Which accountancy institute is the best?
I want to train to become an accountant but there are so many different institutes in the UK that I am completely lost as to which set of exams to study. Can anyone help me by suggesting which institute's exams are the best.
Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It depends what type of accountant you want to become. Do you want to be a financial or management accountant? Do you want to go in to practice or work in business? Only when you've made those choices can you choose which institute you want to join.
Answer 2 :
I'm a member of the ICAEW - the Institute of Chartered Accountants in England and Wales. Its exams are certainly quite demanding. The Chartered Certified Institute also has a very good reputation. You can pass your exams with them before getting an accountancy job, which is not possible with the ICAEW
Answer 3 :
ICAEW. I used to work for ACCA, they used to fiddle their membership figures. ACCA is a hypocritical organisation which talks so much about ethics and company transparency and yet it is so dishonest. ICAEW is better known and better respected. And you CAN work abroad with an ICAEW quallification even though ACCA claims they are the only qualification that enables that (another lie).
Answer 4 :
In order to determine which institute is right for you it is first necessary to determine what level you aspire to. There are basically two different levels: Accounting technician (AAT or CAT) and Chartered Accountancy (ACCA, CIMA, ICAEW, CIPFA, ICAS & ICAI). The accounting technician qualifications are lower level accounting qualifications which allow members to act as support staff in a whole range of finance functions. AAT is sponsored by CIMA, ICAEW, CIPFA & ICAS while CAT is sponsored solely by ACCA who abandoned AAT back in the mid 1990s as it wanted to introduce a technician level qualification which had the same business model which it did, ie. one with a global presence. However, in all other respects the two technician qualifications are the same. If, however, you are more ambitious then you will want to train to become a chartered accountant. This can be done after qualifying as an accounting technician or once you have completed a university degree. If you are interested in working as a management accountant in industry then the CIMA qualification is for you. If you are more interested in working in the public sector then CIPFA is the qualification to take. However, if you are hoping to eventually work in public practice then ACCA, ICAEW, ICAS or ICAI are the qualifications you should be looking at. In terms of which qualification is the most difficult to pass the answer is that there is no difference. They are all chartered accountancy bodies and independent scrutiny of all qualifications has shown that they are all equally difficult to pass. The ICAEW is the largest of these chartered accountancy bodies in terms of members. However, statistical evidence suggests that the ACCA will become the largest of these bodies in 2008. Reasons for this include the fact that this body has adapted better to the new global environment and has successfully set itself up as the international accountancy qualification. For an unbiased statistical analysis of the UK chartered accountancy bodies the following link gives very useful data: http://www.frc.org.uk/images/uploaded/documents/ACF18F5.pdf
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Monday, February 28, 2011
Monday, February 14, 2011
Which is better, business analyst or investment banker?
Which is better, business analyst or investment banker?
which is better, in terms of which one works the least amount of hours. What about a financial accountant. Which is better out of the 3. Im asking this because investment bankers have to work ridiculous amount of hours. Which universities are the best for this field type?
Investing - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
anything with the word "accountant" in it blows.
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which is better, in terms of which one works the least amount of hours. What about a financial accountant. Which is better out of the 3. Im asking this because investment bankers have to work ridiculous amount of hours. Which universities are the best for this field type?
Investing - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
anything with the word "accountant" in it blows.
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Monday, February 7, 2011
Does anyone have any tips on improving confidence?
Does anyone have any tips on improving confidence?
I've always struggled with my confidence especially around others and strangers....and I am a very shy person...in my current job as a trainee accountant I find it hard to speak up...Im very quite....and therefore it seems that I am also unfriendly...but I jus feel like noone whats to talk to me....I want to make a good impression...so that i can progress in this position and company...any tips on what to do....is greatly appreciated...
Psychology - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The fact that you are a trainee accountant means you are smart and a go getter. I think if for now, when you talk with co-workers look them in the face but at their chin. Do this until you become better acquainted with them. Remember that they all started where you are right now and they understand how nervous you are. As soon as you feel comfortable with these new people you look each one in the eye when you speak with them. Grown ups love that. Relax as best you can give this some time and be proud of yourself.
Answer 2 :
Go on web for Jack Black (not the actor) he writes books on this sort of thing.I think he's very good. Good luck.
Answer 3 :
try doing activities you like outside your work, being good at something increases self-esteem, and meeting new people can help you socialise better, express yourself in some way you like, and you can always take a walk to the library and search for a psychology book that explains better your problem, it's what I usually do... Sometimes it's helpful because you get to know yourself better and understand why you behave like you do! Bye! Good luck!
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I've always struggled with my confidence especially around others and strangers....and I am a very shy person...in my current job as a trainee accountant I find it hard to speak up...Im very quite....and therefore it seems that I am also unfriendly...but I jus feel like noone whats to talk to me....I want to make a good impression...so that i can progress in this position and company...any tips on what to do....is greatly appreciated...
Psychology - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The fact that you are a trainee accountant means you are smart and a go getter. I think if for now, when you talk with co-workers look them in the face but at their chin. Do this until you become better acquainted with them. Remember that they all started where you are right now and they understand how nervous you are. As soon as you feel comfortable with these new people you look each one in the eye when you speak with them. Grown ups love that. Relax as best you can give this some time and be proud of yourself.
Answer 2 :
Go on web for Jack Black (not the actor) he writes books on this sort of thing.I think he's very good. Good luck.
Answer 3 :
try doing activities you like outside your work, being good at something increases self-esteem, and meeting new people can help you socialise better, express yourself in some way you like, and you can always take a walk to the library and search for a psychology book that explains better your problem, it's what I usually do... Sometimes it's helpful because you get to know yourself better and understand why you behave like you do! Bye! Good luck!
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Tuesday, February 1, 2011
Can you think of any good jobs ie. accountant pharmacist...?
Can you think of any good jobs ie. accountant pharmacist...?
thank-you x something for an average person... x
Other - Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Lawyer, Doctor, Surgeon, IT Consultant, Solicitor
Answer 2 :
A good job is a job you enjoy doing and that pays enough for you to continue doing it. A good job is not always a well paid job or a high status job. Most of us end up sacrificing some of our enjoyment for more money so we can buy our enjoyment outside of work. Actors, artists and musicians all have a passion for their job but may struggle to support themselves in their chosen field. All jobs have their downside. In short, it is not possible to be prescriptive about what a 'good' job is. It all depends on the person and their needs at the time.
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thank-you x something for an average person... x
Other - Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Lawyer, Doctor, Surgeon, IT Consultant, Solicitor
Answer 2 :
A good job is a job you enjoy doing and that pays enough for you to continue doing it. A good job is not always a well paid job or a high status job. Most of us end up sacrificing some of our enjoyment for more money so we can buy our enjoyment outside of work. Actors, artists and musicians all have a passion for their job but may struggle to support themselves in their chosen field. All jobs have their downside. In short, it is not possible to be prescriptive about what a 'good' job is. It all depends on the person and their needs at the time.
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