how can i become a charted accountant? please answer?
if i go to college and do A levels and then go to university and do the undergraduate course in accountancy and if if pass. what do i do next. i got bad grades at gcse (its a grade-D for english) to become a CA do i need to join ACCA, ICAEW, CIMA, CIPFA or anything like that and do they have any entry requriments. (i mean do they look at my gcses) thanks pleeease answers clearly
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You get a job at an accountancy firm and take articles.
Answer 2 :
You can start most accountancy qualifications with no educational qualifications at all. If you wanted you could just as easily skip the whole 'college, university' thing but you would have to pay your own tuition fees unless you are working for a company willing to pay them. This is the case with most professional courses. CIMA, which I am studying and my wife is fully qualified in, starts you off with five certificate level exams and then hits you with ten professional ones. But you do not need a single prior qualification to do this although I won't lie to you; it's not exactly easy. End result you are qualified to the equivalent of a Masters degree. Seriously though, there's a lot of reading and writing involved. I'd advise you to brush up on your English. Bear in mind that being taught in school is vastly different from being taught when you are older. School is full of people who don't want to be there; college and university, even adult learning centres, are full of people who want to learn. Go for it just the same. Glad to see you're being realistic.
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Monday, November 7, 2011
Tuesday, November 1, 2011
Selfemployed, do you do your own tax return, or use an accountant?
Selfemployed, do you do your own tax return, or use an accountant?
United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Use an accountant, they'll save you more money than they cost.
Answer 2 :
i use an accountant. the tax tables are soooo complicated and you might miss a deduction if you do it yourself
Answer 3 :
I used to use an accountant. But, I did not find it to be a good value. For one, he did not spend as much time on my return as I am willing to, and I find that the more time and effort I put into it, the more advantages I am able to find. A lot of legitimate deductions and tax credits get overlooked, no matter how good the accountant. Plus, he charged us $700 just to do a basic sole proprietor tax return. It might have been worth it, but all he did was fill out the forms. What he didn't do was advise us on decisions we would have to make in regard to our business that could have huge tax implications. We got hit with a $10,000 tax bill because of that, and we could have made different decisions with a different outcome. For that amount of money, I was willing to become educated in tax preparation. When I get stumped, I pay an hourly rate to an enrolled agent, which is a CPA with additional training and certification who is eligible to represent taxpayers before the IRS. This have saved my family thousands of dollars in tax preparation fees, and I think, thousands of dollars in bad decisions we didn't make! Also, I always use tax preparation software, but that is not all that I do. The software is only as good as your knowledge. In other words, it does the calculations for you, but you still need to know what to look for. I study as much as I can on the IRS website and from other financial resources.
Answer 4 :
Personally I do it myself. The self assessment online form pretty much works it all out for you, it's easy. The main thing an accountant will do is make sure you are claiming everything you can against tax. But if you put yourself in the picture, which isn't that hard when the tax office give you pretty much all the info you need, I don't think an accountant is essential, particularly if like me you have a small business with a low turn over. Hardly seems worth paying somebody £200 to fill in a form I can do myself. At the end of the day it's down to you and how confident you feel in doing it yourself.
Answer 5 :
You can do your own return but it is time consuming and you do not know any or all of the legal money saving wrinkles. An accountant will usually charge you less than he saves you.
Answer 6 :
Invest in a do it yourself program like 'Taxcalc'.
Answer 7 :
The key issue that most people miss is that filling in the form is probably only 5% of the work that an accountant has to do. the other 95% is preparing the figures ready to put on the form ie profit and loss accounts,balance sheet, tax computations etc. A tax return filed from a reputable accountant always looks better than one filed by the individual himself and the accountant is far less likely to make basic errors which often lead to an enquiry. Furthermore if the business expands rapidly an accountant will be able to take the relevant action within the statutory time limits thus avoiding penalties.
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United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Use an accountant, they'll save you more money than they cost.
