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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