Monday, January 28, 2013

How much is the demand for accountants in UK in comparison of uni graduates?

How much is the demand for accountants in UK in comparison of uni graduates?
im having second thoughts about applying accountancy in uni because of the recessions and staff did the recession affect the demands for accountancy?
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There is a ridiculously high demand for accountants in the U.K. because of U.K. law. Half the accountants are recruited from unrelated degree courses, such is the demand. Even if you don't become an account the are plenty of related jobs in every sector. A recession probably increases the demand because their are more assessments and reviews going on than when conditions are stable.
Answer 2 :
I study Quantity Severing and my course is Cost Management. What you mean with your questions? i need to take 50% only to pass the lecture. Thanks...

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Monday, January 14, 2013

Open learning Accountant?

Open learning Accountant?
Thinking of taking an open learning course as an initial stage to becoming an accountant. Once qualified trying for an entry level job and doing the ACCA or similar. Has any one any taken a course? Is it a good starting point? Been looking at the OU and ICS. Any advice would be great thanks. Thanks Storm Rider and im an old man of 27
Financial Services - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It is a good option. You don't say how old you are but if you are in your 20s or younger go for a clerical or trainee place in a small / medium size accountant's office and they will probably pay for you to do day release for AAT or ATT. Then you can go on to do ACCA or whatever. Open learning is a very big commitment.
Answer 2 :
Hi, i'm currently studying towards computerised accounts level 2 (got my level 1) and then level 3. This is working on Sage line 50 which employers see as valuable, it's an evening class so i can do it after work. I'm also studying towards the CIMA Certificate in Business Accounting - with the CIMA courses, after 3 and a half years or so you become and qualified chartered management accountant - this is good if you want to be more on the managerial side of accounting. This is a once a week class but you can also do it long distance learning. I'm finding the course really enjoyable because you study Management Accounting, Financial Accounting, Business Maths, Economics and Law. Anyway a good starting point would be to get an apprenticeship on the AAT course for two years - you'll be well away with the grounding that course gives you. Or if not try the CIMA or ACCA courses (these can be expensive if you take these as long distance courses though)
Answer 3 :
If you have a degree even an unrelated one you may get access directly onto ACCA or CIMA with exceptions. Without this dependant on qualifications you can do a CIMA certificate which takes you directly onto their chartered qualification. AAT is good although it would take you longer to do that for access to charter than to sit the certificate level especially part time. I would stay away from Sage courses unless you plan to go into small businesses or practise as most larger companies will have Sun, Oracle or a privately written package it is only usually desirable in the smaller companies plus these are focused on their software whereas you are better getting a wider knowledge if you sit AAT there used to be a small module on it which is more than enough but not sure if that's still the case. As for work experience if you go to a practise expect dire pay until you are qualified but then you can become a partner to take the industry route you will get better pay while you study and I feel more options at the end as you can then move between industries. Depends really on whether your interest lies with financial/tax/audit or more management/reporting. Good Luck

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Monday, January 7, 2013

Best way to buy garage bordering my property?

Best way to buy garage bordering my property?
First planning-wise/legally, how easy is it to take a concrete garage wall with a window facing into my garden, and convert it into a door so I have immediate access? I don't live in a conservation area. Any ideas about price - the window is there, but it would be knocked out of course; the whole it would leave cut out of the concrete is about 3 feet by 2 and would need to be extended to 6 feet by 3. The final question is more intricate. The owner of the garage has told me he's going to ask his accountant about the garage: its price and the best method of selling it namely. So far, I'm the only person who has lodged an interest (as I contacted him directly). I really don't want it to go to public bidding, as there's a reasonable chance that a Mr Megabucks from across town will fancy it for his yacht. How do I go about securing it? As his accountant is involved, is it unlikely that I can offer him £20k in a briefcase for it?! Also, once I know the market price, what should I offer?
Renting & Real Estate - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Steve, right now there are not too many homeowners doing improvements on the home due to the high rate market we are in. So keep that in mind when getting quotes. Contractors are generally Self Employed and do NOT make money unless they have jobs. With the economy and cost of living at its current state, I am sure as long as you shop, you can get a great quote. Just make sure they know you are getting quotes...dont forget to check licensing via www.boa.gov
Answer 2 :
Firstly you need to get a surveyor to check it out and make sure it is worth spending your hard earned dosh on! Then you need to have a solicitor draft a letter of interest in the property. That way you have your foot in the door. Then, you need to go to the council planning offices and enquire about planning permission for this property, has someone ever put plans in in the past to do what you are wanting to do? You will also need to retain the services of an architect to draw up plans for you to submit to the council. It's a bit daunting I know, but there are lots of websites that will help you, and your local library is a goldmine of information!
Answer 3 :
Steve, I'll take your questions in reverse order. 1. Heaven knows why he thinks his accountant will know how much he should ask for his garage. He would do better to ask an estate agent/valuer who knows how much a garage is worth in your neck of the woods (a fortune if you are in SW1 or some other crowded urban/suburban area where parking is at a premium, but otherwise not much more than the value of the land it stands on, if it's just a sectional concrete building). You would do well to take such advice yourself, so you don't offer too much. Sit tight and see what happens - he wants to be sure that he doesn't sell too cheaply, and you will just have to wait until he has reassured himself. If next door is his "only or main residence" and he hasn't got a huge garden, he won't have any tax problems - the only applicable tax is Capital Gains Tax, and that doesn't apply to a person's only or main residence or bits of its grounds/outbuildings, unless the grounds are more than an acre or so. So, no point in the suitcase full of cash. Don't worry about yachts, either - a boat would have to be wheeled in on a trailer, and most garages, even if long enough, don't have the internal or doorway height which a boat on a trailer needs. Your only competition will be from other nearby residents who need somewhere to park a car, so it will be a level playing field. 2. If the garage is detached, it will count as a garden buiding and will probably be exempt from local council control. Check with the Building Inspector by all means, but he will probably tell you that putting a courtesy door to open on your garden doesn't involve building control. As to practicalities, it's easy with a sectional garage - I have done the same myself. Bash out the concrete panel(s) between two of the uprights, and fit an external door. It's a handyman job, rather than one for a builder. The hardest bit - and it isn't very hard - is attaching a doorframe to carry the hinges on one side and the lockplate on the other. Good luck.

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Tuesday, January 1, 2013

What does a career in accountancy involve?

What does a career in accountancy involve?
Im considering studying accountancy at university, i dont mind doing maths but i hate business studies. I was wondering what does a career as an accountant entail I am not sure what accountants really do and so i am not sure if i would like the course or the career. what things would i need to enjoy studying for example? help will be greatly appreciated thanks
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You make lots of money. You join the Freemasons. Everyone finds you boring. Your wife shags her personal trainer.
Answer 2 :
im gonna be started yr3 AAT in sept, and it does involve some business studies work. Accounting is not just all about figures as a lot of people on my course found out. For this year (equivalent of 1st year uni) u need to do a business project of a least 4000 words. There is also alot of analysis involved
Answer 3 :
Accountant is a general term that people can use for many types of financial jobs. The usual career for accountants is to go to university and do an accounting degree. Then after university, start working full-time and continue studying part time for a professional qualification (CPA, ACA, CIMA, ACCA). So about 3 years full-time then 3-years part time. There is a very wide range of accountant jobs and all pay well and are interesting. Accounting is a job that is very transferrable if you wanted to work in other countries.

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