Registered AITI Tax Qualification Info and Questions

MrFirstClass wrote: »

Just a few quick questions - Basically I have a Masters of Accounting degree and I now want to do tax but I am just wondering the best way around it so to speak.

If I register with the AITI how many years does it take to become qualified and how many exams can be sat through the AITI - Am I right thinking that a contract or something is required after doing so many exams externally?

Secondly, if I had a training contact, how many exams then have to be sat through the AITI?

Hi there, I would imagine you would be exempt from part 1, so you would have part 2 & 3 to do. You don't need a training contract but I would recommend one as you really need buy in from your employer. G'luck!

santino wrote: »

Hey Guys,
This is really for anyone who studied for their exams in Limerick.
I'll be starting my Part 3's in a few weeks.
Basically my question is, are the Limerick tutors up to scratch? Are the facilities ok etc etc.
I studied in Cork for my Part 2's (my girlfriend was living there at the time) but I will be moving to Limerick in September so the obvious choice is to study there.
To be honest I found the lecturers in Cork only ok at best. It really comes down to the work you out in yourself but a good lecturer is pretty handy too.

I know this seems like a strange post but sometimes it's better to ask people in the know about these things.
Thanks

I can't speak for Limerick, but in my opinion the AITI lecturers are sub-par all round ( I studied in Dublin) with the exception of the indirect tax lecturer who is excellent. So they are probably no worse in Limerick.

Anyone got any last minute words of wisdom before tomorrows APT? Last minute advice on areas to look over??!!

Hi all,

Does anyone know if its easier to get a contract by doing the exams through the AITI?

Hi,

I know this subject has been talked about before (& has probably been discussed at length, apologises I am new to this) but I am looking to get information on the AITI exams. I am an ACCA qualified accountant & I am considering taking on the tax exams.

Firstly, has anyone out there sat both the ACCA exams & the AITI exams? If so what was/is your assessment of the AITI exams Vs. the ACCA exams, as regards, difficulty, lectures, getting through them, etc. (I know this is a very subjective question, but any opinions would be welcome!)

Secondly, I would like to pursue the AITI exams in a tax department in a large practice, (preferably big 4). Have any ACCA qualified accountants made the jump from small practice to Big 4 to pursue the tax exams & if so, did you have to go back to 'Trainee' status? (in terms of level of entry & salary).

Any opinions on the above would be appreciated!

Thanks.

bluestar4 wrote: »

Anyone done the tax technicians course? was it beneficial when finding a job in tax? Whats the workload like? Class sizes etc, would appreciate any information at all.

bluestar4, I've just signed up for it this year as they are offering it as an online option for the first time. I've found it very difficult to get much information on it apart from that on the ITI website.

where are the aiti exams here in athlone?

have passed fae core but failed tax elective. despite this i do not hate tax and was wondering if this spring doing part twos would be of benefit to me. I had a bad day at at the office on tax elective but feel in meantime id like become better at tax. what anybody think?

noveltea wrote: »

I passed the FAE Core last year and I failed the tax elective.

I decided to do the Part 2 last year and I found them very helpful for when I was sitting the tax elective.

I flew the tax elective this year and to be honest I think it was down to doing the Part 2, as I had such a better understanding of tax and the ledge etc.

Well done on passing the core. Its the main one.

Hi Noveltea.

thanks for your advice and thoughts. i am very undecided. still a bit sore not to have got tax as i felt id good work done for it. on day i doubted everything and got myself very confused and changing answers.

i do have to make a quick decision as the exam for part 2s is in spring time. did you go on to do finals in tax?

steve_r wrote: »

I did my Part 2's the same year as I did my FAE's.

I thought the Part 2's were great for providing a very strong foundation of the tax fundamentals, which meant that when I went on study the elective material, I was very confident that I knew where the information was coming from and I understood the context.

It is hard work, and you really have to make the decision based on your circumstances, and how it will affect your life and career.

so based on your circumstances was a good choice for you

Nervous Nigel wrote: »

I'd recommend sitting the Part 2s before sitting FAE.

You'll be a hell of a lot more likely to pass the FAE Tax Elective after sitting the Part 2s.

Hi Nigel.

I have logged in under a friends log in for part 2s. am i letting myself in for something too big that I don't need though. Will it greatly improve my chances of getting tax elective next sept. 2k worth of improvement??

Szewinska wrote: »

Hi Nigel.

I have logged in under a friends log in for part 2s. am i letting myself in for something too big that I don't need though. Will it greatly improve my chances of getting tax elective next sept. 2k worth of improvement??

It's not just the financial cost, it's the time and effort of lectures, assignments (presume you will have one at Christmas), time off to study and site exams.

Are you planning on moving on to the Part 3's? If your goal is only to pass the tax elective then I think revision courses etc would be less expensive and time consuming.

I am very glad I did mine, but I was always planning on doing the Part 3's.

bluebell27 wrote: »

I am the same-failed tax elective and hoping to do part 2 exams in April. My firm have offered to pay for at least some of the fees which has helped me make the decision to do it.hoping to get application done tonight.just hope it isn't too tough catching up on the lectures I have missed!

Lectures were recorded when I did them so they should be available online.
I had an assignment to do at Christmas so check if you need to do that.

Is it possible to get past home assignments online for part 2?

Yes they are under the exam papers section of personal taxes called intrim exam not home assignment