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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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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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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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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