i want to find out about accountant roles in twenty centuries?
Financial Aid - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There is different types of accountant and they fullfill different types of roles. Accountants are generally responsible to do the ACCOUNTING/RECORD kEEPING of the finances of the company.
Answer 2 :
If it all adds up in the end then who cares.
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Friday, December 28, 2012
Friday, December 14, 2012
how easy is it to go as a sole trader in IT, do I need an accountant, can I use any compnay name?
how easy is it to go as a sole trader in IT, do I need an accountant, can I use any compnay name?
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There si no register of business names in the UK, you can call yourself whatever you want as long as you dont pass yourself off as someone else. No idea whether you need an accountant - it depends on your own knowledge of accountancy.
Answer 2 :
If you are a sole trader (as opposed to a limited company) you can call yourself almost whatever you want, with the proviso that any legal documents, including letters, invoices, receipts etc contain a phrase similar to this: Joe Bloggs t/a Bytebusters or Bytebusters is a trading name of Joe Bloggs This is in the Business Names Act 1985. I would recommend you use an accountant - but if you have knowledge of book-keeping / accountancy then maybe yo could do it yourself.
Answer 3 :
If you are thinking of becoming a contractor, contact me, I used to be one.
Answer 4 :
Dead easy. Start trading. Get business bank account (your name trading as your company). Get company name. Tell HMRC that you are self employed (they will send self assessment forms). Pay NI monthly minimum. Keep books. Profit becomes your personal income and taxable as such. Don't need accountant necessarily.
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Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There si no register of business names in the UK, you can call yourself whatever you want as long as you dont pass yourself off as someone else. No idea whether you need an accountant - it depends on your own knowledge of accountancy.
Answer 2 :
If you are a sole trader (as opposed to a limited company) you can call yourself almost whatever you want, with the proviso that any legal documents, including letters, invoices, receipts etc contain a phrase similar to this: Joe Bloggs t/a Bytebusters or Bytebusters is a trading name of Joe Bloggs This is in the Business Names Act 1985. I would recommend you use an accountant - but if you have knowledge of book-keeping / accountancy then maybe yo could do it yourself.
Answer 3 :
If you are thinking of becoming a contractor, contact me, I used to be one.
Answer 4 :
Dead easy. Start trading. Get business bank account (your name trading as your company). Get company name. Tell HMRC that you are self employed (they will send self assessment forms). Pay NI monthly minimum. Keep books. Profit becomes your personal income and taxable as such. Don't need accountant necessarily.
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Friday, December 7, 2012
Could I still become an accountant without a driving licence...yet?
Could I still become an accountant without a driving licence...yet?
I'm 20, and I really want a driving licence so that I can become an accountant, but do I really need one per se?
Insurance & Registration - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Unless your job REQUIRES you to use a car during your job, then you don't need one. However, to get hired, you will be better off with your own transportation.
Answer 2 :
The two are quite separate. So the answer is yes you can. The problem arises when an employer wants you to have a driving licence as a condition of employment. Having said that you will pass your driving test so it will not be a great worry to you
Answer 3 :
What? The job involves money, they do not run a taxi service.
Answer 4 :
A licence is not a requirement to be an accountant, full stop. However, some employers may require you to visit clients, or it may be necessary to get to work. I know personally an accountant who doesn't drive, in fact cannot, but he gets to work by train and bus and has done for decades.
Answer 5 :
An accountant sits at a desk pushing a pen around. You don't need a driving license to do that.
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I'm 20, and I really want a driving licence so that I can become an accountant, but do I really need one per se?
Insurance & Registration - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Unless your job REQUIRES you to use a car during your job, then you don't need one. However, to get hired, you will be better off with your own transportation.
Answer 2 :
The two are quite separate. So the answer is yes you can. The problem arises when an employer wants you to have a driving licence as a condition of employment. Having said that you will pass your driving test so it will not be a great worry to you
Answer 3 :
What? The job involves money, they do not run a taxi service.
Answer 4 :
A licence is not a requirement to be an accountant, full stop. However, some employers may require you to visit clients, or it may be necessary to get to work. I know personally an accountant who doesn't drive, in fact cannot, but he gets to work by train and bus and has done for decades.
Answer 5 :
An accountant sits at a desk pushing a pen around. You don't need a driving license to do that.
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Saturday, December 1, 2012
Would you take out a lawn with a turf accountant or tell him to sod off?
Would you take out a lawn with a turf accountant or tell him to sod off?
Words & Wordplay - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you did take out a lawn, when you cudn't afford the repayments, you wouldn't be able to mown!
Answer 2 :
You'd want to be sure he wouldn't grass you up to the inland revenue.
Answer 3 :
I can't fallow that because I've gone to seed, mustn't mown about it
Answer 4 :
They are top soils, the grass is always greener on their side. I wouldn't come a cropper if I was to place a bet on their patch.
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Words & Wordplay - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you did take out a lawn, when you cudn't afford the repayments, you wouldn't be able to mown!
Answer 2 :
You'd want to be sure he wouldn't grass you up to the inland revenue.
Answer 3 :
I can't fallow that because I've gone to seed, mustn't mown about it
Answer 4 :
They are top soils, the grass is always greener on their side. I wouldn't come a cropper if I was to place a bet on their patch.
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Wednesday, November 28, 2012
If it`s found to be legal for the Chancellor of the Exchequer to claim for an accountant to do his tax returns?
If it`s found to be legal for the Chancellor of the Exchequer to claim for an accountant to do his tax returns?
..then what could other members of the Cabinet claim for...?
Current Events - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
this situation is diabolical if any one else had been doing what most not all politicians are doing this is actually benefit fraud and if any normal member of the public did the same thing they would be sent to prison so why haven't they been i think that the policy of slap there wrists and make them say sorry is just abysmal they should be sent straight to prison with everyone else and aside from my tirade against the situation other members of the cabinet can claim almost anything they want and it has gone on for way to long and needs to be stopped. if anyone is in doubt the reason they give themselves for stealing all this money is that they are allowed to claim money for renting or buying a house in london near the place of work there also allowed to claim basic necessities however claiming for the weekly shop a new tv and sky is not real needed to survive another problem is house swapping this is where they claim they live in the house they got for free full time sell it keep the money then move back into there Original house its not right when people cant be supplied drugs on the nhs because theres not enough money and the politicians supposed to be managing this problem and many like it in the country are soaking tax payers money frankly its a disgrace
Answer 2 :
Nice rant Robert :)
Answer 3 :
Given the current rules, pretty much anything, apparently. Bob. Ranting.
Answer 4 :
Is there anything left in this fiasco that surprises you? Its quite obvious that these MP's have an open cheque book,which has shown what a greedy bunch of individuals they really are. I am so pleased that the whole matter on expenses has been brought into the public domain.
Answer 5 :
The thing is about all this is that if you or I or any other man in the street had been found by the Inland Revenue to have been fiddling tax in a particular year then they have the right to go back 6 more years (so 7 in total) to investigate further. Thes MPs are only being investigated for 4 years...so God knows what unlawful claims will have gone undetected
Answer 6 :
Like everything else as time passes the claims fiasco will be forgotten about.Of course the MPs are crooks and their expenses exceed their salaries.All the hot air about sacking offenders is rubbish as their wouldst be any MPs left.No doubt criminal action should be taken against many of them on the grounds of misappropriations of Public Funds,will it happen, Most unlikely.
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..then what could other members of the Cabinet claim for...?
Current Events - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
this situation is diabolical if any one else had been doing what most not all politicians are doing this is actually benefit fraud and if any normal member of the public did the same thing they would be sent to prison so why haven't they been i think that the policy of slap there wrists and make them say sorry is just abysmal they should be sent straight to prison with everyone else and aside from my tirade against the situation other members of the cabinet can claim almost anything they want and it has gone on for way to long and needs to be stopped. if anyone is in doubt the reason they give themselves for stealing all this money is that they are allowed to claim money for renting or buying a house in london near the place of work there also allowed to claim basic necessities however claiming for the weekly shop a new tv and sky is not real needed to survive another problem is house swapping this is where they claim they live in the house they got for free full time sell it keep the money then move back into there Original house its not right when people cant be supplied drugs on the nhs because theres not enough money and the politicians supposed to be managing this problem and many like it in the country are soaking tax payers money frankly its a disgrace
Answer 2 :
Nice rant Robert :)
Answer 3 :
Given the current rules, pretty much anything, apparently. Bob. Ranting.
Answer 4 :
Is there anything left in this fiasco that surprises you? Its quite obvious that these MP's have an open cheque book,which has shown what a greedy bunch of individuals they really are. I am so pleased that the whole matter on expenses has been brought into the public domain.
Answer 5 :
The thing is about all this is that if you or I or any other man in the street had been found by the Inland Revenue to have been fiddling tax in a particular year then they have the right to go back 6 more years (so 7 in total) to investigate further. Thes MPs are only being investigated for 4 years...so God knows what unlawful claims will have gone undetected
Answer 6 :
Like everything else as time passes the claims fiasco will be forgotten about.Of course the MPs are crooks and their expenses exceed their salaries.All the hot air about sacking offenders is rubbish as their wouldst be any MPs left.No doubt criminal action should be taken against many of them on the grounds of misappropriations of Public Funds,will it happen, Most unlikely.
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Wednesday, November 14, 2012
what is capital accountant means?is there any course to become capital accountant in uk?
what is capital accountant means?is there any course to become capital accountant in uk?
United Kingdom - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
To produce timely and accurate management reports including weekly and monthly cash flow forecast reports and summary reports on the capital development programme investigating variances from budget and reporting on re-forecasts.
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United Kingdom - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
To produce timely and accurate management reports including weekly and monthly cash flow forecast reports and summary reports on the capital development programme investigating variances from budget and reporting on re-forecasts.
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Wednesday, November 7, 2012
discuss the instrument which accountant working in central and local government employ to perfom work?
discuss the instrument which accountant working in central and local government employ to perfom work?
Fundamental accounting principles
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This sounds like a test question and if it is you should do your own work!
Answer 2 :
General Accepted Accounting Principles (GAAP) -If you are in the US. General Accounting Principles (GAP) -in UK International Financial Reporting Standards (IFRS) -for everybody in the world (Public traded companies for the time being. Check www.iasb.co.uk
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.
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Fundamental accounting principles
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This sounds like a test question and if it is you should do your own work!
Answer 2 :
General Accepted Accounting Principles (GAAP) -If you are in the US. General Accounting Principles (GAP) -in UK International Financial Reporting Standards (IFRS) -for everybody in the world (Public traded companies for the time being. Check www.iasb.co.uk
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.
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Thursday, November 1, 2012
An accountant that works in Wales - could there possibly be a worse job?
An accountant that works in Wales - could there possibly be a worse job?
Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
At least your not a sheep, then you really would have it bad!!
Answer 2 :
What are you trying to ask or say?
Answer 3 :
Yes, get a job with John Lewis in the warehouse. Your superiors all wear suits and have little respect for their employees. Everyone is treated like something from the bottom of their shoes. Don't believe me, go and get a job and prepare yourself for the worst.
Answer 4 :
An accountant that doesn't work in Wales
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Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
At least your not a sheep, then you really would have it bad!!
