What next ? Run my own company...

System
System Posts: 100,537 🤖 Admin 🤖
edited June 9 in General accounting discussion
Does anyone have any advice? I run a limited company 50 : 50 with my husband, and i have just completed my AAT. I don't know what to do next i have looked at ACCA, CIMA etc and it seems i wil never meet the work experience requirements...i want to study further but don't know what? any advice would be gratefully appreciated. :(

Comments

  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:What next ? Run my own company...

    As far as I have been able to ascertain the only qualifications that you can do "unsupervised" after AAT is ATT (but not CIOT). Every other qualification needs someone qualified to sign you off :cry:

    Claudia
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:What next ? Run my own company...

    Working for yourself won't stop you gaining fither qualifications.
    Even with ATT you need someone to validate your work experience and that can only be someone with a qualification from a list they specify, which is the same as the list CIOT supply.

    Is there no-one who could validate your work experience were you to carry on?


    Michelle


  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:What next ? Run my own company...

    I thought that CIOT you had to have supervised experience but with ATT someone could sign you off as saying what a good chap/chapette you are - maybe I am wrong :roll:

    Claudia
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:What next ? Run my own company...

    When I enquired about meeting the membership requirement I was led to believe by ATT that the form was similar to AAT. You do a form detailing your work experience and you get it signed off, but the person signing must hold an accountancy qualification like ACCA, ICEAW etc and work in tax.

    I may have got it wrong, I'll find out when I pass the exams and apply for membership :lol:

    Michelle
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:What next ? Run my own company...

    Hi

    You need two years work experience for ATT, but im not sure of the sign off requirements.

    ACCA will accept work logs counter signed by the company accountants/auditors and and senior business collegue can sign the CIMA work experience off (not sure about your husband since he is a relative and all).

    Another option would perhaps be general management/business qualifications, perhaps a degree or even an MBA. Also, have you thought about the corporate treasurer examinations? ICSA (thats I-C-S-A not I-C-A-S) may appeal, not sure what there requirements for having the exeprience signed off are.

    Neil

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