What questions should you ask at an interview?

It's a pivotal point in the interview, the tables are turned and you’re asked if you have any questions for the interviewer.

How to ace a competency-based interview

A competency-based interview is designed to test whether you have the specific skills that match the job, as opposed to finding out about your qualifications and experience.

How to ace a phone interview

You can increase your chances of getting through to a second interview by following a few simple steps.

The most common interview mistakes and how you can avoid making them

While you may look like the ideal candidate on paper, it is essential you make a good impression in person.

Operation preparation: how to achieve the perfect interview

The day is your chance to shine, make the most of your opportunity.

Modern roles – is Finance Business Partner for you?

We look at the emerging role of Finance Business Partner in the modern accounting industry.

Career profile: Assistant Accountant

Ellie Garratty is an assistant accountant with Mazars, an international audit, tax and advisory firm.

Career profile: Audit Associate

Being an audit associate requires good financial skills, the ability to communicate effectively, and a willingness to ask searching questions. In our interview, Caitlin M Davis, Audit Associate at Grant Thornton UK LLP, talks about choosing a firm with the right culture, talking to CEOs on a daily basis, and the excitement of understanding how... Read more »

Career profile: Finance Manager

Being a finance manager requires a deep understanding of how the business works, great communication skills, and a love of figures. Jess Brindle is 23 and finance manager of Social Chain, a digital marketing company in Manchester. In our interview, she talks about how she was headhunted to become finance manager of a start-up social... Read more »

Career profile: Finance apprentice

Jade Cheshire is a Finance Apprentice at Network Rail. In our interview, she talks about how she decided to become an apprentice rather than going to university; how she has enjoyed studying with AAT, the challenges and excitement of working for the public sector, and how communication is a big a part of her job.

From self-doubt to self-starter with AAT

After redundancy Katrina Borissova fought off self-doubt to start a small soap business

From adversity to diversity, one member’s battle with racism

When Jacqui Burnett (FMAAT) was repeatedly shunned by a colleague, she placed a vase of flowers between them and got on with making a difference. You can never tell where a finance qualification will take you. Back in the eighties, Jacqui Burnett (FMAAT) found it hard to even get a job. Now she is an... Read more »

Surviving Brexit and overcoming obstacles with AAT

Diana Mikolajewska, MAAT, has overcome many challenges to build her accounting career.

For the love of tax: meet the accountant helping clients become financially free

Caroline Hocking has bright red hair, tattoos, piercings and rides a motorbike. Her approach to accountancy is a little different, too. Caroline Hocking FMAAT, the founder of Cornwall-based Mona Accountancy, is on a mission: to bring financial freedom to clients. A big part of this, she says, is opening up conversations and being comfortable discussing... Read more »

From AAT apprentice to director – there’s no limit to success

Apprenticeships work for high-flying professionals who want to make rapid progress, just ask Laura Whyte MAAT,

How to supercharge your CV

Do you think you're right for the job, but not sure how to prove it ? Consider our tips to make you stand out to employers.

How to get the job you deserve

You’ve got the qualifications, but suddenly it seems like everyone else does too... And when you're competing for the top accountancy and bookkeeping roles, how do you stand out?

How to get your CV noticed

Top tips to make sure your CV doesn’t end up on the rejection pile.

How to make your CV stand out – we answer your questions

Karen Young, Director at Hays Accountancy and Finance, provides expert advice on how to make sure your CV has the best chance of getting you selected for that all important first interview.

Make yourself stand out: how to write a CV with no experience

A CV featuring lots of work experience isn't the only way to put yourself in the running for your dream job.

One-year delay for MTD will help businesses but could feed complacency

A delay will help business - but is it a mixed blessing?

Landlords and MTD for ITSA: your questions answered

This content is brought to you by FreeAgent. With the introduction of Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) drawing ever closer, award-winning software provider FreeAgent has been helping practices and their clients get ready for the changes that lie ahead. From April 2023, sole traders, partnerships and landlords with income... Read more »

How to communicate to your clients about MTD

The next phase of Making Tax Digital (MTD) for VAT and the introduction of MTD for Income Tax Self Assessment (ITSA) are fast approaching.

How to sell Making Tax Digital to small businesses

Small businesses need persuading MTD is a positive step, rather than Big Brother dictating.

Is Estonia a blueprint for how digital taxes could work in the UK?

Welcome to the future - tax returns filed in minutes; pension and payroll data available in a few clicks

Should office parties get a tax break?

Some experts want a relaxation of the rules to help the return to the office - are they right to do so?

Are you prepared for another lockdown?

Omicron is raising the possibility of another lockdown, so how are businesses preparing?

HMRC update – coronavirus grants and self-assessment returns

After a difficult year, HMRC is encouraging the early filing of self-assessment returns.

How businesses need to ‘wrap up’ the Coronavirus Job Retention Scheme

The furlough scheme may be closed, but paperwork and record-keeping requirements remain.

Why we need lower, flatter taxes to pay for Covid-19

As we return to work, the pandemic bill has to be paid. Eamonn Butler of the Adam Smith Institute believes he knows how

Why we need to be constantly evolving as accountants

Georgia Duffee has created a dynamite one-woman accountancy business by committing to continually streamlining her strategies alongside the ever-changing economic landscape.

5 ways to power-up your accounting firm post-lockdown

Here are five things to implement now in order to kick-start your business and bring success post-lockdown.

4 things that could reshape the future of audit

After three critical reports, the prospect of a new regulator and the break of the Big Four, audit could be on the cusp of meaningful change. Financial auditing is frequently in the news, thanks to a growing list of court cases and fines. Public perception of auditors is low due to failings; while the regulator... Read more »

Expert predictions on how tech will change in the next 10 years

How will accounting technology develop over the next five years? AT spoke to experts to find out.

Does accountancy still offer a safe career after the mayhem of Covid-19?

In times of crisis the accountancy industry tends to thrive. But will the profession still be a stable career choice in the months and years to come?

SMEs could face a cancel culture over credit

SMEs may struggle to get credit if they don’t start embracing Environmental, Social and Governance (ESG) goals

Did you know you could volunteer from home as an accountant?

Your accountancy skills are highly sought after by many charities and community groups, so if it’s something you’re considering, how do you find the right volunteer role to get involved with?

Is the typical finance team measuring carbon?

Regulations are on the way and there is pressure from customers and employees to account for carbon. So how are finance teams responding?

How should businesses prepare for new climate impact disclosures?

What can businesses do to prepare for the Chancellor's new Sustainability Disclosure Requirements?

Putting AAT’s ethical guidance on sustainability into practice

AAT has produced new ethical guidance on sustainability - here's what it looks like in action.

Sort out your own money: 10 New Year resolutions for your personal finances

Accountants spend all their time looking after other people’s money, but sometimes their own personal finances could do with a money MOT.

The 10 best accountancy books for 2022

Christmas is often a season of novelty presents. Let's make New Years the time for getting yourself a gift to stimulate your brain, generate some new ideas, and possibly make you wealthier in 2020?

Are you prepared for another lockdown?

Omicron is raising the possibility of another lockdown, so how are businesses preparing?

Government drops insurance plan after AAT’s Accountable campaign

Professional Indemnity Insurance is not the answer to raising standards

Why cyber criminals want to target accountancy homeworkers

Hybrid working is proving a hit with accountants, but that opens the door to increased risk

Keeping on the right side of compliance

AAT's new guidance show how accountants can stay on top of compliance

What is changing in the world of R&D tax credits?

Significant changes are in the pipeline and HMRC is ramping up investigations into fraud

How should businesses prepare for new climate impact disclosures?

What can businesses do to prepare for the Chancellor's new Sustainability Disclosure Requirements?

AAT and accounting sector react to post-Covid budget

AAT has welcomed changes to CGT reporting and R&D tax breaks

How would accountants change the tax system to pay for Covid-19 and recovery?

Accountants share their proposals to balance the books, post Covid-19.

AAT moves to Canary Wharf to meet net zero target

AAT announces an office move and a hybrid working to boost sustainability

One-year delay for MTD will help businesses but could feed complacency

A delay will help business - but is it a mixed blessing?

Accountants plan for impact of ‘unfair’ national insurance rise

Budgets are being revised and NI mitigation plans drawn up for businesses and employees

Taking the pain out of the month-end close

Members in business talk about strategies and tools that can help make the monthly close pain-free.

How members in business make light work of the annual reporting season

Finance teams discuss how they take the hassle out of the annual reporting process.

Compliance challenges of the new VAT distance selling regime

What are the practical challenges for accountants and finance teams?

How to supercharge your CV

Do you think you're right for the job, but not sure how to prove it ? Consider our tips to make you stand out to employers.

UK tax overhaul will cut errors – but at what cost?

A new tax system starting in 2023 will simplify tax promises better administration for small businesses and the self-employed,

Will hybrid working hold back junior employees?

What will the long-term experiences – and prospects – be for new hires in a world of hybrid working?

The psychology of getting your price right

How to feel confident in charging what your service is worth

CBILS guarantors could face repayment debt

Business owners who have become personal guarantors could be liable for 20% of the debt.

AAT supports new guide to sustainability reporting

Guide will help accountants and finance professionals stay ahead of the curve as momentum builds for more ESG reporting.

Is Estonia a blueprint for how digital taxes could work in the UK?

Welcome to the future - tax returns filed in minutes; pension and payroll data available in a few clicks

Are banks setting out to compete with accountants?

Are banks offering free accounting software in order to promote self-service accounting?

Does Government need to extend support as lockdown continues?

We assess the implications as the wait for lockdown to end continues.

Slow VAT registrations – how to cut the chances of delay

The high volume of new applications for VAT registration numbers continues to cause delays and frustration.

VAT deferral scheme: know the deadlines and your options

Businesses need to take essential steps before – and after – the VAT deferral new payment scheme closes There’s just one month to go before the closure of HMRC’s VAT deferral new payment scheme. That means businesses that deferred VAT payments last year have until just 21 June 2021 to join in order to pay... Read more »

Insurers – compulsory PII is the wrong idea at the wrong time

Insurance expert David Blackman assesses HMRC’s proposal to raise standards in the unregulated sector.

There’s no better time to pass your Synoptic: Top tips for success

Many aat students will be taking their Professional Synoptic assessments in the next month. We help you prepare for the culmination of years of study, months of revision, and a test of whether you can apply the knowledge you've accumulated and use it in a real-life situation.

What you should know about the new HMRC penalty system for late submissions

HMRC has introduced a new points-based, late-submission penalty system - how well will it work?

What you should be doing to achieve diversity and equality in your finance team

How to create a D&I strategy that impacts colleagues, stakeholders and customers

Your views: how new CJRS calculations will work

What do accountants think about new Government for the next phase of furlough?

How should non-essential retail businesses be reopening?

Accountants share their views on essential actions for retailers as they emerge from lockdown

What’s changed about the VAT returns process this quarter?

VAT returns for March 2021 are looking different to previous years. Here’s what accountants say about the changes.

After coronavirus, can Government afford the cost of unregulated accountants?

Accountants have become key workers in the pandemic - but not all can be trusted.

How the four nations view life after lockdown

We look at the state of play across the four nations for exiting lockdown.

Recovery loan and the super-deduction: can they save businesses?

Accountants give their views on the new measures outlined in the Budget

AAT responds to Rishi Sunak’s budget to reboot the economy

Has the Chancellor made the best choices for business and the economy?

Accountants increasingly optimistic over lockdown exit strategy

The Prime Minister's "irreversible" route out of lockdown is a cause for optimism.

IR35: new guidelines leave accountants wanting more clarity

The Supreme Court ruling on Uber’s drivers has put contractor use in the spotlight again

The accountant’s role in spotting furlough, CBILS and BBLS-related fraud

Government agencies and private entities are ramping up their efforts to crack down on fraud. What should accountants look out for?

How will businesses cope when coronavirus support schemes end?

The end of the coronavirus support schemes is looming - how will businesses cope?

How to upskill an existing employee with a financial apprenticeship

Placing existing employees on apprenticeship schemes is a wonderful way of upskilling and retraining them.

Lessons from a woman who smashed (and re-smashed) the glass ceiling

Dame Jayne-Anne Gadhia has faced her share of challenges, but now believes things are changing.

What are the Rules of Origin and why are they a problem?

UK goods will be hit with tariffs by the EU - unless they meet the Rules of Origin requirements.

“2021 will be a better year” – Mark Farrar, CEO of AAT

AAT's CEO assesses how 2021 will play out for accountants.

What happens to my accountancy qualification after Brexit?

Mutual recognition of professional qualifications with the EU is at an end, so what next?

Trade deal means tariff-free trade, but leaves plenty of work to do

From tariffs to qualifications, here’s what the post-Brexit deal means

RSM apprentices on fast track to chartered status and success

Accounting apprenticeships are helping school-leavers fast track to chartered status and career advancement

Commercial construction is suffering, but housing is holding its own

Construction businesses' exposure to the pandemic and future prospects depend on their specialisms

New £100m Economic Crime Levy will burden accountants with “unacceptable” fees

Government’s plan to take £100m a-year from regulated entities, on top of AML fees, is a step too far.

Beyond counting: accountants find themselves in emotional conversations with clients and staff due to the pandemic

Accountants are finding their role as agents and employers is extending to mental health and emotional support.

Looking at the ways accountants can help their clients to respond to customs changes

With a month to go until the Brexit transition period ends, accountants are looking to use every option to ease the burden on businesses. With new customs duty rules coming into force on 1 January 2021, there are a series of temporary measures brought in by the government to help reduce disruption at borders, including... Read more »

Events sector optimistic of a New Year bounce back

2020 has been brutal for events companies, but there is hope that 2021 will make up for it

Why your local authority may be struggling to survive Covid-19

Local government in England is in the most precarious financial position in its history.

How extending the CJRS has created last-minute confusion for businesses

Extending the Coronavirus Job Retention Scheme has created upheaval for businesses, while also supporting jobs.

AAT says scrap tax exemptions and reliefs and resist populist measures to pay for coronavirus

AAT's response to the Treasury Select Committee inquiry Tax after Coronavirus

A finance and HR guide to the Job Support Scheme Open

Guide for accountants on the administration and HR issues of the JSS Open.

Brexit: VAT is about to get messy after the transition period ends

VAT could be a bigger minefield than customs after we leave the Single Market. Here's what you should know.

Your views: the operation and effectiveness of the local furlough

Accountants assess the Chancellor's latest effort to protect jobs

Does accountancy still offer a safe career after the mayhem of Covid-19?

In times of crisis the accountancy industry tends to thrive. But will the profession still be a stable career choice in the months and years to come?

