Is their such thing as a assistant accountant ?
Well i believe i have all the skills to be an accountant but i don't want to dive into the deep end so is their such thing a assistant accountant ? and also do u need to study for it or what need INFO Please
Higher Education (University +) - 2 Answers
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Answer 1 :
Accounting Technician and yes you need to study for it
Answer 2 :
To be Honest ive never heard of an Assistant Accountant(or similar). Im sure you wont dive into the deep end straight away. In most jobs you work up a ladder. (Smaller tasks first and then the workload/difficulty is increase with experience) Well here are the basics for an Accountant: Work Activities Accountants help organisations and individuals manage their money. They examine financial records and statements and check them for accuracy. This allows them to provide their clients with a clear picture of their financial activities. All limited companies must, by law, be externally audited. An external audit is a check carried out by a qualified person who is not connected with the company. When doing an audit, the accountant has to examine accounting systems as well as check figures. Only accountants who hold a recognised audit qualification may work as registered external auditors. Some accountants specialise in taxation. Accountants work in various settings: ■industry and commerce where they tend to be based in one company ■public sector where they may work for bodies such as the National Health Service (NHS) or the local council ■private practice (sometimes known as public practice) where they work for firms of accountants whose clients can vary from individuals to commercial and government organisations. In both industry and the public sector, accountants are concerned with the day-to-day finances of their organisation. They provide analyses of costs and report on the future financial implications of management decisions. Some accountants who work for accountancy firms audit the accounts of their clients to ensure that the financial records give a true picture of the client's activities. Some accountancy firms also act as management consultants and advise clients on tax planning and ways to improve profits. Pay and Opportunities Salaries for accountants vary, depending on location and sector. The pay rates given below are approximate. According to a recent Institute of Chartered Accountants in England and Wales (ICAEW) survey, the average salary for accountants in England and Wales 2 years post qualification is £47,500 a year, rising to £52,000 for those 2-4 years post qualification, and up to £87,000 for those qualified 20 years or more. In Scotland accountants, on average, earn more than this in the North East (because of the influence of the oil industry) but less, on average, within the Central Belt. (Source: ICAS/CA Magazines survey) Banking and capital markets attract the highest salaries of around £94,000 average, for experienced accountants, while at the other end of the scale experienced accountants in manufacturing and engineering earn average salaries of around £68,000 a year. Government and not-for-profit organisations attract average salaries of around £55,000 a year, for experienced accountants. Accountants usually work 35-40 hours Monday to Friday. However, at peak times, they may need to work late or at weekends, for example, to produce monthly financial reports. Similarly, they may have to work extra hours to finalise accounts at the end of the financial year. Entry Routes and Training To qualify as an accountant, you need to register with one of the appropriate professional bodies. You then combine on-the-job training with part-time study and written examinations. Most accountancy trainees (about 90%) are graduates. Your degree need not be in accountancy. The relevant professional bodies are: (Careers Scotland website) ■Association of Chartered Certified Accountants (ACCA) ■Association of International Accountants (AIA) ■Chartered Institute of Management Accountants (CIMA) ■Institute of Chartered Accountants in Scotland (ICAS) ■Chartered Institute of Public Finan
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