CIPFA

29 September 2011 - 5:11am
David53

This area of accountancy is specialised and the demand of it seems to be constant.
It is interesting that the entry requirements are quite soft but that one needs to be working in an area where the wrk experience is appropriate.
The requirements are:
A minimum of 3 GCSE's (grades A-C) and 2 A-levels (grade A-C) or equivalent, or the Scottish, Northern or Southern Irish equivalents. Subjects must include Maths and English at either level.

BTEC and SCOTVEC National Certificates are also accepted.

The minimum vocational qualification is an NVQ/GNVQ at Level 3, or the Scottish equivalent.

If you are mature i.e. over 21 and have 3 years work experience, and are sponsored by your employer you also qulaify.

All seems very easy when you consider the roles in the local economy of NHS that they play.

Can anyone shed any light on how tough the actual exams are and what the job opps. are after qualifying. Is it is easy to move out of public finance after qualifying?Are the skills easily transferable?

Latest comments

  • 1 October 2011 - 2:36pm
    • Pomponian

    Hi Stella

    Interesting thoughts. By mixing morality and accountants you did put a smile in my face!!

    I take the view that almost all of us who have any relationship with accounting will be surprised at the level of academic entry standards. I agree with you that the focus that is being placed on Public Finance requires not only integrity but also a high degree of accounting ability and understanding of economics both national and international. It is of course wrong to tar all CIPFA's with the same brush but I would ask if those who have qualified would pass either ACA orr ACCA?

    It is immensely difficult to understand the reason for the lower level of admission status and as David53 wrote "Can anyone shed any light on how tough the actual exams are and what the job opps. are after qualifying."

    If we recall the way in which so many councils were opportunist in the way that they invested money in the Iceland banks and the aftermath of that an upping of the standards might be good?


  • 30 September 2011 - 10:41am
    • StellaM

    Well I’m a bit confused too with this qualification. There is no doubt that the issue of public finance has gained much greater attention in recent years and therefore it isn't surprising that many organisations are looking to increase the amount of individuals who are skilled in dealing with the area of public finance, but equally I am slightly confused by the seemingly softer entry-level that are associated with disqualification. Surely the area of public financing should be at least on par with private financing aberrations are just as complex and in fact there are other dimensions such as morality which need to be taken into account.
    I have also heard several individuals claim that they can cause very challenging although I'm not sure whether this is down to the fact that there are quite low entry-level therefore those individuals undertaking the course may be not as academically prepared as those entries other causes would be. If the entry levels were increased to be more on a par with other similar courses then it may be that the level of individual struggling with decreased in the past rate of increase.
    Personally I can see no reason as to why they should be considerably lower entry-level for this qualification and in reality I feel they should be even higher particularly as we are looking to increase confidence levels in public financing. By creating a general degree of studying public finances easier and private finance were doing very little as an industry to regain consumer confidence.
    Just my thoughts!
    S