what are the main users in finacial accounting?
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You question is not focused. Please re-phrase and be more specific.
Answer 2 :
It is mainly self-employed people who run their own businesses who use accountants (if that's what you mean)
Answer 3 :
Main users include: 1. Financial Auditors to check proper usage of money 2. top & middle management to budget 3. financial controllers
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Friday, December 28, 2012
Friday, December 14, 2012
HOW HARD IS THE NVQ accounting course in uk?
HOW HARD IS THE NVQ accounting course in uk?
is it hard...to be an accountant isnt this the `easy `way
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
being an accountant is an easy job you could train a monkey to do it, so I would imagine an NVQ in it will be really easy
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is it hard...to be an accountant isnt this the `easy `way
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
being an accountant is an easy job you could train a monkey to do it, so I would imagine an NVQ in it will be really easy
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Friday, December 7, 2012
Discuss the various basis of accounting that could be used in public sector accounting staing clarly/?
Discuss the various basis of accounting that could be used in public sector accounting staing clarly/?
Discuss or explain the various basis of accounting that coluld be used in public acconuting sector sating clarly which one meets the objects of effectiveness and efficiency and why?
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Buy a book and go to your lectures.
Answer 2 :
This sounds SO much like your homework assignment that you should be ashamed of yourself. The point of the work is to learn something.. not buck it off to someone else. Now grow up and accept your responsibilities.
Answer 3 :
Well you're not doing my accounts or the public's hopefully. Just hope you can add up better than you can type.
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Discuss or explain the various basis of accounting that coluld be used in public acconuting sector sating clarly which one meets the objects of effectiveness and efficiency and why?
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Buy a book and go to your lectures.
Answer 2 :
This sounds SO much like your homework assignment that you should be ashamed of yourself. The point of the work is to learn something.. not buck it off to someone else. Now grow up and accept your responsibilities.
Answer 3 :
Well you're not doing my accounts or the public's hopefully. Just hope you can add up better than you can type.
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Saturday, December 1, 2012
how do i get an accounting job in taiwan?
how do i get an accounting job in taiwan?
Careers & Employment - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
writwe to the master accountant c/o taiwan commercial centre taiwan centre of commerce, taiwan
Answer 2 :
Use Craigslist of Taiwan. You can post your resume there, or look in the jobs section.
Answer 3 :
You can do that by reading your local news papers and find out if jobs are available.
Answer 4 :
. . . first you'll need relevant experience - maybe get a job as the cashier in your local Chinese restaurant? . . .
Answer 5 :
Become an accountant & get on a plane to the RoC.
Answer 6 :
move to taiwan and apply for an accounting job?
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Careers & Employment - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
writwe to the master accountant c/o taiwan commercial centre taiwan centre of commerce, taiwan
Answer 2 :
Use Craigslist of Taiwan. You can post your resume there, or look in the jobs section.
Answer 3 :
You can do that by reading your local news papers and find out if jobs are available.
Answer 4 :
. . . first you'll need relevant experience - maybe get a job as the cashier in your local Chinese restaurant? . . .
Answer 5 :
Become an accountant & get on a plane to the RoC.
Answer 6 :
move to taiwan and apply for an accounting job?
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Wednesday, November 28, 2012
in a job order cost accounting system used by a service business, what itemswould normally not be included?
in a job order cost accounting system used by a service business, what itemswould normally not be included?
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Anything besides direct labour and direct materials would not be included. ----------- Not included: Indirect labour, overhead expenses like rent, utilities, etc., managerial and administrative salaries, and so on.
Answer 2 :
All those expenses which do not relate to a job will be excluded. Please remember that each job is recognized separately, hence all expenses, i.e., Direct Materials, Direct Labour and Overheads relating to each job will be included. The main point is the relationship of an item to the job. For example expenses incurred on Job # 101 will be charged to that job only. As another example, a business may hire an equipment to be used on a number of jobs. Now each job will be charged according to service rendered by the equipment on all such jobs using its service.
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Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Anything besides direct labour and direct materials would not be included. ----------- Not included: Indirect labour, overhead expenses like rent, utilities, etc., managerial and administrative salaries, and so on.
Answer 2 :
All those expenses which do not relate to a job will be excluded. Please remember that each job is recognized separately, hence all expenses, i.e., Direct Materials, Direct Labour and Overheads relating to each job will be included. The main point is the relationship of an item to the job. For example expenses incurred on Job # 101 will be charged to that job only. As another example, a business may hire an equipment to be used on a number of jobs. Now each job will be charged according to service rendered by the equipment on all such jobs using its service.
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Wednesday, November 14, 2012
What must I do to write asset and liability and capital accounts?
What must I do to write asset and liability and capital accounts?
What is meant by this questions... How must I tackle the questions... It's a question from my module of accounting and financial analysis... Please reply me within a short period of time! I really need help!!!!!
Homework Help - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i'm not exactly sure what you're looking for but i'll try to help. assets=liability + capital or owners equity a balance sheet would include these accounts assets are: cash, prepaids, supplies etc. liabilities are what you owe, or haven't earned: accounts payable, notes payable, unearned rent your capital is your worth hope this helps
Answer 2 :
I'm also not entirely sure of the question but I'll take a different tack...If you have simply a list of transactions in no particular order and you need to arrive at an income statement, the steps are: - open up T accounts for each relevant line of the income statement --cash - this will be the main one you use, probably --other asset types - buildings, fixtures and fittings, stock, debtors --liabilities - creditors, overdraft, loans --owners' equity - add details of the transactions into the relevant T accounts - add down the T accounts so that each one has a credit or debit (or 0) balance - prepare a 'trial balance' to ensure that the debit and credit sides net off - take the items from the trial balance one by one into the correct income statement format Hmm, a good 4 years since I've done that, I surprised myself there.
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What is meant by this questions... How must I tackle the questions... It's a question from my module of accounting and financial analysis... Please reply me within a short period of time! I really need help!!!!!
Homework Help - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i'm not exactly sure what you're looking for but i'll try to help. assets=liability + capital or owners equity a balance sheet would include these accounts assets are: cash, prepaids, supplies etc. liabilities are what you owe, or haven't earned: accounts payable, notes payable, unearned rent your capital is your worth hope this helps
Answer 2 :
I'm also not entirely sure of the question but I'll take a different tack...If you have simply a list of transactions in no particular order and you need to arrive at an income statement, the steps are: - open up T accounts for each relevant line of the income statement --cash - this will be the main one you use, probably --other asset types - buildings, fixtures and fittings, stock, debtors --liabilities - creditors, overdraft, loans --owners' equity - add details of the transactions into the relevant T accounts - add down the T accounts so that each one has a credit or debit (or 0) balance - prepare a 'trial balance' to ensure that the debit and credit sides net off - take the items from the trial balance one by one into the correct income statement format Hmm, a good 4 years since I've done that, I surprised myself there.
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Wednesday, November 7, 2012
What do corporate bankers do? Is it the same as accounting?
What do corporate bankers do? Is it the same as accounting?
whats the avrage salary
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
sell products for deposits/ lending-borrowing.render other services however proper accounting is done
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whats the avrage salary
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
sell products for deposits/ lending-borrowing.render other services however proper accounting is done
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Thursday, November 1, 2012
Recommended books on accounting fraud?
Recommended books on accounting fraud?
Specifically books on how companies manipulate earnings, off balance sheet entities, mark to market stuff like that.
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Im sure this will definately help you.cheers! http://www.summaryworld.com/books/creating-accounting
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Specifically books on how companies manipulate earnings, off balance sheet entities, mark to market stuff like that.
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Im sure this will definately help you.cheers! http://www.summaryworld.com/books/creating-accounting
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Sunday, October 28, 2012
Help needed in accounting Asap please ?
Help needed in accounting Asap please ?
Jim Yule runs a retail outlet and usually prepares the annual accounts himself on 31 July each year. He’s discovered you are studying accounting and has the following questions for you “A new customer is asking me for 60 days credit on a large purchase order. This means that the account won’t be due for settlement until August, after the end of the current financial year. How do I account for this – and what are the dangers of extending credit in this way?â€
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Presumably, this order was meant to be delivered before 31 July. The entry: Dr Accounts receivable xxx Cr Sales xxx Dangers of extending credit - the customer doesn't pay up, and the debt becomes a bad debt. Since the customer is new, Yule needs to conduct a thorough background check on this new customer. Check with debt agencies, accounts (if available), visit his business premises - note the volume of business going on, etc. If in doubt, ask for full or partial deposit upfront but note that doing this might mean losing the customer. Or instead of giving credit, ask for payment to be by letter of credit with a bank. That might mitigate the risks of incurring a bad debt.
