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“If you enjoy working with numbers, or are currently working in an accounting related role, but do not have a formal qualification, seriously consider enrolling for a career in accounting,” says Head of ACCA South Africa, Dr Quinton Simpson.
Demand for accountants is high, worldwide. “An internationally recognised accounting qualification, coupled with some work experience is a passport to employment, worldwide. Career prospects are excellent. Once qualified, accountants enjoy above average financial rewards,” Simpson explains.
Simpson says there are thousands of talented young South Africans, who mistakenly believe that because they have not completed Accounting in matric, they will never be able to pursue a career in the accounting profession.
“This is not the case. The Association of Chartered Certified Accountants (ACCA) has always believed in creating opportunities for those seeking to enter the accounting profession. For this reason, ACCA has devised a number of entry and exit points into the profession,” Simpson reveals.
ACCA’s CAT (Certified Accounting Technician), NQF-Level 5 qualification, which enables candidates to fulfill the accounting role at technician level, provides for open access requirements.
“Candidates must be 16 years or older and they must be literate and numerate. The qualification is well-suited to school-leavers as well as those individuals, who have some workplace experience in the accounting field, but do not have a formal accounting qualification.
“CAT can be used as an introduction to the accountancy profession or as an accelerated route to the ACCA Professional Qualification,” he informs.
Candidates, who have completed a CAT qualification, are typically employed as an accounts clerk, wages clerk, accounting assistant, sales ledger clerk, tax assistant, book keeper, financial controller or accounts manager. Candidates, with work experience may be exempted from certain papers through recognition of prior learning.
The NQF-Level 7 ACCA Professional qualification, which enables candidates to qualify as a Chartered Certified Accountant, is open to individuals who have a senior Certificate issued by the Matriculation Board giving matriculation endorsement (previously matric exemption), with Mathematics and English on Higher Grade.
The flexibility of the ACCA qualification provides a multiplicity of entry points for candidates whilst ensuring that equity, quality and rigour are not compromised.
Other than entering the ACCA qualification via the CAT route or directly from school, ACCA recognises the relevance of prior learning and can award exemptions on the basis of qualifications awarded by recognised institutions.
Candidates with the ACCA Professional qualification hold highly sought after positions as Financial Directors, CEOs, CFOs and partners in companies and firms worldwide.
The flexibility of the ACCA Qualification means that it doesn’t limit candidates to one particular sector.
Candidates have the opportunity of working in any sector they choose, be it public practice, public sector, financial services or corporate sector, giving access to a broad range of complex and interesting roles.
A mature student entry route is also available. Here candidates must be over 21 years old. Candidates are required to pass two papers within two years of the date for your first eligible ACCA examination session.
ACCA has more than 320 000 members and students in more than 170 countries.
(Should you require additional information, contact Head of Education, ACCA South Africa, Tonia Valis on 011 459 1900)