what are accountant qualifications?
what degree course will i need to do in university to be accountant in a featuer?
Other - Taxes - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Well i did book keeping which you will need to know in accountancy, and you will prob need to study a sage 50 course. Most up to date programme used in book keeping. If you keep ya head in the books you could learn the whole of sage in just under a year i think. i did it in a year. Good luck and keep at it, great money in accountancy, well worth the work when you get paid the right money!! I just wanted to add Snakey B is correct but if you don't do a prope degree in in it you will only be able to take the salary offered in the job placment. If you have all the right degrees in all the correct sectors you can negotiate your salary. In other words take the salary you think you are worth which should be 80 grand a year, but it will take you a good few years to get there. But would you rather be on 40 or 80 grand p/a? I know which 1 id go for lol
Answer 2 :
You have to be an ace at mathematics that's for sure. http://www.witanjardine.co.uk/accountancy-jobs/qualifications.asp this is a site that gives some examples of courses and what to expect from them.
Answer 3 :
1. Commerce degree, 2. Certified public accountant course, and 3. Learn computer softwares used for accountancy
Answer 4 :
You don't have to do accountancy at University to be an accountant. When you join an accountancy firm you will be on a three-year training contract at the end of which you will have a professional accountancy qualification (ACA, usually). After that, nobody will ever even ask you what subject your degree was in. You need to concentrate on getting a 2:1 in a good subject (i.e. an academic subject) at the best University that you can get into. I know accountants who have degrees in Accountancy, Economics, Mathematics, Law, Politics etc (which are the ones you would expect and I guess are the answer to your question if you REALLY don't care what you study for three whole years of your life as long as it gets you into accountancy) but I also know accountants who have degrees in Zoology, Chemistry and various languages. You will need a slightly different answer to the question "what made you want to become an accountant", that's all. My advice to you on a personal level would be to study something that you enjoy and also to bear in mind that you will be doing accountancy for 45 years so there is no need to rush into it at 18 when it will still be there waiting for you at 21. This is your chance to do something a bit different before you settle! In addition, try to get some decent holiday work experience and/or extra-curricular activities that will give you something to talk about at interviews and also demonstrate skills that people look for in an employee such as the ability to work in a team, handle responsibility etc. At the firm I work for, we look for 2:1 graduates in something academic at a University with a good reputation (as I said above). We also require good grades at English and Maths at GSCE level. There is also a numeracy test to pass before you get offered an interview. So if you're not naturally good with numbers you might want to study some Maths just to be sure that you will pass it.
Answer 5 :
You need to get a B.B.A degree with as many hours of accounting you can get: Elementary Accounting, Intermediate Accounting, Advanced Accounting, Auditing, Business Law, governmental accounting, and cost accounting. It would also help to get an MBA degree, but after taking all those courses for my BBA, I only took one accounting course in my MBA courses.
Answer 6 :
Any business school will offer a BA in accounting.
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Wednesday, December 28, 2011
Wednesday, December 14, 2011
Does anybody know how much it costs to do the Accountant Technician course (AAT)? UK only please.?
Does anybody know how much it costs to do the Accountant Technician course (AAT)? UK only please.?
I am researching doing the course but am having no luck with finding the fee. Many thanks.
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
most colleges do a part time course for this, an ex-colleague did it, I think they paid around £1500 for the term inclusive of exams
Answer 2 :
I did it a few years ago but have no idea what the cost is now. BUT, your local college should have the fees listed on their online prospectus. Some will charge a single fee that includes books, exan fees etc. Some will have cheaper course fees but you buy your own books and pay for exams yourself. What college are you thinking of?
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I am researching doing the course but am having no luck with finding the fee. Many thanks.
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
most colleges do a part time course for this, an ex-colleague did it, I think they paid around £1500 for the term inclusive of exams
Answer 2 :
I did it a few years ago but have no idea what the cost is now. BUT, your local college should have the fees listed on their online prospectus. Some will charge a single fee that includes books, exan fees etc. Some will have cheaper course fees but you buy your own books and pay for exams yourself. What college are you thinking of?
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Wednesday, December 7, 2011
I'm a freelance Bookkeeper/Accountant . I need to advertise to get more work?
I'm a freelance Bookkeeper/Accountant . I need to advertise to get more work?
I want to get moe work on a weekly basis. I do All Account from the begining to Balance sheet Im computer literate Im wWestern european and speak Englist since I was born I can also act as PA to Managers or Directors and do Administration work I need to advertise my services somewhere that will bring me replies and get me work
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i advertised my small business on yell.com and then it goes in the yellow pages automatically. that's given me great results. wish you well.
Answer 2 :
In the past, what I have found to be most effective - and cheapest - is the note through the letter-box. Draft a decent letter with details of your charges, as far as you can offer such details, produce it as professionally as you can, and hand-deliver it to as many doors as you can. Lots of people work at home, so an ordinary house may conceal a worker who needs your help.
Answer 3 :
Have you thought about putting an ad in your local Post Office window? Quite often work can come in this way and word of mouth can sometimes be the best method. There is always the local paper but sometimes ads can be quite expensive. I do not know if you have got a website but if you do here is a list of places to submit it to. I did this for mine to try and increase traffic. www.dmoz.org www.great-british-pages.co.uk www.searchsight.com www.jayde.com www.dreamsubmit.net www.freeindex.co.uk www.smilelocal.com www.askyourneighbour.co. uk www.mylocalservices.co.u k www.uksmallbusinessdirec tory.co.uk www.hotfroguk.co.uk www.thelocalweb.net www.thomsonlocal.com www.touchlocal.com www.businessclassified.c o.uk www.yell.com www.smilelocal.com www.ufindus.com www.submitexpress.com/ Some of them will want to try and get money out of you for premier listings so I would suggest you just go for the free option every time. If you haven't got a website it may be worth thinking about creating a nice simple one. There are places on the web that you can build a site for free/very little money. Have a look at www.doyourownsite.co.uk, you can build a site for less than £60. Good luck and I hope this helps!
Answer 4 :
Post a FREE local services advert on Ebay http://localservices.ebay.co.uk/ Advert in the local paper Cobble together some A4 posters to stick up in local shops / post offices + mail to local businesses. Register on various job websites & upload your CV on ones that'll let you... apply for Bookkeeping/accountant/PA vacancies, stating that you're a freelancer in the application. http://www.jduck1979.co.uk/html/jobs.html
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I want to get moe work on a weekly basis. I do All Account from the begining to Balance sheet Im computer literate Im wWestern european and speak Englist since I was born I can also act as PA to Managers or Directors and do Administration work I need to advertise my services somewhere that will bring me replies and get me work
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i advertised my small business on yell.com and then it goes in the yellow pages automatically. that's given me great results. wish you well.
Answer 2 :
In the past, what I have found to be most effective - and cheapest - is the note through the letter-box. Draft a decent letter with details of your charges, as far as you can offer such details, produce it as professionally as you can, and hand-deliver it to as many doors as you can. Lots of people work at home, so an ordinary house may conceal a worker who needs your help.
Answer 3 :
Have you thought about putting an ad in your local Post Office window? Quite often work can come in this way and word of mouth can sometimes be the best method. There is always the local paper but sometimes ads can be quite expensive. I do not know if you have got a website but if you do here is a list of places to submit it to. I did this for mine to try and increase traffic. www.dmoz.org www.great-british-pages.co.uk www.searchsight.com www.jayde.com www.dreamsubmit.net www.freeindex.co.uk www.smilelocal.com www.askyourneighbour.co. uk www.mylocalservices.co.u k www.uksmallbusinessdirec tory.co.uk www.hotfroguk.co.uk www.thelocalweb.net www.thomsonlocal.com www.touchlocal.com www.businessclassified.c o.uk www.yell.com www.smilelocal.com www.ufindus.com www.submitexpress.com/ Some of them will want to try and get money out of you for premier listings so I would suggest you just go for the free option every time. If you haven't got a website it may be worth thinking about creating a nice simple one. There are places on the web that you can build a site for free/very little money. Have a look at www.doyourownsite.co.uk, you can build a site for less than £60. Good luck and I hope this helps!
Answer 4 :
Post a FREE local services advert on Ebay http://localservices.ebay.co.uk/ Advert in the local paper Cobble together some A4 posters to stick up in local shops / post offices + mail to local businesses. Register on various job websites & upload your CV on ones that'll let you... apply for Bookkeeping/accountant/PA vacancies, stating that you're a freelancer in the application. http://www.jduck1979.co.uk/html/jobs.html
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Thursday, December 1, 2011
i have got hnd accounting no experience do i have a chance to get assistant accountant job?
i have got hnd accounting no experience do i have a chance to get assistant accountant job?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Its hard to get a good job without any experience, but as you have the qualification then you do have a chance of getting an entry level job with a company. Perhaps you could start off with a temp agency to try and get some experience before you get a full time job with one company.
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Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Its hard to get a good job without any experience, but as you have the qualification then you do have a chance of getting an entry level job with a company. Perhaps you could start off with a temp agency to try and get some experience before you get a full time job with one company.
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Monday, November 28, 2011
How much did the accountant get for his flawed counting after the christian leader Hitler's dead?
How much did the accountant get for his flawed counting after the christian leader Hitler's dead?
was the accountant on dope or something to come up the that silly figure?
Religion & Spirituality - 13 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
And I suppose you have the actual figure of how many people were murdered by the Nazi regime? Think anyone will pay you any cash for your silly, flawed thinking?
Answer 2 :
Because if you can't ask vague questions about Hitlers banking practices HERE, where CAN you ask them?
Answer 3 :
Hitler was not a Christian, He was born Catholic,but was into the occult and evil.He was never a Christian.
Answer 4 :
1.) Hitler was not a Christian. He didn't use any Christian scriptures or belief's for his murder. I think you are confused. Hitler had a serious medical condition and thought he was "Christ-Like" not Christian. He felt he was born to Jewish parents, and he was special and considered himself like "Christ" and wanted people to follow him like they did "Christ" I suggest you watch a documentary on Hitler and his profile the CIA did on him during his power and after speaking with people who knew him. Silly figure? He was in charge of killing millions of innocent jewish people, Including babies. Sick man.
Answer 5 :
can you prove its wrong or just being silly
Answer 6 :
What are you talking about? What flawed counting? Do yourself a favor. Go to Dachau, and look in the "death rooms" and the ovens, and try that question again. I've SEEN them, first-hand. It is ABSOLUTELY possible that more than 50,000 people perished there. And HUNDREDS of concentration camps popped up all over Europe between 1939 and 1945. It was the Nazis' own bookkeeping that came up with that number. Have you seen pictures of the mass graves? It's not pretty.
Answer 7 :
g-whiz your wrong Hitler was a Christan he practiced it and everything. Just because you don't want him to be because it ruins the name doesn't mean he isn't. I doesn't matter if he was evil he still praised god.
Answer 8 :
Hooked on phonics
Answer 9 :
Cyrus, Cyrus, Cyrus....sigh I just hope for your sake that you're just trying to get a rise out of people. If this IS a sincere question....you're an idiot!
Answer 10 :
What the hell kind of question is that? Hitler was a vile excuse for a human being, too cowardly to face his own fate. He used Christian fervor and dogma to lead his people into mass genocide. What the number dead was becomes irrelevant. He preached the destruction of a people different than him. There are many preachers alive today who call for the destruction of Gays, Muslims, and those they deem sexual deviants. Just because they don't order the actual killing doesn't make them any less evil.
Answer 11 :
Why oh why' do you contribute Hitler to a Christian, My brothers as children went to a catholic school and church, But' now they wouldn't be seen dead in church, You have picked that Idea up, and now use it to belittle Christians, We all change our beliefs,
Answer 12 :
What proof is there that Hitler was a Christian? What proof that the figures are wrong, assuming you are referring to the 6 million plus that died in his concentration and death camps? The burden of proof is on you. Prove somehow that Hitler was a Christian and that the figures were wrong or skewed in some way. Then you can start asking sensible questions that are not so vague or openly offensive to Holocaust survivors and their descendants.
Answer 13 :
"But I tell you: Love your enemies and pray for those who persecute you" - Matthew 5:44 Was this what Hitler practised then? Do you follow this teaching as well?
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was the accountant on dope or something to come up the that silly figure?
