CIMA Member in practice to become CTA?

CIMA Member in practice to become CTA?

Didn't find your answer?

I am a CIMA member, and have recently started my own practice. I have a reasonable understanding of Tax but would like to increase my knowledge. I am considering taking the CIOT exams and becoming a CTA.
As well as passing the exams I would also need to complete 3 years relevant practical experience. Does anyone know if self-employment would count towards the practical experience requirements??

Big John

Replies (2)

Please login or register to join the discussion.

avatar
By User deleted
20th Nov 2007 12:36

Try ATT instead
Not sure about the 3 year work experience bit. But what about looking at the ATT instead.
I am a sole practitioner and recently took the ATT exams to increase my knowledge. I had a look at the CTA syllabus and study materials and actually think the ATT exams are a lot more relevant to what I deal with on a daily basis.
The CTA exams are, I think, more relevant to people working in and advising larger organizations and national/multinational companies not small businesses and sole traders that most practitioners deal with.

I know this doesnt answer your question but I really cant recomend the ATT enough.

Thanks (0)
By Sarah Offord
22nd Nov 2007 12:27

Potential Issues finding a sponsor
I am also an ACMA MIP and I have in the past considered ATT or CIOT, but I came to opinion that my time was better spent learning by doing and investing in a Tolleys Tax Guide. Not always ideal but AccountingWeb has been a fantastic source of information so far.

Having spoken to other CIMA MIPs at a recent MIP course, I raised the issue I have had that clients will often ask me very specific tax questions which I have been unable to answer on the spot for them. Some very experienced CIMA MIPs informed me that it is quite acceptable to explain that you need to look into their question and offer to get back to them. Hopefully your clients won't expect you to have the kind of on tap knowledge that our larger competitors have by hiring tax specialists.

Not sure if that will help!!

Thanks (0)