Thursday, February 28, 2013

I have working experience of accounts and have been working with computerized accounting, if some one need me?

I have working experience of accounts and have been working with computerized accounting, if some one need me?

Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
looking in the anchorage news paper..
Answer 2 :
Sounds like this guy needs you: http://answers.yahoo.com/question/index;_ylt=AlmK_vBpIEEX59kjzz5X_Krzy6IX?qid=1006032200337
Answer 3 :
Hi Asif, Contact me .. I am looking for some good expertise to help file my taxes this year.
Answer 4 :
i am selling my farm property and i would like to know if i have to pay capital gains tax in the state of michigan? it is 56 acres and i have to pay the ex wife 50,000 dollars for divorce settlement, any info would be appreciated,, thank you

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Thursday, February 14, 2013

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 I’ve read that I should depreciate all my fixed assets: including the business premises. Why should I do this when they are going up in value?” Answer Jim’s questions, explaining in each case the entries required to the profit and loss account and the balance sheet, justifying the treatment in accordance with accounting principles
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
All assets depreciate as they get older. Even if they are going up in value, it is illegal to raise their value in the books. If you happen to sell your asset for more than the value you have it for on the books, you can mark the difference as profit. I'm a bit rusty. I don't remember everything from my accounting classes. Sorry. I know that the account for assets should stay at whatever you paid. Then a new account should be added for depreciation. then if you sell the asset, any profit or loss is marked in another account.
Answer 2 :
You have to depreciate assets, the depreciation is an expense in th P&L and then in the Bal Sheet you have to put in Fixed Assets as a title, underneath you need to state cost, the depreciation and then the NPV, you should consider mentioning SSAP 12 & FRS 15 which deals with the treatment of tangible fixed assets and depreciation of them. Also this is a great website to use http://www.accountingcoach.com/

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Thursday, February 7, 2013

Are there any universities in the uk where i can study joint actuary and accounting?

Are there any universities in the uk where i can study joint actuary and accounting?
except swansea
Studying Abroad - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, there are none other than Swansea. If you type accounting into the UCAS course search, none of them list actuarial studies and accounting, or a variant of this except for Swansea. I've done this for you: http://search.ucas.com/cgi-bin/hsrun/search/search/StateId/D7JZJ3_WVy-AD9xdbH5keu4YCk64o-Vo5B/HAHTpage/search.HsSearch.submitForm?txtSubject=accounting&cmbQual=&cmbAttend=&cmbInst=&button1.x=24&button1.y=11 See, only Swansea has it: http://search.ucas.com/cgi-bin/hsrun/search/search/StateId/D7JZJ3_WVy-AD9xdbH5keu4YCk64o-Vo5B/HAHTpage/search.HsSearch.submitForm?txtSubject=acturial+studies+and+accounting&cmbQual=&cmbAttend=&cmbInst= Since Swansea is not a prestigious university, I think it'd be better if you study just "Accounting" at a top school. League table is here: http://extras.timesonline.co.uk/tol_gug/gooduniversityguide.php?AC_sub=Accounting+and+Finance&sub=0&x=31&y=9 Don't always rely on league tables, but you can get the general idea from this. Employers hire you based on where you've graduated, not how specific your degree is, in this case.

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Friday, February 1, 2013

International Accounting Standards?

International Accounting Standards?
In relation to International Accounting standards is the ownership of a freehold to a business headquarters, more beneficial that leasing it?
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You question doesn't make much sense. IFRS is just a system for reporting financial performance, like any other GAAP. Whether owning or leasing a freehold property is "more beneficial" is dependent on the particular business and its long term needs. If a company owns a freehold, you will have an asset for the property and probably a loan (unless they can buy the property for cash). For a leasehold, there will be no asset, just annual lease payments and a disclosure of the lease commitments. This will be common to most GAAPs and isn't specific to IFRS.

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