Religion & Spirituality - 13 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
And I suppose you have the actual figure of how many people were murdered by the Nazi regime? Think anyone will pay you any cash for your silly, flawed thinking?
Answer 2 :
Because if you can't ask vague questions about Hitlers banking practices HERE, where CAN you ask them?
Answer 3 :
Hitler was not a Christian, He was born Catholic,but was into the occult and evil.He was never a Christian.
Answer 4 :
1.) Hitler was not a Christian. He didn't use any Christian scriptures or belief's for his murder. I think you are confused. Hitler had a serious medical condition and thought he was "Christ-Like" not Christian. He felt he was born to Jewish parents, and he was special and considered himself like "Christ" and wanted people to follow him like they did "Christ" I suggest you watch a documentary on Hitler and his profile the CIA did on him during his power and after speaking with people who knew him. Silly figure? He was in charge of killing millions of innocent jewish people, Including babies. Sick man.
Answer 5 :
can you prove its wrong or just being silly
Answer 6 :
What are you talking about? What flawed counting? Do yourself a favor. Go to Dachau, and look in the "death rooms" and the ovens, and try that question again. I've SEEN them, first-hand. It is ABSOLUTELY possible that more than 50,000 people perished there. And HUNDREDS of concentration camps popped up all over Europe between 1939 and 1945. It was the Nazis' own bookkeeping that came up with that number. Have you seen pictures of the mass graves? It's not pretty.
Answer 7 :
g-whiz your wrong Hitler was a Christan he practiced it and everything. Just because you don't want him to be because it ruins the name doesn't mean he isn't. I doesn't matter if he was evil he still praised god.
Answer 8 :
Hooked on phonics
Answer 9 :
Cyrus, Cyrus, Cyrus....sigh I just hope for your sake that you're just trying to get a rise out of people. If this IS a sincere question....you're an idiot!
Answer 10 :
What the hell kind of question is that? Hitler was a vile excuse for a human being, too cowardly to face his own fate. He used Christian fervor and dogma to lead his people into mass genocide. What the number dead was becomes irrelevant. He preached the destruction of a people different than him. There are many preachers alive today who call for the destruction of Gays, Muslims, and those they deem sexual deviants. Just because they don't order the actual killing doesn't make them any less evil.
Answer 11 :
Why oh why' do you contribute Hitler to a Christian, My brothers as children went to a catholic school and church, But' now they wouldn't be seen dead in church, You have picked that Idea up, and now use it to belittle Christians, We all change our beliefs,
Answer 12 :
What proof is there that Hitler was a Christian? What proof that the figures are wrong, assuming you are referring to the 6 million plus that died in his concentration and death camps? The burden of proof is on you. Prove somehow that Hitler was a Christian and that the figures were wrong or skewed in some way. Then you can start asking sensible questions that are not so vague or openly offensive to Holocaust survivors and their descendants.
Answer 13 :
"But I tell you: Love your enemies and pray for those who persecute you" - Matthew 5:44 Was this what Hitler practised then? Do you follow this teaching as well?
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Monday, November 14, 2011
What is a senior accountant?
What is a senior accountant?
And how do I become one? I know what an accountant is, but not a senior one. Do I need A-level maths?
Careers & Employment - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No just age lol, you get a better rate as the government don't tax you the same.
Answer 2 :
A senior accountant is an accountant who has risen to a senior position in his practice. You'll need to have A levels to go on to study accountancy
Answer 3 :
Social class 1,if your Father was not one forget it.
Answer 4 :
You have to have alot of experience as an accountant, before you can become a senior accountant.. Senior, means you have the highest level of experience relative to that company.... You don't necceassrly have to have say a masters degree... but that dosen't hurt... It's also unlikley you will be hired as a senior accountant on day one.. And judgeing by the question, you first have to become a humble accountant... then say after 6-10 years or so, you can start thinking about a senior accountant possition.
Answer 5 :
This is a job titile based typically on experience. If you have a degree in Business/Accounting is the best starting place. I started as a Staff Accountant just out of college, and after about 3 years of experience, I qualify for Senior Accountant status. It varies by company, but typically you get to a senior level the longer you are in the field.
Answer 6 :
There are a number of levels in accountancy, and a Senior accountant is simply one that has all the qualifications and a lot of experience. In the UK there is no need to have 'A' Levels in order to train as an accountant, if you are able to get a training contract with a reputable firm, they will pay for your tuition, starting with AAT (Association of Accounting Technicians), or ACCA's CAT qualification, and moving through to one of a number of other qualifications, (depending on your/the employers' preferences). For further information look at the AAT website (www.aat.co.uk), they may even be able to assist you with finding an employer who will take you on as a trainee.
Answer 7 :
I've been a qualified chartered accountant (ACCA) for several years now and I have never seen a job advertisement for a 'senior accountant'. I'm not sure where you got this phrase from! However, there are basically three levels of accountant. Firstly those who have no qualifications at all who once they have gained several years of experience are often referred to as 'qualified by experience'. Secondly, there are the accounting technicians (AAT or CAT) who are qualified to carry out work as lower level finance professionals. Finally, there are the chartered bodies (ACCA, CIMA, CIPFA and ICAEW). If you are a member of one of these bodies then you are legally entitled to call yourself a chartered accountant. Although the chartered accountancy qualifications are the top qualifications in the accountancy world in terms of status and financial reward you will still need to gain several years of post qualification experience in order to rise through the ranks to become a partner (in public practice) or a finance director (in industry). Therefore, I would conclude, that a senior accountant is a qualified chartered accountant with several years of post qualification experience. As for your other query. You do not need A level maths in order to become a chartered accountant. However, you will need a good grade in your Maths GCSE.
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And how do I become one? I know what an accountant is, but not a senior one. Do I need A-level maths?
Careers & Employment - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No just age lol, you get a better rate as the government don't tax you the same.
Answer 2 :
A senior accountant is an accountant who has risen to a senior position in his practice. You'll need to have A levels to go on to study accountancy
Answer 3 :
Social class 1,if your Father was not one forget it.
Answer 4 :
You have to have alot of experience as an accountant, before you can become a senior accountant.. Senior, means you have the highest level of experience relative to that company.... You don't necceassrly have to have say a masters degree... but that dosen't hurt... It's also unlikley you will be hired as a senior accountant on day one.. And judgeing by the question, you first have to become a humble accountant... then say after 6-10 years or so, you can start thinking about a senior accountant possition.
Answer 5 :
This is a job titile based typically on experience. If you have a degree in Business/Accounting is the best starting place. I started as a Staff Accountant just out of college, and after about 3 years of experience, I qualify for Senior Accountant status. It varies by company, but typically you get to a senior level the longer you are in the field.
Answer 6 :
There are a number of levels in accountancy, and a Senior accountant is simply one that has all the qualifications and a lot of experience. In the UK there is no need to have 'A' Levels in order to train as an accountant, if you are able to get a training contract with a reputable firm, they will pay for your tuition, starting with AAT (Association of Accounting Technicians), or ACCA's CAT qualification, and moving through to one of a number of other qualifications, (depending on your/the employers' preferences). For further information look at the AAT website (www.aat.co.uk), they may even be able to assist you with finding an employer who will take you on as a trainee.
Answer 7 :
I've been a qualified chartered accountant (ACCA) for several years now and I have never seen a job advertisement for a 'senior accountant'. I'm not sure where you got this phrase from! However, there are basically three levels of accountant. Firstly those who have no qualifications at all who once they have gained several years of experience are often referred to as 'qualified by experience'. Secondly, there are the accounting technicians (AAT or CAT) who are qualified to carry out work as lower level finance professionals. Finally, there are the chartered bodies (ACCA, CIMA, CIPFA and ICAEW). If you are a member of one of these bodies then you are legally entitled to call yourself a chartered accountant. Although the chartered accountancy qualifications are the top qualifications in the accountancy world in terms of status and financial reward you will still need to gain several years of post qualification experience in order to rise through the ranks to become a partner (in public practice) or a finance director (in industry). Therefore, I would conclude, that a senior accountant is a qualified chartered accountant with several years of post qualification experience. As for your other query. You do not need A level maths in order to become a chartered accountant. However, you will need a good grade in your Maths GCSE.
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Monday, November 7, 2011
how can i become a charted accountant? please answer?
how can i become a charted accountant? please answer?
if i go to college and do A levels and then go to university and do the undergraduate course in accountancy and if if pass. what do i do next. i got bad grades at gcse (its a grade-D for english) to become a CA do i need to join ACCA, ICAEW, CIMA, CIPFA or anything like that and do they have any entry requriments. (i mean do they look at my gcses) thanks pleeease answers clearly
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You get a job at an accountancy firm and take articles.
Answer 2 :
You can start most accountancy qualifications with no educational qualifications at all. If you wanted you could just as easily skip the whole 'college, university' thing but you would have to pay your own tuition fees unless you are working for a company willing to pay them. This is the case with most professional courses. CIMA, which I am studying and my wife is fully qualified in, starts you off with five certificate level exams and then hits you with ten professional ones. But you do not need a single prior qualification to do this although I won't lie to you; it's not exactly easy. End result you are qualified to the equivalent of a Masters degree. Seriously though, there's a lot of reading and writing involved. I'd advise you to brush up on your English. Bear in mind that being taught in school is vastly different from being taught when you are older. School is full of people who don't want to be there; college and university, even adult learning centres, are full of people who want to learn. Go for it just the same. Glad to see you're being realistic.
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if i go to college and do A levels and then go to university and do the undergraduate course in accountancy and if if pass. what do i do next. i got bad grades at gcse (its a grade-D for english) to become a CA do i need to join ACCA, ICAEW, CIMA, CIPFA or anything like that and do they have any entry requriments. (i mean do they look at my gcses) thanks pleeease answers clearly
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You get a job at an accountancy firm and take articles.
Answer 2 :
You can start most accountancy qualifications with no educational qualifications at all. If you wanted you could just as easily skip the whole 'college, university' thing but you would have to pay your own tuition fees unless you are working for a company willing to pay them. This is the case with most professional courses. CIMA, which I am studying and my wife is fully qualified in, starts you off with five certificate level exams and then hits you with ten professional ones. But you do not need a single prior qualification to do this although I won't lie to you; it's not exactly easy. End result you are qualified to the equivalent of a Masters degree. Seriously though, there's a lot of reading and writing involved. I'd advise you to brush up on your English. Bear in mind that being taught in school is vastly different from being taught when you are older. School is full of people who don't want to be there; college and university, even adult learning centres, are full of people who want to learn. Go for it just the same. Glad to see you're being realistic.
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Tuesday, November 1, 2011
Selfemployed, do you do your own tax return, or use an accountant?
Selfemployed, do you do your own tax return, or use an accountant?
United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Use an accountant, they'll save you more money than they cost.
Answer 2 :
i use an accountant. the tax tables are soooo complicated and you might miss a deduction if you do it yourself
Answer 3 :
I used to use an accountant. But, I did not find it to be a good value. For one, he did not spend as much time on my return as I am willing to, and I find that the more time and effort I put into it, the more advantages I am able to find. A lot of legitimate deductions and tax credits get overlooked, no matter how good the accountant. Plus, he charged us $700 just to do a basic sole proprietor tax return. It might have been worth it, but all he did was fill out the forms. What he didn't do was advise us on decisions we would have to make in regard to our business that could have huge tax implications. We got hit with a $10,000 tax bill because of that, and we could have made different decisions with a different outcome. For that amount of money, I was willing to become educated in tax preparation. When I get stumped, I pay an hourly rate to an enrolled agent, which is a CPA with additional training and certification who is eligible to represent taxpayers before the IRS. This have saved my family thousands of dollars in tax preparation fees, and I think, thousands of dollars in bad decisions we didn't make! Also, I always use tax preparation software, but that is not all that I do. The software is only as good as your knowledge. In other words, it does the calculations for you, but you still need to know what to look for. I study as much as I can on the IRS website and from other financial resources.
Answer 4 :
Personally I do it myself. The self assessment online form pretty much works it all out for you, it's easy. The main thing an accountant will do is make sure you are claiming everything you can against tax. But if you put yourself in the picture, which isn't that hard when the tax office give you pretty much all the info you need, I don't think an accountant is essential, particularly if like me you have a small business with a low turn over. Hardly seems worth paying somebody £200 to fill in a form I can do myself. At the end of the day it's down to you and how confident you feel in doing it yourself.
