Accounting Talk » Accounting » Making money without anything to sell

Making money without anything to sell

Question:

The last watchable tv show was "have gun will travel".

Well, there was Yancy Derringer.

Response:

– Hide quoted text — Show quoted text – hy guys how can i make money through EBAY although i have nothing to sell.is there a way.Actually i am asking you because ebay claims that anyone can make money through ebay even non-buyer and non-seller.(this is what i read in a tabloid for a seminar by ebay). Waiting for comments.Thnks in advance. bye Very simple. The rules are to lie, cheat, and steal. Or else to present your own series of eBay seminars. There is no way in hell that was a seminar by BY eBay. It was a seminar ABOUT ebay. Such seminars usually promote either dropshitting or dopeshipping. See http://www.tinaja.com/glib/ebaysell.pdf for proven and realistic alternatives that actually work in the real world. Don Lancaster Those cable TV info-ads you see are all lead-ins for dropshipping. They say…"We set you up with lots of suppliers.” I did not expect anything honest to come out of tv… that’s why I do not watch TV. i The last watchable tv show was "have gun will travel".

I preferred, "The Continental" — To reply by email, remove the word "space"

Response:

The last watchable tv show was "have gun will travel". Well, there was Yancy Derringer.

And "The Brak Show".

Response:

In dropshipping, you sell the product and someone else ships the item…

^ You left out the words "forgets to". Craig

Response:

Don: The last watchable tv show was "have gun will travel".

Bart: Well, there was Yancy Derringer.

And that one episode of CHiP’s. Craig

Response:

how can i make money through EBAY although i have nothing to sell.is there a way.Actually i am asking you because ebay claims that anyone can make money through ebay even non-buyer and non-seller.(this is what i read in a tabloid for a seminar by ebay). Waiting for comments.Thnks in advance.

Maybe you’ll have luck sitting on a street begging? alex

Response:

The minimum profitable eBay sale is $19.63. Very few books even remotely approach this value on eBay. The minimum profitable eBay sale is $19.63. Very few books even remotely approach this value on eBay — Many thanks, Don Lancaster Damn and I thought I was making $$$$ on my 5 and 10 dollar sales - guess not - wonder who is making my bank account grow???

Response:

Why sit on a hot, smelly, noisy street? Most libraries have Internet access, from which you can post a "please help me" listing on eBay. Here’s a good one for our OP: <http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5603543548 "Help me start up my business! needing funds to start up my business adventure, so i can get more books, and other items people are looking for." Click on the link if you don’t believe me!

Response:

– Hide quoted text — Show quoted text – hy guys thnks for all suggestions.i think i can sell some old books (academic and fun).what do u guys say.have anyone had success selling old books .what should be the listing should somewhat look like .pls examplify it.and all other tips and tricks to successfully execute my first trade. thnks Yeah, lots of people sell used books. Go look at some books and see how they’re listed. Pay particular attention to completed items that actually sold. Here’s a used books tutorial that’s as good as anything: http://tinyurl.com/c8pgl

While you’re doing that research and preparing to write the text for your auction, remember that most folks still use real words such as "you," "please," and "thanks." — Ty Who is mostly just a slightly skewed Donna Reed A patriot must always be ready to defend his country against his government. –Edward Abbey

Response:

- Hide quoted text — Show quoted text – The minimum profitable eBay sale is $19.63. Very few books even remotely approach this value on eBay. The minimum profitable eBay sale is $19.63. Very few books even remotely approach this value on eBay — Many thanks, Don Lancaster Damn and I thought I was making $$$$ on my 5 and 10 dollar sales - guess not - wonder who is making my bank account grow???

hidden subsidies and monumentally poor accounting, obviously. — Many thanks, Don Lancaster Synergetics 3860 West First Street Box 809 Thatcher, AZ 85552 Please visit my GURU’s LAIR web site at http://www.tinaja.com

Response:

Yeah, I’d find another bank!

Response:

hy guys how can i make money through EBAY although i have nothing to sell.is there a way.Actually i am asking you because ebay claims that anyone can make money through ebay even non-buyer and non-seller.(this is what i read in a tabloid for a seminar by ebay). Waiting for comments.Thnks in advance. bye

Response:

Sure. Sell seminars.

Response:

Maybe you misunderstood the seminar, I think they mean dropshipping. In dropshipping, you sell the product and someone else ships the item. You don’t physically possess the item on site. So, you’re like a sales rep on Ebay. The other option is you sell info only. You write up an auction that offers valuable info, and when the buyer pays….you simply send them the link to somneone else’s website. Sounds right?

Response:

One way is dropshipping. Basically, you sell goods that your supplier owns, send orders to the supplier, and he ships things. There’s not much profit and many potential headaches in dropshipping. Search Google Groups for the word "dropshipper" and you’ll see what I mean. Another way is to sell other people’s stuff on consignment. Your neighbor has an item but doesn’t want to photograph it, describe it, research its market value, design a listing, etc. You do that work and take a percentage of sales. Great way to ruin a friendship. Best way is to go get your own stuff to sell. Start in your closets.

Response:

"Dhakala" wrote… One way is dropshipping. Basically, you sell goods that your supplier owns, send orders to the supplier, and he ships things. There’s not much profit and many potential headaches in dropshipping. Search Google Groups for the word "dropshipper" and you’ll see what I mean.

Maybe selling stamps is a great place to start? Rita

Response:

"Ignoramus21895" wrote… I would not pay for any ebay seminar, myself.

Generally, people writing books or giving seminars about eBay have very little real world eBay experience or have failed miserably at their eBay venture. Their only last hope is to get a following of suckers willing to pay for the privilege of failing as well. Rita

Response:

hy guys thnks for all suggestions.i think i can sell some old books (academic and fun).what do u guys say.have anyone had success selling old books .what should be the listing should somewhat look like .pls examplify it.and all other tips and tricks to successfully execute my first trade. thnks

Response:

Very simple. The rules are to lie, cheat, and steal. Or else to present your own series of eBay seminars. There is no way in hell that was a seminar by BY eBay. It was a seminar ABOUT ebay. Such seminars usually promote either dropshitting or dopeshipping. See http://www.tinaja.com/glib/ebaysell.pdf for proven and realistic alternatives that actually work in the real world. — Many thanks, Don Lancaster Synergetics 3860 West First Street Box 809 Thatcher, AZ 85552 Please visit my GURU’s LAIR web site at http://www.tinaja.com

Response:

- Hide quoted text — Show quoted text – hy guys how can i make money through EBAY although i have nothing to sell.is there a way.Actually i am asking you because ebay claims that anyone can make money through ebay even non-buyer and non-seller.(this is what i read in a tabloid for a seminar by ebay). One way is dropshipping. Basically, you sell goods that your supplier owns, send orders to the supplier, and he ships things. There’s not much profit and many potential headaches in dropshipping. Search Google Groups for the word "dropshipper" and you’ll see what I mean. Another way is to sell other people’s stuff on consignment. Your neighbor has an item but doesn’t want to photograph it, describe it, research its market value, design a listing, etc. You do that work and take a percentage of sales. Great way to ruin a friendship. Best way is to go get your own stuff to sell. Start in your closets.

The correct spelling is either "dropshitting" or "dopeshipping". See http://www.tinaja.com/glib/ebaysell.pdf — Many thanks, Don Lancaster Synergetics 3860 West First Street Box 809 Thatcher, AZ 85552 Please visit my GURU’s LAIR web site at http://www.tinaja.com

Response:

Books are very tricky, unless they are such specialty items as recent medical texts. The minimum profitable eBay sale is $19.63. Very few books even remotely approach this value on eBay. http://www.tinaja.com/glib/ebaysell.pdf — Many thanks, Don Lancaster Synergetics 3860 West First Street Box 809 Thatcher, AZ 85552 Please visit my GURU’s LAIR web site at http://www.tinaja.com

Response:

Yeah, lots of people sell used books. Go look at some books and see how they’re listed. Pay particular attention to completed items that actually sold. Here’s a used books tutorial that’s as good as anything: http://tinyurl.com/c8pgl

Response:

Its probably….”Power Selling Made Easy.”

