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Big 4 and ACA exams

  • 24-09-2012 6:05pm
    #1
    Closed Accounts Posts: 66 ✭✭


    Hi All,

    Wondering if someone in one of the big 4 firms could clear up this for me.

    In fourth year college degree in accountancy so should have full cap 1 exemptions and expect to have a 2.1 at the end.

    I was told that when you work in one of the big 4 they expect you to complete all four cap 2 exams in one sitting is this true more to the point is this even possible giving the long hours graduates are working by the threads on here.:(

    Many thanks,


Comments

  • Registered Users, Registered Users 2 Posts: 14,500 ✭✭✭✭cson


    Yes you'll have to do all 4 exams in one sitting and exam incentives set by the firms reflect this. Its very possible if you look at the number of ACAs coming through, there's likely a good few users of these forums who have travelled and succeeded on that road. Its tough but doable if you plan accordingly.


  • Closed Accounts Posts: 66 ✭✭thomlin


    Thanks CSON,

    Can I ask one more thing if I sat all 4 exams and passed them would I then be sitting the 3 FAE exams together in the next sitting of exams meaning I would be fully qualified in a year of my training contract which would leave me with two and a half years of qualified experience providing I got a contract and passed all exams to start with.

    Is this right or have I just got it completely mixed up

    Thanks,


  • Registered Users, Registered Users 2 Posts: 1,298 ✭✭✭srm23


    thomlin wrote: »
    Thanks CSON,

    Can I ask one more thing if I sat all 4 exams and passed them would I then be sitting the 3 FAE exams together in the next sitting of exams meaning I would be fully qualified in a year of my training contract which would leave me with two and a half years of qualified experience providing I got a contract and passed all exams to start with.

    Is this right or have I just got it completely mixed up

    Thanks,

    you will be working for nearly a year before you do the cap 2, then the fae is a year after this.
    so once you qualify you will have 1 1/2 years left


  • Closed Accounts Posts: 66 ✭✭thomlin


    Thanks srm23 good to know :-)


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