Answer 5 :
You can do your own return but it is time consuming and you do not know any or all of the legal money saving wrinkles. An accountant will usually charge you less than he saves you.
Answer 6 :
Invest in a do it yourself program like 'Taxcalc'.
Answer 7 :
The key issue that most people miss is that filling in the form is probably only 5% of the work that an accountant has to do. the other 95% is preparing the figures ready to put on the form ie profit and loss accounts,balance sheet, tax computations etc. A tax return filed from a reputable accountant always looks better than one filed by the individual himself and the accountant is far less likely to make basic errors which often lead to an enquiry. Furthermore if the business expands rapidly an accountant will be able to take the relevant action within the statutory time limits thus avoiding penalties.
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United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Use an accountant, they'll save you more money than they cost.
Answer 2 :
i use an accountant. the tax tables are soooo complicated and you might miss a deduction if you do it yourself
Answer 3 :
I used to use an accountant. But, I did not find it to be a good value. For one, he did not spend as much time on my return as I am willing to, and I find that the more time and effort I put into it, the more advantages I am able to find. A lot of legitimate deductions and tax credits get overlooked, no matter how good the accountant. Plus, he charged us $700 just to do a basic sole proprietor tax return. It might have been worth it, but all he did was fill out the forms. What he didn't do was advise us on decisions we would have to make in regard to our business that could have huge tax implications. We got hit with a $10,000 tax bill because of that, and we could have made different decisions with a different outcome. For that amount of money, I was willing to become educated in tax preparation. When I get stumped, I pay an hourly rate to an enrolled agent, which is a CPA with additional training and certification who is eligible to represent taxpayers before the IRS. This have saved my family thousands of dollars in tax preparation fees, and I think, thousands of dollars in bad decisions we didn't make! Also, I always use tax preparation software, but that is not all that I do. The software is only as good as your knowledge. In other words, it does the calculations for you, but you still need to know what to look for. I study as much as I can on the IRS website and from other financial resources.
Answer 4 :
Personally I do it myself. The self assessment online form pretty much works it all out for you, it's easy. The main thing an accountant will do is make sure you are claiming everything you can against tax. But if you put yourself in the picture, which isn't that hard when the tax office give you pretty much all the info you need, I don't think an accountant is essential, particularly if like me you have a small business with a low turn over. Hardly seems worth paying somebody £200 to fill in a form I can do myself. At the end of the day it's down to you and how confident you feel in doing it yourself.
Answer 5 :
You can do your own return but it is time consuming and you do not know any or all of the legal money saving wrinkles. An accountant will usually charge you less than he saves you.
Answer 6 :
Invest in a do it yourself program like 'Taxcalc'.
Answer 7 :
The key issue that most people miss is that filling in the form is probably only 5% of the work that an accountant has to do. the other 95% is preparing the figures ready to put on the form ie profit and loss accounts,balance sheet, tax computations etc. A tax return filed from a reputable accountant always looks better than one filed by the individual himself and the accountant is far less likely to make basic errors which often lead to an enquiry. Furthermore if the business expands rapidly an accountant will be able to take the relevant action within the statutory time limits thus avoiding penalties.
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Sunday, October 2, 2011
how would i go about being an accountant?
how would i go about being an accountant?
i would like to become an accountant in a few years time i am 17 and currently workin in an accounts office but how will get the full training?
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Decide which Accountancy body you want too qualify under. There are four main Chartered Bodies :- The Institute of Chartered Accountants in England & Wales. The Chartered Association of Certified Accountants. Chartered Management Accountants. Chartered Public Finance Accountants. There are two aspects to Qualifying as an Acountant. One is, passing the exams of your chosen Accountancy body, and the second is, obtaining the approved professional training/experience. It is not normally essential that they both be achieved at the same time, you must be accepted/registered as a student with your chosen accountancy body, however, before you commence studying for the exams. They will be happy to provide you with full details on application to become a student. Of course, there are entry requirements to become a student, usually 'A Levels', although the ICAEW, I believe, are degree entry only. If you want to work in a professional office, you would have to qualify with one of the first two bodies stated above. I Qualified as a Chartered Certified Accountant.
Answer 2 :
In college, they have a catalog with all the majors that they offer. It will tell you which classes to take, and when. Probably need alot of math classes..
Answer 3 :
One way is to ask an accountant what they recommend. but in general it would be a degree in finance, and then some studies and experience to take the CPA exam, assuming that is what you mean by accountant. there are many different careers for accountants . Studying finance will show you what the possibilities are.
Answer 4 :
contact your local ACCA organisation, this is the largest international body for accounting. You do exams for CAT technician(Certified Account Technician) and then become a full accredited ACCA professional. They have courses to suit your needs, i.e. part-time and flexible. The entry requirements are not so stringent. There is just an age limit. If however, you have a Bachelor in Business Studies or similiar you may be exempt from the first two papers. They have a list of all of the exempt universities. Look it up here. www.accaglobal.com If you have any further questions feel free to ask me. : )
Answer 5 :
Ask your boss if he/ she'd concider sneding you to collage. The fees would be taken from your wages in the long run, but you'd both benefit from the education.
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i would like to become an accountant in a few years time i am 17 and currently workin in an accounts office but how will get the full training?
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Decide which Accountancy body you want too qualify under. There are four main Chartered Bodies :- The Institute of Chartered Accountants in England & Wales. The Chartered Association of Certified Accountants. Chartered Management Accountants. Chartered Public Finance Accountants. There are two aspects to Qualifying as an Acountant. One is, passing the exams of your chosen Accountancy body, and the second is, obtaining the approved professional training/experience. It is not normally essential that they both be achieved at the same time, you must be accepted/registered as a student with your chosen accountancy body, however, before you commence studying for the exams. They will be happy to provide you with full details on application to become a student. Of course, there are entry requirements to become a student, usually 'A Levels', although the ICAEW, I believe, are degree entry only. If you want to work in a professional office, you would have to qualify with one of the first two bodies stated above. I Qualified as a Chartered Certified Accountant.
Answer 2 :
In college, they have a catalog with all the majors that they offer. It will tell you which classes to take, and when. Probably need alot of math classes..
Answer 3 :
One way is to ask an accountant what they recommend. but in general it would be a degree in finance, and then some studies and experience to take the CPA exam, assuming that is what you mean by accountant. there are many different careers for accountants . Studying finance will show you what the possibilities are.
Answer 4 :
contact your local ACCA organisation, this is the largest international body for accounting. You do exams for CAT technician(Certified Account Technician) and then become a full accredited ACCA professional. They have courses to suit your needs, i.e. part-time and flexible. The entry requirements are not so stringent. There is just an age limit. If however, you have a Bachelor in Business Studies or similiar you may be exempt from the first two papers. They have a list of all of the exempt universities. Look it up here. www.accaglobal.com If you have any further questions feel free to ask me. : )
Answer 5 :
Ask your boss if he/ she'd concider sneding you to collage. The fees would be taken from your wages in the long run, but you'd both benefit from the education.
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BGT, The Singing Accountant, Okay He Was good, But Do We REALLY Wan't Another Singer Winning?
BGT, The Singing Accountant, Okay He Was good, But Do We REALLY Wan't Another Singer Winning?
I'm still rooting for the dog from last week...... Loved that dog :)
Reality Television - 18 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
no we don't, we need something different. Weirdly different.
Answer 2 :
the last 2 yrs its been dancers who have won,, NOT singers so yeah i would say we need another singer to win and NOT a dancer but it woukd be nice for something differant to win for a change last year was a dance act and a year before that was a guy dancing to singing in the rain,, he wasnt singing, the year before that had the guy from a mobile phone shop singing opera
Answer 3 :
Last two years, dancers won? Not singers. LOL
Answer 4 :
only the first year was won by a singer, the previous 2 years were won by dancers. you make it sound like only singers win.
Answer 5 :
I thot he was great!! fair play to him - does it matter if we have another talented singer?!
Answer 6 :
I liked him and I love West Side Story, as much as I like him though, don't think he'll win :)
Answer 7 :
Mm, not really. I'm getting quite bored of classical opera singers now. Yeah he has a very good voice but no more for me :) I'm reeeally hoping for another act like Signature - entertaining but not in a cliche, been-done-before kinda way.
Answer 8 :
I found the song very boring. He was okay but not outstanding. And way too old to be hanging out with his parents! Ahh, the dog. Those beautiful, velvety eyes! I think HM would adore her (or him).
Answer 9 :
I liked him. He has a powerful voice. Given the right song and a makover and he could be the next winner. Gay men will love him to bits.
Answer 10 :
He was brilliant H!! But....... I think he'd have been better suited to a ALW stage musical type show. No doubting he has an amazing voice though.
Answer 11 :
We've had too many singers and dancers, time for something different! Maybe the regurgitator? Hmmm maybe not! The gymnasts were excellent though!
Answer 12 :
I agree, I'm sick of this serious opera sh*t. I loved the other opera guy, at least he had an edge by singing modern songs.
Answer 13 :
I agree, another singer is not the best idea..But the public get to decide
Answer 14 :
I agree! The kids that done the acrobatics were simply brill and the dog from last week was fab. But at the end of the competition, it will come down to who can make MONEY for Simon Cowell
Answer 15 :
i dont think that matters because he had an amazing voice.. look at subo, she didn't win. and i REALLY don't want another dance act to win. i loved the arrangement or whatever it was... that wasn't just singing.
Answer 16 :
He was V good too,I Think he'll make the finals and possibly win.
Answer 17 :
The only winning singer was Paul Potts and I think he was a one-off. No - Last week´s dog or the gymnasts up until now
Answer 18 :
I dont realy like him he aint that amazing,,i agree with you I loved the dog too :) soo cute But i also thought the gymnasts from this week were awesome too x
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I'm still rooting for the dog from last week...... Loved that dog :)
Reality Television - 18 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
no we don't, we need something different. Weirdly different.
Answer 2 :
the last 2 yrs its been dancers who have won,, NOT singers so yeah i would say we need another singer to win and NOT a dancer but it woukd be nice for something differant to win for a change last year was a dance act and a year before that was a guy dancing to singing in the rain,, he wasnt singing, the year before that had the guy from a mobile phone shop singing opera
Answer 3 :
Last two years, dancers won? Not singers. LOL
Answer 4 :
only the first year was won by a singer, the previous 2 years were won by dancers. you make it sound like only singers win.
Answer 5 :
I thot he was great!! fair play to him - does it matter if we have another talented singer?!
Answer 6 :
I liked him and I love West Side Story, as much as I like him though, don't think he'll win :)
Answer 7 :
Mm, not really. I'm getting quite bored of classical opera singers now. Yeah he has a very good voice but no more for me :) I'm reeeally hoping for another act like Signature - entertaining but not in a cliche, been-done-before kinda way.
Answer 8 :
I found the song very boring. He was okay but not outstanding. And way too old to be hanging out with his parents! Ahh, the dog. Those beautiful, velvety eyes! I think HM would adore her (or him).
Answer 9 :
I liked him. He has a powerful voice. Given the right song and a makover and he could be the next winner. Gay men will love him to bits.
Answer 10 :
He was brilliant H!! But....... I think he'd have been better suited to a ALW stage musical type show. No doubting he has an amazing voice though.
Answer 11 :
We've had too many singers and dancers, time for something different! Maybe the regurgitator? Hmmm maybe not! The gymnasts were excellent though!
Answer 12 :
I agree, I'm sick of this serious opera sh*t. I loved the other opera guy, at least he had an edge by singing modern songs.
Answer 13 :
I agree, another singer is not the best idea..But the public get to decide
Answer 14 :
I agree! The kids that done the acrobatics were simply brill and the dog from last week was fab. But at the end of the competition, it will come down to who can make MONEY for Simon Cowell
Answer 15 :
i dont think that matters because he had an amazing voice.. look at subo, she didn't win. and i REALLY don't want another dance act to win. i loved the arrangement or whatever it was... that wasn't just singing.
Answer 16 :
He was V good too,I Think he'll make the finals and possibly win.
