What is a Balance Sheep? An accountant was telling me about a Balance Sheep but what is it?
Corporations - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Balance Sheet Financial accounting, a balance sheet or statement of financial position is a summary of a person's or organization's balances. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a snapshot of a company's financial condition. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time. A company balance sheet has three parts: assets, liabilities and ownership equity. The main categories of assets are usually listed first, and typically in order of liquidity. Assets are followed by the liabilities. The difference between the assets and the liabilities is known as equity or the net assets or the net worth or capital of the company and according to the accounting equation, net worth must equal assets minus liabilities.
Answer 2 :
Tell him to talk properly Balance Sheet
Answer 3 :
It's when you have two sheep. One is heavier than the other so you have to work out how much to feed the other to make them balance. Very technical stuff and definitely not for beginners.
Answer 4 :
Now you know why you need an accountant.
Answer 5 :
Could it have been a balance sheet? Did you really misunderstand it that badly?
Answer 6 :
You must know what a balance beam is. You must know what a sheeps is - those wooly animals that eat grass. Put them together, train them for a bit, and you have a cheap animal act, for circuses that can't afford lion tamers or sea lions. And, if the act bombs, there is always mutton stew. Lions taste too gamy and sea lion are worse.
Answer 7 :
Balance sheet in financial accounting or statement of financial position is a summary of a person's or organisation's balances. Assets, liabilities and ownership equity are listed as of a specific date.
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Monday, April 28, 2014
Monday, April 14, 2014
whats the chances of becoming a successful millionnaire with businesses in accountant firms?
whats the chances of becoming a successful millionnaire with businesses in accountant firms?
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
uuurrrrrrrrrrrmmmmmmmmmmmmm about 2 ZILLION to 1
Answer 2 :
The problem is everyone wants to go into business for themselves.. Jobs now are generally sales orientated and the wages are crap. SO eveyone wants to go into buinsess for themselves.. THis is great for the government.. IF you are self employed your off the unemployment list.. Doesn't matter if you make a loss to them. Or have to work 150 hours a week to clear your overheads.
Answer 3 :
its mine, it was put in yours by error, can you send it to me please
Answer 4 :
Very good if you are willing to work long hours, find the right nitch market, work long hours, establish a broad client base, work long hours and provide great customer service. Did I mention work long hours? I work for a small (3 CPAs, 4 accountants, 5 administrative) accounting firm in a very small nitch (no other firm in the US specializes in the same market, although there are quite a few that offer the same services along with everything else). The firm owner recently built a $300,000 house without a loan. She also works 12 to 18 hours a day, and at least 4 to 6 hours on the weekend. She never leaves the office without at least one or two files in her backpack. It can be done, but be ready to work for it.
Answer 5 :
Not sure what your asking. Firstly you need to make the millions yourself and secondly the accountancy firm will want to train u and get a return from their investment. Maybe you will learn a thing or two which will help. Opportunity exists for all and success depends on personal effort.
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Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
uuurrrrrrrrrrrmmmmmmmmmmmmm about 2 ZILLION to 1
Answer 2 :
The problem is everyone wants to go into business for themselves.. Jobs now are generally sales orientated and the wages are crap. SO eveyone wants to go into buinsess for themselves.. THis is great for the government.. IF you are self employed your off the unemployment list.. Doesn't matter if you make a loss to them. Or have to work 150 hours a week to clear your overheads.
Answer 3 :
its mine, it was put in yours by error, can you send it to me please
Answer 4 :
Very good if you are willing to work long hours, find the right nitch market, work long hours, establish a broad client base, work long hours and provide great customer service. Did I mention work long hours? I work for a small (3 CPAs, 4 accountants, 5 administrative) accounting firm in a very small nitch (no other firm in the US specializes in the same market, although there are quite a few that offer the same services along with everything else). The firm owner recently built a $300,000 house without a loan. She also works 12 to 18 hours a day, and at least 4 to 6 hours on the weekend. She never leaves the office without at least one or two files in her backpack. It can be done, but be ready to work for it.
Answer 5 :
Not sure what your asking. Firstly you need to make the millions yourself and secondly the accountancy firm will want to train u and get a return from their investment. Maybe you will learn a thing or two which will help. Opportunity exists for all and success depends on personal effort.
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Monday, April 7, 2014
which job pays more salary Chartered accountant or the best type of Engineering?
which job pays more salary Chartered accountant or the best type of Engineering?
and how much do they earn. please answer. thank you
Other - Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Engineering pays the best
Answer 2 :
Comparing Best for Best, the Best chartered accountants will be the company accountants for very large organisations and they can earn lots more than the best level of engineer who does engineering. This is quite hard to answer though - chartered accountant could be a partner in an accounting firm and earn lots, or could be more of an accounts clerk and not earn as much, same with an engineer so tricky to compare the 2. Do what you think you will enjoy. If money is your Driving force, become an industrial diver in the north sea or nigeria - more money there than either will ever get, but risks and rewards come into play here, same with security in some of the less stable countries - Iraq and Afghanistan
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and how much do they earn. please answer. thank you
Other - Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Engineering pays the best
Answer 2 :
Comparing Best for Best, the Best chartered accountants will be the company accountants for very large organisations and they can earn lots more than the best level of engineer who does engineering. This is quite hard to answer though - chartered accountant could be a partner in an accounting firm and earn lots, or could be more of an accounts clerk and not earn as much, same with an engineer so tricky to compare the 2. Do what you think you will enjoy. If money is your Driving force, become an industrial diver in the north sea or nigeria - more money there than either will ever get, but risks and rewards come into play here, same with security in some of the less stable countries - Iraq and Afghanistan
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Tuesday, April 1, 2014
I want to be an accountant when I'm older, so what should I do for work experience?
I want to be an accountant when I'm older, so what should I do for work experience?
I know that it's work experience and not career experience and I also know that I won't be able to do companies accounts because I don't have the training etc. for it.
Primary & Secondary Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
something dull. street cleaning for example, no training, you just pick it up as you go along!
Answer 2 :
You can still apply for work experience in an accountants. most good companies wont give you just the menial jobs to do. My company like to get you to do things that will benefit you. Also apply for work experience in office environments to see how that operates. I don't see any point in doing work experience somewhere your not going to benefit from
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I know that it's work experience and not career experience and I also know that I won't be able to do companies accounts because I don't have the training etc. for it.
Primary & Secondary Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
something dull. street cleaning for example, no training, you just pick it up as you go along!
Answer 2 :
You can still apply for work experience in an accountants. most good companies wont give you just the menial jobs to do. My company like to get you to do things that will benefit you. Also apply for work experience in office environments to see how that operates. I don't see any point in doing work experience somewhere your not going to benefit from
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