Thursday, March 28, 2013

Book keeper or chartered accountant?

Book keeper or chartered accountant?
Good evening all, i have the choice of going on to study chartered accountancy with my current firm or becoming self employed and being a book keeper from home. I live in Kent, UK. Any advice? I'm really not sure which way to go.
Other - Taxes - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You could make a comfortable living now as a self-employed bookkeeper or you could be disgustingly rich in the future as a Chartered Accountant. It's your choice.
Answer 2 :
I would recommend C.A. It is very respected career and there are a lot of firms so easy to find a job. Plus the salary is more.
Answer 3 :
Go for the chartered accountancy it will pay better in the long run and is a better qualification
Answer 4 :
I would stay on in that firm until you are officially a charterd accountant. Then if you want you can leave and become self-employed. It's my guess that a self employed chartered accountant would make more then just a self-employed book keeper. Quick question, was the accountancy course in collage difficult or is it ok? Just want to know because it's what I am hoping to do to (work in KPMG). Thanks in advance.
Answer 5 :
It may seem like a dumb choice, given your career. However the choice appears to be this. If you have integrity and want to make a decent living, but are willing to work really hard for potentially less then you are worth - Book keeping is the way forward. If you don't mind who you screw over and your priority is to make as much money as possible off the backs of others - Then C.A is the way forward!
Answer 6 :
it's not even a choice!
Answer 7 :
I'm an accountant and I think Waggy has it exactly right. Qualifying as an accountant involves learning about a much wider range of subjects that being a bookkeeper. You need to consider how much effort you are prepared to put in and what you want to achieve. Bookkeeping can be very satisfying but you will probably not get the chance to rip your clients off, - I'm sorry, I mean charge a higher rate that accountancy services can command. Personally I love being self employed and working from home. I would find it soul destroying to be an employee again. But for the last 25 years I could have at least doubled my earnings if I had chosen the employee route. What are your priorities?

Read more other entries :