10 accounting legacies after the public sector’s ‘finest hour’

From an increased workload to colossal cost-cutting measures, coronavirus has thrown up tough challenges for public sector accountants.

What taxes should Government raise to pay for coronavirus?

With public debt at £2tn, something needs to be done to raise revenues. What’s the right answer?

SEISS v2: how will the self-employed cope?

As the next phase of SEISS kicks in, how well-placed are the self-employed cope with the downturn? When the Self Employed Income Support Scheme (SEISS) was announced back in May, it was welcomed with open arms by self-employed workers across the country. At the time, the country was still under extensive lockdown, and many self-employed... Read more »

Cash flow planning for a second wave of coronavirus

How should accountants prepare their employers or clients

HMRC’s surprise victory puts IR35 back on the agenda

talkSPORT presenter Paul Hawksbee's defeat is a reminder IR35 is unpredictable.

Is it time to ditch clients who won’t go digital?

Should accountants shun businesses who are old-fashioned and costly to serve?

Are small businesses ready to deal with Making Tax Digital?

As the government announces the next phases of Making Tax Digital, are small businesses on track?

The stage is set for a Making Tax Digital announcement

With all that’s been happening in 2020 you could be forgiven for thinking that HMRC has lost its enthusiasm for Making Tax Digital (MTD). Well you might think that, but…..I’d be willing to bet you’re wrong Where are we? Since April 2019 all but a handful of exempted VAT-registered business with VAT-able turnover above the... Read more »

Your views: job retention bonus unlikely to influence decisions

Will the £1000 bonus for retaining furloughed staff be enough to prevent redundancies?

What Rishi Sunak’s summer statement means for accountants

Accountants react to the Chancellor's bid to keep Britain working

Accountants braced for errors as CJRS2 gets underway

The next phase of the Job Retention Scheme is now live. It brings in more flexibility for businesses – and more risk of error.

Taking your assessment: a social distancing guide

Many assessment centres reopen from 29 June 2020. Here we run through what you can expect and how you get ready to nail that assessment.

Your views: how will the government pay the bill for coronavirus?

The Government’s measures to help businesses and individuals during the lockdown, but nothing comes for free.

How accountants are starting to return to work

The way is now clear for some businesses to re-open their premises, so how are accountants planning to return to work?

Your views: ‘entire sectors’ could be lost when furlough is phased out

Furlough has been a lifesaver but certain sectors will suffer as the Government reduces its contribution.

Your views: headaches await from deferred VAT scheme

Are businesses storing up a time-bomb with deferred VAT?

Update for employers: Coronavirus Job Retention Scheme

Under the Coronavirus Job Retention Scheme, the Government will pay 80% of wages to PAYE employees. But how will it work?

How the furlough scheme is creating challenges for different sectors

Some sectors are struggling more than others with the workings of the furlough scheme, and will face different challenges returning to work. The furlough scheme has been a lifeline for individuals and businesses. But managing it can come with headaches. Here we look at five sectors with very different challenges. Construction and materials Commercial work... Read more »

Part-time furlough will create challenges for agents and the gig economy

Government will continue to pay 80% of wages, but only until the end of July

Your view: is the Self Employment Scheme fit for purpose?

What accountants say about the benefits and shortcomings of the scheme.

Video message to members from AAT CEO Mark Farrar

CEO Mark Farrar shares thoughts on the coronavirus crisis and how it affects AAT and our members. When we come out of lockdown, the country will need really good accountants, accounting technicians and bookkeepers. So we need to be ready. Keeping technical and practical knowledge up to scratch will be crucial to be ready for... Read more »

New bounce back loans to bail out small firms

The Government has announced another loan scheme to get emergency credit into the hands of very small businesses.

Facing furlough? Here’s what it could mean for you

As coronavirus devastates the business world, lots of AAT students and apprentices are being put on furlough. But what does it mean? And how will it affect you? We explain all here…

HMRC reveals 20 April start date for Coronavirus Job Retention Scheme

HMRC Chief Executive Jim Harra wants accountants and bookkeepers to prepare employers for the launch.

AAT President: 8 takeaways from the coronavirus crisis

Covid-19 is rapidly accelerating digital adoptions and could change the world of work forever.

Making Tax Digital soft landing extended for a year

HMRC has postponed plans to require businesses to maintain end-to-end dynamic data in VAT records due to the coronavirus (Covid-19) crisis.

Who wins and who loses in the Self-Employed Income Support scheme?

The self-employed can receive up to £2,500. But it won't be until June, and it won't be for everybody.

HMRC delays introduction of IR35 because of coronavirus

After announcing two massive aid packages, the Government will now delay IR35 to further support business.

Has the Budget done enough to support businesses through the coronavirus?

We look at the measures to protect small business from cash flow shock. How accessible will they be?

AAT research shows accounting technicians can take pole position in the digital age

Five things about the future of accountancy you need to know and how specifically they will affect you.

Common mistakes students make at AAT Advanced Level #1

Find out the common mistakes students make on AAT Advanced Diploma in Accounting (level 3), from our AAT tutor and examiner reports.

10 ways finance is changing

With the AAT Future Finance Conference taking place this June, we look at some of the ways that the profession will change in years to come.

AAT calls on members to put their skills to work in fighting climate change

New global initiative begins to put sustainability at the heart of the accounting profession's work

What to expect from Advanced Level AAT

Our AAT tutor gives you the inside scoop on how to prepare for moving into AAT's Advanced Diploma in Accounting (level 3).

From AAT to Deputy-CFO at the UN Development Programme

George Kyriacou, MAAT, Deputy-CFO of the United Nations Development Programme (UNDP), started out with AAT.

Study tips: applying the Foundation Certificate in Accounting to a business scenario (part 2)

This is the second in a series of articles in which we will explore some of the trickiest areas of the Foundation Certificate in Accounting.

How BHP are revolutionising audit with data analytics

From AAT Apprentice to Data Analytics Manager, Ellie Dignam gives us an insight into the pioneering use of data analytics in audit at BHP.

What makes a great AAT tutor?

Tamara Salter MAAT AATQB won AAT Student of the Year 2018, and in the lead up to the AAT Training Provider Awards in June 2020, we reflect back on how she did it, and the tutors that made a difference.

Choose the best study method for success

There are lots of study methods available for AAT students, and it can be challenging to choose the right one for you. Not every study method is right for every learner. Let's work out your ideal methods and make sure you succeed.

How to manage your time when you work and study

Award-winning chartered psychologist Denise Taylor, offers her tips on how to plan your time.

AAT calls for IR35 soft-landing, as contractors seek help

A new survey of the contracting community reveals a picture of confusion and uncertainty ahead of the extension of IR35 off-payroll working scheme in April. 

How study support materials helped me pass my exams

Using AAT’s study material made exam prep easier for accounts assistant Ceara Stephenson. Here's how it can make life easier for you too.

7 misconceptions about accountancy apprenticeships

Here we debunk some of the possible misconceptions you might have about an accountancy apprenticeship – and get you started on the path towards a career you’ll love.

Start marketing your business with these 3 tools

Starting a new business can feel like you're on a seesaw. Whilst you're focussing on one area, others can drop - because it's all on you.

Study tips: Advanced aspects of time management

The sixth and final part of this series explores how to use spreadsheets to effectively manage time.

Step by step; how to set up an apprenticeship

Recently there have been quite a few changes to the way that apprenticeships are designed, run and funded. This apprenticeship reform has made them better for the employer, the apprentice, the industry and the economy.

Apprenticeships and the levy for small businesses

Apprenticeships have changed considerably over the last few years. We’ve got the latest on what’s involved and how your business can benefit from the apprenticeship levy. Accounting apprenticeships give ambitious individuals the opportunity to achieve AAT qualifications while earning and developing relevant skills and experience. Successful apprentices also get generous exemptions with ACCA, ICAEW, CIMA,... Read more »

Study tips: Advanced aspects of spreadsheets

The fifth part of this series explores how to use pivot tables and charts to summarise and analyse information.

Distance learning: Study in the real world

An increasing number of people are ditching the classroom to take their studies online. We talk to AAT student Chloe McGuire, who's currently taking her Level 3 Diploma from the comfort of her own home.

Study tips: Advanced aspects of short-term decision making

The fourth part of this series explores budgeted and actual figures in relation to both financial and management accounting.

Study tips: Advanced aspects of appropriation accounts and effective communication

The third part of this series illustrates how to prepare an appropriation account, reflecting the share of net profit.

Can you rely on HMRC’s improved CEST tool for IR35?

The new IR35 regulations will come into effect in the private sector in April this year. HMRC promised to improve its online CEST tool to ease the pain. Does it work? The HMRC Check Employment Status for Tax (CEST) tool was a great idea on paper. It should have given employers a simple way to... Read more »

A day in the life of… Claire Carter

In the second of our new monthly "day in the life" series, we spend the day with one of our members to find out what a typical day for them entails. 

Study hacks to help you slay your final assessment

How to get the most out of your final revision weeks so you ace your assessment.

Study tips: Advanced aspects of Financial Accounting

This article illustrates the importance of correcting errors, and using spreadsheet functions to achieve the accounting tasks required.

Supercharge your career specialising as a MAAT

Becoming a full AAT member (MAAT) sets you apart from others in the finance and accounting world. It shows that you have a high level of qualifications and that you’re committed to your own professional development.  But once you are a full member, the opportunity to further impress employers needn’t stop there. If the Chartered... Read more »

Travelex shows the importance of arming yourself with cybersecurity

Small businesses are increasingly becoming the target of cyber criminals who see them as a soft touch because they often neglect to put robust security measures in place. Part 1

Study tips: Advanced aspects of Management Accounting

We prepare you for the world of work by applying the AAT Advanced Diploma, to a daily task as a part-qualified Accounting Technician.

Expert advice for every stage of your career

Stuck in the wrong job? Desperate for a career change? Worried that your skills have vanished while on parental leave? Check out our expert tips shared below…

Study tips: Journals (foundation bookkeeping)

We go back to basics and break down journals, helping you to avoid common errors made at foundation level bookkeeping.

Study tips: FAPR Accounting adjustments when partnerships dissolve

Our tutor walks you through the accounting adjustments required to record significant changes in a partnership, for our AAT Advanced Diploma in Accounting students

AAT ethics helpline: 5 toughest ethical dilemmas

Ethics is one of the most important aspects of being an accountant. Clients need to trust your professional integrity, and the public needs to have confidence in your standards and principles.

5 anti-fraud tips for millennials

New research says that despite being digitally savvy, millennials are actually the age group most likely to fall victim to financial scams. What are the mistakes they are prone to, and how can accountants help?

7 Essentials I learned at the AAT branch conference

The great and the good of the accountancy world gathered at the AAT Branch Conference in November 2019 to get the latest for finance professionals.

How to overcome exam anxiety and succeed

Here we talk to Charlie Atkins about he overcame his exam anxiety and how you can too.

A Day in the Life of… Aaron Dowling

In the first of our new monthly "day in the life" series, we spend the day with one of our members to find out what a typical day for them entails.

Are you really as ethical as you think you are?

As part of a new #AATPowerUp on Ethics, we’ll be providing a range of ethical scenarios to help you navigate tricky situations in your day to day work life.

Which AAT qualification is best for your staff?

Here we outline the different qualifications available, from six-week courses to 9-18 month diplomas, who they are aimed at and the practical skills and training they provide.

Police chief says accountants turning a blind eye to money laundering

Hear from Commander Karen Baxter, Head of Economic Crime for the City of London Police, on how accountants need to do more to combat money laundering.

Excel tips: Vlookup vs Index/Match

You can tell we’re starting to get a bit adventurous with Excel, when we start to use the VLOOKUP formula. But could an Index/Match combo be better?

Exploring CPD: how different options work in practice

Continuous professional development allows those working in the accountancy space to keep their qualifications up to date and gain vital experience and expertise. Continuous professional development (CPD) forms an essential part of accountants reaching their full potential, enabling them to keep their technical credentials, business skills and industry knowledge up to date. Many qualifications, including... Read more »

Challenging times ahead? Bring them on, says new AAT president

John Thornton is determined that his year in office looks to the future of the accountancy profession and how to rise to the challenges ahead.

Drug dealing, money laundering and crime – just another day in the office?

Billions of pounds of illicit money are laundered in the UK every year and the authorities say it is happening far too easily. When you hear stories on people trafficking, terrorism and drug cartels you wouldn’t think that would have much to do with your day job. Sat in your office with your morning cup... Read more »

How the Brexit deal would affect VAT and trade

What happens to VAT and trade if we get a Brexit deal? With a deal looking more likely, our expert Brian Palmer takes a look at the implications.

Customs and VAT fears threaten Brexit deal

No-deal made more likely as Government plans to strike a deal with the EU suffer setback.

4 Bookkeeping challenges faced by small businesses that you can solve

We explore four of the most common bookkeeping challenges that small businesses face that you have the ability to offer solutions to.

From railways to hospitals, how IR35 sent employers off the rails 

IR35 rules will soon apply to private employers. What lessons could they learn from public sector organisations?

Darren Shirlaw: Preparing accountants for the future

Here we speak to Darren Shirlaw about what the future of accounting looks like and why it's so important to adapt. Plus book your place onto the ultimate future-proofing course.

How IR35 could raise costs for employers

Are the new IR35 rules a good fit for the private sector? Or the public sector for that matter?

Power up your tax knowledge with AAT

Update your tax knowledge with our new series. We look at technical updates - and the trends that will shape business in the UK over the next decade.

The healing power of volunteering at work

Getting involved in a charitable project can be a great way to help you and your colleagues connect and feel better about yourselves and each other. 

Excel tips: Creating financial statements series part 3 – Using basic functionality

In part 3 of our Creating financial statements series for Advanced Diploma students, we look at how to use basic functionality in your extended trial balance

Long-term illness in the workplace and how to manage it

At some point, at least one of your colleagues will suffer from a long-term or serious illness. This situation can be tricky to handle – but there is a way to do it right.

How to start an AI project

Adopting AI systems can be a great way to boost productivity. Here’s everything you need to know about getting started…

Making a difference: how to become a Mental Health First Aider

Spotting the signs of poor mental health is not always easy. Becoming a Mental Health First Aider should help you to take better care of your own mental wellbeing as well as that of your colleagues.

How I overcame anxiety whilst studying AAT

Andy Murray shares his experience of anxiety with us and tells us how he came out the other side stronger.

Revision techniques: how to stay cool in the heat

Summer heatwaves are fairly rare in the UK - but what if one hits when you have to revise? Christian Bace offers five revision techniques that will help you (literally) stay cool under pressure.

