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What are requirements to become a chatered accoutant tell you step by step?

To become a chartered account you need to be good at maths at first since you are dealing with numbers. The second step is to enroll a college or university that offers accountancy course. After you have completed, you need to get a little bit of experience with accounting firm. After that you can take an exam and get a certificate of chartered account. The entire process takes no more than 4 years. I guess you can find some chartered schools on this or on the net.


Is rent expense an other expense?

If rent is paid for any activity which is directly related with the primary business activity then rent is not other expense, but if rent is paid for activity which is not directly related to primary business activity then it is other expense.


How are the statistics revenue expense and operating budget related?

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What is the difference between cost and expense?

The difference between a cost and an expense lies on the matter of distinguishing and separately recognizing the used, utilized and expired portion of the cost, being that part is what we called an expense. An expense can also be described as a cost forgone since it is already been utilized and used. The expense is also recognized only in the income statement rather than in the balance sheet since utilization is recognized for a certain period of time. On the other hand, an unused or an unexpired cost is reported in the balance sheet as at a certain point of time. A costmight be an expense or it might be an asset. An expense is a cost that has expired or was necessary in order to earn revenues.


Why should accumulated depreciation be treated as expense?

It is treated as expense because it uses to allocate the related assets cost portion to profit and loss account due to usage of fixed assets for revenue generation in fiscal year.

Related Questions

What stress related situations may one encounter in chartered accountancy?

Stress related situations one may encounter as a Charted Accountant


How do you become a chartered accountant in Dubai?

To become a Chartered Accountant in Dubai, you need to enroll in institutions for CPA course in UAE. This CPA course has 4 exams - each paper training is about 36-42 hours. Once you pass these exams, you'll receive the certificate. You might have to enroll in a business related course, then get a professional certification in order to become a Chartered Accountant. Accountants at Flyingcolourtax are well trained certified professionals. you can visit their website " www . flyingcolourtax . com " ang get to know about their Accounting services in Dubai.


What is a chartered accountant?

The Chartered Accountants are entrusted with substantial responsibility under various legislation such as compulsory audit of the all companies, banks, stock brokers, big income-tax assesses, large bank borrower, etc. This shows the confidence and trust reposed by the Government and society in the profession. A Chartered accountant is one who is specialized in accounting, auditing and taxation. He also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession. The services of a CA are required in money matters even in a small business. Moreover according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India. A chartered accountant is a person who is accepted as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the Final examination of the Chartered accountancy course conducted by the institute. To know more about Chartered Accountant, visit this source in the Related Link below.


What are requirements to become a chatered accoutant tell you step by step?

To become a chartered account you need to be good at maths at first since you are dealing with numbers. The second step is to enroll a college or university that offers accountancy course. After you have completed, you need to get a little bit of experience with accounting firm. After that you can take an exam and get a certificate of chartered account. The entire process takes no more than 4 years. I guess you can find some chartered schools on this or on the net.


What are the chartered accountant qualifications?

The Qualifications required for a Chartered Finanacial Analyst included a bachelors degree, four years of work experience (in the field), become a CFA Member, and abide by all rules & codes.


Is job related material considered an expense?

Yes, job related material is an expense.


What other careers are related to cashier?

accountant


What steps should you follow to be a chartered accountant?

Here are the steps to follow to become a Chartered Accountant (CA): Complete Class 12 or equivalent with Commerce or Science with Mathematics as a subject. Register for the Common Proficiency Test (CPT) conducted by the Institute of Chartered Accountants of India (ICAI). Pass the CPT and register for the Integrated Professional Competence Course (IPCC). Clear both Group I and Group II of IPCC. Complete articleship training of 3 years under a practicing CA. Register for the Final Examination and clear both groups (I and II) of the same. Complete Practical Training of 2 years after clearing the final examination. Apply for the membership of ICAI. Tapasya College of Commerce and Management is one of the best college for CA coaching. Do checkout if you want to pursue your career in CA.


Is rent expense an other expense?

If rent is paid for any activity which is directly related with the primary business activity then rent is not other expense, but if rent is paid for activity which is not directly related to primary business activity then it is other expense.


How is fuel capture in accounting books?

fuel is a direct expense.direct expense is an expense which can be directly related with production.hence it is recorded as an direct expense in trading account.


Is the related party interest expense deductible?

Yes, related party interest expense may be deductible if it meets certain criteria set by tax laws and regulations.


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