Accountancy Can Provide Varied Challenges

Jack Prot

The recovery of the UK economy is making accountants and tax advisors more sought-after and this could tempt people considering which career path to take.

One hurdle in the way of getting into the popular sectors could be the skills and qualifications which people need to secure a position. So what are they?

Well, strong mathematical and analytical skills are essential for most accountancy roles and so are interpersonal ability as people in the industry often have to communicate with clients and colleagues most days.

The ability to think things through logically is needed as is a sound business mind.

In order to offer customers the full range of accountancy services in the UK workers must qualify with one of these professional bodies.

There is a lot of choice and all of the institutions have different entry requirements, but holding an accounting or business-related degree, or accounting technician qualifications can help with qualification.

Once an accountant is qualified it is important to keep their knowledge and skillset up to date and these institutions could help with further education:

• Financial Services Skills Council
• Association of Chartered Certified Accountants (ACCA)
• Institute of Chartered Accountants in England and Wales (ICAEW)
• Institute of Chartered Accountants of Scotland (ICAS)
• Association of International Accountants (AIA)
• Institute of Chartered Accountants in Ireland (ICAI)
• CCAB-qualified British Accountants
• Institute of Chartered Accountants in Ireland (ICAI)
• Chartered Institute of Public Finance and Accountancy (CIPFA)
• International Federation of Accountants
• Association of Corporate Treasurers
• The Chartered Institute of Management Accountants
• Institute of Chartered Accountants in England and Wales
• Institute of Directors (IOD)

The variety of an accountancy role should be an inspiration for people considering the lengthy qualification process.

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