what does it take to be an accountant?
im not expecting to be an accountant in the next few years, afetrall im only 16 :P but everyone tells me with my "incredible" speed in mathematics and overall maths knowledge that i really should consider this career, but to be honest, i don't know myself what it takes anyone give me an example of what an accountant would do? i'm going to do some work experience soon in this area but it would be ncie to know what i'm in for whether it's a long complicated puzzle or something simple, any examples of an accountant's tasks everyday would be great:)
Personal Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Patience and good mathematical skills
Answer 2 :
An incredibly high threshold for mind numbing boredom, and/or an extremely dull personality.
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Saturday, January 28, 2012
Saturday, January 14, 2012
Would you pay for a bookkeeper to do work instead of doing it yourself?
Would you pay for a bookkeeper to do work instead of doing it yourself?
I am a part qualified accountant and was thinking of setting up to do some private bookkeeping myself. If you have a small business would you be willing to pay someone for this service rather than do it yourself?
Small Business - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
yes noway would i try doing it myself going to need one soon
Answer 2 :
Yeh I'm lazy
Answer 3 :
If you are part qualified you should be aware of your Institute's guidelines on setting up and operating your own practice. There are many complicated regulations to be followed, and for most people this compliance is enough to dissuade them from setting up in the first place. If you don't follow them, there are disciplinary proceedings which could lead to you being barred from accountancy work full stop.
Answer 4 :
part qualified accountant ????? Stay in school, Get your CPA certs. You having some accounting skills should know there is a big difference in a bookkeeper and an accountant.
Answer 5 :
I am also P.Q & QBE. AAT, I know people who do this, mostly through work of mouth but I am sure with the correct advert, no problem.
Answer 6 :
If you can spend the time spent on bookkeeping more profitably in your business then yes. I do my accounts on a spreadsheet at the ned of each quarter (VAT) and usually find it quite restful. But then I still pay my accountant £400-£500 a year.
Answer 7 :
Many people outsource their bookkeeping.
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I am a part qualified accountant and was thinking of setting up to do some private bookkeeping myself. If you have a small business would you be willing to pay someone for this service rather than do it yourself?
Small Business - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
yes noway would i try doing it myself going to need one soon
Answer 2 :
Yeh I'm lazy
Answer 3 :
If you are part qualified you should be aware of your Institute's guidelines on setting up and operating your own practice. There are many complicated regulations to be followed, and for most people this compliance is enough to dissuade them from setting up in the first place. If you don't follow them, there are disciplinary proceedings which could lead to you being barred from accountancy work full stop.
Answer 4 :
part qualified accountant ????? Stay in school, Get your CPA certs. You having some accounting skills should know there is a big difference in a bookkeeper and an accountant.
Answer 5 :
I am also P.Q & QBE. AAT, I know people who do this, mostly through work of mouth but I am sure with the correct advert, no problem.
Answer 6 :
If you can spend the time spent on bookkeeping more profitably in your business then yes. I do my accounts on a spreadsheet at the ned of each quarter (VAT) and usually find it quite restful. But then I still pay my accountant £400-£500 a year.
Answer 7 :
Many people outsource their bookkeeping.
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Saturday, January 7, 2012
What does doing the accounts for a firm exactly mean?
What does doing the accounts for a firm exactly mean?
If somebody has got for example a small company like selling yoga clothing and they are looking for a bookkeeper/accountant what exactly will the expect them do to? What is the procedure of doing the accounts?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The person with the small company would need to keep receipts of expenditures and also keep track of sales and pass all this information on to the bookkeeper. The bookkeeper / accountant will then have to process this information and calculate the profit and loss balance. They will also present these results to the tax office to register the books and also calculate what tax you have to pay or receive and also claim this or instruct you to pay it.
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If somebody has got for example a small company like selling yoga clothing and they are looking for a bookkeeper/accountant what exactly will the expect them do to? What is the procedure of doing the accounts?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The person with the small company would need to keep receipts of expenditures and also keep track of sales and pass all this information on to the bookkeeper. The bookkeeper / accountant will then have to process this information and calculate the profit and loss balance. They will also present these results to the tax office to register the books and also calculate what tax you have to pay or receive and also claim this or instruct you to pay it.
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Sunday, January 1, 2012
Does anyone know of a really good introduction to Accountancy text book?
Does anyone know of a really good introduction to Accountancy text book?
I'm about to start training as an accountant, and was wondering if anyone currently training could recommend any good introductions to the subject?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
FTC Kaplan AAT books (especially units 1, 2 and 3)
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I'm about to start training as an accountant, and was wondering if anyone currently training could recommend any good introductions to the subject?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
FTC Kaplan AAT books (especially units 1, 2 and 3)
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