Chartered Accountants Ireland

• Longest established (since 1888)

• Biggest in Ireland – 24,000 members

• Largest educator – over 6,000 students

• ‘Chartered’ – internationally recognised professional designation

• Leading voice of the accountancy profession in Ireland

9 course options

3,000 students on education

programmes 87 Lecturers

1400 lectures annually

Education Overview

What Makes Us Different?Ed

ucati

on

Train

ing

Su

pp

ort

Mem

bers

h ipR

ecog

nit

io n

Does book-keeping 57%

Works in an Accountancy firm 86%

Analyses numbers 71%

Advises on tax/ Audits accounts 43%

What do Chartered Accountants do? Student responses

Interprets financial data 27%

Works within companies to manage financial matters 14%

Works in accountancy firms to advise businesses 14%

Manages companies 0%

What do Chartered Accountants do?

What do Chartered Accountants do?

Advisebusinesses

and individuals

Where shouldFacebook locate?

Reportfor

decision-making

Should O2 launch their “48” network?

Manage businesses, solve

problems

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downloads?

65%35%

PracticeBusines

s

A Secure Job

98% employment

Area where there isa skills shortage

Starting salary 58,000

• So, what do we add to the book-keeping?Strategic thinkingAnalytical skills

Ethics & Professionalism

Objectivity

Perceptiveness of own knowledge, values and

limitations

Strategic Thinking & Problem Solving

Communication

Managing Self & Others:Leadership

IT Awareness

Project Management & Change Awareness

Stakeholder Management

Financial Reporting

Management Accounting &

Finance

Audit & Assurance

Tax & Law

Strategy

Required Competencies

CA

P1

&

C

AP2

Professional Education Programme

FinancialReporting

FinancialAccounting

Strategic Finance &

Management Accounting

Finance

Auditing &Assurance

Taxation II

Law for Accountants

Taxation I

Online CA Diary

Training Experience

Management Accounting

MA

NA

GEM

EN

TA

CC

OU

NTIN

G

& F

INA

NC

E

FIN

AN

CIA

L R

EP

OR

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AD

VIS

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Y S

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VIC

ES

WO

RK

EX

PER

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CE &

IT

SK

ILLS

FAE Core

FAE Elective

FINAL ADMITTING EXAMINATION

FAE Core (end point!)The purpose of this course is to develop students’ ability to assess the internal

and external environments and strategic processes affecting organizations

(both public and private) and to enable them to ethically play their part in

supporting the client/management team in their current and future roles –

whether as a member of the management team or as an external advisor

How do we get them there?

•A mix of education and trainingLecturesWorkshops/Case daysAssessmentsTraining elementCA Diary

Education

•Lectures•Workshops•Case days

Training

•Work experience requirement •CA diary

Assessment

• Terminal examinations

• Continuous assessments

• Increasing use of case studies

• Full case study exams at FAE

What is ethics?

Factors to consider in determining ‘right’ or ‘wrong’ include:

• Consequences of the action

• Motivation for the action

• Inherent ‘rightness’ of the action

Ethics

• What do we teach them?

• How do we teach it?

Leaving Certificate

•Suitable? students

Ethics & Professionalism

Objectivity

Perceptiveness of own knowledge, values and

limitations

Strategic Thinking & Problem Solving

Communication

Managing Self & Others:Leadership

IT Awareness

Project Management & Change Awareness

Stakeholder Management

Financial Reporting

Management Accounting &

Finance

Audit & Assurance

Tax & Law

Strategy

Required Competencies

Can progress to the Chartered Programme with exemptions, once the criteria has been met

Option 1School Leaver

Student studies for one year with Accounting Technicians Ireland

Must gain a Merit Pass in 1st year exams and 360 points in the Leaving Cert.

Can then progress to CAP 1

Student completes the Accounting Technician qualification

Complete a 3rd level Degree

Option 2Accounting Technicians

Option 3Third Level

Study with Chartered Accountants Ireland and receive exemptions based on degree

Entry Options

Optional Accountancy Master after some degrees