How much do Accountants in the UK earn?
I was just interested in how much accountants earn per annum, I'm thinking about accountancy as a career. I know the more experience you have, the better pay etc.. and don't do a job just for the money blah blah blah. But how much do they earn after so many years? Thanks!
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
On average between 30-50k
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Wednesday, September 28, 2011
Wednesday, September 14, 2011
Accountant Help - Confused about chartered etc....?
Accountant Help - Confused about chartered etc....?
Im in uni doin a bsc in accounting.. I am soo confused because the other day my lecturer said that after graduation i will only be a part-qualified accountant!.. Something about chartered exams and work at the same time? I need someone to very simply and easily expain this procedure. Will the company i get a job with allow me to study for my charted exams or will i have to do them part time? Also how long (in years) does it take to become charted? How much money will i be on part-qualified and also chartered? Thank Youuuu!!! =)
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Every profession on the planet earth has additional credentialling requirements beyond the college degree. For example, you can finish law school, but you're not a lawyer until you pass the bar exam. You can finish medical school, but you're not a doctor until you pass the medical licensing exam. Likewise, for accountants, there are accountants without credentials, and accountants with credentials --"Chartered Accountants". Look up your own country's (or province's) requirements. Fulfill the requirements, and you'll be a happy accountant.
Answer 2 :
To become a fully qualified Chartered Accountant (ACA) you typically work for a large firm of auditors who run a training scheme. It takes about 3 years for you to become fully qualified but the big firms will kick you out if you fail too many exams. Big firms will give you time of to study and take exams and also pay for exam and course fees. I have not checked recently but I guess a starting salary for a graduate trainee in a big firm would be £ 20,000 to 23,000. Competition is stiff to get on the big firms training schemes and you need a good degree from a good university. See: http://www.icaew.com/index.cfm/route/158423/icaew_ga/en/Home/Institute_of_Chartered_Accountants_in_England_and_Wales If you fail to get on an ACA training scheme with a big firm you may be able to get on one on a smaller firm. Failing that you can work for a smaller firm and take the Certified accoutants exams (ACCA). Starting salaries will be less probably £ 15,000 to £ 18,000. See: http://www.accaglobal.com/publicinterest/about/ A better alternative these days is a Chartered Management accountancy training scheme in business. The advantage of this is that by the end of your 3 years you will have those 3 years experience in business so you are better equiped to work in business than an ACA who has spent the 3 years in an audit firm. Also the CIMA sylabus and training is regarded as more relevant for a job in business. You will not get time of to study on a CIMA training course but you will get time of for exams. Your employer may or may not pay your course fees. Starting salaries on a CIMA training course are probably a bit lower than ACA starter in a big professional firm - say around £ 18,000 but it will vary quite a bit. See: http://www.cimaglobal.com/cps/rde/xchg/live/root.xsl/index.htm Remember that competition is intense at the moment for all these training schemes.
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Im in uni doin a bsc in accounting.. I am soo confused because the other day my lecturer said that after graduation i will only be a part-qualified accountant!.. Something about chartered exams and work at the same time? I need someone to very simply and easily expain this procedure. Will the company i get a job with allow me to study for my charted exams or will i have to do them part time? Also how long (in years) does it take to become charted? How much money will i be on part-qualified and also chartered? Thank Youuuu!!! =)
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Every profession on the planet earth has additional credentialling requirements beyond the college degree. For example, you can finish law school, but you're not a lawyer until you pass the bar exam. You can finish medical school, but you're not a doctor until you pass the medical licensing exam. Likewise, for accountants, there are accountants without credentials, and accountants with credentials --"Chartered Accountants". Look up your own country's (or province's) requirements. Fulfill the requirements, and you'll be a happy accountant.