How I overcame my mental health issues and went on to succeed with AAT

Alan Johnson has faced many hurdles in his life: yet today, he runs a flourishing accountancy business. So how did he overcome the setbacks life dealt him?

Supporting positive mental health in the workplace

Talking about mental health is becoming more and more commonplace. But we still need to keep doing more to promote well-being at work for everyone. 

A step-by-step guide for adopting AI into your business

In the second of our AI series, we outline how automation could benefit your business, along with the easiest ways of installing it…

A-Level results day: Why more young people than ever have entrepreneurial ambitions

Young people have told us this summer that their ambitions don’t just end at getting a job – just under half of them have ambitions to set up their own business.

Study tips: Sales and purchases – part 5

We’re going to conclude the series by having a more in-depth look at cash and credit transactions in double entry bookkeeping systems, using the purchases function to illustrate how everything fits together.

How the workplace can be made open and friendly for people with disabilities 

As part of our #AAT PowerUp social mobility campaign, we’re focusing on how and why you should be encouraging people with disabilities to join your workforce.

What AI can already do for your company

Over the next month, we’ll be examining what companies could be doing right now to harness the groundbreaking potential of AI. First up - what technology is already available for accountancy firms today...

Career profile: Practice bookkeeper

Ever considered becoming a bookkeeper and running your own business? Here’s what to expect and how much you could earn.

How to win over staff without increasing salaries

When it comes to keeping staff happy, salary is still the number one priority, according to the AAT Salary Survey 2019. But how can you keep staff happy with limited budget and resources?

Career profile: Chief Executive of a charity

Sian Broughton became CEO at 32. She tells us how she got there.

Learning what cognitive bias is and how to recognise it

Cognitive biases are mental shortcuts that we develop based on past experience and the ways we apply our knowledge.

The future of audit is changing, here’s why…

There’s no two ways about it, the role of the auditor and how audits are performed is changing… rapidly.

The importance of an open and fair workplace

How can employers incorporate social mobility into their workplace and make it part of their business strategy?

Why I left my chartered role to go self-employed

Here we hear from Chris Brown, FCA, ATT, AAT, a Chartered Accountant and tax specialist, who left his chartered role to become a successful business owner.

AAT qualifications: opening doors to a variety of professions and industries

AAT has helped many thousands of young people with an interest in a finance take their first step in to a range of careers.

Understanding social investment tax relief and how it works

Out of the 100 licenced accountants surveyed about SITR, all who responded said it was something they would consider bringing to the attention of their clients now they were aware of it.

Career profile: owner of an accountancy practice

Ever considered running your own accountancy practice? Here’s what to expect and how much you could earn.

How is AAT improving social mobility on an International level?

Khin Moh Moh Win, who is based in Myanmar, used her AAT Advanced Diploma to get her first accounting job in Yangon.

Career profile: advisory accountant

Ever considered becoming an advisory accountant? Here’s what to expect and how much you could earn.

Who’s who in social mobility?

A recent study found the relatively small proportion of people who went to private school dominate the country’s top job

“I’m studying to become an accountant” – footballer, Sam Cosgrove

We interview Sam Cosgrove, Scottish Premier League footballer, who is currently studying for his AAT Advanced Diploma between games

How accountancy is opening doors in social mobility

Every person should have the chance to achieve their potential, regardless of the background from which they come. Our new campaign focuses opening up the workplace.

Smarter thinking: Mindfulness in the workplace 

Not only is it the right thing for employers to have a positive focus on good mental health, but there are sound financial reasons for doing so as well.

How to successfully implement a culture change

Here’s how Stuart Hurst won over his sceptical colleagues and introduced them to cloud technology.

The benefits of starting your own business

Imagine being able to work the hours you want and concentrate on the areas you enjoy with the clients you choose.

8 key ingredients for a positive business culture

Creating a positive culture is one thing. Keeping it is another matter entirely. Here’s how to do both

Tackling MTD as a larger organisation

Here, three large companies explain how they’ve overcome the challenges of MTD, from tech troubleshooting to staff training.

How to lead through uncertainty

Leadership coach and adviser René Carayol MBE said there was a time when people worked for a leader but nowadays leaders have to work for the people. Good leadership is about creating trust and an environment where everyone feels included, especially during times of change. With the current political and social economic climate being subject... Read more »

How having a mentor helped me excel in my career

Georgina Pluck has always been ambitious but credits the support she received from mentoring for getting her where she wanted to be.

The benefits of becoming licensed

Running your own practice is potentially the most rewarding direction you can take in your accountancy career. Here, award-winning accountancy firm director Laura Whyte MAAT, who now employs 12 people and has some 700 clients, shares some of the lessons she has learned since first applying for her AAT licence in 2014. Benefits of having... Read more »

The ten most sought-after trainee skills revealed

The top ten skills leading recruiters identified as the most in-demand from leading employers. Do you tick all the boxes?

How to raise the digital intelligence of your workforce

It’s also becoming ever more apparent that we need a workforce that can not only keep up with change, but one that thrives on innovation. 

Time management: how to look after the most important resource you have

Applying time management to your lifestyle can be tricky, but planning ahead can save you time in the long run. And there’s always time for a holiday, argues AAT member in practice Dawn Clarkson.

How to go from employee to manager

You’ve just been promoted and will be managing a small team. How do you make the leap from employee to manager?

Planning, people and performance: The top traits of effective managers

Before you can develop as a manager, you need to be clear about exactly what it means to be a manager. What does it look, sound and feel like?

Improve your emotional intelligence to be a better leader

It’s been proven that emotional intelligence accounts for 85% of what sets the outstanding leaders apart from the average.

Growth and leadership – what are your personal goals?

It's time to hit pause on your day-to-day and think about the future you want. We spoke to three accountants about their personal goals and their plan to achieve them.

Data analytics – 4 – how data science and machine learning fit in

Understand how data science and machine learning contribute to analytics projects

How to decide what to specialise in as an accountant

How do you decide when and how to specialise? What role might you be best suited to?

10 ways to improve your digital skills from your desk

Developments in technology are moving at such a rate that it’s difficult for even the youngsters to keep up!

Career profile: HMRC’s CEO, Sir Jon Thompson

Super taxman - Sir Jon Thompson, is one of AAT's most successful former students. He shares with us his career and life advice.

Data analytics – 3 – visualisation techniques to bring your data to life

Here are the principles to follow to make data visualisations to support business decision making.

Study tips: the non-current assets cycle – part 1

This accounting treatment is a significant topic, which all accounting students need to understand.

Data analytics – 2 – your role in an analytics-focused finance team

There's a role for you in a modern finance team working with sophisticated analytics.

Presenting data 2 – using Excel to make persuasive and useful data dashboards

We show how to make dashboards in part two of our series on getting started in data analytics using only Excel. A dashboard is a visual summary of how a business is doing, and you can easily create one in Excel. Dashboards enable business owners and senior decision-makers to get an idea of how a... Read more »

BDO: using digital skills to become more than an accountant

BDO is now the world’s largest professional services network outside the Big 4.  Mark Sykes, Partner and Head of BDODrive UK, talks about digital skills, and the need for brand differentiation.

Career profile: management accountant

Ever considered becoming a management accountant? Here’s what to expect.

Meet the mentor: Chris Argent, CFO and Digital-Transformation Guru

Kofi Abedi-Boafo is at the very beginning of his career. He’s about to start a traineeship at accounting firm BDO when he meets Chris Argent, a CFO and digital-transformation guru. Kofi got into accountancy through the charity Leadership Through Sport & Business, which offers a combination of an AAT apprenticeship and training in core workplace... Read more »

Mind over matter – wellness in the workplace

Managers should have an understanding of the workplace stresses and strains.

Career profile: Tax manager

It’s one of the most sought after positions in the world of accountancy because of the crucial way they operate and the exposure they get to senior stakeholders within organisations.

Digital skills: one of the top 5 skills needed for high paying jobs

We take a closer look at why digital skills are so valuable, suggesting ways improve your chances of landing a job with a high salary.

Relationship building for influence and impact

Whether you are leading or managing, recruiting or selling, motivating or instructing, you will know the impact of relationships on maximising performance and minimising frustrations. If you have ever found yourself bemused by the action or decisions of those around you, you’ll know that it’s not always clear what’s going on under the surface. It’s... Read more »

Study tips: Sales and purchases – part 1

Understanding the processes involved in sales and purchases, and the documentation used, is fundamental to being able to account for those transactions in a double entry bookkeeping system.

6 questions to ask prospective clients

True understanding is the result of asking good questions. Going beyond the surface, digging deep into what your client actually wants to achieve and understanding the challenges they face will allow you to provide value.

Study tips: Posting the cashbook – processing bookkeeping transactions

In part two of a two part series, we look through the topic of transferring data from a cash-book.

What kind of learner are you?

When it comes to learning we react in different ways to different techniques. The key to effective study is to find what works best for you.

It’s time to PowerUp your business skills and here’s why

The latest in our PowerUp series focuses on essential business skills for finance professionals.

What recruiters are looking for when taking on new candidates

A recruitment consultant – whether in house or with an agency – is your gateway to a new role. But what are they looking at when they have a job to fill? And how do you make sure you get their attention? The first step: your CV You’ve seen a job advertised. It’s right up... Read more »

How should accountants be preparing their clients for MTD?

According to research by AAT, just 44% of accountants currently feel they are prepared for the 1 April deadline.

Payroll preparations for the new tax year – part 1

With Brexit negotiations, new ideas and changes may affect payroll and make a payroller’s life more complex.

How to apply management accounting knowledge in the real world

A professional accounting qualification does more than just expand your career options. It provides real world skills that you can apply to your everyday life. Here are four ways you can apply management accounting knowledge to improve your work and personal life.

She who dares… 5 success stories from unstoppable accountants

To mark International Women’s Day AAT spoke to five successful career women about their experiences in accountancy.

How my employer supported my return to education

Richard Matthews MAAT, found the confidence to study again at 37 with funding and encouragement from his employer. 

How to build resilience in the workplace

Mindfulness life coach Kate Greenslade offers advice for how to live and work without fear.

The benefits of face to face interactions – less virtual, more physical

We're in the midst of a “loneliness epidemic” where remote working, could potentially leave people feeling isolated.

Brexodus: What happens if financial companies leave the UK?

Brexit is going to have a big impact on banking and financial services in the UK.

After GDPR – how Brexit will change data protection

GDPR brought upheaval and change with data protection – now Brexit is bringing it to the fore again.

How to become a successful entrepreneur

The experience you accrue as an employee or manager could prove invaluable, especially during any difficult moments ahead.

How Malaysia is preparing students for success with AAT

Malaysia is planning to almost double its number of accountants by 2020.

How to stop worrying about your assessment while waiting for your results

Waiting for results can be a nerve-wracking experience. However, finding some calm and clarity can help the waiting game.

A charter for women in business

A report from McKinsey suggests that closing the Gender Pay Gap will introduce 840,000 more women to the workforce. Leading to a more diversity and inclusivity.

TaxAssist – redefining the role of the accountant

"We've developed a relationship with AAT because the qualifications are practical, relevant and people can apply them on a day-to-day basis." Richard Lambert, Director at TaxAssist West Edinburgh.

How to get the most out of conferences and workshops

Whether you’re employed or self-employed, continued learning and development should sit high on your priority list. Your employer is likely to have a dedicated budget for training or if you’re self-employed consider setting yourself one for the year and prioritise what you’d like to learn about and attend.

Dream job, dream island – why Malta is a great place for new accountants

How Malta is working to attract more finance professionals to their shores.

A 2019 recruitment outlook for accountancy and finance professionals

Change, disruption and uncertainty don’t have to be dark clouds.

Career profile: Financial analyst

Considering becoming a financial analyst? Here's what to expect and how much you could earn.

AAT members trialling Lloyds Bank tool to boost business advice

AAT Licensed Accountants are being given exclusive access to the Lloyds Banking Group Working Capital Management tool

How to resist pricing pressure – part 2

In part one, we looked at how you can defend your prices. Here we consider how to determine what clients find valuable, and how to charge them accordingly.

How to get started with blogging

Does your business need a blog? -  help win business and build success by increasing your rank in search engines.

Government guidance for a no-deal Brexit – updated

With the prospect of a no-deal Brexit looming, check out these new resources from the Government's revised Partnership Pack

How to maintain your code of ethics as an accountant

Being a member of AAT is more than a qualification – it is a mark of high standards, high quality training, and professionalism.

How to resist pricing pressure – part 1

We look at what best practices and strategies you need to defend your prices.

How to declutter your business and enjoy the new year

Get rid of all the ‘stuff’ that is no longer profitable, effective or useful, you’ll end up with a ‘happier’, more efficient business.

Is the superwoman cult unhealthy? 

40% of the women said they felt isolated or lonely running their own business.

Deal or no deal? Where we now stand with Brexit

Following on from our previous articles, here we discuss some of the main issues for accountants in industry and practice in two different stages: during the transition period, and longer term.

Making sure your invoices are paid

Late payments are an issue for more than half of Britain’s small and medium sized businesses.

Managing dyslexia in the workplace

Looking at things from a different angle can help with complex issues, such as finding solutions to tax problems or ideas for investment opportunities.

How to negotiate a pay rise

We asked employers what factors they take into account when deciding whether or not to award a pay rise.

Vernon Anderson – from AAT branch network to AAT President

“I have always wanted to make a difference and to help shape the future of the AAT." - AAT President, Vernon Anderson FMAAT.

Returning to work after maternity leave – how to make a ‘mum back’

12% of 800 UK HR professionals said they took women less seriously after they returned from maternity leave.

Brighton – best place to start a business in 2018

Brighton has created the most friendly environment for small and medium-sized businesses to succeed.

Letting an employee go – the right way

“Keeping someone too long after you’ve realised they aren’t working out can literally cost you your business." - Michelle Minnikin, chartered business psychologist.

Reimagining audit

As the world becomes riskier, the role of audit is now evolving, and auditors are increasingly expected to take on a more strategic position.

Bridging the gap between education and career

One important consideration is the balance between the demands of the job and the need for additional study.

From zero to hero: tax in the gig economy

"It’s important not to use words like ‘worker’ and ‘employer’ casually – because from a tax point of view, those definitions have very particular meanings." Martin Brown, Director at PKF Francis Clark.

Are second languages becoming a recruitment priority?

If you’re focused on self-development and climbing the career ladder, then your CV should be continuously evolving. 