Answer 2 :
What are you trying to ask or say?
Answer 3 :
Yes, get a job with John Lewis in the warehouse. Your superiors all wear suits and have little respect for their employees. Everyone is treated like something from the bottom of their shoes. Don't believe me, go and get a job and prepare yourself for the worst.
Answer 4 :
An accountant that doesn't work in Wales
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Sunday, October 28, 2012
what should i be earning per annual as aat intermediate qualified accountant?
what should i be earning per annual as aat intermediate qualified accountant?
Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
According to Salary.com, you should be making between: $52,103 $57,604 $64,508 The median salary is $57,604. Of course where you live will have a big impact on these amounts. Go to Salary.com and enter your job and your zip code it will tell you what the average person in your area makes at your job.
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Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
According to Salary.com, you should be making between: $52,103 $57,604 $64,508 The median salary is $57,604. Of course where you live will have a big impact on these amounts. Go to Salary.com and enter your job and your zip code it will tell you what the average person in your area makes at your job.
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Sunday, October 14, 2012
how much money does an accountant earn per year?
how much money does an accountant earn per year?
Polls & Surveys - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Depends on who you work for!
Answer 2 :
Depends on the accountant, who they're employed by and where they are.
Answer 3 :
It varies a lot
Answer 4 :
Spam by Aaron ¬_¬ They would earn more than i can count..... 57k+
Answer 5 :
around 45,000-60,000 alott of moneys lol
Answer 6 :
depends for which firm u work
Answer 7 :
As much as they want they steal money what criminals
Answer 8 :
approx 50 000 euro per year
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Polls & Surveys - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Depends on who you work for!
Answer 2 :
Depends on the accountant, who they're employed by and where they are.
Answer 3 :
It varies a lot
Answer 4 :
Spam by Aaron ¬_¬ They would earn more than i can count..... 57k+
Answer 5 :
around 45,000-60,000 alott of moneys lol
Answer 6 :
depends for which firm u work
Answer 7 :
As much as they want they steal money what criminals
Answer 8 :
approx 50 000 euro per year
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Sunday, October 7, 2012
What GCSE do you have to take to be an accountant? ?
What GCSE do you have to take to be an accountant? ?
It would really help because i need to chose my topics this year.
Standards & Testing - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Wikipedia: "Accountancy". They have a list of the Professional Bodies who set things like this.
Answer 2 :
Business would be a good one to choose. :) x
Answer 3 :
it doesnt really matter about gcses its more about a levels for a levels i'd recommened maths economics if you can do it business studies...
Answer 4 :
Your GCSE's Dont Actually Matter. If You Can Try To Take Business As Already Said Above I Think. But Its All About Your A Levels. =)
Answer 5 :
My friend just got a job in accounts. Her qualifications were; As many maths GCSE's as you can take (some schools do different one like statistics etc) And as already said, Business Studies. Then go to college and either do Accounting, Business Studies degree specialising in finance or AAT. Normally you will have to have done Business or Basic accounts before you can do AAT because it is the advanced accounting course. Without it you will start as an accounts assistant but with it you can start off with a higher position.
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It would really help because i need to chose my topics this year.
Standards & Testing - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Wikipedia: "Accountancy". They have a list of the Professional Bodies who set things like this.
Answer 2 :
Business would be a good one to choose. :) x
Answer 3 :
it doesnt really matter about gcses its more about a levels for a levels i'd recommened maths economics if you can do it business studies...
Answer 4 :
Your GCSE's Dont Actually Matter. If You Can Try To Take Business As Already Said Above I Think. But Its All About Your A Levels. =)
Answer 5 :
My friend just got a job in accounts. Her qualifications were; As many maths GCSE's as you can take (some schools do different one like statistics etc) And as already said, Business Studies. Then go to college and either do Accounting, Business Studies degree specialising in finance or AAT. Normally you will have to have done Business or Basic accounts before you can do AAT because it is the advanced accounting course. Without it you will start as an accounts assistant but with it you can start off with a higher position.
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Monday, October 1, 2012
how much on average do you earn an hour being an accountant? (scotland)?
how much on average do you earn an hour being an accountant? (scotland)?
i am good at maths in school and thinking about becoming an accountant but want to know how much i would earn an hour ?
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Too much
Answer 2 :
There is a wide variety of jobs and salaries in the accountancy field. For jobs in Scotland have a look at the Scotcareers website here: http://www.scotcareers.co.uk/jobs-scotland-accountancy.html A quick look shows that salaries vary from £19,000 to £65,000 per annum. That would be roughly £10 to £35 per hour. Those are jobs working for employers. Self-employed accountants could charge a lot more per hour for their services depending on their qualifications. This answer was provided by Enquire, a 24-hour, live question answering and enquiry service offered by public librarians across England and Scotland in collaboration with partners in the United States. If you liked our answer and would like us to help you find another, you can chat with one of us right now by clicking on Enquire on the People's network at http://www.peoplesnetwork.gov.uk.
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i am good at maths in school and thinking about becoming an accountant but want to know how much i would earn an hour ?
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Too much
Answer 2 :
There is a wide variety of jobs and salaries in the accountancy field. For jobs in Scotland have a look at the Scotcareers website here: http://www.scotcareers.co.uk/jobs-scotland-accountancy.html A quick look shows that salaries vary from £19,000 to £65,000 per annum. That would be roughly £10 to £35 per hour. Those are jobs working for employers. Self-employed accountants could charge a lot more per hour for their services depending on their qualifications. This answer was provided by Enquire, a 24-hour, live question answering and enquiry service offered by public librarians across England and Scotland in collaboration with partners in the United States. If you liked our answer and would like us to help you find another, you can chat with one of us right now by clicking on Enquire on the People's network at http://www.peoplesnetwork.gov.uk.
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Friday, September 28, 2012
how can i become an accountant?
how can i become an accountant?
i have no qualifications or previous experience am a mother of three and really want to be an accountant
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to college, major in accounting, take the CPA exam and pass.
Answer 2 :
apply to a 4-year school and major in accounting. If you have to ask the colleges you are intersted in if they have night school.
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i have no qualifications or previous experience am a mother of three and really want to be an accountant
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to college, major in accounting, take the CPA exam and pass.
Answer 2 :
apply to a 4-year school and major in accounting. If you have to ask the colleges you are intersted in if they have night school.
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Friday, September 14, 2012
ive just become self employed- i know i can claim expenses for an accountant but i do i pay them..??
ive just become self employed- i know i can claim expenses for an accountant but i do i pay them..??
and keep the receipt and claim back at a later date or do i just sign something to waver the fees???????? why foxychick?
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
they won't waive their fee. You pay as usual, keep the receipt or cancelled check and claim it on your taxes.
Answer 2 :
You have to pay them, they still expect their fee Its revenue you'll be claiming back from & you wouldnt be gettin the whole lot back either.
Answer 3 :
You can claim your accountant's fee on your expenses on your Tax Return. The financial benefit to you will be at your top rate of tax. If you pay 22%, you benefit by £22 for every £100 you pay your accountant, if 40%, you benefit at £40 for every £100 charged. You do not get all your fees back. Keep your receipt in case HMRC ask for your papers/accounts. You won't benefit by a lump sum, or get the fee paid for you, your tax bill will be reduced.
Answer 4 :
Try buying an up to date book or CD -Rom on tax practices. Accountants have a bad habit habit of letting bills accumulate and one year runs into another. Better if you read a bit before committing yourself to an unknown. Try the Internet. Post a Question to the experts. It will cost little but get a printout.
Answer 5 :
In order to claim any expensives you should have actually paid or acrued them first. Any cost you incur to operate your as business can potentially be considered as expenses. You don't "claim back" expenses as such, they still have to be paid out, but can offset them against your income so you'll pay less tax. The tax benefit is you won't be liable for tax on that amount of your earnings. If you engage an accountant they will expect to be paid for their services and the fees will be a business expense. If you don't pay an accountant you can't (legally) claim accountancy as an expense.
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and keep the receipt and claim back at a later date or do i just sign something to waver the fees???????? why foxychick?
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
they won't waive their fee. You pay as usual, keep the receipt or cancelled check and claim it on your taxes.
Answer 2 :
You have to pay them, they still expect their fee Its revenue you'll be claiming back from & you wouldnt be gettin the whole lot back either.
Answer 3 :
You can claim your accountant's fee on your expenses on your Tax Return. The financial benefit to you will be at your top rate of tax. If you pay 22%, you benefit by £22 for every £100 you pay your accountant, if 40%, you benefit at £40 for every £100 charged. You do not get all your fees back. Keep your receipt in case HMRC ask for your papers/accounts. You won't benefit by a lump sum, or get the fee paid for you, your tax bill will be reduced.
Answer 4 :
Try buying an up to date book or CD -Rom on tax practices. Accountants have a bad habit habit of letting bills accumulate and one year runs into another. Better if you read a bit before committing yourself to an unknown. Try the Internet. Post a Question to the experts. It will cost little but get a printout.
Answer 5 :
In order to claim any expensives you should have actually paid or acrued them first. Any cost you incur to operate your as business can potentially be considered as expenses. You don't "claim back" expenses as such, they still have to be paid out, but can offset them against your income so you'll pay less tax. The tax benefit is you won't be liable for tax on that amount of your earnings. If you engage an accountant they will expect to be paid for their services and the fees will be a business expense. If you don't pay an accountant you can't (legally) claim accountancy as an expense.
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Friday, September 7, 2012
Part qualified accountant, but cant find a job?!!! am i the only one?!!?
Part qualified accountant, but cant find a job?!!! am i the only one?!!?
I am a Part qualified accountant student(ACCA). But I havent been able to find a job in my field of work, because i have not got any uk experience. I have work as a trainee accounts clerk back in my home country(i have got references) but its does not seem to help much.
Higher Education (University +) - 9 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i am not Advice for you! Question aways comes first, then you type a small comment without putting a question at the end of it! You get better results!
Answer 2 :
part qualified means only part trusted
Answer 3 :
Come over to Ireland. We can't get staff!
Answer 4 :
I am an accountant, always have a job. You should come to the US :)
Answer 5 :
would you let a part-qualified brain surgeon operate on you ? The very first 2 words tell me you're not finished learning yet...I'd leave alone and move onto the next applicant. Constructively speaking, perhaps you could re-think and present yourself rather than immedaitely set the scene that you are not ready for the role
Answer 6 :
Look for a lower grade job. Loads of places look for people who have or are studying toward AAT. Your experience abroad won't count for much as it's difficult to assess and verify what you've been doing. There are lost of accountants qualifying every year (me too soon!) so experience is key.
Answer 7 :
I live and work in the North East - we have often taken part qualified staff (most of them studying for their AAT exams). Can I suggest you register with agencies and do some temp' work? Two of our staff gained their experience that way.
Answer 8 :
I'm qualified to Level 3 I worked in accounts for a small business and did everything except the wages! Why don't you go back to college and finish studying or do the next level if that's what you are interested in. Most people will employ you if you have working knowledge, are competent, willing to learn and show an understanding in the job. It just depends what wages you are hoping to earn. Don't expect too much until you have proved yourself. You can always get your qualifications on an evening course.
Answer 9 :
small company will hire you. Question of finding one.
