Commercial Accountant anyone..?
Hi, does anyone know who to become a commercial accountant? Ive looked on the internet but struggling to find the answer lol Im interesting in becoming the above but unsure how..
Other - Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Ummm, maybe go to school?
Answer 2 :
Well.....first you have to become an accountant. This means selecting which type of qualification you want.......ACCA, CIMA, ACA etc etc. Generally this study will take you 3-5 years dependant on whether you have an undergraduate degree in an appropriate subject or not. Then the other part - Commercial - and determining the type of business you wish to work for. Usually commercial accountants are very close to the core business decision making....so need to have a good background in your chosen business area. As a starting point, one of your best bets is to try and get into one of the large accounting firms or a large national/international company. Good luck!
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Saturday, June 28, 2014
Saturday, June 14, 2014
which American state is the best for a family?
which American state is the best for a family?
Me and my partner have 2 young children, his a financial manager and im studying to be an accountant, we really want to leave the uk and are debating on america, but i know every little about the states as individuals and was wandering from peoples personal experience or knowledge which state would you say is the best for a family?
Other - United States - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
As a researcher, I can tell you that the available information you would need to help make a good decision on where to move to within the United States can be found at: http://www.city-data.com/ It lists everything from cities, schools, tax assessments, from apartments to registered sex offenders. Since you have 2 young children - this is important! It lists them by state, then city, then actual address and a full description of the individual is given. For the climate of the region you might choose, you can look at: http://weather.org/weatherorg_records_and_averages.htm that will let you see what the weather has been like, by date and area Once you have picked a possible city - google that city and you will be able to find out what is special about it, such as different events that are held and what kind of tourism, if any, that they have. I really hope this helps you in your decision making process, because I can tell you from personal experience, what attracts one person to an area can repel another.
Answer 2 :
The suburbs of Kansas City, Kansas......the county of Johnson County.....it has the best schools and it has been proved that it is the best place for a family. It has the best schools, more things for families to do together, and etc http://www.city-data.com/forum/kansas/376922-johnson-county-kansas-american-dream.html
Answer 3 :
Have you already determined how you will obtain the visas required for this proposed move? It is a difficult process.
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Me and my partner have 2 young children, his a financial manager and im studying to be an accountant, we really want to leave the uk and are debating on america, but i know every little about the states as individuals and was wandering from peoples personal experience or knowledge which state would you say is the best for a family?
Other - United States - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
As a researcher, I can tell you that the available information you would need to help make a good decision on where to move to within the United States can be found at: http://www.city-data.com/ It lists everything from cities, schools, tax assessments, from apartments to registered sex offenders. Since you have 2 young children - this is important! It lists them by state, then city, then actual address and a full description of the individual is given. For the climate of the region you might choose, you can look at: http://weather.org/weatherorg_records_and_averages.htm that will let you see what the weather has been like, by date and area Once you have picked a possible city - google that city and you will be able to find out what is special about it, such as different events that are held and what kind of tourism, if any, that they have. I really hope this helps you in your decision making process, because I can tell you from personal experience, what attracts one person to an area can repel another.
Answer 2 :
The suburbs of Kansas City, Kansas......the county of Johnson County.....it has the best schools and it has been proved that it is the best place for a family. It has the best schools, more things for families to do together, and etc http://www.city-data.com/forum/kansas/376922-johnson-county-kansas-american-dream.html
Answer 3 :
Have you already determined how you will obtain the visas required for this proposed move? It is a difficult process.
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Saturday, June 7, 2014
I run an internet business as well as working full time. Can i claim for an office and broadband and phone etc
I run an internet business as well as working full time. Can i claim for an office and broadband and phone etc
I am talking about the costs that my accountant should be putting down as cost involved in running the business. Anyone that can shed some light on this or point me to a laymans website would be well received.
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, you can claim office space, phone, etc.... But you know what I'm going to do soon? I'm just going to go to my local IRS office and ask them about my own situation where I make money using my computer (trading stocks). That way, I'll know from the source exactly what is legal and what is not. And I will try to get it in writing too, with an IRS letterhead on the paper. The IRS is not against people getting all of the deductions that they are legally entitled to have, so don't be afraid to just ask them, who know best.
Answer 2 :
If your running a business out of your home. Your phone, cell phone, Internet supplies needed such as paper, pens, ink etc. Should go in an itemized list. You can also charge your company rent if you own your own place. No here is the getter if you use your cell phone or home phone for another primary business you can not claim it in both places for instance your work for a separate company and you claim your cell phone on your personal taxes, you can not claim it on your business taxes. If you have any more questions my email is open.
Answer 3 :
Yes - but technically you're supposed to apportion use. So, for example, if 80% of your internet use is for your business and 20% for personal use, you can claim the 80% as a business cost. Same goes for phone usage. Claiming costs for using a room of your house as an office is fraught with difficuties. You can do it - but beware that it opens a whole can of worms, for example, your house insurance my be invalidated, it can give rise to a capital gain when you sell your house etc. This is a very complex area - you should take the advice of your accountant.
