Saturday, May 28, 2011

pissed off accountant?

pissed off accountant?
i have worked in accountancy practice for 8 years and have gained AAT and 75% of ACCA during this time on top of A levels. I started on £80 a week and while my mates were earning much more doing manual jobs I kept telling myself that one day I would be earning a fortune. this however seems to be untrue as all this experience later I am still on crap pay and at 26 am still working my nuts off to pass exams when most people i know stopped doing exams when they were 16! job searches for people like me reveal that pay elsewhere isnt much better and qualified accountants dont earn megabucks. if i could go back i never would have become an accountant knowing what i do now. just wondering if any other "student" accountants feel like this?
United Kingdom - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Oh yes, I quitted accountancy about three years ago.Payment was s**t .Now I have another job which has nothing to do with it,and earn more money,have less problems and don´t need to study anymore.Up to you!
Answer 2 :
Good evening, firstly there is no need to swear really, a proffessional accountant wouldnt be. From what I know about this occupation it does earn high income, however it does depend on what type you are. Chartered tend to earn more, people are seeking for people who can use Sage and the other leading finance systems. You should contact some local accountacy firms and ask about any vacancies available, and more importantly the salaries. Then, Step 2, if you get a higher wage, tell your current employer and they should either offer to pay the same, or more. It is a good idea to not concentrate on one or two particular companies, but to actually try up to five.
Answer 3 :
Until i became a parent I worked 12 years in accountancy...unqaulified....and i was paid loads. Reason for the good pay was (i think)because i managed to get into a local private practice....is that something you should consider?
Answer 4 :
An accountancy qualification and relevant experience can be a passport to higher jobs. For example you could eventually become the chief finance officer of a major corporation, then you would be earning megabucks. I once knew a young accountant who had worked for the civil service. He joined a small company as an accountant and soon became its finance director. He then left to become the managing director of a larger company. A very ambitious young man who knew what he wanted and went after it.

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Saturday, May 14, 2011

Accountant Vs Financial Advisor?

Accountant Vs Financial Advisor?
Well I was wondering which is a better career to pursue and why? Are these careers fun? Compare the salaries? please help :)
Financial Services - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Financial ad visor more money allot more stress. It is also a mans industry but very slowly changing. Accountant good money less stress 8 months of the yr I say accountant
Answer 2 :
Accountant. Because you can be a Financial Advisor anyway if you're a qualified accountant. Define fun. Unless you like numbers, neither of them are exactly fun.
Answer 3 :
I'm a chartered accountant. It's not fun, but it's a "meal ticket for life" - that's what a tutor told us when we were working towards the qualification.
Answer 4 :
The role of the Accountant is to maintain the transaction connected with income and expenditure, assets and liabilities. Whereas the Financial Advisor takes care of the financial budget of the various sections of the organization and periodically monitoring the same for the adverse and favorable financial position. Both are important for the organization. Selecting the career depends on qualification and experience.
Answer 5 :
Im an accountant. The aat qualification isnt fun learning, but is very worthwhile.. Three years of very hard graft though. Good luck whichever you choose :)

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Saturday, May 7, 2011

What is the hourly rate for professionals?