Response:

- Hide quoted text — Show quoted text – hy guys how can i make money through EBAY although i have nothing to sell.is there a way.Actually i am asking you because ebay claims that anyone can make money through ebay even non-buyer and non-seller.(this is what i read in a tabloid for a seminar by ebay). Waiting for comments.Thnks in advance. bye Very simple. The rules are to lie, cheat, and steal. Or else to present your own series of eBay seminars. There is no way in hell that was a seminar by BY eBay. It was a seminar ABOUT ebay. Such seminars usually promote either dropshitting or dopeshipping. See http://www.tinaja.com/glib/ebaysell.pdf for proven and realistic alternatives that actually work in the real world. — Many thanks, Don Lancaster

Those cable TV info-ads you see are all lead-ins for dropshipping. They say…"We set you up with lots of suppliers.”

Response:

- Hide quoted text — Show quoted text – hy guys how can i make money through EBAY although i have nothing to sell.is there a way.Actually i am asking you because ebay claims that anyone can make money through ebay even non-buyer and non-seller.(this is what i read in a tabloid for a seminar by ebay). Waiting for comments.Thnks in advance. bye Very simple. The rules are to lie, cheat, and steal. Or else to present your own series of eBay seminars. There is no way in hell that was a seminar by BY eBay. It was a seminar ABOUT ebay. Such seminars usually promote either dropshitting or dopeshipping. See http://www.tinaja.com/glib/ebaysell.pdf for proven and realistic alternatives that actually work in the real world. Don Lancaster Those cable TV info-ads you see are all lead-ins for dropshipping. They say…"We set you up with lots of suppliers.” I did not expect anything honest to come out of tv… that’s why I do not watch TV. i

The last watchable tv show was "have gun will travel". — Many thanks, Don Lancaster Synergetics 3860 West First Street Box 809 Thatcher, AZ 85552 Please visit my GURU’s LAIR web site at http://www.tinaja.com

Response:

Author: admin on
Category: Accounting
Tags: Accounting

Accounting Talk » Business Accounting » Career Advice: Should I be an accountant?

Career Advice: Should I be an accountant?

Question:

Sheesh, I didn’t realize new hires were getting offers that low. I made more than that without even *using* my degree (I was waaaay overqualified for some of the jobs I had after I got out of school). The really sad thing about this is – I live in the MidWest, where wages are supposedly lower because the cost of living is so much lower. Yet the local McDonalds in the little town we live in pays $6.00/hr, which is more than your’s does. In the nearest city, they are paying more like $8.00/hr, and are lucky to get high school kids for that. Average wages are more like $10.00 hr. for unskilled labor.

– Hide quoted text — Show quoted text – Susan, I think you’ve missed the point about the McDonalds comment. Many, many new hires at CPA firms are not paid that much these days. Local firms often start a student in the low 20s. Now, for a 40 hour a week job, a low 20s salary is pretty good in most places with an average cost of living. But during tax season, it’s a whole different story. Let’s take a new hire accountant named John as our example. John graduates from college, and in November or so gets hired on at a local accounting firm for 22,000 a year. For someone like John, the promise of going to school for accounting was so that he would not have to be flipping burgers while making near minimum wage at a place like McDonalds. So in November, John is quite thrilled to be making 22,000 a year. It seems a lot to John because it’s about $ 425.00 a week. To him that’s around $ 10 or $ 11 dollars an hour. Pretty nice compared to the low wages John made while in high school or college at various low-paying menial jobs such as flipping burgers at McDonalds. With me so far ? OK, now let’s move ahead to tax season. Now we find that John is no longer working 40 hour work weeks. As a new hire, his employers at the firm have him working 80 hours a week and sometimes more than that. But since John’s firm ( like MOST accounting firms ) is not paying him any overtime, John is still making around $ 425.00 a week. $ 425.00 per week divided by 80 hours = $ 5.31 an hour. Yikes ! The national minimum wage is $ 5.15 cents an hour. But here is John. During tax season, he’s making only 16 cents above the minimum wage ! Around here, McDonalds new hires start for around $ 5.75 to $ 6.00 an hour. And teenage babysitters often earn more per hour than John is making during his 80 hour weeks during tax season. The McDonalds example is a good one, Susan. It’s much more accurate than people think. And the biggest reason it’s accurate is that we live in a country that allows accounting firms to get out of paying overtime to new hires. It’s shameful. But it does have some good benefits I guess. The BMW dealers can sell more cars to partners of accounting firms. I was offered at one firm a low 20s salary,

– Hide quoted text — Show quoted text – what they mean is working all day long no with no OT allow. Sometimes sat and sun during peak. MEANWHILE doing the cpa. hows that? at the end of the day, a waitress working in Mcdonalds makes more than we do. My daughter words at McDonalds. Even during tax season, when I’m working 60 hours or more a week, she doesn’t make more than I do – not even on an hourly basis. Apparently McDonalds pays a hell of a lot more where you live than it does where I live.

Response:

Even these wages in the low to mid 20s wouldn’t be so bad if the job was a 40 hour job. But with tax season hours at accounting firms, and no overtime, these new hires end up making horrible wages while the partners laugh all the way to the bank. I would love to see one of the network news programs like 20/20 or 60 Minutes do a story on how accounting firms use this overtime " loophole " to shortchange and take advantage of new hires during tax season. They could even profile two " Johns " for the story. One who would work at McDonald’s and one at an accounting firm. The story could follow them both through tax season, and see who ended up making more per hour. – Hide quoted text — Show quoted text – Sheesh, I didn’t realize new hires were getting offers that low. I made more than that without even *using* my degree (I was waaaay overqualified for some of the jobs I had after I got out of school). The really sad thing about this is – I live in the MidWest, where wages are supposedly lower because the cost of living is so much lower. Yet the local McDonalds in the little town we live in pays $6.00/hr, which is more than your’s does. In the nearest city, they are paying more like $8.00/hr, and are lucky to get high school kids for that. Average wages are more like $10.00 hr. for unskilled labor. Susan, I think you’ve missed the point about the McDonalds comment. Many, many new hires at CPA firms are not paid that much these days. Local firms often start a student in the low 20s. Now, for a 40 hour a week job, a low 20s salary is pretty good in most places with an average cost of living. But during tax season, it’s a whole different story. Let’s take a new hire accountant named John as our example. John graduates from college, and in November or so gets hired on at a local accounting firm for 22,000 a year. For someone like John, the promise of going to school for accounting was so that he would not have to be flipping burgers while making near minimum wage at a place like McDonalds. So in November, John is quite thrilled to be making 22,000 a year. It seems a lot to John because it’s about $ 425.00 a week. To him that’s around $ 10 or $ 11 dollars an hour. Pretty nice compared to the low wages John made while in high school or college at various low-paying menial jobs such as flipping burgers at McDonalds. With me so far ? OK, now let’s move ahead to tax season. Now we find that John is no longer working 40 hour work weeks. As a new hire, his employers at the firm have him working 80 hours a week and sometimes more than that. But since John’s firm ( like MOST accounting firms ) is not paying him any overtime, John is still making around $ 425.00 a week. $ 425.00 per week divided by 80 hours = $ 5.31 an hour. Yikes ! The national minimum wage is $ 5.15 cents an hour. But here is John. During tax season, he’s making only 16 cents above the minimum wage ! Around here, McDonalds new hires start for around $ 5.75 to $ 6.00 an hour. And teenage babysitters often earn more per hour than John is making during his 80 hour weeks during tax season. The McDonalds example is a good one, Susan. It’s much more accurate than people think. And the biggest reason it’s accurate is that we live in a country that allows accounting firms to get out of paying overtime to new hires. It’s shameful. But it does have some good benefits I guess. The BMW dealers can sell more cars to partners of accounting firms. I was offered at one firm a low 20s salary, what they mean is working all day long no with no OT allow. Sometimes sat and sun during peak. MEANWHILE doing the cpa. hows that? at the end of the day, a waitress working in Mcdonalds makes more than we do. My daughter words at McDonalds. Even during tax season, when I’m working 60 hours or more a week, she doesn’t make more than I do – not even on an hourly basis. Apparently McDonalds pays a hell of a lot more where you live than it does where I live.