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I am a Part qualified accountant student(ACCA). But I havent been able to find a job in my field of work, because i have not got any uk experience. I have work as a trainee accounts clerk back in my home country(i have got references) but its does not seem to help much.
Higher Education (University +) - 9 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i am not Advice for you! Question aways comes first, then you type a small comment without putting a question at the end of it! You get better results!
Answer 2 :
part qualified means only part trusted
Answer 3 :
Come over to Ireland. We can't get staff!
Answer 4 :
I am an accountant, always have a job. You should come to the US :)
Answer 5 :
would you let a part-qualified brain surgeon operate on you ? The very first 2 words tell me you're not finished learning yet...I'd leave alone and move onto the next applicant. Constructively speaking, perhaps you could re-think and present yourself rather than immedaitely set the scene that you are not ready for the role
Answer 6 :
Look for a lower grade job. Loads of places look for people who have or are studying toward AAT. Your experience abroad won't count for much as it's difficult to assess and verify what you've been doing. There are lost of accountants qualifying every year (me too soon!) so experience is key.
Answer 7 :
I live and work in the North East - we have often taken part qualified staff (most of them studying for their AAT exams). Can I suggest you register with agencies and do some temp' work? Two of our staff gained their experience that way.
Answer 8 :
I'm qualified to Level 3 I worked in accounts for a small business and did everything except the wages! Why don't you go back to college and finish studying or do the next level if that's what you are interested in. Most people will employ you if you have working knowledge, are competent, willing to learn and show an understanding in the job. It just depends what wages you are hoping to earn. Don't expect too much until you have proved yourself. You can always get your qualifications on an evening course.
Answer 9 :
small company will hire you. Question of finding one.
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Saturday, September 1, 2012
I want to be an accountant?
I want to be an accountant?
i want to be an accountant but the job centre is not helping that much. I am willing to take up unpaid work just but don't know how to go about it.
United Kingdom - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
College or University to get quallified or beg for a job with an accountant who offers training.
Answer 2 :
It's a long hard slog getting qualified (5 years). Start by looking at the ICAEW or ACCA websites.
Read more other entries :
i want to be an accountant but the job centre is not helping that much. I am willing to take up unpaid work just but don't know how to go about it.
United Kingdom - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
College or University to get quallified or beg for a job with an accountant who offers training.
Answer 2 :
It's a long hard slog getting qualified (5 years). Start by looking at the ICAEW or ACCA websites.
Read more other entries :
Tuesday, August 28, 2012
Do I need an accountant?
Do I need an accountant?
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts. End of year accounts I can do myself-particuarly with online self assesment. Am I wasting time and money going to an accountant?
United Kingdom - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You are better with an accountant,when dealing with tax man and VAT man ,if you are registered for VAT, at the end of each financial year. The signature of a registered accountant makes all the difference and in my view worth every penny.
Answer 2 :
Talk to a tax advisor at least, if not an accountant, to get some advice about your returns. With regard to the budgeting and creditors/debts, they can set up your records so that you can track due payment dates and lodgements etc to see what's coming up and how the funds are. I find you really have to do most of the legwork yourself - I draw up a creditor list at the start of each week for the month ahead, and a payment plan. It usually works well, but it does need tending to - otherwise the bills can pile up before you know where you are. Good luck!
Answer 3 :
There are accountants that deal with small firms. I had one when I was a driving instructor working for myself and found him well worth the small fee he charged
Answer 4 :
yes, an accountant will save you money, (more than they charge you. works out 3/1 in your favour).....Just do it, it's well worth it.....I am speaking from experince......I was self-employed for 8 years.....never paid a 1p in tax......down to my accountant.
Answer 5 :
I would say it would be worth paying one on a one off basis just to go over things, they may be able to help you save some money or give advise about changes.
Answer 6 :
Presuming paying back debts are amounts owed by your customers, you would not necessarily require an accountant. A competent bookkeeper would be able to help you sort out budgets and chase your bad debts. However, using an accountant can often save money in the long run. You could write up your own books, produce a profit and loss account and balance sheet and ask an accountant to review these. An accountant should do more than check your records. Accountants keep up with government legislation, and can often save you money when there are various options on how to treat certain transactions. Accountants can very often save you tax. They will give you advise on whether to lease, buy via a loan or hire purchase, when this arises. They would provide information to mortgage suppliers. Banks and mortgage suppliers would often require a third party to verify your profits. Accountants would also advise you on what you can and cannot claim. These are just a few services an accountant can provide. The list is endless. Why not visit two or three accountants, and find out what they can do for you. Most accountants will not charge for an initial meeting.
Answer 7 :
You do not have choice. An accountant is a must he has been trained he has the knowledge he greets you nicely at the first visit, free of charge, he'll save time and tax money but once you're on his book....beware, all the gain you get is his reward.
Answer 8 :
Beware, if you want an accountant to deal with the Revenue that is for Self Assessment, VAT, PAYE, first you must complete a form 64-8 which authorises that accountant to discuss your tax affairs with the Revenue under the Data Protection Act, otherwise the Revenue should not discuss your tax affairs with anybody but you. That means your wife/partner can not discuss your tax affairs. Once you give the Revenue that authority they will discuss your tax affairs with the accountant, particulary if you nominate all post etc to go to your accountant first. HOWEVER, it is you that remain the responsible person. You CANNOT blame your accountant if tax returns are submitted late and you receive penalties, it remains your responsibility to ensure your accountant does the correct thing at the correct time. There are accountants out there that do not, and then leave you holding the baby as there is no come back on them.
Read more other entries :
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts. End of year accounts I can do myself-particuarly with online self assesment. Am I wasting time and money going to an accountant?
United Kingdom - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You are better with an accountant,when dealing with tax man and VAT man ,if you are registered for VAT, at the end of each financial year. The signature of a registered accountant makes all the difference and in my view worth every penny.
Answer 2 :
Talk to a tax advisor at least, if not an accountant, to get some advice about your returns. With regard to the budgeting and creditors/debts, they can set up your records so that you can track due payment dates and lodgements etc to see what's coming up and how the funds are. I find you really have to do most of the legwork yourself - I draw up a creditor list at the start of each week for the month ahead, and a payment plan. It usually works well, but it does need tending to - otherwise the bills can pile up before you know where you are. Good luck!
Answer 3 :
There are accountants that deal with small firms. I had one when I was a driving instructor working for myself and found him well worth the small fee he charged
Answer 4 :
yes, an accountant will save you money, (more than they charge you. works out 3/1 in your favour).....Just do it, it's well worth it.....I am speaking from experince......I was self-employed for 8 years.....never paid a 1p in tax......down to my accountant.
Answer 5 :
I would say it would be worth paying one on a one off basis just to go over things, they may be able to help you save some money or give advise about changes.
Answer 6 :
Presuming paying back debts are amounts owed by your customers, you would not necessarily require an accountant. A competent bookkeeper would be able to help you sort out budgets and chase your bad debts. However, using an accountant can often save money in the long run. You could write up your own books, produce a profit and loss account and balance sheet and ask an accountant to review these. An accountant should do more than check your records. Accountants keep up with government legislation, and can often save you money when there are various options on how to treat certain transactions. Accountants can very often save you tax. They will give you advise on whether to lease, buy via a loan or hire purchase, when this arises. They would provide information to mortgage suppliers. Banks and mortgage suppliers would often require a third party to verify your profits. Accountants would also advise you on what you can and cannot claim. These are just a few services an accountant can provide. The list is endless. Why not visit two or three accountants, and find out what they can do for you. Most accountants will not charge for an initial meeting.
Answer 7 :
You do not have choice. An accountant is a must he has been trained he has the knowledge he greets you nicely at the first visit, free of charge, he'll save time and tax money but once you're on his book....beware, all the gain you get is his reward.
Answer 8 :
Beware, if you want an accountant to deal with the Revenue that is for Self Assessment, VAT, PAYE, first you must complete a form 64-8 which authorises that accountant to discuss your tax affairs with the Revenue under the Data Protection Act, otherwise the Revenue should not discuss your tax affairs with anybody but you. That means your wife/partner can not discuss your tax affairs. Once you give the Revenue that authority they will discuss your tax affairs with the accountant, particulary if you nominate all post etc to go to your accountant first. HOWEVER, it is you that remain the responsible person. You CANNOT blame your accountant if tax returns are submitted late and you receive penalties, it remains your responsibility to ensure your accountant does the correct thing at the correct time. There are accountants out there that do not, and then leave you holding the baby as there is no come back on them.
Read more other entries :
Tuesday, August 14, 2012
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to?
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to?
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to transfer but there is no requirements for suppliers. I have 2 properties, what would you suggest for me to do in order to get immigration to either australia/new zealand, or canada. What are the upper age limits?
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I am pretty sure that your age would be no hindrance at all, you still have 20-25 years available in the workplace to contribute to their economy. You have no ties family wise, have a good profession and your finances are likely to be better than most migrants. To be honest i would have thought that you would be the sort of migrant any of these countries would welcome with open arms as you would almost certainly be a contributor to their economy and not a drain on it and a valued member of their society Your biggest problem may be which to choose from!
Read more other entries :
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to transfer but there is no requirements for suppliers. I have 2 properties, what would you suggest for me to do in order to get immigration to either australia/new zealand, or canada. What are the upper age limits?
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I am pretty sure that your age would be no hindrance at all, you still have 20-25 years available in the workplace to contribute to their economy. You have no ties family wise, have a good profession and your finances are likely to be better than most migrants. To be honest i would have thought that you would be the sort of migrant any of these countries would welcome with open arms as you would almost certainly be a contributor to their economy and not a drain on it and a valued member of their society Your biggest problem may be which to choose from!
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Tuesday, August 7, 2012
how much commission paid to recruitment agent from employer, for a post like accountant or actuary?
how much commission paid to recruitment agent from employer, for a post like accountant or actuary?
Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They recruitment agency is usually paid an percentage of the salary taken up.
Answer 2 :
20%
Answer 3 :
Agencies generally take a % of the final agreed salary for the successful candidate - this figure is normally between 15 - 20% dependent on which agency.
Read more other entries :
Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They recruitment agency is usually paid an percentage of the salary taken up.
Answer 2 :
20%
Answer 3 :
Agencies generally take a % of the final agreed salary for the successful candidate - this figure is normally between 15 - 20% dependent on which agency.
Read more other entries :
Wednesday, August 1, 2012
Do you know of a good accountant in Leicestershire/Northamptonshire/Bedfordshire ??
Do you know of a good accountant in Leicestershire/Northamptonshire/Bedfordshire ??
By good I mean a firm that specialises in dealing with the self employed and small limited companies. A firm that knows the legal tax loopholes and is happy to tell you about them. I currently use a big 'well respected' firm but they are not interested in businesses below £500K turnover and can take a month to answer a simple tax query while charging a huge amount. So if you are one, or you use one, please let me know.