Answer 17 :
The only winning singer was Paul Potts and I think he was a one-off. No - Last week´s dog or the gymnasts up until now
Answer 18 :
I dont realy like him he aint that amazing,,i agree with you I loved the dog too :) soo cute But i also thought the gymnasts from this week were awesome too x
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can all ENGINEERS please answer my question. can i become a chartered accountant and do an engineering job.?
can all ENGINEERS please answer my question. can i become a chartered accountant and do an engineering job.?
if i get a bachelors degree in chemical or civil or mechanical engineering but then if i decided to the ACCA course and become a chartered accountant. and then if one day i lost my job as a chartered accountant and i found a job for a chemical engineer, will i be able to do it. so my question is can i keep the engineering degree as a back up job. is it reasonable to ask for 25000 pounds a year. thank you. please answer
Engineering - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sure, you can do anything you like.
Answer 2 :
Don't waste your life on Accounting.
Answer 3 :
I am sure you asked this before and this is the answer that I gave. This is getting to be one of my pet hates on here - people asking the same question again, and again and again..... No reason why you can't do that. However - and there often is a however with these questions.... If you worked as a chartered accountant say 10 years before you decide to work as a civil engineer a few things will happen. In 10 years as a chartered accountant you will have passed your Professional exams and this means that you will be earning quite good money. Now go to be a graduate civil engineer (no experience so you start at the bottom of the rung again), your take home pay will drop quite a bit (over £10k). You might struggle to actually get jobs - a look at your CV will show that you are an accountant and engineering firms will probably want an engineer with engineering more at the front of their mind. Certainly it is possible. However a better course of action might be to decide which you want to do first and train for that, work at that until you want to change and then spend the 3 or 4 years re-training. That way you will have the engineering knowledge in the front of your mind and be able to sell yourself better. Now as for getting a well paid civil engineering job as a new graduate.... that is another thing and quite a rare job to find - you start at the bottom with all careers until you get experience to earn more money. When I have read your multiple identical questions - you were looking for jobs that paid £100k after a while - neither will do that unless you are the best. £25k is a bit on the high side for a starting salary for both - £20k might be a more realistic proposition.
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if i get a bachelors degree in chemical or civil or mechanical engineering but then if i decided to the ACCA course and become a chartered accountant. and then if one day i lost my job as a chartered accountant and i found a job for a chemical engineer, will i be able to do it. so my question is can i keep the engineering degree as a back up job. is it reasonable to ask for 25000 pounds a year. thank you. please answer
Engineering - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sure, you can do anything you like.
Answer 2 :
Don't waste your life on Accounting.
Answer 3 :
I am sure you asked this before and this is the answer that I gave. This is getting to be one of my pet hates on here - people asking the same question again, and again and again..... No reason why you can't do that. However - and there often is a however with these questions.... If you worked as a chartered accountant say 10 years before you decide to work as a civil engineer a few things will happen. In 10 years as a chartered accountant you will have passed your Professional exams and this means that you will be earning quite good money. Now go to be a graduate civil engineer (no experience so you start at the bottom of the rung again), your take home pay will drop quite a bit (over £10k). You might struggle to actually get jobs - a look at your CV will show that you are an accountant and engineering firms will probably want an engineer with engineering more at the front of their mind. Certainly it is possible. However a better course of action might be to decide which you want to do first and train for that, work at that until you want to change and then spend the 3 or 4 years re-training. That way you will have the engineering knowledge in the front of your mind and be able to sell yourself better. Now as for getting a well paid civil engineering job as a new graduate.... that is another thing and quite a rare job to find - you start at the bottom with all careers until you get experience to earn more money. When I have read your multiple identical questions - you were looking for jobs that paid £100k after a while - neither will do that unless you are the best. £25k is a bit on the high side for a starting salary for both - £20k might be a more realistic proposition.
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Can I still be an accountant with these A levels?
Can I still be an accountant with these A levels?
I.C.T - Business Studies - Media Studies - Religious Studies I couldn't do Maths or Accounting, the classes were full Thanks
Standards & Testing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
yeah, you dont need maths a-level to be an accounant haha! All you need is a gcse grade b in maths.
Answer 2 :
Accounting has little to do with maths and so there should be no problem. However, it needs a lot of concentration and attention to detail and ICT should help here.
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I.C.T - Business Studies - Media Studies - Religious Studies I couldn't do Maths or Accounting, the classes were full Thanks
Standards & Testing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
yeah, you dont need maths a-level to be an accounant haha! All you need is a gcse grade b in maths.
Answer 2 :
Accounting has little to do with maths and so there should be no problem. However, it needs a lot of concentration and attention to detail and ICT should help here.
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can i become a chartered accountant with a degree in mechanical engineering? thank you. please help.?
can i become a chartered accountant with a degree in mechanical engineering? thank you. please help.?
my actual question is that - if i do a mechanical engineering bachelors degree in university but then decided to do chartered accountant course and try to become one and if i fail will i be still able to do mechanical engineering jobs with the bachelors degree that i have. will it be reasonable to expect 30000 pounds a year after three years working as a mechanical engineer thank you. please answer
Engineering - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If I was you I would look down the list of answers here - there has a been a load asked repeatedly by the same person asking the same thing..... it wasn't you was it? Different name, same question..... Yes you can be a chartered accountant having completed a degree in engineering, whether it is Mechanical, Civil, Electrical or Chemical. No it would not be reasonable to expect £30K after 3 years in the near future. £24K to £26K might be more realistic if you are good. Starting salary might be £20K. Again this question has been asked in the last week - read down the recent questions and you will get the answer that you asked before......
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my actual question is that - if i do a mechanical engineering bachelors degree in university but then decided to do chartered accountant course and try to become one and if i fail will i be still able to do mechanical engineering jobs with the bachelors degree that i have. will it be reasonable to expect 30000 pounds a year after three years working as a mechanical engineer thank you. please answer
Engineering - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If I was you I would look down the list of answers here - there has a been a load asked repeatedly by the same person asking the same thing..... it wasn't you was it? Different name, same question..... Yes you can be a chartered accountant having completed a degree in engineering, whether it is Mechanical, Civil, Electrical or Chemical. No it would not be reasonable to expect £30K after 3 years in the near future. £24K to £26K might be more realistic if you are good. Starting salary might be £20K. Again this question has been asked in the last week - read down the recent questions and you will get the answer that you asked before......
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Wednesday, September 28, 2011
what degree i need to take addmition in charted accountant?
what degree i need to take addmition in charted accountant?
Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i think u can start doing CA after class 12th.
Answer 2 :
Sorry, but you need to work on your English first. Your question doesn't make any sense. Are you asking about admission or something in addition? It's "chartered" accountant.
Answer 3 :
maths accounting
Answer 4 :
Business, accountancy finance etc!! however chartered accountancy takes 3&1/2 years to complete, which is made up of 3 years of class and exams at the end of each year as well as 3 and a half yrs working in a chartered accountants office so before you can get signed off. depending on the degree that you settle on you may be able to receive exceptions from certain modules in yr first yr!!
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Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i think u can start doing CA after class 12th.
Answer 2 :
Sorry, but you need to work on your English first. Your question doesn't make any sense. Are you asking about admission or something in addition? It's "chartered" accountant.
Answer 3 :
maths accounting
Answer 4 :
Business, accountancy finance etc!! however chartered accountancy takes 3&1/2 years to complete, which is made up of 3 years of class and exams at the end of each year as well as 3 and a half yrs working in a chartered accountants office so before you can get signed off. depending on the degree that you settle on you may be able to receive exceptions from certain modules in yr first yr!!
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Wednesday, September 14, 2011
I am 41 and have started college this week, I am training to become an accountant, am I too old?
I am 41 and have started college this week, I am training to become an accountant, am I too old?
I am by far the oldest on the couurse, can anybody give me some motivation and inspiration
Other - Education - 30 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This kind of question gets asked soooo may times.....ummm......so I'll change my answer and hope for some quiet. YES YOUR TOO OLD!
Answer 2 :
You are never too old to learn, I take my hat off to you, what a wonderful profession to be involved in. Hope you do well
Answer 3 :
No way. You are never too old to pursue a career. Hope everything goes well for you! :-)
Answer 4 :
40 is the new 20. You're fine. Good luck in your studies.
Answer 5 :
You are never to old to do Any think that you want to, Good luck.
Answer 6 :
Wonderful and never to old- as far as I am concerned we are always learning - and never to old- there was a woman in her 50s in my nursing class- good for her. Go for it! Especially if you are into it- be blessed- Debby
Answer 7 :
It's great what you are doing!You are not too old!good luck!
Answer 8 :
you are never to old ! good for you i hope you do well good luck
Answer 9 :
So what, if, by the time you finish, you'll be 45. You're going to be 45, anyway, you might as well be 45 with a degree! Good luck!
Answer 10 :
You're NEVER too old Enjoy
Answer 11 :
Take pride that your trying to improve your life through education. A person is never to old and to the people that put a time limit on education are the ones who are to lazy to go to class and improve. If you have siblings they will take inspiration from you and finish their course. I'm 52 yrs old and have yet to stop learning. There is something new everyday. I studied to be a computer engineer but when I saw the need for contract managers I jumped ship when I was 38 and have been an accountant/consultant ever since. Stay the course look at the diploma in your dreams and earn it.
Answer 12 :
i think it's never too late!! You aren't too old! You have been very brave to take this decision!
Answer 13 :
no, you are not. I was a mature student, and there are plenty others, colleges usually ahave a mayture students section of the \National Union of Students, so cyou can hook up with others if you want. More and more people are doing it, and with the right attitude should be good fun, nice to have a chance to be an irresponsible student when you have all the knowedge you didn't at 18...!!!! Enjoy, all the best
Answer 14 :
So, it will take 5 years at the most. You will still be 46, you may as well be an accountant. I just went back 2 years ago (I'm 34), to study the very same thing! Good luck!
Answer 15 :
Oh no way. Forty-one is young now. Good for you!
Answer 16 :
go for it you ain't old , will be good they 'll all go to you with their probs, should be fun good luck anyways
Answer 17 :
I personally think it's great that you're starting something new and it may actually inspire others to do the same thing! You have the advantage of having more experience in different fields- and think- who are they going to want when you become employable- you, because of the experience and life skills acquired. Good luck and hope everything goes well! xxx
Answer 18 :
At your age, this choice of career has greater prospects of success than some others, as a mature person acting as one's accountant would inspire greater confidence than some young "smart alec". Be confident. Keep at it. Don't be shy. You are as much part of the college scenery as anyone else!! Do NOT compare yourself with the young ones. You are YOU. Soon the college environment will begin to feel more comfortable, provided that you have the necessary talents for the course. That is really all that matters. At least keep at it til half term!! This is written by someone who went back to college as a mature student. Although I was not quite as mature as you (!), others were older than you. You are lucky to start again at your age, not too old to get a full career out of it afterwards. Enjoy.
Answer 19 :
You are never too old hon. You will probably inspire and be of help to the younger members of your group. Good luck with your new career, I'm sure you will do really well. x
Answer 20 :
Go for it! The biggest regret I have is never going to college. Today's accounting graduates command a starting salary around $45,000 per year. By the time you graduate it should be around $50,000. There is a shortage of accountants and you shouldn't have a problem finding a job. I should know, I'm the office manager of a public accounting firm. Make sure you get the hours in so you can sit for the CPA exam. I'm sure you'll be well respected by your professors. Good luck!
Answer 21 :
No way!! I wish I had the courage to go back and do some studying but I just don't ever seem to get round to doing it!! Good luck and stick at it!
Answer 22 :
You are never too old to learn. :)
Answer 23 :
Stop being so self conscious about your age and get in there and do your thing! So what if you were 82 year old and trying to better yourself. Don't use your age as reason to give up. I wish that I could have the opportunity to go back to college. I would show those young ones a thing or two! I smell success! Now get in there!
Answer 24 :
51 might be too old for a job at the end of the road. The "principles of accounts" and computer bookkeeping skills could come in useful. I think this should be on the standard curriculum. If the politicians knew elementary accounts it would be a good thing. I have never detected any such skills in the local Councillors.
Answer 25 :
Never is too old, learning and education is endless.
