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<title>accountant</title>
<link>http://www.bizcovering.com/tags/accountant</link>
<description>New posts about accountant</description>
<item>
<title>Create the Perfect Second Job for Yourself</title>
<link>http://www.bizcovering.com/Opportunities/Create-the-Perfect-Second-Job-for-Yourself.281105</link>
<description>
<![CDATA[<p>It may be hard to get  a little extra cash during this time.  Your job may be  in jeopardy and ready cash may not be all that available. What to do? Well you could get a second job which is great however it's  going to be  repeat of your day one. You'll have another boss to deal with,  politics to contend with and another crew of gossips and backbiters to end with.</p>
<p>Instead think of creating your own job where you're the boss. You can make your own hours and control your clientele - which is something a lot of people can't do these days. There are plenty of jobs that you can create for yourself and do OK.</p>
<ol>
<li> Dog walking: I knew a lot of people who have done well with this one. This is a great job if you love man's best friend and the outdoors. A lot of people are too tired to take their little woofies out after work but it needs to be done. You can walk, run and exercise those dachshunds and schnoodles, Also you can also become their pet sitter when owners take a vacation.  This job is a good one for parents and kids to do together. I used to work with a man who got his tween daughter involved and they were a huge success. Other pluses are that you can show your kids how to do books,  keep client files and have job responsibilities. </li>
<li> Cat sitting: This is sheer heaven for any cat lover or even cat owner. It's not even really sitting. It's just looking  in on kitty when his or her pet parent is away or at work. You just have to feed , clean the litter and play with Whiskers.  Sometimes the cat just wants a lap to sit on or someone to scratch his or her ears. This is the perfect job if you've just been laid off or just newly retired. </li>
<li> Make up artist: If you love cosmetics  and are always renovating your friends faces then this is the extra for you. You can make big bucks with bridal parties, sweet sixteens and even beauty pageants. Put flyers in your local beauty salons as well to generate customers. Worried that you can't afford the high end stuff like the pros?  Don't worry. There are also enough beauty supply stores out there to help you with little extras like brushes,  cotton puffs and eyelash curlers. </li>
<li> Child minder:This is a no brainer if you love kids of any age. A lot of parents have to take on a second job or overtime to make ends meet. There are a lot of kids who are going to spend nights alone. Why not step in with a hot meal and hugs. Besides it'll make both your nights go faster and you'll even have a second family to love. </li>
<li> Accountant: This is timeless second job that's been around for ages. Yet if you're good with numbers you can easily help smaller business owners out with their own books. You can also tutor accounting to college students having problems with the subject. </li>
<li> Tutor: Another tried and true freelance gig guaranteed to bring in the big bucks. Some tutors are making thirty bucks an hour and have as many as five to six clients a week.  Anyone can tutor even if your only strength is English . There are many immigrants out there who would  love to learn the language from any English speaking person. </li>
<li> Handyman: If you love fixing and painting things then consider this job. My friends' fathers have literally made this their second career. There are always people out there who  need a roof patched, gutters painted or a kitchen painted. This is a perfect set up if you live in an area with a lot of elderly or first time homeowners (who are clueless about home repair ). You can also include shoveling the driveway and walk during the snowy weather too. </li>
<li> Freelance gardener: Any outdoorsy gardening type will love this job. You can mow lawns during the warm Indian summer along with tree trimming and leaf raking. Another plus to this job is  helping homeowners rip out what's left of their summer gardens and turn over the earth. You'll do very well with this freelancing gig because  a lot of people are can't afford high priced landscapers right now. </li>
<li> Freelance writer:  This has its' ups and downs but it's fun. You can do OK with internet writing but be judicious with the sites. Some pay well while others only give you money only for the number of hits your articles receive. Remember that you can also write up resumes, PR kits  and company brochures for much better prices. You can also be a newspaper stringer (freelance reporter too) if you want to see  your work and name in print every day. </li>
</ol>
<p>Don't panic if  you love any money or your job during these hard times. There's always a freelance job waiting for you. You just have to decide which one you want and then go for it.</p><a href="http://www.pheedo.com/click.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FOpportunities%2FCreate-the-Perfect-Second-Job-for-Yourself.281105"><img src="http://www.pheedo.com/img.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FOpportunities%2FCreate-the-Perfect-Second-Job-for-Yourself.281105" border="0"/></a>]]></description>
<pubDate>Thu, 02 Oct 2008 07:55:19 PST</pubDate></item>
<item>
<title>When You Need to Hire an Accountant?</title>
<link>http://www.bizcovering.com/Accounting/When-You-Need-to-Hire-an-Accountant.238109</link>
<description>
<![CDATA[<p>The accountant also needs to be familiar with real estate law and have a good understanding of all rules and regulations.  What does an accountant do?</p>
<ul>
<li>Files all property tax forms with the state and federal government.</li>
<li>Helps you properly set up your business in the beginning.</li>
<li>Ensures you're allocating your expenses correctly.</li>
<li>Correctly handles the depreciation schedule.</li>
<li>Assists with the disbursement if you have partners or investors involved.</li>
<li>Writes off repairs and depreciates the major improvements.</li>
<li>Knows your long-term plans for each investment property.</li>
</ul>
<p>Like anyone else you hire, request clients' names and telephone numbers so that you can call for references.  One of the most important things is that you feel comfortable with his or her approach, background, and ability to take care of the accounting of and taxes for your rental properties.</p><a href="http://www.pheedo.com/click.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FAccounting%2FWhen-You-Need-to-Hire-an-Accountant.238109"><img src="http://www.pheedo.com/img.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FAccounting%2FWhen-You-Need-to-Hire-an-Accountant.238109" border="0"/></a>]]></description>
<pubDate>Tue, 02 Sep 2008 04:02:47 PST</pubDate></item>
<item>
<title>The Accountant's Role in the Organization</title>
<link>http://www.bizcovering.com/Accounting/The-Accountants-Role-in-the-Organization.71789</link>
<description>
<![CDATA[<p>Accounting can be defined as the process of collecting, recording, presenting &amp; analyzing/interpreting financial information for the users of financial statement.</p>
 
