what is the best way to be a quqlified accountant?
hi, there, currently i am studying accounting and business at A level and i wanted to go to uni for BA program but i got confused with the ACCA course becouse i have many friends who does ACCA course and they are about to finsh within a year they didnt do a BA course and they are now telling me to do the ACCA course and i even approached lots of origansation who provide the course and they all said the same thing not waste time going to Uni instead of doing Acc within two years. please anyone out there can explain for me which is better to do and why? and if you want to be a qualified accountant, what you need to have? do you believe a degree is worthless nowdays?
Higher Education (University +) - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You could be a trainee accountant......... that way you would learn/ get paid/ and have experience........ I often see trainee accountant positions available
Answer 2 :
You have to pay attention to detail, for example, when you typed your question, certain words would have highlighted, pointing out a spelling error, you ignored it. Not good.
Answer 3 :
To be a professional accountant you will need to have a degree in accounting or business majoring in accounting. Typically these are 3 to 4 yrs duration. However, if have lower qualifications like a diploma in account keeping etc.. you maybe able to obtain advanced standing and be able to complete the degree in a shorter period of time. In Australia once you have your degree you would then usually go on to obtain your chartered accountant status.
Answer 4 :
A degree is far from worthless as it depends what you are going to do with it. If you want to be a qualified accountant and choose the degree route, you are looking at 3-4 years for the degree and the at least a year with further qualifications. The ACCA route would be much quicker (and reasonable with regards to £££) as your A Level qualifications would help you to "miss" units and only teach you what you need to know. And as below, you can usually find a placement with a company/firm, who will employ you while you train and often pay for your tutoring/exams/qualifications.
Answer 5 :
If you can afford it, still go to Uni. You can do the ACCA or other accounting qualification afterwards, and should find that many of the modules of work will be exempted because of your degree. You may find that ACCA is not the right qualification for the type of accountancy you want to do. A degree will give you a good solid grounding, and insight into the type of accountancy you prefer.
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Sunday, July 28, 2013
Sunday, July 14, 2013
what career should i go for if i am after money? chartered accountant or chemical engineer? please help. thanx?
what career should i go for if i am after money? chartered accountant or chemical engineer? please help. thanx?
i am only in year 11 right now, doing my GCSEs. but i already have to decide what career i want to go for because i really need to earn at least 35000 pounds a year after about 3-5 years of doing my job. this is because my family is a very poor family and we somehow got a mortgage for a house. and it will take about 20 years for it to be ours. i want it sooner so i can give it to my sister as a present for my parents and my sister. so anyway back to the question. what job should i do to be rich chartered accountant or chemical engineer. what job can get me up to making 100k pounds a year (100k is my goal for life). i am thinking of doing chemical engineering for degree. and then after the degree i am planning to do the tests and course for chartered accounting. thank you. please try and help
Other - Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I respect you, and myself, I am going to try to see if I could become a trainee accountant whilst I am also in university. I don't know money-wise, it would depend upon which firm you work for, or even which type of chemical engineering you go to work in. Pharmaceutical or synthetics? Both jobs have a wide spectrum, so don't discount one from the other. Find your niche and then you'll have more direction.
Answer 2 :
If you wana get up to 100 K then u gotta get into managment level, probably wont earn 100k just doing a job
Answer 3 :
I think I told you this before when you were asking the same repeated question in the Engineering section. Anyway, here I go again and this time LISTEN " Oh, Yawn and Yawn and Yawn again. I have said this before and I have a feeling that I will be telling you this again. IF YOUR DRIVING FORCE IS MONEY DO NOT BE AN ENGINEER. BE A MERCHANT BANKER IN LONDON WHERE THE REWARDS ARE 10 TIMES THAT OF AN ENGINEER - AND THAT IS THEIR BASIC SALARY. FAILING THAT BECOME INVOLVED IN SECURITY IN ONE OF THE WAR ZONES WHERE YOU CAN EARN UP TO £1000 A DAY. Now Pleeeeeeeeeeeese stop asking the same question again, and again, and again....... ....." If your family is very poor this is commendable to help them, however with parents and siblings who might be able to help out don't take it onto yourself to provide for everyone. Most mortgages take 20 to 25 years to pay off so don't complain about that. If you can't afford it you can extend the term of the mortgage - costs more over the term of it but smaller monthly payments letting you have a better quality of life. Or move into a smaller property somewhere cheaper. Then there is a bit about your guilt. Most parents love it when their child goes away to study and then start on the career path - they can see their child doing something they enjoy. If you feel guilty about not contributing back to your family then you stop doing a job you enjoy. This is bad and your parents don't want that. If you are careful you can live a single life on a starting salary for an engineer, get a partner and have 2 salaries and you are better off - and have spare cash to help parents. Now as for demanding £35k - if your short term goal is to give your family cash then you can do that at a much lower salary. Right now I have said that, Pleeeeeeeeeeeeese stop asking the same question again and again and again - Spamming the website is not so good
Answer 4 :
An accountant will not only rarely be out of work but they often end up running companies. As a qualified accountant you can get into lots of high paid industries including Banking, Management Consultancy and Private Equity.