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Jim Yule runs a retail outlet and usually prepares the annual accounts himself on 31 July each year. He’s discovered you are studying accounting and has the following questions for you “A new customer is asking me for 60 days credit on a large purchase order. This means that the account won’t be due for settlement until August, after the end of the current financial year. How do I account for this – and what are the dangers of extending credit in this way?â€
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Presumably, this order was meant to be delivered before 31 July. The entry: Dr Accounts receivable xxx Cr Sales xxx Dangers of extending credit - the customer doesn't pay up, and the debt becomes a bad debt. Since the customer is new, Yule needs to conduct a thorough background check on this new customer. Check with debt agencies, accounts (if available), visit his business premises - note the volume of business going on, etc. If in doubt, ask for full or partial deposit upfront but note that doing this might mean losing the customer. Or instead of giving credit, ask for payment to be by letter of credit with a bank. That might mitigate the risks of incurring a bad debt.
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Sunday, October 14, 2012
What accounts can have either a debit or credit balance in the trial balance?
What accounts can have either a debit or credit balance in the trial balance?
Its an Accounting question, i need an answer?
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Your Income & Expenses Accounts
Answer 2 :
401 k ira
Answer 3 :
Are you serious? Every single account in the ledger is listed in the trial balance and they will all have either a debit or credit balance!
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Its an Accounting question, i need an answer?
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Your Income & Expenses Accounts
Answer 2 :
401 k ira
Answer 3 :
Are you serious? Every single account in the ledger is listed in the trial balance and they will all have either a debit or credit balance!
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Sunday, October 7, 2012
If was to study AAT level 2 Certificate in Accounting....?
If was to study AAT level 2 Certificate in Accounting....?
If i study AAT Level 2 Certificate in Accounting from ICS learning where will this lead my career...??? I can use MAAT after my name but what kind of vacanies can i apply for??? I really hope you can help. Many Thanks
Standards & Testing - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
u cant use the MAAT after ur name until u have completed level 4 technician. then it can lead to a better job or further qualifications such as cima or acca. do u get the aat magazine, in there it shows jobs avaliable on each level of aat
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If i study AAT Level 2 Certificate in Accounting from ICS learning where will this lead my career...??? I can use MAAT after my name but what kind of vacanies can i apply for??? I really hope you can help. Many Thanks
Standards & Testing - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
u cant use the MAAT after ur name until u have completed level 4 technician. then it can lead to a better job or further qualifications such as cima or acca. do u get the aat magazine, in there it shows jobs avaliable on each level of aat
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Monday, October 1, 2012
Accounting Software, Prepares 'P&L a/c' and 'Balance Sheet'?
Accounting Software, Prepares 'P&L a/c' and 'Balance Sheet'?
Does such a thing exist? I cant get my accounts to balance exactly in an exam question. Thanks
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
hi bti, i understood your problem. i had also great problem like as you in my school life.but when i started those practical activities comparing with guides books on my owns as well as teacher view i got easy of solving those problems. P/L account is prepared after the preparation of trading account. it shows the total net profit or loss of business. then after preparation of P/L account BALANCE SHEET is prepared which is prepare in the last month of fiscal year. it is final accounting system.
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Does such a thing exist? I cant get my accounts to balance exactly in an exam question. Thanks
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
hi bti, i understood your problem. i had also great problem like as you in my school life.but when i started those practical activities comparing with guides books on my owns as well as teacher view i got easy of solving those problems. P/L account is prepared after the preparation of trading account. it shows the total net profit or loss of business. then after preparation of P/L account BALANCE SHEET is prepared which is prepare in the last month of fiscal year. it is final accounting system.
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Friday, September 28, 2012
An Accounting Question about Depreciation?
An Accounting Question about Depreciation?
Could someone give me an explaination on why depreciation is charged to the profit and loss accounting in respect of a company’s fixed assets, even if they have been revalued upwards as a result of an increase in their market price.
Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Because of the matching principle. Expense has to be charged to revenue. However, this rule does distorts the true economic value of a company. Real estates that have gone up in value is written down to the pennies on the books. This in part explains why LBO are so active. There are tons of hidden assets on the books of large cap.
Answer 2 :
Becouse Loss&profit Acount is state in historical value n market value is ignore. it also approve matching concept which revenue must compare with expenses in one accounting period.
Answer 3 :
r u trying to get us to answer ur exam questions ???
Answer 4 :
so they pay less tax
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Could someone give me an explaination on why depreciation is charged to the profit and loss accounting in respect of a company’s fixed assets, even if they have been revalued upwards as a result of an increase in their market price.
Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Because of the matching principle. Expense has to be charged to revenue. However, this rule does distorts the true economic value of a company. Real estates that have gone up in value is written down to the pennies on the books. This in part explains why LBO are so active. There are tons of hidden assets on the books of large cap.
Answer 2 :
Becouse Loss&profit Acount is state in historical value n market value is ignore. it also approve matching concept which revenue must compare with expenses in one accounting period.
Answer 3 :
r u trying to get us to answer ur exam questions ???
Answer 4 :
so they pay less tax
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Friday, September 14, 2012
Any Accounting Technicians out there. i have a question?
Any Accounting Technicians out there. i have a question?
Hello Ive just passed my AAT course and have become a Accountating technician. I live and work in South Yorkshire, Sheffield. I have no clue what i should now be accepted to earn. do you know any any salary guides or what sort of slary figure i should expect?? Thank you
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
12 to 16 k pretty poor money for the effort you've made
Answer 2 :
Hi im studying for the accounting technician qualification. Here is a website that shows you a rough guide of what you are to expect. I think the yorkshire area is approx 16-19k per annum http://salarysurvey.hays.com/salary-survey/18/1/3/127/
Answer 3 :
call your local employment agency and ask this question.
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Hello Ive just passed my AAT course and have become a Accountating technician. I live and work in South Yorkshire, Sheffield. I have no clue what i should now be accepted to earn. do you know any any salary guides or what sort of slary figure i should expect?? Thank you
Other - Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
12 to 16 k pretty poor money for the effort you've made
Answer 2 :
Hi im studying for the accounting technician qualification. Here is a website that shows you a rough guide of what you are to expect. I think the yorkshire area is approx 16-19k per annum http://salarysurvey.hays.com/salary-survey/18/1/3/127/
Answer 3 :
call your local employment agency and ask this question.
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what do u think of this a-levels maths,geography,pscychology,economics.to study accounting and finance at uni?
what do u think of this a-levels maths,geography,pscychology,economics.to study accounting and finance at uni?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Mach das was du denkst denn das ist in der Regel gut.
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Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Mach das was du denkst denn das ist in der Regel gut.
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Friday, September 7, 2012
WITCH UNIVERSITY SHOULD I CHOOSE, FINANCE AND ACCOUNTING MAJOR?
WITCH UNIVERSITY SHOULD I CHOOSE, FINANCE AND ACCOUNTING MAJOR?
i have offers from Durham, Southampton, Cardiff, Reading and Leicester thinking about what university is better, witch university has the better finance and accounting course and with will have the best job opportunities when i graduate. i have an idea in my mind im just asking what you think thank you crystal
Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
check out http://www.growthcentre.org/ . it provides career counselling,clinical testing,aptitude testing. also provides information on colleges,careers,study abroad,internships etc.
Answer 2 :
I can´t believe you have been offered anything with your very poor English-WITCH!! But I suppose the standards have dropped so much that it doesn´t matter anymore.
Answer 3 :
"Witch"-ever one has the lowest standards for English grammar, spelling, punctuation and capitalization. Because if you write your papers with the same skill level you wrote this question, you may not get through the program. And, employers wouldn't look twice at a resume with such errors. Good luck!
Answer 4 :
If you take it in a prestige then you could reason Durham. Though you could also pick Southampton or Cardiff because they are part of the Russell group. However, there is not much between them when it comes to your course. Generally it depends on what University you believe you can achieve the best results to get that job. Look deeply into the course, if they list modules, read them and see if you are interested or not. If you are extremely worried about jobs then maybe look at the employers who visit each university. Even better thing to do is to look at the statistics of where graduates end up from that University. Then you can get a clear idea of what your chances are when you complete your degree.
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i have offers from Durham, Southampton, Cardiff, Reading and Leicester thinking about what university is better, witch university has the better finance and accounting course and with will have the best job opportunities when i graduate. i have an idea in my mind im just asking what you think thank you crystal
Higher Education (University +) - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
check out http://www.growthcentre.org/ . it provides career counselling,clinical testing,aptitude testing. also provides information on colleges,careers,study abroad,internships etc.
Answer 2 :
I can´t believe you have been offered anything with your very poor English-WITCH!! But I suppose the standards have dropped so much that it doesn´t matter anymore.
Answer 3 :
"Witch"-ever one has the lowest standards for English grammar, spelling, punctuation and capitalization. Because if you write your papers with the same skill level you wrote this question, you may not get through the program. And, employers wouldn't look twice at a resume with such errors. Good luck!
Answer 4 :
If you take it in a prestige then you could reason Durham. Though you could also pick Southampton or Cardiff because they are part of the Russell group. However, there is not much between them when it comes to your course. Generally it depends on what University you believe you can achieve the best results to get that job. Look deeply into the course, if they list modules, read them and see if you are interested or not. If you are extremely worried about jobs then maybe look at the employers who visit each university. Even better thing to do is to look at the statistics of where graduates end up from that University. Then you can get a clear idea of what your chances are when you complete your degree.
