Your career path – your choice

The new Elevation Programme for 2011 from Chartered Accountants Ireland offers new routes to the Chartered Accountancy qualification for Graduates, Non-Graduates and Accounting Technicians.

Important changes to Chartered Accountants Ireland’s training regulations introduced earlier this year provide effective training alternatives for people from a wide variety of backgrounds, experiences and life stages, that will open new career possibilities. We know that School Leavers, college students, those just entering the workplace or currently out of work, and more experienced, mature people all want to study to become a Chartered Accountant in a more flexible format outside of a training contract. For all such people from disparate backgrounds, we offer one solution that we collectively call the Elevation Programme. With the launch of Elevation 2011, we’re encouraging everyone with ability and commitment, graduates and non-graduates alike, to consider a career as a Chartered Accountant.

As with any organisation that can trace its origins back as far as 1888, some pre-conceived ideas are difficult to discard. Given that generations of Chartered Accountants have studied and qualified within the context of a training contract, there still remains a strong association between Chartered Accountancy and the Training Contract. While the majority of our students certainly study under contract, Chartered Accountants Ireland has for many years offered a range of alternatives. With the advent of Elevation 2011, we are confident that Ireland’s premier business qualification is now attainable for everyone with talent and ability - a welcome initiative at a time of widespread economic hardship.

Like any profession, the path to qualification is not easy and requires a high level of dedication. But the rewards that qualified Irish Chartered Accountants generate in terms of career satisfaction, salaries and advancement are remarkable.

The Elevation Programme delivers the same standard of education as the traditional route via a training contract, but critically, the education and experience elements do not have to run concurrently. As an Elevation student you will sit the same exams as other students and will have to meet the same experience requirements that pertain to others.

With the Elevation Programme you can gain recognition for prior work experience, avail of modular education and greater flexibility in how your practical experience is gained. You also benefit from the unrivalled support offered by an institute based in Ireland – a support team dedicated to serving the needs of our students and members.

AT A GLANCE

Entry Criteria: The Elevation Programme is available to graduates (including graduates from our partner body, Accounting Technicians Ireland), non-graduates and School Leavers. Candidates joining the Elevation programme with at least four years’ work experience prior to joining the Institute as a student may sit all exams up to and including the Final Admitting Exam (FAE) before getting relevant accountancy experience. If you come to Chartered Accountancy studies with less than four years’ work experience in any field, the only stipulation is that you must evidence one year’s relevant experience prior to sitting your final (FAE) exams.

You will not be required to enter into a training contract. However when you wish to have experience recognised for Chartered Accountants Ireland membership, you should identify a Chartered Accountant or IFAC member in your workplace
to act as a mentor, who will verify your
recognised experience.

Flexibility: The route will allow you to sit two subjects at a time up to and including the Chartered Accountant Proficiency 2 (CAP 2) examination.

Experience Requirements: Having started the Elevation Programme as a student, you are required to obtain the same amount of recognised experience that applies to all those pursuing Chartered Accountancy studies: three years for recognised Masters in Accountancy; three and a half years for graduates and four years for Accounting Technicians Ireland qualified and non-graduates.

This experience needs to be recorded on a periodic basis in the Chartered Accountants’ Diary of Professional Development and be verified by a Chartered Accountant of three years standing.

It will be possible to claim credit for prior relevant experience, up to a maximum reduction in training period of 18 months.

The Institute now recognises exemptions for ten years from graduation date.

Time Limit: Upon entering the Elevation programme you will have a period of eight years from date of registration to complete your studies and to gain the requisite recognised experience to enable you to apply to become a member of the Institute.

So read on and learn how Chartered Accountancy could be for you after all!



	Your career path – your choice The new Elevation Programme for 2011 from Chartered Accountants Ireland offers new routes to the Chartered Accountancy qualification for Graduates, Non-Graduates and Accounting Technicians. Important changes to Chartered Accountants Ireland’s training regulations introduced earlier this year provide effective training alternatives for people from a wide variety of backgrounds, experiences and life stages, that will open new career possibilities. We know that School Leavers, college students, those just entering the workplace or currently out of work, and more experienced, mature people all want to study to become a Chartered Accountant in a more flexible format outside of a training contract. For all such people from disparate backgrounds, we offer one solution that we collectively call the Elevation Programme. With the launch of Elevation 2011, we’re encouraging everyone with ability and commitment, graduates and non-graduates alike, to consider a career as a Chartered Accountant. As with any organisation that can trace its origins back as far as 1888, some pre-conceived ideas are difficult to discard. Given that generations of Chartered Accountants have studied and qualified within the context of a training contract, there still remains a strong association between Chartered Accountancy and the Training Contract. While the majority of our students certainly study under contract, Chartered Accountants Ireland has for many years offered a range of alternatives. With the advent of Elevation 2011, we are confident that Ireland’s premier business qualification is now attainable for everyone with talent and ability - a welcome initiative at a time of widespread economic hardship. Like any profession, the path to qualification is not easy and requires a high level of dedication. But the rewards that qualified Irish Chartered Accountants generate in terms of career satisfaction, salaries and advancement are remarkable. The Elevation Programme delivers the same standard of education as the traditional route via a training contract, but critically, the education and experience elements do not have to run concurrently. As an Elevation student you will sit the same exams as other students and will have to meet the same experience requirements that pertain to others. With the Elevation Programme you can gain recognition for prior work experience, avail of modular education and greater flexibility in how your practical experience is gained. You also benefit from the unrivalled support offered by an institute based in Ireland – a support team dedicated to serving the needs of our students and members. AT A GLANCE Entry Criteria: The Elevation Programme is available to graduates (including graduates from our partner body, Accounting Technicians Ireland), non-graduates and School Leavers. Candidates joining the Elevation programme with at least four years’ work experience prior to joining the Institute as a student may sit all exams up to and including the Final Admitting Exam (FAE) before getting relevant accountancy experience. If you come to Chartered Accountancy studies with less than four years’ work experience in any field, the only stipulation is that you must evidence one year’s relevant experience prior to sitting your final (FAE) exams. You will not be required to enter into a training contract. However when you wish to have experience recognised for Chartered Accountants Ireland membership, you should identify a Chartered Accountant or IFAC member in your workplace to act as a mentor, who will verify your recognised experience. Flexibility: The route will allow you to sit two subjects at a time up to and including the Chartered Accountant Proficiency 2 (CAP 2) examination. Experience Requirements: Having started the Elevation Programme as a student, you are required to obtain the same amount of recognised experience that applies to all those pursuing Chartered Accountancy studies: three years for recognised Masters in Accountancy; three and a half years for graduates and four years for Accounting Technicians Ireland qualified and non-graduates. This experience needs to be recorded on a periodic basis in the Chartered Accountants’ Diary of Professional Development and be verified by a Chartered Accountant of three years standing. It will be possible to claim credit for prior relevant experience, up to a maximum reduction in training period of 18 months. The Institute now recognises exemptions for ten years from graduation date. Time Limit: Upon entering the Elevation programme you will have a period of eight years from date of registration to complete your studies and to gain the requisite recognised experience to enable you to apply to become a member of the Institute. So read on and learn how Chartered Accountancy could be for you after all!
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