Budget delays IR35 change and boosts apprenticeships

Chancellor listened to pleas not to extend 'disguised remuneration' rules

Spotting the signs it’s time to take a break

Working better – not longer – is important.

How to handle recruitment rejection

Why it's still important to celebrate your achievements, but also consider a new approach to the recruitment process.

Be MTD-ready, get AAT’s free ebook

There are just five months left for finance professionals and businesses to get ready for the introduction of Making Tax Digital for VAT (MTDfV). In response to questions from bookkeepers and accounting professionals, AAT has prepared a special ebook and software review, which is now available to download. Software review One of the most common... Read more »

The impact of automation on gender equality

Automation will have a significant impact on most industry sectors, but especially finance and accountancy.

How to approach your boss when you’re feeling stressed

The Health and Safety at Work Act 1974, requires employers to take reasonable steps to look after employees’ mental health and welfare.

The benefits of being an AAT accredited employer

"It’s very important to us that our team are all fully trained in order to meet, and hopefully exceed, the expectations of our clients." - Maureen Jacobs Chartered FCIPD, HR Manager.

Journeying from accountant to Finance Director

"Avoid the inner voice that can say things like “it’s too difficult,” or other people saying “that’s not your job.” - Mike Copping FMAAT.

Responsible business: how can companies restore trust from their suppliers? 

AAT is hosting a breakfast roundtable on the theme of responsible business on Thursday 11 October.

Improving your online business presence

Great customer service when things go wrong can turn a complaint into one of your biggest fans.

Awards profile: from AAT to chartered accountant to Finance Director

“My initial goal was just to get my AAT membership, but I loved studying and somehow believed that it would be my golden ticket to greater things.” Hayley Lavens FMAAT, won AAT Professional Member of the Year award 2018.

AAT launches knowledge hub for technical content

AAT has launched a new knowledge hub to provide a single place for members to access in-depth technical content.

How accountants are getting to grips with drones

The technology is fast becoming a valuable tool for clients and their professional advisers.

HMRC writes to 145,000 businesses with no-deal Brexit warning

HMRC has written to UK companies who trade with the EU warning how they could be affected by a no-deal Brexit. The letter has been sent to 145,000 firms with turnover above the VAT threshold, but its key messages also apply to another 100,000 firms whose turnover falls below the threshold. What are the implications?... Read more »

The benefits of more women in leadership positions 

"Having a diverse leadership within your organisation makes you much more relevant to your customers." Karen Campbell-Williams, tax partner at Grant Thornton.

How to stop doing additional work for free

If you were to add up and value all those small tasks, what would they amount to at the end of the year?

What skills do you need to work at a start up?

Start-ups can be high-pressure environments, but they can also be an exhilarating and challenging experience.

6 apps to help boost productivity and avoid procrastination

Procrastination is all too tempting when starting a new project. These apps can help you fight the habit and improve your efficiency at work.

Bookkeeping: what are the implications of zero hour contracts?

The rise of the “gig economy” is having considerable impacts on employers and the trend looks set to continue.

VAT too valuable to disappear under no-deal Brexit

AAT tax advisor Brian Palmer responds to HMRC’s statement on VAT under a no-deal Brexit. The Government has made it clear to all and sundry that a ‘no-deal’ Brexit is in the best interests of no-one – and in their words, ‘remains unlikely’. However, that hasn’t stopped the Department for Exiting the European Union feeling... Read more »

Why there’s no perfect route to becoming an accountant

“Workplace experience is a key part of the process. It’s also a great way to see how rewarding accountancy can be” Dairin O’Donovan.

How to handle a mid-life career change 

"I would say to anyone thinking about studying later in life that they should go for it: life is too short to sit around wondering what might have been," Lesley Warne FMAAT.

How do you decide who to hire?

It’s essential for the long-term success of your company to make the right recruitment choices. Will the person fit into the company culture?

How to fit your studies around your job

Clare Evans, a time-management and productivity coach, offers tips on how be most productive with your time.

Awards profile: “I became a practice manager while still studying”

While finishing his AAT qualifications, Brandon Yeadon MAAT, was given the opportunity to take over a practice. Despite his reservations, he bit the bullet.

Protecting your business from cyber attacks

“For accountants, the responsibilities go way beyond compliance”

The benefits of keeping up to date with your CPD

There are many benefits of CPD on a personal level, but it can also have a great impact on your career and can lead to promotions or a pay rise.

How to protect your business from corporate identity fraud

The potential financial and credit rating damage to you and your business doesn’t bear thinking about.

How to ace a phone interview

You can increase your chances of getting through to a second interview by following a few simple steps.

Would self-employment work for you?

"If I wasn’t self-employed, I couldn’t travel and have the lifestyle I have" Paul Smith FMAAT.

How to work from home with the kids during the summer holidays

We offer 10 tips to help you have a productive work day, and still have time for your children.

Offshore investments after the Paradise Papers

When we examine global corporate structures’ attempts to legally avoid tax, most – if not all – of the activities are legal.

How to start a side hustle and make your hobby earn you money

The 9-5 is no longer the ‘norm.’ The number of people with a side hustle is expected to increase to half the adult population by 2030.

How accountants can use their influence for good

It’s never too early to 'give back’ in some way, and help to make positive changes to the profession.

VAT registration and the impact on accountants

Why more SMEs are deliberately refraining from growing their business because of the VAT cliff-edge.

Why SMEs are magnets for talent

Young professionals are choosing SME practices as the first step in their careers, enabling them to make their mark within the firm.

Humans versus robots – how automation will affect you

Oxford University listed accountants and auditors as two of the professions most likely to be affected by AI.

How to bounce back after losing your job

Turning a negative event such as losing you job into a constructive experience isn't easy. We offer some suggestions to get you back on track.

How to choose the right study partner

Study partners can offer personal and academic support, and help students re-engage with a course.

Life after accountancy

Three entrepreneurs share their experiences of how accountancy helped them carve out new careers.

You’ve got the qualification, now what?

Once you qualify, what plans do you have in place, and where can your qualification take you?

Payment in lieu of notice – to tax or not to tax

All PILON is now taxable, simplifying the calculation of tax and national insurance contributions on a termination package. We offer examples of some of the issues that may need consideration.

How to deal with clients’ late payments

SMEs typically spend 15 days a year chasing late payments. We offer guidance to help make sure you get paid on time.

Should you let your staff watch the World Cup on company time?

Setting up a TV in a communal area and providing refreshments will earn you lots of brownie points.

The future of accounting – expert insights

A diverse panel of experts give their view of how accounting roles will evolve.

HMRC seeks evidence of poor practice by unregulated agents

Penny Ciniewicz, HMRC head of customer compliance, asks for AAT members' help to raise standards at the AAT Annual Conference.

How to have a summer holiday when you run your own business

Here are some top tips to help you take a much needed break from work.

Wild experiences: working for the London Zoo finance team 

“Finance is the lifeblood that flows through an organisation, it touches every single part of it."

How accountants can succeed alongside AI

“Having the right AI systems in place will be like having an army of interns working 24 hours a day.”

Benchmarking report reveals strategies that lead to highest fees and growth

Study of 1000 firms reveals how practices are diversifying, and the results they achieving from different business development strategies.

How to prepare for your future as a qualified accountant

Which steps could a newly qualified accountant take, and which roles will be great experience to help you move up the career ladder?

Making Tax Digital for bookkeepers

What should you be saying to your clients at the moment, and how long do you now have to prepare?

How to improve your well-being at work

We offer advice on how to make your working hours more productive, to avoid spending more time in the office than you need to.

LGBT rights in the workplace: why employer support is vital

"I can be me in and outside of the office, which obviously makes a huge difference." Alessio Pagliano AATQB

Last minute GDPR compliance checklist for accountants and bookkeepers

Here's a quick round-up of what needs to be done before May 25.

IFRS 15 – have you transitioned?

The new standard for IFRS 15 will provide a single principle-based approach to recognising revenue.

Experiences: my journey to becoming a bookkeeper

Sylvia Bourhill FMAAT and business owner, took a typical and atypical route into bookkeeping.

HMRC director reassures software developers of MTD progress

Plans to introduce MTD continue 'at pace and as planned' stresses HMRC director

How to gain experience when you can’t get work experience

What steps can you take to get your foot in the door, while planning your career in the accounting industry?

What open banking means for accountants

What are the possibilities of open banking, and how can it enhance your business?

HMRC delays MTD for individuals, but presses ahead with business changes

The changes were revealed in an email from HMRC to stakeholders, and come after a review of its commitments amid a massive programme of change.

Why the Women in Finance Charter is an opportunity for your company

18 months ago, AAT became the first professional accountancy body to sign the Women in Finance Charter. Today, it remains the only body to have done so.

10 steps to becoming a proactive accountant

A step by step guide on the benefits of offering your clients unprompted, valuable and relevant recommendations.

Take note: AAT research reveals your business’s most valuable hidden asset

“A financially skilled employee can bring a sense of financial reality to business transactions and help convert a sales-minded optimism into a business manager’s reality”

Dealing with sexual misconduct when your business is too small to have HR

How to support staff through difficult situations, while implementing the necessary policies and legal requirements.

Why accountancy’s brand is damaged – and what we can do about it

Mark Farrar, AAT CEO, discusses how we can repair the image of accountancy.

Payroll changes for the bookkeeper

How payroll duties will be affected by the new tax year, including new tax codes and termination payments.

Did HMRC really just admit it is delaying MTD?

Conclusions from HMRC chief executive's letter about reviewing priorities, sent to parliamentary watchdog.

TCSPs and money laundering: how can accountants stay alert?

Understanding the new regulations and how to protect your clients.

Is gender pay gap reporting concealing the real issues?

AAT believes that the new Gender Pay Gap requirements are a good start. However, changes are needed to ensure data is genuinely useful.

How to build a great small business company culture

“It’s just as important to instil a positive culture in a small business, even if you only have a team of one.”

How likely is Bitcoin to replace everyday currency?

"The idea that Bitcoin could in the future be used to buy a cup of coffee or a pizza is now false."

The new tax year and the bookkeeper

New year, new changes. Keep up to date with important adjustments affecting payroll.

Imposter syndrome – do your thoughts about yourself match your success?

"Self-depreciation isn’t the answer to humility. Sometimes you can say, I deserve it."

Maternity leave when self-employed

How to focus your attention on parenthood, and keep your clients happy at the same time.

Data analytics – how it can help you and your business

How to develop analytical skills and handle data responsibly.

What I wish I’d known before I became a management accountant

We offer advice for how to prepare and adapt to your new role.

How to deliver bad news with dignity

What is the correct way to pass on difficult information?

Cloud accounting – why it pays to train

"We are able to condense the time it takes to provide real added value services as everything is real-time."

Changing the image of accountancy

"We must all continually champion the positives in the profession and build a better brand for accountancy."

Trailblazer apprenticeships are “much more aligned with what we want and need as an employer”

Chris Hayes (pictured), was part of AAT’s first cohort of trailblazer apprentices. We speak to Chris, his employer and his training providers about the benefits of this new breed of apprentices.

GDPR: mailing lists – the myths

Addressing the concerns about re-consent and what you need to do.

The death of audit

Audit is broken, according to academics, politicians and investors. Is it time to bin it?

How to assemble a team of finance superheroes

Moving into a management position? Here’s how to get the most out of your staff.

Why university isn’t the only route to a successful career

Exploring an alternative path to becoming a chartered accountant.

Keeping up to speed with tax

Michael Steed, Head of Tax, BPP Professional Development, offers an insight to the current tax landscape.

What I wish I’d known when I started my bookkeeping career

We offer advice and cautionary tales from professionals about lessons they've learned.

The accountant of the future – what key qualities do you need?

How to remain at the forefront of the industry.

A whole lot of ground covered – and more to come for VAT

Brian Palmer, AAT's tax policy expert, offers a summary of the Chancellor's Spring Statement.

The pursuit of happiness – unconventional career paths

Why it's ok to break free from conformity, and discover your own unique route to success.

Morning motivation – the most productive ways to start your day

Understand your body clock to utilise each hour.

The “Everything ISA” – an ISA for everyone

Phil Hall, AAT Head of Public Affairs & Public Policy discusses the complex world of ISAs and the need for change.

Remote management and virtual leadership

Leading remotely without being remote.

The bookkeeper and PAYE queries

In part two of our payroll calculations, we breakdown income tax and national insurance queries.

To coin a phrase: what you should know about bitcoin and cryptocurrencies

Do you and your clients know the implications associated with investing in bitcoin?

The cost of not being qualified

Being in control of your own learning programme can allow you to move up the career ladder, without letting go of other commitments.

Ghosts in the workplace – digital vs face-to-face interaction

Have we lost to the ability to physically interact with our colleagues?

Could unlimited holiday work at your firm?

Or would it just give you an unlimited headache?

The bookkeeper and statutory pay

Investigating the complicated aspects of payroll, including statutory sick pay and maternity leave.

Does working from home create a better work-life balance?

36% of those working from home use their living rooms - how to find your perfect work space.

Long read: FRS 102 intangible assets and goodwill – emerging issues

We look at how FRS 102 The Financial Reporting Standard deals with the issue of intangible assets in Section 18, and goodwill now in Section 19.

Awards profile: Gina Gardner – Rising Star 2017

Gina Gardner shares her journey of how she became AAT's Rising Star, and offers advice on how to balance work and study.

AAT apprentices impress House of Lords Committee

Key problems with the apprenticeship system have been highlighted, and senior policymakers now have the evidence they were seeking to inform their work.

How to overcome the Sunday night blues

Can you get as excited about Mondays as you do about Fridays?

Operation preparation: how to achieve the perfect interview

The day is your chance to shine, make the most of your opportunity.

The office of tax surprises

You get unexpected insights about human behaviour when you meet the people from the Office of Tax Simplification.

How bookkeepers can keep the office in order – process makes perfect 

“Put some simple processes in place to banish bookkeeping stress."

The secret to managing a multi-generational workforce

Insecure managers tell people what to do and how to do it, while secure managers tap into existing knowledge.

GDPR – bring your own device (BYOD)

The upcoming arrival of the GDPR means businesses must secure mobile devices in the BYOD age.

Moving jobs – how often is too often?

Staying put can be a hindrance if you want faster career progression.

Using a military approach to accountancy

Chris Paton an expert in devising and developing strategies shares some techniques to help build your business.

Basics of PivotTables

Exploring the many ways of utilising Excel PivotTables.

Not everyone wants to stand out from the crowd – and that’s ok

Most career coaches and business books define success as reaching a lofty leadership position. But there’s more to it than that.

