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Old 04-09-2005, 04:18
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Sirgezza Sirgezza is offline
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Quote:
Originally Posted by dizbuster
Gez might have a few ideas on this, as he's a qualified number-cruncher.


Ermmmmmmmm,

Not many ideas actually mate, but you are correct in what you say regarding different ways of doing things in different countries.

Published accounts are prepared using rules drawn up over the years. SAAPs (statement of accounting practices) are rules of how to prepare the figures e.g. SAAP 2 includes STOCK - ''stock must be valued at the lower of COST and Net Realiseable Value''. There are then several ways of valuing stock (LIFO,FIFO average cost etc.) Then there are FRSs, SORPS which are further rules. They bring them out every year and make life difficult for your underpaid accountants. These are different from country to country, so if you've been preparing accounts in one place and then move abroad, you need to read up on the rules of that country.

The best chance of an accountant getting work in LOS is through working for an NGO (Non Government Organisation) such as Save the Children, Oxfam etc.

I had an interview with Save the Children about 6 years ago (one of the jobs was covering the far east ) Some time spent in London and some abroad - did not get it

There is an organistaion called MANGO (management accountants for non government organisations). They are like an agency who have accountants on their books who are willing to travel to disaster areas and help with keeping account of donations used in rebuilding etc. Mostly placed in Africa (civil war etc.) but I guess someone could have ended up in LOS after the Tsunami. Not sure who is administering the millions of ££££ donated by Brits?
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