HOW TO BECOME AN ICAEW CHARTERED ACCOUNTANT Take
HOW TO BECOME AN ICAEW CHARTERED ACCOUNTANT Take your first step towards a highly rewarding career in accountancy, finance and business BUSINESS WITH CONFIDENCE icaew. com/careers
ICAEW is a professional membership organisation, supporting over 138, 000 chartered accountants around the world. BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
What’s an ICAEW Chartered Accountant and what do they do? BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
ICAEW Chartered Accountants… • are high achievers in accountancy, finance and business • are professionally qualified with ‘chartered’ status • are respected for their valuable business advice BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
It’s much more than numbers… • … lots of people interaction • … don’t just sit at a desk • … lots of opportunity to be creative • … can work in a variety of different sectors and businesses • … have the opportunity to travel BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Where do we work? Industry Not for profit Practice BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Not for profit / public sector • Organisations which operate for a charitable, humanitarian, or educational purpose. – Government department – Charity – Not for Profit BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Financial services • Includes a variety of organisations – not just banks – – – Banking Finance Insurance Investments Wealth management Mergers and acquisitions BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Business • Work for any business • Different sizes, different sectors, different countries – – Internal Audit Risk/ Control Management Accountant Finance Director BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Practice • Firms of chartered accountants – Large – Big 4 – Medium – Top 20 – Small – Less than ten partners – Smaller high street firms, one or two partners… BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Whatever your aspirations ü A professional qualification ü Being challenged and stretched at work ü Job security ü Joining a student network ü Early responsibility ü Opportunity for rapid promotion ü Client and customer contact from the start ü Working with senior managers and executives BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Become an ICAEW Chartered Accountant BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
HOW TO BECOME AN ICAEW CHARTERED ACCOUNTANT The ACA Qualification BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
HOW BECOME AN ICAEW CHARTERED ACCOUNTANT How it TO works BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
What you actually do BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Professional development You’ll develop your ability and performance in seven key e co m am Te ch ni ca l Te pe te nc ng w or so l m bl e Pr o ki vi ak in m on si ec i D ng g at io n er on si d C m C om Ad d in g un ic va lu at io e n areas: BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Ethics and professional scepticism Ethics is more than just knowing the rules about confidentiality, integrity, objectivity and independence… …you’ll learn how to identify an ethical dilemma, understand the implications and behave appropriately. BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
YEARSpractical PRACTICALwork WORKexperience EXPERIENCE 3 -53 -5 years On-the-job training of 450 days puts theory into practice…. …and you gain experience in one, or more, of the following: Accounting Audit and assurance BUSINESS WITH CONFIDENCE © ICAEW 2012 Financial management Information technology Insolvency Taxation icaew. com/careers
15 accountancy, finance and business modules Case Study ADVANCED LEVEL PROFESSIONAL LEVEL CERTIFICATE LEVEL Corporate Reporting Strategic Business Management Business Planning: Taxation Business Strategy Audit and Assurance Financial Accounting and Reporting Accounting BUSINESS WITH CONFIDENCE © ICAEW 2012 Assurance Business and Finance Financial Management Law Tax Compliance Management Information Principles of Taxation icaew. com/careers
Did you know? You can do the ACA after A-levels You don’t need a degree study any A-levels You There 41%can ofisour qualify more do trainees thethan ACA bya the one are after age route female A-levels ofyou 21 to want the ACA do not need degree There is more than one route to the ACA You can study any A-levels you want 38% of our ACA students are female You can qualify by the age of 21 You will earn a competitive salary as you train BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
What are the ACAdemic requirements? First or 2: 1 degree Minimum 300 UCAS points 2 A 2 levels (or equivalent) 3 GCSEs grades A-C including Maths and English BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Entry routes to the ACA • School leaver • Higher Apprenticeship • ICAEWs Certificate in Finance Accountancy and Business • AAT-ACA Fast Track • Graduate • Strategic university degree programme BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Do you want to go straight from school? BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
School leaver programmes • • • Ernst and Young BDO Deloitte Pw. C KPMG and many more…… • Via Higher Apprenticeship or AAT BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Higher Apprenticeship in Assurance/Audit • Developed in consultation with employers • Combination of on and off the job learning • Develop technical skills, business skills and wider competencies • Counts as an entry route to the ACA • Earn while you learn BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Do you want to do the AAT? BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
About the AAT-ACA Fast Track • Developed in partnership with the AAT • AAT can be taken as an accountancy apprenticeship • Knowledge, skills or experience gained can count towards your ACA training agreement • An integrated approach • Can take as little as four years! BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
How does the AAT-ACA Fast Track work? Working for an ICAEW authorised training employer during the AAT Technician stage AAT Diploma Level 3 AAT Diploma Level 4 ACA Professional Level ACA Advanced Level Practical work experience year one Practical work experience year two Practical work experience year three BUSINESS WITH CONFIDENCE © ICAEW 2012 Not working for an ICAEW authorised training employer during the AAT Technician stage Final year of training agreement icaew. com/careers
ACA exam structure Case Study ADVANCED LEVEL PROFESSIONAL LEVEL CERTIFICATE LEVEL Corporate Reporting Strategic Business Management Business Planning: Taxation Business Strategy Audit and Assurance Financial Accounting and Reporting Accounting BUSINESS WITH CONFIDENCE © ICAEW 2012 Assurance Business and Finance Financial Management Law Tax Compliance Management Information Principles of Taxation icaew. com/careers
Do you want to go to university? BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
What degree do you need? BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
So let’s recap…… • • a successful and rewarding career the qualification for those with ambition an integrated approach a range of entry routes BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
What else do you need to know? BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
What do employers want from your application? The right qualifications relevant to the role Don’t copy and paste Do your research Check your spelling Use formal language and grammar Use real-life examples Attach a relevant and short CV Quality not quantity Include external interests BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Next steps… 1 2 3 4 Choose how you are going to get there… Find an authorised training employer… Complete your training for the ACA qualification… Become an ICAEW Chartered Accountant… BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Find out more… ACAdemy@icaew. com BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
Find a training vacancy • Published 3 times per year • Online – full time ACA vacancies and internships • Upload your CV • Manage your own profile • Receive regular updates • Searched by employers BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
facebook. com/icaewstartingpoint BUSINESS WITH CONFIDENCE © ICAEW 2012 icaew. com/careers
A world leader of the accountancy and finance profession BUSINESS WITH CONFIDENCE icaew. com/careers
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