No matter the economic climate, jobs in accountancy have always been stable and can be a great career choice for those who have a knack with numbers and a good eye for detail. Here, we are going to break down the key steps to pursuing a career in accountancy.
ICAEW stands for the Institute of Chartered Accountants in England and Wales. But the organisation also stands for delivering unrivalled training, a globally recognised qualification and ongoing professional development. Out of the many benefits of being an ICAEW Chartered Accountant, here are a few reasons why you should become a chartered accountant:
Take your career into any industry around the world – 96 of the world’s 100 global leading brands employ ICAEW Chartered Accountants.
The ACA qualification is globally recognised meaning that you can work anywhere in the world without having to take country specific exams to work there. Also, many accountancy firms have international offices and the nature of the job means that you can have the chance to either work with clients from all over the world or even relocate to other international offices.
Community & Support
You’ll be supported by our global network of over 157,000 members and over 30,000 students.
ACA students have a high first-time pass rate of 80%, driven by quality learning, teaching and support.
Whether you are a graduate or a school leaver, there are endless opportunities to get training and support in order for you to become an accountant. A lot of companies offer graduate schemes and apprenticeships. Here, you gain valuable work experience and progress in the industry whilst getting paid and being fully supported to study and complete your qualifications.
Leadership Potential & Progression
The ACA prepares you for leadership right up to board level. That’s why 77 of the FTSE 100 companies have an ICAEW Chartered Accountant on their board.
90% of all ACA students qualify in four years or less, meaning fewer resits and faster career progression.
Depending on the skills you have and your expertise, salaries as an accountant are great with earning potential rising as you develop more skills or even specialist in certain areas. Starting salaries as an accountant can start from £18,000 as a trainee and rise to £75,000 as a qualified accountant.
With a career in accountancy, there’s no shortage of the different types of opportunities available as you grow in your career. If you always wanted to work in fashion for example, you are able to do so in the finance department and that can vary from working for small start-ups to large corporations. You can also even start your own accountancy firm once you have the relevant contacts and expertise.
Another great aspect of being an accountant is that anyone can train to pursue this career as long as you have an interest in maths and have the relevant skills and determination to work hard in order to do so. Accountancy isn’t just for economics or accounting graduates; school leavers and graduates from all degree backgrounds such as business or politics can also train to become an accountant.
Chartered Accountancy with ICAEW is a dynamic and rewarding career. 90% of students qualify as ICAEW Chartered Accountants within four years or less. Once qualified, students will join a prestigious network of over 200,000 ICAEW members, gaining industry insight, support and advice throughout their career.