How robo-advice is transforming financial services

Robot vs human: who is better suited to offer us advice?

What bookkeepers need to know about new termination payments

The new rules apply from 6 April 2018 ensuring less ambiguity and disagreements between the employer and HMRC.

Needs an accountant: HMV and EMI

Why the one-time titans of the British music industry couldn't survive the digital revolution.

How to retain your clients as a bookkeeper 

As the industry changes and competition grows, what can bookkeepers do to keep their clients loyal and satisfied?

Mental health issues in a senior position – how open should you be?

The fear of losing the respect of colleagues can make the decision to open up about mental illness extremely difficult.

3 technology trends shaping the accounting industry

Accountants will need to keep up with the development of new technology if they are to continue to offer an efficient and competitive service to clients.

Bookkeeping with the family

Balancing the books at home and at work. What are the benefits of working with your spouse or family member?

Is the art market a playground for money launderers?

The combination of education and technology could help make countering money laundering in the art market more proactive and less reactive.

“Before, I was just an accountant. Now I am an award-winning accountant”

Last year's winners reflect on their experience of AAT's Professional Member Awards.

Are accountants enabling money laundering?

Greater engagement with the issue of this illegal practice will allow the sector to be one step ahead.

Mind matters – working towards good mental health

Employees would be happier discussing sex, money, religion or love – than mental health with their manager.

Professional declutterers offer tips to get your life in order

How to introduce simple solutions, to sort out our messy lives.

The benefits of sponsorship marketing

Will supporting a cause support your business, or is it just a tax deduction?

Proactive accountants make for happy clients

Steve Pipe offers crucial advice for how to be a become a better accountant.

GDPR: consent – what is it?

Understanding the true definition of consent, and how to demonstrate that you have it.

5 awesome features of MS Excel 2016

We highlight some of the newest features of MS Excel, designed to make life a little easier.

Women in London face the biggest pay gap

Why employers should tackle the gender pay gap by investing in their female talent.

How to get along with your work colleagues

If you find someone dull then the fault lies with you, everyone has something to offer.

“No matter what the final outcome, Brexit will be a massive adjustment”

Mark Farrar, AAT CEO, discusses the impact of Brexit and regulatory changes on SMEs.

First day, first impressions – the best way to start a new job

Starting a new position can be daunting, but preparing for it can help take some of the stress away.

The IKEA effect – introducing customers as ‘co-creators of value’

There are many business lessons we can learn from the international success of this Swedish company.

Understanding the highs and lows of forensic accounting

With this exciting profession, what are some of the challenges you should prepare for?

How to make the most of your transition between jobs

Time out between one job and the next, can be a great time to prepare for yourself mentally, and physically for your chapter.

Fusing banking and accounting into one app

Countingup is the accounting bank. Created to help small businesses focus on their work, instead of their accounts.

Designing good compliance into the tax system

HMRC estimates the total UK tax gap, the difference between the tax collected and the amount that should be collected “in theory”, at £34bn.

The steps businesses should take to prevent fraud

In this post we consider the many approaches for combating theft in the corporate environment.

AAT Stories: from a diagnosis of MS to finding focus in accounting

Multiple sclerosis brought Dean Senior’s engineering career to an end.

Going for gold: the advantages of entering professional awards

An award after your name can be one of the best ways to distinguish yourself among your peers, find new clients and give you credibility when it comes to looking for the next role.

Femvertising: are brands exploiting feminism to make money?

Companies have been co-opting political causes as marketing tools for years, and now, as the global #metoo movement shows little sign of slowing its tempo, women’s empowerment sells more than ever before.

Why demand for forensic accountants is increasing

There are several key reasons why demand for forensic accountants is increasing, and these factors are likely to remain consistent for the foreseeable future.

Be more assertive without being rude

To get what you want from your career, assertiveness is crucial, but charging in all guns blazing isn’t always the best approach.

FRS 102 and foreign currency transactions

We look at the differences found under FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland in the accounting for transactions and balances denoted in a foreign currency compared to previous UK GAAP.

GDPR – an imminent disaster for SMEs?

Should SMEs be worried about ‘G-day’ – May 18 – and has Westminster adequately prepared us for it?

What I wish I’d known when I started my accountancy career

We ask experienced accountants for the lessons they've learned and wish they'd known when they were starting out.

New managers – how to motivate and inspire

How to encourage positivity in the workplace, just in time for the January blues.

Does dressing smart equal working smart?

The do's and don'ts of dress codes.

AAT members want a clear tax strategy and more HMRC staff in 2018

We asked AAT members what Government changes they would like to see in 2018. These are the results.

AAT Stories: from school leaver to financial business adviser

Upskilling has given Lindsay Gray the confidence she needed in order to progress in her career.

Impact of Brexit on financial reporting

The post-Brexit impact is still not clear, but small businesses can prepare for the change.

Should you hire someone with a criminal history?

Some people have a criminal record from a lifestyle they’ve long left behind. Should you give them a chance?

How to keep your employees motivated during the Christmas season

How do you keep your work mojo going and make staff feel motivated during all the festive frivolities?

Can ambient noise increase your productivity?

Several start-ups are peddling ambient noise platforms designed to boost your productivity. Sound good?

Custom Formats in Excel

In this article you will learn how to custom formats in Excel, so that can specify the format you want to use in exact detail.

AAT Stories: from unemployed single mum to business owner

As an unemployed single mum, Nicola Donnelly knew she wanted more for herself and her children.

Use a ‘reverse mentor’ to get ahead

Mentoring usually involves a senior manager passing on knowledge to someone younger. Flip the relationship and great things can happen…

Unrealistic sales targets lead to unethical behaviours

"It’s leadership that causes issues within sales industries not targets. Poor leadership and a target will lead to unethical behaviours and customers that are poorly treated and ill-advised”

AAT Stories: from factory worker to online tutor

Video: Phil Toomer is a real inspiration for anyone feeling trapped in their career.

How to deal with a bad boss

Handing in your resignation doesn't have to be the only option if you are unhappy with your job

How simple are simple assessments?

Simple assessment is here. It's important for accountants to understand the implications - particularly for pensioners.

How to stop being a people pleaser

People pleasing can actually have a damaging effect on relationships, health and career prospects, experts have warned.

The Budget: AAT’s view on stamp duty, VAT, business rates and more

Some initial reaction from AAT’s Head of Public Affairs & Public Policy, Phil Hall...

How to find a job when you’re working full time

For the right opportunity and the right salary - everyone is permanently in the job market.

Selling your idea up the food chain

You’ve got a great idea. But how do you convince managers and decision makers of your genius?

7 tips to writing and submitting a killer press release

Follow these rules to penning a great press release and your firm should start grabbing the attention of those you want to see it.

Liabilities and equity

We break down liabilities and equity which is accounted for under FRS 102.

For bookkeepers: Proposed statutory payments and RTI changes

With the Budget looming, it is possible that more change is on the way. It would be in the bookkeeper’s interest to keep up to date on developments.

The tax implications for employers providing gifts to employees (and the bookkeeper’s role)

The administrative burden will probably fall to the bookkeeper, so keep accurate and separate records.

Can algorithms inject objectivity into the hiring process?

Research shows that recruiters have unconscious bias towards hiring candidates they like. So can the latest hiring software do any better?

Jingle hell? How to cope with the festive season

Our columnist Amy Rowe asks if Christmas is meant to be a celebration, then why does it throw up so many uncomfortable emotions?

GDPR – Data controller versus data processor

For the first time, the GDPR places direct statutory obligations on data processors.

My journey to director – how I got here and what I learnt along the way

Elizabeth Claxton, director of accountancy firm Rostrons in Norwich, shares in this podcast how a chance interview set her on a surprising career path in finance, and how treading her own path and not fitting a mould, led to her success.

How to get back to work after dealing with a tragic event

The most devastating loss of my life, when my Dad died unexpectedly of a heart attack in his sleep at 5am, was on the morning of my first year mid-term university exams.

Protectionism – the impacts on international trade

With the Brexit vote and then the election of President Trump, is there a trend towards more isolationist policies – and will this echo economically with increased protectionism?

How to plan for a work-free holiday

Planning to go on holiday often means increased stress at work as you try to clear your inbox and deal with the possibility of having to take some paperwork with you.

How to become a forensic accountant

It’s not one-size-fits-all.

This is how you get media coverage as a startup

“The media landscape is at its toughest point I can remember in almost 20 years of PR – fewer publications, fewer journalists and less space for stories."

The September finance bill: an overview

The second finance bill of 2017 has now completed its House of Commons stages. But concerns remain about the level of parliamentary scrutiny.

How do you stay compliant working from home?

Non-compliance with relevant laws and regulations can open you up to disciplinary action, fines and lawsuits. So we’re taking a closer look at the key practices members need to follow.

The features every accounting firm website should have

When designing a website, there are several important dos and don’ts, say experts.

How to learn new things as an adult

Learning new things as an adult can feel remarkably frustrating and much harder than when you were younger.

Should you share your political views in business?

“I remember Tweeting my views on Dianne Abbott getting her figures wrong in a live radio interview and the backlash I received was extraordinary."

How to beat the competition for schemes and entry-level jobs

This is what our experts recommend for those seeking to boost their practical qualifications.

7 hot accountancy trends to look out for in 2018

“As Britain negotiates its exit from the European Union, there are likely to be significant impacts on many business sectors”

How to make your CV stand out – we answer your questions

Karen Young, Director at Hays Accountancy and Finance, provides expert advice on how to make sure your CV has the best chance of getting you selected for that all important first interview.

Don’t let your business finances give you scares and nightmares

Halloween is upon us once again. So, what can you do to ensure that your business finances don’t end up giving you nightmares?

Salary, notice period and job description: things to know before signing that new job contract

"There is a misperception sometimes that it’s a document cast in stone and that to challenge or request changes would be corrosive and jeopardise getting the job”

Piggy in the middle: how to manage workplace disputes

Our columnist Amy Rowe talks us through managing relationships with colleagues when there are disagreements in the workplace.

A beginner’s guide to starting your own business

Here’s a step-by-step guide for getting it right – and the pitfalls to avoid.

Technophobes needn’t apply

Technology is becoming centre stage in the finance industry, so make sure your skills are fit for the digital age, too.

FRS 102 and hire purchase agreements

We look at some of the technical aspects of Section 11 Basic Financial Instruments using an example of a hire purchase agreement - something most AAT Licensed Members and other members will come across in their day-to-day working lives.

Long read: the accountant’s role in sustainability

As well as helping to make the economic case, accountants can advise clients on how to start their journey towards becoming a more sustainable business, and reduce the risks associated with being perceived to not be acting responsibly.

The 7 most common misconceptions about bookkeepers

Bookkeepers are scary...

How to progress from finance assistant to finance manager

If you are a finance assistant with plans for promotion, how can you stand out from the crowd and dazzle your managers?

4 Excel functions to help you work smarter

In this article we reveal functions that will increase your efficiency when using Excel.

The Shared Parental Leave rules every bookkeeper needs to know

Are you up to date?

Use these tips to land your first bookkeeping role

“What I would say with new bookkeepers is to offer your services to friends and family who have their own businesses, and get some experience that way."

How to ace an online job application form

Competition is fierce for jobs – so what are the top tips, and what are employers looking for?

7 errors that hold SMEs back

Licensed members share common oversights on the part of clients.

How to get your dream job in finance (even when you don’t have the right experience)

Follow these steps to land your dream job without the relevant experience.

How Kate Middleton transformed my business

Cécile Reinaud launched Seraphine when she turned 30 and suddenly everyone she knew seemed to be pregnant, and complaining that they couldn’t find anything smart to wear.

Writing tips for finance students and professionals

How do you tackle the writing elements of an assessment – and when you go on to be qualified, how do you write well as a professional?

Study tips – generating Nominal Ledger Reports in a desktop version of Sage

Have you ever been asked to produce a report on Sage and wondered which one is the right one?

Steed on… Tax law is out of tune with the gig economy

In a simple world, employment rights and tax would overlap, and a self-employed worker would know for certain how they’d be treated in terms of both.

13 apps that would make your life easier as a bookkeeper

There's no reason to waste time on manual tasks that are so simple to automate, or risk sensitive data being hacked.

I used to cook for the Royal Family but accountancy was always my calling

“I’ve prepared meals for clients on Jets, trains, in stadiums, manor houses, even once catering for a birthday party on a narrow boat, which has to be the most challenging place to cook.”

GDPR – how to respond to subject access requests

There are predictions that as more people become aware of their rights under GDPR, the number of SAR’s will increase so make sure that you’re prepared.

What’s stopping you getting that promotion (and what can you do about it)?

Whatever the reason you’re not getting promoted right now, there’s always something you can do about it.

How accountants can help YouTubers thrive

YouTubers aren’t experts on tax and accountancy. It’s the accountants’ jobs to make sure their business model is financially sound.

Study tips: identifying organisational initiatives that support sustainability

The way sustainability affects us is wide ranging and multifaceted so when analysing initiatives be clear which area they relate to.

How we can close the gender pay gap

According to research by specialist accountancy and financial recruiter, Marks Sattin, women working in accountancy earn £17,000 less per year than their male colleagues.

The payroll process for bookkeepers

Once upon a time calculating pay for employees was simple but the duties of the modern bookkeeper have become a lot more complicated.

7 ways to successfully ask for a pay rise (and get one)

“Don’t wait for your annual review. That’s decided so far in advance and there’s very little wiggle-room. You have to go off-cycle to get any kind of movement.”

Food to help you study more effectively

The 10 foods you need to include in your diet now to increase energy, alertness and good brain performance.

Sink or swim – the time is now to embrace MTD

Karen Lowen, founder of accounting software Dod-dle, talks about accountancy's digital future.

Accounting for professional athletes

Premier League footballers earn an average of £35,000 per week, yet two in five face bankruptcy within five years of their retirement.

How to create a productive study space

Cheap and cheerful ways to create a comfortable and productive study space.

Role models and rule breakers: I sold my house to create my own accounting software business

Karen Lowen was a successful accountant with her own practice. Then she saw a gap in the market and took a huge leap.

The secrets of resilient people

John Lees, careers expert and author of Secrets of Resilient People, offers advice on how to use stress and failure in a positive way.

What could a chatbot do for your accounting firm?

Chatbot technology is here. Does it have a place in your firm?

Why success starts with failure

“Failure meant a stripping away of the inessential. I stopped pretending to myself that I was anything other than what I was, and began to direct all my energy into finishing the only work that mattered to me." JK Rowling.

Finding courage even when you’re scared

Courage helped me cycle across Europe, leave my job and start my own business.