Other - United Kingdom - 0 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i have used one in leicester and one in northampton ... how strange dont think i ought to put their details on here though and you dont accept email
Answer 2 :
why not do it by post or on the web. our accountants are in hampshire and have done our a/c since1982,they are good. cornishandco.couk queen st emsworth hants
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By good I mean a firm that specialises in dealing with the self employed and small limited companies. A firm that knows the legal tax loopholes and is happy to tell you about them. I currently use a big 'well respected' firm but they are not interested in businesses below £500K turnover and can take a month to answer a simple tax query while charging a huge amount. So if you are one, or you use one, please let me know.
Other - United Kingdom - 0 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i have used one in leicester and one in northampton ... how strange dont think i ought to put their details on here though and you dont accept email
Answer 2 :
why not do it by post or on the web. our accountants are in hampshire and have done our a/c since1982,they are good. cornishandco.couk queen st emsworth hants
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Saturday, July 28, 2012
Career as an Accountant or Software Developer/Programmer?
Career as an Accountant or Software Developer/Programmer?
Can't decide which career I wish to take. Which has the most benefits and job security. Thanks
Other - Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I uncovered the resource in the box below recently when I was searching for a fresh career. I was in a dead-end job but I wasn't sure what I wanted to do or how to get there. The tips and tricks on the site helped me to settle on my fresh career, and gave me some good thoughts about how to begin.
Answer 2 :
Both careers have to good with math. Being said , Both is a good career. Depend on you IT industry involves fast changing , so your skills have to update constantly before it becomes obsolete.
Answer 3 :
Which do you enjoy? The world will always need accountants. The work is not that exciting but the rules of the game don't change that much. It's a safe choice but it can be a grind. As a software developer you get to design and create things. It's a little more interesting but there's always some new technology/language/architecture that you must overcome. If you can maintain a certain level of proficiency you'll have just as much job security as an accountant and you might enjoy the creative aspect.
Answer 4 :
Well with being a software developer you could in a sense work anywhere in the world. Theres lots of freelance programming sites where you can make from $50-$4000 for making a programme for someone so say if you couldn't find a job or you get fired etc etc you can live off working for free lance which I think will be class when Im finished college until I get a job and even when I get a job if I want to make a couple of more dollars I just make a programme and sell it. I dont know much about accounting
Read more other entries :
Can't decide which career I wish to take. Which has the most benefits and job security. Thanks
Other - Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I uncovered the resource in the box below recently when I was searching for a fresh career. I was in a dead-end job but I wasn't sure what I wanted to do or how to get there. The tips and tricks on the site helped me to settle on my fresh career, and gave me some good thoughts about how to begin.
Answer 2 :
Both careers have to good with math. Being said , Both is a good career. Depend on you IT industry involves fast changing , so your skills have to update constantly before it becomes obsolete.
Answer 3 :
Which do you enjoy? The world will always need accountants. The work is not that exciting but the rules of the game don't change that much. It's a safe choice but it can be a grind. As a software developer you get to design and create things. It's a little more interesting but there's always some new technology/language/architecture that you must overcome. If you can maintain a certain level of proficiency you'll have just as much job security as an accountant and you might enjoy the creative aspect.
Answer 4 :
Well with being a software developer you could in a sense work anywhere in the world. Theres lots of freelance programming sites where you can make from $50-$4000 for making a programme for someone so say if you couldn't find a job or you get fired etc etc you can live off working for free lance which I think will be class when Im finished college until I get a job and even when I get a job if I want to make a couple of more dollars I just make a programme and sell it. I dont know much about accounting
Read more other entries :
Saturday, July 14, 2012
What is the main role of an accountant in the NHS?
What is the main role of an accountant in the NHS?
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Accounting activities of NHS and making NHS responsible and accountable to its customers/ dealers/vendors/ patrons
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Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Accounting activities of NHS and making NHS responsible and accountable to its customers/ dealers/vendors/ patrons
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Saturday, July 7, 2012
Shotgun application. Can a retired accountant countersign a shotgun application?
Shotgun application. Can a retired accountant countersign a shotgun application?
Hunting - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I tried to understand the ins and out of UK gun laws a while ago. I had to sit down and wait for the head ache to disappear. I'm going to stick to simpler problems, like DNA triptase decoding, Theoretical mathematics and the religious implications of Spongebob Squarepants.
Answer 2 :
Yes The countersignatory must be one of the class of persons identified in Part D on the back of the application form. The term 'person of similar standing' include persons whose names can be found in a public book of reference including members of professional bodies (such as architects, accountants, surveyors). Persons who hold, or have held, a regular commission in Her Majesty's Forces or who are qualified teachers in recognised schools. An applicant's employer may also sign if it is a well established business and the applicant is well known to him. Members of your immediate family, registered firearm dealers, serving police officers and police employees cannot act as countersignatories. If the ghost can not understand a simple form such as our shotgun certificate then he has no chance with the stuff he lists. Good luck with your application.
Answer 3 :
Unless he/she is known to the police as being untrustworthy!
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Hunting - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I tried to understand the ins and out of UK gun laws a while ago. I had to sit down and wait for the head ache to disappear. I'm going to stick to simpler problems, like DNA triptase decoding, Theoretical mathematics and the religious implications of Spongebob Squarepants.
Answer 2 :
Yes The countersignatory must be one of the class of persons identified in Part D on the back of the application form. The term 'person of similar standing' include persons whose names can be found in a public book of reference including members of professional bodies (such as architects, accountants, surveyors). Persons who hold, or have held, a regular commission in Her Majesty's Forces or who are qualified teachers in recognised schools. An applicant's employer may also sign if it is a well established business and the applicant is well known to him. Members of your immediate family, registered firearm dealers, serving police officers and police employees cannot act as countersignatories. If the ghost can not understand a simple form such as our shotgun certificate then he has no chance with the stuff he lists. Good luck with your application.
Answer 3 :
Unless he/she is known to the police as being untrustworthy!
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Sunday, July 1, 2012
what qualifications do you need to be an accountant?
what qualifications do you need to be an accountant?
can you fast track the learning or does it take years
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You have to go to college for 4 years and major in accounting to become an accountant. You will have even better job opportunities if you go another 1-2 years and get a masters degree in accounting. Good Luck!
Answer 2 :
http://www.cimaglobal.com/cps/rde/xchg/live/root.xsl/index.htm
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can you fast track the learning or does it take years
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You have to go to college for 4 years and major in accounting to become an accountant. You will have even better job opportunities if you go another 1-2 years and get a masters degree in accounting. Good Luck!
Answer 2 :
http://www.cimaglobal.com/cps/rde/xchg/live/root.xsl/index.htm
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Thursday, June 28, 2012
Which 2 GCSE option shall I take to become a doctor/nurse or accountant?
Which 2 GCSE option shall I take to become a doctor/nurse or accountant?
Which shall I take History, Business Studies or Art.. This are the optional core subjects... which shall I take?
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
None if these subjects will help you become a doctor or nurse: You would need Biology, Chemistry or Physics Accountant: Business Studies would help but why not accounts?
Answer 2 :
you do not Need any of these subjects however i was told the other day that history is becoming increasingly more important in medicine now when it comes to university level.
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Which shall I take History, Business Studies or Art.. This are the optional core subjects... which shall I take?
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
None if these subjects will help you become a doctor or nurse: You would need Biology, Chemistry or Physics Accountant: Business Studies would help but why not accounts?
Answer 2 :
you do not Need any of these subjects however i was told the other day that history is becoming increasingly more important in medicine now when it comes to university level.
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Thursday, June 14, 2012
my experience in accountant for canada immigration is for 3 yrs now in sales will be fine as my file is open .?
my experience in accountant for canada immigration is for 3 yrs now in sales will be fine as my file is open .?
when i applied i had put on accountant base but now in sales i have experience when my file is open now so will it be consider
Immigration - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Wow I would focus on your English. Edit - or French
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when i applied i had put on accountant base but now in sales i have experience when my file is open now so will it be consider
Immigration - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Wow I would focus on your English. Edit - or French
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Thursday, June 7, 2012
Is it possible -with a clever accountant?
Is it possible -with a clever accountant?
for a company to buy a product in bulk and sell it -then claim tax back off it- thereby actually buying the product for a profit? I ask because I work for WHSmiths and they have sold off games consoles for 10 pence(my b*stard manager got a nintendo Wii)
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you are 100% sure of the facts then report them but be prepared to lose your job
Answer 2 :
Happens all the time....if you feel that way about your manager, get a new job.
Answer 3 :
More likely this is what is called a 'loss leader' Many big companies virtually give away some stock for many reasons, to grab the attention of thousands of customers so there is lots of media coverage, massive word of mouth and it all starts this mad rush to the store. This also creates an image that it's possible to get absolute bargains in this store that stays with people for years. So the company loses a few thousand on the consoles, but it sells the games and accessories which they might buy while in the store, and then they wander around and pick other goods too. As an ex retail manager i've done this lots of times in the past and things similar like competitions where you post your entry in the store box (right at the back of the store), freebies for kids, just anything to get people into the store and build up a huge level of interest. It's nothing for WHSmiths to give away a few hundred of these, the profits come in the games anyway.
Answer 4 :
I keep reading ur question and wondering what ur on about??? Companies DO buy products in bulk They then sell it The purchase is shown in their outgoings (to claim the tax) And the sale will show in their eerrmmm sales (tax due) And all their products are brought for profit Maybe iv read ur question wrong?
Answer 5 :
Surely, this is how marketting in business works where the people at the top of the tree can change the rules but ensure that the people at the bottom of the tree don't.
Read more other entries :
for a company to buy a product in bulk and sell it -then claim tax back off it- thereby actually buying the product for a profit? I ask because I work for WHSmiths and they have sold off games consoles for 10 pence(my b*stard manager got a nintendo Wii)
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you are 100% sure of the facts then report them but be prepared to lose your job
Answer 2 :
Happens all the time....if you feel that way about your manager, get a new job.
Answer 3 :
More likely this is what is called a 'loss leader' Many big companies virtually give away some stock for many reasons, to grab the attention of thousands of customers so there is lots of media coverage, massive word of mouth and it all starts this mad rush to the store. This also creates an image that it's possible to get absolute bargains in this store that stays with people for years. So the company loses a few thousand on the consoles, but it sells the games and accessories which they might buy while in the store, and then they wander around and pick other goods too. As an ex retail manager i've done this lots of times in the past and things similar like competitions where you post your entry in the store box (right at the back of the store), freebies for kids, just anything to get people into the store and build up a huge level of interest. It's nothing for WHSmiths to give away a few hundred of these, the profits come in the games anyway.
Answer 4 :
I keep reading ur question and wondering what ur on about??? Companies DO buy products in bulk They then sell it The purchase is shown in their outgoings (to claim the tax) And the sale will show in their eerrmmm sales (tax due) And all their products are brought for profit Maybe iv read ur question wrong?
Answer 5 :
Surely, this is how marketting in business works where the people at the top of the tree can change the rules but ensure that the people at the bottom of the tree don't.
Read more other entries :
Friday, June 1, 2012
i am an accounting technician. i do not want to be an accountant. what are my options for advanced.?
i am an accounting technician. i do not want to be an accountant. what are my options for advanced.?
being realistic how far can i go in accounting and how long would it take. or which areas of accounting would i have more opportunities in . also what would be my maximum salary possible if i achieved advancement.
