Top tips for newly qualified accountants

ACCA offers some timely advice for those
making the transition to member status




Following on from the recent introduction to the
ACCA Case Presentation Team blog on best
practice in the last edition of NQ magazine, we are
pleased to bring you the next instalment: our top five tips for
newly qualified accountants.
First of all, if you have recently completed your ACCA
qualification, well done! Attaining membership to ACCA is a
fantastic achievement and we hope this article will help you
successfully embark on the next steps in your career.
Step 1: Consider your career options carefully
As you will no doubt be aware, your ACCA qualification can
open the door to a variety of career options; whether you
wish to work in industry or private practice.
ACCA provides access to sage careers advice and
employment opportunities [http://careers.accaglobal.com/]
for its members, so make sure you have considered the
route that suits and appeals to you best.
Once you have decided, make sure you consider
carefully whether you require any additional certificates
or licenses to practice in your chosen arena [http://
www.accaglobal.com/content/dam/acca/global/PDFmembers/2012/2012p/PC_factsheet.pdf].
Many complaints are referred for adjudication before
ACCA’s disciplinary committee on the back of member’s
practising outside of their remit, and are understandably
regarded as very serious matters.
Do not let this happen to you and risk damaging
the career you have worked so hard to achieve by a
misunderstanding of, and/or failure to have regard to, the
applicable practising regulations [http://www.accaglobal.
com/content/dam/ACCA_Global/Members/Doc/rule/
ACCA%20Rulebook%202017.pdf].
Step 2: The importance of networking
ACCA is extremely proud of its global reach and the support
that it offers its members throughout their career through

various member networks [http://www.accaglobal.com/gb/
en/member/member-networks.html], social media outlets,
events and more!
Here in the Case Presentation Team we cannot encourage
you more to make use of such resources! They are a great
source of information and support and can help you through
pretty much any query you have throughout your career to
prevent you struggling with an issue alone and potentially
making errors.
Step 3: Keep up-to-date
This top tip covers a number of bases:
1. Always make sure you keep your contact details up to
date with ACCA via MyACCA [https://login.iam.accaglobal.
com/] to ensure you receive all communications and can be
contacted if needed. It is your responsibility in accordance
with ACCA regulations to keep this information up-to-date.
You do not want to miss out on opportunities or important
communications that could impact upon your career;
2. Ensure that you complete and pay your annual
subscriptions each year – do not allow your certificates,
licences and/or membership to inadvertently lapse thereby
potentially exposing yourself to disciplinary or regulatory
action;
3. Always keep on top of your CPD requirements and
records to ensure you remain on top form and compliant
with your professional obligations.
Step 4: Get to know the ACCA rulebook
Make sure you familiarise yourself with the ACCA rulebook
[http://www.accaglobal.com/content/dam/ACCA_Global/
Members/Doc/rule/ACCA%20Rulebook%202017.pdf], and
are mindful of any changes or updates to the same. The
rulebook sets out the bye-laws, regulations, and ethical
requirements you need to comply with and you should
always keep it to hand to ensure you are aware of your
rights and responsibilities

Step 5: Continuous improvement
ACCA can help to provide access to a vast array of
opportunities and resources for you to complete further
training and qualifications to advance your career;
including providing preferential terms for members on
a wide range of courses, membership fees and tuition
material offered by partner organisations [http://www.
accaglobal.com/hk/en/member/membership/partner-quals.
html] Keep an eye on what is available so you can make
the most of the opportunities available to you through
ACCA membership!
If there are any specific topics or issues that you
would like to see discussed by our team on this blog
in the future, please do not hesitate to contact us with
suggestions at newsroom@accaglobal.com
? Thanks to ACCA for this article


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