Friday, June 28, 2013

Looking for an accountant who can help with vat arrears for small company?

Looking for an accountant who can help with vat arrears for small company?
looking for an accountant to help take control of small business accounts and complete vat returns due from 2009. Urgent assistance required. Edinburgh and Midlothian area only.
Other - Taxes - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
im in glasgow but 2009 is now overdue and you would need time to go back and calculate bit all out is this on sage programme or what prograame does your accounting system use
Answer 2 :
Just look online in your area, there are plenty about. I found my Accountant online in my local area.

Read more other entries :

Friday, June 14, 2013

I have a BA Business degree, how long would it take to become an accountant?

I have a BA Business degree, how long would it take to become an accountant?
Degree was 4 year sandwich course, gained a 2:2. I have been told it would speed up some processes involved in becoming an accountant, any knowledge here would be great! for those unfamiliar with the term, a 'sandwich course' involves an industrial placement usually for a year. Questioned aimed at the UK 'scene'
Financial Services - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i'm not familiar with the degree terms you use. Over here in America, I'd suggest that your next step is to get a job doing accounting work. Don't hold out for working at a public accounting firm, just get a job doing the work in industry. GL
Answer 2 :
how many accounting courses did you take in college. Accounting majors usually require 24 credits to get a Bachelors degree in Accounting. You might be able to get a job as an accountant with your current degree if you've taken at least 4 courses, but it would probably be a lower level position and/or pay. It you take some courses part time evenings... What's a sandwich course?
Answer 3 :
I'm not aware that a general business degree will 'speed up' the process at all - you'll have to apply for positions as a trainee accountant. Graduates from accountancy degrees can gain exemption from some accountancy exams - which can speed up their training.
Answer 4 :
You don't say what sort of accountant you want to be. Assuming you wish to be a chartered accountant you need to apply to firms of chartered accountants who are registered with the Institute of Chartered Accountants in England and Wales (ICAEW) or Scotland or Ireland in order to obtain a training contract. You will then work for them while you study and train, they will have to pay for your exams/courses and give you study leave. Salary will be I guess around 12-15k. If you pass all exams 1st sitting you will qualify in 3 years. You may be exempted from some exams depending on the exact content of your degree. There are other bodies which train accountants notably ACCA, CIMA and CIPFA. Look on their websites about whats involved. Depending on your ultimate carrer choice may well impact on which qualification it would be best to go for eg CIPFA in public sector, ICAEW/ACCA in practice or CIMA/ACCA in industry. I know most about ICAEW as I work for a firm that trains them but it is not necessarily the best qualification for you.
Answer 5 :
I'd advise you to follow up your question with research. Here is one link to entry requirements: http://www.prospects.ac.uk/cms/ShowPage/Home_page/Explore_types_of_jobs/Types_of_Job/p!eipaL?state=showgrp&grpno=J1 You'll also be aware you can look at the regulatory bodies, like the ACCA.

Read more other entries :

Friday, June 7, 2013

I want to start a loan brokerage biz but have no experience but am a qualified accountant. Where do i start?

I want to start a loan brokerage biz but have no experience but am a qualified accountant. Where do i start?
I'm a qualified accountant with over 5 years experience post qualification. I want to start a mortgage/secured/unsecured loans business. I know that for mortgage brokering, i'll need to take some exams. But can I set up my business once I've taken the exams or are there other conditions to fulfil? For secured/unsecured lending, do I need to take any exams? Are there any other conditions to fulfil?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Depends on your state and the regulations needed (testing etc). It takes more than taking the application called the 1003. ANyone can learn it - but it would be best, to have a qualified loan processor and anothe rloan officer with you on board....There is alot to learn, I have been in the business for 6 years, and the market is tough - with everyone wanting to be in the business, and you get some that do not know what to do - from taking the application, talking to lenders, to qualifying them, to ordering title, ( the list is numerious) - Sounds like you will do fine - just study and learn all you can - and follow the RESPA laws to a tee - there are alot of bad LO's out there, that is just after the money, and are shady - gives the rest of us a bad name. Myself, like helping ppl and getting them out of a tough situation. And low fees up front.. Good luck to you, and your endever.
Answer 2 :
Please contact Business Eye in Wales, Business Link in England, or local council's regeneration department who will advice you on the best place for this information. I would suggest you would definitely need to be an IFA (Independent Financial Adviser) more exams, a licenced loan company under the DTI, as a debt collector and as a bailiff (more exams).

Read more other entries :

Saturday, June 1, 2013

Can somebody working as PA retrain to become an Accountant?

Can somebody working as PA retrain to become an Accountant?
I am working as a PA at a board level and truly hate it. Is it still possible for me to become an accountant? Would it be difficult to make this transition? I am 30 years old. I have a degree, but it's in languages, nothing to do with finance. I live in the UK.
Administrative and Office Support - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You can always change careers at any age, it all depend on the time you want to put in and the cost. Sometimes you just can't leave one field for another because you would have to start at the bottom of the new field and you may not be able to pay your bills on the new (often lower) salary. Also you have to consider how much it will cost to get trained in the new field. In your case you will need schooling in Finance. I suggest holding on to the current job as you train to be an account, then switch.
Answer 2 :
Of course you can! My degree was in History and Spanish and I now work as an Accountant for a manufacturing firm (I'm what they call Qualified by Experience). I've just this year decided to get round to taking my Accountancy exams in my spare time and am enjoying it thoroughly. I'm 36 by the way so I would say go for it!
Answer 3 :
Yes it is quite possible a lot has to due with your drive, initiative, and ability with numbers. It is not too late and many people are making many different kinds of switches. I hope this helps and wish you all the best in making the transition. Good luck

Read more other entries :