Tuesday, December 28, 2010

Why is the western world turning to venture capitalists?

Why is the western world turning to venture capitalists?
I have previously pointed out that current economics is out-dated, much to the annoyance of economic graduates. The point is that accountants, economists and solicitors are society parasites. You need civil engineers(electrical, mechanical and 'civil'), theologians and philosophers to push society forwards. Why do we put up with a bunch of people who arte out fo themselves?
Economics - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
greed
Answer 2 :
The credit crunch is proving that the banks loose loans and credit application approvals are coming back to bite them..
Answer 3 :
Nothing will be manufactured without money. Therefore the need for ventured capitalists.....no matter what you invent. If it isnt developed, manufactured and marketed, the greatest gizmo in the world is going sit there like a bump on a log.
Answer 4 :
But civil engineers and theologians rarely have the interest it takes, including self-interest to: find an idea to make money; assemble the resource owners , the capital owners , and the employees who are willing to join them in an enterprise that the latter groups think will maximize their satisfaction with their contributions. The people who contribute money or resources or labor face the loss of their investment if the venture fails. For employees that means they probably gave up a job to join the new venture and face unemployment as well as the benefits had they stayed where they were previously employed. Philosophers and theologians rarely like to take risks to see if their ideas have real world merit. And many engineers are venture capitalists or get help from venture capitalists. These bright engineers must be smart enough to need the help.

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Tuesday, December 14, 2010

Is ACCA a 'Chartered Accountant"?

Is ACCA a 'Chartered Accountant"?
I have seen some answers referring to Privy council decision, but in their website / ACCA website, nowhere I found the clear statement about it. I am not expecting a ICAEW vs ACCA comparison, I just want to know Yes / No and a clear reference...as simple as that.
Other - Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
A Chartered Accountant is a member of the ICAEW (or the ICAS or ICAI). A chartered certified accountant is a member of the ACCA.
Answer 2 :
Simple answer: yes. There are three main bodies awarding bodies for accounting exams: ACA/ICAEW, ICAS and ACCA. All three have been awarded royal charters by the Privy Council, so graduates from any may refer to themselves as Chartered Accountants. Before this ruling, only ICAS members could refer to themselves as chartered accountants, while ACA/ICAEW graduates were Associate Chartered Accountants. One of the biggest disagreements that stopped the two merging was that ICAS members did not want ACA members to use the CA status.

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Tuesday, December 7, 2010

What are popular leisure activities favoured mainly by the British upper-middle class?

What are popular leisure activities favoured mainly by the British upper-middle class?
Remember, upper-middle-class is not the same as upper class or even middle-class. They are not the aristocracy nor are they school teachers, nurses and accountants. Typical upper-middle-class people hold prestigous professions or are top level managers. They are usually employed in such jobs as surgeons, barristers, university professors, bank managers and financiers, upper management in corporations, and high level stock traders in the City. In other words, while they might be seen as well off, they still must work for their money. They normally wouldn't have the kind of money to pursue the type of entertainment the aristocracy would pursue, but they are affluent enough to do things most people can't afford. 10 points to the best and most insightful answer. Thanks!
Other - Society & Culture - 10 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This type usually engages in snobbery and heavy drinking.
Answer 2 :
Hunting and shooting, buying cases of wine and port, driving their 4x4's and going to charity functions at the school!
Answer 3 :
Boating, wether they own it or not. Horseracing, on big race days. Entertaining, at home or out. Golf, without a doubt.
Answer 4 :
I believe they spend most of their day balls deep in man hole
Answer 5 :
Oh! I like to play Golf and sometimes a little Croquet and Bridge. Things of that sort amuse me.
Answer 6 :
Topless Co-ed Pogo-stick racing
Answer 7 :
Leaving the children alone while carousing in a Tapas Bar.
Answer 8 :
i would say based on your criteria that i am upper middle class. i am also 26 years old, so that throws a bit of a different light on things i guess. i would say that i like doing the things that most 26 year olds do...clubbing, going to the beach, shopping, cinema, hanging out with friends...but then again my income means that i can afford to stay in nice hotels if i go away for a weekend, wear a designer wardrobe and take more exotic holidays than most of my friends (who, in your class system would not qualify as upper middle class!) oh, and boating and riding, which i guess are the only stereotypical upper middle class activites i enjoy
Answer 9 :
Taking potshots at the peasants, they are so uncouth. I've been told that when hit by buckshot they don't feel anything so it's not as though we're harming anyone!
Answer 10 :
Upper middle class aka working class done good,probably enjoy,mile high club,bit of skiing,sorry let's stop it right here. Its hard to distinguish between the classes these days as there are so many millionaires from all classes,which you'll find enjoy the same leisure activities pretty much like what everyone else does,ie gym,sports,shopping,dining out,movies,theatre,exotic holidays,horse riding,but costing top brass. As for aristocracy,they've usually got nothing but an inherited old estate that they can hardly afford to run.

