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Post Info TOPIC: become ICB to continue with ACCA


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become ICB to continue with ACCA
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Morning Neil,

think that we came to similar conclusions there from slightly different angles.

I may have had a bit of a senior moment in my reply as I always tend to factor into the answers that the person may not have the relevant experience to be able to move to MIP but of course in this instance Stu is working full time doing bookkeeping for his employer so there's no worries and no need to think about IAB or IFA as a backup as he can do everything under his existing banner... Doh.

Can fully appreciate his ACCA frustrations though. I know exactly what its like to get that email notification and scrole down the live mail viewing pane one pixel at a time only for your heart to sink... Or indeed plummet when the percentage says 49%.

Been there a couple of times myself... That mark is just damn cruel espechially considering the PQ article about when 50% is not 50% when too many people are passing so the pass mark is adjusted to keep the sittings intake of new affiliates steady.

Thats real bad when you think that one year someone scoring 44% might be bumped up to 50% where the following year someone scoring 56% might be bumped down to 49%.

On the bright side though, they do have the right idea in that the last thing that any professional body wants to do is flood the market with qualified members as that just causes a downward pressure on salaries.

all the best matey,

Shaun.



-- Edited by Shamus on Thursday 10th of October 2013 10:35:59 AM

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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Hi,

 

When I completed the AAT my ambition was to just working for a small to medium sized company doing the whole bookkeeping function, which is was I really enjoyed about the AAT..

 

I am currently studying ACCA and am really not enjoying it, I passed all AAT exams first time but seem to only pass ACCA on my 2nd or 3rd attempt (and its becoming costly)..

I currently work for a baby food brand, managing the AR ledger along with a lot of other responsibilities, so I have a good job and its a fantastic company.

IF you were in my situation what would you do?

1. carry on struggling through ACCA- would be with it in the end (not sure I can cope with the stress, its making me quite ill, Diabetic (thought id mention)

 

2. register to be come a certified book keeper, as I have all the experience (bar Payroll) to become a bookkeeper (its mainly all I do now)

All your thoughts would be greatly appreciated.

 

Thanks guys

Stu



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If you are AAT Qualified with experience why don't you apply for MIP status with AAT and gain an AAT practice certificate?

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Personal view would be to stick with the ACCA and identify why you are having issues in exams.

ACCA should open more doors with your existing employer and other employers.

ICB is geared towards self employment.

Why even think of ICB when you already have AAT?

If you are thinking of stepping down ACCA then as an AAT affiliate you would only need to register with HMRC in order to trade.

If you want a professional body then IAB would consider your AAT and ACCA status for exeemptions.

Also consider the IFA which has close links to the IAB which would also give you exemptions based on your existing studies.

Considering your history personally I can see absolutely no reason to be looking at ICB.

On a totally seperate note please post which ACCA paper you are on, which one's you have struggled with, do you feel that your issue is time on the day? preparation? misunderstanding questions?

Each ACCA paper requires slightly different approaches to study.

Sure that we can improve your ACCA performance with a bit of nudging towards the right sort of study for the specific paper,

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.

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