A Training Contract is a structured, supportive training model and it is the most popular route to the Chartered qualification. Most people who enter this route do so with an accountancy practice. The student in contract will remain with the practice for a defined time period (for graduates, the duration of a contract is three-and-a-half years; for recognised masters or postgraduates, three years; Accounting Technicians, four years).
Depending on the areas of practice, you can expect to gain experience in some or all of the following:
- Financial accounting & reporting
- Business finance
- Taxation & tax planning
- Auditing, internal control & corporate governance
- Information systems & management
- Financial services
See more on work experience.
Who is aTraining Contract suited to?
Benefits of a Training Contract
- All education and exam fees paid
- Study and exam leave assured
- Exposure to quality, professional accountancy experience
- Mentored by senior Chartered Accountants
- Salary that increases in line with exam progression
- Strong foundation in skills such as audit, tax, or financial services for careers in either practice or business
It is also possible to work in a practice environment, under the Flexible Route.
HOW DO I START?
Larger accountancy firms offer their training places after interviews with final year students (known as the annual ‘milk round’). You can contact your college careers advisor or visit the firms’ websites. Remember that smaller practices also offer training contract places and provide comprehensive training. Check out the list of authorised training firms with current positions at www.charteredaccountants.ie/vacancies or make contact with firms in your area.
Have a query? Contact us, email email@example.com or call (RoI) 1890 28 29 28 (NI) 028 9043 5840.