Answer 2 :
To become a fully qualified Chartered Accountant (ACA) you typically work for a large firm of auditors who run a training scheme. It takes about 3 years for you to become fully qualified but the big firms will kick you out if you fail too many exams. Big firms will give you time of to study and take exams and also pay for exam and course fees. I have not checked recently but I guess a starting salary for a graduate trainee in a big firm would be £ 20,000 to 23,000. Competition is stiff to get on the big firms training schemes and you need a good degree from a good university. See: http://www.icaew.com/index.cfm/route/158423/icaew_ga/en/Home/Institute_of_Chartered_Accountants_in_England_and_Wales If you fail to get on an ACA training scheme with a big firm you may be able to get on one on a smaller firm. Failing that you can work for a smaller firm and take the Certified accoutants exams (ACCA). Starting salaries will be less probably £ 15,000 to £ 18,000. See: http://www.accaglobal.com/publicinterest/about/ A better alternative these days is a Chartered Management accountancy training scheme in business. The advantage of this is that by the end of your 3 years you will have those 3 years experience in business so you are better equiped to work in business than an ACA who has spent the 3 years in an audit firm. Also the CIMA sylabus and training is regarded as more relevant for a job in business. You will not get time of to study on a CIMA training course but you will get time of for exams. Your employer may or may not pay your course fees. Starting salaries on a CIMA training course are probably a bit lower than ACA starter in a big professional firm - say around £ 18,000 but it will vary quite a bit. See: http://www.cimaglobal.com/cps/rde/xchg/live/root.xsl/index.htm Remember that competition is intense at the moment for all these training schemes.
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Wednesday, September 7, 2011
Accountant and farmer?
Accountant and farmer?
A man walking along a road in the countryside comes across a shepherd and a huge flock of sheep. Stopping to rest, he tells the shepherd, "I will bet you $100 against one of your sheep that I can tell you the exact number in this flock." The shepherd thinks it over. It's a big flock, so he takes the bet. The man looks around and answers, "869." The shepherd is astonished, because that is exactly right. The shepherd says, "Okay, I'm a man of my word, take an animal." The man picks one up and begins to walk away. "Wait," cries the shepherd, "let me have a chance to get even. Double or nothing that I can guess your exact occupation." The man agrees. "You are an accountant for the government," says the shepherd. "Amazing!" responds the man. "You are exactly right! But tell me, how did you deduce that?" "Well," says the shepherd, "put down my dog and I will tell you."
Jokes & Riddles - 18 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Very good never heard that one before.
Answer 2 :
lol...funny...thanks for sharing...do u hav anymore?
Answer 3 :
right
Answer 4 :
baaaa i good but a bit woof in places.lol
Answer 5 :
Ha ha ha well worth a star,,,,
Answer 6 :
i dont get it?
Answer 7 :
that doesnt make any sense!!! first of all, u say he says "I will bet you $100 against one of your SHEEP that I can tell you the exact number in this flock."
Answer 8 :
lol
Answer 9 :
Great version, i know the blonde version of that joke, she dyes her hair brunette and counts the sheep and the farmer bets that he can guess her natural hair color for his dog back.
Answer 10 :
i dont get it either
Answer 11 :
hahahahahahaha..nice 1
Answer 12 :
Excellent!!! xD xD xD Excellent joke!!! xD xD xD Here's a star! *
Answer 13 :
haha very good
Answer 14 :
Brilliant!! Another good one!! LOL!! *
Answer 15 :
omg hun, excellent, pmsl star
Answer 16 :
Ha ha ha.!!! Don't know sheep from dogs, lol.!!! Good one.!!! 10/10.!!! Still smiling here.!!
Answer 17 :
hahaha...great joke*
Answer 18 :
Ummmmmmmmmmm
Read more other entries :
A man walking along a road in the countryside comes across a shepherd and a huge flock of sheep. Stopping to rest, he tells the shepherd, "I will bet you $100 against one of your sheep that I can tell you the exact number in this flock." The shepherd thinks it over. It's a big flock, so he takes the bet. The man looks around and answers, "869." The shepherd is astonished, because that is exactly right. The shepherd says, "Okay, I'm a man of my word, take an animal." The man picks one up and begins to walk away. "Wait," cries the shepherd, "let me have a chance to get even. Double or nothing that I can guess your exact occupation." The man agrees. "You are an accountant for the government," says the shepherd. "Amazing!" responds the man. "You are exactly right! But tell me, how did you deduce that?" "Well," says the shepherd, "put down my dog and I will tell you."
Jokes & Riddles - 18 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Very good never heard that one before.
Answer 2 :
lol...funny...thanks for sharing...do u hav anymore?
