Tuesday, September 14, 2010

Are you and accountant or accounting technician?

Are you and accountant or accounting technician?
What steps did you take to become them? So far im on... NVQ Level 2 in Accounting then Level 3 then Level 4 which is Accounting Technician.
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
But i'm pretty certain that this is just a foundation (level 4). In order for you to be a qualified accountant, you will need to be certified in either of the following: ICAEW, ACCA, CIMA, ICAS or CIPFA . As an Accounting Technician, you are limited as to the types of jobs you can get. At the moment im in my second year at uni doing Acc & Finance. After completing this i will be eligible for exemptions to 8 or 9 ACCA papers. If all you want to be is an accounting technician, then the NVQ Level 4 is fine, however if you would like to become a chartered/management accountant, then you would have to apply for the ICAEW, ACCA, etc. I have a family member who is an ACCA certified accountant and they took all 15 ACCA papers without any exemptions. The UK govt website states {Starting salaries at foundation and intermediate levels can be around £14,000 to £18,000 a year. Once qualified to technician level, salaries can be up to £25,000.} However, once qualified in any of the ICAEW, ACCA, etc. and working as an auditor then the site states (Part-qualified salaries can be between £18,000 and £25,000 a year. Once qualified, earnings are usually around £30,000 to £45,000. Senior and management salaries can be between £50,000 and £70,000.} Good Luck!

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