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Submitted by: John Schofield

Being an accountant is a fulfilling and a highly in-demand job but taking this career path requires effort and dedication. People who want to take this profession may need to excel in their field of study to make the employment process easier for them. This is not actually a requirement but having awards and honours in school can give you an edge during difficult examinations. Before formally starting on accountancy, one must first decide what accounting body he wants to specialize on. Basically, there are three main accounting bodies namely the Institute of Chartered Accountants (ICAEW) in Wales and England, the Chartered Association of Certified Accountants (ACCA), and the Chartered Institute of Management Accountants (CIMA).

The study process, trainings, and possible opportunities will be dependent on the accounting body chosen by the aspiring accountant. For example, the ACCAs and ICAEW have the authority of signing audited accounts so these bodies are the best for those who want to directly go into practice. CIMA, on the other hand, is not authorized to sign off audited accountants so the ones who choose this accounting body are those who want to specialise in commerce or who may want to have jobs as finance directors.

For a brief overview of the three main accounting bodies, the ICAEW is the oldest and most popular body in the field of accounting. Those who are generally planning to build their own firms are the ones who study on these exams. Accountants who have passed on this body s exams may have the FCA or ACA profession label after their names. Most of the members of the ICAEW, however, have ACAs because this is a qualification that is most widely recognised as the accounting standard all around the world. In order to gain an ACA qualification, one must take a training contract for about 3 to 5 years and also pass the advanced and professional state of the examinations.

The ACCA, on the other hand, holds the second place as the most known accounting body. The study program of this company is closely similar to the ICAEW exam except that it involves a mixture of both experience and written tests. The exams on ACCA also require aspiring accountants to pass 14 of their exams, 9 of which can be exempted if the person has gained honours on their degree. Training is also a necessity on this accounting body as it requires its students to take a minimum of three years relevant experience on the field and passing of the Professional ethics module.

The last accounting body is CIMA, which is more centred on people who want to specialise in the field of commerce. The motto of CIMA is that they can help their would-be members to use their finance skills to aid future successes of companies rather than focus on past performances. Hence, this body s viewpoint is that their accountants are more of bookkeepers who focus on managing the financial performance of organizations. The modules of CIMA are concentrated on financial management, business management, and management accounting.

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Real Estate Investment Power

by

Corobo

I would like to show you how powerful investing in Real Estate can be. This is the main reason why we have lots of Real Estate Investors all over the world. Suppose someone gave you $10,000 to invest. What would you do with it?

Put the money in the bank? If you earned 5% interest, your investment would be worth about close to $12,800.00 after five years. Not bad, but with the current rate of inflation of 3% per year, your investment may not make you much in the long run after you pay Federal income taxes.In other words, you are barely keeping up with inflation. What about investing your $10,000 in the stock market? A good mutual fund can earn 10% to 15% a year. Also not bad, but not all mutual funds will earn that amount. Some go up and down just like stocks do.Maybe you can get a much higher rate of return by buying stocks, but which stock do you choose? Even stock analysts can’t agree on which stock will increase in value, and guessing proves nearly as accurate as relying on the advice of stock experts.Stocks values can go up tremendously, but many more go down or increase slowly. Although you can make money in the stock market, even the best information can’t guarantee a profit. Do you really want to throw your future on something as unpredictable as the stock market? What about starting a traditional brick and mortal type business? Your $10,000 may not even get you started. Maybe a restaurant? Only about 10% of new restaurant nationwide ever make it. Think about this, if you invest $10,000 in the stock market, a bank account, or a business, what do you have? A $10,000 investment. But look at what happens if you invest $10,000 in real estate. Even with a loan and a down payment of $10,000, you can purchase a $100,000 property. So your $10,000 investment is actually worth $100,000.Where else can you buy a $100,000 investment for a fraction of its actual value? And unlike any other investment, you can buy all types of real estate without using any of your own money. Imagine the type of return that you can get.

Colon Bolden is a full time internet marketer who works with other online marketers from around the Globe. He believes that the most successful people on the internet are the ones willing to work with an environment that’s stable and focus to your success first. For more information on what’s making his team of marketers very successful, visit his business of choice at http://www.wenetprofitsglobal.com

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