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My month of June 2015 so far

The first week I was set to work onsite at a client in Surrey, however this was rescheduled (which can happen last minute in audit) and so I was in the office working on an accounts prep for a small property company. Accounts preps are rarely straightforward as you have to get an understanding of the client by looking at their prior year accounts and develop an expectation of how their accounts should form this year.

I was set to work on this fairly autonomously, but with some help from a few friendly seniors I was able to produce the bulk of the work by the end of the week. That Friday we also had a leaving lunch and evening drinks for the Assistant Manager, Dino Campanaro, who had been at Shipleys for 7 years since he was a trainee.  It was sad to see him leave and we wish him all the best in his future career.

The following week I was back at Kaplan to finish my Financial Accounting and Reporting tuition – one of the 3 exams I will be sitting in September. We were given a mock exam, which seems scary several months before the exam but was just to test our progress so far. We begin the ‘revision phase’ in August and so until then it’s a matter of solidifying my understanding of the course. I will begin tuition for Tax Compliance and Audit & Assurance next week.

This week, the client side of things in the office has been slow so I have used the time to update my training log ready for my 6 monthly review next month. This involves keeping a log of how many hours worth of audit and accounts work I have achieved so far, as sufficient  practical experience is part of the requirement to become ACA qualified.  There are also ‘skill ladders’ in areas ranging from team work to technical competency that need to be achieved at the end of the 3 year training course. Part of the 6 monthly review is to ensure the firm allocates your work to areas to help you stay on track to achieve these.

Today is the assessment day for the August intake at Shipleys. Myself and some fellow trainees and seniors will be spending lunch answering questions to the candidates and showing them around the office to give them a feel for what it would be like to join us. Jane has given an insight into the day below, and whilst it’s a challenging and nervous day, it is also an exciting chance to potentially enter into a fantastic career with us.

 

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Terinder Bhangal

I'm part of the most recent graduate intake working as a Junior in the Audit Department, having graduated last year in Economics from the University of Leicester. My work is split roughly into two-thirds of Audit work and a third training to become ACA qualified.

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