October has been a month that has seen me really start to pick up the pace of revision. With my first two ACCA exams taking place on the 3 and 9 December this might sound like a lifetime away, but what with working full time and trying to squeeze in a little bit of a social life, the revision has to start now. This has caused me to feel somewhat like a working, revising robot so, at the end of a hard days revision, for which I had taken a day’s holiday, I treated myself to…
If you follow me on Twitter you’ll see that this month has been a good one, beginning with a trip out to what was my first ever audit client, this time bringing a long our new school leaver. It was great fun having a new member on the team, and I was feeling somewhat nostalgic as I taught him the ways of the bank section – my first ever task out on audit!
This month has been a really great one. It’s been hot, there have been barbeques, birthdays, bank holidays (although sadly the last one of the year until Christmas Day – scary!). The month began with me receiving my final AAT result and I am now over the moon to tell you that I am AAT qualified leaving me ready to take my next big step into the world of ACCA. Read this post
As an Accelerate trainee, I am set to endure 5 years of training and exams, with the exams only getting harder, meaning that the preparation only gets tougher. With this in mind I have really relished having a whole month exam and revision free, while I await my final AAT exam result with the hope that by the end of the summer I will be AAT qualified and ready to step full of energy and enthusiasm into the next stage of my journey at Grant Thornton – studying to become a chartered accountant with the ACCA. Read this post
This month saw me complete what was hopefully my final AAT exam – Financial Statements. With the Business Tax results not yet released, I now find myself desperately logging onto the AAT website in the hope that I will see the highly anticipated ‘competent’ result for my final two exams, which will bring the total up to 13 exam passes!
First thing’s first, I got my Personal Tax results and passed! With this big weight off my mind I headed off for a week in Ibiza to relax and not be tempted to look at my emails.
On my return to the office for the first time in a month, I got stuck into some audit planning work. An audit consists of planning, fieldwork and concluding stages. When you begin life as an audit trainee at Grant Thornton you are thrown straight into the middle part, the fieldwork.
This month has been an agonising one, eagerly logging onto the AAT website daily in the hope that my Personal Tax results will have been posted. At Level 4, unlike Level 3 where you receive your results as you walk out of the exam, results take between four to six weeks to arrive. Alongside this, I have sat tuition for my Business Tax exam. The tuition phase was double the length of the Personal Tax tuition at four days long, meaning double the volume of information to absorb. As with Personal Tax, I found the module an extremely interesting and relevant one leading me to wonder about the possibilities of secondment at the end of my training contract (three years away!).
Many of you may have already become familiar with Nick’s Diary over the last few months. I have pleasure in starting my own monthly diary entries so you can get an insight into the daily workings of an Accelerate Trainee.
I, along with many other trainees at Grant Thornton, have been tweeting for a good few months now, with my particular aim being to try and give you a taste of what life is like as an Audit Accelerate trainee.
Many people are aware of the Graduate schemes offered by many firms, and universities put a lot of energy into ensuring their students know what is out there for them. However with university fees rising there is a lot more interest in the other options available. One such option that I chose to take was to join Grant Thornton straight from college as an audit trainee. Through this diary I aim to give you more of an insight into life as an Accelerate trainee.
In the past month we have entered the ‘busy’ season which Phil wrote a blog about last week. I have certainly felt the squeeze moving from one client to the next with no time in-between. This has included carrying out the various admin tasks that build up when you are out at a client’s site, such as filling out job review forms, assessing how we have performed on jobs, and even the simple things like booking holiday! Having said that it has been an exciting time. I have worked across Suffolk and Essex over the past month from technology clients to haulage firms, and carried out my first solo audit. Although this was a daunting task, it was a good one to dive into. I had worked on the audit last year as an assistant, so I was familiar with the surroundings and as I got stuck in I found the week flew past!
Alongside the busy audit schedule, I had the dreaded task of completing my ICAS project. This is a project completed at Level 4 AAT, assessing the internal controls of a company and making recommendations to reduce the risk of fraudulent activity occurring within their company. I find that I am more of an exam person, so the prospect of doing a project had been looming over me since Christmas. This month therefore I decided to bust it out, which involved a couple of Saturdays of hard graft, after which all had been submitted and just yesterday I received confirmation of a pass!
My favourite part of the last month though was travelling up to London for my first Spilling the Beans team day where I got the chance to meet the team and have a fun day of sharing ideas, planning our paths for the next six months and eating doughnuts! We also had our Quarterly Business update in the office which involved colleagues coming down from London to present to us about how the firm is moving forward and interestingly to encourage us in the use of social media.
So now I look ahead to another busy month, broken up by college where I will be studying for my Business Tax exam (thankfully without the worry of the ICAS project looming over me) and hopefully with a promise of some sun ? I remember when we used to have a thing called seasons, I quite liked those…