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Saturday, September 1, 2012
Does anyone know of any voluntary accounting jobs/positions in manchester area?; or howto get one.?
Does anyone know of any voluntary accounting jobs/positions in manchester area?; or howto get one.?
Manchester, U.K
Marketing & Sales - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need to either contact Manchester Council for Voluntary Services or an organisation called Professionals4Free at http://www.professionals4free.org.uk/
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Manchester, U.K
Marketing & Sales - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need to either contact Manchester Council for Voluntary Services or an organisation called Professionals4Free at http://www.professionals4free.org.uk/
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Tuesday, August 28, 2012
I need help with a fiancial accounting question?
I need help with a fiancial accounting question?
The sales are €1,239,600(31-12-07). the question says that €18,000 in respect of the disposal of an item of plant which was purchased in 2005 for €28,000. Please help! Should I adjust the sales figure and is the depreciation €10,000??
Investing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There has to be more to the question. This doesn't make sense. The 10,000 would be a loss, not depreciation.
Answer 2 :
The disposal is not part of operations, so don't adjust the sales figure. The plant item should have had depreciation expense in 2005, 2006, and 2007 (through the date it was sold) already accounted for prior to 2007 year-end adjustments, therefore there is no need for depreciation expense on it at year-end.
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The sales are €1,239,600(31-12-07). the question says that €18,000 in respect of the disposal of an item of plant which was purchased in 2005 for €28,000. Please help! Should I adjust the sales figure and is the depreciation €10,000??
Investing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There has to be more to the question. This doesn't make sense. The 10,000 would be a loss, not depreciation.
Answer 2 :
The disposal is not part of operations, so don't adjust the sales figure. The plant item should have had depreciation expense in 2005, 2006, and 2007 (through the date it was sold) already accounted for prior to 2007 year-end adjustments, therefore there is no need for depreciation expense on it at year-end.
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Tuesday, August 14, 2012
what is meant by management accounting techniques?
what is meant by management accounting techniques?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hello, (ANS) Management Accounting techniques are used to control a company with the focus on managing the flow of its money. So MA looks at how the company can be managed more successfully by examining what the company spends (what its costs are, salarys, services, products, assetts like computers & cars,etc) What the turn over of the company is, how much profit it made in the financial year, what it cost to make that level of profit and so forth. **In the simplest terms its how to control a company by controlling its money flows. IR
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Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hello, (ANS) Management Accounting techniques are used to control a company with the focus on managing the flow of its money. So MA looks at how the company can be managed more successfully by examining what the company spends (what its costs are, salarys, services, products, assetts like computers & cars,etc) What the turn over of the company is, how much profit it made in the financial year, what it cost to make that level of profit and so forth. **In the simplest terms its how to control a company by controlling its money flows. IR
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Tuesday, August 7, 2012
is excel good for accounting?
is excel good for accounting?
I'm going to use a powerful accounting software! and i want to know if excel is suitable for accounting and meets all of my needs for accounting. if no so let me know your suggestion. Thanks for your help
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Of course!!! It is the mostly used software for accounting..HECK, IT IS FOR ACCOUNTING!!!
Answer 2 :
Excel is a better spreadsheet than 99% of people need. You could at a pinch prepare accounts on it but it's better for other purposes costing, budgets and homework. It isn't an accounts package. You can download a free trial from microsoft or the free alternative and nearly as good open office suite to see what you will get. If you want a powerful accounts software you could try something like sage ( we use line 50). I suspect you need a cheaper package than that but i have no experience with those. Try downloading trial versions if you can find them.
Answer 3 :
It is perfect for accounting with all its formulas for converting vat into percentages, and sumif,countif, cell highlighting, and a thousand other things, you cannot go wrong.
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I'm going to use a powerful accounting software! and i want to know if excel is suitable for accounting and meets all of my needs for accounting. if no so let me know your suggestion. Thanks for your help
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Of course!!! It is the mostly used software for accounting..HECK, IT IS FOR ACCOUNTING!!!
Answer 2 :
Excel is a better spreadsheet than 99% of people need. You could at a pinch prepare accounts on it but it's better for other purposes costing, budgets and homework. It isn't an accounts package. You can download a free trial from microsoft or the free alternative and nearly as good open office suite to see what you will get. If you want a powerful accounts software you could try something like sage ( we use line 50). I suspect you need a cheaper package than that but i have no experience with those. Try downloading trial versions if you can find them.
Answer 3 :
It is perfect for accounting with all its formulas for converting vat into percentages, and sumif,countif, cell highlighting, and a thousand other things, you cannot go wrong.
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Wednesday, August 1, 2012
How to account for Cost of Sales in a service industry?
How to account for Cost of Sales in a service industry?
I run a small business which is a video production company, and have a point of confusion about account records: most literature I have seen is geared towards businesses which buy stock, and sell it at a profit. That is not appropriate for me as a service industry, as stock purchases are minimal - we buy blank media but we sell those along with production services. However we do have plenty of 'cost of sales' - my question is, should these be counted as 'stock purchases' in the various conventional accounting templates? To add to the confusion, cost of sales are more often than not services themselves, such as hiring in equipment or freelance personnel, or using couriers or duplication companies. Perhaps someone could recommend a book on accounting for service industries, especially creative! As it's very annoying never fitting in with examples books give..... But if someone could just give me an idea of how to analyse those expenses I'd be very grateful.... Ta! Thanks! Jay A's answer, though amusing, is wrong. He is referring to fixed costs. Which are separate from stock purchases, which are a cost of sale factor.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Cost of sales has nothing to do with stock purhase. The cost of sales is the cost of paying your employee's, your rent factor ( taxes, rent, utiities, etc. and your interest payed on your inventory). Add all these things up and they are your cost of sales. If you need someone to manage your business for you, and it sounds like you do, give me a call.
Answer 2 :
a cost of sale is a direct cost of something in order to make a sale as rightly stated by urself it is mainly attributed to purchase of stock for resale along with such costs as packaging and carriage. with regards to your business, what do you have to buy in order to produce these videos? any consumable items like dvds, tapes, etc.. if your purely a service business then it maybe you dont have any cost of sale and all you costs are fixed costs. would need a bit more info on the types of expenses incurred in order to see if any can be classed as cost of sale. at the end of the day it doesnt really make much diff as its really only for disclosure purposes in accounts and on tax returns etc.. best thing to do is buy sage line 50 and do it on the computer, this has all the codes of where to put expenses and does all the reporting u need. visit www.sae.co.uk . it would cost you about £150 depending on what package u go for.
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I run a small business which is a video production company, and have a point of confusion about account records: most literature I have seen is geared towards businesses which buy stock, and sell it at a profit. That is not appropriate for me as a service industry, as stock purchases are minimal - we buy blank media but we sell those along with production services. However we do have plenty of 'cost of sales' - my question is, should these be counted as 'stock purchases' in the various conventional accounting templates? To add to the confusion, cost of sales are more often than not services themselves, such as hiring in equipment or freelance personnel, or using couriers or duplication companies. Perhaps someone could recommend a book on accounting for service industries, especially creative! As it's very annoying never fitting in with examples books give..... But if someone could just give me an idea of how to analyse those expenses I'd be very grateful.... Ta! Thanks! Jay A's answer, though amusing, is wrong. He is referring to fixed costs. Which are separate from stock purchases, which are a cost of sale factor.
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Cost of sales has nothing to do with stock purhase. The cost of sales is the cost of paying your employee's, your rent factor ( taxes, rent, utiities, etc. and your interest payed on your inventory). Add all these things up and they are your cost of sales. If you need someone to manage your business for you, and it sounds like you do, give me a call.
Answer 2 :
a cost of sale is a direct cost of something in order to make a sale as rightly stated by urself it is mainly attributed to purchase of stock for resale along with such costs as packaging and carriage. with regards to your business, what do you have to buy in order to produce these videos? any consumable items like dvds, tapes, etc.. if your purely a service business then it maybe you dont have any cost of sale and all you costs are fixed costs. would need a bit more info on the types of expenses incurred in order to see if any can be classed as cost of sale. at the end of the day it doesnt really make much diff as its really only for disclosure purposes in accounts and on tax returns etc.. best thing to do is buy sage line 50 and do it on the computer, this has all the codes of where to put expenses and does all the reporting u need. visit www.sae.co.uk . it would cost you about £150 depending on what package u go for.
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Saturday, July 28, 2012
which course is better to go into a career in finance Accounting &finance and economics or?
which course is better to go into a career in finance Accounting &finance and economics or?
maths, management and economics thanks
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I think that Accounting &finance is best./
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maths, management and economics thanks
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I think that Accounting &finance is best./
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Saturday, July 14, 2012
Did anyone do accounting 4 A level @ School? If so how useful has it been in the "real" world?