GDPR – the key ‘to do’ task

It will be really challenging to start on the road to compliance without actually knowing and understanding the personal information you are collecting.

How to stop comparing yourself to others

Do you suffer from comparisonitis and resent successful people? Here’s how to stop being jealous of their success and use it to fuel your own achievements.

Study tips: conflict of interest

Here's what to do if you find yourself in a situation that has the potential to give rise to a conflict of interest.

Embracing imperfection can make your business boom

“I’ve seen business turnover double in a year”

Why are SMEs failing to scale-up?

The UK has a tremendous track record in starting up new businesses, a terrible record at maintaining these businesses and an even worse record at scaling-up those that remain.

Making Tax Digital – your questions answered

VAT reporting requirements, software provisions and the digitally excluded - we answer all your questions about Making Tax Digital.

This is what you need to do to be an empowering leader

The age-old belief that knowledge is power no longer holds. These days, it’s sharing knowledge with the right people that matters most.

We need to talk about mental health in the workplace now

High profile campaigns on mental health, endorsed by celebrities like Prince Harry, who have spoken candidly about their own experience, have broken down stigmas, but experts argue that much still needs to be done in dealing with such a complex health issue in the workplace.

8 key skills that make anyone employable (and how to hone them)

Here are eight key skills that make you a stand-out candidate. The good news is you already likely to have many of them.

Study tips: when is a business required to register for VAT?

Failure to register for VAT at the correct time can incur heavy penalties for business owners.

Helping entrepreneurs launch their businesses is a labour of love for this accountancy firm

An innovative program supporting emerging businesses has led to much more than a pipeline of new clients for accountancy firm Rostrons.

Steed on… new childcare schemes are due any day now

Michael Steed on what to expect from the new childcare schemes.

Study tips – generating Nominal Ledger Reports in Sage One

Have you ever been asked to produce a report on Sage and wondered which one is the right one?

Conquering career fears and managing stress

According to research that AAT carried out this summer, nine in ten 16-19 year olds are worried about making career decisions after completing their exams.

Shamed into equal pay

The gender pay gap has been a problem for decades. By forcing companies to publish their pay gaps, the UK government hopes to turn the tide. Will it work?

GDPR – the steps you need to take to ensure compliance

A good starting point is the '12 Step' document issued by the Information Commissioner’s Office (ICO) who are responsible for enforcement of GDPR.

Role models and rule breakers: Elizabeth Claxton of female led accountancy firm Rostrons

Elizabeth Claxton gives her advice to female leaders in the profession.

What can the sporting and military worlds teach us about leadership?

“Sport is very decisive and disciplined; it changes daily, hourly, or by the minute, you have to be incredibly adaptable. Whereas in a large organisation, a management structure can dwell, procrastinate and take too long"

Tax panel’s opinion reinforces anti-avoidance regime

“The GAAR and other anti-avoidance initiatives can present a difficult challenge for our members, who need to ensure they maintain a balance between acting in the client’s best interest and acting lawfully and with integrity,” says AAT's professional standards manager Farida Rahman-Wright.

How to nurture a neurodiverse workplace

“Walt Disney, Pablo Picasso, Mohammed Ali and Steve Jobs were all gifted individuals with dyslexia, and both Tim Burton and Andy Warhol are widely believed to be on the autistic spectrum. Who would not want to become more open to minds such as these?"

How to spot fraud’s red flags

Think something dodgy might be going on in your client's business? Here are the signs to watch out for, and what to do about it.

How I built a multi-million pound business despite dropping out of college

With a £2.3 million turnover - and the 43-year-old from Yorkshire says he learnt it all from business books and mentors. Here he shares his story plus top tips for others wanting to turn a great start-up idea into reality.

Should you offer a free first consultation?

Offering a free initial consultation has become common practice in the accounting industry. But is it really a good use of time and resources?

How to get a job in healthcare

If you want to manage GP accounts, you’ll need bags of flexibility and an excellent deskside manner.

Ethics for bookkeepers

A bookkeeper is exposed to the kind of financial information that normally, only directors of a company would be privy to. So what happens if you’re expected to be less than transparent?

Accounting for the fine arts industry

With the government seeking to further stimulate artistic revenue by a variety of methods, such as offering tax relief incentives to encourage touring exhibitions, there is a gap in expert knowledge that savvy accountants can occupy.

Needs an accountant: Paul ‘Bono’ Hewson

A string of bad bets saw the U2 singer dubbed the “worst investor in America”.

Study tips: Indirect Tax

Dealing with indirect tax, or as most of us know it Value Added Tax (VAT), is an important part of many accountants’ duties. It’s vital to know where to find the information you need and how to apply it correctly and appropriately.

Minimum wage calculations – simple or not?

The minimum wage rates are clear-cut, relevant nationwide and enforced by HMRC. However, how the rates are calculated is not so simple.

Councils urged to act on business rates relief

Many smaller firms are “on a cliff edge” as they wait for local councils to implement a business rates relief fund intended to support those most affected by the April 2017 revaluation, property specialists have reported.

Say goodbye to abbreviated accounts

For 2016/17 accounting periods, abbreviated accounts for small businesses are out. So what are your options?

Making Tax Digital: Q&A with Mark Purdue, Product Manager for Tax at Thomson Reuters

In his latest article, Mark Purdue answers some critical questions about the new version of MTD and what it means for accountants and their clients.

Handling 999 calls made me a better accountant

Working for the police for 20 years taught Stella Pickering the people skills that make her practice stand out.

Gender pay – encouraging signs for some businesses, embarrassment for others

Companies that are transparent about pay, and consider the root causes of why they may have a gender pay gap in the first place, are most likely to find the solutions necessary to tackle the issue once and for all.

Be the inspiration – why mentors matter

“Children as young as five start to form gender stereotypes about different jobs. The consequence is that, from a very early age, they begin ruling out career options for themselves... ”

Millennials want to work for employers with a purpose beyond profit

“Jobs for younger people have become about identity. People want their job to say something about who they are not just what they do"

Study tips – generating Nominal Ledger Reports in Xero

This article is going to look at common reports run from the nominal ledger.

Dragon’s den: what Game of Thrones can teach you about business

From leadership to finance, the world of Westeros has many lessons for the real world.

Role models and rule breakers: Paul Donno, thought leader for accounting software

Donno has achieved acclaim for being one of the most forward-thinking accountants in the UK, and one of the first to take his company, 1AccountsOnline, fully online. Here's how he did it.

General Data Protection Regulation – start now or pay later

Conforming to GDPR is not an option, and complacency in this area can only lead to penalties and fines.

Your boss is breaking the law, what do you do?

Non-compliance by an employer or client can be a minefield. A new standard from IESBA will clarify your duties.

Tackling ageism at work against younger people

"I experienced age discrimination until I was about 33 as I was ahead of my peer group in terms of job roles"

How Brexit will affect bookkeepers

"Bookkeepers who can re-task to understand what new legislation comes through after Brexit are the ones who will succeed. Those who don’t want to uptrain won’t do so well."

Long read: the economic case for intellectual property

Companies with IP rights typically generate 29% higher revenues per employee, according to a 2015 study released by the Office of Harmonisation in the Internal Market (OHIM).

Are you risking your business reputation on social media?

It can be difficult for businesses to strike a balance between having a personality and remaining professional on social media. However, AAT members should be aware that inappropriate online conduct breaches the organisation’s Code of Professional Ethics.

Governance is only as good as those who govern

Recent IFAC guidance urges governance which is collaborative, consistent and transparent to help rebuild trust that has eroded from institutions that support the global economy. The guidance comes at an opportune time for AAT in light of recent decisions to amend our own governance structures.

Tackling ageism at work against older people

"We were offered a voluntary retirement course which I attended and found one of the most disillusioning experiences of my life"

Terrified of being found out? How to deal with Imposter Syndrome

High profile high achievers, reportedly including actresses Kate Winslett and Meryl Streep, Canadian actor Mike Myers, and acclaimed writer Maya Angelou have all identified with the condition.

Talent is everywhere, opportunity is not reveals new report from the Social Mobility Commission

Two decades of government efforts to improve social mobility have failed to deliver enough progress in reducing the gap between Britain’s ‘haves and have nots’, the Social Mobility Commission concluded in a hard-hitting new report titled, “Time for Change” published last week.

AAT responds to new Government regulations around Money Laundering

AAT asks for a grace period given the extremely short timeframe between the final version of MLR 2017 becoming available and their coming into force.

Auto enrolment: staging dates, NEST, naming and shaming

“Automatic enrolment is not an option, it’s the law. Where we find employers are not complying with the law, we will use our powers to make them comply.” Darren Ryder, Acting Director of Automatic Enrolment, The Pensions Regulator.

Are you risking your career on social media?

“My rule of thumb is don’t post or tweet anything that you wouldn’t want your grandmother to see.”

Long read: integrated reporting – reassuring your stakeholders

An anti-dote to current financial uncertainty, integrated reporting demonstrates that your company meets its environmental, social and human capital responsibilities.

Why you should consider becoming a school governor

There is a continuing demand for school governors and financial experience is one of the key skills that school governing bodies are now actively seeking.

Small business owners remain divided on whether Brexit will ultimately succeed

Today marks the one year anniversary of the vote that split the nation. But how are our nation’s small businesses feeling?

A Queen’s speech to appease

AAT Tax Policy adviser Brian Palmer reads between the lines of the Queen's Speech.

Know your citizen: HMRC’s online identity system

According to the researchers from University College London, the system’s central hub — which facilitates communication between government departments, third parties and citizens — could easily give up users’ private information if compromised by hackers.

The state of the UK’s small businesses

"Do we want corner shops?" Do we want bookshops? Do we want dry cleaners? Do we want somewhere you can get a pint of milk? If the answer is yes... we have to look at how this becomes affordable."

The services startups need from finance professionals

The steady influx of new companies presents enormous opportunities for accountants looking to find exciting new clients.

Good decision making based on Excel’s logic

Next time you need to apply more logic to your spreadsheets, try these functions. They will save you time and ensure more accuracy.

Study tips: fundamental principles, threats and safeguards – part 2

We look over AAT’s Ethical Code of Practice and focus on intimidation and advocacy threats as well as the principle of confidentiality.

“Are you what you tweet?”

Video: AAT’s Annual Conference speakers Lauren Razavi and Jesse Norton, co-founders of communications consultancy Flibl, dish on the big questions for accountants.

“If there was a zombie apocalypse, how would accountants save the world?”

Video: AAT’s Annual Conference speakers Emma Rose and Andi Lonnen dish out their views on our fun questions about accountancy.

How to go paperless with your accounting firm

Moving towards paperless offices could be a great step for accounting firms. The time and money saved can be better invested into expanding or improving services, and a more efficient system creates both happier clients and happier accountants.

Value Pricing – the secret formula for a better way to price your services

Podcast: Best-selling author and accounting expert, Mark Wickersham, explains why accounting professionals must do more than ever before to serve their clients, how price is the misunderstood driver of profit, and three pricing strategies we can learn from Apple in his keynote speech at the AAT Annual Conference.

Going it alone as a bookkeeper

Increasingly, many bookkeepers are choosing to go self-employed and become freelancers. So how to make the best of being a freelancer – and what pitfalls to avoid?

Time for Ministers to delay and then phase-in MTD?

At some point, MTD is set to deliver on its promise to free taxpayers from the compliance-drudgery of the current self-assessment tax regime, to a land where they can focus on the added-value features afforded to them through real-time record keeping.

The biggest issue facing the UK economy is complacency

Podcast: In his keynote address at the AAT Annual Conference, held on the day of the snap UK election, economist and journalist from The Times Oliver Kamm discusses the terrific headwinds and risks for the economy in light of plans for Brexit.

Taking the pain out of expense claims

With Making Tax Digital just round the corner, expense management solutions that integrate with cloud-based accounting software will be saviour for accountants and bookkeepers.

What does the tax landscape look like post Election?

AAT tax policy Brian Palmer, on what to expect.

How to calculate gender pay gap for payroll staff

Gender pay gap requirements came into force in April of this year. We outline the duty and calculations needed to meet the gender pay gap requirement.

Study tips: fundamental principles, threats and safeguards – part 1

We look over AAT’s Ethical Code of Practice and focus on three key areas with examples.

Britain’s financial services sector could lose up to 30,000 jobs

While very little is currently known about the terms of the UK’s exit from the European Union, the financial services firms that call the capital home have already been formulating their own exit strategies.

“My advice for AAT Distance Learning? Get a dog”

We speak to Julie Dove, AAT distance learner, about how she manages work, study, family and Cystic Fibrosis. Here Dove shares her tips on staying motivated when learning on your own.

Making Tax Digital: Late payments and penalties

Less than 3.5% of AAT licensed accountants believe that 14 days after the due date is sufficient time to pay or to enter into time-to-pay arrangements.

PKF Francis Clark is on a mission to get ahead of Making Tax Digital

The firm is one of the biggest in the south-west of England. It employs more than 650 staff, many of whom are AAT-qualified.

7 ways bookkeepers and accountants can increase customer loyalty

Spending time on increasing customer loyalty is something you should be giving attention to regularly. Here are seven unique ways to do this.

Fighting the phisherman

AAT is working with HMRC to tackle cyberthreats. There’s never been a more pressing need to do so.

What prison mackerel taught this man about blockchain

Bitcoin advocate Charlie Shrem went to prison for facilitating illegal payments – and the prison economy taught him a thing or two about blockchain’s potential.

Tax experiments: from the genius to the disastrous

Podcast: In a time when the future of tax policy is unclear, we’ve decided to look at how recent radical economic strategies have fared. Some, like Argentina’s ban on iPhones, seem hard to justify but others, like Brazil’s imaginary currency, are pure genius.

How millennials are reshaping the accountancy profession

Millennials in accounting aren’t just going to force changes in the tools used by the industry — they’re also going to demand greater flexibility in how they work.

Data Validation – IS & IF

With large amounts of data in Excel, it's particularly hard to see where errors might occur. ISERROR and IFERROR help identify where errors have occurred, with IFERROR also allowing you to deal with the error in the same function.

Regulatory advice: MiFID II for accountants

MiFID II aims to bring unprecedented levels of transparency to the financial services sector. Accountants that work closely with fund managers and asset traders must be aware of the upcoming changes to EU legislation.

What does the future look like for bookkeepers?

Ultimately, software will never replace bookkeepers because financial knowledge, capability and willingness to keep knowledge up-to-date is essential to do more than the most basic bookkeeping and tax returns.

