Training in industry

Prettyblack

Is anyone doing this, or thinking of doing this? What would be the options and/or restrictions of doing Chartered in industry?

I know you can do the Elevation programme - is anyone doing this? Just looking for some feedback really.

statss

I thought about doing the Elevation course, but when I realised I didn't want to study auditing or work in practise, I opted for CIMA instead and asked my current employers to give me more finance related responsibilities.

Prettyblack

What made you settle on CIMA? Was it the auditing? Because according to CAI you don't do auditing when you do the Elevation programme. You don't have to auditing unless you're in practice right?

statss

You don't have to do auditing in the elective but it would appear you have to do it in Cap 2. Maybe someone could clarify this? http://www.elevationprogramme.ie/exams.html

CA Proficiency 1 (CAP1)
Finance
Management Accounting
Financial Accounting
Law for Accountants (ROI/NI) (half paper)
Taxation (ROI/NI) (half paper)
CA Proficiency 2 (CAP2)
Auditing & Assurance
Strategic Finance & Management Accounting
Financial Reporting
Taxation II (ROI/NI)


I did strongly consider ACA, but I choose CIMA in the end because for me, it offers a better all round qualification to suit my particular circumstances and ambitions. I have a masters in Strategic Management and the enterprise pillar in CIMA compliments this quite nicely.

Prettyblack

Oh right sorry, yeah you're right, there's a paper in it in CAP 2, but you don't have to work in auditing. I thought that's what you meant.

I figure having the paper was a good thing, as it gives you the knowledge, but not having to work at it is a good thing as I don't ever intend being an auditor or having a practice!

EveT

I am at fae level and training in industry, the big down is study leave, they dont have to give you a minimum amount like they do in practice, ive been lucky with my employer but some arent.

I have got quite broad well rounded experience and exposure to a lot of areas of accounting/tax/finance

srm23

working in practice myself but was wondering, does your work pay for you to do the exams?