Did anyone do accounting 4 A level @ School? If so how useful has it been in the "real" world?
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Not very, but then, how many of your subjects are useful in the real world? If you are good with numbers, then do it, if not stick to a subject you enjoy.
Answer 2 :
will be good to know if you decide to do accounting, or get into that field.
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Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Not very, but then, how many of your subjects are useful in the real world? If you are good with numbers, then do it, if not stick to a subject you enjoy.
Answer 2 :
will be good to know if you decide to do accounting, or get into that field.
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Saturday, July 7, 2012
Tips on studying accounting?
Tips on studying accounting?
ANy special tips for studying accounting other than read all the information, practice writing all the financial reports (Balance sheet, Income statement, etc etc) I have an exam on friday. Thanks
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Focus on studying what was taught, and not related information Find out the contents and format of exam, and study for that. Focus on high-mark areas.
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ANy special tips for studying accounting other than read all the information, practice writing all the financial reports (Balance sheet, Income statement, etc etc) I have an exam on friday. Thanks
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Focus on studying what was taught, and not related information Find out the contents and format of exam, and study for that. Focus on high-mark areas.
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Sunday, July 1, 2012
any site which help to make money in the field accounting?
any site which help to make money in the field accounting?
Small Business - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You mean affiliate marketing if so search accounting in Google and see the top 10 website if they have affiliate market and join them. If you looking for non accounting business that will generate an income immediately go to http://www.earnwhileyousleep.net
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Small Business - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You mean affiliate marketing if so search accounting in Google and see the top 10 website if they have affiliate market and join them. If you looking for non accounting business that will generate an income immediately go to http://www.earnwhileyousleep.net
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Thursday, June 28, 2012
university or accounting career after a-levels?
university or accounting career after a-levels?
i have a dilemma which I would appreciate any advice on. Basically, I would like a career in accounting but am unsure which route to take. I can either move straight into a career after A-Levels and study for the relevant qualifications or start after graduating from university. To the uniformed reader the former may seem the logical choice but I'm not absolutely sure accounting is what I want to commit to. I would appreciate comments from people who know the difference between degree holders and non-degree holders in progressing in the accounting career with the relevant professional qualifications.
Other - Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
In response to the second part of your question, i.e. the difference between progression in accounting careers relating to whether you hold a degree, as a recruiter I can tell you that in the UK there isn't much difference and with or without a degree you can progress equally. Those who don't hold degrees may ultimately earn a little less but not much. However, this is not the case in other countries so if you ever plan to work overseas be advised that you will definitely need a degree to progress. Having said that as a recruiter I know that the opportunities are equal, when it comes to hiring staff for my own organisation I would only hire degree-educated people. Those who have been to university tend to have far better soft skills such as written communication, and ability to relate to others. It's true that they're not so important in an accounting job as in other jobs, but they still count for a lot. Basically, if you have the opportunity to go to university then I would do that. It's a great life experience and it's fun, if nothing else. And as you say, you are not quite sure that you want to commit to accounting. Four years at this stage in your life while you're still young really isn't going to set you back, and you may very well spend the rest of your life wishing you'd gone to university.
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i have a dilemma which I would appreciate any advice on. Basically, I would like a career in accounting but am unsure which route to take. I can either move straight into a career after A-Levels and study for the relevant qualifications or start after graduating from university. To the uniformed reader the former may seem the logical choice but I'm not absolutely sure accounting is what I want to commit to. I would appreciate comments from people who know the difference between degree holders and non-degree holders in progressing in the accounting career with the relevant professional qualifications.
Other - Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
In response to the second part of your question, i.e. the difference between progression in accounting careers relating to whether you hold a degree, as a recruiter I can tell you that in the UK there isn't much difference and with or without a degree you can progress equally. Those who don't hold degrees may ultimately earn a little less but not much. However, this is not the case in other countries so if you ever plan to work overseas be advised that you will definitely need a degree to progress. Having said that as a recruiter I know that the opportunities are equal, when it comes to hiring staff for my own organisation I would only hire degree-educated people. Those who have been to university tend to have far better soft skills such as written communication, and ability to relate to others. It's true that they're not so important in an accounting job as in other jobs, but they still count for a lot. Basically, if you have the opportunity to go to university then I would do that. It's a great life experience and it's fun, if nothing else. And as you say, you are not quite sure that you want to commit to accounting. Four years at this stage in your life while you're still young really isn't going to set you back, and you may very well spend the rest of your life wishing you'd gone to university.
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Thursday, June 14, 2012
what does the word treatment mean in accounting?
what does the word treatment mean in accounting?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
"Treatment" means application of applicable Accounting principles , weather its International Financial Reporting standards / US Gaap / UK Gaap / or local regulations governing the accountancy in country of jurisdiction For example : What is treatment of Expense ? Treatment : When expenses are incurred , they are debited and credit impact is taken on Cash / Bank / Payable . hope i have clarified enough.
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Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
"Treatment" means application of applicable Accounting principles , weather its International Financial Reporting standards / US Gaap / UK Gaap / or local regulations governing the accountancy in country of jurisdiction For example : What is treatment of Expense ? Treatment : When expenses are incurred , they are debited and credit impact is taken on Cash / Bank / Payable . hope i have clarified enough.
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Thursday, June 7, 2012
Does anyone now why my Sage accounting package keeps freezing whenever I run any report (big or small)?
Does anyone now why my Sage accounting package keeps freezing whenever I run any report (big or small)?
When i export it to my accountant it works fine on his client manager program. My boss has asked his IT guy whether it is due to lack on memory on the hard drive but he says it isn't. My boss is too mean to buy Sage support so i'm in limbo! Any ideas?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
How many users do you have? If you have quite a few it could be that more than one person is running large amounts of data at the same time which can slow things up - this usually leads to a message at the bottom about accessing data which flashes for a bit til it can. But if you find it's just hanging (which can be a problem with Sage) - is it usually around the same time of day? Mine did this and it turned out our IT guy had anti-virus software set to run at certain times of the day and this was causing it. Other than that the best thing to do when it freezes is keep clicking anywhere on the screen until it says 'not responding' at the top. Then press the Esc key on your keyboard. Sage will then ask you if you want to quit the report but say no and it often then finishes running.
Answer 2 :
I suspect it is in the printer itself - the Sage is sending at one speed and the printer is receiving at a lower speed. Sage is desgined to send reports quickly - and probably your printer is not compatable with the speed.
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When i export it to my accountant it works fine on his client manager program. My boss has asked his IT guy whether it is due to lack on memory on the hard drive but he says it isn't. My boss is too mean to buy Sage support so i'm in limbo! Any ideas?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
How many users do you have? If you have quite a few it could be that more than one person is running large amounts of data at the same time which can slow things up - this usually leads to a message at the bottom about accessing data which flashes for a bit til it can. But if you find it's just hanging (which can be a problem with Sage) - is it usually around the same time of day? Mine did this and it turned out our IT guy had anti-virus software set to run at certain times of the day and this was causing it. Other than that the best thing to do when it freezes is keep clicking anywhere on the screen until it says 'not responding' at the top. Then press the Esc key on your keyboard. Sage will then ask you if you want to quit the report but say no and it often then finishes running.
Answer 2 :
I suspect it is in the printer itself - the Sage is sending at one speed and the printer is receiving at a lower speed. Sage is desgined to send reports quickly - and probably your printer is not compatable with the speed.
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Friday, June 1, 2012
to become a trader/ hedge fund manager should i study economics or accounting.?
to become a trader/ hedge fund manager should i study economics or accounting.?
Investing - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Economics or business, but if you have the chance to major in economics or business and minor in accounting, then definitely go for that.
Answer 2 :
In the paper it was saying that current crops of kids don't have the proper grounding in maths. People with degrees in maths walk into good jobs in the city. Economics and accounting are much weaker.
Answer 3 :
visit my blog okay www.gbp-usd.blogspot.com
Answer 4 :
PhD.
Answer 5 :
I would study economics for sure. Accounting is only really useful if you want to use those skills within analyst role looking at financial reports or if you want to work in a back office role at a hedge fund. If you are a trader you have to incorporate moves in interest rates and linked economies into your models and daily decisions/screens so it is far more critical to outperformance. Here is my hedge fund job advice article: http://richard-wilson.blogspot.com/2007/10/hedge-fund-jobs.html Here is my hedge fund employment/job guide: http://richard-wilson.blogspot.com/2008/05/hedge-fund-employment.html Hope this all helps. - Richard Richard Wilson Hedge Fund Group (HFG)
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Investing - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Economics or business, but if you have the chance to major in economics or business and minor in accounting, then definitely go for that.
Answer 2 :
In the paper it was saying that current crops of kids don't have the proper grounding in maths. People with degrees in maths walk into good jobs in the city. Economics and accounting are much weaker.
Answer 3 :
visit my blog okay www.gbp-usd.blogspot.com
Answer 4 :
PhD.
