arc exams’ Post

👋 finance graduates / trainee accountants 👋 Are you left considering whether you should be going into practice or industry? 🏢 This article covers a comparison on training in practice and industry. There are benefits to both, but we find those who complete their entire qualification in practice have broader career prospects in the future! TPF Recruitment #accountancy #ICAEW #accountant #finance #traininganddevelopment

How do you know if a career in Finance or Accountancy is for you? We speak to aspiring accountants every day, who aren't necessarily sure how to begin their careers or whether it's a career they want to commit to. There are many entry-level positions out there that will teach you everything you need to know and will help you complete your AAT studies or ACCA/CIMA. If this seems like the route for you, we have dedicated consultants who can let you know about our current opportunities and offer their advice. 🚀 Nadia Payne for entry-level roles in Southampton/Portsmouth - nadia@vrpartners.co.uk 🚀 Shaun Coston for entry-level roles in Dorset/Southampton - shaun@vrpartners.co.uk You also have the option to complete your AAT studies first to gain experience or study for a Finance and Accounting degree at University. Below is some guidance from AAT that may help you further! #aat #accountingandaccountants #hiring

🌟 Reflecting on My AAT Journey 🌟 As I look back on my AAT training, I can’t help but feel immense gratitude for the invaluable skills and knowledge I’ve gained. The Association of Accounting Technicians (AAT) program has truly been a game-changer in my professional development. 🔍 Key Takeaways:        1.     Practical Skills: From bookkeeping to financial management, the hands-on experience has equipped me with the essential tools to excel in the accounting field.        2.     Industry Insight: The AAT curriculum provided deep insights into the latest industry practices, preparing me to tackle real-world challenges with confidence.        3.     Career Advancement: With my AAT qualification, I’ve unlocked new career opportunities and am now better positioned to make strategic contributions to my organisation.        4.     Networking Opportunities: Being part of the AAT community has allowed me to connect with like-minded professionals and build a supportive network. I highly recommend the AAT program to anyone looking to advance their career in accounting. It’s a solid foundation that opens doors to countless possibilities and has helped me develop and grow my role at CITI Limited. #AAT #Accounting #ProfessionalDevelopment #CareerGrowth #Grateful

What does the recruitment market see as the most important skills for trainees in 2024? A student accountant discovers the top four skills employers are looking for in a recent ACCA article 📢 Find out now: https://ow.ly/4qEU50QSff1 #acca #skills #softskills #accountancy #accaireland #workreadyskills

Working Part-time with ACCA - a dilemma or what? If it were a normal undergrad or postgrad degree, no student would have second thoughts about working part-time (because economy, duh). But we’re talking about ACCA. I have seen many mid-grade students who work part-time from FD to Professional level without failing attempts. Some even begin articleship alongside Skills (just thinking about it scares me) 😣 But should an average-grade student consider part-time jobs alongside ACCA? I’d recommend not to ❌ Even though ACCA is easier than CA, it’s still tough. More than that, when you have big bucks (sterling pounds) on stake; the risk is not worth it. In fact, the risk-to-reward ratio is a key reason why many ACCA students don’t take up articleship opportunities alongside Skills. Reward being the measly 20K pkr salary. ▶ WHAT YOU CAN DO: You can try your hand at freelancing though, because it brings more flexibility, comparatively better pay, and time to study. Plus, you’re your own boss when freelancing since you pick your projects yourself, keeping feasibility & difficulty in mind. ▶GOLDEN OPPORTUNITY:  However, if you get a chance (paid, of course) to tutor FD students as a Skill-level student, don’t miss it. It’s a golden opportunity for any Skill-level ACCA student, helping you revise and strengthen your concepts. Yet, the fact remains and will prevail to be, that the earlier you enter corporate the better. What are your thoughts on it? #acca #accaeducation #accamotivation #accapakistan #accauk #ca #icap

ACCA students hate me when I say this out loud, don't expect crazy salaries like Rs 10, 15, 20 lacs for your first job! You may have to start with salaries as low as 3 or 4 lacs, depending on what number of papers you're done with and if any prior experience. Now why do we get paid less? The answer is simple, we need to get experience before we start to demand. ACCA is a skill based profession (not knowledge) therefore you get better only with experience. And because you get better, you can demand more. Your ACCA qualification tells the employer that you have in depth knowledge, and you have gone through the grind therefore commitment can be expected.They know you can put in the efforts and won't quit. Please don't compare yourself with other qualifications like a CA getting 8 or 10 lacs as a start, cos they already have done a 3 years articleship which is as good as full time work experience. Therefore if you have 3 years experience, yes absolutely feel free to demand 10 lacs and more, if not, then please get some experience first. The initial few years are still part of investments, therefore the returns are not necessarily great (there are a few exceptions). However with a few years in the Industry, you'll be able to make a lot more than an average accounting and finance professional. Remember the power of compounding works here too! Realistic expectations would be an ACCA with zero experience to start with 6 to 6.5 lacs and then with experience it keeps going up gradually. With 5 to 7 years of work experience, you can expect it to go upto 20 odd lacs. How do I know all this, well with personal experience as well as at FPA Edutech we place students therefore know what the industry is offering. Hope this helps with your job search and expectations setting. I did make a very short video about the same, link in comments. If you find this useful, please hit a repost and do follow me Zaheer A Sayed ACCA for such insights. All the best! p.s. These ranges are generally speaking therefore if you are getting more or less than what I mentioned then happy to hear it in comments! Also note, Q1 generally hiring slows down as no one wants to leave without bonus therefore sit tight and keep hunting! #acca #accaindia #accajobs #accasalary #accastudents