Answer 26 :
its never too late to do anything and ur not old as long as ur enjoying ur self
Answer 27 :
I am 37 and have almost finished a teaching degree .... I was not the oldest on the course but felt old surrounded by loads of fresh out of school youngsters (for a while anyway). However, what most of them lack is experience and you will find that you make friends - afterall you are all there for the same reason. I came away with new friends of all ages; hang on in there and GOOD LUCK!
Answer 28 :
Definately not OLD. there is no age limit on one pursing education. In fact you are more equipped now with all the skills,concepts etc. that you would have picked up along the way.
Answer 29 :
You are never to old to learn a new skill. Good on you for doing it and I hope you are successful.
Answer 30 :
You are never to old to learn. you go for it everybody else is
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I am by far the oldest on the couurse, can anybody give me some motivation and inspiration
Other - Education - 30 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This kind of question gets asked soooo may times.....ummm......so I'll change my answer and hope for some quiet. YES YOUR TOO OLD!
Answer 2 :
You are never too old to learn, I take my hat off to you, what a wonderful profession to be involved in. Hope you do well
Answer 3 :
No way. You are never too old to pursue a career. Hope everything goes well for you! :-)
Answer 4 :
40 is the new 20. You're fine. Good luck in your studies.
Answer 5 :
You are never to old to do Any think that you want to, Good luck.
Answer 6 :
Wonderful and never to old- as far as I am concerned we are always learning - and never to old- there was a woman in her 50s in my nursing class- good for her. Go for it! Especially if you are into it- be blessed- Debby
Answer 7 :
It's great what you are doing!You are not too old!good luck!
Answer 8 :
you are never to old ! good for you i hope you do well good luck
Answer 9 :
So what, if, by the time you finish, you'll be 45. You're going to be 45, anyway, you might as well be 45 with a degree! Good luck!
Answer 10 :
You're NEVER too old Enjoy
Answer 11 :
Take pride that your trying to improve your life through education. A person is never to old and to the people that put a time limit on education are the ones who are to lazy to go to class and improve. If you have siblings they will take inspiration from you and finish their course. I'm 52 yrs old and have yet to stop learning. There is something new everyday. I studied to be a computer engineer but when I saw the need for contract managers I jumped ship when I was 38 and have been an accountant/consultant ever since. Stay the course look at the diploma in your dreams and earn it.
Answer 12 :
i think it's never too late!! You aren't too old! You have been very brave to take this decision!
Answer 13 :
no, you are not. I was a mature student, and there are plenty others, colleges usually ahave a mayture students section of the \National Union of Students, so cyou can hook up with others if you want. More and more people are doing it, and with the right attitude should be good fun, nice to have a chance to be an irresponsible student when you have all the knowedge you didn't at 18...!!!! Enjoy, all the best
Answer 14 :
So, it will take 5 years at the most. You will still be 46, you may as well be an accountant. I just went back 2 years ago (I'm 34), to study the very same thing! Good luck!
Answer 15 :
Oh no way. Forty-one is young now. Good for you!
Answer 16 :
go for it you ain't old , will be good they 'll all go to you with their probs, should be fun good luck anyways
Answer 17 :
I personally think it's great that you're starting something new and it may actually inspire others to do the same thing! You have the advantage of having more experience in different fields- and think- who are they going to want when you become employable- you, because of the experience and life skills acquired. Good luck and hope everything goes well! xxx
Answer 18 :
At your age, this choice of career has greater prospects of success than some others, as a mature person acting as one's accountant would inspire greater confidence than some young "smart alec". Be confident. Keep at it. Don't be shy. You are as much part of the college scenery as anyone else!! Do NOT compare yourself with the young ones. You are YOU. Soon the college environment will begin to feel more comfortable, provided that you have the necessary talents for the course. That is really all that matters. At least keep at it til half term!! This is written by someone who went back to college as a mature student. Although I was not quite as mature as you (!), others were older than you. You are lucky to start again at your age, not too old to get a full career out of it afterwards. Enjoy.
Answer 19 :
You are never too old hon. You will probably inspire and be of help to the younger members of your group. Good luck with your new career, I'm sure you will do really well. x
Answer 20 :
Go for it! The biggest regret I have is never going to college. Today's accounting graduates command a starting salary around $45,000 per year. By the time you graduate it should be around $50,000. There is a shortage of accountants and you shouldn't have a problem finding a job. I should know, I'm the office manager of a public accounting firm. Make sure you get the hours in so you can sit for the CPA exam. I'm sure you'll be well respected by your professors. Good luck!
Answer 21 :
No way!! I wish I had the courage to go back and do some studying but I just don't ever seem to get round to doing it!! Good luck and stick at it!
Answer 22 :
You are never too old to learn. :)
Answer 23 :
Stop being so self conscious about your age and get in there and do your thing! So what if you were 82 year old and trying to better yourself. Don't use your age as reason to give up. I wish that I could have the opportunity to go back to college. I would show those young ones a thing or two! I smell success! Now get in there!
Answer 24 :
51 might be too old for a job at the end of the road. The "principles of accounts" and computer bookkeeping skills could come in useful. I think this should be on the standard curriculum. If the politicians knew elementary accounts it would be a good thing. I have never detected any such skills in the local Councillors.
Answer 25 :
Never is too old, learning and education is endless.
Answer 26 :
its never too late to do anything and ur not old as long as ur enjoying ur self
Answer 27 :
I am 37 and have almost finished a teaching degree .... I was not the oldest on the course but felt old surrounded by loads of fresh out of school youngsters (for a while anyway). However, what most of them lack is experience and you will find that you make friends - afterall you are all there for the same reason. I came away with new friends of all ages; hang on in there and GOOD LUCK!
Answer 28 :
Definately not OLD. there is no age limit on one pursing education. In fact you are more equipped now with all the skills,concepts etc. that you would have picked up along the way.
Answer 29 :
You are never to old to learn a new skill. Good on you for doing it and I hope you are successful.
Answer 30 :
You are never to old to learn. you go for it everybody else is
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Wednesday, September 7, 2011
whats involved in setting up a limited company in Turkey and how much would an accountant charge to run it?
whats involved in setting up a limited company in Turkey and how much would an accountant charge to run it?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This link has info on what's involved. http://www.tbcci.org/limitedCompaniesTurkey.php http://www.tbcci.org/registrationTurkey.php http://www.tbcci.org/registrationTurkey.php http://www.tbcci.org/businessTypesTurkey.php#RegSectors http://www.ito.org.tr/ITOPortal/Dokuman/Company_Establishment.pdf As for the cost of setting it up and running? It'll depend on how much time invloved in running the business and how big a firm of accountants you involve. If you think about setting it up yourself try this link: http://www.tapo.co.uk/hire%20a%20lawyer/company%20formation.asp Best of luck.
Answer 2 :
no idea at all and i wouldn't be interested i would say that's a very chancy involvement
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Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This link has info on what's involved. http://www.tbcci.org/limitedCompaniesTurkey.php http://www.tbcci.org/registrationTurkey.php http://www.tbcci.org/registrationTurkey.php http://www.tbcci.org/businessTypesTurkey.php#RegSectors http://www.ito.org.tr/ITOPortal/Dokuman/Company_Establishment.pdf As for the cost of setting it up and running? It'll depend on how much time invloved in running the business and how big a firm of accountants you involve. If you think about setting it up yourself try this link: http://www.tapo.co.uk/hire%20a%20lawyer/company%20formation.asp Best of luck.
Answer 2 :
no idea at all and i wouldn't be interested i would say that's a very chancy involvement
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Thursday, September 1, 2011
as an accountant is it possible 2 get victoria state sposorship for immigration?
as an accountant is it possible 2 get victoria state sposorship for immigration?
Immigration - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, Accountant doesn't appear on either of the Victorian lists: http://www.liveinvictoria.vic.gov.au/working-and-employment/skills-in-demand
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Immigration - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, Accountant doesn't appear on either of the Victorian lists: http://www.liveinvictoria.vic.gov.au/working-and-employment/skills-in-demand
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Sunday, August 28, 2011
My accountant has just completed my 2006 tax returns.?
My accountant has just completed my 2006 tax returns.?
He tells me that as well as the tax return figure which I need to pay by 31st January 2008, I also need to pay an advancement, both in January and July, is this correct? I can't beleive I need to pay tax on earnings that I haven't earned yet? Please advise?
United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I've never paid in advance, but I need to get my accounts done pretty soon. The dear old Customs & Extortion would appear to be putting us small businesses out to dry if this is the case.
Answer 2 :
Yes - I have had them do this to me before - although it was only for the first half of a year. I ended up getting a nice rebate at the end of it all too. Sadly the tax man seems to be able to just take money every which way from us and there is very little we can do about it.
Answer 3 :
i also have been told this, i started my business in April this year and i went to see my accountant to set things up , he warned me that the inland rev would want tax up front on next years 2008 earnings, what chance have you got of getting a good head start?
Answer 4 :
It depends. Do you have a job with a regular paycheck with deductions or you are a real estate agent with no deductions? Do you have a lot a allowances (9 or more) Did you make a profit on your stocks last year? If no on all above then look for another accountant.
Answer 5 :
if you owed tax for last year, that means you didn't get enough withheld, so you will probably owe for this year also, and you're supposed to make quarterly estimated payments in that case to avoid penalty and interest - you're paying in Jan and July next year - not now - January is probably for 2007 taxes
Answer 6 :
I think you mean your 2007 tax return. ok here is how it works. basically if your tax liability for 2007 is £2000 or more, then you have to pay 50% of the tax owed towards the 2008 year in Jan 2007 and then another 50% in july 2007. They are called Payments on Account. so for example based on a liability of £2000 for 2007, on or before 31st Jan 08 you will pay £2000 + £1000 = £3000 and then on or before 31st July 2008 you pay another £1000, this means £2000 goes towards next years tax bill. the inland revenue are assuming the next tax return you do will yield similar results and that the tax due is the same. they therefore make you pay this assumed liability in advance for two reasons, 1) they are greedy, 2) so that you dont have to find £2000 in january 2009. so if your tax due for 2008 is say £2500, then you have already paid £2000 and left with a balance of £500, but as the toal amount due is over £2000, you will need to pay half of the £2500 (£1250) + the £500, so a total of £1750 is due in jan 2009 and then £1250 due in july 2009. the problem with this method is that the first year tax return is always the hardest as you have to pay more, but when you come to do your 2008 tax return. the extra £2000 you have paid towards it, gets offset agains the tax due, so in Jan 2009, you wont have as much to pay, or if your tax due is less, you can either claim a refund or have the overpaid amount offset against any payments for the 2009 tax return. if however you suspect you are having a bad year for 2008. get your next tax return done by July 2008 as the payments on account are recalculated and will be reduced to the actual tax due, but seeing as you have paid more in Jan, the amount due in july would be a lot lower. hope this is clear enough.
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He tells me that as well as the tax return figure which I need to pay by 31st January 2008, I also need to pay an advancement, both in January and July, is this correct? I can't beleive I need to pay tax on earnings that I haven't earned yet? Please advise?
United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I've never paid in advance, but I need to get my accounts done pretty soon. The dear old Customs & Extortion would appear to be putting us small businesses out to dry if this is the case.
Answer 2 :
Yes - I have had them do this to me before - although it was only for the first half of a year. I ended up getting a nice rebate at the end of it all too. Sadly the tax man seems to be able to just take money every which way from us and there is very little we can do about it.
Answer 3 :
i also have been told this, i started my business in April this year and i went to see my accountant to set things up , he warned me that the inland rev would want tax up front on next years 2008 earnings, what chance have you got of getting a good head start?
Answer 4 :
It depends. Do you have a job with a regular paycheck with deductions or you are a real estate agent with no deductions? Do you have a lot a allowances (9 or more) Did you make a profit on your stocks last year? If no on all above then look for another accountant.
