Thursday, June 28, 2012

How to begin a career as an Accountant?

How to begin a career as an Accountant?
I hold a BBA( Bachelor of Business Administration) Degree from Bangladesh.I have no education from UK.My Status in this country is Indefinite Leave to remain.Currently I am working as a Retail Assistant. I have worked at a bank as an Accounts Assistant in Bangladesh for over one year.Currently i am looking to make a career in UK as an Accountant. But I don't know from where to start. Currently i have joined in a course named Certificate in Accounting Level-2. Can anybody suggest from where to start if I want a career as an Accountant. Thank you
Other - Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
When you say 'My Status in this country is Indefinite Leave to remain' is that for the UK or Bangladesh? If it's not the UK the first thing you need to do is get a Visa. You'll then need to decide what type of Accountant you wish to become, whether it's Chartered, Management, Certified Public. Upon deciding this, you'll have to begin your training with the relevant qualification boards to become an Accountant. You can get onto one of these training schemes by applying to companies that offer the graduate schemes (they'll sponsor you, aswell as you receiving a small salary, about £23000. This usually takes 3/4 years). You could pay for the courses yourself and complete them in a year instead of three. The total cost for all of the courses for MOST qualification bodies is anywhere upto £3000. You could then look forward to a starting salary of anywhere between £25000 - £40000 once FULLY qualified.

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Thursday, June 14, 2012

Should I pay my accountant after they did a such a poor job?

Should I pay my accountant after they did a such a poor job?
I have just been invoiced for nearly £450 by my accountant for work they claim to have done, I have offered to pay them £200 in final payment with a list of my grievences but it has been rejected. Here are my issues with them: A lack of communication, very slow replies to emails and answer-phone messages, sometimes weeks and after repeated attempts. Lack of financial advice when changes were made in the way I was being paid. Admission that they had forgotten to do my tax returns which ended up in a £100 fine. (admittedly they paid this) but not until I had debt collection threats Did not do my annual returns and still hasn't done so. I am willing to pay something but by law can I pay what I feel the service was worth, or could this end in them taking me to the small claims court. Scott
Law & Legal - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You have to pay them as they and yourself would have signed a contract but if you where unhappy with there performance you would have to fire or talk about to them about the situation.
Answer 2 :
You can refuse to pay and they would have to take action via the small claims procedure in the county court to pursue this. You are always expected to pay for what you have received. Therefore, your suggestion of £200 seems like a good compromise. Send them a cheque with a letter stating that it is in full and final settlement of the matter. If they refuse to accept it then you need to decide if you can face going through the legal procedure. You should defend yourself as you will not be able to recover solicitors costs even if you win the case. That said, neither will they, costs are limited to £50 in the small claims. If you lose the case you will have to pay about £100 - £150 on top of the amount claimed so it might be worthwhile taking the risk.
Answer 3 :
you have to pay so your question doesn't matter

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Thursday, June 7, 2012

can i get an accountant to fill out my canadian 08 tax return when i live in northern ireland?

can i get an accountant to fill out my canadian 08 tax return when i live in northern ireland?
i spent a year backpacking in canada. i did the 07 tax return with HR block who messed it up. i am now back in northern ireland and have my 08 return to do. needless to say i dont have a clue how to do it. the forms dont make it easy for people who backpacked there, i was there for more than 183 days in 08. the CRA website has a habit of sending you in circles and the international dept have not been very helpful in previous dealings. does anyone know of an accountant i could use online or is able to offer any help??
Canada - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, H&R block does have a habit of messing things up. I'm surprised, though, the folks at CRA are usually pretty helpful. I emailed you privately.

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Friday, June 1, 2012

What career should I go for? chartered accountant or engineer? pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeease answer?

What career should I go for? chartered accountant or engineer? pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeease answer?
if i decided to become a chartered accountant i would become one and then go on to get an mba. if i decided to become an engineer then i would become one and then try and get a phd. both ways i am pretty sure i would make good salary. maybe 100k+. but i dont know what i would enjoy more. please help me decide what to do for. here is my personality and life.... i like to sit around and watch tv. ( I AM A lazy couch potato). i dont really get out of my house i just sit inside and go on computer or do something like that. i dont like dirty manual labour.now reading this you might think accountancy will be the better career for me. but wait there is more. i would like to invent something in my life that is gonna be a great invention. i like doing stuff like filing down wood and metal and making things out of it. basically working with tools and nuts, bolts and screws and files and stuff like that. from this it looks like i want to have an engineering career. (one important thing - if i am going to do engineering it would be civil or chemical engineering or else i would go for accounting). someother stuff are i am good at chemistry (usually i get grade As in exams) but i hate it when in chemistry lessons when we do practical work. would i have to do stuff like that if i become a chemical engineer. and i hate maths but still i am good at it. so would hating maths make me hate my job if i become a chartered accountant. what career should i go for. pleeeeeeeeeeeeeeeeeeease help
Other - Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I'd study accountancy (I am doing actually), and obtain all the qualifications. Then, if you are an accountant, you can transfer those skills into even running your own company! REMEMBER: Don't think that studying accountancy restricts you to just being an accountant.
Answer 2 :
Engineer hun, il give sum inventionts that the UK dont want
Answer 3 :
Hi there As you have taken the time to commit to paper what you consider to be your interests also strengths and preferences I wonder if you have read it through yourself ! It sounds to me as if you are not particularly interested in either career. Many people choose career paths which meet their financial criteria - only you can know if that is enough! Its about choices - either the satisfaction of payday or the challenges of earning a living doing something which floats your boat. I suspect that the fact that you are asking the question reflects your own doubts. If your chosen style is computer geek/ couch potato it is not clear to see where your ambitions lie. I am afraid the only one who can solve your dilemma is the one in the mirror ! I wish you success
Answer 4 :
i would do neither, and if i were you at your age i would get involved in making money online (internet marketing) once you have the know how you can make alot more than 100k a year. im currently starting my online business now. The future is online trust me.
Answer 5 :
pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeese decide one of them and stop asking the same question on here again, and again amd again. We can't make your decision for you - only you can do that and the peoel who know you well are the best to advise you. Forget about the money, you spend 1/2 your waking hours each week at work, or travelling there and back and if you don't enjoy the job money is worthless. Go for something you will enjoy and find rewarding to do. If hiring and firing people, screwing up lives is good then go for the MBA, change the world and become an overseas aid worker, make things and engineering, count money and be bored to death filling in another spreadsheet then accountancy is for you. Engineering is a lot of maths by the way.

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