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Wednesday, December 1, 2010

What do i need to become a Qualified CISCO network operator?

What do i need to become a Qualified CISCO network operator?
Just a thought as to if i come out of Uni with an Accountants degree and want to switch to the IT field what qualification would i need to get a job in CISCO networking and where would i get it and how much would it cost?. Also would i get employed for the job and what is the starting salary?
Computer Networking - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Google "CCNA Objectives" and study those.
Answer 2 :
to become a CISCO network admin is more complex than just learning Cisco, you need to know and certify in other network groups to understand the interaction of what travels in a network. It is a very crowded field as it was over populated a few years back with promises of CCIEE all making 100k plus. Never happens of course as the few paying that need years of experience. As you can see by any Job listing in IT the joke is 10 year + experience for the current OS that has been out for only a few years. Either the HR people do not know what they need or are filtering all the options out, including a need to know non related job requirements than networking. (look at programming needs and social skills) Still there are jobs out there for networking people at all different levels and pay. Go to Monster.com and input Cisco to see what is paying and the needs for your area. Go to Cisco.com and see what classes are listed and the going prices. Go luck and I hope it works out.
Answer 3 :
At the very least you will need a CCNA which to do properly is 200-500 hours work depending on your current level of experience and will probably cost you a couple of grand. That without experience will equip you for entry level positions - to go further you'll need experience and probably a higher certification under your belt. Gaining a higher certification at the outset is fairly pointless since anyone asking for those will also want experience. I suspect your earning potential for the next ten years at least will be higher leveraging your degree rather than making the switch into computer networking - only the very highest earners will rival what a chartered accountant makes. I left Uni just ten years ago this summer with a degree in Computer Science and a Masters in Electronics Engineering. I have various industry certs and a security clearance. I'm in a fairly desirable job (doing "cool" stuff) that pays reasonably well - more than most of the people know from Uni. I still earn less than most chartered accountants but have a lot more fun at work along the way.
Answer 4 :
Well it will be hard for you coz your degree is not IT nor ECE. But still you can study Cisco coz they teach starting from the basics. Now what you want to do is study Cisco courses. Find a Cisco Networking Academy near your place then enroll. It depends on the institution on how long each course would take. The course you want to go for is CCNA Exploration. This has 4 courses in the curriculum. It would normally take 1 year and 4 months to 2 years just for you to finish CCNA Exploration, but it really depends on the institution. After that, you are not ready to take a job yet. You want to review first then take your certification exam, pass that and get certified. The exam is 640-802 and the certification you'll get when you pass exam that is CCNA (Cisco Certified Network Associate). The exam is held on a Pearson Vue testing center. The cost for the training will also depend on the institution. You might also want to buy your own equipment and that will cost you more. Buying review and training materials will also add up to the costs. You can just check the price in pearson vue on how much the exam will be. With the cert, yes you can get employed. Average annual salary for a network admin/network engineer is 40-60k usd. After that, you may want to study more and get higher level of certification. That is if you want to go deeper.

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Sunday, November 28, 2010

Accountants: What is best software for business - Quickbooks, OOo, Excel - Other?

