Apart from accounting, these professionals need to have a thorough understanding of finance and business. They should also be flexible so that their services match those of their clients or employers.
When we are talking about the entire field, we should use the word accountancy. Accountancy includes auditing, bookkeeping, and accounting. Of the three principles of accountancy, accounting is one , the other two are bookkeeping and auditing. What is a chartered accountant? Definition and examples A chartered accountant is the most highly qualified accountancy professional in many countries across the world.
During this time you will build up experience and take on additional responsibilities, including supervising junior staff and liaising more directly with clients. It may be possible to complete a secondment, where you'd spend time in another area of the practice to broaden your experience, or even work for a period overseas. You would usually remain with the same employer throughout the training contract.
Progression is often structured and opportunities for development and promotion are plentiful. You may become a manager two years after qualification and a senior manager three years after that. Progress to partnership is competitive but is achievable between eight and 15 years after qualification.
In small firms, progression may be more rapid. It's possible to attain the position of finance director of a major company within 10 to 15 years of qualification. After training, around half of all qualified chartered accountants work outside public practice, in commerce, industry, financial services, banking and the public and not-for-profit sector. Typical roles at the newly qualified stage include internal auditor, financial accountant and business analyst.
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Job sectors Apprenticeships Working abroad Gap year Self-employment. Search postgraduate courses Funding postgraduate study Universities and departments Study abroad Conversion courses Law qualifications. What can I do with my degree? Getting a job CVs and cover letters. Applying for jobs Interview tips Open days and events. Choosing a course Getting into university Student loans and finance. University life Changing or leaving your course Alternatives to university.
Log in Register. Getting a job CVs and cover letters Applying for jobs Interview tips Open days and events Applying for university Choosing a course Getting into university Student loans and finance University life Changing or leaving your course Alternatives to university Post a job. View all accountancy, banking and finance vacancies. Add to favourites. Chartered accountancy offers a prestigious career with lots of opportunity for progression and high earning potential As a chartered accountant you'll give advice, audit accounts and provide trustworthy information about financial records.
Salary Starting salaries for accountants vary depending on the location, sector, size and type of firm. Working hours Working hours vary depending on the role and the organisation, but typically aren't 9am to 5pm. What to expect Jobs are available in most areas throughout the UK but are more commonly found in cities and larger towns, where higher salaries are typically earned. Post-qualification opportunities exist overseas.
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