Answer 5 :
I would study economics for sure. Accounting is only really useful if you want to use those skills within analyst role looking at financial reports or if you want to work in a back office role at a hedge fund. If you are a trader you have to incorporate moves in interest rates and linked economies into your models and daily decisions/screens so it is far more critical to outperformance. Here is my hedge fund job advice article: http://richard-wilson.blogspot.com/2007/10/hedge-fund-jobs.html Here is my hedge fund employment/job guide: http://richard-wilson.blogspot.com/2008/05/hedge-fund-employment.html Hope this all helps. - Richard Richard Wilson Hedge Fund Group (HFG)
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Monday, May 28, 2012
help with accounting work please?
help with accounting work please?
I am doing a trial balance and trading account. In the trial balance I have bad debts of £4215 I have two particular things I have to do: further bad debts to be written off £3114 - would i deduct this amount from the bad debts I got? Lastly provision for doubtful debts established is 2% - would I add this 2% to the bad debt amount? Please help, it's for a coursework I'm doing I've done most parts of the accounting work..just can't understand the parts i mentioned above..so asking for advice.x
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The reason that you are doing this involves the word "work" Therefore I suggest that you get on and do some of this strange thing called "work" which is why you are doing the course that you are on.
Answer 2 :
This is a general answer: First, write off the known bad debts of 3114 Debit the Provision for Doubtful Accounts Credit Accounts Receivable. Now, look at the balance in Accounts Receivable. Take 2% of that number. That's what the balance should be in the Provision for Doubtful Accounts. Now you need to make whatever adjustment in the Provision for Doubtful Accounts to get it to be that 2% balance. It should be a credit balance. The offset to the adjustment to the Provision for Doubtful Accounts is the Bad Debt account. The balance right now in the Bad Debts account of 4215 is immaterial. When you are done with the 2 steps above, what ever the balance in Bad Debts is whatever it is. The whole point of the allowance method for accounting for bad debts is to make the balance of accounts receivable as accurate as possible(you write off any KNOWN bad debts.) You also ALLOW or PROVISION for unknown noncollectable accounts by making the Provision for Bad Debts account equal to 2% of the Accounts Receivable balance. How does that sound?
Answer 3 :
Step one: write off bad debts of 3114 Dr Allowance for doubtful debts (3114) Cr Accounts receivable (3114) Step two: Adjustment of bad debts based on 2% of A/R Dr Bad debts Expense ((A/R-3114)*0.02) Cr Allowance for doubtful debts ((A/R-3114)*0.02)
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I am doing a trial balance and trading account. In the trial balance I have bad debts of £4215 I have two particular things I have to do: further bad debts to be written off £3114 - would i deduct this amount from the bad debts I got? Lastly provision for doubtful debts established is 2% - would I add this 2% to the bad debt amount? Please help, it's for a coursework I'm doing I've done most parts of the accounting work..just can't understand the parts i mentioned above..so asking for advice.x
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The reason that you are doing this involves the word "work" Therefore I suggest that you get on and do some of this strange thing called "work" which is why you are doing the course that you are on.
Answer 2 :
This is a general answer: First, write off the known bad debts of 3114 Debit the Provision for Doubtful Accounts Credit Accounts Receivable. Now, look at the balance in Accounts Receivable. Take 2% of that number. That's what the balance should be in the Provision for Doubtful Accounts. Now you need to make whatever adjustment in the Provision for Doubtful Accounts to get it to be that 2% balance. It should be a credit balance. The offset to the adjustment to the Provision for Doubtful Accounts is the Bad Debt account. The balance right now in the Bad Debts account of 4215 is immaterial. When you are done with the 2 steps above, what ever the balance in Bad Debts is whatever it is. The whole point of the allowance method for accounting for bad debts is to make the balance of accounts receivable as accurate as possible(you write off any KNOWN bad debts.) You also ALLOW or PROVISION for unknown noncollectable accounts by making the Provision for Bad Debts account equal to 2% of the Accounts Receivable balance. How does that sound?
Answer 3 :
Step one: write off bad debts of 3114 Dr Allowance for doubtful debts (3114) Cr Accounts receivable (3114) Step two: Adjustment of bad debts based on 2% of A/R Dr Bad debts Expense ((A/R-3114)*0.02) Cr Allowance for doubtful debts ((A/R-3114)*0.02)
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Monday, May 14, 2012
what the difference between aat and degree in accounting?
what the difference between aat and degree in accounting?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ATA is a qualification for accounting support staff. it is not one of the professional bodies for Accountants If you have a degree in accounting I would try for qualification in the main bodies Chartered Accounts. Chartered and Certified Accountants Management Accountants
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Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ATA is a qualification for accounting support staff. it is not one of the professional bodies for Accountants If you have a degree in accounting I would try for qualification in the main bodies Chartered Accounts. Chartered and Certified Accountants Management Accountants
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Monday, May 7, 2012
If there are insufficient funds can a declared dividend be paid after the end of the accounting period.?
If there are insufficient funds can a declared dividend be paid after the end of the accounting period.?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The dividend is only declared after the end of the accounting period when it is known that a profit has been made. If you mean that profit was made, dividends declared but now there is insufficient cashflow to pay the dividends then that is different. The dividends are a liability of the company once they have been declared so it would be up to the company to negotiate delayed payment if they don't have the funds.
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Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The dividend is only declared after the end of the accounting period when it is known that a profit has been made. If you mean that profit was made, dividends declared but now there is insufficient cashflow to pay the dividends then that is different. The dividends are a liability of the company once they have been declared so it would be up to the company to negotiate delayed payment if they don't have the funds.
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Tuesday, May 1, 2012
what subjects(qualifications) o you need to do Accounting?
what subjects(qualifications) o you need to do Accounting?
Careers & Employment - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Maths GCSE, A Level and a Maths Degree would be a start.
Answer 2 :
C.P.A. or Certified Public Accountant. You can get this or equiv- ilant at two year schools.
Answer 3 :
Maths for a start. Then a humour bypass.
Answer 4 :
You would need to get enought A levels to go to university and do an accountancy course couples with several other degree courses. It would probably be better to do an Honours Degree then go to be become an associate member of the accountancy organisation.
Answer 5 :
To do Accountancy at uni, you just need A levels, i applied after college and got an offer, that was without an A level in accountancy. If you dont fancy Uni (like i decided i didnt), lots of big firms offer an apprenticeship. For this you usually need really good A Level Grades, no one in particular though. I had Politics, biology and maths. The fact i had a maths A Level didnt make a difference though. The apprenticeship includes a kind of block release, where you go to college and study AAT (Association of Accounting Techincian). There are people at my firm, who did a degree in a completely opposite direction, such as geography or chemistry, the fact they had a degree (might i add a very good one) was what got them the job. So in conclusion, you dont need to have certain subjects, as long as you can show the accountancy firms/Uni/College your dedicated and smart, thats usually enough.
Answer 6 :
it depends on what qualifications you've got,what you rally want to do and what you're doing now.the basics are 5 O'levels,including maths and 2 A'levels,preferably accounting,management of business/business studies,maths,geography,economics(so long as they are not arts or sciences).you could also opt for proffessional courses like CIMA,ACCA,CIS or other local courses. you could also do articles with other accounting organisations/firms that allow you to do articles. i dont know whether i've been of help to you.you could try asking at any college or university,depending on where you want to study accounting-if that's what you want to do,they do help you decide or you could get a prospectus form any college or university.They usually show courses on offer and what is required for you to do that course or programme.
Answer 7 :
Need more info. Do you mean bookkeeping or accountancy? Do you want to be an auditor, tax specialist or general accountant? They all require pretty much the same basic qualifications before enrolment, but the particular qualification you choose will determine which course you take and which professional body suits your purpose.
Answer 8 :
this depends entirely on your situation. Any degree will do, it doesn't have to be finance related to enter for Accountancy exams (check out acca.co.uk). If you mean at Uni, check out some different uni's prospectus's and they will give you entry requirements, usually grades rather than specific subjects. Don't get bogged down in the specifics of what you want to specialise in just yet. Uni and ACCA/CIMA/CAT all have compulsary subjects to begin with so you can figure that out as you go along. But be ready for a challenge. My ACCA results are out next week and I am scared! Good luck with it though.
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Careers & Employment - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Maths GCSE, A Level and a Maths Degree would be a start.
Answer 2 :
C.P.A. or Certified Public Accountant. You can get this or equiv- ilant at two year schools.
Answer 3 :
Maths for a start. Then a humour bypass.
Answer 4 :
You would need to get enought A levels to go to university and do an accountancy course couples with several other degree courses. It would probably be better to do an Honours Degree then go to be become an associate member of the accountancy organisation.
Answer 5 :
To do Accountancy at uni, you just need A levels, i applied after college and got an offer, that was without an A level in accountancy. If you dont fancy Uni (like i decided i didnt), lots of big firms offer an apprenticeship. For this you usually need really good A Level Grades, no one in particular though. I had Politics, biology and maths. The fact i had a maths A Level didnt make a difference though. The apprenticeship includes a kind of block release, where you go to college and study AAT (Association of Accounting Techincian). There are people at my firm, who did a degree in a completely opposite direction, such as geography or chemistry, the fact they had a degree (might i add a very good one) was what got them the job. So in conclusion, you dont need to have certain subjects, as long as you can show the accountancy firms/Uni/College your dedicated and smart, thats usually enough.