Accountants: What is best software for business - Quickbooks, OOo, Excel - Other?
I use Open office (OOo) but wondering about using Quickbooks - But can Quickbooks figures be handed over to accountant once business grows? Thanks in advance.
Small Business - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
GnuCash is an excellent piece of software. And the best part is it's open source (free!) I really advise you try it out!
Answer 2 :
As an accountant of 30 years in public practice, I would answer your question with a simple yes, but I would suggest that you consider the following points before deciding. An accounting system is one of the most important tools available to you in assisting in running your business. Without it you will never know whether to declare yourself a millionaire or a bankrupt. You need to ensure what items you sell/do are profitable and what ones to keep away from, this is a constantly changing problem as prices/cost fluctuate on nearly a daily basis. See fuel this month as a prime example. Costs can often be taken for granted, with the idea, "well I have to have X" and just renew year upon year, Reviewing sources can save a fortune over time and also indicates to your service providers that you are not a soft touch who can be conned. I can hear you say " I have not time for this". Quite true, I am sure, but your package should highlight to you what needs checking thus minimising the time required. If you have employees or are registered for VAT you will be aware of the mounds of paperwork involved in keeping HMRC happy ( or is that possible!!) A good package needs the minimum of input and does most if not all of the boring tasks behind the scenes, thus freeing you to do what you do best, running your business. Most people ( thankfully) use an accountant to prepare, check and present their year end accounts, do their taxes and submit to HMRC. This is good as it allows a professional pair of eyes to take an independent view of your results and possibly advise on improvements where necessary. Also we are on call throughout the year if you need us, but invariably it costs you. In this credit crunch and indeed at any time you need to know how you are doing this year not last year, thats gone! If you drive a car, it will soon indicate if it is out of fuel, but by the time the red oil light comes on to show that the oil is low a lot of damage can already have been done! You need up to date information, each and every day, to guide you in increasing your profitability and protecting your assets. Simple things like customers taking longer than normal to pay, can indicate danger signs that you need to be aware of and act upon. If Joe Bloogs increases his purchases on credit from you, the initial reaction is to be grateful for the business, but maybe its time to check on Mr Bloogs. Is he buying more from you than usual because he has used up his lines of credit with other suppliers and is going down the tubes, clutching at straws. That is a customer that you can do without. The above are just a few examples of what a middle of the road software package can do for you with approx one hours committment from you on a weekly basis. I do not suggest spending a fortune, I would estimate that you could obtain a system for less than £200 inc VAT which will fulfil your needs for years to come. We deal with output and information from all systems, as do all accountants, but when asked for a recommendation for the small to medium sized business, I only recommend one. Naturally I cannot mention it on here because that would be considered advertising, but if you require further information or wish to discuss the merits of any system please feel free to e-mail me through Yahoo Questions
Answer 3 :
Hello! A friend of mine gave me a url link for a try, just great, take a look at http://www.binaryhouse.com - OrgFinances the program allows creating the database and events planned, all new versions of this program for free and for a lifetime.

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Sunday, November 14, 2010

Does anyone know of any networking opportunities in the Reading area?

Does anyone know of any networking opportunities in the Reading area?
I'm a CIMA qualified accountant moving to the area looking for employment opportunities in the 2nd quarter of next year.
Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Try joining the local Freemasons Lodge.
Answer 2 :
we work a home based business that can involve networking to build a team if interested take a look at http://www.bluethundergroup.com
Answer 3 :
You may want to try looking here. Its FREE to register and you can view 1000s of profiles of like minded business people, all with business opportunities worldwide (Maybe even Reading). You can also post a profile of yourself explaining your interests and what you are looking for... good luck

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Sunday, November 7, 2010

Can someone help with a guarantor statement?

Can someone help with a guarantor statement?
I have employed an accountant and need a guarantor statement to be signed in the event that he absconds while indebted to the company.
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sounds like a good idea, I suggest you contact the Company lawyers to get this drafted ..

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Monday, November 1, 2010

Are the A levels im going to pick is the right direction to accountancy?