Answer 5 :
if you owed tax for last year, that means you didn't get enough withheld, so you will probably owe for this year also, and you're supposed to make quarterly estimated payments in that case to avoid penalty and interest - you're paying in Jan and July next year - not now - January is probably for 2007 taxes
Answer 6 :
I think you mean your 2007 tax return. ok here is how it works. basically if your tax liability for 2007 is £2000 or more, then you have to pay 50% of the tax owed towards the 2008 year in Jan 2007 and then another 50% in july 2007. They are called Payments on Account. so for example based on a liability of £2000 for 2007, on or before 31st Jan 08 you will pay £2000 + £1000 = £3000 and then on or before 31st July 2008 you pay another £1000, this means £2000 goes towards next years tax bill. the inland revenue are assuming the next tax return you do will yield similar results and that the tax due is the same. they therefore make you pay this assumed liability in advance for two reasons, 1) they are greedy, 2) so that you dont have to find £2000 in january 2009. so if your tax due for 2008 is say £2500, then you have already paid £2000 and left with a balance of £500, but as the toal amount due is over £2000, you will need to pay half of the £2500 (£1250) + the £500, so a total of £1750 is due in jan 2009 and then £1250 due in july 2009. the problem with this method is that the first year tax return is always the hardest as you have to pay more, but when you come to do your 2008 tax return. the extra £2000 you have paid towards it, gets offset agains the tax due, so in Jan 2009, you wont have as much to pay, or if your tax due is less, you can either claim a refund or have the overpaid amount offset against any payments for the 2009 tax return. if however you suspect you are having a bad year for 2008. get your next tax return done by July 2008 as the payments on account are recalculated and will be reduced to the actual tax due, but seeing as you have paid more in Jan, the amount due in july would be a lot lower. hope this is clear enough.
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Sunday, August 14, 2011
how long does it take to be fully qualified as an accountant from starting a graduate trainee accountants role
how long does it take to be fully qualified as an accountant from starting a graduate trainee accountants role
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Takes 3 years from start to finish, this includes earning the required practical experience and providing you pass all the exams in the minimum time possible. You do the exams at the same time you are earning the practical experience. Good luck.
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Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Takes 3 years from start to finish, this includes earning the required practical experience and providing you pass all the exams in the minimum time possible. You do the exams at the same time you are earning the practical experience. Good luck.
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Sunday, August 7, 2011
What's the point of having an accountant?
What's the point of having an accountant?
Why do people need accountants?
Other - Taxes - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
People with finances more complicated than the average "normal household" can benefit greatly from the services of a good accountant. If you have a business, investments, a trust or any other income other than hourly wages from a job, an accountant can keep you from paying too much in taxes, avoid any trouble with investors or creditors, and even with the IRS. You don't need to have a personal accountant on your payroll or on retainer, but you should talk to a few accounting firms to see if you need their services or not.
Answer 2 :
You only need an accountant if you have lots of money coming in from various investments and/or you are running a business. An accountant will give you financial advice that will save you money on your investments and also help you to plan your income better so that you don't pay too much tax. There are good and bad accountants so if you choose someone real cheap you probably wont save much money. If you are just holding down a steady job and have no other income, you don't need an accountant.
Answer 3 :
My accountant knows every deduction available, AND he signs that page that says he'll go to court if my return gets challenged. ANOTHER THING: He's got me arranged to not have paid taxes to the Feds in the last 2 years. Accountants are blessings. TWD
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Why do people need accountants?
Other - Taxes - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
People with finances more complicated than the average "normal household" can benefit greatly from the services of a good accountant. If you have a business, investments, a trust or any other income other than hourly wages from a job, an accountant can keep you from paying too much in taxes, avoid any trouble with investors or creditors, and even with the IRS. You don't need to have a personal accountant on your payroll or on retainer, but you should talk to a few accounting firms to see if you need their services or not.
Answer 2 :
You only need an accountant if you have lots of money coming in from various investments and/or you are running a business. An accountant will give you financial advice that will save you money on your investments and also help you to plan your income better so that you don't pay too much tax. There are good and bad accountants so if you choose someone real cheap you probably wont save much money. If you are just holding down a steady job and have no other income, you don't need an accountant.
Answer 3 :
My accountant knows every deduction available, AND he signs that page that says he'll go to court if my return gets challenged. ANOTHER THING: He's got me arranged to not have paid taxes to the Feds in the last 2 years. Accountants are blessings. TWD
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Monday, August 1, 2011
Do you think Nicolas Cage tells his kids that he is an accountant or does he tell them The Awful Truth?
Do you think Nicolas Cage tells his kids that he is an accountant or does he tell them The Awful Truth?
Current Events - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I think he tells them he plays an accountant in the movies.
Answer 2 :
Probably claims to be an accountant.. P
Answer 3 :
The only people who would actually pretend to be an accountant would be estate agents, bankers and hedge fund managers.
Answer 4 :
no, i don't think.
Answer 5 :
do u meam u dont like his acting or dont like his films i liked him in raising arizona hey hippy daze u havnt saw me yet
Answer 6 :
The awful truth I guess......it brings in millions so I doubt they'll mind. I like nic cage....I am on the list to be his wife......I am thirteen from the top now as he has been busy lately. As a back up I'm on the Sean bean list......only fifth on that list. So a neck and neck race........
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Current Events - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I think he tells them he plays an accountant in the movies.
Answer 2 :
Probably claims to be an accountant.. P
Answer 3 :
The only people who would actually pretend to be an accountant would be estate agents, bankers and hedge fund managers.
Answer 4 :
no, i don't think.
Answer 5 :
do u meam u dont like his acting or dont like his films i liked him in raising arizona hey hippy daze u havnt saw me yet
Answer 6 :
The awful truth I guess......it brings in millions so I doubt they'll mind. I like nic cage....I am on the list to be his wife......I am thirteen from the top now as he has been busy lately. As a back up I'm on the Sean bean list......only fifth on that list. So a neck and neck race........
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Thursday, July 28, 2011
In need to find an accountant in harrow. I'm a self employed taxi driver?
In need to find an accountant in harrow. I'm a self employed taxi driver?
If you can help me i will aprecate it.
Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
u must be worth a fortune
Answer 2 :
try these people. Don't know too much about them. I suppose you have heard the joke several times by now: Q - why do so many Chinese people live in Harrow? A - Because when they arrive at Heathrow, they go outside, walk up to a black cab and say "harrow, taxi dliver". Sorry - it is more of an audible joke. Contact me if you need it explained!
Answer 3 :
look in the Yellow pages better still ask some tour colleagues for recommendations.
Answer 4 :
You know how to use the internet obviously (you wouldn't be posting otherwise) Type into the search engine search bar (not the i.e/firefox etc search bar) for ACCA or ICAEW (that is Association of certified chartered accountants, or was it chartered certified accountants and also the Institude of Chartered Accountants of England and Wales), one is based near the city of london business library (brewers hall gardens) and the other one is located the other end of London wall (just off Moorgate)
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If you can help me i will aprecate it.
Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
u must be worth a fortune
Answer 2 :
try these people. Don't know too much about them. I suppose you have heard the joke several times by now: Q - why do so many Chinese people live in Harrow? A - Because when they arrive at Heathrow, they go outside, walk up to a black cab and say "harrow, taxi dliver". Sorry - it is more of an audible joke. Contact me if you need it explained!
Answer 3 :
look in the Yellow pages better still ask some tour colleagues for recommendations.
Answer 4 :
You know how to use the internet obviously (you wouldn't be posting otherwise) Type into the search engine search bar (not the i.e/firefox etc search bar) for ACCA or ICAEW (that is Association of certified chartered accountants, or was it chartered certified accountants and also the Institude of Chartered Accountants of England and Wales), one is based near the city of london business library (brewers hall gardens) and the other one is located the other end of London wall (just off Moorgate)
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Thursday, July 14, 2011
Oppurtunities for Chartered Accountant Students in the US/Europe.?
Oppurtunities for Chartered Accountant Students in the US/Europe.?
Im doing my Chartered Accountancy in Bangalore. But i just wanted to know if there are good opportunities for me outside India once im done with my studies. Only thing that would probably differ are the corporate laws and the Accounting Standards. But the IFRS (International Financial Accounting Standards) coming into picture, i think it wont be a problem. But still, for a newly qualified student are there good opportunities abroad is my question.
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Probably best to get some experience at home first.
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Im doing my Chartered Accountancy in Bangalore. But i just wanted to know if there are good opportunities for me outside India once im done with my studies. Only thing that would probably differ are the corporate laws and the Accounting Standards. But the IFRS (International Financial Accounting Standards) coming into picture, i think it wont be a problem. But still, for a newly qualified student are there good opportunities abroad is my question.
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Probably best to get some experience at home first.
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Thursday, July 7, 2011
I am an accountant in the UK but i want to live in Canada. Is there a demand for accountants in industry?
I am an accountant in the UK but i want to live in Canada. Is there a demand for accountants in industry?
Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The demand for accountants in Canada just doesn't add up
Answer 2 :
Accountants are in demand globally. However, you need good track records.
Answer 3 :
the only way to find out is to apply to migrate to Canada or call the Canadian embassy...they keep records as to what employment/professions are needed and where...
Answer 4 :
i have no first hand knowledge of this but my answer to you is YES without a doubt but you need good refs
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Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The demand for accountants in Canada just doesn't add up
Answer 2 :
Accountants are in demand globally. However, you need good track records.
Answer 3 :
the only way to find out is to apply to migrate to Canada or call the Canadian embassy...they keep records as to what employment/professions are needed and where...
Answer 4 :
i have no first hand knowledge of this but my answer to you is YES without a doubt but you need good refs
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Friday, July 1, 2011
can an accountant/financial advisor work for two rival companies at the same time?
can an accountant/financial advisor work for two rival companies at the same time?
Other - Business & Finance - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
surely it would cause a conflict of intrest for the clients?
Answer 2 :
no...it be conflict of interest/confidentiality...I am sure no employer will be so stupid to employ the same
Answer 3 :
if he is reputable & has the honesty & integrity to keep the 2 seperate in his mind , sure , i'm sure it happens quite often
Answer 4 :
Yes on one hand... if the accountant/financial adviser is an independent person/entity. No on the other hand... if the accountant/financial adviser has interest on one company. Conflict of interest may bring about bias mind on the job and this gives room for sentiments in favor of his interest and this is certainly against his work ethics.
Answer 5 :
Most companies would make you sign a form declaring that while you work for them, you will not have any other outside business activities that would conflict with whatever they hire you for. For example, you can't work for Microsoft during the day, and get a part-time job at Apple working nights and week-ends. Conflict of interest, your exposure to trade secrets that you may accidentally share with a competitor, or secrets you may find out about a competitor that could make you liable if anything goes wrong. One can't sell products for two different companies, it gives you no credibility with customers. It's morally and ethically wrong, and with the heightened security and random background checks, one might get away with it for a while, but you will get caught.
Answer 6 :
Technically yes, but it depends in what sense you are asking. A representative can sell products from a multitude of different companies, such as mutual funds from different companies, annuities from different insurers, etc. The rep works for a company which is separate but does have a selling agreement with investment companies that are vendors. However, it would be highly irregular for a securities firm to allow you to work for rival firms. for example, Morgan Stanley and Smith Barney at the same time. I am not 100% sure about accounting firms, but I am fairly certain that it would not be permissible to work for example, H.R. Block and Jackson Hewitt or KPMG and PriceWaterhouse Coopers at the same time either.
Answer 7 :
Yes of course he can. I've acted for two firms of solicitors in the same town. There is no conflict of interest because the best advice is given to both of them.
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Other - Business & Finance - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
surely it would cause a conflict of intrest for the clients?
Answer 2 :
no...it be conflict of interest/confidentiality...I am sure no employer will be so stupid to employ the same
Answer 3 :
if he is reputable & has the honesty & integrity to keep the 2 seperate in his mind , sure , i'm sure it happens quite often
Answer 4 :
Yes on one hand... if the accountant/financial adviser is an independent person/entity. No on the other hand... if the accountant/financial adviser has interest on one company. Conflict of interest may bring about bias mind on the job and this gives room for sentiments in favor of his interest and this is certainly against his work ethics.
Answer 5 :
Most companies would make you sign a form declaring that while you work for them, you will not have any other outside business activities that would conflict with whatever they hire you for. For example, you can't work for Microsoft during the day, and get a part-time job at Apple working nights and week-ends. Conflict of interest, your exposure to trade secrets that you may accidentally share with a competitor, or secrets you may find out about a competitor that could make you liable if anything goes wrong. One can't sell products for two different companies, it gives you no credibility with customers. It's morally and ethically wrong, and with the heightened security and random background checks, one might get away with it for a while, but you will get caught.