Answer 2 :
i use an accountant. the tax tables are soooo complicated and you might miss a deduction if you do it yourself
Answer 3 :
I used to use an accountant. But, I did not find it to be a good value. For one, he did not spend as much time on my return as I am willing to, and I find that the more time and effort I put into it, the more advantages I am able to find. A lot of legitimate deductions and tax credits get overlooked, no matter how good the accountant. Plus, he charged us $700 just to do a basic sole proprietor tax return. It might have been worth it, but all he did was fill out the forms. What he didn't do was advise us on decisions we would have to make in regard to our business that could have huge tax implications. We got hit with a $10,000 tax bill because of that, and we could have made different decisions with a different outcome. For that amount of money, I was willing to become educated in tax preparation. When I get stumped, I pay an hourly rate to an enrolled agent, which is a CPA with additional training and certification who is eligible to represent taxpayers before the IRS. This have saved my family thousands of dollars in tax preparation fees, and I think, thousands of dollars in bad decisions we didn't make! Also, I always use tax preparation software, but that is not all that I do. The software is only as good as your knowledge. In other words, it does the calculations for you, but you still need to know what to look for. I study as much as I can on the IRS website and from other financial resources.
Answer 4 :
Personally I do it myself. The self assessment online form pretty much works it all out for you, it's easy. The main thing an accountant will do is make sure you are claiming everything you can against tax. But if you put yourself in the picture, which isn't that hard when the tax office give you pretty much all the info you need, I don't think an accountant is essential, particularly if like me you have a small business with a low turn over. Hardly seems worth paying somebody £200 to fill in a form I can do myself. At the end of the day it's down to you and how confident you feel in doing it yourself.
Answer 5 :
You can do your own return but it is time consuming and you do not know any or all of the legal money saving wrinkles. An accountant will usually charge you less than he saves you.
Answer 6 :
Invest in a do it yourself program like 'Taxcalc'.
Answer 7 :
The key issue that most people miss is that filling in the form is probably only 5% of the work that an accountant has to do. the other 95% is preparing the figures ready to put on the form ie profit and loss accounts,balance sheet, tax computations etc. A tax return filed from a reputable accountant always looks better than one filed by the individual himself and the accountant is far less likely to make basic errors which often lead to an enquiry. Furthermore if the business expands rapidly an accountant will be able to take the relevant action within the statutory time limits thus avoiding penalties.
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Sunday, October 2, 2011
how would i go about being an accountant?
how would i go about being an accountant?
i would like to become an accountant in a few years time i am 17 and currently workin in an accounts office but how will get the full training?
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Decide which Accountancy body you want too qualify under. There are four main Chartered Bodies :- The Institute of Chartered Accountants in England & Wales. The Chartered Association of Certified Accountants. Chartered Management Accountants. Chartered Public Finance Accountants. There are two aspects to Qualifying as an Acountant. One is, passing the exams of your chosen Accountancy body, and the second is, obtaining the approved professional training/experience. It is not normally essential that they both be achieved at the same time, you must be accepted/registered as a student with your chosen accountancy body, however, before you commence studying for the exams. They will be happy to provide you with full details on application to become a student. Of course, there are entry requirements to become a student, usually 'A Levels', although the ICAEW, I believe, are degree entry only. If you want to work in a professional office, you would have to qualify with one of the first two bodies stated above. I Qualified as a Chartered Certified Accountant.
Answer 2 :
In college, they have a catalog with all the majors that they offer. It will tell you which classes to take, and when. Probably need alot of math classes..
Answer 3 :
One way is to ask an accountant what they recommend. but in general it would be a degree in finance, and then some studies and experience to take the CPA exam, assuming that is what you mean by accountant. there are many different careers for accountants . Studying finance will show you what the possibilities are.
Answer 4 :
contact your local ACCA organisation, this is the largest international body for accounting. You do exams for CAT technician(Certified Account Technician) and then become a full accredited ACCA professional. They have courses to suit your needs, i.e. part-time and flexible. The entry requirements are not so stringent. There is just an age limit. If however, you have a Bachelor in Business Studies or similiar you may be exempt from the first two papers. They have a list of all of the exempt universities. Look it up here. www.accaglobal.com If you have any further questions feel free to ask me. : )
Answer 5 :
Ask your boss if he/ she'd concider sneding you to collage. The fees would be taken from your wages in the long run, but you'd both benefit from the education.
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i would like to become an accountant in a few years time i am 17 and currently workin in an accounts office but how will get the full training?
