Thursday, March 28, 2013

trainee accountant interview..????

trainee accountant interview..????
hi guys. i've got an interview tomorrow for a trainee accountant position. i reallllly want this job and just need some tips on how to make a good impression in the interview. does anybody have any tips about what they will ask me?? i have tried to do as much research about the company as possible, but still feeling a bit nervous. any help would be greatly appreciated =) thanks guys.
Other - Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
relax! Answer fairly honestly, and prepare for some very hard questions, and how to make them into something positive, i would have some suggestions but i don't really know what a trainee accountant does sorry! ( )
Answer 2 :
i'm finishing a report on the finance and business sector of a nearby city. i interviewed 14 accountancy firms amongst this, and here is what they are looking for.. Well-rounded individuals, following trends in diversity, such as graduates with overseas experience, and wide-ranging language/culture skills. Enthusiasm and a good work ethic. Graduates need fewer expectations, and are able to give work real commitment. Well presented / well dressed individuals. Trained in ACCA and ACT. Excellent communication and good English skills. Past customer service experience, life skills and business awareness. Prove more then 3/4 of that, and you'll be in there, good luck xxx (should i get back to work now?)

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Thursday, March 14, 2013

when applying for a mortgage what information do you need to provide?

when applying for a mortgage what information do you need to provide?
I am going to see a broker tomorrow and they said to bring a list of expenses - what should these include (I mean what categories?) Also I am self-employed so what evidence of earnings should I provide? Do I need to give tax returns or just a letter from an accountant detailing my earnings? thanks! By the way, I am in London, UK! Thanks for the info - but when listing my expenses should I include my rent? I mean, when I get a mortgage I will no longer be renting so surely this is not considered as an outgoing for the purposes of assessing how much I can borrow? Also just wondering if there is any definite rule as to what evidence one requires if they are self-employed - i've been told by some it's tax returns but others say that's not necessary. thanks...
Renting & Real Estate - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
take a letter from your accountant and like 3months credit card history
Answer 2 :
they are looking to see that your monthly income and monthly outgoings wil leave sufficient funding to repay a mortgage. they will want to see ,water bill,s phone, car, heating, light,gas, plus any other outgoings you have such as petrol cost and tools or whatever. in short they want a break down of your entire outgoings versus in-comings. then they deduct one from the other and offer a multiplier to arrive at amount they wil b willing to lend you.
Answer 3 :
If you're going to see your broker for the first time tomorrow and haven't been pre-approved, you don't need anything. They're just going to take your word for it when estimating how much you can afford. A pre-approval isn't any kind of legally binding figure. It's just an estimate. At the time of the pre-approval, your broker will tell you what documents you'll need when actually applying for the loan. And, you won't need to produce that until you get an offer accepted on a place. But, in general, you need tax returns for a couple of years, bank statements, and investment account statements (retirement accounts, stock portfolios, etc.). The broker will run a credit check that will list all of your debts. If you were employed, you also might have needed an employment verification letter. If they need anything besides that, the broker will let you know.
Answer 4 :
You need to provide evidence of income. As you are self employed you will have to provide copies of your accounts - a profit and loss account should be sufficient. I assume that they would be more comfortable if you have several year's accounts to show that you have a stable business. As for expenses they are most interested in other loans, credit cards and similar commitments, such as child maintenance etc. They will also ask about monthly bills, but they are only going to have an impact if your usage is way above average. They certainly won't be interested in expenses that relate directly to your current house, such as rent.

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Thursday, March 7, 2013

what does part qualified accountant mean?

what does part qualified accountant mean?

Other - Education - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
~Someone who is part way through studying for professional exams, usually ACCA or ACA. This takes several years and the qualifications are taken throughout the training. I wouldn't use it if you've just passed one or two of the exams though, people usually say this from about half way through their training.

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Friday, March 1, 2013

i am 19 and want to become a charted accountant. somebody says that its very hard.please tell tell me is it so?

i am 19 and want to become a charted accountant. somebody says that its very hard.please tell tell me is it so?
please help me that my decision is good or not. please also tell me that is it very very hard?????
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It can be a rewarding profession so the decision is good. It is not easy to qualify as a CA, but how hard it is depends on how capable you are of doing the study and the work. The best advice I can give is to go an see an accountant and discuss it with him or her face to face. Professional accountants will usually be more than delighted to discuss their vocation with young people wanting to enter the profession.
Answer 2 :
Routes to any profession are hard. The studying is very hard but once you're qualified the work is easier as you'll have staff to do most generic tasks. @19 you are in a good position to pursue a career in accountancy however take a look at the state of the global economy, will you be able to find training and work? If you don't have A-levels then you can still pursue a career in accountancy through The AAT (thats in the UK, not sure if they operate outside of this country). Advantage of doing AAT is that you can work and study at the same time, sort of like an apprenticeship. AAT is very good and will give you all the right knowledge and skills to succeed in this field. Seeing as you're 19, i'll give you a little push. Once you've qualified with one of the Accounting bodies (ACCA, CIMA, ICAEW etc) then you can earn loads of money. London is full of Financial jobs. If i were you, i'd study my buttt off and go and apply for a job at somewhere like Goldman Sachs or Barclays in the city. You'll be set for life, financially and the quality of life you will be able to have will be amazing. Just imagine.... £1m bonus on christmas? wouldn't you like that? But you're going to have to work very hard for it, you won't get a job with second rate grades, you'll need to be a consistent high performer.

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