Tuesday, January 28, 2014

How much could i expect to earn once i become a chartered accountant?

How much could i expect to earn once i become a chartered accountant?
I am starting a degree in accounting then hopefully will go on to become chartered once i finish my degree. Thankidoodles.
Financial Services - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Starting salaries vary considerably, depending on the location and size of the firm and the sector. Starting salaries range between £19,000 and £25,000
Answer 2 :
The pay in London starts at around 25 K. After 10 or 15 years you can expect 100 k plus if you pass all the exams, you're good at what you do, you're prepared to work around 50 hours a week and you work for a big firm. Public sector accountants and ones at small companies usually work less hours and earn less than ones at big accounting companies though.
Answer 3 :
over £40,000 if you work for a good firm.
Answer 4 :
In Canada, first year auditors get around $50k, but you get a substantial increase once you get your charter.
Answer 5 :
According to Annual Salary Survey of the Leinster Society of Chartered Accountants/The Accountants Panel,An Irish chartered accountant who qualified in 2001 and is employed in the industrial and commercial sector earns an average remuneration package of €94,700 a year. In India, Salary paid to a candidate selected in Campus is Rs. 27.00 lacs, Accountants’ Starting Pay is £45000 in U.K.
 
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Tuesday, January 14, 2014

What do i need to do to become a Chartered Certified Accountant?

What do i need to do to become a Chartered Certified Accountant?
Well i'm currently in year 11 doing my gcses and planning to take A level Business, Maths, ICT and English Language. After my two years of sixth form and i have acheived 4 As from these subjects would it be a good idea to study a Accountancy course at university while taking the ACCA qualification? Would this be a good way to start my career? if not what would you suggest?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You do a degree in Accountancy followed by the ACCA course. Having the degree exempts you from the first few exams in the ACCA. Best way is to get hired by a good Accountancy practice who will put you through those exams while you work - saves a lot of money.

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Tuesday, January 7, 2014

What qualifications do you need to get to become an accountant?

What qualifications do you need to get to become an accountant?
Im only a fourth year and was wondering what you need to do and get at your GCSE's and take on for A-Level? What Grades would i have to get in my GCSE's to obtain a place at University?
Primary & Secondary Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Well if you want to go to a good university you'll have to get good grades - preferably As and Bs. Accounting would be maths/finance related subjects like maths, accounting, economics etc.
Answer 2 :
It depends on the university. Some will have higher standards than others. Go on to some of the university sites that you are interested in and look at their undergraduate degree prospectus online and it should tell you the entry requirements so you will know what to aim for.

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Wednesday, January 1, 2014

How much does an accountant charge per day roughly?

How much does an accountant charge per day roughly?
I am doing some accounts and consultancy work for a company in a sector I have very strong experience and background in. What is a realistic figure I should be charging per day?
Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Can you see what other accountants have been charging them before? I'm an accountant but not in the UK so my rates are very different from yours.
Answer 2 :
Generally speaking, a consultant charges by the hour or by the job, not by the day. That said, most public accountants bill out their time for $100 + per hour, even higher for more experienced professionals. Whatever you decide on, make sure that you have a written contract with the company you're consulting for, explicitly outlining what job you are being hired to do and what the end product will be. Also, there should be some sort of contingency clause that allows you to exit the job if you can't complete it, and another contingency clause that allows you to make changes to the contract (with client approval) if the scope of the engagement changes during the project. Don't ever underestimate the legal repercussions of entering into a contract with someone. Maybe you could go to Nolo.com for some legal forms. Good luck!

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