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i am only in year 11 right now, doing my GCSEs. but i already have to decide what career i want to go for because i really need to earn at least 35000 pounds a year after about 3-5 years of doing my job. this is because my family is a very poor family and we somehow got a mortgage for a house. and it will take about 20 years for it to be ours. i want it sooner so i can give it to my sister as a present for my parents and my sister. so anyway back to the question. what job should i do to be rich chartered accountant or chemical engineer. what job can get me up to making 100k pounds a year (100k is my goal for life). i am thinking of doing chemical engineering for degree. and then after the degree i am planning to do the tests and course for chartered accounting. thank you. please try and help
Other - Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I respect you, and myself, I am going to try to see if I could become a trainee accountant whilst I am also in university. I don't know money-wise, it would depend upon which firm you work for, or even which type of chemical engineering you go to work in. Pharmaceutical or synthetics? Both jobs have a wide spectrum, so don't discount one from the other. Find your niche and then you'll have more direction.
Answer 2 :
If you wana get up to 100 K then u gotta get into managment level, probably wont earn 100k just doing a job
Answer 3 :
I think I told you this before when you were asking the same repeated question in the Engineering section. Anyway, here I go again and this time LISTEN " Oh, Yawn and Yawn and Yawn again. I have said this before and I have a feeling that I will be telling you this again. IF YOUR DRIVING FORCE IS MONEY DO NOT BE AN ENGINEER. BE A MERCHANT BANKER IN LONDON WHERE THE REWARDS ARE 10 TIMES THAT OF AN ENGINEER - AND THAT IS THEIR BASIC SALARY. FAILING THAT BECOME INVOLVED IN SECURITY IN ONE OF THE WAR ZONES WHERE YOU CAN EARN UP TO £1000 A DAY. Now Pleeeeeeeeeeeese stop asking the same question again, and again, and again....... ....." If your family is very poor this is commendable to help them, however with parents and siblings who might be able to help out don't take it onto yourself to provide for everyone. Most mortgages take 20 to 25 years to pay off so don't complain about that. If you can't afford it you can extend the term of the mortgage - costs more over the term of it but smaller monthly payments letting you have a better quality of life. Or move into a smaller property somewhere cheaper. Then there is a bit about your guilt. Most parents love it when their child goes away to study and then start on the career path - they can see their child doing something they enjoy. If you feel guilty about not contributing back to your family then you stop doing a job you enjoy. This is bad and your parents don't want that. If you are careful you can live a single life on a starting salary for an engineer, get a partner and have 2 salaries and you are better off - and have spare cash to help parents. Now as for demanding £35k - if your short term goal is to give your family cash then you can do that at a much lower salary. Right now I have said that, Pleeeeeeeeeeeeese stop asking the same question again and again and again - Spamming the website is not so good
Answer 4 :
An accountant will not only rarely be out of work but they often end up running companies. As a qualified accountant you can get into lots of high paid industries including Banking, Management Consultancy and Private Equity.
Read more other entries :
What software programs do real accountants use for book keeping?
What software programs do real accountants use for book keeping?
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sage is the market leader, and we use it.
Answer 2 :
Quickbooks is a popular program.
