Chartered Accountancy: How to get started

Got a head for numbers? A career in Certified Chartered Accountancy could be for you…

Whether you’re already working as an Accountant, or you’re looking to start from scratch – a career in Certified Chartered Accountancy is a great way to improve your career prospects. Not only will you have the opportunity to learn a variety of principles, you’ll also gain practical work experience.

We spoke to the experts at AVADO, one of the UK’s largest providers of professional qualifications, to find out some of their top tips on how to start a career in Certified Chartered Accountancy:

 

What is Certified Chartered Accountancy?

Certified Chartered Accountancy is a lucrative field of work, made up of people who have undertaken a specified level of specialist training.

This level of experience makes members qualified to do a range of expert tasks and activities.

They work in a variety of business and finance sectors, from audit and taxation to financial and general management, and focus on providing accurate financial records to organisations, through the preparation, reviewing, and analysis of company accounts.

The best part? They’re in demand.

 

What’s the difference between a Certified Chartered Accountant, a Chartered Accountant, and an Accountant?

Both a Certified Chartered Accountant and a Chartered Accountant has carried out more professional training than an Accountant, making them able to find work in a wider variety of fields.

Aside from having carried out a certain amount of work experience, training, and exams – chartered specialists also abide by the code of ethics set by their institute, as well as carry out continuous professional development (CPD) once qualified.

Overall, the difference between Certified Chartered and Chartered status is minor, and both are highly respected and recognised titles in the world of accountancy.

Each have the same level of experience, but Chartered Accountants had to secure a training contract with a company in order to study, whilst Certified Chartered Accountants were able to start learning anytime.

 

Why become a Certified Chartered Accountant?

Becoming a Certified Chartered Accountant opens up a wide variety of career prospects, giving you the skills to set yourself apart from other accountancy professionals.

Here are a few of the key benefits of becoming a Certified Chartered Accountant:

  • You’ll be highly respected.
  • You’ll have more career options
  • You’ll be able to earn more
  • You’ll always be learning

 

What accounting bodies can give me Certified Chartered Accountant status?

A Chartered Certified Accountant must be a member of the below body:

  • The Association of Chartered Certified Accountants (designated letters ACCA or FCCA)

 

What skills do I need to become a Certified Chartered Accountant?

Combined with the relevant qualifications and experience, Certified Chartered Accountants will need to have:

  • Analytical abilities
  • Financial acumen
  • An understanding of accounting principles
  • Excellent problem solving skills
  • Good organisational skills
  • A close attention to detail
  • An ability to work under pressure

 

How can I become a Certified Chartered Accountant?

You don’t necessarily need a degree to become a Certified Chartered Accountant, as most of your learning is completed when you study for Certified Chartered Accountancy membership.

However, an interest in the subject is absolutely essential.

To become a Certified Chartered Accountant, you’ll need to take a course that’s accredited by a registered accounting body such as the ACCA.

 

Why study with AVADO?

AVADO is the largest training provider for professional qualifications in the UK with an active community of over 20,000 students studying to secure their next promotion, a higher salary or to take their career in a new direction.

As a Gold Approved Learning provider of ACCA courses, AVADO offer a range of award-winning ACCA courses, all 100% online so you can study at your own pace around work and life commitments. Not only are all courses taught by expert tutors, but they also have a 95% pass rate* on their ACCA courses.

Other benefits of studying with AVADO include:

  • Live classes and support from expert tutors via email, phone and online
  • All courses are internationally recognised professional qualifications
  • Personal and dedicated support from our specialist tutors
  • Multiple finance options and interest free finance plans*
  • Interact with Tutors and 65,000 other students through our secure online Virtual Learning Community
  • The flexibility to learn from home in your own time and at your own pace
  • The freedom to continue earning while you learn

 

 

Find out more

 

*Based on results from the ACCA F1 paper at the March 2017 sitting

 

Want to learn more about how a qualification could help your career? Enquire now.

 

avadoAVADO is the largest online provider of professional qualifications in the UK, with courses available in HR, Accountancy, Bookkeeping, Business and more.