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Getting Started in Accountancy PDF
Getting Started in Accountancy PDF
in Acco untancy
www.kaplan.co.uk
Contents
Why Study accountancy?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Contact us. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
2
Why study accountancy ?
Do you want to help produce the next
Hollywood blockbuster? Or control a $100 billion
balance sheet at a bank? Or maybe you want to
start your own business selling handmade
cupcakes? Whatever your passion, chances are
an accountancy qualification will help.
Flexible Dynamic
As one of the most flexible professions, accountancy Accountancy isn’t just about numbers. It employs a
can help you achieve the perfect work-life balance. wide range of other skills such as communication,
Part-time roles and career breaks are possible, as teamwork, strategy, leadership and problem-solving.
well as plenty of self-employment opportunities. Choose a global organisation and you could also
benefit from some incredible travel opportunities.
Rewarding Respected
Accountancy can be extremely rewarding. Senior You benefit from being part of a prestigious
roles often attract high value salaries and benefits profession that is respected and trusted by
packages, with huge scope for progression. organisations and communities..
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What does an accountant do ?
The term ‘accountant’ can apply to so many careers – no wonder it is often
misunderstood. Check out these common specialisms to find out more.
Management Accountant
Are you a strategic thinker who has a knack for looking at the bigger
picture? As a management accountant, you’ll provide financial and strategic
information to help organisations prosper.
Find out more
Forensic Accounting
You don’t have to be a detective to solve crimes. As a forensic accountant,
you can use your skills and expertise to follow the paper trail of corruption.
You may even be asked to give expert evidence in court.
Find out more
Bookkeeper
Being a bookkeeper is the best of both worlds; a secure, well-paid career,
with the added benefit of stable hours and a great work-life balance.
Find out more
4
Tax Technician
Tax is intrinsic to the financial universe – affecting governments, businesses,
and individuals worldwide. As a tax technician, you’ll be on hand to advise
on big decisions such as investments, restructures or mergers.
Find out more
Financial Accountant
As a financial accountant, you’ll be the go-to person for all things financial.
You’ll need strong organisational skills and attention to detail to summarise
and report on a company’s financial transactions.
Find out more
Production Accountant
We did say you could work in Hollywood! Production accountants
are a vital part of film and television production management.
Find out more
5
Can I study accountancy?
In short – yes! You don’t need any previous Many believe that they don’t have the right
experience or qualifications to start studying AAT qualifications or skills to start studying accountancy.
or FIA, just a willingness to learn!
However, most accountants today use
So whether you’ve just finished school, want to change spreadsheets or accounting software to do a
career, or already hold a financial qualification, there lot of the calculations and processes. So you
are lots of ways to start get started. certainly don’t need to be a maths or IT genius!
Find out which qualifications match your experience Find out more accountancy myths here
in our in-depth article here
55% 80% 4 in 5
of accountants previously of career changers are either happy or would recommend a career
had a different career extremely happy in their new career in accountancy to a friend
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Which qualification should I study?
As you can see, there are plenty of routes into accountancy – but which one
is right for you?
Often it will depend on the career path you decide to take. Three of the most
popular qualification routes are highlighted below.
Find out more about how your career will progress depending on the
qualification you pick with our Career Timeline
The Association of Accounting Technicians (AAT) CIMA is the world’s largest professional body
is one of the most popular qualifications to of management accountants. Having a CIMA
study if you’re new to accountancy and finance, qualification tells everyone you’re a trusted
or simply looking to progress your career. business strategist who can help bring success
to any organisation.
You’ll learn practical real-world skills,
such as: interpreting financial statements Find out more
and managing budgets.
Find out more
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What will it cost me?
The cost of studying can vary a lot, depending Financial Support
on which course you choose and how you
On top of this, there are lots of extra financial support
decide to study.
available for students. In our survey, 60% of people
However, all courses offer a cost effective route into said they received financial support from their
a ‘rewarding andstable profession. Being qualified employer or training provider.***
also offers a great return on investment – with higher
Apprenticeships: You could study for free as an
wages and new job opportunities becoming available
Apprentice, earning money and getting real work
as you progress.
experience at the same time!
Learn More
£1,419.20
Full cost of AAT Professional
Diploma in Accounting via
Kaplan Distance Learning
CIMA
Student
CIMA
Member
0 10 20 30 40 50 60 70
Average annual salary in £K
*International university degrees three times cheaper than UK,The Telegraph, 11/01/17
**CIMA Salary survey
***Kaplan career changer survey
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Which study method is right for me?
One key question is frequently overlooked when starting your training – what’s the
best study method to use? Your unique learning style and situation can make all
the difference to your success.
Luckily, Kaplan has four different study methods to suit different needs. Not sure if
structured or flexible learning is right for you? Find out more in the articles below.
Structured Flexible
Is this right for me? Is this right for me?
Classroom OnDemand
A traditional scheduled programme, with face An online course with resources specifically
to face tutor led classes at one of 21 centrally designed for online learning, with the
located Kaplan Training Centres. flexibility to start studying anytime, anywhere.
Learn more Learn more
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Why study with Kaplan ?
So you’ve decided which qualification is the best for you, and you’ve decided how
you should study. The final question is – why study with Kaplan?
Because we listen! We’ve recently redesigned all our courses based on student
feedback, to give you the best chance of completing your studies, whatever study
method you choose.
*Top 10 UK accountancy firms taken from Accountancy Age 2018 Top 50+50 survey. All students have purchased a course within the last 6 months as of May 2019.
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Your study checklist
We know that starting a new qualification can be overwhelming, so we have
put together a handy checklist below to guide you through the process from
start to finish. Follow these steps and you’ll be qualified in no time!
1
Choose your qualification
Make sure you find the course that is right for you. Find out which level and
institute you should start with.
2
Register with your institute
Separate to your training provider, you also need to register as a student with
the institute itself. Otherwise you can’t take your exams!
3
Choose your training provider
That’s where we come in! Decide who you would like to study with based on
factors such as tutor support and course content.
4
Choose your study method
Flexible or structured, in class or at home? Pick the study method that will give
you the best chance of success.
5
Check your funding options
You might be surprised at what is available to you. And always ask your
employer if they are willing to help fund your studies.
6
Start Studying
You should now have everything in place to be able to start your training
– now hit those books and schedule your first exam when you feel ready!
Contact us
If you have any questions about starting your course with Kaplan,
please feel free to get in touch:
studentservices@kaplan.co.uk 0161 259 7400