What is the hourly rate for professionals?
What is the daily or hourly rate of doctors, engineer, accountants, lawyers, pharmacists, other unknown professionals? Before tax! This got to be real & not heard about! Please list rate & profession. It can be any part of the world!
Careers & Employment - 12 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I don't think they get an hourly rate in general, but an annual salary. It's different for each discipline of each profession and also depends on where you are working.
Answer 2 :
That would depend on the profession and the level at which you are at! You will be making a bloody long list there! Plus, most work within salary brackets rather than an hourly rate as they don't tend to clock in and out like manual workers.
Answer 3 :
GPs in Scotland earn anywhere between £30 to £75 an hour, depending on practice and hours worked. Some earn a bit more. According to the latest survey by the RIBA, architects with 6 years post-qualification experience on average earn £18 an hour. Measely. Think about it; 18 quid after 7 years training and 6 years professional experience. But this is assuming an average 8 hour day. Architects hardly ever work less than 10 hour days so it's reality even worse. Also, this depends on location. London offers the best pay, and Scotland in general the worst. Edinburgh's the worst of both worlds with Scotland level pay at one of the most expensive cities to live in in the UK.
Answer 4 :
iam a builder iam on £10.50 hour when i was a landscaper it was £7.80 hour my misses is a home carer for the elderly she £6.50 plus mileage a hour i hope this helps abit
Answer 5 :
It's not quite what you're after, but a RAF aircraft engineer earns varying ammounts, but after 3 years, you're on about 21 grand a year, and after about 5, you're on 22 1/2 grand a year, as a professional Aircraft Technician. You get paid by the day, I'm currently on about £60 odd a day, but that is 365 days a year, regardless of what you're doing.
Answer 6 :
you can find average base earnings and bonuses for almost all professions at http://www.salary.com/ you can search by city / region and job title.
Answer 7 :
Daily rate for consultants is £300 to £1000+. Of course it depends on experience level, the role and the job time-frame.
Answer 8 :
I'm a qualified accountant and I charge between £15 and £20 an hour for book-keeping work and £45 upwards an hour for consultancy work.
Answer 9 :
As most have already mentioned, professionals get an annual salary instead of hourly rate. However, if you assume 50 work weeks and 40 hr/week then here are some values: Management Consultant (6 yrs experienced): $45/hour Engineer (6 yrs experience): $40/hour Software Developer (6 yrs exp): $40/hour This is based on a salaried full time employee with tons of other benefits like life insurance/ health / accident Or dismemberment insurance/ vision / 401k etc. IF you are a professional that's doing contract jobs where you just get pure hourly rate and no benefits then these numbers would be much higher: Consulting could be $80 to $250 depending on how good you are and rare your skills are. Same for engineers or software developers who are just doing contract work theirs would be much higher than full time employees. Around $60 to $80 an hour. *all are in USD
Answer 10 :
I run a communications company and we pay our freelance designers and writers £15 an hour. Pharmacists get at least £25 an hour (my sister in law used to locum as a pharma). Lawyers get anything up to £250 per hour.
Answer 11 :
It differs from one profession to the other, then also differs from one country to the other, and lastly also differs from one industry to another. In South Africa for example on of the highest paid professions is a Chartered Accountant. I pay the CA that does the books of the body corporate (co-op) where I stay ZAR 350 per hour. A CA dealing with some banking issues can charge up to ZAR 3500, and CA's dealing with international transactions will charge international rates.
Answer 12 :
why??

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Sunday, May 1, 2011

What do i need to do to be able to move abroad?

What do i need to do to be able to move abroad?
When I am older I want to move to somewhere like Australia, America or Canada. Is it my qualifications that affect whether I will be able to, like my GCSEs and A-Levels, or is it my job that is the deciding factor??????? What sort of job would I need if so, is an accountant good enough?????
Other - Europe - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
A lot of these countries tend to want people with certain skills, maybe accountancy is one of them? I'm unsure. Normally there is also a need to get a job offer.

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Thursday, April 28, 2011

Accountancy and bookkeeping, what qualifications are needed to become self employed?

Accountancy and bookkeeping, what qualifications are needed to become self employed?
I am thinking about doing an accountancy and bookkeeping course, but i'm not sure which one, there are courses that offer diplomas and there are courses that offer certificates. Which one would be beneficial for me to become self employed or to work as an accountant within a company? Thanks in advance for any replies
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I did an 2 year business and finance diploma. If I stopped after one year I'd have a certificate, but I completed the whole course and got the diploma. This allowed me to get some exemptions from the professional exams I am currently undertaking - which is CIMA, certified management accountant. There is a huge difference between all levels. Do you want to become a self employed accountant? if so you be better off going for the full qualification. Try ACCA , CIMA, or ACA. This will also assist you if you want to be an accountant within a company. if, however, you want to be an accounts assistant then go for the accounting technician course. Its a struggle, for me anyway.
Answer 2 :
The choices are to go for ACA and ACCA that focusses on financial accountancy. CIMA is specialised in management accountancy which is focussed on working the company. To be a self employed person, you should either go for ACA or ACCA qualification.

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Thursday, April 14, 2011

i want to work as an financial adviser in London what should i do?

i want to work as an financial adviser in London what should i do?
im working as an accountant in dubai but want to change my career as financial adviser in london what should i do? how should i start? is there any education that i should i have. i have a degree in business administration? please people help me and advice me what should i do?
Investing - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you can't Google and find the basic information for yourself, it's a bit worrying. Financial advisers need to be very on the ball and capable of finding out facts...

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Thursday, April 7, 2011

I need a stock trading book that explains how to stock market works when to buy and sell?

