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Calling accountants - can you help me decide which (if any) qualification do to?

72 replies

CountessDraculaPI · 05/09/2007 11:15

I have worked for about 13 years implementing financial systems as a Business Consultant/Analyst and Project Manager, I am effectively a systems accountant but qualified by experience. I became self-employed this year and I am wondering if I might do some kind of qualification to bolster my CV a bit. Also I'm sure there are huge gaps in my knowledge as I have just picked it all up as I go.

I have worked in all sorts of businesses but I would like to target consultancies as I like this sort of work best. I work with lots of FDs, FCs and Managment accountants in this area so I guess I could ask their advice but I don't want to flag up the fact that I am not qualified (though I never pretend to be and whenever I say it people look amazed as I do talk a good game!)

The two I was looking at are the DipFM or maybe a CIMA qualification (the certificate to start). Would these be appropriate? Not really sure about all the different qualification and what is percieved as being most valuable in my sort of area.

Many thanks in advance for your help!

OP posts:
Kewcumber · 05/09/2007 11:31

Are you sure you need one? I'm an ACA and I'm always happy to recruit people who are qualified by experience. Particularly as a consultant.

You can fill in your knowledge gaps by doing one off courses with FTC or BPP. ONly ohter thing I would say is that I haven't heard of DipFM so I wouldn;t bother! However I'm not in systems so it may have more currency in that field.

Kewcumber · 05/09/2007 11:32

recommendation from clietns would count far more in my book when employing consultants.

CountessDraculaPI · 05/09/2007 11:32

The DipFM is an ACCA post grad qualification for managers

OP posts:
Kewcumber · 05/09/2007 11:33

shows how much I know!

CountessDraculaPI · 05/09/2007 11:34

That's very interesting thanks KC
I have always found that to be the case, I just thought as I want to remain self-employed it might benefit me particularly for short-term contracts (which have higher rates!) to demonstrate that I am qualified

OP posts:
CountessDraculaPI · 05/09/2007 11:35

DipFM

It is not really an accountancy qualification, however it would show I understood the principles)

OP posts:
CountessDracula · 05/09/2007 14:00

bump

bossykate · 05/09/2007 14:04

i think we are career twins, except i'm an ACA

agree that you should check out FTC or BPP - these are the big training providers to the profession. see if they can recommend the ideal course for your situation.

have you thought about doing the Project Management Professional certification?

CountessDracula · 05/09/2007 14:06

And do you earn more as a result??

Kewcumber · 05/09/2007 14:06

or better still just buy a certificate online and add the letters to your name.

Kewcumber · 05/09/2007 14:08

or is that not a helpful suggestion...

bossykate · 05/09/2007 14:08

Project Management Institute

tbh, i'd expect this one to be a more useful credential - remember you're being hired for your pm/implementation experience. ime there's never a shortage of a/c subject matter experts - it's just they can't organise a p/up in a brewery!

bossykate · 05/09/2007 14:10

well rates vary don't they? plus i'm on my first contract. i'd say the rate is for the pm experience rather than the accountancy tbh. i plan to do the pmp and i'd expect to be working higher responsibility jobs (therefore better paid) with that. i'd also expect to be able to widen my remit to e.g. pm training if i wanted. another qualification you could go for is prince 2 certification.

CountessDracula · 05/09/2007 14:13

Yes have looked at Prince 2 or the APM qualifications. All the agencies say that all their clients value experience over these (unless you are working in govt which I don't want to do!) And I am not v intereted in it tbh. I like the Business consultnacy bit of my job best the PM bit I just tack on for good measure!!

bossykate · 05/09/2007 14:15

it's true that a certificate doesn't make a good project manager. however, studying the theory, being able to articulate the benefits, implementing improvements are the result of your increased knowledge - all these are worthwhile.

what about an MBA then? or 6 Sigma?

jura · 05/09/2007 14:15

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Message withdrawn at poster's request.

jura · 05/09/2007 14:16

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bossykate · 05/09/2007 14:17

also, i think you get to a certain stage in your pm career and it's possible to look rather ill educated if you can't articulate some of the theory - even if it's never used.

however, if that's not your interest, as you say, it's not really a big deal.

bossykate · 05/09/2007 14:18

lol @ jura! i could be an FCA - i just haven't done the forms! maybe i should!

CountessDracula · 05/09/2007 14:22

Oh I can articulate it all
Have worked in prince2 environments a lot and read the book.. (well flicked through it!)

bossykate · 05/09/2007 14:23

ok then do as i suggested and contact FTC and BPP and ask for their advice. or an MBA.

CountessDracula · 05/09/2007 14:34

Yes I will
thanks so much

CountessDracula · 05/09/2007 14:34

I just cannot be arsed to do an MBA

bossykate · 05/09/2007 14:36

no me neither - takes years and really is of very limited use!

jura · 05/09/2007 14:36

This reply has been deleted

Message withdrawn at poster's request.