Answer 3 :
Sage is the non-free, professional one. The two biggest open-source/free ones are GNUcash and Grisbi. There are actually loads of open-source free ones. Heck, you could even use Microsoft Excel if you are desperate!
Answer 4 :
They almost all use Sage, which is the industry standard. It helps if businesses use it as well, as it makes it easier to give the accounts to the accountant. Sage is very powerful, but with that comes complexity, although like anything, if you spend time using it you get the hang of it, and your accountant should be able to help you with any problems you have.
Answer 5 :
In India, 'Tally' is the most popular and simplest package. It is also used in other countries.
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Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Sage is the market leader, and we use it.
Answer 2 :
Quickbooks is a popular program.
Answer 3 :
Sage is the non-free, professional one. The two biggest open-source/free ones are GNUcash and Grisbi. There are actually loads of open-source free ones. Heck, you could even use Microsoft Excel if you are desperate!
Answer 4 :
They almost all use Sage, which is the industry standard. It helps if businesses use it as well, as it makes it easier to give the accounts to the accountant. Sage is very powerful, but with that comes complexity, although like anything, if you spend time using it you get the hang of it, and your accountant should be able to help you with any problems you have.
Answer 5 :
In India, 'Tally' is the most popular and simplest package. It is also used in other countries.
Read more other entries :
Sunday, July 7, 2013
Is the AAT qualification acceptable for migration to Australia?
Is the AAT qualification acceptable for migration to Australia?
There are so many web sites and so much information about this, i can't make heads or tails of it. I am AAT qualified but i need to know if this specific qualification is recognised by the Australian authorities as a skilled trade. It says "Accountants" on their list of wanted trades but is AAT sufficient? There are so many web sites and so much information about this, i can't make heads or tails of it. I am AAT qualified but i need to know if this specific qualification is recognised by the Australian authorities as a skilled trade. It says "Accountants" on their list of wanted trades but is AAT sufficient?
Other - Australia - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Before an Accountant can apply for a skilled immigration visa, they must have their qualifications, training and post-qualification experience assessed by one of three assessment bodies. Those assessment bodies don't simply look at your qualification but rather they assess the course you took and the subjects you passed in that course. For information on skills assessment for Accountants, follow the links from the ASRI listing for the profession: http://www.immi.gov.au/asri/occupations/a/accountant-general.htm
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There are so many web sites and so much information about this, i can't make heads or tails of it. I am AAT qualified but i need to know if this specific qualification is recognised by the Australian authorities as a skilled trade. It says "Accountants" on their list of wanted trades but is AAT sufficient? There are so many web sites and so much information about this, i can't make heads or tails of it. I am AAT qualified but i need to know if this specific qualification is recognised by the Australian authorities as a skilled trade. It says "Accountants" on their list of wanted trades but is AAT sufficient?
Other - Australia - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Before an Accountant can apply for a skilled immigration visa, they must have their qualifications, training and post-qualification experience assessed by one of three assessment bodies. Those assessment bodies don't simply look at your qualification but rather they assess the course you took and the subjects you passed in that course. For information on skills assessment for Accountants, follow the links from the ASRI listing for the profession: http://www.immi.gov.au/asri/occupations/a/accountant-general.htm
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Monday, July 1, 2013
Me and my husband have to meet a new accountant for our business ?
Me and my husband have to meet a new accountant for our business ?
i have a family to look after and now my youngest has started school i want to do some regular hours in our office to help out .Up until now i have only really done the books a few times a year so basically it is a rush job to get all of our financial books in every year i know it is disorganised. Now i really want to improve upon this situation and be more efficient .The new accountant is really looking forward to meeting me but because i haven't done anything on a regular scale i don't know what to say to her do i be honest and tell her how disorganised i am or just try and fudge my way through it what do you think? i am just going to end up looking a right fool and i know its my own fault funnily enough my hubby isnt too bothered he will probley let me dig myself into a big hole .
Small Business - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Just be honest. She will find out later anyway if you haven't kept up to date and she's probably used to clients not having everything organised. Im sure it wont be a problem.
Answer 2 :
Be honest. she is going to be able to tell eventually and she'll have a lot more trust for you, if she knows you were upfront. And don't be embarassed... most small businesses operate this way. We try not to!! But you know how it is, there is always something else and this just isn't a "fun" thing.
