accounting, tax

You Have Just Passed Your ACCA Exams in Dublin, What's Next?

Congratulations on passing your exams! However, sitting the ACCA exams in Dublin is not enough to qualify you as a member of ACCA. To become a member of the Association of Chartered Certified Accountants, you must first complete a number of tasks.

The Professional Ethics Module

This ethics module is a requirement for all prospective ACCA members. Here you will learn how to correctly conduct yourself as a professional accountant and you are encouraged to enhance your ethical development also. The course is broken into 9 sections, all of which you complete in your own time. The module is not assed however it is marked n a complete/incomplete basis. While it is not assessed it is a crucial part of developing into a respected professional in the industry.

Work experience

Each candidate is required to have logged 36 months of relevant work experience to qualify as an ACCA member. Working in the accounting or finance field, you will be able to gain the necessary practical experience. This is designed to make sure you get relevant experience to enhance your professional development. You will be required to find a workplace mentor who will monitor your performance.

13 Performance Objectives

Upon completion of your work experience you will be required to complete a report detailing your experience. You will have to answer 13 questions surrounding your placement. Your mentor will then have to review your report and sign off on your work.

Logging Your Work

The ACCA website allows you to register with them. Here, you can apply to become a member and log your work experience hours. You will be able to view a progress report and will even get notifications if you have been inactive on the website for more than 90 days. You can use the tool to view how close you are to being a qualified candidate to become an official ACCA member.

So students, sitting your ACCA exams in Dublin are not enough to grant you membership. There are a number of further steps you must take however, upon completing the steps; you are on the right tract to becoming part of the Association of Chartered Certified Accountants.

budgeting, tax

Don’t be Scammed by Fake IRS Communications

The Internal Revenue Service receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal Revenue Service. Many of these scams fraudulently use the Internal Revenue Service name or logo as a lure to make the communication more authentic and enticing. The goal of these scams – known as phishing – is to trick you into revealing personal and financial information. The scammers can then use that information – like your Social Security number, bank account or credit card numbers – to commit identity theft or steal your money.

Here are five things the IRS wants you to know about phishing scams:

The IRS doesn’t ask for detailed personal and financial information like PIN numbers, passwords or similar secret access information for credit card, bank or other financial Internal Revenue Service does not initiate taxpayer communications through e-mail and won’t send a message about your tax account. If you receive an e-mail from someone claiming to be the IRS or directing you to an IRS site:

If you receive a phone call, fax or letter in the mail from an individual claiming to be from the IRS but you suspect they are not an IRS employee, contact the IRS at 1-800-829-1040 to determine if the IRS has a legitimate need to contact you. Report any bogus can help shut down these schemes and prevent others from being victimized. Details on how to report specific types of scams and what to do if you’ve been victimized are available at , keyword “phishing.”