I need a stock trading book that explains how to stock market works when to buy and sell?
Im very new to it i understand all that common person would i'd rather be a Bull or Bear but not a Pig I am a training accountant so i will catch on fast so please a good book or study book but not any get rich quick books. Save it for the Pigs Thanks. Taqui
Investing - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
library
Answer 2 :
The Motley Fool UK Investment Guide very funny and not expensive.
Answer 3 :
90% of all novices either lose some or all of their money.Steer clear,it's corrupt and only insiders make real money.It's highly addictive,and could be the start of a very long dark tunnel in your life
Answer 4 :
How & When to Invest in the Stock Market: Winning Market Trading Strategies Stock Market Game: A Simulation of Stock Market Trading Go to: http://www.marketthoughts.com/stock_book.html **There is a great list of books that you will find very interesting & informative...
Answer 5 :
I recommend you: "The Neatest Little Guide to Stock Market Investing" by Jason Kelly. It covers everything in a basic level but everything, so whatever you like you just have to read more about it.
Answer 6 :
Train to become a qualified accountant. The best place to get experience in the stock market is to be a seasons trader. Some says you need to lose some in order to gain some more. There are many good books to read but remember what I had said.
Answer 7 :
The Share Centre produce a number of free guides: http://www.share.com/webp/freeguides.htm
Answer 8 :
When asking Western school children about the significance of Waterloo, the answer will be something along the lines of ‘the decisive battle between Napoleon and an English lead European coalition’. In fact, the future of the European continent was perceived to depend upon the battle of Waterloo. If Napoleon won, France would have been confirmed as the undisputed master of Europe. If Napoleon was beaten, England would have become the leading power in Europe and greatly expand its sphere of influence. What Western school children are not taught - for obvious reasons - is the much bigger story behind the official narrative, the story of one of the biggest frauds in human history. Nathan Rothschild, the head of the English branch of the Rothschild crime family, took advantage of his advance knowledge of the outcome of the battle by tricking the London Stock Exchange into believing that Napoleon had won. The resulting crash of the Exchange enabled Nathan Rothschild’s agents to buy the entire London stock market for a Penny in the Pound and seize control of the Bank of England. This shameless fraud was ruthlessly repeated in 1929. The private owners of the U.S. Federal Reserve, Rothschild subsidiaries J.P. Morgan, City Bank and Chase Manhattan Bank were awash with money earned by financing World War I. Using their market power, Rothschild’s agents first engineered an artificial boom in the stock market, tricking smaller banks and private investors into putting huge amounts of money into the stock market and then deliberately crashed it, enabling the Rothschild agents to buy most of the U.S. stock market. The ripple effect of the New York crash also enabled Rothschild agents in other countries, such as Germany, to buy local corporations at a fraction of their actual value. Eighty years later, it looks like our ruling psychopaths are at it again. They are systematically destroying trust in the U.S. dollar, causing holders of large amounts of green bags to sell them. At the same time, the Rothschild’s are preventing the European Central Bank from printing sufficient Euros for U.S. Dollar owners to exchange all of their holdings into Euros. That way Dollar owners are forced to buy gold instead, causing the gold price to explode. Simultaneously, the Rothschild’s are using their influence on the media sector to spread rumours of an imminent crash of the U.S. Dollar and international stock markets. As per usual, in the day and age of infowar, those rumours first started in the alternative Internet based media, only to spread into the mainstream business media. Last week’s ‘global stock and credit market warning’ of the Rothschild owned Royal Bank of Scotland means that the next Waterloo must be imminent. All it takes is a trigger such as a thwarted Israeli attack on Iran or the blocking of the Persian Gulf for oil transports, followed by a major stock sell-off by Rothschild agents. Once the world’s stock and credit markets have completely crashed, the price of an ounce of gold will be in the thousands, enabling the Rothschild’s and other owners of large gold holdings to buy the market for a fraction of their true value. Most of the population are not aware of the Federal Reserve Scams. Do you know who owns the Federal Reserve Bank? Private business men who include the Morgan’s, Rothschild’s and the Rockefeller family. What they do is print money out of thin air, as much as they like and it’s not regulated!!! They lend money to the government in large interest rates so that the Government is in debt to them. So they control the world economy. How does the Government pay of their debt to the Federal Bank, they don't WE do, in the form of Income Tax from our wages. In 1913 (as well as funding Hitler, Bushes grandfather was included in the funding) these private business men convinced congress that the public should pay Income tax and Congress did what they were told. There is NO law written down anywhere that states that we have to pay Income tax...it’s a fraud. Not one cent or penny of peoples Income Tax payments goes to the government. It ALL goes directly into the private bankers pockets of the Federal Bank and the bank of England, Don't believe me get the DVD documentary by Aaron Russo called Freedom to Fascism'. They decide what you read and watch. If you get your information and knowledge from the T.V. and papers then you will be brainwashed. Rupert Murdoch owns 160 newspapers, many tv channels including sky and all news programmes, (they are not called PROGRAMMES for nothing) he also own a Hollywood studio. George Orwell used to work for the BBC, where do you think he got his ideas for 1984? Don't buy newspapers and switch the tv off! Research your own information on the web.

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