Answer 3 :
For f*cks sake you are paying her! Why should you be embarrassed? When you consider that you have to provide all the information for an accountant to use, why don't you think seriously about DIY now you have more time on your hands. You only have to look at the accountant's fees for encouragement. There is a choice of software out there to help you out. Look on the net for reviews to choose a good one.
Answer 4 :
Your worrying about it to much she or he is not going to bite your head off,just be honest and Im sure you will come out of there feeling good about yourself.
Answer 5 :
Trust me, I have an Accountant and he would see straight through me if I tried to "fudge my way through". I started as a Company Secretary a few years ago, with no experience at all. My Accountant showed me everything from scratch and now I do the wages, tax, cis tax, NI and all the book-keeping. Don't try to con your Accountant into thinking you know more than you do. Be honest, ask for her assistance and get her on-side. I honestly believe that a good, approachable Accountant is one of the best assets a small business can have.
Answer 6 :
Don't worry about it. Our accountants have clients who just hand them carrier bags full of receipts at the end of the year and says that's what's happened over the year. Those people are never embarrassed. Make a friend of the accountant and ask what's the best way that you can keep records so that they don't have to do so much for you at the year end, which should keep their fees down. I keep all our accounts on Excel spreadsheets and give that to the accountant at the year end. He's able to do everything from that once I've done a stock check and given him a list of debtors and creditors. As others have said, there's no point in fudging what you've done. You've had your reasons. Tell her you now want to be more organised, ask for her help to make her life and yours easier and you should have a good business friend. Good luck!
Read more other entries :
i have a family to look after and now my youngest has started school i want to do some regular hours in our office to help out .Up until now i have only really done the books a few times a year so basically it is a rush job to get all of our financial books in every year i know it is disorganised. Now i really want to improve upon this situation and be more efficient .The new accountant is really looking forward to meeting me but because i haven't done anything on a regular scale i don't know what to say to her do i be honest and tell her how disorganised i am or just try and fudge my way through it what do you think? i am just going to end up looking a right fool and i know its my own fault funnily enough my hubby isnt too bothered he will probley let me dig myself into a big hole .
Small Business - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Just be honest. She will find out later anyway if you haven't kept up to date and she's probably used to clients not having everything organised. Im sure it wont be a problem.
Answer 2 :
Be honest. she is going to be able to tell eventually and she'll have a lot more trust for you, if she knows you were upfront. And don't be embarassed... most small businesses operate this way. We try not to!! But you know how it is, there is always something else and this just isn't a "fun" thing.
Answer 3 :
For f*cks sake you are paying her! Why should you be embarrassed? When you consider that you have to provide all the information for an accountant to use, why don't you think seriously about DIY now you have more time on your hands. You only have to look at the accountant's fees for encouragement. There is a choice of software out there to help you out. Look on the net for reviews to choose a good one.
Answer 4 :
Your worrying about it to much she or he is not going to bite your head off,just be honest and Im sure you will come out of there feeling good about yourself.
Answer 5 :
Trust me, I have an Accountant and he would see straight through me if I tried to "fudge my way through". I started as a Company Secretary a few years ago, with no experience at all. My Accountant showed me everything from scratch and now I do the wages, tax, cis tax, NI and all the book-keeping. Don't try to con your Accountant into thinking you know more than you do. Be honest, ask for her assistance and get her on-side. I honestly believe that a good, approachable Accountant is one of the best assets a small business can have.
Answer 6 :
Don't worry about it. Our accountants have clients who just hand them carrier bags full of receipts at the end of the year and says that's what's happened over the year. Those people are never embarrassed. Make a friend of the accountant and ask what's the best way that you can keep records so that they don't have to do so much for you at the year end, which should keep their fees down. I keep all our accounts on Excel spreadsheets and give that to the accountant at the year end. He's able to do everything from that once I've done a stock check and given him a list of debtors and creditors. As others have said, there's no point in fudging what you've done. You've had your reasons. Tell her you now want to be more organised, ask for her help to make her life and yours easier and you should have a good business friend. Good luck!
Read more other entries :
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