Accounting Salary

www.reed.co.uk

look it up in accountacy section for various job postings.

Reply 2

President_Ben

15

Reed is pretty rubbish for grad stuff and 'top of the line'.

Grads in London are on about 25k for most areas. Outside, more like 21k/22k?

The best are in the lowish 7 figure bracket, but the vast majority of partners I ever saw go through a screening were on the 6 figure mark and usually in the lower half of that (be they Big 4 or not).

To become a CA, you have to take the exams/get qualified. Read the websites of the awarding bodies.

Reply 3

efinancials do a good publication on "careers in accounting and finance" which explains everything the OP has queried. I think there is an online pdf version floating about somewhere...try their website.

Reply 4

TheAsianProdigy

efinancials do a good publication on "careers in accounting and finance" which explains everything the OP has queried. I think there is an online pdf version floating about somewhere...try their website.

I always thought the accounting stuff they did was always done as an after thought, they concentrated mostly on IBs, with a section on hedge funds. Anyone know if there will be a new one this year? I thoroughly enjoyed their publication last year, really useful.

Reply 5

We must be reading different things. They did a separate one on accounting- quite a good read aswell compared to most of the **** flying about.

Reply 6

TheAsianProdigy

We must be reading different things. They did a separate one on accounting- quite a good read aswell compared to most of the **** flying about.

Ah right, I read their one which was just "Finance". Was the accounting one as extortionately priced as this one (£10), luckily a friend had it lying about so I "borrowed" it. :wink:

Reply 7

I got all of them free from my careers service :biggrin:

Reply 8

President_Ben

15

TheAsianProdigy

I got all of them free from my careers service :biggrin:

I do that too. Then I flick through them, laugh at the adverts and use it as a glossy paperweight. I think you'd find the content, pretty near useless.

Reply 9

Roll-The-Dice-And-Win

President_Ben

Reed is pretty rubbish for grad stuff and 'top of the line'..

Nah dude, it aint rubbish if it contains accountancy jobs that requires experience. The OP asked about jobs with experience and reed.co.uk has many accountancy job postings with experience that can give you a general idea of the salary (with yrs of experience) and what employers look for!

So it aint rubbish...

Reply 10

President_Ben

I do that too. Then I flick through them, laugh at the adverts and use it as a glossy paperweight. I think you'd find the content, pretty near useless.

To a beginner, I don't think it would be useless, wasn't for me anyway...*flashbacks of days when "options" and "futures" were words only ever used in careers meetings and "fixed income" meant a steady wage*...

Reply 11

KingsComp

6

rizzyh

What is the typical starting salary for graduates?

What's the highest you can get up to (if you are experienced)

And what do you have to do to become a Chartered Accountant?

Thanks :biggrin:

What is the typical starting salary for graduates?

Depends entirely on the firm, at large firms (Big 4 & group A) its about £25k plus benefits. Whereas in small firms it can be as low as £17k. On average salaries double upon qualification but again that depends from firm to firm.

You must remember that it costs firms almost £20k / year to train you (if you count in courses, exam fees, and lost client charge out time), which is why accountany firms don't have as high starting salaries as some other professions such as consultancies.

What's the highest you can get up to (if you are experienced)

Not sure what you mean here, if your talking about salaries, then again it depends, but if you reach partner then you can expect about £300k on average.

what do you have to do to become a Chartered Accountant?

You have to get a training contract and while on the training contract you have to pass exams and 450 days worth of technical work experience. The ACA exam syllabus has just changed, so you will have to look at the website to find out the different exams, because the exams I am doing will be much different from the next batch of students.

Hope that helps :smile:

Reply 12

President_Ben

I do that too. Then I flick through them, laugh at the adverts and use it as a glossy paperweight. I think you'd find the content, pretty near useless.

As an intro to accounting or whatever, i'd disagree.

Reply 13

President_Ben

15

I meant for you specifically, because your knowledge of the area is probably well in advance of the content there and you can find better sources of info.

Reply 14

*Ridwan*

OP

but if you reach partner then you can expect about £300k on average

Reach partner? :confused:

Reply 15

rizzyh

Reach partner? :confused:

Do some research?

Reply 16

jonny_stevens555

KingsComp

What is the typical starting salary for graduates?

Depends entirely on the firm, at large firms (Big 4 & group A) its about £25k plus benefits. Whereas in small firms it can be as low as £17k. On average salaries double upon qualification but again that depends from firm to firm.

You must remember that it costs firms almost £20k / year to train you (if you count in courses, exam fees, and lost client charge out time), which is why accountany firms don't have as high starting salaries as some other professions such as consultancies.

What's the highest you can get up to (if you are experienced)

Not sure what you mean here, if your talking about salaries, then again it depends, but if you reach partner then you can expect about £300k on average.

what do you have to do to become a Chartered Accountant?

You have to get a training contract and while on the training contract you have to pass exams and 450 days worth of technical work experience. The ACA exam syllabus has just changed, so you will have to look at the website to find out the different exams, because the exams I am doing will be much different from the next batch of students.

Hope that helps :smile:

great post v informative - do you know what these changes in the ACA syllabus are like, and are they good changes or bad changes? Also, in know ACA is the more reknown, but is the ICAS qualification as good in terms of content and how highly it is regarded?

Thanks :smile:

Reply 17

supernova2

rizzyh

Reach partner? :confused:

lol

Reply 18

Inflation

19

Cheers KingsComp :smile:

You know to do accountancy at a firm, can you still do it if you did Economics at uni? Will you be at a dissadvantage to those who done accountancy at uni, and by how much? :smile:

Reply 19

fubu