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Post Info TOPIC: Want to re start studies But confused???


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Want to re start studies But confused???
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Hi all

I started in accounts as an office junior and have had various finance assistant jobs over the past ten years. During which time I have studied CIMA. I have completed around half the qualification however I took a break from my studies and career progression to have children 

 

I now have a part time job locally as a finance manager processing supplier payment, vat and payroll etc for a doctors practice. i do not want to change my job howevre due to the small size of the business i would be unable to complete CIMA there. the qualification is also not really relieve there either

 

I have been looking at ICB or IAB but I am confused what would be for the best. Any advise would be gratefully received 



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Hi Elsie,

Look at either AAT or ACCA.

I believe that AAT would be more than what you need for now. I only mention ACCA due to you coming to the table from CIMA so may very quickly find AAT below your knowledge base.

ACCA is only an issue if you want to offer accounting services on your own as they have something called regulation 8 which only allows tyou to work as a bookkeeper (books to trial balance, VAT and Payroll) unless you are under the direct supervision of an adequately qualified professional accountant.

That aside, if you want to continue as a bookkeeper for the doctors practice whilst training in accountancy then ACCA may be perfect for you (plus you may get some exemptions for your prior CIMA studies).

If you want to offer accounting services to clients on the side then AAT may be a better option for you (I would imagine that you should be able to get through the skills check and start at level III. If you feel a bit rusty work your way trough the BPP revision text for AAT units 1-4 (takes less than a weekend) before you sit the test).

HTH,

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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