Answer 4 :
well, the costs of telephone and internet can be apportioned so that you split out the business use element of it using a certain % which you feel is correct for the use of it, but with telephone you can only do this on the calls, not the line rental as the line rental is classed as private if you only have one phone. (basically they argue that this has to be paid whether or not is is private or business use). you can also do the same with a mobile phone too. If however you have a seperate business line put in, then you can claim the whole cost including the line rental. with regards to an office, this expense is called Use of Home as Office, if you have one room set aside, there are 2 ways of calculating this. first way - actual cost of you elec and gas bills, council tax, house insurance etc.. and then divide this total cost by the number of main rooms, ie lounge, kitchen, no of bedrooms and attribute this figure to the cost of the office. second way - this way is much easier, you can claim upto £6 a week as a standard cost of using the 1 room as an office without the Inland Revenue questioning it. obviously if you take holidays for may have to reduce the cost for the weeks away so if you have say 4 weeks off, then you claim £6 for 48 weeks and not the full 52, but hey, whos gonna know you are away. the second way is by far the easiest and is usually more than the actual cost, depending on the size of you house. hope this helps
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I am talking about the costs that my accountant should be putting down as cost involved in running the business. Anyone that can shed some light on this or point me to a laymans website would be well received.
Small Business - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, you can claim office space, phone, etc.... But you know what I'm going to do soon? I'm just going to go to my local IRS office and ask them about my own situation where I make money using my computer (trading stocks). That way, I'll know from the source exactly what is legal and what is not. And I will try to get it in writing too, with an IRS letterhead on the paper. The IRS is not against people getting all of the deductions that they are legally entitled to have, so don't be afraid to just ask them, who know best.
Answer 2 :
If your running a business out of your home. Your phone, cell phone, Internet supplies needed such as paper, pens, ink etc. Should go in an itemized list. You can also charge your company rent if you own your own place. No here is the getter if you use your cell phone or home phone for another primary business you can not claim it in both places for instance your work for a separate company and you claim your cell phone on your personal taxes, you can not claim it on your business taxes. If you have any more questions my email is open.
Answer 3 :
Yes - but technically you're supposed to apportion use. So, for example, if 80% of your internet use is for your business and 20% for personal use, you can claim the 80% as a business cost. Same goes for phone usage. Claiming costs for using a room of your house as an office is fraught with difficuties. You can do it - but beware that it opens a whole can of worms, for example, your house insurance my be invalidated, it can give rise to a capital gain when you sell your house etc. This is a very complex area - you should take the advice of your accountant.
Answer 4 :
well, the costs of telephone and internet can be apportioned so that you split out the business use element of it using a certain % which you feel is correct for the use of it, but with telephone you can only do this on the calls, not the line rental as the line rental is classed as private if you only have one phone. (basically they argue that this has to be paid whether or not is is private or business use). you can also do the same with a mobile phone too. If however you have a seperate business line put in, then you can claim the whole cost including the line rental. with regards to an office, this expense is called Use of Home as Office, if you have one room set aside, there are 2 ways of calculating this. first way - actual cost of you elec and gas bills, council tax, house insurance etc.. and then divide this total cost by the number of main rooms, ie lounge, kitchen, no of bedrooms and attribute this figure to the cost of the office. second way - this way is much easier, you can claim upto £6 a week as a standard cost of using the 1 room as an office without the Inland Revenue questioning it. obviously if you take holidays for may have to reduce the cost for the weeks away so if you have say 4 weeks off, then you claim £6 for 48 weeks and not the full 52, but hey, whos gonna know you are away. the second way is by far the easiest and is usually more than the actual cost, depending on the size of you house. hope this helps
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Sunday, June 1, 2014
Why can accountants charge what they like,without informing their client?
Why can accountants charge what they like,without informing their client?
Solicitors are strictly governed with their costs, but accontants charge whatever they like.
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They don't. If they can't give you a fixed fee you can refuse to pay the bill. If they run your monthly accounts they ALWAYS have to tell you how much it is going to cost in advance. Otherwise you are dealing with a crook.
Answer 2 :
They don't. They tell you their hourly rate and charge it (same applies to lawyers). If you phone him he puts the clock on! If you ask a question or ask him to do something the clock is on! He will be able to show you an itemised time/charge sheet!
Answer 3 :
Accountants are people with knowledge of finance and law so if they make charges (by right) they should inform their client prior to services being made with terms and conditions of changes. ...and also depend on accountant's decency and communications skills. Unfortunately many of them don't even bother to contact their customers. Thanks Kind Regards
Answer 4 :
Accountants should let you know when you are being charged for there services. Its best to ask friends and familly to find a decent and approachable accountant.
Answer 5 :
I should think they have a cost framework like solicitors. That is if they are genuine accountants & members of the appropriate body. They tend to charge as a percentage of turnover.
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Solicitors are strictly governed with their costs, but accontants charge whatever they like.
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They don't. If they can't give you a fixed fee you can refuse to pay the bill. If they run your monthly accounts they ALWAYS have to tell you how much it is going to cost in advance. Otherwise you are dealing with a crook.
Answer 2 :
They don't. They tell you their hourly rate and charge it (same applies to lawyers). If you phone him he puts the clock on! If you ask a question or ask him to do something the clock is on! He will be able to show you an itemised time/charge sheet!
Answer 3 :
Accountants are people with knowledge of finance and law so if they make charges (by right) they should inform their client prior to services being made with terms and conditions of changes. ...and also depend on accountant's decency and communications skills. Unfortunately many of them don't even bother to contact their customers. Thanks Kind Regards
Answer 4 :
Accountants should let you know when you are being charged for there services. Its best to ask friends and familly to find a decent and approachable accountant.
Answer 5 :
I should think they have a cost framework like solicitors. That is if they are genuine accountants & members of the appropriate body. They tend to charge as a percentage of turnover.
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