What does an accountant that works for a company and only does internal work for that company do all day?
Other - Business & Finance - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
be on the net!
Answer 2 :
pretends to look busy
Answer 3 :
You appear to have answered your own question. An accountant that does internal work, does internal accounting work for their company all day. For example, some internal accountants might handle interdepartmental billing between branches of the company.
Answer 4 :
Lots. If you come to my office, you can help me with my workload! ;)
Answer 5 :
I think your question will be dependent on the size of the company, and its complexity. It will also depend on the number of accountants employed, and the seniority of the accountant in question. In my experience of accountants at the lower level, they work in groups and do things like double entry bookkeeping. They ensure that expenses are within budget, and that everything has to have a receipt. At a higher level, accountants have to be more than a bean counter. This is the case for any professional at a higher level. Effectively, you are no longer an accountant at a higher level. Your accountancy skills are your background, but they are not the skills you will use in day to day executive warfare.
Answer 6 :
An internal accountant for a company looks after the finances of the business that they are working for. This will involve managing the cash flow of the business; analysing projects to ensure that they are profitable; financial planning for the business to minimise tax payments; budgeting; forecasting; staff management; as well as other things that are probably tailored depending on the position that they hold and the business that they are in.
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Monday, February 28, 2011
Monday, February 14, 2011
How boring is the job of a professional accountant?
How boring is the job of a professional accountant?
Well, I'm looking forward to do further studies in the field of accounting. I don't have an idea of how it is. Are there too much of numbers, like in the text books?hihi.. Is it really stressful? Can one be fed up with all the paper works? I know all jobs are stressful but i just want to get a notion of it. Help,.anyone?
Other - Careers & Employment - 0 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you are pursuing further studies in accounting study hard to be an accountant. Once you are there you may find it your piece of cake.
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Well, I'm looking forward to do further studies in the field of accounting. I don't have an idea of how it is. Are there too much of numbers, like in the text books?hihi.. Is it really stressful? Can one be fed up with all the paper works? I know all jobs are stressful but i just want to get a notion of it. Help,.anyone?
Other - Careers & Employment - 0 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you are pursuing further studies in accounting study hard to be an accountant. Once you are there you may find it your piece of cake.
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Monday, February 7, 2011
Is a chartered accountant going to uni worth it?
Is a chartered accountant going to uni worth it?
Basically in studying to become AAT qualified and then going on to become ACCA qualified (certified charted accountant), I am looking to open my own business in the future but was also curious as to whether going to university to study a branch of law relevant to business such as business law, property law or law in general would be useful. I've still got a few years to decide and I know how expensive and long uni is so I need to work out if it's worth it. Thanks in advance
Studying Abroad - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
your accountancy course should give you the law you need. you certainly don't need to plan to go until after you've qualified. Wait and see what job opportunities you have first.
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Basically in studying to become AAT qualified and then going on to become ACCA qualified (certified charted accountant), I am looking to open my own business in the future but was also curious as to whether going to university to study a branch of law relevant to business such as business law, property law or law in general would be useful. I've still got a few years to decide and I know how expensive and long uni is so I need to work out if it's worth it. Thanks in advance
Studying Abroad - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
your accountancy course should give you the law you need. you certainly don't need to plan to go until after you've qualified. Wait and see what job opportunities you have first.
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Tuesday, February 1, 2011
what are the differences between an accountant and a finance officer?
what are the differences between an accountant and a finance officer?
I want to know the terms of reference of the two
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Usually they are relatively the same. Though when you get down to the specifics: An accountant office will often be hired by a private company to either work with customers who need financial support. Or to help the company with it's finances. A finance officer would probably do the same thing. The difference between the two is really the same as the difference between accounting and finance. An accounting officer provides account management advice and a finance officer provides fiancancial advice. Their basically the same thing. when you go for a job in such an area, your presumed to have knowledge in the field. And can handle both accounting and finance.
Answer 2 :
An accountant is a qualifed professional, who will be a member of the relevant professional body, and will be required to follow their code of conduct when dealing with their clients. Their expertise lies in tracking and recording expenditure, advising on tax liability, recommending new ways of doing things to boost profits, reduce costs, etc. Accountants can work on their own account (or in partnership with others) to offer accountancy services to other organisations. Or they can be employed to work "in house" and look after their employer's affairs. A finance officer is an employee or member of an organisation whose job it is to look after the organisation's finances. They may be a qualified accountant, but they don't have to be. If they are not (and possibly even if they are) they will engage accountants to assist them with their work.
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I want to know the terms of reference of the two
Financial Services - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Usually they are relatively the same. Though when you get down to the specifics: An accountant office will often be hired by a private company to either work with customers who need financial support. Or to help the company with it's finances. A finance officer would probably do the same thing. The difference between the two is really the same as the difference between accounting and finance. An accounting officer provides account management advice and a finance officer provides fiancancial advice. Their basically the same thing. when you go for a job in such an area, your presumed to have knowledge in the field. And can handle both accounting and finance.
Answer 2 :
An accountant is a qualifed professional, who will be a member of the relevant professional body, and will be required to follow their code of conduct when dealing with their clients. Their expertise lies in tracking and recording expenditure, advising on tax liability, recommending new ways of doing things to boost profits, reduce costs, etc. Accountants can work on their own account (or in partnership with others) to offer accountancy services to other organisations. Or they can be employed to work "in house" and look after their employer's affairs. A finance officer is an employee or member of an organisation whose job it is to look after the organisation's finances. They may be a qualified accountant, but they don't have to be. If they are not (and possibly even if they are) they will engage accountants to assist them with their work.
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