Are the A levels im going to pick is the right direction to accountancy?
Hi I want to become an accountant and I would like to know that are the A levels im picking are the right step to accountancy? Statistic Economics Business studies
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
How about spelling so you can tell us what "accountancy" is.
Answer 2 :
They are a good choice, although Maths may be a good A Level to have as well, even if you only take it to AS-Level. It'll show that you have a good understanding of numbers and how they work (an important skill for an accountant).
Answer 3 :
Yes i would say so. Maths or English would've helped
Answer 4 :
I would advise maths or maybe even further maths ? wouldn't say business studies is needed really bcos you have economics
Answer 5 :
Yes, but go to university first.

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Thursday, October 28, 2010

Would it be allowed under UK law to work in a full-time job but still do a PhD in Maths and Finance?

Would it be allowed under UK law to work in a full-time job but still do a PhD in Maths and Finance?
I'm hoping to become a full-time trainee accountant once I finish my Master's Degree in mathematics and gain a Level 4 Diploma as an accounts technician, but sitting a PhD would be additional income of £13K-£19K per year! Doing both would make me quite well-off for a young man, but would it be allowed?
Law & Legal - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There is no law against two jobs, as long as you pay the appropriate tax.
Answer 2 :
You can work as much as you want if you're from the UK. Immigrants, however, have a limit on the number of hours they can work as students. Think it's 20 hours per week.
Answer 3 :
Why on earth do you think it might not be? Many thousands of people have full time jobs and do open university or part time courses. If doing the degree interfered with your current job then your employers might have something to say but it is nothing whatsoever to do with the government.
Answer 4 :
My son has a PhD and it was full time. He was sponsored by BP and had to be in the office and laboratory every day. PhDs are very hard work that is why they are so sought after by employers. There is no law against having a job as well, but your professor might have something to say about it. UK
Answer 5 :
what possible laws would you be breaking??? the main factor would be TIME - would classes and school access be available after work hours? if you want to be an Accountant, you be be majoring in Accounting/Business, not Math getting a Masters in Math is a total waste of time and money and will get you ZERO additional income if you are working in Accounting - what is your Bachelor's degree in?

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Thursday, October 14, 2010

Is Portugal a good place to move to? For work & to live permanently?

Is Portugal a good place to move to? For work & to live permanently?
I am a travel and tourism national diploma student, my mother is an accountant, we are looking to move abroad in a quite little village somewhere & to travel to work by car. Would like to go somewhere with nice weather & not too far for relatives to travel, Portugal looks ideal however I heard the job state at the moment is very difficult to find work? Thanks
Immigration - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I reckon so.
Answer 2 :
i dont think so. italy is nice.
Answer 3 :
Judging by the amount of Portuguese people coming to work over here, I'd say no
Answer 4 :
i heard the work there is very tight at moment. unless your setting up own business and speak the language very good i dont think there much hope...
Answer 5 :
Portugal is a very nice place to live. Yes, there are a lot of Portuguese people living abroad BUT remember that those people move to other places because they do not want to study in Portugal so they move and go other places to have less skilled jobs like clean other people houses , construction works and such. So, if you have your degree I recommend Portugal. Its clean, really sunny and peace full, and people are nice and welcoming ;) And besides, most Portuguese's people speak fluently English ;)
Answer 6 :
Do you think they will like English immigrants? Will they be right to say that they are full and we should stay put?
Answer 7 :
the job state at the moment is very difficult as it is in the rest of europe..
Answer 8 :
i am from portugal and it is a Great place to live , yes its True its hard to find work but as as an accountant ur mum will have no problems finding work at all but in travel in tourism i am not so sure .... as long as u can learn the language you will find work somewhere ... good luck ='.'=

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Thursday, October 7, 2010

Friday, October 1, 2010

What job did you want to do as a child/teenager and do this become reality?

