accountant breaking the law?
i know of an accountant who may be breaking the law, they are stealing customers from the firm they used to work for by sending letters out to the customers marketing her new company, how would i go about reporting this and would they listen?
Law & Legal - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
How is this illegal? The accountant is not forcing anyone to respond favorably to the letters. It is up to the customer whether he/she transfers his business or not
Answer 2 :
It is fairly common practise with the setting up of new business premises for the person concerned to approach the customers they have been working with. It is not illegal just naughty and not unheard of. Often the persons previous contract would have a distance limit on it on how far way they needed to be if they went off and started another business. Likewise unless it was set in stone on a contract they can get away with contacting previous customers they worked with. It would have to be a complex contract to be able to stop this type of activity.
Answer 3 :
Unless her previous employers contract states this practise is against their policies when quitting etc. as it could be breach of confidential data, if they find out, they may try and kick off but as others have said, it is the customers choice. Customers may not be happy to find their personal data has been stored by an ex employee, I certainly wouldn't but depends if it is protected by the Data Protection Act. http://www.ico.gov.uk/for_organisations/data_protection/the_guide.aspx
Answer 4 :
That isn't breaking any law.
Answer 5 :
You seem to be making quite a few assumptions in your question. They are probably not "stealing" anything, though if they stole a list of private client names and addresses they will have breached an implied (and probably an express) term of their old employment. But they could as easily look them up in Yellow Pages or any trade directory! The old employer might get a lawyer's letter drafted to warn them off but there's little in practice that can be done. If the old company is any good they have little to fear. I have seen some send out letters to the clients saying "Mr Smith recently left us and may seek to approach you without authority...." but this risks revealing an issue to those who never knew about it. The accountant's professional body, depending if they are Chartered, Certified or whatever may also have code of conduct covering this, so worth researching that area too. If they could potentially be struck off that would be a big disincentive.
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Saturday, May 28, 2011
Saturday, May 14, 2011
What is an accountant?
What is an accountant?
i get so confused as to what they actually do ? can anyone explain in simple terms lol and how they do it ? is it good pay ? x
Financial Services - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hello, An accountant is someone who handles people's accounts for them. There are private accountants and public accountants. Yes, they can get paid a lot of money depending on who's account they handle. I hope that we have been a big help. -Alexander R. Fitch Answering & Co.
Answer 2 :
An accountant is someone who looks after the financial affairs say for instance businesses.He/She would keep records and address such issues as tax, vat, keeping accounts of what retail the business makes or in fact any losses.. As for salary i don't have a clue but i would say they would earn a few bob.
Answer 3 :
They are number crunchers, When you have money they will tell you that you don't have any, when you don't have any they will tell you that you have some. If you are making a profit then you aren't and if your making a loss your are, so you and the rest of us particularly the government haven't got the faintest idea what is going on. Simply really!
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i get so confused as to what they actually do ? can anyone explain in simple terms lol and how they do it ? is it good pay ? x
Financial Services - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hello, An accountant is someone who handles people's accounts for them. There are private accountants and public accountants. Yes, they can get paid a lot of money depending on who's account they handle. I hope that we have been a big help. -Alexander R. Fitch Answering & Co.
Answer 2 :
An accountant is someone who looks after the financial affairs say for instance businesses.He/She would keep records and address such issues as tax, vat, keeping accounts of what retail the business makes or in fact any losses.. As for salary i don't have a clue but i would say they would earn a few bob.
Answer 3 :
They are number crunchers, When you have money they will tell you that you don't have any, when you don't have any they will tell you that you have some. If you are making a profit then you aren't and if your making a loss your are, so you and the rest of us particularly the government haven't got the faintest idea what is going on. Simply really!
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Saturday, May 7, 2011
what the best route to becoming an accountant with only gcse's, over 25, living in london, pls help.?
what the best route to becoming an accountant with only gcse's, over 25, living in london, pls help.?
I'm really keen to get into this career path after looking after my children but don't know where to start, acca, aat, etc
Other - Education - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
GCSEs aren't going to cut it. Get the relevant quals!
Answer 2 :
I know an accountant....they get paid a lot!!! However, GCSEs aren't gonna get you there! A level maths is advisable and A degree in necessary, check if Open University have any info. WHish you the best and hope you get the job!
Answer 3 :
Why not contact your local Adult education collage and see what they can offer I took GCSE Physiology last year and the tutors other (main subject ) was accountancy . There are advisers who can guide you in the courses you will need to take. we are fortunate that our technical college was given university status a few years ago so you can go from resitting GCSEs to a degree in the one college..Have you spoken to your job centre if you want to return to work after having your family they may have extra ways to help you.
