I’ve completed 2 years of my Practical Experience Requirement (PER), but I still feel unprepared to be considered a “qualified” accountant. With 3 exams and 1 year of PER remaining, I aim to finish my exams by this time next year. Currently, I’m working in management Accounting, and I’m concerned that a year from now, I won’t have gained enough experience to feel confident in my qualifications.
So far, my experience includes accounts payable, accounts receivable, payroll, preparing tax returns, bank reconciliations, and various other tasks. However, I’ve never actually prepared financial statements, and I’m anxious that I may still lack this experience by the time I am officially “qualified.”
Has anyone else faced similar feelings? I’d really appreciate any advice on how to address this!
One response
It’s completely normal to feel unsure about your qualifications, especially when you’re nearing the end of your journey. Many people in your position have felt the same way, so you’re not alone. Here are a few thoughts and suggestions that may help:
Value of Diverse Experience: While preparing financial statements is a key area, your experience in management Accounting, accounts payable (AP), accounts receivable (AR), payroll, and tax returns is incredibly valuable. Each of these areas contributes to a well-rounded understanding of financial processes.
Seek Opportunities: If you’re concerned about not having prepared financial statements, consider seeking opportunities within your current role or in your organization to get involved in that area. Talk to your manager about your desire to gain this experience and see if there are projects or tasks you could assist with.
Networking: Connect with other professionals in your field. They can provide insights and tips on how they gained their experiences. You might find mentorship opportunities that can guide you through the transition from your current position to broader responsibilities.
Continuous Learning: The learning doesn’t stop once you’re qualified; it’s a lifelong journey. Use this time to fill in the gaps in your knowledge. There are many resources available, such as online courses, workshops, and seminars focused on financial statement preparation and other advanced topics.
Stay Positive: It’s important to acknowledge your achievements so far. You’ve managed to complete two years of your Professional Experience Requirement (PER) and are making progress through your exams. Focus on the skills and knowledge you have acquired rather than what you feel you lack.
Self-Awareness: Recognize that feeling unqualified is something many go through. It’s part of professional growth. Rather than comparing yourself to an ideal, focus on your unique skills and how you can continue to develop them.
Talk to Your Peers: Sometimes, discussing your worries with fellow candidates or professionals can provide reassurance. They may share similar experiences or strategies they’ve employed to gain confidence in their skills.
Remember, your qualification doesn’t solely rest on a checklist of tasks you’ve completed but rather on your overall understanding of the field and the ability to continue learning and growing. You’ve got this!