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    Hello,

    What sort of job can one person get if they have ACCA qualification? Why do people choose it over something like a B.Sc. in accounting?


    What is the next respective qualification after an ACCA?

    How do you know if ACCA is right for you?

    Thanks for reading.
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    OP, you asked some great questions.

    I'm interested in knowing too.
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    (Original post by Putch1)
    OP, you asked some great questions.

    I'm interested in knowing too.
    Thanks a lot for appreciating my questions. I thought others might not find them important.

    Let's see what others have got to say.
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    acca is professional exams. even after bsc accounting u need acca to get anywhere. anyone with any degree can do acca without doing a bsc in accounting. I am pretty sure bsc acccounting gives you some acca exemptions but not enough to merit doing an accounting degree (unless you genuinely love accounting)

    Personally i studied geophysics at uni and learnt about volcanoes and earthquakes. I have no motivation or interest in accounting though i did some research around that career path. If you are strong at maths then actuarial science is a better paid and more interesting option which i also researched


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    (Original post by rock_climber86)
    acca is professional exams. even after bsc accountin u need acca to get anywhere. anyone with any degree can do acca without doing a bsc in accounting. I am pretty sure bsc acccounting gives you some acca exemptions but not enough to merit doing an accounting degree (unless you genuinely love accounting)

    Personally i studied geophysics at uni and learn about volcanoes and earthquakes. I have no motivation or interest in accounting though i dis research. If you are strong at maths then actuarial science is a better paid and more interesting option which i also researched


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    Thanks for replying.
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    (Original post by methewthomson)
    Thanks for replying.
    oh and the best way to know if acca or aca is for you is to get some work experience and talk to qualified or part qualified accountants.

    Also have a look at the syllabus online - should be easily be able to find out what the exams entail by looking at some past papers.
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    (Original post by rock_climber86)
    acca is professional exams. even after bsc accounting u need acca to get anywhere. anyone with any degree can do acca without doing a bsc in accounting. I am pretty sure bsc acccounting gives you some acca exemptions but not enough to merit doing an accounting degree (unless you genuinely love accounting)

    Personally i studied geophysics at uni and learnt about volcanoes and earthquakes. I have no motivation or interest in accounting though i did some research around that career path. If you are strong at maths then actuarial science is a better paid and more interesting option which i also researched
    Did the volcanoes teach you that? Average partner salary in a big 4 for accountants - 700k. That's average, not top, average. How many FDs making millions? How many CEOs from accounting backgrounds? As for being more interesting, thats a matter of opinion. You already expressed you have no interest in accounting, so evidently your view is likely to be poorly informed (as further demonstrated by looking at past papers as a method to learn about accountancy qualifications).

    *rant over *
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    (Original post by methewthomson)
    Hello,

    What sort of job can one person get if they have ACCA qualification? Why do people choose it over something like a B.Sc. in accounting?

    What is the next respective qualification after an ACCA?

    How do you know if ACCA is right for you?

    Thanks for reading.
    1) It's a relativel broad qualification. You can look to work in practice (audit / tax etc), industry (financial accountant / management accountant sort of roles), or just take the knowledge gained and move in to an entirely different field. Some people also head towards finance roles (banks etc).

    2) There isn't exactly a follow on qualification (I presume you mean like a masters follows a bachelors). However you can of course perform further study in order to specialise etc. An MBA for example will likely improve your prospects in certain fields.

    3) Research, lots of research! It's a difficult path, make sure you know what is involved!
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    (Original post by M1011)
    1) It's a relativel broad qualification.
    :eek: you made a spelling mistake! Or a typo! OMG!

    ACCA is definitely hard. You need to do a lot of homework to pass. And the pass rate is horrible!

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    (Original post by StUdEnTIGCSE)
    :eek: you made a spelling mistake! Or a typo! OMG!

    ACCA is definitely hard. You need to do a lot of homework to pass. And the pass rate is horrible!

