answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

What kind of Personality do a accountant need?

gay one


How much money does an accountant make in a year?

The amount of money an accountant makes depends on where the accountant is working (what country, what part of the country), what kind of company he works for and her experience and technical qualifications. Some can make $120,000 to $260,000, but some make a good deal less.


What kind of maths is needed for accounting?

Fundamental math skills are needed for a job in accounting. An accountant must know how to add, subtract, divide, multiply, and do fractions.


What is the process of preparing an audit?

The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?


My name is on the Deed not on the mortgage How do I doc this on my taxes to receive partial credit on the mortgage interest if I assisted in making the mortgage payments?

You'll have to consult your tax advisor on this but typically from a lender point of view if you are not on the note than you don't have rights to an interest deduction come tax time. However, if you have an accountant who tells you different, than you'll have to produce cancelled checks or a statement of some kind to show your share of the mortgage payment being made directly to the lender. If it was paid payable to someone else than it is looked at as paying rent, which is this case would not get you a mortgage interest deduction.