Response:

Susan, it is pretty sad to say the least. And on top of the low wages entry level accountants get, there are also costs associated with that first entry level accounting job that a worker at McDonald’s won’t have. John, the fictional accountant in my example, may also have to fork over money for parking every day if the firm is in a downtown area. On top of that, working in an accounting firm is a white-collar job. Maintaining a white-collar wardrobe (costs of clothes, dry-cleaning, etc), is another cost John will incur with the accounting firm job that he wouldn’t have at McDonalds. So that $ 5.31 an hour that John makes during tax season may be worth even less when additional costs that " go with the job " are taken into account. – Hide quoted text — Show quoted text – Sheesh, I didn’t realize new hires were getting offers that low. I made more than that without even *using* my degree (I was waaaay overqualified for some of the jobs I had after I got out of school). The really sad thing about this is – I live in the MidWest, where wages are supposedly lower because the cost of living is so much lower. Yet the local McDonalds in the little town we live in pays $6.00/hr, which is more than your’s does. In the nearest city, they are paying more like $8.00/hr, and are lucky to get high school kids for that. Average wages are more like $10.00 hr. for unskilled labor. Susan, I think you’ve missed the point about the McDonalds comment. Many, many new hires at CPA firms are not paid that much these days. Local firms often start a student in the low 20s. Now, for a 40 hour a week job, a low 20s salary is pretty good in most places with an average cost of living. But during tax season, it’s a whole different story. Let’s take a new hire accountant named John as our example. John graduates from college, and in November or so gets hired on at a local accounting firm for 22,000 a year. For someone like John, the promise of going to school for accounting was so that he would not have to be flipping burgers while making near minimum wage at a place like McDonalds. So in November, John is quite thrilled to be making 22,000 a year. It seems a lot to John because it’s about $ 425.00 a week. To him that’s around $ 10 or $ 11 dollars an hour. Pretty nice compared to the low wages John made while in high school or college at various low-paying menial jobs such as flipping burgers at McDonalds. With me so far ? OK, now let’s move ahead to tax season. Now we find that John is no longer working 40 hour work weeks. As a new hire, his employers at the firm have him working 80 hours a week and sometimes more than that. But since John’s firm ( like MOST accounting firms ) is not paying him any overtime, John is still making around $ 425.00 a week. $ 425.00 per week divided by 80 hours = $ 5.31 an hour. Yikes ! The national minimum wage is $ 5.15 cents an hour. But here is John. During tax season, he’s making only 16 cents above the minimum wage ! Around here, McDonalds new hires start for around $ 5.75 to $ 6.00 an hour. And teenage babysitters often earn more per hour than John is making during his 80 hour weeks during tax season. The McDonalds example is a good one, Susan. It’s much more accurate than people think. And the biggest reason it’s accurate is that we live in a country that allows accounting firms to get out of paying overtime to new hires. It’s shameful. But it does have some good benefits I guess. The BMW dealers can sell more cars to partners of accounting firms. I was offered at one firm a low 20s salary, what they mean is working all day long no with no OT allow. Sometimes sat and sun during peak. MEANWHILE doing the cpa. hows that? at the end of the day, a waitress working in Mcdonalds makes more than we do. My daughter words at McDonalds. Even during tax season, when I’m working 60 hours or more a week, she doesn’t make more than I do – not even on an hourly basis. Apparently McDonalds pays a hell of a lot more where you live than it does where I live.

Response:

When I graduated in 1992, I got offered $23K by a local firm in NC.

Response:

what they mean is working all day long no with no OT allow. Sometimes sat and sun during peak. MEANWHILE doing the cpa. hows that? at the end of the day, a waitress working in Mcdonalds makes more than we do.

My daughter words at McDonalds. Even during tax season, when I’m working 60 hours or more a week, she doesn’t make more than I do – not even on an hourly basis. Apparently McDonalds pays a hell of a lot more where you live than it does where I live.

Response:

Susan, I think you’ve missed the point about the McDonalds comment. Many, many new hires at CPA firms are not paid that much these days. Local firms often start a student in the low 20s. Now, for a 40 hour a week job, a low 20s salary is pretty good in most places with an average cost of living. But during tax season, it’s a whole different story. Let’s take a new hire accountant named John as our example. John graduates from college, and in November or so gets hired on at a local accounting firm for 22,000 a year. For someone like John, the promise of going to school for accounting was so that he would not have to be flipping burgers while making near minimum wage at a place like McDonalds. So in November, John is quite thrilled to be making 22,000 a year. It seems a lot to John because it’s about $ 425.00 a week. To him that’s around $ 10 or $ 11 dollars an hour. Pretty nice compared to the low wages John made while in high school or college at various low-paying menial jobs such as flipping burgers at McDonalds. With me so far ? OK, now let’s move ahead to tax season. Now we find that John is no longer working 40 hour work weeks. As a new hire, his employers at the firm have him working 80 hours a week and sometimes more than that. But since John’s firm ( like MOST accounting firms ) is not paying him any overtime, John is still making around $ 425.00 a week. $ 425.00 per week divided by 80 hours = $ 5.31 an hour. Yikes ! The national minimum wage is $ 5.15 cents an hour. But here is John. During tax season, he’s making only 16 cents above the minimum wage ! Around here, McDonalds new hires start for around $ 5.75 to $ 6.00 an hour. And teenage babysitters often earn more per hour than John is making during his 80 hour weeks during tax season. The McDonalds example is a good one, Susan. It’s much more accurate than people think. And the biggest reason it’s accurate is that we live in a country that allows accounting firms to get out of paying overtime to new hires. It’s shameful. But it does have some good benefits I guess. The BMW dealers can sell more cars to partners of accounting firms. I was offered at one firm a low 20s salary, – Hide quoted text — Show quoted text – what they mean is working all day long no with no OT allow. Sometimes sat and sun during peak. MEANWHILE doing the cpa. hows that? at the end of the day, a waitress working in Mcdonalds makes more than we do. My daughter words at McDonalds. Even during tax season, when I’m working 60 hours or more a week, she doesn’t make more than I do – not even on an hourly basis. Apparently McDonalds pays a hell of a lot more where you live than it does where I live.

Response:

We are wasting our time with Joe. His has no interest in any profession. All he wants is an easy job with lots of money. — Ken Russell Sydney, Australia

| | | –Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is | a –pretty easy job that pays well. Is that true? Also, should I go | into –college or university to study accounting? If accounting isn’t | really a –great job (concerning pay and the amount of education | needed) what should I –get into thats equaly easy and pays well? | Thanks | | It is easier than many jobs, harder than others. Mainly, its a | "clean" job. | | To move up in almost any organization or move laterally or vertically | amoung jobs, you’ll need a degree. | | Tons of professions, become an engineer, or insurance man, or sales, | or whatever — find out what you want | | | | Whats the average salary a out of college accountant makes? I don’t mind | being an accountant it doesn’t uninterest me, I just want a job that gives | decent pay.

Response:

–Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a –pretty easy job that pays well. Is that true? Also, should I go into –college or university to study accounting? If accounting isn’t really a –great job (concerning pay and the amount of education needed) what should I –get into thats equaly easy and pays well? Thanks It is easier than many jobs, harder than others. Mainly, its a "clean" job. To move up in almost any organization or move laterally or vertically amoung jobs, you’ll need a degree. Tons of professions, become an engineer, or insurance man, or sales, or whatever — find out what you want

Response:

– Hide quoted text — Show quoted text – –Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a –pretty easy job that pays well. Is that true? Also, should I go into –college or university to study accounting? If accounting isn’t really a –great job (concerning pay and the amount of education needed) what should I –get into thats equaly easy and pays well? Thanks It is easier than many jobs, harder than others. Mainly, its a "clean" job. To move up in almost any organization or move laterally or vertically amoung jobs, you’ll need a degree. Tons of professions, become an engineer, or insurance man, or sales, or whatever — find out what you want

Whats the average salary a out of college accountant makes? I don’t mind being an accountant it doesn’t uninterest me, I just want a job that gives decent pay.

