Is DCS@accountant a legitimate business?
Is this a scam or a legitimate business located in Hargoot, U.K.
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
NO real business uses a free @accountant.com email - these are almost always used by scammers to sound "official" just like @lawyer.com, @consultant.com, @financier.com, @engineer.com Besides there is no city called Hargoot in the UK so it can't exist
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Monday, February 14, 2011
Monday, February 7, 2011
Which exams are more difficult? ACA (Chartered Accountant) or medicine (Medical Doctor)?
Which exams are more difficult? ACA (Chartered Accountant) or medicine (Medical Doctor)?
I've heard people say that the ACA exams are the most difficult exams to pass and that they are more difficult than medical school. Does anyone have any idea if this is correct? CPA in the US.....this ACA qualification is known as CPA in the US and CA in Canada
Other - Education - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I have never heard of the ACA exam but I guess it depends on the individual. In United States people can major in anything in University for undergraduate to become a doctor they just need to take 1 year of physics, organic chemistry, and chemistry. I decided to double major in Biochemistry and mathematics and found the MCAT (medical school) exam wasn't too difficult just extremely long but then again my majors were brutal and prepared me extremely well for the medical school entrance exam.
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I've heard people say that the ACA exams are the most difficult exams to pass and that they are more difficult than medical school. Does anyone have any idea if this is correct? CPA in the US.....this ACA qualification is known as CPA in the US and CA in Canada
Other - Education - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I have never heard of the ACA exam but I guess it depends on the individual. In United States people can major in anything in University for undergraduate to become a doctor they just need to take 1 year of physics, organic chemistry, and chemistry. I decided to double major in Biochemistry and mathematics and found the MCAT (medical school) exam wasn't too difficult just extremely long but then again my majors were brutal and prepared me extremely well for the medical school entrance exam.
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Tuesday, February 1, 2011
Finance apprenticeship/accountant/ advisor etc?
Finance apprenticeship/accountant/ advisor etc?
am still unsure of what i want to do after i leave school, but am sure that i want to do an apprenticeship, something to do with finance. I was thinking of accountacy, but now i have realised there are more thinga that i may want to do, like a financial advisor but am not sure if you can do an apprenticeship on that :/ any help? what other jobs in finance are there, that i could do an apprenticeship on? Your answers would be a great help! Thanks x
Other - Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hi, I am happy that you decided to go the finance route. What you would need to do is first go to college or University and study some finance related courses,It usually happens that some of the units have nothing to do with what you want to do but they come in handy. Thereafter you apply to numerous companies either during your studies or after. I would advice you to volunteer while you study for experience. You could become a payroll/financial administrator, Financial Advisor, look up finance on any search site and good luck
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am still unsure of what i want to do after i leave school, but am sure that i want to do an apprenticeship, something to do with finance. I was thinking of accountacy, but now i have realised there are more thinga that i may want to do, like a financial advisor but am not sure if you can do an apprenticeship on that :/ any help? what other jobs in finance are there, that i could do an apprenticeship on? Your answers would be a great help! Thanks x
Other - Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hi, I am happy that you decided to go the finance route. What you would need to do is first go to college or University and study some finance related courses,It usually happens that some of the units have nothing to do with what you want to do but they come in handy. Thereafter you apply to numerous companies either during your studies or after. I would advice you to volunteer while you study for experience. You could become a payroll/financial administrator, Financial Advisor, look up finance on any search site and good luck
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Friday, January 28, 2011
my accountant says that dividends should be shown as 90% of what is actually paid on P&L for compianes house?
my accountant says that dividends should be shown as 90% of what is actually paid on P&L for compianes house?
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
okay
Answer 2 :
Michael, the answer is the same as when you asked this question before. Your accountant is wrong or you have misunderstood his advice. The correct accounting treatment is that dividends in the P&L are the same as the dividends actually paid. Tax treatment would be a different question with a more complicated answer.
Answer 3 :
The only reason for doing so is either :- 1) To evade Tax 2) To cover up Fraud elsewhere in the cash flow
Answer 4 :
The reason behind this is because a 10% tax credit is applied to the dividend, so if you have drawn £10k as a dividend the amount that goes on your Individual Self Assessment is 1/9 x £10k (=£11,111). The company would show £10k in its accounts.
Answer 5 :
I'm with JC on this. The answers to the previous question more than covered the matter.
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United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
okay
Answer 2 :
Michael, the answer is the same as when you asked this question before. Your accountant is wrong or you have misunderstood his advice. The correct accounting treatment is that dividends in the P&L are the same as the dividends actually paid. Tax treatment would be a different question with a more complicated answer.
