Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Training To Become An Accountant As A Mature Student

  • 07-03-2012 7:51pm
    #1
    Closed Accounts Posts: 327 ✭✭


    Hi,

    Just wondering if anybody could give me advice on training as an account as a mature student.

    I already have a degree which I graduated from over ten years ago (in history). Currently I'm looking at a higher diploma in Accountancy (I believe UCC and NUIM have these courses). Would this be a good route in?

    Whilst I think studying many of the areas involved in accountancy would be very interesting, I do have one major worry. Whilst I'm not a dolt in maths terms, I'm not a whizzkid either. In respect to addition, subtraction, multiplication, division, percentages etc I'm reasonably ok. In terms of prime numbers and powers etc I wouldn't be the best. Would this be a big problem?

    Another worry would be, I tried my hand at a computer programming course in the past and found it extremely difficult and didn't really like it. Whilst I know there is a big difference between computer programming and accountancy I would be concerned that it suggests my logic sjkills are not sufficient. Would you as experienced accountants see thisas a problem?

    On the plus side, I studied Business in secondary school and enjoyed it and having looked into areas such as economics, organisational behaviour, business ethics whilst researching this career option, I think it would be interesting.

    My final questions revolve around the feasability of training as an accountant now I am in my thirties, have a mortgage and a child. 1. Would I be considered too old? 2. How much, other than the higher diploma would it cost me in the long run? 3. How many years would it take me to train up, and what is the possibility of finding work as a part-qualified or trainee accountant?

    Sorry if my questions seem a bit scatty but I'm finding it difficult to find answers to these questions online.

    Thanks.


«1

Comments

  • Registered Users, Registered Users 2 Posts: 3,065 ✭✭✭j@utis


    I'd love to see someone's answer to your questions because I am in almost the same situation myself (minus the kid and I have bachelors in maths, like computer programing, esp databases). My goal is to get a permanent part time job in accounting.
    Please please someone in the know help us out. Thank you!


  • Registered Users Posts: 477 ✭✭ted2767


    j@utis wrote: »
    I'd love to see someone's answer to your questions because I am in almost the same situation myself (minus the kid and I have bachelors in maths, like computer programing, esp databases). My goal is to get a permanent part time job in accounting.
    Please please someone in the know help us out. Thank you!
    First off you're not too old.
    The maths issue is not a problem the academic side od accountancy is not very top heavy in maths (in my opinion) it's more the interpretation of numbers and tieing that back to the situation in hand that's important.
    As for your age I'm 38 went back to college to do an undergrad in accounting nearly 4 years ago and came top of my class with no business/accounting background.
    I applied for milk round 2010/2011 and got offers from 3 of the big 4 and am nearly finished my masters in UCC.
    So if you want it and will stick at it and dedicate the time to it then go for it.


  • Registered Users, Registered Users 2 Posts: 336 ✭✭EveT


    Regarding the maths, the only subject in my experience that would be a bit mathsy would be finance, investment appraisal, time value of money stuff, annuities, there could be some 'powers' etc involved there but overall I dont think you need to be super strong on maths


  • Moderators, Recreation & Hobbies Moderators Posts: 27,641 Mod ✭✭✭✭Posy


    I was always good at maths in primary school but terrible in secondary school, once they introduced algebra. :o
    I've applied for the h. diploma in accounting in DIT and am in almost the same boat as you OP, except my degree is in English and I have a mortgage but no kids! You'll have to let me know how you get on if you choose to proceed. :)


  • Registered Users, Registered Users 2 Posts: 12,123 ✭✭✭✭Gael23


    I would do the diploma as it would get you the CAP1 exemptions and set you on a good grounding for the rest of the exams.
    I dont think your ever too old although do bear in mind that it will be up to 4 years before your fully qualified. As for maths, I wouldnt worry too much as its all fairly straightforward calculations which are not overly complicated to learn


  • Advertisement
  • Closed Accounts Posts: 1,802 ✭✭✭statss


    Hi,

    I am a mature student myself, 26, with no prior accounting background. I have applied for graduate trainee positions, sending my CV to the big 4 and smaller places. Had 1 interview with a big 4 so far. If I don't get a trainee contract I will probably study CIMA myself. I was looking at the diploma in DIT myself but I can't afford to not work full time.

    I was poor in Maths in school as well but I reckon logic and reasoning is as important.