Response:

I was in the restaurant biz, and we would often hold special parties for different types of orgs — believe me they are different. Directly on point: A recruiting dinner party hosted by a large law firm.,., and a recruiting dinner party hosted by a big six accy firm. — The lawyers drank like fish, the highest liquor sales per customer of any group ever !!!, the accountants barely drank, ordering slightly more liquor than a church study group. –I am amazed that someone who has admittedly never worked in the profession has –such insight into the types of people who are accountants and the stereotypes –that surround them. — –I was in sales, and then accounting. I would say that the types of people who –worked in both were alot more similar than different. Sales people are a bit –more outgoing, but the college grads I met that were into accounting liked to –go out and drink, and go to social occassions

Response:

People who are pure accountants are some of the most boring, anal-retentive, and humorless type people you’ll ever meet in any job. Will you happy working around those type of people ? And do you like sitting at a desk and working in a stuffy cubicle for 10-14 hours a day ?

I am amazed that someone who has admittedly never worked in the profession has such insight into the types of people who are accountants and the stereotypes that surround them. I was in sales, and then accounting. I would say that the types of people who worked in both were alot more similar than different. Sales people are a bit more outgoing, but the college grads I met that were into accounting liked to go out and drink, and go to social occassions just like the rest of the free world. When we were on the road, we always made a point of catching a baseball game or hitting the casino during our trips. And the 10-14 hour days are mostly times that run up to deadlines. More often than not, my work weeks were 40 hours. The one thing that is bad about Big 4 accounting is the travel, but the good thing is the flexibility. You don’t have some boss hovering over you making sure you are in your seat until 5 PM if you need to go run a personal errand. The hierarchy is prettly losely woven. If you are a staff person, it is usually up to your senior on the job to let you go if you have some personal errands to run.

Response:

Joe, are you interested in business ? Getting an accounting degree doesn’t mean you have to go out and be an accountant. I still believe that an accounting degree is by far the best overall business degree that you can get. Not everyone who majors in accounting becomes an accountant. I know of one guy who bought a unit of a gas station/convenience store from a franchise and using his accounting skills to help him do all the bookeeping for the place. He worked in public accounting and didn’t like it. There are also questions you need to ask yourself about the kind of environment you like working in. People who are pure accountants are some of the most boring, anal-retentive, and humorless type people you’ll ever meet in any job. Will you happy working around those type of people ? And do you like sitting at a desk and working in a stuffy cubicle for 10-14 hours a day ? many pure accounting jobs are like that. On the other hand, have you ever thought about running your own business ? In my opinion, an accounting degree is very valuable for someone who wants to run their own business. Decide on what YOU want to do. – Hide quoted text — Show quoted text – Well Joe, I suggest you don’t choose accounting as your "job". I wouldn’t like to see the standard lowered by your entry! Get some purpose in your life other than money and laziness. You’ll be surprised how good it will make you feel. — Ken Russell Sydney, Australia | | Wrong attitude I’m afraid! | | The most important element in any job is job satisfaction. Easy | and highly paid jobs don’t always provide that. | | — | Ken Russell | Sydney, Australia | | | | Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting | | is a pretty easy job that pays well. Is that true? Also, should I | | go into college or university to study accounting? If accounting | | isn’t really a great job (concerning pay and the amount of | | education needed) what should I | | get into thats equaly easy and pays well? Thanks | | | | | | | Nah, a job is a job…plus I can handle boredom can someone answer | my questions please? | hmmm, after reading this newsgroup I’ve come to the conclusion that about 90% of the people who post here don’t like accounting at all :/ How come?

Response:

The majority of the people that have responded on the working conditions in public practice have experiences complete different from mine. I started at the firm I work at in October 2002 and have had nothing but good things to say so far. I would like tax season to be over, obviously, so I can have Saturdays back, but other than that… Since the first of February I’ve been working around 50-55 hours a week. My base salary is in the mid 20s but I am also getting paid time and half for overtime. Plus I get some decent benefits – health insurance, accrued vacation days, flexible hours. All in all, with the OT from tax season, I’ll end up making around 34-36K this year without my CPA (which, hopefully, I’ll have in November), and the partners seem to be preparing me for a long-term commitment to the firm. I think that’s pretty decent, overall, for an entry level job. Perhaps it’s just working for a small firm in a small town. Any others here work in a similar situation? Is mine really that much of a rarity? – Michael S. Whitehead.

Response:

Joe, Too late, matey. If you were born 10 years eariler, You could have signed off Enron;s account and cooked many books, make huge $ this way and retire. Too bad that, there were many unprofessional and unethical people in this world, making our accounitng industry and economy fail as a result. With that attitude, May I suggest you pick up singer… or acting.

Response:

Joe, the first question you want to ask yourself is if you’re interested in or think you would like doing accounting work. Is accounting something you have an interest in ? You have to find out first whether you’re interested in accounting before thinking about a career in it. Very few jobs that pay well are " easy, " if I’m understanding what you mean by that term. Find out what you want to do. Pick a career that you enjoy but one that will also put a roof over your head. accounting takes a good amount of education. But when you are done with college or with the CPA or CMA exams, your learning is not done. You have to continue learning as laws and rules concerning accounting issues change. Don’t pick a career whether it’s " easy " or not. If you don’t like something, it won’t matter if it’s easy because it will be " hard " to continue to do it day after day. Accountants can work a LOT of hours. If you don’t like accounting, those hours will be very hard for you to do. And whoever said accounting was " easy " ? A good rule for you to follow is that things that are " easy " are usually not going to be the things that pay well. If something is " easy, " then lots of people can do it. So the pay won’t be so good.

Response:

Get a bachelor degree in accounting from Queen’s University, and you’ll be making $CD 42,000+ once you graduate. – Hide quoted text — Show quoted text – Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a pretty easy job that pays well. Is that true? if you like numbers and living cheap, yes, it is true Also, should I go into college or university to study accounting? If accounting isn’t really a great job (concerning pay and the amount of education needed) what should I get into thats equaly easy and pays well? Thanks i suggest rock star or maybe acting living cheap?? what do you mean?

Response:

My suggestion is to not to listen to certain disgruntled losers who post on this newsgroup and to make up your own mind. Bitterness abounds.

Response:

Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a pretty easy job that pays well. Is that true? Also, should I go into college or university to study accounting? If accounting isn’t really a great job (concerning pay and the amount of education needed) what should I get into thats equaly easy and pays well? Thanks

Response:

Wrong attitude I’m afraid! The most important element in any job is job satisfaction. Easy and highly paid jobs don’t always provide that. — Ken Russell Sydney, Australia

| Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a | pretty easy job that pays well. Is that true? Also, should I go into | college or university to study accounting? If accounting isn’t really a | great job (concerning pay and the amount of education needed) what should I | get into thats equaly easy and pays well? Thanks |

Response:

– Hide quoted text — Show quoted text – Wrong attitude I’m afraid! The most important element in any job is job satisfaction. Easy and highly paid jobs don’t always provide that. — Ken Russell Sydney, Australia | Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a | pretty easy job that pays well. Is that true? Also, should I go into | college or university to study accounting? If accounting isn’t really | a great job (concerning pay and the amount of education needed) what | should I | get into thats equaly easy and pays well? Thanks |

Nah, a job is a job…plus I can handle boredom can someone answer my questions please?

Response:

– Hide quoted text — Show quoted text – Well Joe, I suggest you don’t choose accounting as your "job". I wouldn’t like to see the standard lowered by your entry! Get some purpose in your life other than money and laziness. You’ll be surprised how good it will make you feel. — Ken Russell Sydney, Australia | | Wrong attitude I’m afraid! | | The most important element in any job is job satisfaction. Easy | and highly paid jobs don’t always provide that. | | — | Ken Russell | Sydney, Australia | | | | Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting | | is a pretty easy job that pays well. Is that true? Also, should I | | go into college or university to study accounting? If accounting | | isn’t really a great job (concerning pay and the amount of | | education needed) what should | I | | get into thats equaly easy and pays well? Thanks | | | | | | | Nah, a job is a job…plus I can handle boredom can someone answer | my questions please? |

hmmm, after reading this newsgroup I’ve come to the conclusion that about 90% of the people who post here don’t like accounting at all :/ How come?