Financial Services - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need to study for your AAT's
Answer 2 :
well i dont know too much about accountants, but i know of an accountant who drives round in a bentley
Answer 3 :
Hi are you actually a MAAT? If so, you need to decide at this stage what you want to do, the sky's the limit even without becoming an accountant. You can earn up to £20k as an accounting technician. after that its career progress through experience, or you can decide to specialise in payroll or taxation. Dont close your mind to advancement via accounting qualifications, these may not be as daunting as they seem. Have a look at ACCA.
Answer 4 :
Why, if you do not want to be an accountant, would you stay in that field? No way to answer the others- too many variables and don't know where you live, which makes a HUGE difference. FYI- Technically you are an accountant now- you work in accounting, which is what makes one an accountant.
Answer 5 :
If you have done your CAT, AAT..you have many option..You can go in the field of taxation...or if you have decided not to study accountancy....then go for CFA...you will be linked in the stock / bond/ market...if u like this area...salary is too good..
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being realistic how far can i go in accounting and how long would it take. or which areas of accounting would i have more opportunities in . also what would be my maximum salary possible if i achieved advancement.
Financial Services - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need to study for your AAT's
Answer 2 :
well i dont know too much about accountants, but i know of an accountant who drives round in a bentley
Answer 3 :
Hi are you actually a MAAT? If so, you need to decide at this stage what you want to do, the sky's the limit even without becoming an accountant. You can earn up to £20k as an accounting technician. after that its career progress through experience, or you can decide to specialise in payroll or taxation. Dont close your mind to advancement via accounting qualifications, these may not be as daunting as they seem. Have a look at ACCA.
Answer 4 :
Why, if you do not want to be an accountant, would you stay in that field? No way to answer the others- too many variables and don't know where you live, which makes a HUGE difference. FYI- Technically you are an accountant now- you work in accounting, which is what makes one an accountant.
Answer 5 :
If you have done your CAT, AAT..you have many option..You can go in the field of taxation...or if you have decided not to study accountancy....then go for CFA...you will be linked in the stock / bond/ market...if u like this area...salary is too good..
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Monday, May 28, 2012
Who gets Paid more an Accountant Or a Solicitor?
Who gets Paid more an Accountant Or a Solicitor?
Law & Ethics - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
if you ask them an accountant will deny being paid and a solicitor will ask for a court judgement before he or she will answer
Answer 2 :
solicitor
Answer 3 :
Yes. Or was it NO. Either answer in more accurate than Accountant OR Solicitor. I PROMISE there are accountants that earn more than the average solicitor and solicitors that earn more than the average accountant. If you are considering both fields for your own career, money should NOT be the deciding factor. Choose the one that is best for YOU an you will earn more then you would in the other field.
Answer 4 :
solicitor------he/she does it legally
Answer 5 :
They are both rip off merchants.
Answer 6 :
Both get paid to much for jobs which are basicaly a mouthpiece and basic arithmatic or number shuffler
Read more other entries :
Law & Ethics - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
if you ask them an accountant will deny being paid and a solicitor will ask for a court judgement before he or she will answer
Answer 2 :
solicitor
Answer 3 :
Yes. Or was it NO. Either answer in more accurate than Accountant OR Solicitor. I PROMISE there are accountants that earn more than the average solicitor and solicitors that earn more than the average accountant. If you are considering both fields for your own career, money should NOT be the deciding factor. Choose the one that is best for YOU an you will earn more then you would in the other field.
Answer 4 :
solicitor------he/she does it legally
Answer 5 :
They are both rip off merchants.
Answer 6 :
Both get paid to much for jobs which are basicaly a mouthpiece and basic arithmatic or number shuffler
Read more other entries :
Monday, May 14, 2012
Qualifications for an accountant?
Qualifications for an accountant?
I really want to be an accountant i love the finer things in life, my grand farther was an account but sadly he passed away 2 years ago. Im starting my exams this June and i really need to know what i need to do from there. I dont know what college course to pick for becoming an accountant? Can anyone please help? any websites, bits of information anything will do!
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Of course,try this link http://www.helpvilla.com/article_list.php?mid=Nw==&k=eQ==
Answer 2 :
Try the website below, it will give you a list of all the qualifications and requirements you will need to become an accountant as well as the relevant courses you need.
Read more other entries :
I really want to be an accountant i love the finer things in life, my grand farther was an account but sadly he passed away 2 years ago. Im starting my exams this June and i really need to know what i need to do from there. I dont know what college course to pick for becoming an accountant? Can anyone please help? any websites, bits of information anything will do!
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Of course,try this link http://www.helpvilla.com/article_list.php?mid=Nw==&k=eQ==
Answer 2 :
Try the website below, it will give you a list of all the qualifications and requirements you will need to become an accountant as well as the relevant courses you need.
Read more other entries :
Monday, May 7, 2012
how much money can i earn as an accountant?
how much money can i earn as an accountant?
Looking at Careers,Now that I am leaving school
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There are some salary surveys here. You really need to qualify to get the best money though.
Answer 2 :
about $45,000 if you just finished universtiy with accounting major, and then the salary will go up if you get your professional accounting designation, e..g., CPA, and gain more years of work experiences. If you make it as a chief financial officer of a multinational firm, your yearly salary wil be in 6 or 7 figures.
Read more other entries :
Looking at Careers,Now that I am leaving school
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There are some salary surveys here. You really need to qualify to get the best money though.
Answer 2 :
about $45,000 if you just finished universtiy with accounting major, and then the salary will go up if you get your professional accounting designation, e..g., CPA, and gain more years of work experiences. If you make it as a chief financial officer of a multinational firm, your yearly salary wil be in 6 or 7 figures.
Read more other entries :
Tuesday, May 1, 2012
What will an accountant do for me??
What will an accountant do for me??
Im unsure on the work an accountant does. I want to start a small business and need to know what they will do for me.
Small Business - 11 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
the accounts.
Answer 2 :
You probably won't need an accountant, until it is time to file your taxes, unless you want one to do your books for you, such as monthly journal entries for sales, cash receipts, cash payments, etc. If you are familiar with how to record daily activities of a business, you probably won't need one. Also, you may need one for payroll, but you would probably be able to hire a bookkeeper who could do this for you, if you will have several employees. I work for a public accounting firm and we have some clients that we do the bookkeeping for each month, simply because they do not have the capabilities to do it. Outside of that, you'll probably need one to do your taxes for you each year. The only other reason you may need one is if you happen to have substantial business debt and the bank may require you to have an audit performed each year. This is doubtful, from the wording of your question.
Answer 3 :
they can tell u if u are broke or making money. they can help u stay out of trouble with IRS. when starting ' small ' business the library is a great place to go. most 'small' biz start ups can use simple book keeping programs (pencils/paper) to track cash in v.s. cash out.
Answer 4 :
they will do more for you than h and r block will ever do, go to a ceritifed cpa not account, they will protect you and your small business assests, I have been in business now for 15 years and I have seen many of my friends go down the path of using just an account or going to big corp name tax prepare such as jackson hewitt or h& R and loose everythng they have. CPA go to school and they contiue to go to achool and they know all the lastest tax laws this is there bread and butter not just a sesonal thing to do in there life, so if anything please take my advice and all the experience that iahve been thru and invest into a certified CPA and build your business off a good solid foundation.
Answer 5 :
your tax returns. Work out your profit and loss account, you pay tax on your profit. Take my advice and get one, oh and keep you recipts and bank statements in order and try to keep expenses coming out of the same account, it makes life easier.
Answer 6 :
I'm not sure what country you're from, but I'm in SA. I'm a bookkeeper at an acountants firm. I know that tax is different in different countries, but the basic principles are the same especially when it comes to small businesses. Firstly there are monthly returns that have to be submitted and then there are annual tax returns to be submitted. MONTHLY: A bookkeeper/accountant, will have a meeting with you to discuss what will be needed from you(accountatns and bookkeepers charge on time spent so there is no set fees for monthly work). Generally thats your bank statement, cheque schedule, any credit card statements. They will capture this and give you a breakdown of your expenses and income. Work out your monthly returns and how mcuh you will have to pay or how much you will receive from the tax man. ANNUAL: When it is tax time, they will receive all of your medical aid certificates, income and expenses information from you, capture it if needed(if you've kept slips-KEEP THESE!), fill in your documentation and send it in to the tax man. They will estimate how much you will receive/pay from the tax man and when they receive an assessment from them they will tell you how much you owe or how much you will get back and arrange payment to be made to or from you. Hope that helps!
Answer 7 :
UUUM! lets think. AAAH! your accounts.
Answer 8 :
because you will be your own boss, you will need to file quarterly. The accountant can help you file quarterly. Plus you will need to figure out taxes and payroll for all your employees. weekly? biweekly? you will need to keep track of this for your quarterly and yearly taxes. You may also have equipment deductions and purchases for taxes. The accountant will also be able to tell you what other deductions you may have. You will also need a lawyer to set up a corporation and get a tax ID number for your company. If you own your own land or store, you may be able to deduct from that too. What about car mileage? You will also need to set up an account at the bank to withhold taxes for your business and employees.
Answer 9 :
Accountant, will maintain your Account Books Systematically. Money realized, money spent or paid. You recruit, Accountant full time or part time or out source the service, that all depends upon what you choose.
Answer 10 :
They will take your money. All you need to do is keep track of your income and expenses, then go to H+R Block when it's time to file your tax returns.
Answer 11 :
An accountant can do pretty much anything between nothing and having a firm grip on your business. Initially you'll probably want to at least discuss some of the tax implications, tax relief, VAT and incorporation with him before you go into business. From then on you could just use them to help with those issues and provide advice or you could outsource all your bookkeeping and have them provide a full bureau and reporting service - or anything in between those two extremes.
Read more other entries :
Im unsure on the work an accountant does. I want to start a small business and need to know what they will do for me.
Small Business - 11 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
the accounts.
Answer 2 :
You probably won't need an accountant, until it is time to file your taxes, unless you want one to do your books for you, such as monthly journal entries for sales, cash receipts, cash payments, etc. If you are familiar with how to record daily activities of a business, you probably won't need one. Also, you may need one for payroll, but you would probably be able to hire a bookkeeper who could do this for you, if you will have several employees. I work for a public accounting firm and we have some clients that we do the bookkeeping for each month, simply because they do not have the capabilities to do it. Outside of that, you'll probably need one to do your taxes for you each year. The only other reason you may need one is if you happen to have substantial business debt and the bank may require you to have an audit performed each year. This is doubtful, from the wording of your question.
Answer 3 :
they can tell u if u are broke or making money. they can help u stay out of trouble with IRS. when starting ' small ' business the library is a great place to go. most 'small' biz start ups can use simple book keeping programs (pencils/paper) to track cash in v.s. cash out.
Answer 4 :
they will do more for you than h and r block will ever do, go to a ceritifed cpa not account, they will protect you and your small business assests, I have been in business now for 15 years and I have seen many of my friends go down the path of using just an account or going to big corp name tax prepare such as jackson hewitt or h& R and loose everythng they have. CPA go to school and they contiue to go to achool and they know all the lastest tax laws this is there bread and butter not just a sesonal thing to do in there life, so if anything please take my advice and all the experience that iahve been thru and invest into a certified CPA and build your business off a good solid foundation.