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    Hardly. Majority of that is because of the ease of access to the qualification. Exams/registration is (relatively) cheap and requirements are lower than other more prestigious qualifications. This allows thousands of people to sign up and "have a go" with no intention of taking it seriously.
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    (Original post by Tokyoround)
    Hardly. Majority of that is because of the ease of access to the qualification. Exams/registration is (relatively) cheap and requirements are lower than other more prestigious qualifications. This allows thousands of people to sign up and "have a go" with no intention of taking it seriously.
    not to mention a lot of the people that do it are absolute morons! Like in my school all the dumb kids wanted to be accountants and make loads of money whereas the smarter kids have ended up doing stuff like working for charities, banks, doctors, lawyers etc etc. You don't need much in terms of brains to do an ACCA as the maths is simple. GCSE at most.

    An old friend of mine is doing ACCA with a history degree and no a-level in maths. He says it's easy but boring and is now looking for a career change. I could go into this but the idea of becoming an accountant sounds so boring I'm not going anywhere near it! And i've had a friend who dropped out of actuarial tell me the same about actuarial so avoiding that too!
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    (Original post by Tokyoround)
    Hardly. Majority of that is because of the ease of access to the qualification. Exams/registration is (relatively) cheap and requirements are lower than other more prestigious qualifications. This allows thousands of people to sign up and "have a go" with no intention of taking it seriously.
    (Original post by rock_climber86)
    not to mention a lot of the people that do it are absolute morons! Like in my school all the dumb kids wanted to be accountants and make loads of money whereas the smarter kids have ended up doing stuff like working for charities, banks, doctors, lawyers etc etc. You don't need much in terms of brains to do an ACCA as the maths is simple. GCSE at most.
    Are you guys saying that the ACCA qualification is not so prestigious?
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    (Original post by Putch1)
    Are you guys saying that the ACCA qualification is not so prestigious?
    I've heard ACA is more prestigious and more internationally recognised than ACCA.
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    (Original post by Putch1)
    Are you guys saying that the ACCA qualification is not so prestigious?
    Depends what you want to do/where you want to go tbh.
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    (Original post by StUdEnTIGCSE)
    :eek: you made a spelling mistake! Or a typo! OMG!

    ACCA is definitely hard. You need to do a lot of homework to pass. And the pass rate is horrible!
    The ACCA isn't harder, the pass rate is lower because of the lack of barriers to entry. It's difficult to get on an ACA contract.

    (Original post by rock_climber86)
    not to mention a lot of the people that do it are absolute morons! Like in my school all the dumb kids wanted to be accountants and make loads of money whereas the smarter kids have ended up doing stuff like working for charities, banks, doctors, lawyers etc etc. You don't need much in terms of brains to do an ACCA as the maths is simple. GCSE at most.

    An old friend of mine is doing ACCA with a history degree and no a-level in maths. He says it's easy but boring and is now looking for a career change. I could go into this but the idea of becoming an accountant sounds so boring I'm not going anywhere near it! And i've had a friend who dropped out of actuarial tell me the same about actuarial so avoiding that too!
    You're saying accounts aren't smart? You sound a bit clueless to be honest. I wonder how you'd cope with something like the ACCA... May I ask what it is that you do?
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    (Original post by M1011)

    You're saying accounts aren't smart? You sound a bit clueless to be honest. I wonder how you'd cope with something like the ACCA... May I ask what it is that you do?
    Accountancy is a piece of piss...wouldn't go near it if i was paid to (too boring). I volunteer at a london sports charity tutoring maths. Trying to figure out what I really want to do with life (definitely not accountancy though).
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    (Original post by rock_climber86)
    Accountancy is a piece of piss...wouldn't go near it if i was paid to (too boring). I volunteer at a london sports charity tutoring maths. Trying to figure out what I really want to do with life (definitely not accountancy though).
    What makes you say that?
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    (Original post by Tactical Nuclear Penguin)
    What makes you say that?
    Say what? Just voicing my opinion - everyone is entitled to their own
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    (Original post by M1011)
    Did the volcanoes teach you that? Average partner salary in a big 4 for accountants - 700k. That's average, not top, average. How many FDs making millions? How many CEOs from accounting backgrounds? As for being more interesting, thats a matter of opinion. You already expressed you have no interest in accounting, so evidently your view is likely to be poorly informed (as further demonstrated by looking at past papers as a method to learn about accountancy qualifications).

    *rant over *
    Haha something I never understood, why so people want to become actuaries as I thought it was overrated.
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    (Original post by rock_climber86)
    Say what? Just voicing my opinion - everyone is entitled to their own
    Saying accountancy is easy?
 
 
 
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