Response:

Well Joe, I suggest you don’t choose accounting as your "job". I wouldn’t like to see the standard lowered by your entry! Get some purpose in your life other than money and laziness. You’ll be surprised how good it will make you feel. — Ken Russell Sydney, Australia

Response:

Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a pretty easy job that pays well. Is that true?

if you like numbers and living cheap, yes, it is true Also, should I go into college or university to study accounting? If accounting isn’t really a great job (concerning pay and the amount of education needed) what should I get into thats equaly easy and pays well? Thanks

i suggest rock star or maybe acting – Hide quoted text — Show quoted text –

Response:

– Hide quoted text — Show quoted text – Hi, I’m 17 and I’m living in Ontario. I’ve heard that accounting is a pretty easy job that pays well. Is that true? if you like numbers and living cheap, yes, it is true Also, should I go into college or university to study accounting? If accounting isn’t really a great job (concerning pay and the amount of education needed) what should I get into thats equaly easy and pays well? Thanks i suggest rock star or maybe acting

living cheap?? what do you mean?

Response:

Author: admin on
Category: Business Accounting
Tags: Business Accounting

Accounting Talk » Financial Accounting » APB opinions ang interpretations

APB opinions ang interpretations

Question:

does anyone know how to get a copy of the accounting principles board"s opinions ,statements and interpretations khank you abdu ,jan 17

Response:

Purchase a copy of "Accounting Standards — Original Pronouncements" from the Financial Accounting Standards Board, Norwalk CT see http://accounting.rutgers.edu/raw/fasb/public/index.html for on line purchase options – Hide quoted text — Show quoted text – does anyone know how to get a copy of the accounting principles board"s opinions ,statements and interpretations khank you abdu ,jan 17

Response:

Author: admin on
Category: Financial Accounting
Tags: Financial Accounting

Accounting Talk » Accountants » Bad quality (and service?) can happen just about anywhere

Bad quality (and service?) can happen just about anywhere

Question:

Louis, I can’t imagine anyone keeping an expensive boat sitting in a repair facility for 9 yrs. If he had a legitimate claim, my guess is Whaler would have corrected it, or he would have won in court. — Jim "People who disagree with ME aren’t just wrong, they’re evil…"

– Hide quoted text — Show quoted text – Something’s fishy here……why would he let the boat sit for so long? Even if the boat required $10,000 repairs, I would think that most people would have the work done – then gone after Whaler. I think its strange that a boat this expensive would sit for so long over a relatively inexpensive repair – litigation would have been in the owners favor. I have a 1999 commercial whaler – these boats are made for the military, coast guard etc – are not made to be tough not pretty -and are warranted for structural (not cosmetic) flaws. My boat was shipped with some cosmetic flaws -the boats cleats and rails needed to be re-powdercoated -the underside of the gunnels where rough – they needed to be taken off and gelled (this is no easy task) -my leaning post was shipped with no gel on the inside Whaler was contacted – they responded to the dealer – who was told to fix the boat to my satisfaction – period. The dealer had the boat for 2 weeks – everything fixed beyond my expectations. All the cosmetic NON-WARRANTY items I had issues with where fixed at Whalers expense. My suspicion about the boat is question stems from my current (and previous) experiences with Whaler – this story doesn’t sound right. Louie Received 1849 EDT via email: Thanks for the note. I am curious now, what newsgroups are you referring to and what are they saying… As for the repairs. Whaler directed me t oa former employee/manager who runs a repair yard down the street from the factory (he may even own it?). I spoke to the gentleman wh ohas seen the boat and thought it cost no less that $2000 and maybe as much as $6500 to repair. If they can drill one hole and blow foam in; that would be the least expensive repair. If they have to remove glass and gelcoat to get to the effected areas the nthe cost rised because more man hours will be needed. As a rule the factory does not repiar boats any longer. Hope this helps. I have had dozens of inquiries and have tried to be as candid as possible. If you could direct me to the news groups I would enjoy seeing what they are saying. Mattias Your sale has stirred some controversy in the boating newsgroups. Any idea what Whaler would charge to correct the hull? David We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

And you think being able to see through your hull is good? SA ***When I grow up, I wanna have a brown nose***

Response:

– Hide quoted text — Show quoted text -I’m just glad my boat doesn’t have a foam core or wood. I can see through my hull if I have one of the speaker holes open on the Sea Rayder. It’s very light, inside the hull, if the sun is shining outside. Can’t be any coring if there’s that much light coming through. If someone holds their hand on the hull while looking at the light, inside, you can see their hand shadow very plainly in the translucent light. Larry And you think being able to see through your hull is good? SA

Listen, if I haven’t broken it to bits jumping tugboat wakes and ocean swells, yet, it’s gotta be made of the right stuff…..(c; Larry….

Response:

We agree. He probably bought the boat as is, and is making up a story to sell it (based on his story I would imagine there is lots wrong with this hull that isn’t being disclosed). People who buy 27′ Whalers usually aren’t first time buyers, have lots of disposable income, and most probably can tell you their lawyer and accountants telephone numbers from memory. Louie PS delamination is a very legitimate claim on any boat. Was he the original owner?

– Hide quoted text — Show quoted text – Louis, I can’t imagine anyone keeping an expensive boat sitting in a repair facility for 9 yrs. If he had a legitimate claim, my guess is Whaler would have corrected it, or he would have won in court. — Jim "People who disagree with ME aren’t just wrong, they’re evil…" Something’s fishy here……why would he let the boat sit for so long? Even if the boat required $10,000 repairs, I would think that most people would have the work done – then gone after Whaler. I think its strange that a boat this expensive would sit for so long over a relatively inexpensive repair – litigation would have been in the owners favor. I have a 1999 commercial whaler – these boats are made for the military, coast guard etc – are not made to be tough not pretty -and are warranted for structural (not cosmetic) flaws. My boat was shipped with some cosmetic flaws -the boats cleats and rails needed to be re-powdercoated -the underside of the gunnels where rough – they needed to be taken off and gelled (this is no easy task) -my leaning post was shipped with no gel on the inside Whaler was contacted – they responded to the dealer – who was told to fix the boat to my satisfaction – period. The dealer had the boat for 2 weeks – everything fixed beyond my expectations. All the cosmetic NON-WARRANTY items I had issues with where fixed at Whalers expense. My suspicion about the boat is question stems from my current (and previous) experiences with Whaler – this story doesn’t sound right. Louie Received 1849 EDT via email: Thanks for the note. I am curious now, what newsgroups are you referring to and what are they saying… As for the repairs. Whaler directed me t oa former employee/manager who runs a repair yard down the street from the factory (he may even own it?). I spoke to the gentleman wh ohas seen the boat and thought it cost no less that $2000 and maybe as much as $6500 to repair. If they can drill one hole and blow foam in; that would be the least expensive repair. If they have to remove glass and gelcoat to get to the effected areas the nthe cost rised because more man hours will be needed. As a rule the factory does not repiar boats any longer. Hope this helps. I have had dozens of inquiries and have tried to be as candid as possible. If you could direct me to the news groups I would enjoy seeing what they are saying. Mattias Your sale has stirred some controversy in the boating newsgroups. Any idea what Whaler would charge to correct the hull? David We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

Hehehee…question is, what kind of light source would be required? 100 M candel power search light, or just a candle? – Hide quoted text — Show quoted text – through the Sea Rayder hull? Rich Stern

Response:

Brunswick makes a bowling pin that’s SO HARD it doesn’t even scuff when hit by a 16 lb bowling ball, over and over and over. Why can’t they make a hull that doesn’t disintegrate when it comes in contact with a wooden dock??

Any boat company could use kevlar or other plastics that are more durable than FRP, but at what cost? For that matter, why not just graduate to steel hulls? It’s possible to make a car that would be nearly impossible to get killed in. But the price and functionality would limit the market (dramatically), right? Few would benefit. through the Sea Rayder hull? Rich Stern

Response:

I’m just glad my boat doesn’t have a foam core or wood.

