How To Post And Balance Off The AAT’s 3-Column Cash Book

Is posting to the 3 Column Cash Book driving you barking mad?

Is posting to the 3-Column Cash Book driving you barking mad? Posting and balancing off the AATs 3-column cash book has always been a bit of a tricky one for students. So, in this blog, we will run through the major points and will also go through a worked example. As you will know, there […]

How To Become An Accountant

become an accountant

We are frequently asked the question “How do I become an Accountant”. This is a very short question with a very long answer! If you want to know how to become an Accountant, the first part of the answer must unfortunately be another question: “What sort of an Accountant do you want to become?” There […]

How To Study AAT Via Distance Learning – Boris’s Top 10 AAT Study Tips

Boris's Top 10 AAT Study Tips

Undertaking an AAT distance learning course can be a real challenge. So, we asked AL team member Boris (aka the Southernhay Cat) to compile his best tips on keeping you motivated in achieving your goals: 1. “This is MY space” Creating a good study space is really important. It’s no good trying to study with […]

How To Make Sense Of AAT Accruals And Prepayments Part 2

Accruals and Prepayments BLOG Featured Image

Accruals And Prepayments Example No. 2 As students often take a little while to get their heads round accruals and prepayments, we thought we would work through another example. So here it is: Have you seen our Accruals and Prepayments BLOG Part 1? If not, then please view that one first – you can read it […]

How To Make Sense Of AAT Accruals and Prepayments

Accruals and Prepayments Blog

Whilst marking various progress tests and practice assessments, I find there are certain areas that regularly cause students problems. In the AAT Level 3 Advanced Diploma (and within Accounts Preparation / Advanced Bookkeeping), one of the problem areas tends to be Accruals and Prepayments (yes I saw you shudder and pull a face!) Below are the […]

Do Graduates Earn More Over Their Lifetime Than Apprentices?

BLOG: Do graduates earn more over their lifetime than apprentices

Do graduates earn more? The BBC website recently reported on a paper by the Intergenerational Foundation stating that “Successive governments have used the graduate “pay premium” to justify the continual increases in University fees. (http://www.bbc.co.uk/news/education-36916009 ) This “premium” is the amount of extra money it is estimated a degree can help graduates to earn over […]

If your want to “pick your own” you may need to grow them yourself!

Pick Your Own

Will the UK will see a shortfall of 10,200 qualified accountants by 2050? According to recent research carried out by APSCo member Randstad, the UK will see a shortfall of 10,200 qualified accountants by 2050 due to many factors, including skills shortages and restrictive migration policies and work permit laws. This is despite statistics published […]

How To Calculate VAT on Settlement Discounts: A reminder of the changes

VAT and the NEW settlement discount rules

Are you ready for your head to hurt!?! Up until 31 March 2015, suppliers making offers of early settlement discounts were permitted to put on their invoice (and account for), the VAT due on the discounted price, even if the full price (i.e. the non-discounted amount) was subsequently paid. However, HMRC have changed the rules, so […]

PQ Magazine Awards 2016 – Did We Win?

Simon Deane, Graham Hambly and Prue Deane at PQ magazine awards 2016

PQ Magazine Awards 2016 Photo above: L to R – Simon Deane, Graham Hambly and Prue Deane We submitted our entry for the PQ Magazine Awards back in December for the “Accountancy College of the Year (Private Sector)” category. In January, we were notified that we were a finalist and an invitation to the awards […]