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Decide which Accountancy body you want too qualify under. There are four main Chartered Bodies :- The Institute of Chartered Accountants in England & Wales. The Chartered Association of Certified Accountants. Chartered Management Accountants. Chartered Public Finance Accountants. There are two aspects to Qualifying as an Acountant. One is, passing the exams of your chosen Accountancy body, and the second is, obtaining the approved professional training/experience. It is not normally essential that they both be achieved at the same time, you must be accepted/registered as a student with your chosen accountancy body, however, before you commence studying for the exams. They will be happy to provide you with full details on application to become a student. Of course, there are entry requirements to become a student, usually 'A Levels', although the ICAEW, I believe, are degree entry only. If you want to work in a professional office, you would have to qualify with one of the first two bodies stated above. I Qualified as a Chartered Certified Accountant.
Answer 2 :
In college, they have a catalog with all the majors that they offer. It will tell you which classes to take, and when. Probably need alot of math classes..
Answer 3 :
One way is to ask an accountant what they recommend. but in general it would be a degree in finance, and then some studies and experience to take the CPA exam, assuming that is what you mean by accountant. there are many different careers for accountants . Studying finance will show you what the possibilities are.
Answer 4 :
contact your local ACCA organisation, this is the largest international body for accounting. You do exams for CAT technician(Certified Account Technician) and then become a full accredited ACCA professional. They have courses to suit your needs, i.e. part-time and flexible. The entry requirements are not so stringent. There is just an age limit. If however, you have a Bachelor in Business Studies or similiar you may be exempt from the first two papers. They have a list of all of the exempt universities. Look it up here. www.accaglobal.com If you have any further questions feel free to ask me. : )
Answer 5 :
Ask your boss if he/ she'd concider sneding you to collage. The fees would be taken from your wages in the long run, but you'd both benefit from the education.
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BGT, The Singing Accountant, Okay He Was good, But Do We REALLY Wan't Another Singer Winning?
BGT, The Singing Accountant, Okay He Was good, But Do We REALLY Wan't Another Singer Winning?
I'm still rooting for the dog from last week...... Loved that dog :)
Reality Television - 18 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
no we don't, we need something different. Weirdly different.
Answer 2 :
the last 2 yrs its been dancers who have won,, NOT singers so yeah i would say we need another singer to win and NOT a dancer but it woukd be nice for something differant to win for a change last year was a dance act and a year before that was a guy dancing to singing in the rain,, he wasnt singing, the year before that had the guy from a mobile phone shop singing opera
Answer 3 :
Last two years, dancers won? Not singers. LOL
Answer 4 :
only the first year was won by a singer, the previous 2 years were won by dancers. you make it sound like only singers win.
Answer 5 :
I thot he was great!! fair play to him - does it matter if we have another talented singer?!
Answer 6 :
I liked him and I love West Side Story, as much as I like him though, don't think he'll win :)
Answer 7 :
Mm, not really. I'm getting quite bored of classical opera singers now. Yeah he has a very good voice but no more for me :) I'm reeeally hoping for another act like Signature - entertaining but not in a cliche, been-done-before kinda way.
Answer 8 :
I found the song very boring. He was okay but not outstanding. And way too old to be hanging out with his parents! Ahh, the dog. Those beautiful, velvety eyes! I think HM would adore her (or him).
Answer 9 :
I liked him. He has a powerful voice. Given the right song and a makover and he could be the next winner. Gay men will love him to bits.
Answer 10 :
He was brilliant H!! But....... I think he'd have been better suited to a ALW stage musical type show. No doubting he has an amazing voice though.
Answer 11 :
We've had too many singers and dancers, time for something different! Maybe the regurgitator? Hmmm maybe not! The gymnasts were excellent though!
Answer 12 :
I agree, I'm sick of this serious opera sh*t. I loved the other opera guy, at least he had an edge by singing modern songs.
Answer 13 :
I agree, another singer is not the best idea..But the public get to decide
Answer 14 :
I agree! The kids that done the acrobatics were simply brill and the dog from last week was fab. But at the end of the competition, it will come down to who can make MONEY for Simon Cowell
Answer 15 :
i dont think that matters because he had an amazing voice.. look at subo, she didn't win. and i REALLY don't want another dance act to win. i loved the arrangement or whatever it was... that wasn't just singing.
Answer 16 :
He was V good too,I Think he'll make the finals and possibly win.
Answer 17 :
The only winning singer was Paul Potts and I think he was a one-off. No - Last week´s dog or the gymnasts up until now
Answer 18 :
I dont realy like him he aint that amazing,,i agree with you I loved the dog too :) soo cute But i also thought the gymnasts from this week were awesome too x
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I'm still rooting for the dog from last week...... Loved that dog :)
Reality Television - 18 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
no we don't, we need something different. Weirdly different.