There are some extraordinarily high quality boats that incorporate foam or wood or both. There are reasons to use both materials, and in the hands of people who know what they are doing, they work very well in boats. Brunswick makes a bowling pin that’s SO HARD it doesn’t even scuff when hit by a 16 lb bowling ball, over and over and over. Why can’t they make a hull that doesn’t disintegrate when it comes in contact with a wooden dock?

And we can put a man on the moon, too. Or, rather, could. — Harry Krause – - – - – - – - – - – - Annoying: Two people who go right on talking when you’re interrupting

Response:

Larry, Whaler no doubt honors it’s warranty committments. But, that does not mean repairs need to take place at the plant. Generally better all around if it is subbed out. A nearby shop operated by a qualified person would be a good solution. Folks who build boats are not necessarily good at repairing boats. Butch

I’m just glad my boat doesn’t have a foam core or wood. I can see through my hull if I have one of the speaker holes open on the Sea Rayder. It’s very light, inside the hull, if the sun is shining outside. Can’t be any coring if there’s that much light coming through. If someone holds their hand on the hull while looking at the light, inside, you can see their hand shadow very plainly in the translucent light. Larry Brunswick makes a bowling pin that’s SO HARD it doesn’t even scuff when hit by a 16 lb bowling ball, over and over and over. Why can’t they make a hull that doesn’t disintegrate when it comes in contact with a wooden dock??

Response:

As a rule the factory does not repiar boats any longer. Hope this helps. Mattias

I’d certainly hope Whaler is still repairing boats that are under the long hull warranty. To refuse to repair a hull, with the warranty still effective, would put them in breach of contract under Magnusson-Moss in several areas where the lawyers could make complete replacement costs of a boat look like a pittance, compared to what the payout would be after the court battle…..if you get my drift. I’m going to be watching this very closely because my Sea Ray and your Whaler are part of the same Brunswick conglomerate corporation. Bayliner owners should also keep an eye on this. Larry

Response:

– Hide quoted text — Show quoted text – As a rule the factory does not repiar boats any longer. Hope this helps. Mattias I’d certainly hope Whaler is still repairing boats that are under the long hull warranty. To refuse to repair a hull, with the warranty still effective, would put them in breach of contract under Magnusson-Moss in several areas where the lawyers could make complete replacement costs of a boat look like a pittance, compared to what the payout would be after the court battle…..if you get my drift. I’m going to be watching this very closely because my Sea Ray and your Whaler are part of the same Brunswick conglomerate corporation. Bayliner owners should also keep an eye on this.

Response:

Something’s fishy here……why would he let the boat sit for so long? Even if the boat required $10,000 repairs, I would think that most people would have the work done – then gone after Whaler. I think its strange that a boat this expensive would sit for so long over a relatively inexpensive repair – litigation would have been in the owners favor. I have a 1999 commercial whaler – these boats are made for the military, coast guard etc – are not made to be tough not pretty -and are warranted for structural (not cosmetic) flaws. My boat was shipped with some cosmetic flaws -the boats cleats and rails needed to be re-powdercoated -the underside of the gunnels where rough – they needed to be taken off and gelled (this is no easy task) -my leaning post was shipped with no gel on the inside Whaler was contacted – they responded to the dealer – who was told to fix the boat to my satisfaction – period. The dealer had the boat for 2 weeks – everything fixed beyond my expectations. All the cosmetic NON-WARRANTY items I had issues with where fixed at Whalers expense. My suspicion about the boat is question stems from my current (and previous) experiences with Whaler – this story doesn’t sound right. Louie – Hide quoted text — Show quoted text – Received 1849 EDT via email: Thanks for the note. I am curious now, what newsgroups are you referring to and what are they saying… As for the repairs. Whaler directed me t oa former employee/manager who runs a repair yard down the street from the factory (he may even own it?). I spoke to the gentleman wh ohas seen the boat and thought it cost no less that $2000 and maybe as much as $6500 to repair. If they can drill one hole and blow foam in; that would be the least expensive repair. If they have to remove glass and gelcoat to get to the effected areas the nthe cost rised because more man hours will be needed. As a rule the factory does not repiar boats any longer. Hope this helps. I have had dozens of inquiries and have tried to be as candid as possible. If you could direct me to the news groups I would enjoy seeing what they are saying. Mattias Your sale has stirred some controversy in the boating newsgroups. Any idea what Whaler would charge to correct the hull? David We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

Received 1849 EDT via email: Thanks for the note. I am curious now, what newsgroups are you referring to and what are they saying… As for the repairs. Whaler directed me t oa former employee/manager who runs a repair yard down the street from the factory (he may even own it?). I spoke to the gentleman wh ohas seen the boat and thought it cost no less that $2000 and maybe as much as $6500 to repair. If they can drill one hole and blow foam in; that would be the least expensive repair. If they have to remove glass and gelcoat to get to the effected areas the nthe cost rised because more man hours will be needed. As a rule the factory does not repiar boats any longer. Hope this helps. I have had dozens of inquiries and have tried to be as candid as possible. If you could direct me to the news groups I would enjoy seeing what they are saying. Mattias Your sale has stirred some controversy in the boating newsgroups. Any idea what Whaler would charge to correct the hull? David

– Hide quoted text — Show quoted text -We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

Rich, My guess is that the web site is a way to "encourage" Boston Whaler to fix whatever the problem is "under Warrenty". I can’t belive that the boat sat at BW for 8 or 9 yrs waiting to be fixed. Michael, Quality is definitely measurable, but I agree that perception of quality or lack there of will impact on the way someone views the product. — Jim "People who disagree with ME aren’t just wrong, they’re evil…" – Hide quoted text — Show quoted text – Quality, or the lack of, in today’s market has become more a subjective perception than a measurable commodity. The automobiles of this era are a good example. No one can deny that there has been dramatic increase in the quality of today’s cars, more so than ever before, and yet most of us older folks still refer to some brands, across the board, as dogs. We remember our old 1962 Dodge (Chevy, Ford) car or truck and, so be it, all Dodge (Chevy, Ford) cars or trucks are dogs forever more. Unless, of course, you look subjectively, and boats are no exception. Boats too, all of them, all brands, are much more reliable than they used to be. The problem is with our self-maintained perceptions, the brand decals that are afixed to the back of our minds rather than our rear windows, perceptions that can be fueled by the increasingly rare and uncommon problem referenced below in the Whaler comment. Today’s lack of quality is more likely to stem from dealings with people, not products. How different the scenario with the Whaler would be if someone at Whaler quickly resolved the problem to the customers satisfaction. What would his opinion of the Whaler brand then be? "I remember my old Whaler back in the late 90’s! Whadda boat is We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

lhfarm1 has an interesting auction history, mostly computer peripherals and software, cdr’s etc. For shit’s and grinns I emailed him asking if Whaler gave him a qoute to correct the hull. This happened to a couple of Scituate men around fifteen years ago on their shakedown run on a new Whaler 21 0r 23. They were steaming along in Cape Cod bay when one of the men noticed water coming through the deck sole. Moments later the hull split in half down the centerline. It was early spring in 42 degree water, one survived to tell his tale to the Boston Globe. I wouldn’t go near this one. David – Hide quoted text — Show quoted text -We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

My guess is that the web site is a way to "encourage" Boston Whaler to fix whatever the problem is "under Warrenty". I can’t belive that the boat sat at BW for 8 or 9 yrs waiting to be fixed.

