My brother is an NQ as he is unsure about commerce of practice

#1

My brother who is in his late 20’s wants to get some substantial qualification to his name but is torn between commerce and practice. He has tried to get solid advice (he won’t listen to me) but there seems to be no clear path. His concerns are that he is the sort of person who does not like to be tied down, so demands flexibility in his work. he knows that if he remains as an NQ he will gain knowledge, but that will not necessarily progress him.

In his view practice has a defined path whereas commerce has many openings, but of itself that is confusing. He likes the idea of auditing and is considering internal audit as an answer to his NQ status. It is the struggle to decide on a course and break away from the NG status that holds him back.

Has anybody experience of breaking out of the NQ rut?

#2

Breaking out of the NQ rut is not that difficult today. The main factor is the attitude of the employee/student. If one looks at the ICEAW site and that of the Association of Certified Accountants it is clear that they are now running courses/qualifications that are starting points for both professional qualifications. They run ‘simplified’ courses that will allow for the successful student to use that success to reduce the number of exams that he would normally have to take. There are also a whole number of courses run by other professional bodies that will allow for “start up” education. There is also the Association of International Accountants that is a full accounting qualification that has the same rights as both Chartered and Certified. Finally there is the well known option of AAT which is gaining in position almost monthly.
The truth is that there is no reason why an NQ cannot now become qualified, even if they originally did not have the correct school certificates to enter those fields. The methods of entry ease people into studying and thus as long as the NQ has the will the means are there.

#3

Breaking out of the NQ rut is not that difficult today. The main factor is the attitude of the employee/student. If one looks at the ICEAW site and that of the Association of Certified Accountants it is clear that they are now running courses/qualifications that are starting points for both professional qualifications. They run ‘simplified’ courses that will allow for the successful student to use that success to reduce the number of exams that he would normally have to take. There are also a whole number of courses run by other professional bodies that will allow for “start up” education. There is also the Association of International Accountants that is a full accounting qualification that has the same rights as both Chartered and Certified. Finally there is the well known option of AAT which is gaining in position almost monthly.
The truth is that there is no reason why an NQ cannot now become qualified, even if they originally did not have the correct school certificates to enter those fields. The methods of entry ease people into studying and thus as long as the NQ has the will the means are there.

#4

I have posted on another thread that there is, to accounting partnerships, a great deal of value in NQ’s and that their place in the accountancy profession should not be undervalued. However we as a partnership do recognise that we have an ultimate responsibility to ensure that all our staff are treated equally, and that if they wish to undertake some form of training then we should support them We run in-house training and ensure they are involved and encourage them to see that if they can absorb this then maybe they should start a base qualification. This may be CFAB or indeed AAT but we will never push. There is value in them without exams and if we force an issues and they fail then the worth that is in them may disappear.
Our bigger is issue is with the PQ’s and QBE’s who see themselves as in no man’s land. We will always allow them to know that we would support them if they wish to complete qualifications or indeed if they wish to start fresh studies but never try and push each way.
I agree with David53 that the NQ etc now has a simpler path to some qualifications, but they must never feel it is a MUST that they attempt one of these.