  • Registered Users, Registered Users 2 Posts: 75 ✭✭idayang


    I will follow the thread as i am considering the same questions...;)


  • Registered Users, Registered Users 2 Posts: 2,540 ✭✭✭freeze4real


    I go to NUIM and it's the mature students who arre doing very well in accounting. There approximately 15 of them and 7 of them get a 1.1 and while 4/8 left get between 65% upwards.


    So being a maire student doesn't matter.

    And for the record 26 is not a mature student.


  • Registered Users, Registered Users 2 Posts: 3,098 ✭✭✭Johnny_Fontane


    j@utis wrote: »
    I'd love to see someone's answer to your questions because I am in almost the same situation myself (minus the kid and I have bachelors in maths, like computer programing, esp databases). My goal is to get a permanent part time job in accounting.
    Please please someone in the know help us out. Thank you!

    From a career/finding a job perspective, this is very difficult. Most part time roles tend to be junior roles, we do see the odd senior role, but its mostly a bookkeeping type role.

    So from a salary perspective a part time permanent role might pay €35,000 on a full time basis. Factor in part time (say 3 days a week) and its €21,000.

    I'm not sure retraining for 4 years to get this sort of role would be the best use of your time. If you are looking for permanent part time accounting work, its generally better to maybe undertake the IATI, I'm not sure undertaking the full ACCA/CIMA/CPA route would be worth it.

    If you have any further questions you can always drop me a line.


  • Registered Users, Registered Users 2 Posts: 3,020 ✭✭✭ianuss


    And for the record 26 is not a mature student.

    Over 23 is a mature student, no?


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 3,098 ✭✭✭Johnny_Fontane


    Taffy Kat wrote: »
    Hi,

    My final questions revolve around the feasability of training as an accountant now I am in my thirties, have a mortgage and a child. 1. Would I be considered too old? 2. How much, other than the higher diploma would it cost me in the long run? 3. How many years would it take me to train up, and what is the possibility of finding work as a part-qualified or trainee accountant?

    Thanks.

    From a career/job finding perspective, it could be tricky to find a trainee accounting role, but it can be done. If you want to go all the way, I would say best to go for CIMA/ACCA/CPA because these roles will allow you to get a better salary in years 2/3/4 of your odyssey. These roles will also allow you to work in Industry/Financial Services (I know you can do ACA this way too, but its pretty rare) and you can move between jobs. As a part qualified you may be alot better than other part qualifieds and by not doing ACA you can leverage this to maybe find better roles for yourself. Also it might be a possibility that you do not complete the exams and being a part qualified CIMA/ACCA/CPA gives you better options rather than being a part qualified ACA.

    If you want to discuss further pm me.


  • Registered Users, Registered Users 2 Posts: 3,912 ✭✭✭kilburn


    I'm not sure retraining for 4 years to get this sort of role would be the best use of your time. If you are looking for permanent part time accounting work, its generally better to maybe undertake the IATI, I'm not sure undertaking the full ACCA/CIMA/CPA route would be worth it.

    If you have any further questions you can always drop me a line.

    IT would not take you 4 years to retrain for some of the professional qualifications, if you took exams at each sitting you could do it a lot faster


  • Registered Users, Registered Users 2 Posts: 3,098 ✭✭✭Johnny_Fontane


    kilburn wrote: »
    IT would not take you 4 years to retrain for some of the professional qualifications, if you took exams at each sitting you could do it a lot faster

    agreed but to get a permanent part time role, you will need plenty of experience. The permanent part time market is very very tight. If we put an ad up, we get 20 cvs in 2 days, of very qualified candidates. Mostly candidates who have young children and probably 10 years experience. I'm not sure the op can compete with those candidates with three years experience.


  • Registered Users Posts: 356 ✭✭Alan_007_


    I know this is an old thread. I wanted to bump it to see how everyone is getting in or if anyone else in the same position. Thinking about doing the MACC programme at UCC next September.

    If it was me, I'd skip the MACC and go straight into the professional exams. Have you any degree or other courses in accounting done?


  • Registered Users Posts: 230 ✭✭Navy blue


    I am currently studying ACCA, early 40's, two kids, full time job. It can be hectic, but you just have to have a schedule, fit in time for study and go for it. I had no college qualification, but did a two year Accounts Technician qualification before starting ACCA so knew I liked accounting and had an apptitude for it. I would agree with Alan, skip the MACC course and go straight into the professional exams, you may be entitled to some exemptions based on your previous qualifications. I had exemptions from the four basic level ACCA exams with my IATI qualification. I am currently self studying (I use some free online resources like Open Tuition for some clarification if I don't understand) but will may return to classroom based study when I get to the strategic level subjects.