Jim, I don’t think so. It’s an ebay ad. Putting it out there is a commitment to sell it in a short amount of time, so I don’t think this is about leverage against the manufacturer. Rich Stern

Response:

Rich, Many of ebay ads have "reserve" prices, which really doesn’t make it a bid, just a place to sell a product. I assumed that this item had a reserve price, it does not. This could be one hell of a great deal, or one hell of a expensive nightmare. I saved the site to see what it finally sells for. — Jim "People who disagree with ME aren’t just wrong, they’re evil…"

– Hide quoted text — Show quoted text – My guess is that the web site is a way to "encourage" Boston Whaler to fix whatever the problem is "under Warrenty". I can’t belive that the boat sat at BW for 8 or 9 yrs waiting to be fixed. Jim, I don’t think so. It’s an ebay ad. Putting it out there is a commitment to sell it in a short amount of time, so I don’t think this is about leverage against the manufacturer. Rich Stern

Response:

Very interesting story on the boat. I wouldn’t touch it for any price. It has reportedly been in outside storage for ~9 years with an inner/outer hull delamination. Do you think it might be repairable within the normal selling price of the boat? I wonder what the storage charges are for ~9 years of storage? Do you think Whaler provides free storage? Based on Whaler’s excellent reputation for dealing with people, I’ll speculate that the owner put a lawyer into the picture. Once the laywers get involved the stew is usually ruined. Let’s see… my client lost the use of the boat for X seasons so you owe us a new boat plus $4 million. Gotta earn my fee, you know. ;=) Butch – Hide quoted text — Show quoted text – peripherals and software, cdr’s etc. For shit’s and grinns I emailed him asking if Whaler gave him a qoute to correct the hull. This happened to a couple of Scituate men around fifteen years ago on their shakedown run on a new Whaler 21 0r 23. They were steaming along in Cape Cod bay when one of the men noticed water coming through the deck sole. Moments later the hull split in half down the centerline. It was early spring in 42 degree water, one survived to tell his tale to the Boston Globe. I wouldn’t go near this one. David We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed.

Response:

We spend a lot of words in this newsgroup discussing the reputation of various brands, both good and bad. Here’s a Boston Whaler for sale on Ebay. It’s an interesting auction. Nice looking boat, probably a hell of a fishing machine. Drawback: Some hull delamination during warranty period, never fixed because of some sort of dispute. Boat is laid up at the factory. http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=173720364 I don’t know the story, but I thought it would make a good discussion. How good are Whalers? How good is the company since this boat never got fixed. Rich Stern

Response:

Quality, or the lack of, in today’s market has become more a subjective perception than a measurable commodity. The automobiles of this era are a good example. No one can deny that there has been dramatic increase in the quality of today’s cars, more so than ever before, and yet most of us older folks still refer to some brands, across the board, as dogs. We remember our old 1962 Dodge (Chevy, Ford) car or truck and, so be it, all Dodge (Chevy, Ford) cars or trucks are dogs forever more. Unless, of course, you look subjectively, and boats are no exception. Boats too, all of them, all brands, are much more reliable than they used to be. The problem is with our self-maintained perceptions, the brand decals that are afixed to the back of our minds rather than our rear windows, perceptions that can be fueled by the increasingly rare and uncommon problem referenced below in the Whaler comment. Today’s lack of quality is more likely to stem from dealings with people, not products. How different the scenario with the Whaler would be if someone at Whaler quickly resolved the problem to the customers satisfaction. What would his opinion of the Whaler brand then be? "I remember my old Whaler back in the late 90’s! Whadda boat is

Response:

Author: admin on
Category: Accountants
Tags: Accountants

Accounting Talk » Accounting Software » An "Accounting Technician" ??

An "Accounting Technician" ??

Question:

Hi Everyone, A couple of weeks ago, I asked a question about which accounting software was most preferred by accountants. The concensus was that the client chooses–Quickbooks most likely–and the accountant lives with it. You all answered several questions I had (some I didn’t realize I had) and in the final analysis made me realize that I’d rather work for the accountants than the clients. As a bookkeeper, I always thought that door was closed to me….that anyone working directly for an accountant is an "accountant in training". However, now I’ve come across a school here in Toronto that offers a course called "Accounting Technician". It includes two computer progams (I think one is "Caseware"). I don’t know much more about it. . I want to go into something new but related to my bookkeeping experience and this seems to be a viable direction, but ??? I’d really appreciate your views. Thanks. Judy

Response:

It sounds as though you have some prior bookkeeping experience. May accounting firms not only prepare taxes but also do accounting work for clients as outsourced services. These can include A/P, P/R, G/L, etc. If you have experience in these areas no new training may be needed for you to assume a position with a local accounting and/or bookkeeping service. Of course I’m always the first to encourage additional training/education so don’t let that stop you from pursing the additional education. I mention that only because you may already be ready for one of these positions and then you may get some educational assistance from your new employer both financially and guidance. Truly good firms will help you by helping you set goals and then in meeting them, but of course the real work is up to you. Good Luck Don Regards, Donald A Haney, MBA Emergency Care Specialists, PC "Learning occurs in the mind, independent of time and place." – Plato Hi Everyone, A couple of weeks ago, I asked a question about which accounting software was most preferred by accountants. The concensus was that the client chooses–Quickbooks most likely–and the accountant lives with it. You all answered several questions I had (some I didn’t realize I had) and in the final analysis made me realize that I’d rather work for the accountants than the clients. As a bookkeeper, I always thought that door was closed to me….that anyone working directly for an accountant is an "accountant in training". However, now I’ve come across a school here in Toronto that offers a course called "Accounting Technician". It includes two computer progams (I think one is "Caseware"). I don’t know much more about it. . I want to go into something new but related to my bookkeeping experience and this seems to be a viable direction, but ??? I’d really appreciate your views. Thanks. Judy

Response:

Hi Jude! As Donald mentioned, depending on your experience as a bookkeeper, you may have a good foundation for moving into the "Accounting Technician" area of Public Practise. One CA firm I used to work for had "Technicians" that had been employed for 15-20 years in the same capacity. They were valued for there practical knowledge, and ability to clean up "messes" brought in by clients in a quick and efficient manner. Many firms provide payroll, and general and general monthly/quarterly/annual bookkeeping services to their clients in addition to year-end and tax work. That is where the career technicians (the non-accountants in training types) come in and really shine. One word of warning though… The salary scale for technicians may not be as prosperous as it is for the self-employed person. Regards, David Spence

…As a bookkeeper, I always thought that door was closed to – Hide quoted text — Show quoted text -me….that anyone working directly for an accountant is an "accountant in training". However, now I’ve come across a school here in Toronto that offers a course called "Accounting Technician". It includes two computer progams (I think one is "Caseware"). I don’t know much more about it. . I want to go into something new but related to my bookkeeping experience and this seems to be a viable direction, but ??? I’d really appreciate your views. Thanks. Judy

Response:

Hi Don…..Hi David You’ve both given me some food for thought. I’ve been told by the school here that, with my extensive bookkeeping experience, I could expect to earn about $25/hr as a "Technician". Although you don’t indicate which country you’re in, do you know if that’s BS?? Thanks Judy

Response:

$25 an hour as a technician sounds reasonable in the Toronto market. from halifax, robin

Response:

– Hide quoted text — Show quoted text -Hi Everyone, A couple of weeks ago, I asked a question about which accounting software was most preferred by accountants. The concensus was that the client chooses–Quickbooks most likely–and the accountant lives with it. You all answered several questions I had (some I didn’t realize I had) and in the final analysis made me realize that I’d rather work for the accountants than the clients. As a bookkeeper, I always thought that door was closed to me….that anyone working directly for an accountant is an "accountant in training". However, now I’ve come across a school here in Toronto that offers a course called "Accounting Technician". It includes two computer progams (I think one is "Caseware"). I don’t know much more about it. . I want to go into something new but related to my bookkeeping experience and this seems to be a viable direction, but ??? I’d really appreciate your views. Thanks. Judy

Judy I live in England and in 1995 I enrolled on course for computers (total basics) in 1996 I enrolled on a book keeping course in 1997 I enrolled on course A.A.T (Association Of Acounting Technicians) The course consisted of 3 stages(Foundation,Intermediate and Technician) The Foundation I did not have to do . because of my book keeping course So i went in for the Intermediate (passed) In 1998 I went into the final stage (Technician) and got my results on 28 aug 1999 (and passed) I have been out of work for a while and now I Hope to find employment The course was intense although it was only one day a week but I hope it will see me in good stead You know more about the real world than me because I have never worked in an Accounting environment ever GO FOR the course it will give you so much more knowledge and insite at best it will get you a higher paid job at worst you will know alot more about them things that other people thing are way above your head Andy

Response:

Thanks for the info, Robin. Looks like this might be worth going for. Judy

Response:

Thanks, Andy……this looks like a viable direction for me to go, too. Congratulations and good luck with your job search. Judy

Response:

Author: admin on
Category: Accounting Software
Tags: Accounting Software

Accounting Talk » Accounting Company » Simple accounting query

Simple accounting query

Question:

If the Purchases invoiced are within the Trading and Profit and Loss period then you should enter

Author: admin on
Category: Accounting Company
Tags: Accounting Company

Accounting Talk » Accountants » Gore-tex bivy bags

Gore-tex bivy bags

Question:

In the Pacific Northwest it’s gore-tex or you’re all wet.

