Would You Like To Work At An Accountants And Auditors?

As you head towards the end of your school years you have to consider which career path to take. You might want to work as a vehicle mechanic, in the medical profession, as a florist, a lawyer, or would you like to work at an accountants and auditors?

Alternatively, maybe you’re already employed and looking for a change of direction. Whatever the reason, you will find it’s a fulfilling and rewarding career, especially when you let someone know their tax liability is lower than they expected, or help to make their business a success. You will become a solver of business problems, helping to put companies on the right path.

If you want to look at the possibility of working at an accountants and auditors, you need to know how to become a chartered accountant.

Route 1 – Training Contract

This is the most popular route to becoming a Chartered Accountant. Often, when a student decides this is the way forward for them they are employed by accountants and auditors. They stay with the company for the duration of their training, depending on what standard of education they already have. For instance:

• The contract is usually three years 6 months for a graduate
• For students with a masters or postgraduates the training usually lasts three years
• If you have an Accounting Technician qualification, the contract will be for four years

Accountants and auditors of all sizes offer contracts to trainees. There are definite benefits when taking this route, such as all education and exam fees usually being paid by the accountants and auditors that have employed you.

They will allow you time off work to revise for your exams, and to actually sit them. You will be mentored by experienced charted accountants and auditors who will be able to sign-off your training experience.

You will get a good practical foundation of skills in everything to do with the accounting side of running a business, such as bookkeeping services, PAYE, and VAT. You will learn how to deal with clients and communicate effectively, so you and they can be certain the right information is being given and received.

You will also be taught how useful management accounts can be to clients, and how to prepare them.

Route 2 – Flexible Route

Not all students entering the profession work at accountants and auditors. Chartered Accountants often hold top positions in other businesses.  The Flexible Route allows you to stay in your current job and study to suit yourself. You do need to gain some relevant experience in accountancy as part of your training, and if you’re already employed in the financial world that can be a huge advantage.

Your qualification will be exactly the same as someone who took the Training Contract Route. You will study the same subjects, but the academic and training experience do not have to take place at the same time. You have the choice of taking all the years exams together, or spreading them out over different sittings.

The relevant experience periods are exactly the same as for the Contract route, so this way can take longer, but for some people the flexibility makes it the best way. Prior professional experience can be taken into account to reduce the relevant experience period, but only to a maximum of 18 months.

You may have covered some of the course work as part of a degree you have already completed. If this is the case there is the possibility of using that towards your training, so reducing the number of exams you have to take. It does not matter if your degree is accredited or not, as long as you have the relevant paperwork and information, an exemption will be considered.

Your mentor has to be a recognised qualified accountant, and you have eight years to complete the exams and experience requirements.

What Happens When You’re A Qualified Chartered Accountant?

Once you have qualified there will be a whole range of career paths open to you. If you change your mind about working in an accountants and auditors you could work in business, finance or industry. In fact it’s estimated only 35% of Chartered Accountants (CAs) in Ireland work in practice.

CAs are considered to be some of Irelands leading business professionals because of the guidance they can offer across a whole range of business sectors. Their training gives them an ability to analyse multiple business problems, and to come up with solutions.

The Irish CA qualification is recognised globally and means those that qualify can work in any part of the world, in almost any business they choose. Some will start their own practice while others will be the finance director of a multinational corporation. Whatever your aim is, your CA qualification will be a big stepping-stone to achieving it, and earning this recognition could be the smartest move you make.

Working At An Accountants And Auditors

If you decide you want to work at an accountants and auditors, you need to know the firm you will be employed by are reliable and trustworthy and have a reputation of being one of the best in Dublin.

Kane Bergin & Company clients know they are getting the best service around for bookkeeping, tax consultancy, managements accounts, year end accounts, PAYE, VAT, corporation tax, and all other accounting services associated with their business. Our clients know that at Kane Bergin & Company we will deal with Revenue, Companies Registration Office, and any other officialdom as and when needed.

They are friendly and helpful, which as many people are frightened of anything to do with accounts, puts new clients at ease straight away. They even make it easy to get in touch or arrange to see them. It just takes one phone call to 01 969 6306, or by completing the contact form on our website.