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Advice needed... please

  • 23-07-2008 12:08pm
    #1
    freebee23
    Registered Users, Registered Users 2 Posts: 445 ✭✭


    Hi all,

    I have worked in manufacturing for the last 11 years and just recently accepted redundancy.
    I've been considering accountancy for some time so last year I enrolled with IPASS on their certified payroll technician course and will be sitting my final exams next month. I have an equivalent ord. degree in computing level 7 along with other technical qualifications. What I would like some help with is advice on the route available to me in becoming a chartered accountant. I am considering enrolling with the ACCA and then possibly sitting the F1-F3 exams with BPP. At present I am out there actively chasing down accounts positions however am finding that my lack of experience is a major issue when it comes to employers filling their vacancies. If any one has undertaken a similar career change I would really like to hear from you.

    Cheers,
    Tom


Comments

  • #2
    kluivert
    Registered Users, Registered Users 2 Posts: 2,399 ✭✭✭kluivert


    Tom you would be looking at joining a practice as a trainee accountant.

    I would recommend if viable to return to education ie Uni and doing a degree in Accounting. On completion of this you will gain exemptions from the lower level ACCA papers.

    Alternatively, join a practice as a trainee accountant (low wage) and progress through ACCA exam papers from start.

    Check out www.recruitireland.com for positions or the ACCA website itself.


  • #3
    The CCAinsider
    Registered Users, Registered Users 2 Posts: 129 ✭✭The CCAinsider


    A degree would only slow down you getting your qualification. If you can afford to go back to college, you can afford the minimum wage for a year as a trainee in a practice or slightly better wages as a wages clerk in a larger organisation. If you can knock out 3 exams every sitting you will be at the finals in 18 months, but as you get near the end of the fundamental level the exams get harder. Budget 2 years and you should be OK. The finals will take a minimum of 1 year, but again budget 2. Your employer should be paying your tuition and exam fees. There is an age bias in some firms, but only in a good way. Some firms like to send more mature people to see clients rather than young people, so a trainee position should be possible. Aim for mid tier firms, the biggest firms tend to only take on collage graduates for their training programmes.


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