<p>Accountant can also be describe as a person who has undergone a formal or professional training in the process of accounting &amp; who belongs to at least one of the recognized professional accountancy bodies such as Institute of Chartered Accountants of Nigeria (ICAN), Association of Chartered Accountant (ACA), Institute of Chartered Accountant (ICA) etc.</p>
 
<p>Accounting systems take economic events and transactions that have occurred and process the data in those transactions into information that is helpful to managers and other users, such as sales representatives &amp; production supervisors.</p>
 
<p>Accounting systems provide information such as financial statements (the income statement, balance sheet &amp; statement of cash flows) and performance reports (such as the cost of operating a plant or providing a service). Managers use accounting information;</p>
 <ol> 
<li> To administer each of the activity or functional areas for which they are responsible and; </li>
 
<li> To coordinate those activities or functions within the framework of the organization as a whole</li>
 </ol> 
<h3>Management Accounting, Financial Accounting &amp; Cost Accounting</h3>
 
<p><strong>Management Accounting:</strong> Management accounting &amp; financial accounting have different goals. Management Accounting measures, &amp; reports financial &amp; non-financial information that helps managers make decisions to fulfill the goals of an organization. Managers use management accounting information to choose, communicate and implement strategy. They also use management accounting information to coordinate product design, production &amp; marketing decisions. Management accounting focuses on internal reporting.</p>
 
<p><strong>Financial Accounting: </strong>Financial Accounting focuses on reporting to external parties. It measures and records business transactions and provides financial statements that are based on generally accepted accounting principles (GAAP). Managers are responsible for the financial statements issued to investors, government regulators &amp; other parties outside the organization. Executive compensation is often directly affected by the numbers in these financial statements. It is not difficult to see that managers are interested in both management accounting &amp; financial accounting.</p>
 
<p><strong>Cost Accounting: </strong>Cost Accounting provides information for management accounting &amp; financial accounting. Cost accounting measures and reports financial and non-financial information relating to the cost of acquiring or utilizing resources in an organization. Cost accounting includes those parts of both management accounting &amp; financial accounting in which cost information is collected or analyzed.</p>
 
<p>Report such as balance sheets, income statements and statements of cash flow are common both in management &amp; financial accounting. Most companies adhere to, or only mildly depart from, GAAP for their basic internal financial statements. Why? Because accrual accounting provides a uniform way to measure an organization's financial performance for internal &amp; external purposes. However, management accounting is more wide-ranging than financial accounting's emphasis on financial statements. Management accounting embraces more extensively such topics as the development &amp; implementation of strategies &amp; policies, budgeting, special studies &amp; forecasts, influence on employee behaviour, &amp; non-financial as well as financial information</p>
 
<p>Accordingly, the accountant's roles in the organization can be analyses below:</p>
 <ol> 
<li> Preparation &amp; presentations of timely accurate financial/accounting reports to management</li>
 