What job did you want to do as a child/teenager and do this become reality?
1.)What job did you want to do as a child/teenager? Did you have burning ambitions to be a fireman, doctor or vet? Maybe something like an actor, musician or sportsman? Are you one of these people who have wanted to be an accountant from Birth? 2.) Did these dreams become reality
Other - Careers & Employment - 10 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
A sleazy cruise ship singer. and no, it didn't come true.
Answer 2 :
I really wanted to be a tornado chaser after seeing the movie "Twister". Now I am an Air Force weather forecaster and will have my bachelor degree in meteorology at the end of this year. So, yes I'm doing weather as a career and could possibly go tornado chasing, but it's not my actual job.
Answer 3 :
i always wanted to become a nurse! ambition fulfilled!
Answer 4 :
A vet, did 2 weeks work experience in Germany and nearly fainted, unfortunatley blood and guts was not for me.
Answer 5 :
I was desperate to become a mechanic. Ended up in electronics... ho hum Now I want to play guitar - gonna make that ambition happen :-)
Answer 6 :
I wanted to be a vet or veterinary nurse. My Dad couldn't afford to send me to uni, so the dream was a no goer before it started. I have ended up as a training manager/adviser/superviser for a very well known charity. (paid) It's not something I ever dreamed I would become and now have a career which is interesting and different every day. I love it. I also work for the NHS, which I really don't like.
Answer 7 :
As a child I wanted to be a vet, but due to being bullied & missing some school my grades were affected :( That idea went out of the window as I didn't pursue science subjects at college. When I got to 18 I had no idea what I wanted to do and at 23 I still don't! I'm a Receptionist which has never been my ambition and I've never really enjoyed the work. Now I'm thinking about a career with animals again, maybe a vet nurse! I realised recently that the welfare of animals is my true passion, and earning a good wage but being bored out of my mind is just not worth it!!
Answer 8 :
The first job I wanted to do was be an Archaeologist. Before I even knew what one was I used to spend all my time outside digging in the garden. All photos of me as a kid are with me with my trusty trowel.I can still hear my Mum shouting " gerrout of theat bleedin' soil!" lol I found loads of stuff which wasn't bad going for a council semi in Liverpool ;-) Did still want to be one aged 14 when choosing options only I was told by careers teacher that I would need A level maths. I'm crap at maths so.... Obviously went in a civil service nursing direction. Harumph.
Answer 9 :
I wanted to be a teacher - but I'm a nursery nurse. I think it's close enough, in the end it changed because actually I much prefer working with this age group than older kids.
Answer 10 :
I dreamed of having a huge office and making important decisions that made money---dream fuflilled except I am making that money for someone else. Currently I am working on trading in the big office for making sure the money I am making with my decisions goes to me...not the company. I want to be self employed by 2012

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Tuesday, September 28, 2010

How can i get into accountancy?

