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CAI Elevation vs ACCA

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Comments

  • #52
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,718 Mod ✭✭✭✭Jim2007


    Timos wrote: »
    Regarding employment prosects i always thought that CAI was more geared towards practice so im glad to hear that 65% work in industry.

    Many of us don't even work in accounting! From my 'year' at a certain big 4 firm in the late 1980s not one remains in accounting - many started their own business, but not accounting related, more went into areas such as marketing, HR, oil exploration and so on, one went sheep farming in Donegal, one took up Irish music and is a professional with a band in mainland Europe... and I've spent most of the last 20 years doing technical writing and developing simulation software on a freelance bases... I don't even own s suit!


  • #53
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,718 Mod ✭✭✭✭Jim2007


    smcgiff wrote: »
    BTW, if you ever want to go teaching in secondary school then ACCA or CPA for that matter would be the better option!

    What a load of tosh this thread has become! After a couple of years of work experience and they are all the same from a practical point of view. If however I was intending to move to the States then I would go with ACA because it is the shortest route to the State exams.... Even ICAEW & CA takes longer.


  • #54
    Timos
    Registered Users, Registered Users 2 Posts: 25 ✭Timos


    Jim2007
    Thanks for your take on it, yes I am aware that CAI has very good mutual recognition agreements with England, Wales, Scotland, Australia, New Zealand, South Africa, Canada, Hong Kong and Zimbabwe.
    And yes I am understanding now that the decision is not really which is better but which suits my needs best
    I don't know what your point is about about your big 4 friends not remaining in accounting as that statistic was misquoted by me and was already corrected by someone and was concerned with the ratio of ACCA vs CAI in different industries not how many graduates go on to work in industry. Anyway the same can be said for my degree background, about 70% are now working in different areas for different reasons and i am interested in accounting now.


  • #55
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Jim2007 wrote: »
    What a load of tosh this thread has become! After a couple of years of work experience and they are all the same from a practical point of view. If however I was intending to move to the States then I would go with ACA because it is the shortest route to the State exams.... Even ICAEW & CA takes longer.

    Eh, what?


    And have you an issue with that section you quoted? As you say not everyone wants to be an accountant. If you take CAI you can'tteach economics in secondary schools, with ACCA or CPA you can.


  • #56
    Prettyblack
    Registered Users, Registered Users 2 Posts: 333 ✭✭Prettyblack


    smcgiff wrote: »
    Eh, what?


    And have you an issue with that section you quoted? As you say not everyone wants to be an accountant. If you take CAI you can'tteach economics in secondary schools, with ACCA or CPA you can.

    Maybe he's referring that most people who do accountancy qualifcations don't plan on becoming secondary school teachers... ;-)

    Also he's got a point about the US things, given the link that the CAI / AICPA have.


  • #57
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,718 Mod ✭✭✭✭Jim2007


    smcgiff wrote: »
    Eh, what?


    And have you an issue with that section you quoted? As you say not everyone wants to be an accountant. If you take CAI you can'tteach economics in secondary schools, with ACCA or CPA you can.

    Well first of all I doubt very much that there are many people who start out in accounting wanting to teach in a secondary school and secondly you'd need a bit more than an accounting qualification to do so....

    The point about choosing CAI if you were thinking of going to the States is useful because most people will want to use their professional training to earn a living. And the shorter the step local recognition of your qualification the better...


  • #58
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Jim2007 wrote: »
    Well first of all I doubt very much that there are many people who start out in accounting wanting to teach in a secondary school and secondly you'd need a bit more than an accounting qualification to do so....

    The point about choosing CAI if you were thinking of going to the States is useful because most people will want to use their professional training to earn a living. And the shorter the step local recognition of your qualification the better...

    Hang on, you're the one that mentioned that many qualifieds don't work in accounting. School teaching at secondary is very much an alternative. What's wrong with it? What you need is the secondary H Dip. But you can qualify for the H Hip and teach Business Studies, Accounting and Economics if ACCA or CPA. Only the first two with CAI.

    Be careful about throwing around generalities - just because it's not for you.

    Re working in the US. Correct, but don't come on here claiming tosh and then doing the exact same thing yourself.


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