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Accountancy as a career

  • 24-03-2020 9:24pm
    #1
    SureYWouldntYa
    Registered Users, Registered Users 2 Posts: 7,823 ✭✭✭


    Currently doing some post college exploring, and something that looks like it can be an option for me is a opportunity to train as an accountant

    I'd have some exemptions but not as many as regular accounting students will have (I'm in a Finance course), how much of a hindrance would that be to me? I've done accounting modules every year in college and always got 70+ in them and I'll be expecting to graduate with first class honours as well so I'd like to think I'll be able for the exams even though I'll be starting at a lower base than proper accounting students

    The place I might have an opportunity with doesn't have a specific body I have to go with, although not chartered (I assume this means CAI rather than CIMA, at least that's what I'm inferring). I'm getting different numbers of exemptions with each body, ACCA I'd be exempt from 4 maybe 5 of the 12, and from CIMA it would appear to be 4 from 16 although neither are set in stone until I actually apply since I'm not on a specific approved course. At a glance ACCA may look more appealing with less exams to be sat, but would the exams then be much harder than CIMA?

    What are the general prospects as an accountant today? Would the starting wage be quite low in a small enough town? Does it increase as you get closer to fully qualified? The minimum 3 year commitment is something that's putting me off right now since I'm unsure if i'll like the day to day grind of it, any advice regarding all of this would be greatly appreciated


Comments

  • #2
    DubCount
    Registered Users, Registered Users 2 Posts: 1,109 ✭✭✭DubCount


    First up, don't underestimate how difficult the exams are and how much effort is involved in becoming qualified. Easing through college exams is one thing, professional accounting exams are another. I have never met anyone who found the exams a walk in the park.

    Wages are usually low, until you qualify. The salary difference between "qualified" and "almost qualified" is quote big. Check out indeed etc. to see the different rates for newly qualified and part-qualified.

    I think its a great career and worth the effort to get there. Just be aware the road to qualification is a rocky one.

    Good luck.


  • #3
    R0N BURGUNDY
    Registered Users, Registered Users 2 Posts: 402 ✭✭R0N BURGUNDY


    Don't do it!!!


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