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Need advice..accounting!!!

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    Hello people,

    Well basically I have been working in the financial industry for around 18 months now doing investment sales. I am now 20 years old and I am looking so start a career and after much research I want to go into accounting.

    I have GCSEs and average grades in A levels.

    I need advice on how to get into accounting.

    Do I study AAT levels 2,3,4 off my own back then look for a job?

    Do I looking for an apprenticeship? but i understand that's difficult to find

    I would like to go on to study the ACA OR ACCA eventually.

    Need help and advice please.

    Thank you.
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    Do a degree in Accounting with a placement year? I think you have to be in relevant employment as well to do the AAT courses. not too sure though.
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    Option 1: Apprenticeships

    Advatages :

    Cost Effective
    Experience written of through ACCA

    Disadvantages:

    Time consuming
    Difficult to find Apprenticeship
    Hard to Guggle around work and studys

    Option 2 Undergrad In Accounting

    Advantages
    Better Social Life
    More information will be presented
    More Time to absorb Knowledge

    Disadvantages

    Expensive
    No Future Prospects

    Option 3 Direct ACCA

    Advantages:
    Cost Effective
    Thorough Understanding
    More recognised

    Disadvantages:
    No Funding
    Exam are Difficult
    Exam Tips are vague

    Option 4 Go Into A different Field with better Job Prospects
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    (Original post by 064915)
    Option 1: Apprenticeships

    Advatages :

    Cost Effective
    Experience written of through ACCA

    Disadvantages:

    Time consuming
    Difficult to find Apprenticeship
    Hard to Guggle around work and studys

    Option 2 Undergrad In Accounting

    Advantages
    Better Social Life
    More information will be presented
    More Time to absorb Knowledge

    Disadvantages

    Expensive
    No Future Prospects

    Option 3 Direct ACCA

    Advantages:
    Cost Effective
    Thorough Understanding
    More recognised

    Disadvantages:
    No Funding
    Exam are Difficult
    Exam Tips are vague

    Option 4 Go Into A different Field with better Job Prospects
    This.
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    I'm an apprentice in a finance department, but I’m doing a Business and Admin NVQ and I want to be an accountant too.
    My workplace pays for employees to do professional studies but I couldn’t get it because I hadn’t been working there over a year, so I decided to pay for CIMA courses out of my own pocket and got advice to go to BPP because it was so recommended by everyone I knew. The classes, lecturers and materials provided were absolutely brilliant but SO EXPENSIVE! My wages are luckily higher than the average apprentice wage, because of my company and I paid by a no interest credit card so I was able to handle it financially (just!)

    If you DO choose to study off your own back, choose your school/tutor/college very carefully. Make sure to look at the pass rates because if you fail a professional test, it stays on your record and it’s really not worth paying cheaply and failing. Just see it as an investment into your future and hopefully the money spent will come back to you as you progress .

    I went in at entry level with the CIMA certificate qualification and it was very interesting but really fast paced and required a heck of a lot of head down study time. You shouldn’t let this put you off though because all professional accountants have to work and study at some point, including those that go to Uni, as it’s the combined experience and the theory that get you fully qualified.

    I heard that AAT offers apprenticeships. I don’t know much about this, but you could try to set something up with your company and AAT so the government pays for your studies?

    Also if you have GCSE and A levels you should be able to go straight into the ACCA and ACA studies without doing AAT, however AAT is a good starting point for those with no experience in accounting whatsoever, so it depends on how confident you are really.

    Like I said, I’m an apprentice and I would shout the schemes praises off the rooftops if I could! Go onto the government website and have a look at the current vacancies and you might find something worth applying for, it’s where I found mine :u: http://www.apprenticeships.org.uk/Ty...ccounting.aspx
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    thanks everyone.

    I think I am going to study the AAT off my own back and once part qualified look for some type of bookeeper/accounting role voluntary/part time/full time/anything I can get to build my experience.

    I am also 20years old is that too old to study the AAT?

    So I be studying the ACCA straight away?

    Do anyone know which learning provider has the best career department?

    What part of accounting has the best career prospects and salary?
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    (Original post by 064915)
    Option 3 Direct ACCA

    Option 4 Go Into A different Field with better Job Prospects
    A field with better job prospects? Such as?

    What about ACA?

    (Original post by PaperBoy)
    This.
    (Original post by jackjennings)
    thanks everyone.

    I think I am going to study the AAT off my own back and once part qualified look for some type of bookeeper/accounting role voluntary/part time/full time/anything I can get to build my experience.

    I am also 20years old is that too old to study the AAT?

    So I be studying the ACCA straight away?

    Do anyone know which learning provider has the best career department?

    What part of accounting has the best career prospects and salary?
    If you are a graduate, join an accountancy firm and do the ACA straight away (they pay). If you aren't a graduate then I don't know what the best way would be, so ignore me

    However, consider carefully which qualification to do. Nothing wrong with the ACCA, but people seem to have forgotten the ACA on this thread. Seemed worth mentioning.

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Updated: April 15, 2012
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