Accounting for the oil industry

Without more expert accountants to decipher increasing levels of legislative change, it won’t be an easy prospect to make a living chasing black gold.

Born to be an entrepreneur: Nicola Lando, founder Sous Chef

Lando was prepping vegetables in a Michelin-starred French restaurant when she had the idea for a website specialising in hard-to-find ingredients and kitchen kit. Lando then launched online food and cooking retailer Sous Chef in August 2012, and revenues are now £2 million a year.

Role models and rule breakers: Paul Dunn

There’s a certain mischievousness about Paul Dunn when he laughs about shaking accountants out of their comfort zones during his famous boot camps in the 1990s. One of his favourite tricks was to deliberately make them late for dinner and then have an angry chef burst into the conference room to berate them. On one occasion the chef overplayed the drama by brandishing a large knife.

Update on optional remuneration arrangements – what you need to know

New salary sacrifice rules will have a significant impact on employers. Here are some of the key updates.

10 steps you should take to prepare for Making Tax Digital

Many firms are laying the groundwork for Making Tax Digital starting with a software assessment, client communication and a client assessment. Here are the 10 steps you need to take to prepare.

Building the future: Redrow Homes on the value finance apprentices have brought to their business

HR Director Karen Jones of Redrow Homes tells us why the calibre of finance apprentices is increasing year-on-year.

Nail the ‘any questions?’ part of your interview

This is the part of the interview most people fail to prepare for, yet hiring managers cite as one of the most critical aspects in them making a decision and deciding between candidates.

How open banking is set to make accountants’ lives easier

The new EU regulation The Payment Services Directive II (PSD2) will disrupt traditional banking and provide access to more transparent data for accountants.

Tax hero: I identified crucial tax breaks for my client’s business, helping them grow

With a warehouse full of goods, Harvey qualified for an embedded plant and machinery allowance that was often missed by regular accountants.

Tax hero: I saved a family wine business in South Africa from bankruptcy

“I knew that becoming an auditor and accountant, the biggest contribution that I could make would be to make businesses better and to get them to grow”

Tax hero: I helped my client become financially secure enough to adopt a baby

With careful accounting and strategic advice Phil Ellerby, from Northern Accountants, managed to turn a failing painting and decorating business around to the point where the owners could afford a big enough house and be financially secure enough to adopt their first baby, George.

The ‘Airbnb allowance’: rent a room, keep some cash

In the 2015 Budget, the chancellor announced that he would introduce two new £1,000 entrepreneurs’ allowances for trading income and property income from April 2017.

Accounting for the funeral industry

Accountancy professionals are finding the rules governing tax in the funeral industry are less clearly-defined than before. While a coffin or urn provided by an undertaker as part of a funeral package is exempt from VAT, a headstone is not.

How to build your business credibility

"When you're approaching clients and you're trying to gain more business, it's nice to be able to say that ‘I'm AAT licensed and regulated’. Not only does it give me confidence, but you can tell it's a bit of a selling point to whoever you're speaking to.”

Born to be an entrepreneur: Robert Rowland, co-founder BOOM Cycle

Boom Cycle has seen growth of 70% between 2015 - 2016 and now wants to go nationwide. Here the 34-year-old entrepreneur explains how he’s done it.

Minimum wage, maximum returns

AAT is committed to ensuring all employees receive a fair days pay for a fair days work and so we recently applied for - and successfully gained - Living Wage Foundation accreditation.

Are we losing the art of conversation?

“With people increasingly ‘glued’ to their mobiles or handheld devices, face-to-face communication is becoming uncomfortable for younger generations, and they often turn to their mobiles when they’re meant to be socialising or networking..."

Demystifying the apprenticeship levy: Flying Tiger on the benefits of hiring a finance apprentice

'Apprentices are receptive and show a real willingness to learn in a field they are actually interested in' - Helen Corsi-Cadmore, Tiger Cardiff.

Branding on a budget

A four-step expert guide to branding on a budget whether you're looking to create a business brand or personal brand.

Shared and creative workspaces – not just for hipster freelancers or start-ups

Workers in co-working spaces, may be happier, research suggests. Microsoft and HSBC are just two of the big businesses taking notice, moving in co-working spaces to attract the best staff and improve productivity.

Why slashie workers really need bookkeepers

More and more people are becoming a part of the 'gig economy' and working two jobs. Often time-poor with a need for specific tax advice, slashie workers are in need of your services.

Making tax digital: what bookkeepers need to know

HMRC’s move to digital accounting is without doubt the biggest shake-up to the tax industry in a generation – yet many bookkeepers and most people who file tax returns remain unaware of the changes and what their implications are.

Why and how bookkeepers should market themselves

If you want to grow your business, marketing can be the key differentiator, especially in an industry like bookkeeping where there is a limit to how much you can innovate the service.

How to deal with the failure of your new business

Many of the truly successful business founders we look up to today have at least one entrepreneurial failure behind them. Sir James Dyson spent 15 years (and all of his savings) working on over 5000 prototypes before coming up with the bagless vacuum cleaner that made his name (and his fortune).

And now for the economic forecast with Oliver Kamm

Times columnist, banker and author Oliver Kamm offers his predictions for the UK economy.

Taxing times as General Election called

The NICs increase is just one of many issues that may now have to be revisited due to the election.

Managing film and production accounting

Major motion pictures have multi-million dollar budgets. Production accountants play a big role in ensuring that they adhere to a detailed spending plan.

Top five productivity apps to save you time

Everyone wants to be able to do more in less time, and there are a dizzying number of productivity apps promising to help us do exactly that. Dean Evans picks his top five.

I ran away from the theatre to become a bookkeeper

AAT bookkeeper Stephen Levine found that the rush of running your own business was akin to being at a rock concert.

Horse whispering your way to better leadership

Growth and leadership happens when you are outside of your comfort zone and horses mirror our behaviour and give instant, non-judgmental feedback on it.

The world’s biggest accountancy opportunity

India’s famously convoluted indirect tax system is finally being overhauled. That means fewer headaches for Indian businesses – and a wealth of opportunity for accountants.

How to avoid small talk when networking

What's the best way to avoid small talk when networking? We have four steps to follow whether you're meeting new people in a professional or social situation.

Should VAT be standardised again?

As VAT has become more complex and more important (it raised over £115bn in 2015-16) and as Britain has now triggered article 50 to leave the European Union, the time has come to review its operation in the UK.

How the UK is investing in the future of regulatory compliance

The global financial crisis, followed by the Libor scandal and the associated manipulations of the forex markets, have highlighted the need for more effective safeguards against systemic risk.

How to comply with anti-money laundering regulations – your responsibilities

In March 2017, the Organized Crime and Corruption Reporting Project revealed that British banks have processed more than £20 billion worth of dirty money.

How to be a leader… and still be liked

“It’s true that some people are born leaders, but anyone is capable of developing leadership skills,” says Lisa LaRue, a registered career coach at CareerWorx.

Will the rise in business rates affect you?

Business rates are undergoing their biggest shake-up for seven years. So what does it mean for your business – and are the changes fair?

Parents are leaving their full time jobs in droves to start their own businesses

Parents are behind two working trends: a push for flexible hours, and the rising numbers who are quitting office life entirely to launch their own start-up. Four entrepreneurial parents give us their top tips for being your own boss.

PCRT – what AAT members need to know about the 5 new standards

The fundamental principles of PCRT have been strengthened through the addition of five new standards, which members must observe when considering tax planning.

Will SEPA be the saviour for the gig economy?

In essence a SEPA is an enhanced form of sole trader status. The main difference between a SEPA and a sole trader is that the former would allow the business owner to ring-fence their owned home, and possibly other significant assets (i.e. pensions), from any liabilities arising.

Quality assurance – an accountant’s greatest asset to a business

‘Business partnering’ may be a buzzword but a management accountant must be a partner to all the departments in an organisation to show the inter-related impacts of decisions on the business as a whole.

Get a job in film and TV production accounting

Accounting on a film or TV production demands more than just financial skills.

Singapore: accountancy’s capital city

Economic pressures and automation are making thousands of blue-collar workers in Singapore redundant. Could retraining as accountants be the answer?

Protecting your data in Excel

Here are the steps you need to take to protect an Excel workbook.

New world farming and the impact for accountants

Self-driving tractors, WiFi-connected cows and robotic milking systems - farming is becoming hi-tech and with it the way accountants predict profits.

When the smart fridge has ordered 5,000 bananas from Guatemala, somebody has to figure out the tax implications

The abundance of data provided by smart devices will increasingly be used to streamline financial data to the cloud.

Is your smartphone your next doctor?

Smartphone apps have revolutionised the way we bank, shop and communicate. Many predict they will soon transform the medical sector, reducing our dependence on doctors, cutting costs, and improving the efficiency of global healthcare systems.

Role models and rule breakers – Samantha Gregory MAAT

After growing up in the sleepy Cornwall town of St Austell, Samantha stumbled into accountancy at the age of 18 and has since had a high flying career across the Middle East and South Asia working for the multinational law firm Clifford Chance.

Feedback from mentors and learning tricks of the trade – the benefits of on the job learning

Finance apprentice Sally Fisher found on-the-job experience invaluable to her career and her employer.

From waiter to CFO

How Stefan Payne, CFO of Titan Airways, launched his dream career.

Long read: returnships – let’s expand the argument beyond working mothers

‘Returnships are a great idea particularly for women after an extended career break. But this topic always ends up being about women and I don’t think it should be. It should be about wider diversity career breaks.’

It wasn’t murder charges that brought down Al Capone, it was accounting

When law enforcement agencies need help spotting irregularities in financial documents, or want to trace the movements of stolen money, they call in the forensic accountants. These professionals combine an accountant’s numerical know-how with a detective’s investigative skills.

Human interaction is crucial to business success – even in the age of technology

“Big data” has huge potential to help accountants to advise financial teams on how to run a business. However, without increased interpersonal skills the full potential of such digital advances may not be reached, cautions Sylvia Tsen, Executive Director at the International Federation of Accountants.

How to find and succeed in an apprenticeship

The apprenticeship route into a financial career is becoming increasingly popular. We meet Adam Newton, a determined apprentice who didn't let the word no stop him from entering a the profession he dreamed of.

Government abandons Budget plan to increase National Insurance

AAT lobbied Conservative MPs to encourage them to push for the National Insurance increase plans to be modified or abandoned. Earlier today the Chancellor wrote to all Conservative MPs confirming that he was indeed abandoning the increases.

Fair Tax Mark – the label for good taxpayers

Go beyond ‘boycotting the baddies’ and support businesses paying their fair share of tax.

The value of authenticity at work

Being authentic and genuine can help build trust, strengthen relationships and empower others.

How regulatory technology is transforming compliance

For accountants, regulatory technology offers enormous potential as tools to assess and monitor clients’ exposure to risk.

Needs an accountant: KFC founder Colonel Sanders

The KFC founder hit the big time with his franchise model, but failed to predict the true value of his product.

The 4 biggest gripes from yesterday’s Budget

There were a number of announcements that for self-employed workers, SMEs, and average families, are bound to sting.

Making Tax Digital campaign success for AAT

Following a six month lobbying campaign from AAT, the Chancellor confirmed during the Budget speech that the threshold for MTD will be increased from £10,000 to £83,000 until April 2019 when it will revert to £10,000. The change will benefit millions of SMEs and accountants.

5 reasons entrepreneurs need accountants

Studies show that having an accountant on board is something most high-achieving start-ups have in common.

Why transferable skills are more important than ever

In a world where entire industries are being disrupted and many of us will be working for companies that don’t exist yet, in roles that haven’t been created, transferable skills are more vital than ever.

Apprenticeships: government is encouraging SMEs to deliver their own training

Providing the chance for young people to develop their professional skills and gain practical business knowledge presents a remarkable opportunity for SMEs, especially in a constantly changing sector like finance.

Is whistle blowing worth the risk?

Podcast: If blowing the whistle can result in blacklisting, unwanted publicity and even jail time, is it worth the risk?

Meet the AAT apprentice already winning awards for her work with a not-for-profit housing association

For all rounders who don't know what direction to swing towards next, apprenticeships can offer the chance to score a homerun. We spoke to Hollie Evans about how she went about switching sixth form for the workplace.

Dismissing the stigma attached to doing things alone

Podcast: Nicola Smith, foreign correspondent, has spent a decade reporting for The Sunday Times. Listen to her story about how doing things alone lead to the most enriching years of her life.

Spring Budget 2017: AAT’s 3 key recommendations

Read CEO Mark Farrar's letter to the Chancellor ahead of next Wednesday’s Budget. AAT has made three recommendations to the Chancellor aimed at boosting productivity, encourage saving and save the taxpayer money. These recommendations are largely revenue neutral.

HMRC announces concessions for Making Tax Digital – what you need to know

It’s official. HMRC confirmed on 31 of January 2017 that Making Tax Digital (MTD), the seismic-shift in the way that taxpayers and their agents deal with HMRC, would be going ahead, albeit with some concessions arising from a period of consultation.

How to learn from your critics

No one likes being criticised but none of us are perfect and sometimes we can use valuable feedback to make our businesses or ourselves better and more productive. So here are a few tips to help you learn from your critics.

How charity can begin with tax advice

Mike Holland, a chartered accountant and chartered tax adviser, used to be a corporate tax manager for a US multinational corporation. Now he advises on tax matters for older people on income of less than £20,000 a year, where less than £100 can be at stake.

Further considerations to starting and running your own business

Henry Cooper FMAAT has previously looked at whether or not you have the “right stuff” to work for yourself. In this post, he outlines other factors you should be considering before and after you've taken the plunge.

Making Tax Digital: the profession awaits some key details

In the Budget to be released on 8 March, anticipation will be high for an announcement regarding the threshold limit, before MTD legislation is laid later this year.

Accountants who build stadiums, hospitals and hotels – why you’re essential to the management of projects

Your insight is essential to the effective management of a project and reflects the critical role accountants play in ensuring the success of the business across all its activities.

Important changes on the taxation of residential property

To avoid the housing market overheating during his period as Chancellor, George Osbourne introduced a raft of onerous changes to the tax treatment of buy-to-let (b2l) properties.

Apprenticeship levy, the story continues

With a minimum paybill of £3 million before any liability is incurred, many small employers will think that the apprenticeship levy does not affect them. However, there are some circumstances where this assumption would not be true.

Clicks to bricks: taking the business offline

Not so long ago, companies with a high street presence were finding out how to go online. Today, some organisations are experiencing the opposite challenge – with a successful online business, how do you move offline?

The generation of slashie employees

All around us there are people working two jobs or more; baristas by day, bloggers by night or bookkeepers by day and bus drivers at night. These individuals are ‘slashie’ employees.