<li> Identification of areas of inefficiency &amp; wastages of resources in industries</li>
 
<li> Treasury functions:  Accountant also plays the role of treasury functions in such a way that they raise finance, cash management etc</li>
 
<li> Setting up effective system of internal &amp; accounting controls</li>
 
<li> Preparation of feasibility reports: These reports assist management in assessing the viability/profitability or otherwise of proposed capital expenditure such as opening of a new factory or branch</li>
 
<li> Investigation of the performance/operations of competing business organizations to assist management in policy formulation</li>
 
<li> Investigation of frauds within the organization: Accountant plays the role of investigation of frauds within the organization</li>
 
<li> Accountant assists the organization to avoid-rather than evade tax by using his knowledge of the tax laws</li>
 </ol> 
<p>In conclusion, an accountant plays uncountable roles in organization to mention few.</p>
 
<p> </p><a href="http://www.pheedo.com/click.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FAccounting%2FThe-Accountants-Role-in-the-Organization.71789"><img src="http://www.pheedo.com/img.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FAccounting%2FThe-Accountants-Role-in-the-Organization.71789" border="0"/></a>]]></description>
<pubDate>Sun, 06 Jan 2008 13:34:20 PST</pubDate></item>
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<title>You Want to be a Partner in a Big Accountancy Practice?</title>
<link>http://www.bizcovering.com/Accounting/You-Want-to-be-a-Partner-in-a-Big-Accountancy-Practice.27165</link>
<description>
<![CDATA[<h3>The Accountants dream?</h3>

 <p>When you start in the accountancy profession you are told that the ultimate aim is to achieve partnership. Pass your exams, keep your nose clean, put in the hours and eventually you will make it and be able to sign on behalf of the firm. Then untold riches will be yours. </p>
 
 <p>I am a writer, not an accountant, but many of my friends and relations are accountants and from them I have pieced together a very strange picture of the role of the partner in the big accountancy firms today. </p>
 

<h3> The brightest?</h3>

 <p>First of all I always thought that it was the brightest who are appointed to the partnership. This may have been the case at one time but now isn't necessary. Most large professional firms invest considerable resources to have departments full of senior managers with the sole task of to reviewing other professionals work. These are people whose whole lives are devoted to ensure that all work leaving the firm has a consistent high quality and thus protect the firm from litigation. In the olden days, that is 10 years ago, partners did this.  It was the partners who were responsible for reviewing the quality of everything that would go out in the name of the firm. Partners would be chosen primarily for their technical ability and their personal quantities would be a purely a secondary factor. The professional reviewing department frees today's partners from needing to have the ability to do this work and so they are free to concentrate on the nitty-gritty of drumming up new business and office politics </p>
 

<h3> PR role?</h3>

 <p>Increasingly a partner's role is seen as developing client relationships. This includes wining and dining and also giving overall direction to the work of the managers under them. Partners may not necessarily be competent to give detailed advice to clients: they may just be glorified P.R. referral points who get one of their specialist managers to get back to the client with an answer. Partners no longer become industry experts as today's auditing pattern means that they will only develop a relationship with the client for a few years before the partner responsible for that client is changed. </p>
 

<h3> Boosting profits</h3>

 <p>Conflicts often arise between the need for client care and the firm's self- interest. In years gone by it would be that the client would be put first and the firm's interest would not enter the equation. This situation is now reversed and many newer partners are primarily motivated by self interest - linking their self interest to the self interest of the firm. Consequently we should not be surprised when we hear of a partner of a well-known firm saying in a meeting with other professionals "Stuff the client. We want to get the deal done". </p>
 
 
<h3>Salesmanship</h3>

 <p>Thus the way to become a partner is not through technical excellence but by developing the personal qualities and style of salesmanship that fits the corporate ethos of the particular large firm concerned. If your firm has just appointed some young, loud-mouthed lad, full of bull to the partnership, who is not technically very bright,  you now know why! </p><a href="http://www.pheedo.com/click.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FAccounting%2FYou-Want-to-be-a-Partner-in-a-Big-Accountancy-Practice.27165"><img src="http://www.pheedo.com/img.phdo?x=&u=http%3A%2F%2Fwww.bizcovering.com%2FAccounting%2FYou-Want-to-be-a-Partner-in-a-Big-Accountancy-Practice.27165" border="0"/></a>]]></description>
<pubDate>Sun, 22 Apr 2007 08:40:32 PST</pubDate></item>
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