Answer 3 :
right
Answer 4 :
baaaa i good but a bit woof in places.lol
Answer 5 :
Ha ha ha well worth a star,,,,
Answer 6 :
i dont get it?
Answer 7 :
that doesnt make any sense!!! first of all, u say he says "I will bet you $100 against one of your SHEEP that I can tell you the exact number in this flock."
Answer 8 :
lol
Answer 9 :
Great version, i know the blonde version of that joke, she dyes her hair brunette and counts the sheep and the farmer bets that he can guess her natural hair color for his dog back.
Answer 10 :
i dont get it either
Answer 11 :
hahahahahahaha..nice 1
Answer 12 :
Excellent!!! xD xD xD Excellent joke!!! xD xD xD Here's a star! *
Answer 13 :
haha very good
Answer 14 :
Brilliant!! Another good one!! LOL!! *
Answer 15 :
omg hun, excellent, pmsl star
Answer 16 :
Ha ha ha.!!! Don't know sheep from dogs, lol.!!! Good one.!!! 10/10.!!! Still smiling here.!!
Answer 17 :
hahaha...great joke*
Answer 18 :
Ummmmmmmmmmm
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Thursday, September 1, 2011
Accountant has tax repayment, but is negligent in returning to IR or myself, how can I recover it?
Accountant has tax repayment, but is negligent in returning to IR or myself, how can I recover it?
My (now) former accountant is withholding money that is due back to the Inland Revenue on my tax statement. This is money that was issued as repayment initially but now after an amended return needs to be repaid. He was acting has my tax agent at the time and this repayment went directly to him. He has made half-hearted response in emails stating that he will make the payment son but nearly 23 months have passed, so he has for all practical purposes ignored requests to forward the money directly to the Inland Revenue or to myself so that I can pay them. What are my options for help in recovering this money? Thanks for the replies. To clarify,yes, the accountant has already been paid in full. How woudl I find out what professional association he is affiliated with? Thanks for the replies. To clarify,yes, the accountant has already been paid in full. How woudl I find out what professional association he is affiliated with?
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Small claims court - the forms are online.
Answer 2 :
Report him to his professional association.
Answer 3 :
Having come across similar situations professionally, I have to ask if you owe your accountant any money for his services? Accountants like to get your repayment because they are then sure of getting paid. Revenue staff think this is a sneaky way for accountants to behave, but it does happen. If it is the case, any repayment made to accountant will be kept by him as long as repayment wasn't in excess of his bill, Taking him to small claims court, or reporting him to his professional body wouldn't be upheld in those circumstances, and you will have to find the money to repay HMRC yourself. If this isn't the case, I hope you have kept the e-mails, or at least copies, so that they can support any further action you take, whether small claims court, or reporting him to his professional body.
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My (now) former accountant is withholding money that is due back to the Inland Revenue on my tax statement. This is money that was issued as repayment initially but now after an amended return needs to be repaid. He was acting has my tax agent at the time and this repayment went directly to him. He has made half-hearted response in emails stating that he will make the payment son but nearly 23 months have passed, so he has for all practical purposes ignored requests to forward the money directly to the Inland Revenue or to myself so that I can pay them. What are my options for help in recovering this money? Thanks for the replies. To clarify,yes, the accountant has already been paid in full. How woudl I find out what professional association he is affiliated with? Thanks for the replies. To clarify,yes, the accountant has already been paid in full. How woudl I find out what professional association he is affiliated with?
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Small claims court - the forms are online.
Answer 2 :
Report him to his professional association.
Answer 3 :
Having come across similar situations professionally, I have to ask if you owe your accountant any money for his services? Accountants like to get your repayment because they are then sure of getting paid. Revenue staff think this is a sneaky way for accountants to behave, but it does happen. If it is the case, any repayment made to accountant will be kept by him as long as repayment wasn't in excess of his bill, Taking him to small claims court, or reporting him to his professional body wouldn't be upheld in those circumstances, and you will have to find the money to repay HMRC yourself. If this isn't the case, I hope you have kept the e-mails, or at least copies, so that they can support any further action you take, whether small claims court, or reporting him to his professional body.
Read more other entries :
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