How can i get into accountancy?
When im older i may become an accountant, i just wanted to know a little more about it like what is the pay like? is it easy to by doing an apprenticeship? or would it better to go to university and study accountancy/fianace. basically i want information about getting into it, so websites and what you know would be good. i am in year 11 right now and have done my work experience at an accountacy firm.
Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You will need a college degree to be eligible to take the exam to become a Certified Public Accountant (CPA). You will need a CPA to be hired as an accountant. An accounting degree program will teach you all of the skills you need to be successful in the field. Most degree programs will also help you find an internship at an accounting firm so that you can gain some practical experience. Most states require that you earn 150 semester credits to be eligible to become a CPA. If the college you chose does not have a degree program specific to accounting, make sure you determine which courses you need to take to satisfy your state's CPA requirements. Accountants generally make between $40k and $45k a year, but salaries will depend on the type of company that you work for, the responsibilities you have, how many years you have worked in the field, and your education level. This site has more information about accountants and the CPA exam. http://www.cpa-exam.org/ Good luck!
Answer 2 :
Take an AAT (Association of Accounts Technicians) course.
Answer 3 :
The first step is to get accepted in to a college or university. You will take general core courses that all students take your first year or so. You will need a high GPA to be accepted in an accounting program, but the actual requirement varies based on the school. Your senior year in college is when you should really be looking for jobs. If your school has a job fair you should go to it. Know who you plan to talk to and know as much as you can about them before you get there. Look professional and have copies of your resume. When you are looking for a career you have many options. Some of these include public accounting, private accounting, and government work. Many public accounting firms will hire a year in advance of a student's graduation date. If you decide to go the public accounting route, I can tell you what impresses them when it comes to resumes. They care about GPA, internships, and other activities like professional groups within your school. You might consider doing an internship with the tax department of a CPA firm, and then doing an internship with the audit department of a CPA firm. Often I have heard that you if you are interested in tax, you hate audit. I am sure that is not the case for many though. If your school has an accounting/finance fraternity, I suggest you join it. Do whatever you can to set yourself apart from the hundreds of resumes they look at. If you hope to have a better chance at getting a job with one of the large accounting firms, I suggest that you at least consider going for your Masters of Accountancy after you graduate. One more thing I would let you know is that you don't have to be a CPA to get an accounting career. CPA firms will expect you to take steps towards completing your CPA within the first 1-2 years of employment. Some industry jobs don't expect you to get it but most do, and there can be more room for advancement if you have your CPA. You can do a simple google search to find average salaries, but part of that depends on the city and the size of the firm. A large, international accounting firm will likely pay a better salary than a regional accounting firm. A regional accounting firm is going to likely offer a better starting salary than a small, local accounting firm. I hope this helps.
Answer 4 :
Pay: 40k-100k Could be more or less since every business needs an accountant. Im taking college accounting right now in my senior year of HS So far it's easy just counting numbers and finding the companies incomes. If you are really determined to be an accountant you can make 71k once you leave college if you are very good. Accounting is a very easy job to go up in. And you can always easily switch your jobs from accounting to business management etc. Since everything is built upon accounting and economy.

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Tuesday, September 14, 2010

what salary can I expect with these qualifications in about 30 years time? pleeeeeeeeeeeeeease answer?

what salary can I expect with these qualifications in about 30 years time? pleeeeeeeeeeeeeease answer?
if i have a degree in mechanical engineering, then went to become a chartered accountant and becomes one and then gets an MBA. by the time i get all these qualifications, i will be about 29 years old. so when i am 39 years old what salary can i expect to earn?
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
So you are 9 years old now. does not ring true. No way of predicting salary ahead. look at job adverts to get a clue what current salary is.
Answer 2 :
That depends on so many factors that any prediction would be utterly useless.
Answer 3 :
Since the country will be broke and socialist, what does it matter? They will take care of you from cradle to grave and the american dream of being who you want to be will be but a distant memory. HA HA HA HA to you. Send all your thank you notes and cards to the congress and president.

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Tuesday, September 7, 2010

is being an accountant a good job and why?

is being an accountant a good job and why?

Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You'll earn loads of money if your good, generally very boring people to meet though.
Answer 2 :
No. Lion taming or child catching...now they're jobs.
Answer 3 :
you need to be the right sort of person ie analitical you also need to be methodical its also best if you can be self employed with it as you will make about the same asworking for someone else in the first year then after that if you are any good the wage just goes up
Answer 4 :
An accountant has an advantage over many professions because businesses always need accountants but not so some of the others. Solicitors, Barristers, Architects etc are required for special circumstances but the accountant is ever present.
Answer 5 :
It's good in the sense that you can make good money, you will easily be able to find a job and will have good job security. However, it can be very mundane. You will do the same thing, day in day out, for 40 years or however long your working life is. There are plenty of other jobs that are "good" in terms of making money and having job security, yet they're far more exciting.

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Wednesday, September 1, 2010

how much should a small business pay an accountant with a turnover of £55'000?

how much should a small business pay an accountant with a turnover of £55'000?