Answer 2 :
the last 2 yrs its been dancers who have won,, NOT singers so yeah i would say we need another singer to win and NOT a dancer but it woukd be nice for something differant to win for a change last year was a dance act and a year before that was a guy dancing to singing in the rain,, he wasnt singing, the year before that had the guy from a mobile phone shop singing opera
Answer 3 :
Last two years, dancers won? Not singers. LOL
Answer 4 :
only the first year was won by a singer, the previous 2 years were won by dancers. you make it sound like only singers win.
Answer 5 :
I thot he was great!! fair play to him - does it matter if we have another talented singer?!
Answer 6 :
I liked him and I love West Side Story, as much as I like him though, don't think he'll win :)
Answer 7 :
Mm, not really. I'm getting quite bored of classical opera singers now. Yeah he has a very good voice but no more for me :) I'm reeeally hoping for another act like Signature - entertaining but not in a cliche, been-done-before kinda way.
Answer 8 :
I found the song very boring. He was okay but not outstanding. And way too old to be hanging out with his parents! Ahh, the dog. Those beautiful, velvety eyes! I think HM would adore her (or him).
Answer 9 :
I liked him. He has a powerful voice. Given the right song and a makover and he could be the next winner. Gay men will love him to bits.
Answer 10 :
He was brilliant H!! But....... I think he'd have been better suited to a ALW stage musical type show. No doubting he has an amazing voice though.
Answer 11 :
We've had too many singers and dancers, time for something different! Maybe the regurgitator? Hmmm maybe not! The gymnasts were excellent though!
Answer 12 :
I agree, I'm sick of this serious opera sh*t. I loved the other opera guy, at least he had an edge by singing modern songs.
Answer 13 :
I agree, another singer is not the best idea..But the public get to decide
Answer 14 :
I agree! The kids that done the acrobatics were simply brill and the dog from last week was fab. But at the end of the competition, it will come down to who can make MONEY for Simon Cowell
Answer 15 :
i dont think that matters because he had an amazing voice.. look at subo, she didn't win. and i REALLY don't want another dance act to win. i loved the arrangement or whatever it was... that wasn't just singing.
Answer 16 :
He was V good too,I Think he'll make the finals and possibly win.
Answer 17 :
The only winning singer was Paul Potts and I think he was a one-off. No - Last week´s dog or the gymnasts up until now
Answer 18 :
I dont realy like him he aint that amazing,,i agree with you I loved the dog too :) soo cute But i also thought the gymnasts from this week were awesome too x
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can all ENGINEERS please answer my question. can i become a chartered accountant and do an engineering job.?
can all ENGINEERS please answer my question. can i become a chartered accountant and do an engineering job.?
if i get a bachelors degree in chemical or civil or mechanical engineering but then if i decided to the ACCA course and become a chartered accountant. and then if one day i lost my job as a chartered accountant and i found a job for a chemical engineer, will i be able to do it. so my question is can i keep the engineering degree as a back up job. is it reasonable to ask for 25000 pounds a year. thank you. please answer
Engineering - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sure, you can do anything you like.
Answer 2 :
Don't waste your life on Accounting.
Answer 3 :
I am sure you asked this before and this is the answer that I gave. This is getting to be one of my pet hates on here - people asking the same question again, and again and again..... No reason why you can't do that. However - and there often is a however with these questions.... If you worked as a chartered accountant say 10 years before you decide to work as a civil engineer a few things will happen. In 10 years as a chartered accountant you will have passed your Professional exams and this means that you will be earning quite good money. Now go to be a graduate civil engineer (no experience so you start at the bottom of the rung again), your take home pay will drop quite a bit (over £10k). You might struggle to actually get jobs - a look at your CV will show that you are an accountant and engineering firms will probably want an engineer with engineering more at the front of their mind. Certainly it is possible. However a better course of action might be to decide which you want to do first and train for that, work at that until you want to change and then spend the 3 or 4 years re-training. That way you will have the engineering knowledge in the front of your mind and be able to sell yourself better. Now as for getting a well paid civil engineering job as a new graduate.... that is another thing and quite a rare job to find - you start at the bottom with all careers until you get experience to earn more money. When I have read your multiple identical questions - you were looking for jobs that paid £100k after a while - neither will do that unless you are the best. £25k is a bit on the high side for a starting salary for both - £20k might be a more realistic proposition.
