Practice or Industry

nc82

Hi folks,

Just wondering what peoples thoughts are on difference between working in industry and practice? I am aware that it is quite different my manager (formerly in practice says its boring) my lecturer at college while studying aat droned on about how people would usually leave practice and go into industry but not the other way but I'm intrigued.

I have spotted a vacancy working as accounts assistant producing accounts upto trial balance and I think experience would be invaluable and provide me with opportunity to progress with study and otherwise and give me opportunity to apply what I have learnt, training is offered if required so it sounds really good currently I am an accounts assistant in industry recently qualified disgruntled at work, with people, salary etc so very tempted.

Your thoughts as always much appreciated.

Rinske

If it is what you would like, go for it!

The boring part depends totally on what you think is boring, some say industry is boring as you only work on one company, some say practice is boring, because you constantly do the same type of work for different companies. Both sides will strongly depend on the work you do and what you find interesting.

Most people don't go from industry to practice, because of the pay, which is something you will need to see on what the offer is for. Industry is often higher paid, although again, a lot depends on the level of work that you do and the company you work for.

If you are disgruntled already, why not send in your resume and see what happens? You have nothing to loose, other than some time spent going to an interview.

*Jo

That job sounds like one I saw in the Express and Star/Mail last night.

I work in Industry and love it. The advantage of practice to me would be the fact you gain experience to maybe run your own practice one day.

Personally I enjoy working for a company but as my company is smallish I get alot of variation each day.

Go for the job, if you don't like the sound of it at interview or when offered you can always decline the offer and stay put. Seems like you have nothing to lose to me

nc82

*Jo wrote: »

That job sounds like one I saw in the Express and Star/Mail last night.

I work in Industry and love it. The advantage of practice to me would be the fact you gain experience to maybe run your own practice one day.

Personally I enjoy working for a company but as my company is smallish I get alot of variation each day.

Go for the job, if you don't like the sound of it at interview or when offered you can always decline the offer and stay put. Seems like you have nothing to lose to me

Thanks for your comments, it was advertised in the black country mail, and i guess i have nothing to lose after day i have had its all systems go!

nc82

Rinske wrote: »

If it is what you would like, go for it!

The boring part depends totally on what you think is boring, some say industry is boring as you only work on one company, some say practice is boring, because you constantly do the same type of work for different companies. Both sides will strongly depend on the work you do and what you find interesting.

Most people don't go from industry to practice, because of the pay, which is something you will need to see on what the offer is for. Industry is often higher paid, although again, a lot depends on the level of work that you do and the company you work for.

If you are disgruntled already, why not send in your resume and see what happens? You have nothing to loose, other than some time spent going to an interview.

Thanks for your comments the feelers are going out :-)

blobbyh

If you think only hanging around a bunch of other accountants at the staff Christmas party sounds like your idea of fun, go for a job in practice...

A-Vic

blobbyh wrote: »

If you think only hanging around a bunch of other accountants at the staff Christmas party sounds like your idea of fun, go for a job in practice...

Now ive moved from practice to industry there is a hell of a difference that i can say

Raging Pineapples

I work in industry, and personally found the key is to choose a small company to work for.

Under these circumstances, there's a wide variety of work for you to get your teeth into, especially with a good knowledge of Excel and (in time) your fully qualified MAAT behind you.

I've found in construction I've been given the chance to brush up on VAT in the Construction Industry, which is an absolutely fascinating subject. I'm really enjoying it at the moment!

If you go for a larger firm then there's a real risk that you'll be stuck on Purchase Ledger until you die, lol.

A-Vic

has anyone ever worked for balfour beatty what are they like to work for?

nc82

Raging Pineapples wrote: »

I work in industry, and personally found the key is to choose a small company to work for.

Under these circumstances, there's a wide variety of work for you to get your teeth into, especially with a good knowledge of Excel and (in time) your fully qualified MAAT behind you.

I've found in construction I've been given the chance to brush up on VAT in the Construction Industry, which is an absolutely fascinating subject. I'm really enjoying it at the moment!

If you go for a larger firm then there's a real risk that you'll be stuck on Purchase Ledger until you die, lol.

lol noooooo, thats another reason i want out im stuck doing purchase ledger for a large company and not really learning much else wasting all i have learnt.(MAAT already)

A colleague echoed what you said about working for a smaller firm and becoming more rounded!

Shimmy khan

Hi

I currently work in practice, and i love it. Purely because you get a feel for all sorts of business. yes its true that you may be working on soley vat returns, accounts etc, but no business is the same. They all file, purchase,store differant things,so occasionally differant procedures would apply to them.

like previously mentioned, depends what you like doing. For me i like organising papaerwork, learning new regulations, meeting clients, getting to know how differant types of business work, what they can and cannot do.

Hope the above shed some light x