Article Abstract:
Differences between American and British accountants include differences between generally accepted accounting principles and in the training of accountants. In the U.S., one may not qualify as a certified public accountant until one graduates from college; salaries for American trainee (post-college) accountants are much better than those of their British counterparts and they are recognized as members of a professional group. Thus, they have more time to devote to their careers. However, the American system has the disadvantages of much higher pressure and Americans have not yet adopted the European system of trading some of the economic rewards for more leisure time.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
An analysis is given of the consultative paper 'Effective Education and Training for the 21st Century' published by the The Education and Training Directorate of the Institute of Chartered Accountants in England and Wales concerning the training of chartered accountants in England. Different approaches to education and training of accountants are discussed, as well as training entry standards and recruitment, and association of the Institute with other educational establishments.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The results of a survey of the disclosure of companies' pension costs in annual accounts in the UK are discussed, with focus on the need to be clear about the assumptions made about costs.
User Contributions:
Comment about this article or add new information about this topic: