It depends on whether or not you currently have a job. If you do, tell them where you work and to what capacity. It can only help you, as it allows them to know more about your skill set and experience.
If you do not currently have a job, it is best not to lie. An answer of "Searching for the job that's right for me" or "Currently looking for employment opportunities" will most likely suffice.
an effective way to add value is to identify impact areas where you can make a different for the customer or for your organization. your behaviour have a positive impact on your an organization performance and how you treat customers.
To renew Massachusetts CPA license, licensees have to complete 80 credit hours during a two-year period. As part of the 80 hours, 4 hours of professional ethics is required per reporting period.
Although you need a degree to become an accountant CPA EA etc.. you are not required to have a degree of any kind to professionally prepare tax returns for clients. However no self-respecting tax firm will not hire you without first testing your knowledge of the tax code and your proficiency with their tax program. To be able to pass these tests or even to know what to study for you should enroll in a tax course taught by a national tax preparation firm. Start looking in the newspaper in august and September for courses to be advertised. Some courses are free and some have a nominal cost. A good program will start at the very basics .. "name here" "ss number here" and work up from there. From personal experience I can tell you preparing taxes is a lifetime of learning, codes change from year to year and a large part of the job is researching IRS publications.
An auditor is a professional that accumulates and evaluates evidence to report on the degree a company's assertions comply with an established set of procedures or standards (criteria). Use of the title certified public accountant (CPA) is regulated by state law and individuals using this designation must be licensed in the state they practice auditing. Each state has their own regulations for becoming a CPA.
There are four primary types of auditors: certified public accounting firms, government accountability office auditors (GAO), internal auditors, and internal revenue agents.
In order to renew the Idaho CPA license, CPAs are required to complete 4 credit hours of ethics every 2 years.
It is possible to get an associates degree in Accounting. A bachelors degree or higher is required in order to take the exam to become a Certified Public Accountant. There are specific courses required to sit for the CPA exam. These are accounting and business courses. Specifics can be obtained by the State Board of Accountancy in your State.
Offices equipment such as computers , telephones ,photocopies and fax machines an accounting software
Five tips:
A senior accountant could work on any established business organization and some of the works for a senior accountant are; month end journal entries and preparing monthly and quarterly reconciliations.
A CPA is a Certified Public Accountant. CPA's need to meet specific requirements to maintain their status. They must maintain a certain level Continuing Professional Education (CPE). The American Institute of CPA's requires 120 hours of CPE training every three years.
Accountants typically convert fractions to decimals. They do this by dividing the fractions and getting a decimal number. Decimals are easier to work with in accounting.
. Malaysian Accounting Standards Board
Role of chartered accountants is to minimize cost and to maximize profit.
Accountancy is a service job not a management job and thus while professional, it does not wield power.
The accountant evaluates records drawn up by the bookkeeper and shows the results of this investigation as losses and gains, leakages, economies, or changes in value, so as to reveal the progress or failures of the business and also its future limitations and possibilities. Accountants must also be able to draw up a set of financial records and prescribe the system of accounts that will most easily give the desired information; they must be capable of arriving at a comprehensive view of the economic and the legal aspects of a business, envisaging the effect of every sort of transaction on the profit-and-loss statement; and they must recognize and classify all other factors that enter into the determination of the true condition of the business (e.g., statistics or memoranda relating to production; properties and financial records representing investments, expenditures, receipts, fiscal changes, and present standing). Cost accounting shows the actual cost, over a certain period of time, of particular services rendered or of articles produced; by this system unprofitable ventures, services, departments, and methods may be discovered.
Public Accountants, also known as Certified Public Accountants, or CPAs, offer a range of valuable financial services to their clients and employers. To become a Certified Public Accountant requires not only an education in accounting and other business areas, but at least a year's experience working in auditing and accounting under the guidance of another Certified Public Accountant. Becoming certified as a public accountant, though, also means passing an arduous exam that is designed to ensure that anyone with the Certified Public Accountant designation is fully competent in all areas of tax, accounting, and auditing.
You are most likely to find Certified Public Accountants at a Certified Public Accountant firm, which is staffed with these qualified financial professionals. Certified Public Accountant firms serve clients of all sizes, including businesses, not-for-profit organizations, and individuals, and charge an hourly rate for their services. The rate is typically based upon the expertise of the accountant or Certified Public Accountant who is working on the client's engagement, as well as the scope of the work involved.
Certified Public Accountants are best known for providing auditing services to major corporations. A Certified Public Accountant firm can verify that financial statements are materially free of misstatements for organizations ranging from mom-and-pop shops that are applying for loans to international publicly held organizations that must be audited to continue being listed on various exchanges. Not only do Certified Public Accountants audit financial statements, but they also audit the results of specific events, such as lottery drawings or even glamorous awards shows, like the Golden Globes.
You may know Certified Public Accountants as the individuals who prepare your personal tax return. Whether your income tax return is a simple Form 1040 or a complex one that includes exotic investments and detailed gains and losses, a Certified Public Accountant firm has accountants who are knowledgeable about the tax laws that can help to reduce or even eliminate your tax liability. As tax laws changes, Certified Public Accountants become valuable allies in ensuring that you are able to take advantage of the credits and deductions that are available from both the Internal Revenue Service and from your state taxing authority.
99 dollars per week The middle half of all accountants earned between $39,890 and $66,900 a year in 2004. The lowest-paid 10 percent earned less than $32,320. The highest-paid 10 percent earned more than $88,610 a year. Earnings of accountants depend on how long they have been working.
Average monthly will be about 50K for experienced managers
Ask others you know and trust who have similar needs to yours. If you are a business consultant, for example, and need advice not only on taxes but on what type of legal structure, ask others in your professional organizations who they use.
Do you belong to a chamber of commerce? Rotary? Consulting professional organization? Ask there.
Not only do you want to ask for referrals, but you also want to ask why they would recommend their CPA? Easy to communicate with? Thorough? Knowledgeable? Helpful with business advice?
Ask if they have ever had a problem with the CPA and how it was resolved.
Once you have three recommendations from trusted friends and colleagues, call and ask for an exploratory meeting. You should not pay for this...and you should not go in looking for free advice. This meeting is to see if you want to enter into a business relationship.
After three interviews with well-recommended CPA's you should be able to make a good choice.
Advantages:
There are lots of jobs available. Accountants were heavily recruited on my college campus.
You can work in almost any industry and any part of the country or world for that matter. The income is pretty good and there are many options of work structure available (i.e., part-time, full-time, self-employment, etc.)
You can study for the CPA exam and quickly elevate yourself to an "expert" (using that term loosely). Most of the general public don't realize that being certified as a CPA means you passed an 18 hour exam and you got a certificate based on that--whether you actually use it by being licensed in "public" accounting is another thing. If you do choose public accounting, you can do taxes, audit, or consulting and have clients that you work with (individuals or business).
Disadvantages:
The work itself can be tedious and boring if you are closing books or focusing primarily on financial reporting or some other routine that is the same each month. Doing financial analysis and project based work may be more rewarding for some people as there are some opportunities for more creativity.
The hours will defintely be long if you are working in public accounting as a tax accountant or auditor and they can be long in private industry if you are crunching on a deadline or it is budget season.