  • Registered Users Posts: 356 ✭✭Alan_007_


    I have a bachelors degree in accounting and finance (2.1). I have CAP 1 exemptions. I need to apply and see if I have any CAP 2 exemptions; good chance I will get a couple of them at least.

    AFAIK, CAI don't give out exemptions to CAP 2 unless you do the masters.

    Have you looked into ACCA? With your bachelors degree you could be exempt to all of the F levels (equivalent to CAP 1 and CAP 2 combined).

    Otherwise, if you've your heart set on Chartered, it might make more sense to go ahead and do the CAP 2 exams with the institute as they're much cheaper (€3k including all books vs. €10k tuition only).


  • Registered Users, Registered Users 2 Posts: 5,806 ✭✭✭The J Stands for Jay


    I studied ACA as a mature student. I didn't get any exemptions because my degree was more than 10 years old. I probably wouldn't have taken them anyway, because I'd wanted to do CAP1 to make sure I didn't go straight into CAP2 and struggle because I didn't know as much as my exceptions said I should. To anyone with kids, my first lecture was when my first child was 1 week old. I split CAP 1 and CAP 2 over two years each, which made it much more manageable. Having lectures most nights of the week would have been too much with small children in the house.



  • Registered Users Posts: 216 ✭✭Andrew93


    I am starting my studies this year and have yet to decide on ACCA or ACA. The biggest query I have is that I have a 4 month old baby at home and am working full time in Industry. Was thinking of doing the ACA flexible route as I have full CAP1 exemptions due to my degree in Accounting & Finance. Was it still a lot to balance the 2 exams each year or is it manageable. Only reason I'm looking at ACCA is flexibility for exam sittings.



  • Registered Users, Registered Users 2 Posts: 6,967 ✭✭✭ebbsy


    Having been in practice for 23 years now -

    I would work in the day time and study at night.

    A lot of what you study will be no use in the office.

    How is your double entry bookkeeping ? T accounts ? Trial balances ? Learn that ****. You will need it from day to day.

    I have seen so many people qualify and still cannot do the basic in the office. Because that is what is - applying the basics to your day to day duties.

    Good luck .



  • Registered Users, Registered Users 2 Posts: 5,806 ✭✭✭The J Stands for Jay


    I found it manageable, but it wasn't easy. CAP2 were harder exams, but by that stage, the kid was a bit older and I was managing to get a bit of sleep...



  • Advertisement
  • Posts: 61 ✭✭ [Deleted User]


    I'm doing the flexible route. You can basically do the study whenever you want. The exams will be in July for the CAP2 when is when you need to be ready to go. There are 4 CAP 2 exams in that one week but I've heard of some students doing less (doing 2 this year and two the next year) but it takes an extra year when really the exams are not that tough and if you wanted you could do 2 exams in July and do the other 2 in the repeat session which I think is about 3 or 4 months later. Deadline to enroll is 13th September and would recommend ACA over ACCA because the quality of the teaching and materials is much better. I started ACCA and switched to ACA when I seen how they did it.

    CAP2 will cost about €3,200 but you can pay it over 3 installments during the year. That covers all the lecturers and books.

    Do you work in an accounts department or is is something unrelated to accounts altogether?



  • Registered Users Posts: 216 ✭✭Andrew93


    Thanks for that. Yes I am going to go with ACA flexible route and aim to do 2 exams next July, then the other two from CAP2 the following year. I am going to enrol this week, just waiting to receive some transcripts to send off.


    I'm working in the finance department with a finance manager and finance director of a manufacturing company. I'm hoping that they will pay the entire amount for my exams. Thanks for the reply and feedback, much appreciated!



  • Posts: 61 ✭✭ [Deleted User]


    Did the manager or director qualify with ACA or ACCA?


    If you are working in an accounts department and your double entry is solid enough I think you will regret not signing up for all 4. If you don't sit them all so be it but at least you will have the option otherwise it takes an extra year which I think you will look back on and feel it was wasted time and there is nothing you can do about it after 13 September if you don't sign up for all 4. Good luck whatever you decide.

    If you go ahead with 2 I would recommend you do the Financial Reporting with either Tax or Audit first.



  • Registered Users, Registered Users 2 Posts: 515 ✭✭✭sharky86


    I went back as a mature student. Degree at 29 in BA accounting and signed up to training contract with big four. In the middle of FAEs now at 35. Really enjoy the job to be fair. CAP2 exams I found where ok and if you have a accounting background degree you should definitely sign up for all four. Ps. Mortgage kids madra the whole nine yards here. Long journey but provided the fae goes ok I’ll be well chuffed when finished. Starting 3rd year of training contract next month



  • Posts: 3,505 [Deleted User]


    CAI offer a flexible route for a reason, it suits some people better.

