Chartered accountants work in many different settings: ranging from a sole practitioner of a firm, through an accountancy practice large or small or a Chief Executive of a multi national company.
In general the main areas in Jersey are audit, tax and accounts preparation. Forensic and Dispute Consulting also feature, where accountants can be called upon to provide expert witness services in court proceedings, carry out accounting or fraud investigations and the liquidation of companies that have gone bankrupt. They often provide regulatory consulting services. Although you will find some differences in tax legislation and structures, but the services are the same which ever jurisdiction you work in and you will be working with the same types of client. This means that your skills are easily transferable from company to company or whether you wish to work overseas.
The ‘Big Four’ accountancy firms are all well represented in Jersey and so are many of the other major international accountancy firms. There are many people working in the Jersey who have moved from the UK and overseas attracted by island life and the array of opportunities open to them. Likewise starting your career in Jersey can also open many doors if you wish to work in London or further a field and as practices are generally smaller than in the City, you will gain responsibility at an earlier stage in your career and will get exposure to a wider range of clients and industries.