Sunday, July 28, 2013

Can i train to be an accountant while on a dmp?

Can i train to be an accountant while on a dmp?
I want to be an accountant but am on a debt management plan.Would i still be able to train and get a job?
Australia - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You can try but I think you would be unsuccessful. The mere fact that you are in a dmp shows that you have had some personal issues that would not be compatible with the management of other peoples personal financial affairs.
Answer 2 :
Hi It may depend on how much debt is still outstanding on your plan, and the kind of accountancy job you apply for after training. A DMP is not a legally binding arrangement and is a way of paying back your outstanding debt in one affordable payment. If your circumstances changed and your only option was bankruptcy, then it could affect your career. I would recommend that you contact ACCA. I have attached a link for you. http://uk.accaglobal.com/ They will be able to confirm where you stand regarding this Kind Regards Sue

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