Answer 6 :
it depends on what qualifications you've got,what you rally want to do and what you're doing now.the basics are 5 O'levels,including maths and 2 A'levels,preferably accounting,management of business/business studies,maths,geography,economics(so long as they are not arts or sciences).you could also opt for proffessional courses like CIMA,ACCA,CIS or other local courses. you could also do articles with other accounting organisations/firms that allow you to do articles. i dont know whether i've been of help to you.you could try asking at any college or university,depending on where you want to study accounting-if that's what you want to do,they do help you decide or you could get a prospectus form any college or university.They usually show courses on offer and what is required for you to do that course or programme.
Answer 7 :
Need more info. Do you mean bookkeeping or accountancy? Do you want to be an auditor, tax specialist or general accountant? They all require pretty much the same basic qualifications before enrolment, but the particular qualification you choose will determine which course you take and which professional body suits your purpose.
Answer 8 :
this depends entirely on your situation. Any degree will do, it doesn't have to be finance related to enter for Accountancy exams (check out acca.co.uk). If you mean at Uni, check out some different uni's prospectus's and they will give you entry requirements, usually grades rather than specific subjects. Don't get bogged down in the specifics of what you want to specialise in just yet. Uni and ACCA/CIMA/CAT all have compulsary subjects to begin with so you can figure that out as you go along. But be ready for a challenge. My ACCA results are out next week and I am scared! Good luck with it though.
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Saturday, April 28, 2012
Are my A-Level Subjects suitable for either a Law/Economics degree or a Law/Accounting degree?
Are my A-Level Subjects suitable for either a Law/Economics degree or a Law/Accounting degree?
my subjects are Economics, English, Accounting and Mathmatics. (prediced A, A, A, B if it helps)
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They seem ideal.
Answer 2 :
yes indeed. and with such predicted grades dont be suprised to get into a top 10 uni in the u.k.(if not top 5) ...all u need is any 3 a/lelvles to do most undergradute courses.. but since your courses are linked with wat u want to do after..then yh mate ur in a good position.. hope this helps btw im planning to study accounting & managment at reading uni :-)
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my subjects are Economics, English, Accounting and Mathmatics. (prediced A, A, A, B if it helps)
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They seem ideal.
Answer 2 :
yes indeed. and with such predicted grades dont be suprised to get into a top 10 uni in the u.k.(if not top 5) ...all u need is any 3 a/lelvles to do most undergradute courses.. but since your courses are linked with wat u want to do after..then yh mate ur in a good position.. hope this helps btw im planning to study accounting & managment at reading uni :-)
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Saturday, April 14, 2012
Which University is better for Accounting And finance Degree ? In London - Uk / Sandwich / Salary / money?
Which University is better for Accounting And finance Degree ? In London - Uk / Sandwich / Salary / money?
Dear sir/madam, I am a student and have to apply for a uni. I can go to these universities from my home. What uni is the Best one among these unis? 1) Brunel 2) Kingston 3) Kent 4) London south Bank 5)Surrey 6) London Metropolitan 7) Greenwich 8) Hertfordshire university 9) Univerisity of East London Another Question pls - What type is bettter? A full time 3 year Accounting Degree course or 4 Year Sandwich Course Degree Course ? All i want to become a Chartered accountant quickly n earn some good money. Cuz i want to direct a film in sri lanka. i need about £ 50 k for that. so thats y i have chosen to do Accounting. How much a newly graduated accountant earn per year ? Thanks very much Have a nice day. James bond ( sri lankan )
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Contact your local Information Advice Guidance worker - you can find their details at the library or your local prospects office. They will be able to answer all of your questions accurately Good luck
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Dear sir/madam, I am a student and have to apply for a uni. I can go to these universities from my home. What uni is the Best one among these unis? 1) Brunel 2) Kingston 3) Kent 4) London south Bank 5)Surrey 6) London Metropolitan 7) Greenwich 8) Hertfordshire university 9) Univerisity of East London Another Question pls - What type is bettter? A full time 3 year Accounting Degree course or 4 Year Sandwich Course Degree Course ? All i want to become a Chartered accountant quickly n earn some good money. Cuz i want to direct a film in sri lanka. i need about £ 50 k for that. so thats y i have chosen to do Accounting. How much a newly graduated accountant earn per year ? Thanks very much Have a nice day. James bond ( sri lankan )
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Contact your local Information Advice Guidance worker - you can find their details at the library or your local prospects office. They will be able to answer all of your questions accurately Good luck
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Saturday, April 7, 2012
i just want 2 know that for accounting course in university how many days do i need 2 attend?
i just want 2 know that for accounting course in university how many days do i need 2 attend?
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You don't say what university, what country, or what course it is, so nobody can tell you that. You need to give a lot more information.
Answer 2 :
Depends on the credit hours and semester schedule. Nearly everyone in a normal fall/spring semester has 3 hours of lecture/week for a 3 credit hour class. Accounting is not a subject I'd skip classes on either, excellent recipe to fail.
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Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You don't say what university, what country, or what course it is, so nobody can tell you that. You need to give a lot more information.
Answer 2 :
Depends on the credit hours and semester schedule. Nearly everyone in a normal fall/spring semester has 3 hours of lecture/week for a 3 credit hour class. Accounting is not a subject I'd skip classes on either, excellent recipe to fail.
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Sunday, April 1, 2012
How does e-commerce software work in integrating accounts and can i do it myself?
How does e-commerce software work in integrating accounts and can i do it myself?
I am looking into selling over the internet and use Pegasus accounting software. Is it possible for me to link the data in the accounts package with the company website? Do i need to purchase hardware/software in order to do this?
Software - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
First of all, think if you will earn enough money with that way! Then.. All you need is a PayPal account and a website. With paypal you can receive payments by your customers. Paypal is the safest and most popular site for transferring money though the web. Its free to sign up there, you can even add buttons to your site, like buy it now donate, add to cart and a lot more buttons that merchants use. Its so easy to use! You can sign up here https://www.paypal.com/cy/mrb/pal=449KYB3Y255HN Then you need a website. You can sign up for a free blog, it will have .blogspot.com in the end, but thats until you get used to editing your site. It's really simple, you just need some time to find out what to do! It has all the gadgets you need(Offers, search, list, images anything) and its easy to use! You can even find guides by searching on Google! Sign up here: www.blogger.com After you decide that you don't want the .blogger.com you can remove it and keep your domain, www.urlofsite.com by paying 10$ to blogger! Also, after you made your shop, advertise it. Search here on yahoo answers for people wanting the items you sell and link your blog (Only if that's what they want) so you can get more traffic! That's all!
Answer 2 :
if your are looking to sell check this site, it's free http://www.muncom.com best regards!
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I am looking into selling over the internet and use Pegasus accounting software. Is it possible for me to link the data in the accounts package with the company website? Do i need to purchase hardware/software in order to do this?
Software - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
First of all, think if you will earn enough money with that way! Then.. All you need is a PayPal account and a website. With paypal you can receive payments by your customers. Paypal is the safest and most popular site for transferring money though the web. Its free to sign up there, you can even add buttons to your site, like buy it now donate, add to cart and a lot more buttons that merchants use. Its so easy to use! You can sign up here https://www.paypal.com/cy/mrb/pal=449KYB3Y255HN Then you need a website. You can sign up for a free blog, it will have .blogspot.com in the end, but thats until you get used to editing your site. It's really simple, you just need some time to find out what to do! It has all the gadgets you need(Offers, search, list, images anything) and its easy to use! You can even find guides by searching on Google! Sign up here: www.blogger.com After you decide that you don't want the .blogger.com you can remove it and keep your domain, www.urlofsite.com by paying 10$ to blogger! Also, after you made your shop, advertise it. Search here on yahoo answers for people wanting the items you sell and link your blog (Only if that's what they want) so you can get more traffic! That's all!
Answer 2 :
if your are looking to sell check this site, it's free http://www.muncom.com best regards!
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Wednesday, March 28, 2012
Is America Accounting Properly For Iraqi Oil That Is Being Pilfered?
Is America Accounting Properly For Iraqi Oil That Is Being Pilfered?
Other - Politics & Government - 9 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, because they neglected to install proper meters. They have no idea how much is being lost. This means they don't know how much oil flow through the pipes compared to how much came out at the end. I heard this on NPR
Answer 2 :
What do you think? No, obviously!
Answer 3 :
ever been to iraq? if the answer is yes, then go back there and look at the country and ask that again.....if no....then dont worry about it. there are to many iraqis and soldiers bleeding to death everyday to worry about oil.
Answer 4 :
Sure, there is no accounting because they did not take any.
