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ACCA papers to became Financial controller

Forums › ACCA Forums › General ACCA Forums › ACCA papers to became Financial controller

  • This topic has 3 replies, 3 voices, and was last updated 11 years ago by Avatarseagoat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • February 16, 2015 at 10:31 pm #228718
    Avatarvinukmathews
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    Hi, i wanted to know which professional papers should i choose to became a financial controller?
    tnxs

    February 17, 2015 at 12:24 pm #228879
    Avatarseagoat
    Member
    • Topics: 22
    • Replies: 572
    • ☆☆☆☆

    P5 and P7. It’s not like they make you financial controller but they are the closest amongst all other.

    February 17, 2015 at 2:34 pm #228917
    Avatarcarl29
    Member
    • Topics: 14
    • Replies: 245
    • ☆☆☆

    Being in the position myself, I would suggest P4 and maybe P5, I took P6, which has its own benefits in the role, but looking back, i think P5 would have been better

    I agree in some ways with P7 as Seagoat suggests, as you will need to ensure everything is of audit standard, but I have got by OK with my F8 knowledge

    It might depend on the environment you are looking at working in too, and FC in smaller firm would need a wider range of knowledge than in a multinational

    February 17, 2015 at 3:13 pm #228928
    Avatarseagoat
    Member
    • Topics: 22
    • Replies: 572
    • ☆☆☆☆

    I agree it really depends to industry / corporate you will be working in and size of business.

    I suggested P7 because as fin. controller you will probably have to deal with auditors – so it is good to understand their point of view.

    Budgeting, forecasting, monthly reporting, consolidations (monthly, yearly) – quite big firm in heavy industry – im not fin. controller myself but those are main duties.

    Financial Controller is broad term – I would say MS Excel / Data bases / VBA is more important for Fin Controller than P papers.

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