A CIMA veteran shares his perspective on what the profession holds for those working in industry.
Which bits of accounting do you avoid
As a management accountant, I used to be able to have nothing to do with tax. I left that to to auditors. However, three years ago I thought I should face my fears.
I embarked (unsuccessfully as it happens) on CTA, passing the first exam I took. I then narrowly failed the next exam (on individual tax) a few times. Not really that suprising I suppose, as I had never worked in that area.
Earlier this year I decided instead to change to ATT - Association of Taxation Technicians - which is run by the same organisation.
I am pleased to report I have just passed the first ATT paper - on Individual Taxation. Two more left to do.
Working for overseas parent companies - as I tend to do now - the nuances of the different UK qualifications are not always understood - so it is good to learn new things to fill in any gaps.