Answer 6 :
Technically yes, but it depends in what sense you are asking. A representative can sell products from a multitude of different companies, such as mutual funds from different companies, annuities from different insurers, etc. The rep works for a company which is separate but does have a selling agreement with investment companies that are vendors. However, it would be highly irregular for a securities firm to allow you to work for rival firms. for example, Morgan Stanley and Smith Barney at the same time. I am not 100% sure about accounting firms, but I am fairly certain that it would not be permissible to work for example, H.R. Block and Jackson Hewitt or KPMG and PriceWaterhouse Coopers at the same time either.
Answer 7 :
Yes of course he can. I've acted for two firms of solicitors in the same town. There is no conflict of interest because the best advice is given to both of them.
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Tuesday, June 28, 2011
Which is better Actuary or Chartered Accountant?
Which is better Actuary or Chartered Accountant?
hi i am currently in my first year of university, studying accounting and finance. i am really considering changing course to actuarial science. which do you folks reckon is better in terms of job availability, wages etc? thanks
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
CA
Answer 2 :
actuary if you are that good in maths actuaries are the most well paid professionals in the world
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hi i am currently in my first year of university, studying accounting and finance. i am really considering changing course to actuarial science. which do you folks reckon is better in terms of job availability, wages etc? thanks
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
CA
Answer 2 :
actuary if you are that good in maths actuaries are the most well paid professionals in the world
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Tuesday, June 14, 2011
Finding an accountant for self-employed therapist?
Finding an accountant for self-employed therapist?
Hi, I'm going self-employed so I just opened a business account and my bank advised me to find an accountant... Where is the best place to look for one specialising in my field (complementary therapies)? How do I know I can trust him? How much can I reveal about my financial situation, etc? What kind of rates should I expect to pay, how often would I need him, any advice would be very welcome! Many thanks :-)x
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to the ACCA (Association for Chartered and certified Accountants) website. there is a link there for "find an Accountant". The site will tell you how to find an accountant and what to look for and ask.
Answer 2 :
The best thing to do is find someone already established in your field maybe local and then find out who they use and get some info of them Insider knowledge is key to any business success and im sure you can find someone, maybe even a contact from a course you did to point you in the right direction in this Dont worry about specialised accountants, numbers are numbers after all, the same in any trade. If you dont find anyone search for a book keeper first instead of an accountant. these are considerably cheaper and handle less complex smaller sized businesses and so may work out better for you. Good luck, and in your new venture!
Answer 3 :
Hi Your accountant is a critical part of your team, and they can only give you the best service if they are intimately acquainted with your business and personal financial and life situation and circumstances. Websites can be a helpful start (like the acca one mentioned by a previous respondent) but it can be the personal relationship you have with your accountant that matters. 1. ask your friends if they are already in business - they will tell you if their accountant is any good for them / how they work 2. If you are setting up in premises, ask the people who run nearby premises who their accountant is 3. Pop along to a local business network meeting and you will meet several local accountants - then chat to them. Good sources for this include BNI, BRX, the FSB, your local Chamber of Commerce, and so on. Most decent firms will give you a free first meeting where you get the chance to 'size them up'. Fees do vary - a lot will depend on precisely how much you want them to do, how you want them to do it, and how extensive your personal needs are for advice and guidance. It will also depend how much face to face contact you will need and how much email/telephone support you want. Some people like to chat through their business a lot, some less - it really does depend on your personal aims and experience. An increasing number of firms (like mine) operate a fixed fee policy, where we agree the fee up front and stick to it so there are no surprises. As a new business, watch out for firms that charge purely by the hour (a client of mine got very heavily stung by his previous accountant). Your bank manager may actually know of a few quite good accountants locally that s/he can recommend. I could of course recommend myself (I am a licensed trainer in Neuro-Linguistic Programming and a qualified hypnotherapist as well as an accountant) but that would be unfair of me! Above all, have fun and find an accountant who understands your aspirations. Kind regards David Nicoll "the accountant with attitude"
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Hi, I'm going self-employed so I just opened a business account and my bank advised me to find an accountant... Where is the best place to look for one specialising in my field (complementary therapies)? How do I know I can trust him? How much can I reveal about my financial situation, etc? What kind of rates should I expect to pay, how often would I need him, any advice would be very welcome! Many thanks :-)x
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to the ACCA (Association for Chartered and certified Accountants) website. there is a link there for "find an Accountant". The site will tell you how to find an accountant and what to look for and ask.
Answer 2 :
The best thing to do is find someone already established in your field maybe local and then find out who they use and get some info of them Insider knowledge is key to any business success and im sure you can find someone, maybe even a contact from a course you did to point you in the right direction in this Dont worry about specialised accountants, numbers are numbers after all, the same in any trade. If you dont find anyone search for a book keeper first instead of an accountant. these are considerably cheaper and handle less complex smaller sized businesses and so may work out better for you. Good luck, and in your new venture!
Answer 3 :
Hi Your accountant is a critical part of your team, and they can only give you the best service if they are intimately acquainted with your business and personal financial and life situation and circumstances. Websites can be a helpful start (like the acca one mentioned by a previous respondent) but it can be the personal relationship you have with your accountant that matters. 1. ask your friends if they are already in business - they will tell you if their accountant is any good for them / how they work 2. If you are setting up in premises, ask the people who run nearby premises who their accountant is 3. Pop along to a local business network meeting and you will meet several local accountants - then chat to them. Good sources for this include BNI, BRX, the FSB, your local Chamber of Commerce, and so on. Most decent firms will give you a free first meeting where you get the chance to 'size them up'. Fees do vary - a lot will depend on precisely how much you want them to do, how you want them to do it, and how extensive your personal needs are for advice and guidance. It will also depend how much face to face contact you will need and how much email/telephone support you want. Some people like to chat through their business a lot, some less - it really does depend on your personal aims and experience. An increasing number of firms (like mine) operate a fixed fee policy, where we agree the fee up front and stick to it so there are no surprises. As a new business, watch out for firms that charge purely by the hour (a client of mine got very heavily stung by his previous accountant). Your bank manager may actually know of a few quite good accountants locally that s/he can recommend. I could of course recommend myself (I am a licensed trainer in Neuro-Linguistic Programming and a qualified hypnotherapist as well as an accountant) but that would be unfair of me! Above all, have fun and find an accountant who understands your aspirations. Kind regards David Nicoll "the accountant with attitude"
Read more other entries :
Tuesday, June 7, 2011
what do i need to give to my accountant?
what do i need to give to my accountant?
I went self-employed at the beginning of this yr and now have to do my first tax return. I have an accountant that will do everythin for me, but what will i need to provide him with? i'm dumb when it comes to tax and stuff and dont really know what its all about?!
Other - Taxes - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
every invoice you have done, list of business related expenses
Answer 2 :
All of the invoices, receipts, credit notes etc that you have (hopefully) maintained throughout the tax year as well as bank statements.
Answer 3 :
He will tell you what he needs. Bear in mind that the more you give him (rather than sorting out what is appropriate) the longer it will take him and the more he will charge. Bank statements, purchase invoices, petty cash record, sales records are the minimum.
Answer 4 :
every document realting to your financial activites so thats every purchase every sale every finance / loan acitivity every bank statement every payment made fro TX & NI but ONLY for things related to your work, preferably in date order preferably annotated indicating why this is a business expense, or where it was used if its not immediately clear The more work you do for your accountant the better.. he will then charge you less, or be more open to helping you. So consider abstracting those documents into say a spreadsheet with say monthly balances.. that way round the accoutnant may be less prone to leafing through every invoice if they have confidence that the summary matches the details. at the end of the process the accountant should eb abel to tell you your tax position, ideally they should be able to advise you what to do next year to improve your tax affaris
Answer 5 :
you don't say what you do my partner was self employed but he worked for a subcontractor he only handed in his bank statements showing amount earned per week ,diesel receipts for his work van ,receipts for industrial clothing & footwear ,mobile phone bills
Read more other entries :
I went self-employed at the beginning of this yr and now have to do my first tax return. I have an accountant that will do everythin for me, but what will i need to provide him with? i'm dumb when it comes to tax and stuff and dont really know what its all about?!
Other - Taxes - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
every invoice you have done, list of business related expenses
Answer 2 :
All of the invoices, receipts, credit notes etc that you have (hopefully) maintained throughout the tax year as well as bank statements.
Answer 3 :
He will tell you what he needs. Bear in mind that the more you give him (rather than sorting out what is appropriate) the longer it will take him and the more he will charge. Bank statements, purchase invoices, petty cash record, sales records are the minimum.
Answer 4 :
every document realting to your financial activites so thats every purchase every sale every finance / loan acitivity every bank statement every payment made fro TX & NI but ONLY for things related to your work, preferably in date order preferably annotated indicating why this is a business expense, or where it was used if its not immediately clear The more work you do for your accountant the better.. he will then charge you less, or be more open to helping you. So consider abstracting those documents into say a spreadsheet with say monthly balances.. that way round the accoutnant may be less prone to leafing through every invoice if they have confidence that the summary matches the details. at the end of the process the accountant should eb abel to tell you your tax position, ideally they should be able to advise you what to do next year to improve your tax affaris
Answer 5 :
you don't say what you do my partner was self employed but he worked for a subcontractor he only handed in his bank statements showing amount earned per week ,diesel receipts for his work van ,receipts for industrial clothing & footwear ,mobile phone bills
Read more other entries :
Wednesday, June 1, 2011
i really want to become an accountant?
i really want to become an accountant?
i really want to become an accountant but i dont know what to do. which accountancy firms will train me or which ones do apprenticeships i cant find any. please can anyone help i am 16 and i have left school and can anyone tell me which accountancy firms do apprenticships or train you.
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to a community college while attending school look into staffing agencies and let them know this is what you want to do. Are you good in math? If you are take some accounting courses if you don't want to do the whole going to school but going to school will definitely fulfill what you need. If you have a degree, go to your school and seek career advise from a career adviser or counselor. Looks like you added more detail or I missed it ,since your first posting. Not having any idea where you are would be difficult for anyone to advise a young person like you. If you haven't completed highschool or do not have a GED you should strongly consider it first and talk to a highschool counselor and your parents. The counselor or your parents may have suggestions on internships in Accounting companies or firms that specialize in Accounting. Good luck!
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i really want to become an accountant but i dont know what to do. which accountancy firms will train me or which ones do apprenticeships i cant find any. please can anyone help i am 16 and i have left school and can anyone tell me which accountancy firms do apprenticships or train you.
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to a community college while attending school look into staffing agencies and let them know this is what you want to do. Are you good in math? If you are take some accounting courses if you don't want to do the whole going to school but going to school will definitely fulfill what you need. If you have a degree, go to your school and seek career advise from a career adviser or counselor. Looks like you added more detail or I missed it ,since your first posting. Not having any idea where you are would be difficult for anyone to advise a young person like you. If you haven't completed highschool or do not have a GED you should strongly consider it first and talk to a highschool counselor and your parents. The counselor or your parents may have suggestions on internships in Accounting companies or firms that specialize in Accounting. Good luck!
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Saturday, May 28, 2011
what do I have to do to keep accounts/bookkeeping to give to an accountant if I run an ebay business?
what do I have to do to keep accounts/bookkeeping to give to an accountant if I run an ebay business?
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Ask your accountant what he needs.
Answer 2 :
If you are going to keeps books properly then you can buy actually on eBay account books with incoming and outgoings and how you fill that in is obvious...... all the money you have coming in and all the money you have going out......... or you can just keeps receipts and other information such as bank statements anything with the same info on but i think the accounts ledger (the book) is the best idea
Answer 3 :
You'll need to keep documents of actual costs that you incur. Separate the costs by category, such as shipping & handling costs, supplies (boxes, etc.), fees (such as ebay fees), and then actual sales prices. These items all need to be separated out when preparing your books and your tax return.
Answer 4 :
Sales Purchases Expenses (postage package etc.) Administrative expenses (Accountants Fees, bank charges, Petrol, Office, office supplies, Telephone etc. anything actually used (wholly used) to run the business) Oh , internet charges. Have a seperate bank account from your own personal one. Then you can record payments received and cheques paid out. VAT if you are registered
Read more other entries :
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Ask your accountant what he needs.