Answer 5 :
your tax returns. Work out your profit and loss account, you pay tax on your profit. Take my advice and get one, oh and keep you recipts and bank statements in order and try to keep expenses coming out of the same account, it makes life easier.
Answer 6 :
I'm not sure what country you're from, but I'm in SA. I'm a bookkeeper at an acountants firm. I know that tax is different in different countries, but the basic principles are the same especially when it comes to small businesses. Firstly there are monthly returns that have to be submitted and then there are annual tax returns to be submitted. MONTHLY: A bookkeeper/accountant, will have a meeting with you to discuss what will be needed from you(accountatns and bookkeepers charge on time spent so there is no set fees for monthly work). Generally thats your bank statement, cheque schedule, any credit card statements. They will capture this and give you a breakdown of your expenses and income. Work out your monthly returns and how mcuh you will have to pay or how much you will receive from the tax man. ANNUAL: When it is tax time, they will receive all of your medical aid certificates, income and expenses information from you, capture it if needed(if you've kept slips-KEEP THESE!), fill in your documentation and send it in to the tax man. They will estimate how much you will receive/pay from the tax man and when they receive an assessment from them they will tell you how much you owe or how much you will get back and arrange payment to be made to or from you. Hope that helps!
Answer 7 :
UUUM! lets think. AAAH! your accounts.
Answer 8 :
because you will be your own boss, you will need to file quarterly. The accountant can help you file quarterly. Plus you will need to figure out taxes and payroll for all your employees. weekly? biweekly? you will need to keep track of this for your quarterly and yearly taxes. You may also have equipment deductions and purchases for taxes. The accountant will also be able to tell you what other deductions you may have. You will also need a lawyer to set up a corporation and get a tax ID number for your company. If you own your own land or store, you may be able to deduct from that too. What about car mileage? You will also need to set up an account at the bank to withhold taxes for your business and employees.
Answer 9 :
Accountant, will maintain your Account Books Systematically. Money realized, money spent or paid. You recruit, Accountant full time or part time or out source the service, that all depends upon what you choose.
Answer 10 :
They will take your money. All you need to do is keep track of your income and expenses, then go to H+R Block when it's time to file your tax returns.
Answer 11 :
An accountant can do pretty much anything between nothing and having a firm grip on your business. Initially you'll probably want to at least discuss some of the tax implications, tax relief, VAT and incorporation with him before you go into business. From then on you could just use them to help with those issues and provide advice or you could outsource all your bookkeeping and have them provide a full bureau and reporting service - or anything in between those two extremes.
Read more other entries :
Saturday, April 28, 2012
How Much Does An Accountant Get Paid Per Year ? x?
How Much Does An Accountant Get Paid Per Year ? x?
Estimate Of How Much An Accountant Gets Paid Per Year x
Financial Services - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
16 million.
Answer 2 :
what country region state county city company education?
Answer 3 :
Three times as much as he declares to the tax man
Answer 4 :
An Accountants salary is directly related to the duties and responsibilities said accountant performs and the level of education required in order to do the job.
Answer 5 :
£15,000 - £30,000 per annum
Answer 6 :
£20000 - 30000 + a year Even more when theyre being their own boss!
Answer 7 :
In the US accountants make $45,000- $48,000 starting with a bachelors degree. Senior Accountants with 5 years or so exp. make about $75,000. CPA:S MAKE $55,000 starting.
Read more other entries :
Estimate Of How Much An Accountant Gets Paid Per Year x
Financial Services - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
16 million.
Answer 2 :
what country region state county city company education?
Answer 3 :
Three times as much as he declares to the tax man
Answer 4 :
An Accountants salary is directly related to the duties and responsibilities said accountant performs and the level of education required in order to do the job.
Answer 5 :
£15,000 - £30,000 per annum
Answer 6 :
£20000 - 30000 + a year Even more when theyre being their own boss!
Answer 7 :
In the US accountants make $45,000- $48,000 starting with a bachelors degree. Senior Accountants with 5 years or so exp. make about $75,000. CPA:S MAKE $55,000 starting.
Read more other entries :
Saturday, April 14, 2012
can i take my accountant to court for doing my tax return wrong?
can i take my accountant to court for doing my tax return wrong?
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
In the US, the liability would be limited to the penalties and interest but, yes you could take them to court. Example: If his error resulted in you owing additional money, the government will charge you the additional money, interest on that money plus a penalty. The accountant would be liable for the interest and the fines/penalty but you would be liable for the underpayment amount. If his error resulted in you getting additional money back, then he would only be liable (maybe) for any interest you lost. The US does not fine people for errors that result in overpayments.
Answer 2 :
yeah , drag tht fat ass$ to court, he did mine wrong too,,buh i forgive him..
Answer 3 :
Almost certainly yes. You would be entitled to recover any costs incurred by his error. EG any interest or penalties due to the taxman, any costs involved in re-doing your return etc. You would probably have a case under breach of contract, for not providing a satisfatory service etc. You may also have a case in negligence if the quality of his work has fallen below that expected of a reasonable accountant. Either way the outcome would be the same. You should not have to sue him though. If he did your returns and they are obviously wrong then he should accept the mistake and reimburse you. If he refuses it may be easier and quicker for you to approach his professional body rather than the courts.
Answer 4 :
It depends on what the impact of the incorrect return was. However, if you signed it, then you are responsible for whats in it.
Answer 5 :
Yes of course you can. But to get damages, you have to prove that you have suffered loss. Most tax errors can be corrected, so it's unlikely you've actually suffered a loss.
Read more other entries :
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
In the US, the liability would be limited to the penalties and interest but, yes you could take them to court. Example: If his error resulted in you owing additional money, the government will charge you the additional money, interest on that money plus a penalty. The accountant would be liable for the interest and the fines/penalty but you would be liable for the underpayment amount. If his error resulted in you getting additional money back, then he would only be liable (maybe) for any interest you lost. The US does not fine people for errors that result in overpayments.
Answer 2 :
yeah , drag tht fat ass$ to court, he did mine wrong too,,buh i forgive him..
Answer 3 :
Almost certainly yes. You would be entitled to recover any costs incurred by his error. EG any interest or penalties due to the taxman, any costs involved in re-doing your return etc. You would probably have a case under breach of contract, for not providing a satisfatory service etc. You may also have a case in negligence if the quality of his work has fallen below that expected of a reasonable accountant. Either way the outcome would be the same. You should not have to sue him though. If he did your returns and they are obviously wrong then he should accept the mistake and reimburse you. If he refuses it may be easier and quicker for you to approach his professional body rather than the courts.
Answer 4 :
It depends on what the impact of the incorrect return was. However, if you signed it, then you are responsible for whats in it.
Answer 5 :
Yes of course you can. But to get damages, you have to prove that you have suffered loss. Most tax errors can be corrected, so it's unlikely you've actually suffered a loss.
Read more other entries :
Saturday, April 7, 2012
how to become an accountant?
how to become an accountant?
please help. I have a science degree. but unfortunately i didn't do too well and only got a 2:2. i want to go into accountant. what are the routes of becoming as accountant? i have experience in data input. i'm lost and don't know what to do. how would I become an accountant without studying for a 3 years accounting degree. does anyone know the routes of becoming an accountant? how long would it take? thanks.
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I have BS Finance and oldest son has BS Accounting plus he passed state CPA examination and has CPA license. If you already have degree, then 2 choices and cheapest economical way would be first to take and complete BASIC ACCOUNTING COURSES (normally 2 courses: one full year). FYI they are not easy in terms of grasping all various accounting concepts necessary to post Income Statement and other required statements bec how well you do and understand leads to more difficult 3rd course INTERMEDIATE ACCOUNTING followed by various ACCOUNTING SPECIALTIES and ADVANCED COURSES <= these are the ones you have to reakky understand well in order to pass all "4 parts" of Certified Public Accounting EXAMINATION. I work daily with CPA's and if you are able to pass and do well in 3 above courses: 2 should be available at local community college and they even now teach in local high schools, then your best route is to pursue MBA or Masters degree in Accounting. Hope the Above Info Helps!
Answer 2 :
There are accountants and there are accountants. The range of activities is huge. There are those who work for small organisations to keep the books, advise owners and file the statutory accounts. There are those who are in private practice and who support small businesses providing book keeping, auditing,tax returns and statutory accounts. There are those who work in industry where they may have a specialist role with responsibility for scores of people and multi-million pound budgets. There are those who work for the 'Big 4' accounting and management consultancy firms who advise governments or conduct business for some of the biggest companies on earth. I have a friend, called an accountant, who tots up the VAT liability of a council department. There is a whole spectrum of activity loosely called accountancy. You do not give any clues where your interests lie. The big accountancy firms provide their own training to an exceptionally high standard. They do not necessarily require prior accountancy qualifications but they do want the best brains and can afford to be highly selective. A 2:2 degree is unlikely to excite them. If you can find a training position with one of the middle ranking firms, you will still need to train, probably using distance learning with the odd classroom session and also on the job. There is a lot to know as accountancy is much broader than book keeping. You will learn about many aspects of law, taxation, accounting standards, economics, statistics, organisation theory, information systems and the like. Some of this you will probably already know. Councils and some commercial companies will have their own training schemes. Smaller companies will not have the resources to train and will be looking for qualified, experienced staff. There are a few professional accountancy bodies (e.g. ICAEW), including one for public service accountants (CIPFA), each with its own entry requirements and qualification structure. Professional standards are high and you can expect training to require a lot of commitment on your part over a number of years. There is an intermediate qualification, Member of the Association of Accounting Technicians (MAAT), that is worthwhile in its own right and will open many doors though probably not get you to the top. It all depends on the level at which you want to operate. I suggest that you might want to capitalise on your science degree and aim higher than MAAT - though it is a perfectly robust qualification and incredibly useful in business. Accountancy probably has as much diversity as engineering so you might need to give some more thought to what interests you about accountancy and business so you have a better idea of how to position any application you might make. It's another of those situations in which you need to make some sort of choice before you fully understand the options. Don't worry. You can adjust your direction once the landscape falls into place, which will only happen once you step over the threshold. Good luck.
Answer 3 :
Two good answers here already. Have you notices how these accounting professional answered your question? They used capital letters, commas, periods and a host of other common English grammar skills to make their point. Accounting is not just about numbers, it's also about explaining, in writing, what those numbers me. English writing skills are mandatory. And as for your grammar....
Answer 4 :
you could do an AAT course..
Answer 5 :
there are possiblities in UK (NTA) but I need more informations to give you a concrete answer - send me a mail
Read more other entries :
please help. I have a science degree. but unfortunately i didn't do too well and only got a 2:2. i want to go into accountant. what are the routes of becoming as accountant? i have experience in data input. i'm lost and don't know what to do. how would I become an accountant without studying for a 3 years accounting degree. does anyone know the routes of becoming an accountant? how long would it take? thanks.