Answer 5 :
If they took Oil for the next Ten years it wouldn't compensate them enough for the loss of Human Life and War Materials......
Answer 6 :
If they did that Halliburton and Big Oil Companies will have to show how much they have stolen and pilfered under the pretext pf re-building IRAQ????????. No that will NEVER happen under the crooked administration of GW BUSH !!!
Answer 7 :
i`ve heard shell,esso and bp are trying to keep oil reserves for next 30 years.
Answer 8 :
The USA is the occupying power and takes what it likes and that means everything and anything. I spoke to a tanker Captain and he said every drop of oil loaded at Basrah goes direct to the USA. (currently approx 3million BPD) USA officials run the Oil Ministry in Baghdad and the Ministry is surrounded by US troops. The only clearing bank in Iraq (TBI) is run by the USA (JP Morgan) the other Iraq banks cant get a licence. The Iraqi Central Bank (CBI) has no money and cannot issue guarantees etc it must use TBI who do not cooperate. The whole issue is a disgrace and a pure capitalist and imperialist exploitation of Iraq, one of the oil richest countries in the world where currently its people have no water, food, electricity, eduction or jobs. Where they cannot trace billions of dollars that are missing? All thanks to the new puppet government installed by the USA. The answer to your question: NO and they never will or they would have to admit to theft of a nations assets and would have to repay it.
Answer 9 :
The US is doing the pilfering - its main unstated reason for the war in Iraq.
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Wednesday, March 14, 2012
Accounting issues in Romania?
Accounting issues in Romania?
Im currently doing a report on whether or not to invest in Romania and part of the task is to analyse accounting issues. Does anyone have an idea of what accounting issues would be when considering an investment in an emerging economy, particularly Romania. Any ideas to get me started would be great!
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Don't bog yourself down with such minute issues like accounting methods. Just remember that about 10% of the money will be required to be spent on miscellaneous greasing of hands...don't worry, nothing mob related...it's just the way things are done over there. Other than that...GO FOR IT. Romania has experienced a major upswing in just about every facet of the economy. Real Estate is still hot, development of factories, shopping malls and office buildings is en vogue. You have a very educated workforce, which is also street smart, and is dedicated to doing well and competing with Western Europe in production and earnings. Since Romania joined the EU, they are also building new infrastructure to help along the hot economic environment. Also, the EU will not let them play around with unorthodox accounting methods (except for my explanation above) so you will encounter a very professional and savvy business practices. I would recommend you find an International Accounting firm working in Bucharest or any of the major cities if you're worried. So, get the money ready and invest. Given the state of the DOW, even a small return is better than taking a blood bath. Ciao.
Answer 2 :
I don’t know about specific issues relating to Romania but I would suggest developing countries would have less formal regulation and enforcement of the accounting standards which means it would be difficult to tell if a set of accounts gave a true and fair view of the actual financial position of a company which would make it hard to evaluate whether you could achieve a good return on your investment. Companies may present their P&L and B/S in different formats also which would make comparisons very difficult. Hope this helps a little to get you started.
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Im currently doing a report on whether or not to invest in Romania and part of the task is to analyse accounting issues. Does anyone have an idea of what accounting issues would be when considering an investment in an emerging economy, particularly Romania. Any ideas to get me started would be great!
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Don't bog yourself down with such minute issues like accounting methods. Just remember that about 10% of the money will be required to be spent on miscellaneous greasing of hands...don't worry, nothing mob related...it's just the way things are done over there. Other than that...GO FOR IT. Romania has experienced a major upswing in just about every facet of the economy. Real Estate is still hot, development of factories, shopping malls and office buildings is en vogue. You have a very educated workforce, which is also street smart, and is dedicated to doing well and competing with Western Europe in production and earnings. Since Romania joined the EU, they are also building new infrastructure to help along the hot economic environment. Also, the EU will not let them play around with unorthodox accounting methods (except for my explanation above) so you will encounter a very professional and savvy business practices. I would recommend you find an International Accounting firm working in Bucharest or any of the major cities if you're worried. So, get the money ready and invest. Given the state of the DOW, even a small return is better than taking a blood bath. Ciao.
Answer 2 :
I don’t know about specific issues relating to Romania but I would suggest developing countries would have less formal regulation and enforcement of the accounting standards which means it would be difficult to tell if a set of accounts gave a true and fair view of the actual financial position of a company which would make it hard to evaluate whether you could achieve a good return on your investment. Companies may present their P&L and B/S in different formats also which would make comparisons very difficult. Hope this helps a little to get you started.
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Wednesday, March 7, 2012
i'm about to start a foundation degree in accounting?
i'm about to start a foundation degree in accounting?
has any one doent his before, how did you find it and is there anything that i will need e.g my own laptop/computer, printer etc thanks in advance
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i am at uni and my friend is doing this degree. well best to get a laptop because you never find any spare computers at uni. and always get books for quotes first as just before the deadlines all the good books go from the library. good luck
Answer 2 :
I am doing a foundation Degree in a different subject to you and I have not got a lap or anything like that. I just use the computer that I have at home and the ones at University. The work is hard and the rewards are great. My tutor once said the me "you are at university, the work is hard, get used to it if you want your cap and gown". I have just passed my first year. This is the biggest achievement for me because I am Deaf. Good look in your studies.
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has any one doent his before, how did you find it and is there anything that i will need e.g my own laptop/computer, printer etc thanks in advance
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i am at uni and my friend is doing this degree. well best to get a laptop because you never find any spare computers at uni. and always get books for quotes first as just before the deadlines all the good books go from the library. good luck
Answer 2 :
I am doing a foundation Degree in a different subject to you and I have not got a lap or anything like that. I just use the computer that I have at home and the ones at University. The work is hard and the rewards are great. My tutor once said the me "you are at university, the work is hard, get used to it if you want your cap and gown". I have just passed my first year. This is the biggest achievement for me because I am Deaf. Good look in your studies.
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Thursday, March 1, 2012
I am a U.S citizen with an accounting degree. How can i find work in the UK?
I am a U.S citizen with an accounting degree. How can i find work in the UK?
Immigration - 10 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
screw the UK we need you here in the good ol USA
Answer 2 :
Search the job ads in the online versions of the newspapers, then apply. Alternatively, you might try to get hired by an American company with business in Britain.
Answer 3 :
Join the army. It's bound to be our turn to be invaded eventually
Answer 4 :
christ ....we all want out!!! ITS A RIGHT SHIT HOLE OVER HERE!
Answer 5 :
Sorry about this my friend but if you have a accounting degree I'm sure you don't need our help ,you mus have lots of friends who advise you,this is not the place for you as we are just mere mortals on this site
Answer 6 :
Don`t come here, this country is well and truly f***ed up.
Answer 7 :
to be honest with you your degree will pay you more by not comming here . it is a hard place to make a living just now, but if your set on trying it. you should go on the net and find accounting companies whom are recuiting.. please dont belive the hype. its not good here at all. several of my friends accounting buisness'es have gone under lately
Answer 8 :
Create your CV and upload it to the job search sites below, dozens of angencies will start emailing you their clients vacancy's. You will need a work visa stamped into your passport in order to get a National Insurance Number from the Governments JOB Centre plus Department as your employer will not employ you without it. If you can't get a work visa you could do freelance contract work. Some of the Job agency's will employ you and send you out to various clients if you can convince them that your work visa is comming in a few months once your application is approved. (tell them you are getting unlimited right to remain visa as a partner of a UK citizen) I know somone who did this for 6 months before they insisted on seeing the proof and then they were let go until the right visa was issued. The e-Cvs will send your CV to 1000's of recruitment agencys once a month, their service costs about $150 for their all in package. I used them and got good results. http://www.e-cvs.net/ http://www.Fish4jobs.co.uk http://www.Thegrocer.co.uk http://www.RetailCareers.co.uk http://www.jobjobbed.com/ http://www.totaljobsmail.co.uk http://www.monster.co.uk http://www.jobcentreplus.gov.uk/JCP/index.html http://www.search.co.uk
Answer 9 :
Exactly the same way you would find work in the US. Online job listings, researching the relevant recruitment companies, making contacts with recruiters, be prepared for a lot of 4am phone calls to london offices. The other way is to find work with a US multinational, base yourself in the US for a few years, then apply for a transfer overseas.
Answer 10 :
Should be easier for you to find employment here in the U.S., especially after the passage of Sarbanes-Oxley Act.
Read more other entries :
Immigration - 10 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
screw the UK we need you here in the good ol USA
Answer 2 :
Search the job ads in the online versions of the newspapers, then apply. Alternatively, you might try to get hired by an American company with business in Britain.
Answer 3 :
Join the army. It's bound to be our turn to be invaded eventually
Answer 4 :
christ ....we all want out!!! ITS A RIGHT SHIT HOLE OVER HERE!
Answer 5 :
Sorry about this my friend but if you have a accounting degree I'm sure you don't need our help ,you mus have lots of friends who advise you,this is not the place for you as we are just mere mortals on this site
Answer 6 :
Don`t come here, this country is well and truly f***ed up.