Careers & Employment - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I pay £600 that includes my self assesment form
Answer 2 :
600-800
Answer 3 :
I used to pay between 400 - 600 pounds but its worth shopping about and if you keep any computerised accounts such as quickbooks or sage then it often help the accountant to finalise the books. If you do this you can ask for a reduced amount as your saving them a lot of time. hope this helps
Answer 4 :
It really depends on what area of the country you are in, but I live in the South of England (not London) and I pay £75 per month for book keeping and an additional £200 per year for the accountant to check the books and complete self assessment.
Answer 5 :
About 500 pounds I would say. How small is your business, and in what area? Those facts count.

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Saturday, August 28, 2010

The accountant?

The accountant?
An accountant is having a hard time sleeping and so he decides to go to see his doctor. "Doctor, I just can't get to sleep at night," complains the man. "Have you tried counting sheep?" inquired the doctor. The accountant replied, "That's the problem, Doc. I make a mistake and then spend three hours trying to find it!"
Jokes & Riddles - 17 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Ha ha ha probably true ,,,
Answer 2 :
soo...true...lol
Answer 3 :
a wooly good joke.lol
Answer 4 :
Lol, it's true.
Answer 5 :
LOL! xD Yeah... Accountants tend to do that... xD xD xD
Answer 6 :
True
Answer 7 :
oh, that's great!
Answer 8 :
LOL. very good Rose.
Answer 9 :
hahaha accountants ...so exiting lol
Answer 10 :
That is so close to how accountants are trained it is unbeleivable!!! LOL!! 10/10 for that one!! *
Answer 11 :
hehehe, sounds about right, and then they charge for it, pmsl star
Answer 12 :
Ha ha ha.!!! Poor bloke, lol.!!! Cheers.!!
Answer 13 :
thanks for the laugh
Answer 14 :
that's cute
Answer 15 :
Nice one.
Answer 16 :
hahahaha...brill**
Answer 17 :
HeHe.... Sounds about right...

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Saturday, August 14, 2010

If an accountant was constipated?

If an accountant was constipated?
would he work it out with a pencil? Yeah, the old ones, are the best ones!
Jokes & Riddles - 12 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ancient
Answer 2 :
OH fecking hell, must try this! From a constipated accountant:))
Answer 3 :
A pencil would be insufficient - he (or she) would need paper as well.
Answer 4 :
probably not because accountants are full of s#!t
Answer 5 :
A really old one when i was at school.
Answer 6 :
I thought it was that a mathematician was constipated and he worked it out with a pencil.
Answer 7 :
Lame
Answer 8 :
heard it.
Answer 9 :
i didnt get it
Answer 10 :
only if a dishwasher used a spoon
Answer 11 :
i dont get it????
Answer 12 :
That really is disgusting.
Answer 13 :
vacuum cleaner would work

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Saturday, August 7, 2010

Chartered Accountant schools?

Chartered Accountant schools?
So I'm thinking of going into Chartered Accounting and I was wondering which universities in the GTA offer a program which will help me succeed in doing this. I am in high school Grade 11, but will be in Grade12 next year and I want to choose the best school for my learning. I was thinking about York Universities Schulich School of Business but I've heard bad things so yeah.. Can anyone help me out and link me to some pages which will provide what I'm looking for? Thanks in advance!
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Here is a page below that might help you. I'm in the UK but looked it up on the internet - my son in law is a chartered accountant - and it looks very similar over there to how it is here. Basically, he got a maths degree and then he got a job with a big accountancy firm, and over the course of three years training with them he took his exams. That looks to be only 30 months required in Canada. Looking at the website below, it seems they like you to do a commerce or management degree over there, but if you contact ASCA they will give you more information.

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Sunday, August 1, 2010

Accountants please could you help with the following journal?

Accountants please could you help with the following journal?
Cash received from customers was £29,560.49. This was posted to the sales ledger control account as £25,960.49. Please could you draw up a journal for that. Thank you.
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, no I will not.
Answer 2 :
The sales ledger control account must balance to all the individual debtors balances. There will be a Credit balance(as sales ledger control account is understated) in the suspense account of £3600 on the trial balance. therefore: Debit : Suspense Account £3,600.00 Credit : Sales Ledger control Account £3,600.00 Hope thats correct.
Answer 3 :
Debit cash 3600, credit accounts receivable, 3600.