Answer 4 :
-Hi, I'm also studying to be an accountant at 18 with only GCSE grades. -I've just applied for an accounting apprenticeship, which do not require previous experience of the subject. -They usually look for GCSE grades of C and above. -The one i have applied for is at the council in Brighton and they only accept ages 16-24 but its probably different in London. -If I get accepted I will be studying the AAT foundation certificate in a year (NVQ2), and then next year I will be studying the intermediate certificate (NVQ3). -To apply for an apprenticeship, you have to look for an employer that will take you on this course and as you gain work experience you will also receive either a fixed monthly salary or a minimum wage. -Try not to be put off if you find apprenticeships where the application requires AS/A2 grades or UCAS points because there are other courses that are set up especially for school leavers with only GCSE grades. Took me a while to find it! -An alternative is to study the AAT payroll administration part-time at college. The courses and qualification of AAT are the same of the apprenticeship that I just mentioned. The only difference is that you do not receive a wage, and you probably gain less experience as you are not in the actual work place of the accountancy. This is my back up plan if i don't get accepted for the finance apprentice. -Also if you decide to go to college to study A2/A2 accounting, there will be exemption on the examination for the AAT qualification. But it could take you longer. -My third back up plan is to study Maths, Accounting and a diploma for the Financial Studies certificate in college, which will take 2 years, and then i will go into uni and study accounting in further education. Hope this helps and good luck!
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I'm really keen to get into this career path after looking after my children but don't know where to start, acca, aat, etc
Other - Education - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
GCSEs aren't going to cut it. Get the relevant quals!
Answer 2 :
I know an accountant....they get paid a lot!!! However, GCSEs aren't gonna get you there! A level maths is advisable and A degree in necessary, check if Open University have any info. WHish you the best and hope you get the job!
Answer 3 :
Why not contact your local Adult education collage and see what they can offer I took GCSE Physiology last year and the tutors other (main subject ) was accountancy . There are advisers who can guide you in the courses you will need to take. we are fortunate that our technical college was given university status a few years ago so you can go from resitting GCSEs to a degree in the one college..Have you spoken to your job centre if you want to return to work after having your family they may have extra ways to help you.
Answer 4 :
-Hi, I'm also studying to be an accountant at 18 with only GCSE grades. -I've just applied for an accounting apprenticeship, which do not require previous experience of the subject. -They usually look for GCSE grades of C and above. -The one i have applied for is at the council in Brighton and they only accept ages 16-24 but its probably different in London. -If I get accepted I will be studying the AAT foundation certificate in a year (NVQ2), and then next year I will be studying the intermediate certificate (NVQ3). -To apply for an apprenticeship, you have to look for an employer that will take you on this course and as you gain work experience you will also receive either a fixed monthly salary or a minimum wage. -Try not to be put off if you find apprenticeships where the application requires AS/A2 grades or UCAS points because there are other courses that are set up especially for school leavers with only GCSE grades. Took me a while to find it! -An alternative is to study the AAT payroll administration part-time at college. The courses and qualification of AAT are the same of the apprenticeship that I just mentioned. The only difference is that you do not receive a wage, and you probably gain less experience as you are not in the actual work place of the accountancy. This is my back up plan if i don't get accepted for the finance apprentice. -Also if you decide to go to college to study A2/A2 accounting, there will be exemption on the examination for the AAT qualification. But it could take you longer. -My third back up plan is to study Maths, Accounting and a diploma for the Financial Studies certificate in college, which will take 2 years, and then i will go into uni and study accounting in further education. Hope this helps and good luck!
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Sunday, May 1, 2011
How long does it take accountants to earn top money?
How long does it take accountants to earn top money?
Do they have to have a lot of experience to start earning around 50-60 grand a year?
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
That would depend upon how good they are, but in any case, 50 grand a year is not "top money"
Answer 2 :
The typical salary range for an accountant with 20 or more years of experience is $40,000-$56,000. In other words you may end up making more than $50,000 after 20 years of experience, but even with that experience your more likely to end up making less than $50,000.
Answer 3 :
Those who earn 50-60 grand per year are the one's who have gone to a good school and are working for a large/midtier firm, if not one of the Big 4.
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Do they have to have a lot of experience to start earning around 50-60 grand a year?
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
That would depend upon how good they are, but in any case, 50 grand a year is not "top money"
Answer 2 :
The typical salary range for an accountant with 20 or more years of experience is $40,000-$56,000. In other words you may end up making more than $50,000 after 20 years of experience, but even with that experience your more likely to end up making less than $50,000.
Answer 3 :
Those who earn 50-60 grand per year are the one's who have gone to a good school and are working for a large/midtier firm, if not one of the Big 4.
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