fun

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
hi i have recently joined this discussion forum i find it really interesting. i have just passed my level 2 im really happy and looking forward to starting level 3 in a few weeks. i am having evening classes at my local college, i was really worried when i first started because i was the youngest in my class and i thought i would fall behind i, at the beginning i was unemployed. and everyone else had a job to back them up. but fortunatly last year i found my self a full time job with a small firm of accountants. i love it. is any one else really excited about what the future holds, especially when we pass all our exams and become qualified.<BR>also is any one selling any intermidiate osbourne books for me this year.<BR><BR><BR>please reply i have written before but know one replied.<BR><BR>thanks <BR>loudan30 <BR><BR>how do you get the pictures of your selfs on here.???

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    Top right hand corner of the screen is PROFILE<BR><BR>Click profile and then you can add pictures!!!<BR><BR>Cant help with Books as im still intermediate level!!<BR><BR>Amanda
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    ok thank you. how did you get on in exams. where are you stuyding?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    I have just passed FRA and now doing ECR for December by home study with Premier Training!!<BR><BR>Amanda
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    well done!!!!!!!!!!!!!!!!! how long have you been stuyding? . why did you want to get in to accountancy?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    I started last year in Jan doing foundation.<BR><BR>I was bored from the Xmas period and decided to do a course, my employer sugguested AAT and he would pay - so I chose to do AAT.<BR><BR>I set up the MSN Groups to help other students and i feel it took off quite well and would say more people know more about me than I do, lol.<BR>I would have thought most people on this board know me in someway - either I help them or anoy them!!<BR><BR>Amanda
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    I'd say:<BR><BR>Help!<BR><BR>Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    sorry i might sound really silly as im new but what is the msn group???<BR><BR>im thinking about after the AAT to do the ACCA ive been on the websitet to gt some info but the website does not help alot . dont suppose you know anything about it. x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    Hi Loudan.<BR><BR>There's a message board, lots of useful stuff and a monthly chat night.<BR><BR>Send a brief message and someone will approve you:<BR><BR>http://groups.msn.com/AATIntermediate<BR><BR>Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    THANKS!!!!!!!!!!!!!!!!!!!!!!!! <BR><BR>Im at work at the mo and u have just started to learn about depreciation . could you explain to me in simple terms what it is cos my bosses are out at the mo and im kinda stuck. i wanna know what it is for to understand it more.<BR><BR>e.g if i brought a new computer what would i do with it as a fixed asset. <BR>i know how to work out depreciation but not what it used for<BR><BR>same with NBV<BR><BR>help
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    I not sure upto what stage or detail you want this in.<BR><BR>Simple terms, the way I see it, is<BR><BR>You buy a PC, Its going to last more than a year, (you hope, lol)<BR><BR>So you buy for 1000 say and you enter this into your accounts. It would be wrong to account for the whole 1000 in that year, afterall its going to last say 4 years.<BR><BR>So what you are doing is spliting the cost 1000 between 4 years accounts. Sharing the cost over the years.<BR><BR>So the NBV is the amount the PC is at that date, ie Cost 1000 Depreciation is 250 after first year so within the second year the PC is worth 750.<BR><BR>Is that too simple or clear what you wanted to know!!<BR><BR>MSN Groups- Someone - would be ME. The mangers are Me, Kate and Shaz and shaz is on holiday sunning it, Kate is tired up with kids at the moment!!<BR><BR>Amanda
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    is that what is called the depreciation charge for the year 25% of the original costs.<BR><BR>eg if i was doing a set of accounts and the cost b/f was 5000 and in my year the client brought a new printer this would be additions then the cost carried forward would be the 5000 plus the new printer.<BR><BR>the depreciation brought forward would be the 25% of the 5000 then the charge for the year would be 25% of the new printer. then the charge b/f plus new charge would be the depreciation c/f.<BR><BR>why is this called a charge?<BR><BR>nbv is the cost of the fixed assets in this year.<BR><BR>am i on the right track. <BR><BR>lol loudan30 xxxxxxxx
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    Its not even 9am and this is testing me!<BR><BR>Its called a charge as its the amount its costing to use that PC / Printer for the year.<BR><BR>You would do each fixed asset on its own, which I think you said that. Most companies would have a fixed asset register as its easier to calculate the depreciation charge / cost on each item.<BR><BR>Because depreciation charge goes in the P&L account, it is the amount its cost to have that fixed asset that year.<BR><BR>Making sense?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fun

    yea thanks it makes it clearer now thank you<BR><BR>who needs college when we have got you. lol<BR><BR>sorry about all questions <BR><BR>catch up with you later.<BR> xxxxxxxxxx

Categories

Privacy Policy