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Wednesday, July 28, 2010

Is becoming an accountant hard.?

Is becoming an accountant hard.?
Okay well is it hard and a boring career.? How much money will i make.? How much more money would i make if i become a CPA. what does an accountant do. Where do they work. who do they work for ( A fashion place,Fun places, ect) Please help :)
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Let me tell you from experience It is a boring life - you spend it all day in a small office with women who slander and back-stab each other as well as yourself all day They have their stroppy moments which can last days/ weeks and dont say this wont happen cos it happens everywhere - and its headaches after headaches On the work front, well you need a really good memory and ask yourself, are you willing to sit behind a desk all day watching a computer screen
Answer 2 :
In life you got to listen to yourself and know what your passion is. Develop goals and split tasks to achieve them. I started as an accountant then to an internal auditor. As some say personally I found it repetitive and boring but I found internal audit very exciting. I'm now developing a website - http://www.business-competence.com/ from the knowledge I have gathered as both an accountant and internal auditor. So it all lies with you and the choices you make in life.
Answer 3 :
Yes it is hard, but never boring if you enjoy what you're doing. You'll make more as a CPA than as an in-house accountant. Accountants are required in every field, be it a fashion place or a coal mine.

Wednesday, July 14, 2010

How much are financial accountants paid roughly?

How much are financial accountants paid roughly?
and how competitive is it for a job? in the UK btw.
Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They make most of their money by skimming the books.
Answer 2 :
Don't know if this will help but in Cyprus I paid CYP£60 + vat a month, and for what they did £6 would have been too much
Answer 3 :
Accountants won't accept rough payments. I hear it's well paid but tedious work. And it's a profession. You have to study.
Answer 4 :
Totally depends on where you are looking, if you have a background (including a college degree), if you have passed the CPA exam. Good ones are usually don't have a problem finding a job. A friend of mine, in Chicago, got hired in at about $45K per year our of college in 1999, but she was top 10% of the graduating college class. She got her CPA and 7 years later is around $75-80K. This should continue to go up with experience. Chicago is a relatively expensive place to live, so this will vary depending on the market.

Wednesday, July 7, 2010

Getting information from an Accountant !?

Getting information from an Accountant !?
Please I need your help, I have applied for my permanent residence with the Home Office and they need proof that my ex-husband was paying taxes. He was a cab driver , so he had an accountant that filed his taxes annually. My ex has refused to provide me with his paylips. PLEASE!! does anyone know how I can get this information from his accountant legally? I would be very grateful if anyone could help. thanks
Other - Taxes - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
His accountant cannot release this information to you without your ex's permission. However, he can release his tax reference number to the Home Office and they can obtain the information they want from HMRC.
Answer 2 :
The tax authorities can write to your ex-husband's accountant to compel him to submit to it his client's tax particulars.
Answer 3 :
No, it is likely accountant will be acting on the instructions of his client (your ex-husband, who pays him) and he would not release the information without ex-husband's consent. If your ex won't give you the information, it is unlikely his accountant will. Did you obtain any financial evidence by order of the court for your divorce hearing? I think that may be the way to go. I don't know what powers the Home Office have to get the info. It is a different Government department, and I would guess no powers. A solicitor would advise you as to the legal aspect of getting a court order on this. NB. From your post, it sounds as though your husband was self-employed. The employed don't file taxes annually. So there wouldn't be any payslips to show you. What you need is a copy of his self-employed accounts.

Thursday, July 1, 2010

Is an AAT course a good way to start a career in accounting?

Is an AAT course a good way to start a career in accounting?
Is an AAT course a good way to start a career in accounting? AAT being a British organisation training and accrediting accountants, but not to university level. Has anyone had any personal experience with it?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I haven't had any experience myself but my husband is an accountant. It's a very good starting point, especially for non-graduates and can lead to a decent enough career in itself. If however you want to move onto bigger and better things, you can do Management Accountant courses such as CIMA and ACCA on the back of it.