Another new wannabe bookeeper here. I've been reading the various posts on this site with interest and I have to say that everyone looks to be friendly as well as informative.
My question is not new, but still I would appreciate your feedback. I'm soon to be made redundant and I am considering re-training to become a bookeeper and hopefully start up my own business. I come from a Financial Services background ( FPC qualified adviser) but am very comfortable working with figures. I'm currently reading and working my way through 'Mastering Accounting Skills' by Margaret Nicholson and seem to be keeping up with this ok.
Anyway I want to start a formal qualification and have been thinking IAB or AAT route, however whilst ultimately I would see myself being my own boss in the future, I appreciate that I will need to gain hands on experience as well, hence my dilemma over which qualification is best suited?
As has been said ad infinitum, if you want to be self employed then IAB or ICB are the way to go as once you become a Member in Practice you are covered for money laundering regulations. Neither organisation, however, is recognised or asked for by employers. Therefore, if you want to get an employed job with either a company or a firm of accountants then AAT is the best option. Margaret Nicholson's book is a good one, she is very knowlegeable and is the chief examiner for an awarding body for whom I used to be an examiner moderator.