Answer 3 :
The only reason for doing so is either :- 1) To evade Tax 2) To cover up Fraud elsewhere in the cash flow
Answer 4 :
The reason behind this is because a 10% tax credit is applied to the dividend, so if you have drawn £10k as a dividend the amount that goes on your Individual Self Assessment is 1/9 x £10k (=£11,111). The company would show £10k in its accounts.
Answer 5 :
I'm with JC on this. The answers to the previous question more than covered the matter.
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Friday, January 14, 2011
WHAT IS THE ROLE OF AN ACCOUNTANT?
WHAT IS THE ROLE OF AN ACCOUNTANT?
WHERE COULD YOU GET A JOB
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
All businesses must have Bookkeepers who keep all the financial records, then usually they send reports to the Accountant to do the taxes. Some people use an accountant for all of it, but it costs more.
Answer 2 :
to manage accounts. to prepare accounts. to explain accounts. to check accounts via audit. You will have to undergo a long training and then you can, on graduating, specialise. You will have to have an interest in Law too as money-laundering - theft etc is part of it all. If you have good grades, especially in English and Mathematics you should get indentured to a Firm or go to Uni.
Answer 3 :
Adding up other peoples money mainly
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WHERE COULD YOU GET A JOB
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
All businesses must have Bookkeepers who keep all the financial records, then usually they send reports to the Accountant to do the taxes. Some people use an accountant for all of it, but it costs more.
Answer 2 :
to manage accounts. to prepare accounts. to explain accounts. to check accounts via audit. You will have to undergo a long training and then you can, on graduating, specialise. You will have to have an interest in Law too as money-laundering - theft etc is part of it all. If you have good grades, especially in English and Mathematics you should get indentured to a Firm or go to Uni.
Answer 3 :
Adding up other peoples money mainly
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Friday, January 7, 2011
Is Maths harder in ACCA or CIMA training programme?
Is Maths harder in ACCA or CIMA training programme?
I am not that great at Maths plus the last time I studied it was about 15 years ago. I would like to retrain to become an accountant. Which accounting body needs more mathematical knowledge to complete their accounting programme? Do CIMA qualified accountants working in companies deal with more complex maths or the ACCA qualified, the ones that work in practice?
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
CIMA harder.
Answer 2 :
Both use Maths equally although you have to bear in mind it's not really like the maths you did at school - no geometry etc. It's more straightforward so as long as you have a good grasp of figures in general you should be fine.
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I am not that great at Maths plus the last time I studied it was about 15 years ago. I would like to retrain to become an accountant. Which accounting body needs more mathematical knowledge to complete their accounting programme? Do CIMA qualified accountants working in companies deal with more complex maths or the ACCA qualified, the ones that work in practice?
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
CIMA harder.
Answer 2 :
Both use Maths equally although you have to bear in mind it's not really like the maths you did at school - no geometry etc. It's more straightforward so as long as you have a good grasp of figures in general you should be fine.
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Saturday, January 1, 2011
What percentage are liquidators looking for?
What percentage are liquidators looking for?
I need to put in a firm offer against some IT hardware that a company spent £60k on. They folded, and their accountants are selling off assets. Does anybody have experience of what returns they would accept? Would an offer of 10% be accepted? They won't tell me any guide-pricing, and have asked for an offer. Sorry, I should clarify that they havent said its worth £60k, that's a rough figure I arrived at based on what they are looking to sell off.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They want as much as they can get. You could try offering 10%. If they tell you to get stuffed, you can always try another offer.
Answer 2 :
liquidators are empowered to sell for the maximum they can get for the property and if no other offers are on the table then your offer will be accepted i work for a furniture company and we had 3pce suites retailing at 1000 to 3000 pounds and we were told to sell at whatever we could get i sold a 3000 suite for 600 pounds and had no problem so make an offer you never know you may be lucky.
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I need to put in a firm offer against some IT hardware that a company spent £60k on. They folded, and their accountants are selling off assets. Does anybody have experience of what returns they would accept? Would an offer of 10% be accepted? They won't tell me any guide-pricing, and have asked for an offer. Sorry, I should clarify that they havent said its worth £60k, that's a rough figure I arrived at based on what they are looking to sell off.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They want as much as they can get. You could try offering 10%. If they tell you to get stuffed, you can always try another offer.
Answer 2 :
liquidators are empowered to sell for the maximum they can get for the property and if no other offers are on the table then your offer will be accepted i work for a furniture company and we had 3pce suites retailing at 1000 to 3000 pounds and we were told to sell at whatever we could get i sold a 3000 suite for 600 pounds and had no problem so make an offer you never know you may be lucky.
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