Sam’s Accelerate Diary 2016 – Up for a Change…

Bored of school or University? January blues hanging over into February? Wish it was just Christmas again? Then have a read of my blog about my dynamic few months at Grant Thornton and hopefully it’ll make your day a little bit more interesting!

After a busy Christmas, and settling into getting over those miserable January blues, I thought it would be a good time to blog about what I have been getting up to in Commercial Audit. A lot has been going on –  within Spilling the Beans we’ve welcomed some new team members whilst also having to say goodbye to some of our long-standing previous members, as they move out of trainee life and onto the next steps in their careers! Here’s a summary of everything I’ve been doing, everything I’ve heard about that’s been happening, and some updates on the team…

I’ll start with the exciting stuff…WE HAVE A NEW TEAM!

On Friday 29th January we welcomed Chris O, Pete, Charlotte, Stephen, and Chris G to the team, of which some names may appear familiar, as they were previously Campus Community Managers at various universities across the country. You may have even met some of them before they were part of the team if you are lucky enough to be reading this as a university student! We are working to get their faces up on the site, and to share with you what qualifications they are doing and which offices they are based in

I have also just finished my first in-charge role (I am in my second year in audit), which was an unnerving and challenging experience. If you are not familiar with what I’m on about, click here to find out what it meant to Catherine to in-charge for the first time. It went really well for me, and it’s great to be able to have had a shot at being an in-charge, having learnt so much since I joined in August 2014.

I have been working with small and large teams, and have been out on client sites in London, Cambridge and Derby and had a taste of different sectors that I haven’t worked on before. This has given me a better idea of how certain industries run, and what drives them (in the case of Derby, it was quite literally cars…no pun intended).

For those of you that may be flicking through the Financial Times before interviews, or hearing about changes in audit on the news, you may have heard about the recent move from UK GAAP (the standard style for how a set of accounts should be presented in the UK) to FRS 102 (a new updated version, that means there are different requirements for information in the accounts, to ensure that viewers are getting the full picture). This change became effective for everyone with a financial year ending on 31 December and has slightly changed the way we perform our audit work. It doesn’t have a huge impact on the tasks that  a trainee is involved in but if you’ve got an interview soon, make sure to look it up, as it’s considered to be a current ‘hot-topic’.

Looking forward to the next few months…we have our national induction event at Bradenham today, where we will be  sharing content with you on all the exciting things that the new trainees experience whilst they are there. I am off to Bradenham myself at the end of February (something I always look forward to), – check out our twitter feed to find out what I do there as part of my training. Mid-March is college time, so look out for the next diary extract that’ll hopefully be post-madness, full of updates, news and changes at Grant Thornton over the next few months.

Until then, keep in the loop about what’s going on in the accounting world, and email me if you have any burning questions on sam.a.hillyer@uk.gt.com .

Cheerio!

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