Why you want to be an accountant
Why you want to be an accountant?
Expert
The stereotypical answer to this matter is that accountancy provides a respected professional qualification that can lead on to a broad range of opportunities in industry. This is all factual, however it does not answer the question of why you want to become an accountant - and when you give as common an answer as this, you can expect to be questioned in aspect on the nature of the requirement and the prospects you see it leading to.
A lot of the income of the bigger accountancy firms now comes from consultancy and associated services instead of from audit. Even in audit you will use much of your time visiting clients and ask questions, for this, good interpersonal skills are very important.
Accountancy is now a rapid changing profession, therefore they are looking for individuals with inventiveness who can administer change.
Incremental Cost: The raise or reduction in total costs which would result from a decision to raise or reduce output level, to add a service or task, or to modify any part of operations. This information aids in making decisions such
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
How to make a VAT entry in books including set off?
Cost Finding: Cost finding methods generate cost data by analytical or sampling techniques. Cost finding methods are suitable for certain type of costs, like indirect costs, items with costs underneath set thresholds in the programs,
Expenditure that increases the dollar amount of fixed assets on the balance sheet. These outlays either increase the value of assets already owned or add additional assets. The payments increase the future benefit of an asset by extending the life of the asset, increa
Full Cost: The sum of all costs needed by a cost object comprising the costs of activities executed by other entities in spite of of funding sources.
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
What do you mean by the term Reliability which is accounting information?
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Normal 0
18,76,764
1934799 Asked
3,689
Active Tutors
1445044
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!