FAQ (Frequently Asked Questions)

1. Q: Why Accountancy?

A: Whether you have just started planning your working life and deciding which career path to follow, or have been working for a while and want to change direction, then why not consider accountancy as a career?

All organisations, large or small, all over the world, in each and every employment sector and in every kind of business, need someone that can understand and manage the finances. So choosing a career as a professional accountant will put you in global demand and provide you will excellent job prospects.

A career in finance will not put you in a box or limit your options, and with the right qualification, you could work in any country – accountancy is one of the few professions that transcends national borders. Finance professionals are in demand in places far afield – from the Bahamas to Cyprus– so once you have obtained the appropriate paperwork, it's less a case of 'where can you go?', and more 'where do you want to go?'

Whatever your career aspirations, if you are serious about a career as a finance professional, you need to think seriously about a professional accountancy qualification. There’s a lot to choose from. The choice you make now will affect your career options in the future.

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2. Q: LCCI Level 3: Certificate in Accounting is recognised as a GCE A-Level and if yes in what extend?

A: Level 1: Certificate in Bookkeeping, Level 2: Certificate in Bookkeeping and Accounts, and Level 3: Certificate in Accounting qualifications are accredited by the UK qualifications regulatory authority, the QCA (Ofqual).

In addition to this accreditation, Level 3: Certificate in Accounting and Level 3: Certificate in Accounting  (IAS) have been included on the UCAS tariff for entry into UK universities from 2009. Information on the tariff points awarded can be found at:

www.ucas.com

www.ucas.com/students/ucas_tariff/tarifftables/#accounting

www.ucas.com/students/ucas_tariff/factsheet/edi

EDI Level 3: Certificate in Accounting/Accounting (IAS)

Grade                                         Tariff Points

Distinction                                           120

Credit                                                  90

Pass                                                   70

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3. Q: Can I buy online any of the available Publications by KOLARIDES INSTITUTE?

A: Yes you can.

    Please visit the Publications section in www.kolarides.com

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4. Q: Can I use a debit/credit card to pay for Financial Qualifications, Training, and Publications by KOLARIDES INSTITUTE?

A: Yes you can. 

At both training locations:  KOLARIDES INSTITUTE - Strovolos/Lakatamia and

                                           KOLARIDES INSTITUTE - Pera Chorio-Nisou.

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5. Q: Can the LCCI Financial Qualifications be taught in English?

A: Language of instruction:  Greek.

    Jargon in class: English

    Accounting Textbooks: English

    Internal tests: English

    Final exams: English

Based on our training experience most of the people in the classroom use Greek to communicate with the tutor. 

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6. Q: Where can I find the results for all Pancyprian Accounting Olympiads?

A: The results for all Pancyprian Accounting Olympiads held up to now can be found in the link www.pekom.org.cy

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7. Q: Am I entitled to a grant by the Cypriot Human Resources Development Authority?

A: Based on the legal and institutional framework for the operation of HRDA (Human Resources Development Authority), the curriculum of educational institutes and colleges is not covered by a grant, irrespective if students are engaged employees in businesses or not.

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8. Q: What are the opening hours of KOLARIDES INSTITUTE - Strovolos/Lakatamia?

A: Monday, Tuesday, Thursday, Friday: 9:30 am - 1:00 pm &

                                                          3:00 - 7:00 pm   

     Wednesday: 3:00 - 7:00 pm

     Saturday: 9:00 am - 1:00 pm

     Sunday: Closed.

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9. Q: What are the opening hours of KOLARIDES INSTITUTE - Pera Chorio-Nisou?

 A:  Monday, Tuesday, Thursday, Friday: 3:00 - 7:00 pm   
      

       Saturday: 9:00 am- 1:00 pm

       Wednesday & Sunday: Closed.

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10. Q: What are the Institute's physical addresses?

A:  1.   KOLARIDES INSTITUTE - Strovolos/Lakatamia:

            13 Xanthipis Street, 2nd Floor, Strovolos CY-2052

      2.   KOLARIDES INSTITUTE - Pera Chorio-Nisou:

           10 Ippokratous Street, 2nd Floor, Nisou CY-2572

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11. Q: Do you offer any Educational Courses or issue Publications on the Administration of Deceased Estates in Cyprus?

A: KOLARIDES INSTITUTE does not offer any courses neither issues any publications on the Administration of Deceased Estates in Cyprus.

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