how many qualifications do you need to be a accountant? (uk)?
I am currently training towards an NVQ level 2 in business admin that also covers any kill skills such as application of number and creative writing since i dont have any gcse's. I finish in 6 months and i think an accountant would be a good career choice for me since i am very confident with numbers and i like managing money. Would qualifications would i need? after this has finish ill only have 1 free year of education left
Financial Services - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
None you can freelance.
Answer 2 :
I'm currently training in accounting. After an nvq, you would do an aaq qualification which if you do at college would take two or three years then you would go for acca which is another couple of years. I'm taking aaq distance learning, level two and three which should take me one year then another couple of years of acca qualifications. Accounting isnt quick, but its fairly easy and not expensive compared to other careers
Answer 3 :
The answer from Gemzee is very good, but don't forget that there is another type of accountancy, called CIMA. That is the Chartered Institute of Management Accountants. ACCA accountants tend to be auditors. In other words they check what an accounts department has done and try to find any mistakes before agreeing the accounts are correct for publication after each company's "year end". Whereas a CIMA works in the company and prepares management accounts to help and guide the managers while they are running their departments within the company. A management accountant helps managers to decide which products to make, and calculates the production costs etc. He/she can be a "trouble shooter" helping managers to streamline production processes, helping to find alternative suppliers or materials that can bring the cost price down and help make your products cheaper to produce, thus maximising the company's profit. What you are doing is going on the right course, you just have to decide which type of accountant you want to be. Both require good numeracy and accuracy. Both pay well and qualifications, just make sure you get in to the side that will provide you with the more interesting role. Good luck.
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