    Especially as Andrew93 is working in industry and might get very little time off to study, there's no reason to rush to get all the CAP2s done in one year. CAP2 is regarded by most (including myself) as the toughest year - if someone is comfortable taking their time with it, it seems like the most sensible thing to do.



  • Registered Users Posts: 216 ✭✭Andrew93


    Yeah that was my thinking I can't imagine I will get any time off from the company to study so will probably have to use some of my annual leave time to do so. I think two and 2 is the right choice for me with the circumstances. My finance director is ACA @9214 so she will be able to sign me off.


    My final question to anyone that has done CAP2 would be what two would you recommend me to do together first?? Have seen plenty of ACCA content on which subjects to do together but nothing really on ACA.



  • Posts: 3,505 [Deleted User]


    I'd recommend splitting up your two toughest subjects. I did all 4 at once but if I could have split them I would have done FR (my worst subject) and SFMA (my best) together, and then Tax (my second worst) and Audit together. I feel like there's a lot to learn off with FR and Tax, whereas SFMA and Audit you can rely more on understanding the subject. But I'd say have a think about what your strengths and weaknesses are and tailor your choice around that.



  • Registered Users, Registered Users 2 Posts: 2,391 ✭✭✭olestoepoke


    I worked several dead end jobs, mostly in construction most of my life. At the age of 39 I decided I wasn't happy and went back to an adult education centre and sat my leaving cert and on to university and got myself a degree in Accounting and Finance first class honours 1.1. full cap 1 exemptions.

    Now I was 44 years old when I graduated, but during the milk rounds I applied to well over 60 firms including the top 10 and didn't receive a call for one interview. I pushed on and finished the course and placed in the top 20 in a class of over 90 students. I spent the first year after graduation perfecting my CV and have applied for well over 100 positions and in that time was called for one interview which I was unsuccessful with. They will never openly admit it but the Accountancy profession is extremely ageist and I regret choosing it now. I always enjoyed math and accounting modules and this is evident when you look at my results over the years but I should have chosen a course where my age and life experience would have been an advantage like social work possibly. I'm now in a position where no accounting practice or industry will hire me because I'm too old and it seems that the administration jobs are also passing on me possibly because they see me leaving to finish the accountancy qualifications. My advice to any mature student thinking of making a career change into accounting is to be aware of the blatant ageism and consider another career.



  • Posts: 3,505 [Deleted User]


    That's awful olestoepoke, I'm sorry to hear it went so poorly for you. You deserve better treatment than that after everything you achieved.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 2,391 ✭✭✭olestoepoke


    Ah thank you but its all good, I thoroughly enjoyed the experience of university. I don't blame the industry they have their reasons and its all business at the end of the day. I blame myself for not researching it more.



  • Posts: 61 ✭✭ [Deleted User]


    Sorry to hear that. Instead of applying directly to companies have you gone to a few recruitment agencies?



  • Posts: 61 ✭✭ [Deleted User]


    You might have some joy going through recruitment agencies rather than applying directly.



  • Moderators, Business & Finance Moderators Posts: 10,413 Mod ✭✭✭✭Jim2007


    Agencies are hired by employers to filter out unsuitable candidates not include unusual candidates. I doubt the OP would even get past the agency filtering interview never mind get presented to the employer unless the employer had already specified that they wanted a mature trainee.



  • Registered Users, Registered Users 2 Posts: 5,283 ✭✭✭Deeec


    I think you might have more luck with the smaller accountancy practices but the pay starting off would be extemely poor. A mature candidate that would be willing to grow with the practice would be an advantage.



  • Registered Users, Registered Users 2 Posts: 2,391 ✭✭✭olestoepoke


    I'm aware that the starting salary is poor and I'm fine with that, wife works so we are covered financially. I have tried smaller practices too but unfortunately no calls for interview. Regarding a suggestion from an earlier poster to hide my age on the CV, I haven't tried that yet, not sure I feel comfortable with that TBH. If I do get called for interview they'll immediately know I'm in my 40s lol.