Ultrex does work well as an alternative to gore-tex, though I never allowed myself to trust it alone. I always use a tarp over the bivy for foul weather. Griz

Response:

Thomas, I have the OR Bivy (two poles) and have used it in heavy rain storms day after day——I always stayed dry and comfortable, even when water puddled on the surface. Bill – Hide quoted text — Show quoted text – I am planning on buying a Gore-tex bivy bag for sleeping out during spring, summer and autumn. I wonder if the Gore-tex is waterproof enough too keep you dry for days and weeks during heavy rainfall. Does anyone have experience with this? Thomas

Response:

The waterproofness of Gore-Tex bivvies depends on the bivy. My brother’s REI model got him quite wet recently in a light but sustained rain, and then again in a short, moderate rain. Sad to say, but I think that the waterproofness of just about anything falls under the "it depends" category: the brand, model, and exact design of the item under consideration, it’s age, whether the person making it had a hangover that day, whether it was made from a "good" batch of Gore-Tex, whether the seam-sealing machine had been serviced recently, whether you got yours before or after the cost-slashing accountants got to the design and mandated changes ("improvements"), phases of the moon, etc. John

Response:

The waterproofness of Gore-Tex bivvies depends on the bivy. My brother’s REI model got him quite wet recently in a light but sustained rain, and then again in a short, moderate rain.

"Waterproofness" also depends on the understanding of the user. I’ve found that many times the user’s diagnosis of a leak turned out to be false, and that the true source of the the water was condensation. In my experience people usually underestimate the waterproofness of breathable fabrics and overestimate the breathability. YMMV, of course. — Remove "spamnot" to email me. Rob Gendreau Oakland, California

Response:

But, I understand that Gore-Tex bivies are too moisture resistant. Rather, the proper moisture balance can be obtained with a Dry-Loft bivy..

Dry loft is not water proof. Mist or dew yes. Water proof NO Justin Serpico Jr. Microbiology/Animal Science "Mother nature did a good job on this planet…and photography helps me appreciate it." Justin Serpico

Response:

In the Pacific Northwest it’s gore-tex or you’re all wet.

– Hide quoted text — Show quoted text – But, I understand that Gore-Tex bivies are too moisture resistant. Rather, the proper moisture balance can be obtained with a Dry-Loft bivy.. Dry loft is not water proof. Mist or dew yes. Water proof NO Justin Serpico Jr. Microbiology/Animal Science "Mother nature did a good job on this planet…and photography helps me appreciate it." Justin Serpico

Response:

I am planning on buying a Gore-tex bivy bag for sleeping out during spring, summer and autumn. I wonder if the Gore-tex is waterproof enough too keep you dry for days and weeks during heavy rainfall. Does anyone have experience with this? Thomas

Take a lightweight tarp also and you should be fine. Some netting on the bivy is necessary, the bugs might chew you up. Griz

Response:

I only own a coated nylon North Face bivy and use it only in emergencies… But, I understand that Gore-Tex bivies are too moisture resistant. Rather, the proper moisture balance can be obtained with a Dry-Loft bivy.. Perhaps others can confirm this. Also, some kind of pole system is useful to lift the mid section of the bivy. Most bivies come with a small hoop system. I’ve adapted my bivy to use the rear pole from my Sierra Designs Clip Flashlight… yoyodog ——-

– Hide quoted text — Show quoted text – I am planning on buying a Gore-tex bivy bag for sleeping out during spring, summer and autumn. I wonder if the Gore-tex is waterproof enough too keep you dry for days and weeks during heavy rainfall. Does anyone have experience with this? Thomas Take a lightweight tarp also and you should be fine. Some netting on the bivy is necessary, the bugs might chew you up. Griz

Response:

The enemy (Mr. Moisture) is from within. There is no question that Goretex is waterproof. However, it or any other fabric like it, cannot vent out the pint+ of moisture that comes out of the pores of the average human while they sleep. As days go by, sleeping bags tend to become damp to wet. This is especially true when the evaporation rate is slow (i.e., when the humidity is high or it is raining). Vententilation at both ends is necessary for long term moisture management. Not to put down bivy sacks and bivy tents — They are light weight, easy to set up and add substantial warmth. I use a bivy tent for solo backpacking on trips where reducing weight is a prority. Best used with a synthetic bag. My two cents, David — * Above The Trees Wilderness Page * www.mindspring.com/~treeline – Hide quoted text — Show quoted text – I am planning on buying a Gore-tex bivy bag for sleeping out during spring, summer and autumn. I wonder if the Gore-tex is waterproof enough too keep you dry for days and weeks during heavy rainfall. Does anyone have experience with this? Thomas

Response:

Author: admin on
Category: Accountants
Tags: Accountants

Accounting Talk » Accounting Software » Daceasy Accounting Software

Daceasy Accounting Software

Question:

Hi! Do you know whether Daceasy is one of popular accounting software? How about to compare with QuickBook and Peachtree? Joseph

Response:

All the those you mentioned are popular. Popularity should NOT be a factor in your considereation of purchasing an accounting software. – Hide quoted text — Show quoted text – Hi! Do you know whether Daceasy is one of popular accounting software? How about to compare with QuickBook and Peachtree? Joseph

Response:

Author: admin on
Category: Accounting Software
Tags: Accounting Software

Accounting Talk » Accounting Services » (Job) ATL Acct. Supv.

(Job) ATL Acct. Supv.

Question:

Thanks for the rapid responses! Here’s some additional contact info: Contact name: k. emory voice: 512-306-9486 fax: 512-306-9488

Response:

Status: URGENT Detail: Rpt to – Dir. Fin & Adm. Performance: overall resp. for daily acctg process improvements, notes and loans acctg. process mgmt., non-resident state taxes process mgmt., acctg. policies implementation and ctrl., supv. train and cross train acctg staff, systems implementation (ATSW, SAP, shared services center), etc. Skills – MSOffice, MSExcel, MSAccess, 4-6 yrs. accounting exp. with supervisory and/or mgmt exp., Degree in Acctg. Contact: K. Emory 512-306-9486

Response:

Author: admin on
Category: Accounting Services
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Accounting Talk » Accounting Cost » Commodity Futures – Accounting and Tax Entries

Commodity Futures – Accounting and Tax Entries

Question:

If you have some background in recording purchases and sales (including short sales) of commodity futures for accounting and tax purposes, I would appreciate reading how you record them. A person usually deals with a broker and puts up a margin deposit for the purchase or short sale. The deposit for the futures contract is small when compared to the price of the actual contract. Suppose you deposit $5,000 with your broker for a $20,000 futures contract and you later sell the contract for $30,000. Ignoring commissions, your broker would give you back $15,000 – your $5,000 deposit plus your $10,000 profit. There are two basic ways you could record this: 1. You record your purchase as $5,000, your sales revenue as $15,000 and your gross profit as $10,000; or 2. You record the $5,000 deposit as a receivable from your broker, and the $20,000 as contract inventory and a payable to your broker. When you make the sale, you would crdit sales for $30,000, debit $20,000 to the payable owing your broker, and debit $10,000 to the receivable owing from your broker. You would also make another entry transferring $20,000 from your inventory to contract purchase costs. At this point, you would have a $15,000 receivable owing from your broker, contract sales of $30,000, a purchase cost of $20,000, and a gross profit of $10,000. The first way is easier. What are your views? — Cheers, LLOYD LINDSAY – Chartered Accountant

Response:

SFAS#80 addresses the accounting for futures contracts. There is a good example of such in Appendix B beginning Paragraph 17 of the Statement which also includes interim reporting, recognition of gains and losses, etc.

Response:

Author: admin on
Category: Accounting Cost
Tags: Accounting Cost

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