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if i get a bachelors degree in chemical or civil or mechanical engineering but then if i decided to the ACCA course and become a chartered accountant. and then if one day i lost my job as a chartered accountant and i found a job for a chemical engineer, will i be able to do it. so my question is can i keep the engineering degree as a back up job. is it reasonable to ask for 25000 pounds a year. thank you. please answer
Engineering - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sure, you can do anything you like.
Answer 2 :
Don't waste your life on Accounting.
Answer 3 :
I am sure you asked this before and this is the answer that I gave. This is getting to be one of my pet hates on here - people asking the same question again, and again and again..... No reason why you can't do that. However - and there often is a however with these questions.... If you worked as a chartered accountant say 10 years before you decide to work as a civil engineer a few things will happen. In 10 years as a chartered accountant you will have passed your Professional exams and this means that you will be earning quite good money. Now go to be a graduate civil engineer (no experience so you start at the bottom of the rung again), your take home pay will drop quite a bit (over £10k). You might struggle to actually get jobs - a look at your CV will show that you are an accountant and engineering firms will probably want an engineer with engineering more at the front of their mind. Certainly it is possible. However a better course of action might be to decide which you want to do first and train for that, work at that until you want to change and then spend the 3 or 4 years re-training. That way you will have the engineering knowledge in the front of your mind and be able to sell yourself better. Now as for getting a well paid civil engineering job as a new graduate.... that is another thing and quite a rare job to find - you start at the bottom with all careers until you get experience to earn more money. When I have read your multiple identical questions - you were looking for jobs that paid £100k after a while - neither will do that unless you are the best. £25k is a bit on the high side for a starting salary for both - £20k might be a more realistic proposition.
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Can I still be an accountant with these A levels?
Can I still be an accountant with these A levels?
I.C.T - Business Studies - Media Studies - Religious Studies I couldn't do Maths or Accounting, the classes were full Thanks
Standards & Testing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
yeah, you dont need maths a-level to be an accounant haha! All you need is a gcse grade b in maths.
Answer 2 :
Accounting has little to do with maths and so there should be no problem. However, it needs a lot of concentration and attention to detail and ICT should help here.
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I.C.T - Business Studies - Media Studies - Religious Studies I couldn't do Maths or Accounting, the classes were full Thanks
Standards & Testing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
yeah, you dont need maths a-level to be an accounant haha! All you need is a gcse grade b in maths.
Answer 2 :
Accounting has little to do with maths and so there should be no problem. However, it needs a lot of concentration and attention to detail and ICT should help here.
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can i become a chartered accountant with a degree in mechanical engineering? thank you. please help.?
can i become a chartered accountant with a degree in mechanical engineering? thank you. please help.?
my actual question is that - if i do a mechanical engineering bachelors degree in university but then decided to do chartered accountant course and try to become one and if i fail will i be still able to do mechanical engineering jobs with the bachelors degree that i have. will it be reasonable to expect 30000 pounds a year after three years working as a mechanical engineer thank you. please answer
Engineering - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If I was you I would look down the list of answers here - there has a been a load asked repeatedly by the same person asking the same thing..... it wasn't you was it? Different name, same question..... Yes you can be a chartered accountant having completed a degree in engineering, whether it is Mechanical, Civil, Electrical or Chemical. No it would not be reasonable to expect £30K after 3 years in the near future. £24K to £26K might be more realistic if you are good. Starting salary might be £20K. Again this question has been asked in the last week - read down the recent questions and you will get the answer that you asked before......
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my actual question is that - if i do a mechanical engineering bachelors degree in university but then decided to do chartered accountant course and try to become one and if i fail will i be still able to do mechanical engineering jobs with the bachelors degree that i have. will it be reasonable to expect 30000 pounds a year after three years working as a mechanical engineer thank you. please answer
Engineering - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If I was you I would look down the list of answers here - there has a been a load asked repeatedly by the same person asking the same thing..... it wasn't you was it? Different name, same question..... Yes you can be a chartered accountant having completed a degree in engineering, whether it is Mechanical, Civil, Electrical or Chemical. No it would not be reasonable to expect £30K after 3 years in the near future. £24K to £26K might be more realistic if you are good. Starting salary might be £20K. Again this question has been asked in the last week - read down the recent questions and you will get the answer that you asked before......
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