Answer 7 :
to be honest with you your degree will pay you more by not comming here . it is a hard place to make a living just now, but if your set on trying it. you should go on the net and find accounting companies whom are recuiting.. please dont belive the hype. its not good here at all. several of my friends accounting buisness'es have gone under lately
Answer 8 :
Create your CV and upload it to the job search sites below, dozens of angencies will start emailing you their clients vacancy's. You will need a work visa stamped into your passport in order to get a National Insurance Number from the Governments JOB Centre plus Department as your employer will not employ you without it. If you can't get a work visa you could do freelance contract work. Some of the Job agency's will employ you and send you out to various clients if you can convince them that your work visa is comming in a few months once your application is approved. (tell them you are getting unlimited right to remain visa as a partner of a UK citizen) I know somone who did this for 6 months before they insisted on seeing the proof and then they were let go until the right visa was issued. The e-Cvs will send your CV to 1000's of recruitment agencys once a month, their service costs about $150 for their all in package. I used them and got good results. http://www.e-cvs.net/ http://www.Fish4jobs.co.uk http://www.Thegrocer.co.uk http://www.RetailCareers.co.uk http://www.jobjobbed.com/ http://www.totaljobsmail.co.uk http://www.monster.co.uk http://www.jobcentreplus.gov.uk/JCP/index.html http://www.search.co.uk
Answer 9 :
Exactly the same way you would find work in the US. Online job listings, researching the relevant recruitment companies, making contacts with recruiters, be prepared for a lot of 4am phone calls to london offices. The other way is to find work with a US multinational, base yourself in the US for a few years, then apply for a transfer overseas.
Answer 10 :
Should be easier for you to find employment here in the U.S., especially after the passage of Sarbanes-Oxley Act.
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Tuesday, February 28, 2012
Looking for a company in london that trains individuals to pass recruitment process in big 4 accounting firms
Looking for a company in london that trains individuals to pass recruitment process in big 4 accounting firms
Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I don't suppose you've considered going to University first, have you?
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Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I don't suppose you've considered going to University first, have you?
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Tuesday, February 14, 2012
which business degree has the least amount of accounting, finance and economics in the course?
which business degree has the least amount of accounting, finance and economics in the course?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I know on my degree programme (Business Management) you can choose which modules you want to do, avoiding the finance if you really want to (I did!). However, there are compulsory modules, which normally involve one finance based module. To be honest its probably worth having at least one anyway. Just do a bit of research into the courses at your preferred unis. Chances are you can select modules that interest you and avoid those that don't.
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Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I know on my degree programme (Business Management) you can choose which modules you want to do, avoiding the finance if you really want to (I did!). However, there are compulsory modules, which normally involve one finance based module. To be honest its probably worth having at least one anyway. Just do a bit of research into the courses at your preferred unis. Chances are you can select modules that interest you and avoid those that don't.
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Tuesday, February 7, 2012
Recommended accounting qualification?
Recommended accounting qualification?
I am aiming to start an AAT?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
if you want to be an accountant, and not an accounts assistant for a number of years, then forget about the technician course and go directly to an accounting body. which one you decide will depend on what you want at the end, IE ACCA is for auditing, CIMA is more finance business management, (thats the 1 I'm studying), the is also CPA for public sector or ACA, that's chartered. do your research into each 1, decide on the type of work you want to make a career out of, and save yourself a number of years and get straight to it. good luck with what you decide
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I am aiming to start an AAT?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
if you want to be an accountant, and not an accounts assistant for a number of years, then forget about the technician course and go directly to an accounting body. which one you decide will depend on what you want at the end, IE ACCA is for auditing, CIMA is more finance business management, (thats the 1 I'm studying), the is also CPA for public sector or ACA, that's chartered. do your research into each 1, decide on the type of work you want to make a career out of, and save yourself a number of years and get straight to it. good luck with what you decide
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Wednesday, February 1, 2012
i want to do AAT (association of accounting technicians) how much its cost me?
i want to do AAT (association of accounting technicians) how much its cost me?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It depends whether you do it at a college or through a distance learning program and also which level you want to do. An example would be the middle level through distance learning is costing a friend of mine £2000.
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Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It depends whether you do it at a college or through a distance learning program and also which level you want to do. An example would be the middle level through distance learning is costing a friend of mine £2000.
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Saturday, January 28, 2012
what is the drawings in financial accounting?
what is the drawings in financial accounting?
Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Drawings is any money taken out of the bussiness for the owners own personal use. Whilst these may be shown in the accounts they would not be deducted as expenses for tax purposes.
Answer 2 :
drawings is :- 1.funds taken by director/shareholder for personal use this is docked off his profit share.
Answer 3 :
take money out
Answer 4 :
It is where you draw money out of your own personal business account for your own salar
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Other - Business & Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Drawings is any money taken out of the bussiness for the owners own personal use. Whilst these may be shown in the accounts they would not be deducted as expenses for tax purposes.
Answer 2 :
drawings is :- 1.funds taken by director/shareholder for personal use this is docked off his profit share.
Answer 3 :
take money out
Answer 4 :
It is where you draw money out of your own personal business account for your own salar
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Saturday, January 14, 2012
i have got an a level accounting qualification what kind of job can i do?
i have got an a level accounting qualification what kind of job can i do?
Careers & Employment - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
......in a sweet factory, counting them.
Answer 2 :
It depends on your effort
Answer 3 :
Accounts assistant. $8/hr if u r pretty and pleasant, and willing to work in marsiling.
Answer 4 :
accounts clerk or book keeping will do .....
Answer 5 :
Perhaps accounting???
Answer 6 :
Take a gap year now and re think your life accountancy will bore you to your premature death!
Answer 7 :
At Berger King checking Berger's, because are are good a numbers
Answer 8 :
I would use it to get an accounts/finance assistant job, then back it up with maybe AAT then CIMA, ACA etc to become fully qualified. As this is when the big money can be earnt !
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Careers & Employment - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
......in a sweet factory, counting them.
Answer 2 :
It depends on your effort
Answer 3 :
Accounts assistant. $8/hr if u r pretty and pleasant, and willing to work in marsiling.
Answer 4 :
accounts clerk or book keeping will do .....
Answer 5 :
Perhaps accounting???
Answer 6 :
Take a gap year now and re think your life accountancy will bore you to your premature death!
Answer 7 :
At Berger King checking Berger's, because are are good a numbers
Answer 8 :
I would use it to get an accounts/finance assistant job, then back it up with maybe AAT then CIMA, ACA etc to become fully qualified. As this is when the big money can be earnt !
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Saturday, January 7, 2012
What is the big 10 accounting firms?
What is the big 10 accounting firms?
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Not sure about big 10, but here are big 4. Deloitte Touche Tohmatsu Ernst & Young KPMG PricewaterhouseCoopers
Answer 2 :
The above answer is correct. The big 10 were a group of companies who have since merged (Coopers Lybrand with Price Waterhouse, Arthur Young with Ernst & Whitney) or gone out of business (Arthur Anderson). Now noone talks big 10, only big 4.
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Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Not sure about big 10, but here are big 4. Deloitte Touche Tohmatsu Ernst & Young KPMG PricewaterhouseCoopers
Answer 2 :
The above answer is correct. The big 10 were a group of companies who have since merged (Coopers Lybrand with Price Waterhouse, Arthur Young with Ernst & Whitney) or gone out of business (Arthur Anderson). Now noone talks big 10, only big 4.
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Sunday, January 1, 2012
as an employee in the accounting field ...which accountants are more in demand?
as an employee in the accounting field ...which accountants are more in demand?
which group of accountants are more in demand those in the Taxation field or those in the Corporate finance field ..and at the end of the day which one's make more money??
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The Accountancy field is currently satured with qualified and unqualified accountants and in this recession, there are so many unemployed accountants that salary scales have gone down to the worst ever! Employers are ruthless and are taking advantage of the current situation to offer accountants peanuts for very complex roles. They also expect accountants to work longer hours for less money. However if you have specialised in either of the two fields below you will stand an excellent chance of not only getting employment immediately but also earning very good rates: 1. Forensic Accountant 2. Insolvency Accountant Anything else and you are wasting your time because there will be at least 20 unemployed accountants competing for that job and willing to work for half the price that you might have in mind.
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which group of accountants are more in demand those in the Taxation field or those in the Corporate finance field ..and at the end of the day which one's make more money??
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The Accountancy field is currently satured with qualified and unqualified accountants and in this recession, there are so many unemployed accountants that salary scales have gone down to the worst ever! Employers are ruthless and are taking advantage of the current situation to offer accountants peanuts for very complex roles. They also expect accountants to work longer hours for less money. However if you have specialised in either of the two fields below you will stand an excellent chance of not only getting employment immediately but also earning very good rates: 1. Forensic Accountant 2. Insolvency Accountant Anything else and you are wasting your time because there will be at least 20 unemployed accountants competing for that job and willing to work for half the price that you might have in mind.
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