Answer 2 :
If you are going to keeps books properly then you can buy actually on eBay account books with incoming and outgoings and how you fill that in is obvious...... all the money you have coming in and all the money you have going out......... or you can just keeps receipts and other information such as bank statements anything with the same info on but i think the accounts ledger (the book) is the best idea
Answer 3 :
You'll need to keep documents of actual costs that you incur. Separate the costs by category, such as shipping & handling costs, supplies (boxes, etc.), fees (such as ebay fees), and then actual sales prices. These items all need to be separated out when preparing your books and your tax return.
Answer 4 :
Sales Purchases Expenses (postage package etc.) Administrative expenses (Accountants Fees, bank charges, Petrol, Office, office supplies, Telephone etc. anything actually used (wholly used) to run the business) Oh , internet charges. Have a seperate bank account from your own personal one. Then you can record payments received and cheques paid out. VAT if you are registered
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Saturday, May 14, 2011
So why do you want to be an accountant?
So why do you want to be an accountant?
Typical interview question.
Other - Careers & Employment - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I dont!!
Answer 2 :
cos i dont have a life
Answer 3 :
I'm bored with lion taming
Answer 4 :
I would say something like "I enjoy making the financial operations of the company more efficient and better organized, and I enjoy working with numbers".
Answer 5 :
i have no friends.
Answer 6 :
Because my name is Nigel. I like to wear a tie even when I have a polar neck jumper on. Ford Mondeos are the greatest cars you can drive. I like to do suduko in my tea breaks.
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Typical interview question.
Other - Careers & Employment - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I dont!!
Answer 2 :
cos i dont have a life
Answer 3 :
I'm bored with lion taming
Answer 4 :
I would say something like "I enjoy making the financial operations of the company more efficient and better organized, and I enjoy working with numbers".
Answer 5 :
i have no friends.
Answer 6 :
Because my name is Nigel. I like to wear a tie even when I have a polar neck jumper on. Ford Mondeos are the greatest cars you can drive. I like to do suduko in my tea breaks.
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Saturday, May 7, 2011
discuss the instrument which accountant working in central and local government to perfom work?
discuss the instrument which accountant working in central and local government to perfom work?
Fundamental accounting principles
Other - Business & Finance - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
What actually are you asking? I'm an Accountant and haven't the faintest idea what your talking about.
Answer 2 :
should`nt this be in the jokes and riddles section
Answer 3 :
You're talking about accounting by governments, i.e. public sector accounting which is different from private sector a/cg. IFAC (International Federation of Accountants) has a committee called The International Public Sector Accounting Standards Board (IPSASB). The IPSASB focuses on the accounting and financial reporting needs of national, regional and local governments, related governmental agencies, and the constituencies they serve. It addresses these needs by issuing and promoting benchmark guidance and facilitating the exchange of information among accountants and those who work in the public sector or rely on its work. The IPSASB's objective, scope of activities and membership are set out in its Terms of Reference. They are also summarized in a fact sheet. I suggest you familiarize yourself with the Board's objectives and pronouncements. Pls refer to the link.
Answer 4 :
They usually use a spreadsheet
Answer 5 :
A calculator and an engaged brain
Answer 6 :
Que?
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Fundamental accounting principles
Other - Business & Finance - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
What actually are you asking? I'm an Accountant and haven't the faintest idea what your talking about.
Answer 2 :
should`nt this be in the jokes and riddles section
Answer 3 :
You're talking about accounting by governments, i.e. public sector accounting which is different from private sector a/cg. IFAC (International Federation of Accountants) has a committee called The International Public Sector Accounting Standards Board (IPSASB). The IPSASB focuses on the accounting and financial reporting needs of national, regional and local governments, related governmental agencies, and the constituencies they serve. It addresses these needs by issuing and promoting benchmark guidance and facilitating the exchange of information among accountants and those who work in the public sector or rely on its work. The IPSASB's objective, scope of activities and membership are set out in its Terms of Reference. They are also summarized in a fact sheet. I suggest you familiarize yourself with the Board's objectives and pronouncements. Pls refer to the link.
Answer 4 :
They usually use a spreadsheet
Answer 5 :
A calculator and an engaged brain
Answer 6 :
Que?
Read more other entries :
Sunday, May 1, 2011
As a Limited company do I need an accountant my law or can I do all the accounts myself?
As a Limited company do I need an accountant my law or can I do all the accounts myself?
Small Business - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You can keep your accounts yourself, but I HIGHLY recommend that you use an accountant to prepare your tax returns. Accountants are the ones who know and keep up on changes in tax laws and tax forms. That's their profession. It can be overwhelming to try to keep up on such things if you are not a dedicated accountant.
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Small Business - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You can keep your accounts yourself, but I HIGHLY recommend that you use an accountant to prepare your tax returns. Accountants are the ones who know and keep up on changes in tax laws and tax forms. That's their profession. It can be overwhelming to try to keep up on such things if you are not a dedicated accountant.
Read more other entries :
Thursday, April 28, 2011
do i need an accountant if i get a limited company or can i file my own accounts at companies house?
do i need an accountant if i get a limited company or can i file my own accounts at companies house?
accountants seem to be so expensive and I would prefer to do stuff myself as its a learning curve and i dont have deep pockets
Small Business - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They have to be audited accounts. Prepared by an auditor/chartered accountant.
Answer 2 :
A good (key word here) accountant will save you money. Of course, one can learn accounting on their own, but then you would need to know how to do two things well, what you are doing to make money, and accounting. In my opinion. I've seen many business fail with someone who does one thing well, and had messed-up books.
Answer 3 :
It depends on the turnover of your company. Assuming you are a small company (based on your other post) you would get total exemption from audit and not need an accountant to prepare or sign your accounts
Answer 4 :
You can do the accounts but they have to be signed off by a certified (?) accountant. He will probably charge you almost as much for this.
Answer 5 :
You should get an accountant to set up your accounts and provide you with guidelines on how to make each common type of entry. The first year or two you should definitely have the accountant do everything for you. You may think accountants are expensive, but if the UK is anything like the US not using an accountant to set things up for you can prove to be much more expensive. Hope this helps Jerry-the-bookkeeper
Answer 6 :
There is a difference between filing an annual return with Companies House and filing one with the tax office. You do not need an accountant to file your annual return with Companies House. You can even do it via their online filing system now.
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accountants seem to be so expensive and I would prefer to do stuff myself as its a learning curve and i dont have deep pockets
Small Business - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They have to be audited accounts. Prepared by an auditor/chartered accountant.
Answer 2 :
A good (key word here) accountant will save you money. Of course, one can learn accounting on their own, but then you would need to know how to do two things well, what you are doing to make money, and accounting. In my opinion. I've seen many business fail with someone who does one thing well, and had messed-up books.
Answer 3 :
It depends on the turnover of your company. Assuming you are a small company (based on your other post) you would get total exemption from audit and not need an accountant to prepare or sign your accounts
Answer 4 :
You can do the accounts but they have to be signed off by a certified (?) accountant. He will probably charge you almost as much for this.
Answer 5 :
You should get an accountant to set up your accounts and provide you with guidelines on how to make each common type of entry. The first year or two you should definitely have the accountant do everything for you. You may think accountants are expensive, but if the UK is anything like the US not using an accountant to set things up for you can prove to be much more expensive. Hope this helps Jerry-the-bookkeeper
Answer 6 :
There is a difference between filing an annual return with Companies House and filing one with the tax office. You do not need an accountant to file your annual return with Companies House. You can even do it via their online filing system now.
Read more other entries :
Thursday, April 14, 2011
As a Limited company do I need an accountant by law or can I do all the accounts myself?
As a Limited company do I need an accountant by law or can I do all the accounts myself?
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You dont NEED an accountant even if you are a corporation, but as with anything it is always best to get a professional if you can afford it or do not know what you are doing. Accounting is a very important part of a business and shouldnt be taken lightly.
Answer 2 :
If you are trained, you can do your book-keeping, journal entries. But, you need to get it audited only because, if you want to sell your business later, it's much easier. And the certified public accountants can then file the necessary taxes for you far more easily. The audit and the tax returns are an annual cost, which is far more equitable. Find a software that is easy to work with, eg. MYOB, then your auditors can pick entries up more easily. If you are not accounting trained, please don't even try. Imagine the pain with the tax department.
Answer 3 :
You do not need an accountant by law. You can do the accounts yourself but more often than not, an accountant will save you money by reducing your tax bill. You will need to be audited if your turnover is more than £5.6 million or your balance sheet is more than £2.8 million.
Answer 4 :
No you don't need an accountant by law, but if you have an accounting background and the know how then you can do it yourself.
Read more other entries :
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You dont NEED an accountant even if you are a corporation, but as with anything it is always best to get a professional if you can afford it or do not know what you are doing. Accounting is a very important part of a business and shouldnt be taken lightly.
Answer 2 :
If you are trained, you can do your book-keeping, journal entries. But, you need to get it audited only because, if you want to sell your business later, it's much easier. And the certified public accountants can then file the necessary taxes for you far more easily. The audit and the tax returns are an annual cost, which is far more equitable. Find a software that is easy to work with, eg. MYOB, then your auditors can pick entries up more easily. If you are not accounting trained, please don't even try. Imagine the pain with the tax department.
Answer 3 :
You do not need an accountant by law. You can do the accounts yourself but more often than not, an accountant will save you money by reducing your tax bill. You will need to be audited if your turnover is more than £5.6 million or your balance sheet is more than £2.8 million.
Answer 4 :
No you don't need an accountant by law, but if you have an accounting background and the know how then you can do it yourself.
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Thursday, April 7, 2011
does a managment accountant have a responsibility to act ethically in providing information to stakeholders?
does a managment accountant have a responsibility to act ethically in providing information to stakeholders?
need to know quickly
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It's important for ethics to be incorporated into any setting of the workplace; especially in management.
Answer 2 :
What an interesting question. A bit worrying to find someone depending on YA for an answer though. I trust you have enough about you to detect the heavy sarcasm
Answer 3 :
Of course.
Answer 4 :
yes as I am sure that the the professional body who gave this accountant his/her qualification have ethical regulations. Also if you are in a position of an expert then under UK law you could be charged with a criminal offence if you knowingly gave negligent information.
Answer 5 :
While many may think this is an easy question, I think it is very difficult. First, ethics is a branch of philosophy which seeks to address questions about morality. How one person interprets what is morally correct may differ from what somebody else will consider. Second, if somebody does something "they" think is morally correct does it mean they should hinder or hurt stakeholders? You have to judge if what you believe is unethical is real a morally wrong business practice or just something you don't agree with. Being bossy and being the boss are not the same thing. So, that brings us to the legal question. A management accountant does have a legal obligation to make sure that wrongful activity is brought to light. A nondisclosure agreement can not be used to shield criminal activities. Lastly, posting this question looking for a yes or no answer is not fair because we need to understand the situation in order to determine if the people involved are actually acting in an unethical manner or are your just ticked about something. As a last resort you can let the stakeholders know about the situation and let them judge for themselves.
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need to know quickly
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It's important for ethics to be incorporated into any setting of the workplace; especially in management.
Answer 2 :
What an interesting question. A bit worrying to find someone depending on YA for an answer though. I trust you have enough about you to detect the heavy sarcasm
Answer 3 :
Of course.
Answer 4 :
yes as I am sure that the the professional body who gave this accountant his/her qualification have ethical regulations. Also if you are in a position of an expert then under UK law you could be charged with a criminal offence if you knowingly gave negligent information.
Answer 5 :
While many may think this is an easy question, I think it is very difficult. First, ethics is a branch of philosophy which seeks to address questions about morality. How one person interprets what is morally correct may differ from what somebody else will consider. Second, if somebody does something "they" think is morally correct does it mean they should hinder or hurt stakeholders? You have to judge if what you believe is unethical is real a morally wrong business practice or just something you don't agree with. Being bossy and being the boss are not the same thing. So, that brings us to the legal question. A management accountant does have a legal obligation to make sure that wrongful activity is brought to light. A nondisclosure agreement can not be used to shield criminal activities. Lastly, posting this question looking for a yes or no answer is not fair because we need to understand the situation in order to determine if the people involved are actually acting in an unethical manner or are your just ticked about something. As a last resort you can let the stakeholders know about the situation and let them judge for themselves.
Read more other entries :
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