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I have BS Finance and oldest son has BS Accounting plus he passed state CPA examination and has CPA license. If you already have degree, then 2 choices and cheapest economical way would be first to take and complete BASIC ACCOUNTING COURSES (normally 2 courses: one full year). FYI they are not easy in terms of grasping all various accounting concepts necessary to post Income Statement and other required statements bec how well you do and understand leads to more difficult 3rd course INTERMEDIATE ACCOUNTING followed by various ACCOUNTING SPECIALTIES and ADVANCED COURSES <= these are the ones you have to reakky understand well in order to pass all "4 parts" of Certified Public Accounting EXAMINATION. I work daily with CPA's and if you are able to pass and do well in 3 above courses: 2 should be available at local community college and they even now teach in local high schools, then your best route is to pursue MBA or Masters degree in Accounting. Hope the Above Info Helps!
Answer 2 :
There are accountants and there are accountants. The range of activities is huge. There are those who work for small organisations to keep the books, advise owners and file the statutory accounts. There are those who are in private practice and who support small businesses providing book keeping, auditing,tax returns and statutory accounts. There are those who work in industry where they may have a specialist role with responsibility for scores of people and multi-million pound budgets. There are those who work for the 'Big 4' accounting and management consultancy firms who advise governments or conduct business for some of the biggest companies on earth. I have a friend, called an accountant, who tots up the VAT liability of a council department. There is a whole spectrum of activity loosely called accountancy. You do not give any clues where your interests lie. The big accountancy firms provide their own training to an exceptionally high standard. They do not necessarily require prior accountancy qualifications but they do want the best brains and can afford to be highly selective. A 2:2 degree is unlikely to excite them. If you can find a training position with one of the middle ranking firms, you will still need to train, probably using distance learning with the odd classroom session and also on the job. There is a lot to know as accountancy is much broader than book keeping. You will learn about many aspects of law, taxation, accounting standards, economics, statistics, organisation theory, information systems and the like. Some of this you will probably already know. Councils and some commercial companies will have their own training schemes. Smaller companies will not have the resources to train and will be looking for qualified, experienced staff. There are a few professional accountancy bodies (e.g. ICAEW), including one for public service accountants (CIPFA), each with its own entry requirements and qualification structure. Professional standards are high and you can expect training to require a lot of commitment on your part over a number of years. There is an intermediate qualification, Member of the Association of Accounting Technicians (MAAT), that is worthwhile in its own right and will open many doors though probably not get you to the top. It all depends on the level at which you want to operate. I suggest that you might want to capitalise on your science degree and aim higher than MAAT - though it is a perfectly robust qualification and incredibly useful in business. Accountancy probably has as much diversity as engineering so you might need to give some more thought to what interests you about accountancy and business so you have a better idea of how to position any application you might make. It's another of those situations in which you need to make some sort of choice before you fully understand the options. Don't worry. You can adjust your direction once the landscape falls into place, which will only happen once you step over the threshold. Good luck.
Answer 3 :
Two good answers here already. Have you notices how these accounting professional answered your question? They used capital letters, commas, periods and a host of other common English grammar skills to make their point. Accounting is not just about numbers, it's also about explaining, in writing, what those numbers me. English writing skills are mandatory. And as for your grammar....
Answer 4 :
you could do an AAT course..
Answer 5 :
there are possiblities in UK (NTA) but I need more informations to give you a concrete answer - send me a mail
Read more other entries :
Sunday, April 1, 2012
Can I sue my accountant who left me with a 80k tax bill? I am a self employed plumber?
Can I sue my accountant who left me with a 80k tax bill? I am a self employed plumber?
United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You certainly can if he was at fault.
Answer 2 :
yes if he/she acted negligently and did not do a proper job but most accountants and also HMRC would rely on you to sign of the returns so its catch 22 they will most likely turn it on you
Answer 3 :
Only if he did something wrong! If you actually do owe the money then he isn't at fault.
Answer 4 :
Not if you actually owe the tax - if he's made an error you can ask the tax office to re-assess first then perhaps you may have a case for damages
Answer 5 :
It depends on whether he has performed negligently - that is if he has not acted in a way a reasonable accountant would. That standard would be greater if he is professionally qualified (eg as a Chartered or Certified Accountant). What you do not say is why you have a 80k tax bill. If it is tax that is properly due, and there is no reasonable way you could have avoided that tax, then the accountant is not at fault and you have no case. If it is because he failed to advise you to make a tax election, say, that he should have been aware would have been beneficial to you, then you can. If you can provide more information as to how the tax bill arose, and why it might have been lower but for some negligence on the part of your accountant, then we may be able to offer you a more detailed answer.
Answer 6 :
It all depends! A professional adviser has a duty of care. If he/she has been negligent then yes, there would be a prima facie case to sue for compensation. It depends on what you hired the Accountant to do. You should look at the engagement letter which he should have given you when he started working for you.
Read more other entries :
United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You certainly can if he was at fault.
Answer 2 :
yes if he/she acted negligently and did not do a proper job but most accountants and also HMRC would rely on you to sign of the returns so its catch 22 they will most likely turn it on you
Answer 3 :
Only if he did something wrong! If you actually do owe the money then he isn't at fault.
Answer 4 :
Not if you actually owe the tax - if he's made an error you can ask the tax office to re-assess first then perhaps you may have a case for damages
Answer 5 :
It depends on whether he has performed negligently - that is if he has not acted in a way a reasonable accountant would. That standard would be greater if he is professionally qualified (eg as a Chartered or Certified Accountant). What you do not say is why you have a 80k tax bill. If it is tax that is properly due, and there is no reasonable way you could have avoided that tax, then the accountant is not at fault and you have no case. If it is because he failed to advise you to make a tax election, say, that he should have been aware would have been beneficial to you, then you can. If you can provide more information as to how the tax bill arose, and why it might have been lower but for some negligence on the part of your accountant, then we may be able to offer you a more detailed answer.
Answer 6 :
It all depends! A professional adviser has a duty of care. If he/she has been negligent then yes, there would be a prima facie case to sue for compensation. It depends on what you hired the Accountant to do. You should look at the engagement letter which he should have given you when he started working for you.
Read more other entries :
Wednesday, March 28, 2012
Can I become an accountant?
Can I become an accountant?
I have just finished a degree in mathematics. I would like to become a trainee accountant but have no relevant work experience. I have heard that it is possible to become an accountant without a degree. Do I have a chance at being accepted to be a trainee accountant when I have no previous experience?
Financial Services - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
have a look on the AAT website, you can go to college to study this, even do it part time, it will help you with getting on the ladder and going further into accounting.
Answer 2 :
Hello If you want to be an accountant, you can go through the ACCA or ICAEW route. Just look them up online and read about them. You may not need another degree to become an accountant, but we will still need to sit some papers, 14 of them! which ever route you chose. But if you have a maths degree, you could even consider becoming an actuary. It's really well paid, and you'll manage it fine, if you're good in maths.
Answer 3 :
You cant be a trainee until you have a university degree in accountancy - I have certificates in book keeping, financial management 25 years of financial work, I worked in banks, lawyers, financial institutions tax office but cannot be a trainee accountant till I have a degree in accounts and a clean credit rating. I could do the job with my eyes shut, I can do ledgers, Vat Returns, wages, tax returns, management accounts, capital expenditure but I cannot do an audit(I know how to) because i am not an accountant.
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I have just finished a degree in mathematics. I would like to become a trainee accountant but have no relevant work experience. I have heard that it is possible to become an accountant without a degree. Do I have a chance at being accepted to be a trainee accountant when I have no previous experience?
Financial Services - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
have a look on the AAT website, you can go to college to study this, even do it part time, it will help you with getting on the ladder and going further into accounting.
Answer 2 :
Hello If you want to be an accountant, you can go through the ACCA or ICAEW route. Just look them up online and read about them. You may not need another degree to become an accountant, but we will still need to sit some papers, 14 of them! which ever route you chose. But if you have a maths degree, you could even consider becoming an actuary. It's really well paid, and you'll manage it fine, if you're good in maths.
Answer 3 :
You cant be a trainee until you have a university degree in accountancy - I have certificates in book keeping, financial management 25 years of financial work, I worked in banks, lawyers, financial institutions tax office but cannot be a trainee accountant till I have a degree in accounts and a clean credit rating. I could do the job with my eyes shut, I can do ledgers, Vat Returns, wages, tax returns, management accounts, capital expenditure but I cannot do an audit(I know how to) because i am not an accountant.
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Wednesday, March 14, 2012
what is an earning salary per yr of an accountant?
what is an earning salary per yr of an accountant?
i want to become an accounant and want to know how much money you get
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
start at 20 work towards 30-50 after few years more
Answer 2 :
a junior accountant with a univestiy degree earns around $55000 per year, while a senior professional accounts earns $200,000 and up per year
Answer 3 :
The average salary for a qualified accountant is £47,000. Obviously, how much experience you have and where you work will affect this.
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i want to become an accounant and want to know how much money you get
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
start at 20 work towards 30-50 after few years more
Answer 2 :
a junior accountant with a univestiy degree earns around $55000 per year, while a senior professional accounts earns $200,000 and up per year
Answer 3 :
The average salary for a qualified accountant is £47,000. Obviously, how much experience you have and where you work will affect this.
Read more other entries :
Wednesday, March 7, 2012
I need a template for an Accountant's Certificate as I have a client needing one for his mortgage application
I need a template for an Accountant's Certificate as I have a client needing one for his mortgage application
Personal Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If he does not have an Accountants Certificate, what you are doing is fraud!
Answer 2 :
Karen, I am assuming you are not a mortgage advisor. There is a mortgage for everyone (without making documents up) apart from people who are currently bankrupt. Have a look at http://www.mortgagebrokers4london.co.uk./mortgage_guide.htm to see different kind of self Cert mortgages.
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Personal Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If he does not have an Accountants Certificate, what you are doing is fraud!
Answer 2 :
Karen, I am assuming you are not a mortgage advisor. There is a mortgage for everyone (without making documents up) apart from people who are currently bankrupt. Have a look at http://www.mortgagebrokers4london.co.uk./mortgage_guide.htm to see different kind of self Cert mortgages.
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Thursday, March 1, 2012
I want to run small business that just sells items. What do I have to do for an accountant and/or book keeping
I want to run small business that just sells items. What do I have to do for an accountant and/or book keeping
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Get a software program like Peachtree or QuickBooks and do it yourself. Then at year end you can find an accountant to help you with your taxes.
Answer 2 :
If you're asking on Yahoo! Answers it's downhill from here
Answer 3 :
You cannot have business that just sells things you have to buy to sell. Unless of course you intend to steal your stock. You can of course sell services where no stock is required, they could be personal or business.
Answer 4 :
Retain Part time Accountant, who has knowledge of Telly.
Answer 5 :
You need to start with how you organize your business. Get a local accountant and lawyer to help you get started and steer clear of any legal problems down the road.
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Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Get a software program like Peachtree or QuickBooks and do it yourself. Then at year end you can find an accountant to help you with your taxes.
Answer 2 :
If you're asking on Yahoo! Answers it's downhill from here
Answer 3 :
You cannot have business that just sells things you have to buy to sell. Unless of course you intend to steal your stock. You can of course sell services where no stock is required, they could be personal or business.
Answer 4 :
Retain Part time Accountant, who has knowledge of Telly.
Answer 5 :
You need to start with how you organize your business. Get a local accountant and lawyer to help you get started and steer clear of any legal problems down the road.