🌟Calling all Finance Professionals, Trainee Accountants and Exam Candidates!🌟 Question of the Day: How do you prioritise mental wellbeing amidst the demands of the finance world and exam preparation? As finance professionals and trainee accountants, we're no strangers to tight deadlines, high-pressure environments, and the constant demand for accuracy and precision. But amidst the hustle and bustle of our daily work and exam preparations, it's essential to take a step back and prioritise our mental and emotional wellbeing. One recent post from a trainee accountant highlighted the sacrifices made to pass exams, mentioning how she had zero life for the past 3 months in order to succeed. This resonates with many of us who have experienced the intense focus required during exam periods. So, I want to hear from you: How do you prioritise mental wellbeing in your finance career and exam preparation? Do you have any mindfulness practices or stress management techniques that help you stay grounded and focused during busy periods? Share your insights and experiences in the comments below! Let's come together as a community to support each other in navigating the challenges of the finance world and exam preparation with resilience, balance, and purpose. Your tips and strategies could inspire others to prioritise their own mental wellbeing and succeed in their finance careers and exams. Looking forward to hearing your thoughts and learning from each other's experiences! Jan #FinanceProfessionals #TraineeAccountants #Mindfulness #WorkLifeBalance #Resilience #ICAEW #ACCA #AAT #ReedBusinessSchool

What strategies do you use to maintain work-life balance and prioritise mental wellbeing? Share your top tips and personal experiences in managing stress and staying resilient during demanding times at work. An early morning yoga practice before starting work was always one of mine 🧘

Respected partner does not even know that ICAP has restricted students from doing part time jobs (freelancing) so they can be more focused towards the work of Audit Firms. I am unable to understand the mindset of these type of firms here. Let me know how many “Valuable training sessions” you have provided to your trainees? Few firms are working on the training and development of the trainee while most of them just assign them training in between the routine client work and does not even bother to give them time to complete the training. Paying trainees with fewer bucks and expecting them to work on the clients like they own the clients with minimal supervisons and guidances is totally unjust. These stipend does not even cover tuition fees and daily traveling and food expenses. How come it won’t affect the quality of the work? It would be compromise when one is not motivated enough to do so. Moreover, they asked you to work late nights while they will leave the office by 6, expecting Rs 19,000 trainee to complete the millions of audit fees worth clients with your minimal inuput and intense work pressure. Totally unacceptable ! #ca #cafirm #Aca #Acca #CFA #FCA #cainter #firms #Articleship #CharteredAccoutants #partners #Audit #Tax #advisory #induction #caf #cafqualified #CAtrainee #CAfirm #trainee #CA #ACCA #accounting #auditclients #caf #karachi #joinnow #lahore #Enrichinglivesbyinspiringchange #icap #summerprogram #icap #stipend #salary #wage #basicsalary #dailywage

The AAT qualification is an important step in many individuals careers, here are the benefits of the AAT qualification! 🌍 AAT qualifications are recognised globally. ➕The comprehensive curriculum ensures that AAT-certified professionals are well-versed in various aspects of accounting. 👩🎓AAT courses emphasise practical, real-world skills, ensuring that graduates are well-equipped to handle the day-to-day challenges of the accounting profession. 👩🏫The focus on practical experience enables individuals to seamlessly transition from studying to applying their knowledge in professional settings. 📜Serves as a stepping stone for further professional qualifications, such as ACCA (Association of Chartered Certified Accountants), ACA (Associate Chartered Accountant), or CIMA (Chartered Institute of Management Accountants). 💰AAT courses are often more affordable than other professional accounting qualifications, making them accessible to a wider range of individuals. ⏰Flexible study options, including part-time and online courses, accommodate individuals with varying schedules and commitments. The AAT qualification is a gateway to success in the world of accounting, providing a solid foundation, practical skills, and global recognition. Whether you're starting your accounting journey or looking to advance your career, the AAT qualification opens doors to a multitude of opportunities, setting you on the path to a fulfilling and prosperous career in accounting and finance.