Practice careers guide: stay put to move up

Practice careers guide: stay put to move up

Accounting practices, the larger ones in particular, have traditionally been viewed as something of a revolving door for trainee accountants

Fresh-faced graduates undertake their training at firms, acquiring the
appropriate skills and qualifications to work as and be called a chartered
accountant before disappearing into the world of business to apply those skills
at other companies.

But times are changing. While there will inevitably continue to be leakage of
skilled individuals to industry, accounting firms have been working hard to keep
the cream of talent in-house. Incentives are good, secondments are frequent ­ to
enable employees to get a feel for a number of different areas ­ and the firms
are bending over backward to offer attractive and flexible working conditions.

The work being done by the firms to ensure the best remain in practice has
been publicly recognised, with several of the bigger accounting firms in the
country frequently popping up in lists of the best companies to work for.

So if you think that a life in accountancy, tax, forensics or any other of
the number of services that firms offer isn’t for you, it could be worth
thinking again. Not only might you find it more stimulating and personally
rewarding than you imagine, but working for a firm could also bring financial
and work/life benefits that you would not be able to find in general business,
as well as a carefully structured career progression path that suits you.

This guide will give you a flavour of what it’s like to stay on in practice
after qualification. We talk to people who had expected to move on after
training but changed their minds after experiencing what their firm could offer
them. We also explore what practice has to offer young, ambitious accountants
looking to progress quickly. There is also the chance to look at the
opportunities out there if a move to a new accounting firm is what you have
decided is the next step for you.

Related Articles

It’s not just the potential of women at stake, it’s the potential of accountancy

Accounting Firms It’s not just the potential of women at stake, it’s the potential of accountancy

3d Jean Stephens, RSM International
PwC to net £50m from Carillion insolvency

Accounting Firms PwC to net £50m from Carillion insolvency

2w Alia Shoaib, Reporter
Mercer & Hole makes two new appointments

Accounting Firms Mercer & Hole makes two new appointments

3w Emma Smith, Managing Editor
Sexual harassment – is accountancy next for #MeToo?

Accounting Firms Sexual harassment – is accountancy next for #MeToo?

4w Karen Baxter, Lewis Silkin
Johnston Carmichael CEO appointed as ICAS president

Accounting Firms Johnston Carmichael CEO appointed as ICAS president

2m Emma Smith, Managing Editor
British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

2m Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

2m Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

2m Alia Shoaib, Reporter