Read more other entries :
Tuesday, February 28, 2012
Can you 'represent' people as their 'agent' regarding tax returns etc if you are not a qualified accountant?
Can you 'represent' people as their 'agent' regarding tax returns etc if you are not a qualified accountant?
United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes. Anyone can act as agent for tax returns. Many elderly people get their relatives or care workers to submit their returns.
Answer 2 :
If you know what you are talking about with regards to the rules of tax returns and have all the facts about the return in question i don't see why not. You would need to check with the tax office involved.
Answer 3 :
Yes, you can. Anyone can act as agent but you need to be authorised before HMRC will discuss any details with you as agent. You do this by submitting a form 64-8 or you can even do it online these days through the HMRC website.
Answer 4 :
Yes you can, although it might not the the best decision by the person being represented. It depends somewhat on the skills of the agent, because if you're somone who knows a lot about tax and VAT etc, but isn't qualified, you can still be a good agent.
Answer 5 :
You can, but whether anyone would employ you is another matter. Anyone whose tax affairs are complicated enough to need professional help is looking for legal dodges to save tax. Would you be knowledgeable enough for this?
Answer 6 :
Yes, anyone can be empowered to represent a person in their dealings with HMRC by providing writen authority using form-94 however, chosing an unqualifed agent is often a grave error.
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United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes. Anyone can act as agent for tax returns. Many elderly people get their relatives or care workers to submit their returns.
Answer 2 :
If you know what you are talking about with regards to the rules of tax returns and have all the facts about the return in question i don't see why not. You would need to check with the tax office involved.
Answer 3 :
Yes, you can. Anyone can act as agent but you need to be authorised before HMRC will discuss any details with you as agent. You do this by submitting a form 64-8 or you can even do it online these days through the HMRC website.
Answer 4 :
Yes you can, although it might not the the best decision by the person being represented. It depends somewhat on the skills of the agent, because if you're somone who knows a lot about tax and VAT etc, but isn't qualified, you can still be a good agent.
Answer 5 :
You can, but whether anyone would employ you is another matter. Anyone whose tax affairs are complicated enough to need professional help is looking for legal dodges to save tax. Would you be knowledgeable enough for this?
Answer 6 :
Yes, anyone can be empowered to represent a person in their dealings with HMRC by providing writen authority using form-94 however, chosing an unqualifed agent is often a grave error.
Read more other entries :
Tuesday, February 14, 2012
what is the average starting wage for a trainee accountant in Ireland?
what is the average starting wage for a trainee accountant in Ireland?
Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Don't know but you should be able to find out in college.
Answer 2 :
if you take your own abacus they will pay you 2 sacks of spuds an hour!
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Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Don't know but you should be able to find out in college.
Answer 2 :
if you take your own abacus they will pay you 2 sacks of spuds an hour!
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Tuesday, February 7, 2012
whos going to benefit from this budget my accountant is trying to save me paying more taxes?
whos going to benefit from this budget my accountant is trying to save me paying more taxes?
Politics - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Our national debt. Due to drunken sailor spending for the past 10+ years. $5.5 Trillion by Bush/GOP in 8 years. 2 unfunded wars. Not 1 single VETO on a piece of Spending legislation in 8 years.
Answer 2 :
We're deep in debt and need everyone to chip in. If you and your accountant don't want to pay up voluntarily, we'll just have to sell you both to the dog food factory.
Answer 3 :
noticed how non of these politicians have spoken about the billions we pay into the EU every years? So those EU countries will benefit. If there was ever a time for this country on mass to down tools, this is it strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike!
Read more other entries :
Politics - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Our national debt. Due to drunken sailor spending for the past 10+ years. $5.5 Trillion by Bush/GOP in 8 years. 2 unfunded wars. Not 1 single VETO on a piece of Spending legislation in 8 years.
Answer 2 :
We're deep in debt and need everyone to chip in. If you and your accountant don't want to pay up voluntarily, we'll just have to sell you both to the dog food factory.
Answer 3 :
noticed how non of these politicians have spoken about the billions we pay into the EU every years? So those EU countries will benefit. If there was ever a time for this country on mass to down tools, this is it strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike! strike!
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Wednesday, February 1, 2012
I want to train to be an accountant?
I want to train to be an accountant?
Can anyone explain the process? what qualifications i need? and roughly how long you can expaect to be training?
Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You can get an accounting degree and sit for the CPA exam. Takes 4-5 years.
Answer 2 :
i think you have to be bale to count money,accountants get alot of money so i think trainign would be around 5 years
Answer 3 :
In the UK : http://www.aat.org.uk/
Answer 4 :
First thing. Decide which accountancy body you want to become a member of. Chartered Accountant - Chartered Certified Accountants - Charterd management Accountant - Chartered Public Finance accountant. When you have decided, or, to help you decide, contact any one, or all four of these, and ask them to send you their literature re. becoming a student, and how to qualify as a member. I am assuming that you are UK.
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Can anyone explain the process? what qualifications i need? and roughly how long you can expaect to be training?
Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You can get an accounting degree and sit for the CPA exam. Takes 4-5 years.
Answer 2 :
i think you have to be bale to count money,accountants get alot of money so i think trainign would be around 5 years
Answer 3 :
In the UK : http://www.aat.org.uk/
Answer 4 :
First thing. Decide which accountancy body you want to become a member of. Chartered Accountant - Chartered Certified Accountants - Charterd management Accountant - Chartered Public Finance accountant. When you have decided, or, to help you decide, contact any one, or all four of these, and ask them to send you their literature re. becoming a student, and how to qualify as a member. I am assuming that you are UK.
Read more other entries :
Saturday, January 28, 2012
What 4 A-Levels to take to become an Accountant?
What 4 A-Levels to take to become an Accountant?
http://www.wlc.ac.uk/wlc/courses/default.asp Which 4 from this list, would you advise to become an Accountant Seems as though it doesnt go to the Link directly , could you click AS/A2 in the Qualifications part. So many thanks to those that help
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Maths,English,Economics,business
Answer 2 :
accounts-must be so clear with any types of calculations.maths, economics,laws, mainly AS
Answer 3 :
See my answer to this question - http://uk.answers.yahoo.com/question/index;_ylt=A0WTc71T67VGVYgA5gIvCAx.?qid=20070805054004AAcTg5B I know I should type a full answer out for you but I'm quite tired, but while the top universites listed are law specific most of the rest is generic and applys to your situation as well (LSE is also a good university for accounting and finance courses). You need good academic subjects that you will be able to perform well in. Even if you do not plan to go down the direct full-time degree route A-levels have the same significance - people see grades not subjects. I can't say what you should pick, I do not know what subjetcs you are capaple of getting good grades in and that is the most important thing. From whats listed I would suggest yout best choices would come from: Mathematics; English lit; Economics; [Accounting, Law] - one not both; Computing or ICT could also be helpful with a lot of Accountancy requiring computing work; if you do plan to go to university to get a degree first then you could find either French or Spanish helpful.
Answer 4 :
If you want to become an accountant then you can study any A-levels you like. It is not like studying to be a doctor where you need to take science A-levels. Also if you go on to university it will not matter which degree subject you choose. However, given that you have shown an interest in Business and Accountancy then I would suggest the following: English Language/Literature Economics or Business Studies Maths. If you want to take an additional A-level then just choose a subject you are interested in. Again, if you go to university then it would make sense to study Accountancy. Firstly because it will help you decide whether you actually enjoy the subject and secondly it will enable you to gain exemptions from your accountancy exams. As for myself I gained three A-levels (AAB) in Economics, Maths and English. I obtained my degree in Accountancy and Finance (2.1) at the London School of Economics and I then chose the ACCA route to becoming a chartered accountant because it is a qualification which allows for more international mobility.
Answer 5 :
No list found However these days it is advised to get a reasonable degree in almost any subjects - then you take a one year conversion course. Get into "uni" (a three year course that you might enjoy), take the conversion course, and "hey presto" you can, if you pass (which many do) become an accountant. Caution: Make sure you really want to be an accountant. You may well, as I did , prefer industry to practice. Be prepared for the first 5-8 years to be, in a word, "boring" but after that both interesting and (importantly) lucrative, From "O" levels only, and after five year articles in a rural practice, I ended with a salary, (in industry, at today's values of £260000) - enough to retire comfortably on - I'm sure that you will agree!. Please supply a list of A levels and I will try to help but, in the end, choose those that you can achieve the best marks in - irrespective of any apparent relevance to your future ambitions.
Read more other entries :
http://www.wlc.ac.uk/wlc/courses/default.asp Which 4 from this list, would you advise to become an Accountant Seems as though it doesnt go to the Link directly , could you click AS/A2 in the Qualifications part. So many thanks to those that help
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Maths,English,Economics,business
Answer 2 :
accounts-must be so clear with any types of calculations.maths, economics,laws, mainly AS
Answer 3 :
See my answer to this question - http://uk.answers.yahoo.com/question/index;_ylt=A0WTc71T67VGVYgA5gIvCAx.?qid=20070805054004AAcTg5B I know I should type a full answer out for you but I'm quite tired, but while the top universites listed are law specific most of the rest is generic and applys to your situation as well (LSE is also a good university for accounting and finance courses). You need good academic subjects that you will be able to perform well in. Even if you do not plan to go down the direct full-time degree route A-levels have the same significance - people see grades not subjects. I can't say what you should pick, I do not know what subjetcs you are capaple of getting good grades in and that is the most important thing. From whats listed I would suggest yout best choices would come from: Mathematics; English lit; Economics; [Accounting, Law] - one not both; Computing or ICT could also be helpful with a lot of Accountancy requiring computing work; if you do plan to go to university to get a degree first then you could find either French or Spanish helpful.
Answer 4 :
If you want to become an accountant then you can study any A-levels you like. It is not like studying to be a doctor where you need to take science A-levels. Also if you go on to university it will not matter which degree subject you choose. However, given that you have shown an interest in Business and Accountancy then I would suggest the following: English Language/Literature Economics or Business Studies Maths. If you want to take an additional A-level then just choose a subject you are interested in. Again, if you go to university then it would make sense to study Accountancy. Firstly because it will help you decide whether you actually enjoy the subject and secondly it will enable you to gain exemptions from your accountancy exams. As for myself I gained three A-levels (AAB) in Economics, Maths and English. I obtained my degree in Accountancy and Finance (2.1) at the London School of Economics and I then chose the ACCA route to becoming a chartered accountant because it is a qualification which allows for more international mobility.
Answer 5 :
No list found However these days it is advised to get a reasonable degree in almost any subjects - then you take a one year conversion course. Get into "uni" (a three year course that you might enjoy), take the conversion course, and "hey presto" you can, if you pass (which many do) become an accountant. Caution: Make sure you really want to be an accountant. You may well, as I did , prefer industry to practice. Be prepared for the first 5-8 years to be, in a word, "boring" but after that both interesting and (importantly) lucrative, From "O" levels only, and after five year articles in a rural practice, I ended with a salary, (in industry, at today's values of £260000) - enough to retire comfortably on - I'm sure that you will agree!. Please supply a list of A levels and I will try to help but, in the end, choose those that you can achieve the best marks in - irrespective of any apparent relevance to your future ambitions.
Read more other entries :
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