The AICPA has an article about why accounting firms should blog, and it includes a nice list of existing accounting blogs.
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Just wanted to give everyone the heads up on this new site http://www.AccountantCareers.com – Seems like they have a lot of great listings.
How to prepare projected Trading, P&L and Balance Sheets
based on ratios alone for next financial year?
Ratio to Gross Profit: 20%;
Stock Turnover Ratio: 5 times;
Creditors: 3 months;
Average Debt Collection Period: 3months;
Current Ratio: 2
Proprietiry Ratio: 75% (Fixed Assets to capital Employed)
Capital Gearing Ratio: 30% (Pref Shares & Debuntures to Equity)
Net Profit to Issued Equity Capital: 10%
General Reserve and P & L to Issued Equity Capital: 2.5%
Pref Share Capital to Debuntures: 2
Cost of Sales consists of 50% matrials
Gross Profit: 100000
Tahnk you
Greenstein, Rogoff, Olsen & Co., LLP (http://www.groco.com) has put up a nice accounting community blog at http://community.groco.com/cs/ with articles from preventing irs audits, short sale, insourcing, ethics rules…etc.
We are living in a society that is very technology savvy and it’s important to integrate that technology in your business practices in order to move forward and compete. We need to break that image of being stuffy and create a new cutting edge image that attracts future graduates to the Accounting industry.
There’s also a business / accountancy blog here:
http://www.thebusinesslounge.co.uk
This Tom Alter, I am going to starting my own bookkeeping, accounting or tax practice? Please can one guide me for more resource.
Thanks, Tom
You can find good application and books and business also.
Please visit sites, it has complete information about accountancy.
http://instantpracticebuilder.com/
I have few more resources, Please send me message, I can send you more details.
Thanks, Tom Alter
Excel users should check out the powerful time saving Excel add-ins at http://www.datapresentation.com/ EZ-Format and EZ-Split are great for worksheet formatting and manipulation. Check out EZ-Formats bolded and shaded subtotals that can be modified on-the-fly to include a mix of any Excel’s 11 subtotal types plus Excel formulas for percent and average fields. Also check out EZ-Format’s time saving ability to automatically and identically format new data for the same fields in literally just seconds.
With the ridiculous price of paper and increasing cost of postage, it is no longer acceptable to mail your client a full tax organizer only to have them bring it back to you unopened!! I have used our Income Tax Organizer Envelope for over 15 years now. I only receive positive comments from both clients and colleagues and feel it is time to share such an inexpensive, simple tool.
All I do is attach a cover letter to the income tax organizer and send at the cost of one stamp. 90 % of my clients at the very least use the envelope to collect their documents as they receive them. They then seal the envelope and deliver at their convenience. It incourages drop off’s which allows for much more time to get actual work done.
Visit my website, http://www.incometaxenvelope.com and I promise you will love how simple this is.
If you’re looking for a dedicated accounting blog with a technology and futurist slant, look no further than http://www.accweb.com.au
Nice blog.
Young people looking to get into the accounting field often get discouraged because they have to start out at the bottom of the totem pole. Personally speaking, a friend of mine has his masters degree in Accounting and had to start out at a firm doing bookkeeping for $30k/year. Obviously it can be lucrative the longer you are in the profession, but fewer people are willing to wait very long to get to that point…especially considering the student loans that accrue while they learn about the profession.
I’ve compiled some good accounting articles on my website for all to review if anyone has interest…http://theaccountingreview.com.
what are the positive and negative aspects of accounting..
I need five thankyou
Mark -
Do you mean accounting in general?
Some pros are reliably high salary, recession-proof industry, prestige associated with working in an industry that is so highly regarded as “protectors” of the public interest, and nearly unlimited opportunities for advancement.
Some cons? Long hours, a “pecking order” which can take years to break out of, little recognition…
Definitely more pluses than minuses but in the end it is definitely a personal choice.
I have a question that has no bearing on the conversation, and no, I do not frequent this site.
Are accountants required to keep identity verification on their clients just in case of instances like IRS audits? And if so, does the IRS require this verification to be on file with the accountant?
An answer from an accountant would greatly appriciated.
kmll
I would have to agree with Adrienne, although I think accountants are seen in a better light than they used to be
I would add to that the significant flexibility to career and industry
How long does it take to become a professional accountant, and what is the totem pole mick speaks of?
You can join your CPA course at CPAcampus.They offer certification in public accounting at affordable price.
Professionals looking to pursue a career in accounting should consider going back to school to earn their graduate degree.
Here on our country,it takes a four-year course in studying an accountant profession.After graduation time for review then board exam as the qualification of being CPA.
Hey everybody, if you are looking for a qualified, sincere, committed CPA, go to this site and check it out. I will be happy to answer any questions you may have. Also, when u get to the site, click on “Live Person” and you can speak to the CPA directly.
Accounting is everywhere.. Its like oxygen.. Which ever field you choose there will be an accountant to maintain your records. I use online resources for accounting. Its numia – a free online accounting service.
CPAs bring a wide variety of experience to the table to help business owners make important decisions. Together, they emphasize the importance of planning for your business, not just meeting filing requirements for your taxes.
Good list of accountants can be found at http://financialcentreuk.co.uk/Tag/accountants.aspx
Good article. I am an accountant starting an online business and I think blogging is a powerful tool. I write about basic accounting practices and it helps me generate traffic to my website
http://accountingmoneyblog.blogspot.com/
Accounting Money Blog
To Whom It May Concern:
Please list my accounting blog: http://cpa-connecticut.com/blog/
It features articles on accounting and taxes and allows readers to comment, ask questions, and contribute articles or postings as well.
William Brighenti, Certified Public Accountant
You are a very smart person!
There is apparently a lot to know about this.
Thank you so very much. How nice of you to extend the compliment. I’ve been in accounting since 1979, so I absorbed something, at least. How is it being a chartered accountant? Is business good? Need a CPA…LOL!