  • Advertisement
  • Moderators, Business & Finance Moderators Posts: 10,413 Mod ✭✭✭✭Jim2007


    You probably need a different approach - networking. Certainly if it were me I try to build up some contacts with firms outside of the interview circle. You can use services like LinkedIn etc... to identify people and try to find some local events where you might gain an introduction to them. Also consider reaching out directly to people on linkedin etc... join a forum conversation, compliment someone on an article they write, ask a question etc.... just get yourself noticed and involved.



  • Registered Users, Registered Users 2 Posts: 1,326 ✭✭✭MartyMcFly84


    I am a qualified accountant with ACCA. I did the mature student route also, a long time ago I did a couple years of European studies when I went to college after school and didn't see any direction, was struggling mentally and I dropped out. I worked in bars and the service industry for a long time.

    After many years of working nights I wanted to work during the day and ended up getting some admin jobs. These entailed some invoicing, from there I got a credit control job and saw all the heads in the finance dept were accountants. I looked into the ACCA and for industry based operational finance jobs looking for employee who are studying or interested in studying professional accountancy exams. I got an industry role which was invoice to cash. I started my ACCA exams there, as as I progressed I became involved almost all areas of the income statement and balance sheet.

    I never even heard of milk rounds until I found this forum. Having never done finance in university I didn't even look at the typical route for student accountants. Just what was on the ACCA website.

    Long story short, there are many ways to skin a cat. Just because the university, or big 4 route didn't work, doesn't mean that there are not other ways to become a qualified accountant. I have never worked in practice, but have gained lots of knowledge working in the tech industry while doing my exams.

    My advice to older students would be to just try and get a finance related job, which will count towards your work experience while you complete your exams. There are many people of all ages in operational finance roles and you wont stand out for being older. You will likely get promoted within industry as you gain experience and pass your exams also. The starting off the salary for a Credit controller, Accounts payable, treasury, payroll admin, etc is much higher than a student accountant, so again a more livable wage than taking a student salary.

    Personally I did not find any blockers due my age. However I can see if you are going for roles that are typically taken by 22 year olds it might be more of an issue.

    Dont give up, it you want it bad enough you will find a way.



  • Registered Users Posts: 13 broccoli123


    Its important to gather connections along the way. I graduated this year BA in Accounting at the age of 32 and after applying to well above 100 job ads(within a year) for entry positions in the accounting field I received 0 call backs and not a single invite for an interview. I have my age listed on my CV, but on top of that i am a foreigner with a foreign name. The user above me is right - if you want it bad enough you will find a way, however obviously some people will have much easier ways than others due to their age and other factors mentioned. This is like Henry Cavill saying - "if you like a girl ask her out for dinner. Works every time for me" :)

    I now got a job within the company i worked with, just in the accounting department, so you may want to try applying internally or speak to your friends who work in the industry to vouch for you, offer to do unpaid work if need be for some time, but you will eventually get a position. Best of luck.



  • Registered Users, Registered Users 2 Posts: 55 ✭✭relevanc


    I think this post is 100% great advice.

    milk rounds are for young university students, if you are any way outside of the norm you don’t stand a chance as the Big4 business model is based on eager young worker bees.

    Best advice is to get a role in industry with some finance related tasks and where there is scope to take on more.

    Or alternatively ask to get work experience in a small firm. Either a few weeks or a day a week etc as this will end up as a job offer if they like you and at a minimum a good reference/experience to build the CV. Most job requirements require some prior experience, so this method would enable you to get around that obstacle.



  • Registered Users, Registered Users 2 Posts: 1,095 ✭✭✭hawaii501


    Hi all, I'm thinking of starting the ACCA's.

    Just wondering I'm going to apply for taxation fundamental paper in City college for december exam(completed ATI technician about 6/7 years ago).

    Do I have to register for ACCA before I apply? Luckily I'm currently working in accounts but not qualified therefore not in the position as some of you.



  • Advertisement
  • Posts: 3,505 [Deleted User]


    I knew Big4 trainees that started in their early 30s. Some struggled, some left, some seemed to get by just fine (but then, you dont always know when someone's struggling). Still, it's proof that early 30s isn't too late to get hired in Big4 (which is probably the most cookie-cutter of employers since they have such a high volume of applicants).

    I'm sure there are those who would discriminate at a relatively young age, whereas there are also those who couldn't care less about age. It all just depends on the opportunities you manage to land, and the luck of the draw when it comes to interviewers. Probably safe to say it'll get continuously more difficult the older you get, but I doubt theres any specific cut-off that you can pin down.



  • Moderators, Business & Finance Moderators Posts: 10,413 Mod ✭✭✭✭Jim2007



    Back in my day Ireland was special in terms of demographics - if you were in your 40s you were old. But the thing is that the entire population is getting older and so in your you probably won't find it as big an issue as it was for people in say the past 20 years. Here in Switzerland the work force is much older and the big concern in some areas now is try and encourage people to stay on longer than the normal pension age, encourage retired people to get back into the workforce etc...

    The biggest challenge you may face is what I consider the dumb equality rules in recruiting. Not allowing employers advertise for the exact type of person they intend employ. No amount of hiding your age etc will make an employer take on someone they don't intend to employ. It just wastes everyone's time.



  • Moderators, Business & Finance Moderators Posts: 10,413 Mod ✭✭✭✭Jim2007


    There are different ways to look at this....

    The reality is that every accounting student wants to get a contract with a big 4, very few will get to the interview and even fewer will get an offer. The fact that you got to the interview stage means that you have an interesting profile and you are ahead of a large section of potential applicants. Of course it is a disappointment, but it most certainly is not reason to give up on your dreams, it just means you have to try a little harder. There are plenty of second, third and even fourth tier firms out there that can offer you a good training position. So give it a try, I can't see you being happy with your lot, if you don't.



  • Posts: 3,505 [Deleted User]


    Like Jim2007 said above, you're doing well to get interviews.

    I wouldn't put the whole thing down to age though. I was in my late 20s starting with a Big4 and there were 3 lads in the same team as me starting in their 30s.

    You said you know one place was taking on 50% of the people being interviewed. So 50% of people who interviewed didnt get it, and god knows how many applied in the first place and didnt get a look in. It's stiff competition, and while I don't dismiss the fact that the age thing is an obstacle, there are countless other potential reasons why you didn't get an offer. It's no reason to tell other people to give up.



  • Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,407 CMod ✭✭✭✭Pawwed Rig


    I was a late starter in the industry aswell at 34 but luckily got a start with Big 4. Once you hit 40 alot of doors slam shut alright. There is even a reluctance to hire manager level at this age.

    What is your preferred service line?

    For what it is worth I never have my age in my CV. Nor do I have the years of my leaving cert. I have done some interviews where I absolutely nailed it (KPMG most recently) and didn't get the job which I personally think I would have gotten had I been 10 years younger.



  • Registered Users, Registered Users 2 Posts: 2,391 ✭✭✭olestoepoke


    I'm currently working a payables department for a decent size company, not ideal I know but as a previous poster mentioned it's a way in through the back door and will do for now. I'm signed up for ACCA and have 4 exams left, so will keep going with them. If I had it all to do again, as much as I like accounting I wouldn't choose it. My advice to mature students thinking of going the accounting route is think hard and maybe look into a profession where your age might be appreciated and not frowned upon.



  • Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,407 CMod ✭✭✭✭Pawwed Rig


    Dublin



  • Moderators, Business & Finance Moderators Posts: 10,413 Mod ✭✭✭✭Jim2007


    Well given that the ICAEW have decided to withdraw their recognition in Ireland, it could have consequences in the future. From what I have read the ICAEW qualification will now be handled the same as any other third country qualification throughout the EU/EEA/CH. And that means there is no obligation to recognise it nor to facilitate people switching to an EU/EEA/CH alternative. In practical term at the moment that means that you need to sit some kind of exam, usually multiple choice, to be allowed practice in the EU/EEA/CH, but even though you may be allowed to practice, it does not mean that you can join the local association.

    If on the other hand you go into industry, I doubt most employers will be concerned that you have an ICAEW qualification or an EU/EEA/CH one.



  • Posts: 61 ✭✭ [Deleted User]


    I completed all the ACA exams as a flexible route student as well as having a business degree and experience working in accounts departments.

    Not one of the big 4 gave me an interview but they hired people with no accounting background at all who were 22 with no work history.

    I'm mid 30s.

    They do favour people who did internships and to be fair it does stand to them.

    There is definitely a bias against people in their 30s.

    I got one interview and got the job in a good company. That is all you need so keep applying.



  • Registered Users, Registered Users 2 Posts: 3,670 ✭✭✭StevenToast


    I also completed all the ACCA exams myself before applying for Big4....thought it would work to my advantage...it didnt.....never even got called to interview..... im in my 30s..

    The Big4 want you to have exams so they can hold it over your head...get rid of you if you fail etc...youre on a conveyor belt in there...get you in..get you out...

    Plenty of other companies out there to train in....

    "Don't piss down my back and tell me it's raining." - Fletcher



  • Advertisement
Advertisement