How accountants can prevent criminal activities

Accountants must keep up due diligence and not let standards slip when it comes to preventing money laundering. The challenge facing accountants is that criminals work very hard to appear like every other client on the books.

Accounting for investment property under FRS 102

Advice for accounting for investment property under FRS 102 and the key pitfalls to be aware of.

Defining value in finance: a conversation with Andi Lonnen

“You can’t just do the run of the mill compliance stuff anymore – instead, the focus must be on delivering peace of mind for clients and managers.”

The end to a good work life balance

A 2015 study by accounting software company Xero, found that 76% of small business owners have sacrificed a holiday to business obligations and that this trend is on the rise.

How to answer intrusive questions at work

From time to time, we may find ourselves on the receiving end of an intrusive question from a well-meaning or downright nosey colleague. What’s the best way to deal with such questions?

5 ways to reduce spreadsheet risk

Tracking down an error in a complex spreadsheet can be time consuming. Here are several techniques to employ to reduce errors.

Disruptive startups lowering the cost of sending money abroad

Banks were once the natural place to turn for UK businesses and consumers looking to transfer money abroad. But new players in the world of international transfers are making it faster, cheaper and easier to send funds across borders.

Optimising your income: tax tips for freelancers

If you're a freelancer, managing the tax-related aspects of your side hustle can be daunting and frustrating. Here are ways to optimise your income and avoid the common tax pitfalls.

How to know if you’re ready to start your own business

As a business owner you need to be accountant, marketer and entrepreneur. It's rare to be competent in everything - how do you identify and develop the skills you need to run a successful business?

Apprenticeship levy, the story so far

From 6 April 2017, the apprenticeship levy comes into effect. We outline what we know so far and the ways each nation will access apprenticeship funding.

A day in the life of a farm bookkeeper

“When you arrive at a farm, there can be all manner of things to do besides the bookkeeping... It might just be sending an email or ringing somebody up, but it can sometimes mean looking after the grandchildren, or sitting with a smelly dog under the desk while you work!”

Dividend Tax – what to consider when advising the small company owner

Last year the post-election 2015 Emergency Budget saw the Chancellor announce a radical overhaul of the tax treatment of dividends. This is what your clients need to know...

Will taxation lead to the downfall of the smaller private landlord?

How does Brexit and interest rate rises impact the growing market of cash-rich empter-nesters entering the buy-to-let market?

Why coworking spaces are perfect for bookkeepers and accountants

Whether you’re a freelance bookkeeper based at home, or a small accountancy firm looking for a change of scene, relocating to a co-working space could enrich your business.

How do you know if an organisation is doing well or not?

The technical term for this area of management accounting is Performance Management and it is a far more complex field than many organisations appreciate.

How online communities can help build your finance SME

Going it alone can bring uncertainty, so it’s important for finance SMEs to seek support and guidance from other firms in the sector.

Master your sales skills and become a more successful accountant

Whilst the numerical and technical ability of accounting professionals is second to none, accounting qualifications do not explicitly cover sales, and regular accounting jobs do not give individuals the training or exposure to develop their sales expertise.

The changing face of accountants

Being proficient with cloud technologies, customer relationship management (CRM) and enterprise resource planning (ERP) systems is becoming increasingly necessary for a modern accountant.

Inconsistent policy commitments risk damaging the UK’s renewables sector

Over the past year, politicians in Whitehall have approved plans to frack for shale gas in Lancashire and greenlighted the Hinkley Point C nuclear power station, demonstrating that renewable power isn’t a top priority when it comes to energy policy.

Champion of change at HMRC

Mark Young has spent 19 years working at HMRC. His biggest success? Making the taxman work better for accountants.

Skydiver, business owner, bookkeeper

When you find yourself 12,000 feet in the air, dangling out of an airplane, there’s a lot racing through your head.But for some skydivers, the most important question is whether they’ll be receiving a VAT receipt once the adrenaline rush subsides.

Are corporations paying their fair share of tax?

Corporate tax avoidance has been a recurrent theme of the UK news cycle over the last few years seeing heavyweights such as Amazon and eBay condemned by the press. Has much changed and is there any hope that big corporations will one day pay their fair share of tax?

How to bounce back from job rejection

What if you apply for your perfect job and then get rejected? How do you deal with it? Here are our top 10 tips on how to bounce back.

Financial reporting changes for 2017 – what you need to know

2017 is likely to be a turbulent year for many practitioners dealing with small company clients (and, indeed, small companies themselves). The move across to a new financial reporting framework, understanding the impact of the revised Companies Act 2006 and getting to grips with the new filing regime will cause upheaval in many firms.

What bookkeepers need to know about cybersecurity for their businesses

Cybersecurity has become essential for professionals in any industry, but for bookkeepers and accountants, the risk of data theft or fraud is particularly high.

Why it’s great that you lost your job

In 1991, Will King had a job he loved. He was business development director for a corporate-events company, earned a good wage with decent benefits and genuinely enjoyed what he did. Then the UK went into recession and he was made redundant.

2017 – the year everything changes

More than ever, clients are now looking for their accountants to provide them with peace of mind. Simply completing the compliance paperwork is not enough.

The future of accountancy – managing the changes

Whilst 2016 has seen the introduction of new accounting standards where the accounting treatment under FRS102 is substantially different from existing UK GAAP, another game changing revolution is on the near horizon.

Flexible working: please sir, can I have some more… life

Here are the top tips on how to negotiate (and get) flexible working.

FRS 102: cash flow statements

The presentation of an FRS 102-style cash flow statement will be markedly different than the cash flow statement prepared under FRS 1 cash flow statements.

Are you starting a business for the right reasons?

Many businesses fail in the first two years of operation so it's important that you take the leap for the right reasons.

Preparing for the worst in a job interview

Ask anyone and they probably have a nightmare job interview story. Here's how to prepare as best as possible for any given situation, to ensure the outcome works for you – you get the job.

New horizons – why I left a profitable corporate job to become a café owner

‘I didn’t get to see my older kids growing up and when my younger children were born, I thought – I want to do things differently this time.’

The impact of Integrated Reporting

One of the most important developments in financial reporting in recent years is the idea of Integrated Reporting. IR has far reaching consequences and implications for how qualified accountants perform their roles.

Role models and rule breakers – Hina Usmani

In many other countries, Hina Usmani would just be doing her day job, but in her homeland of Pakistan, as a rare female accountant in a male-dominated environment, she is at the forefront of changing an entire work culture.

The pros and cons of taking a career break

There are a number of ancillary benefits to taking a career break. However, those wishing to partake in one themselves should be aware that it will not necessarily be possible to make a smooth transition back to the world of work.

The age of the precariat: surviving unpredictability and insecurity

The number of people considered to be working with less security and a higher threat of losing their jobs at short or no notice, has grown by two million people over the last decade to 7.1 million. The professions in which job security is dwindling extends into more traditionally secure professions, such as finance, law, medicine and teaching.

How to make your resolutions work in 2017

Whether you are looking to further your career, focus your studies, or more effectively manage your CPD, these tips and tricks should help focus you and enable you to move forward in 2017

3 quick confidence boosters for challenging situations

Prepare yourself for stressful situations with these three quick confidence boosters.

The new tax codes and what they mean

To be able to explain and inform someone about these relatively new tax codes will not only help the individual asking the questions, but will also confirm that the person giving the information is up to date, helpful and professional.

How do clients know if you’ve done a good job?

You may be happy to wait for unhappy clients to tell you how they feel. To do so may be to risk them going elsewhere rather than complaining or giving you negative feedback.

The challenges of Big Data for management accountants

The challenge will be for AAT qualified members working in management accounting functions to ensure they are questioning their current role and moving beyond the traditional costing, budgeting and control functions to embrace the opportunities this new world will present.

Are you fit for business?

About three years ago, I had a health scare, which proved to be a turning point in my life. My first reaction was a mild feeling of depression, I didn’t want to diet and I didn’t fancy joining a gym, so what to do? - Henry Cooper, AAT's 32nd President.

How accounting led me to head a department at the Royal Albert Hall

Lesley Page’s career started with AAT. A career that involves housecalls to Richard Branson, global travel and free seats at sell-out Kylie Minogue performances.

Meet the experts – Anti-money laundering expert Richard Simms

“Many of [these] vulnerabilities … leave accountants open to being used, wittingly or unwittingly, to assist the financing of terrorism.”

What the client really wants

How well do you really know what your client needs? Follow this eight-step template to assess your client's needs and find opportunities for additional services and accurately charge for your services.

Accounting for fixed assets under FRS 102

To a large extent, the accounting for fixed assets under FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland remains unchanged from outgoing FRS 15 Tangible fixed assets and the FRSSE. However, there are some notable differences that AAT Licensed Accountants and AAT members working for companies involved in accounts preparation should bear in mind.

Automatic enrolment – everything you need to know to get started

An overview of the staging process and assessment of workers of an employer who is due to stage, or has staged already.

To attract your ideal client, put yourself in their shoes

Little things count when you’re courting your ideal client – even your footwear – explains marketer to accountants Patrick McLoughlin.

Is the gender pay gap overplayed?

Despite the Equal Pay Act coming into effect over 45 years ago, it is commonly asserted that women in the UK continue to earn less than men. Phil Hall, Head of Public Affairs and Public Policy at AAT, explores whether this is actually the case.

Want a better career? Get a gig on the side

Why life experience makes you a better employee.

Work-life balance in a culture that fetishises work

The flashing light or bleep of incoming notifications on our smartphones, often provided by a company, act more like dog whistles summoning us, making us twitchy and unconsciously dependent.

Meet the experts – technology adviser Paul Stringfellow

“We see huge concerns around data security… that people are ensuring that they’re not losing sensitive data and that they’re not leaking data out to competition.”

Blood money

Listen to how two accountants took up one of Texas' most notorious unsolved murder cases. What they found out turned the case - and their practice - upside down.

Small businesses below the VAT threshold should be excluded from MTD

Mark Purdue tax product manager at Thomson Reuters discusses the key implications of the Autumn Statement for accountants.

The Brixton Pound: creating a currency

The rise of the Brixton Pound, an alternative currency in south London, has shown how communities can take money creation into their own hands.

Morality versus legality – the tax avoidance debate

In the wake of ongoing corporate tax avoidance, the debate continues as to where the line between morality and legality lies. AAT tax policy adviser Brian Palmer offers his opinion.

Long read: why financial literacy is essential for the next generation of entrepreneurs

"Often it’s micro businesses who are most at risk. They may not necessarily perceive themselves as ‘a business’. They’re just doing what they love and sometimes the financial side is not even secondary - it’s tertiary. It’s only when things start going wrong that numbers become important," says AAT product manager Darren Nicholls.

Business pricing for bookkeepers

When starting out as a bookkeeper, getting the price right is one of the hardest things to master. Here are a few tips to help you get it right.

The write skills

You work with facts, figures and spreadsheets. You haven’t considered writing a novel in your free time, and the struggle of how to use the Oxford comma remains happily irrelevant. So why must you bother mastering writing skills?

Simplify ISA regime, extend apprenticeship levy and phase in Making Tax Digital – AAT’s three key asks for the Autumn Statement

“The recommendations we have made to the Chancellor will help boost productivity, encourage saving and save the taxpayer money,” says AAT Chief Executive Mark Farrar.

5 ways to re-engage past clients

Here’s 5 ideas to re-engage past clients you can take action on today.

Conditional formatting

Conditional formatting helps users to highlight errors and identify important patterns in data.

How bookkeeping led me to become an author and entrepreneur

Lisa Newton studied accounting, began her career in bookkeeping and, today, is the driving force behind a nationwide network of bookkeepers – as well as the author of more than 10 business books.

Turn Making Tax Digital to your advantage

Why Making Tax Digital could actually help you improve client management.

How to give and receive criticism the right way

Follow these steps for constructive criticism that will ensure you get an improved behaviour or response next time.

Tips to negotiate your salary

“The next time you do get offered a salary, you’re going to pause, you’re going to be polite and confident and articulate and you’re going to say ‘can you go any higher?’”

Do accountants welcome the rise of the robots?

CIMA’s recent survey of 1,628 members found that 83% support automation, and 62% believe their company will be more efficient as a result.

How to use LinkedIn to find clients

LinkedIn can be useful to job hunters and recruiters. But it is even more valuable to accountants who want to secure more business.

Ratio analysis of financial statements

Ratio analysis is critical for helping you understand financial statements, for identifying trends over time and for measuring the overall financial state of your business. In addition, lenders and potential investors often rely on ratio analysis when making lending and investing decisions.

Equal pay day is here again – will it ever become a thing of the past?

From now until the end of 2016, working women are now, on average, providing their services for free – highlighting the 9.4% gap between average pay of full-time male and female employees.

Meet the experts – financial reporting standards adviser Steve Collings

Steve Collings qualified as an accountant with the ACCA in 2005. Collings is a director at Leavitt Walmsley Associates, an accounting business. He’s responsible for technical compliance, financial reporting, audits and making sure that accounts are “done correctly and can stand up to scrutiny.”

A day in the life of a bookkeeper

Jo McAllister is not your average bookkeeper. Her clients include hairdressers, childminders, a fireman and an Amazon trader. When Jo is working her day job, her clients will drop off bags full of receipts and invoices through the 'magic cupboard'.

How to make a recruiter work for you

“Finance and accountancy roles are much more strategic now. If you look at the emerging CFO roles on boards now, the CFO is now one of the most important board members.”

The economic impact of late night venues

Nighttime economies are an important part of many cities throughout the world, but safety concerns have resulted in venue closures and strict regulation over recent years.

How to launch a side business whilst working a fulltime job – part 2

If you are thinking about starting a side business while working full time, but are daunted by the thought, there are plenty of experts on hand to help. Here's what they advise...

Questions to avoid asking job interviewers

Is the easiest way to spoil a fantastic job interview to not ask any questions, or to ask the wrong ones?

How to get the soft skills that can help advance your career

The benefits of professional training are not limited to the new skills and knowledge that you gain. As well as learning how to do new things, you can significantly improve your soft skills too – making you a better team player, enhancing your life outside work and increasing confidence.

Technology and vigilance – the key to combating terrorist financing

The Charlie Hebdo and kosher supermarket attacks that took place in Paris at the beginning of 2015, resulting in the deaths of 12 people, are believed to have been funded by a €6,000 consumer loan.

How to enhance job satisfaction both now and in the future

Professional training isn’t just about looking for the next promotion or enabling you to spread your wings elsewhere. It also makes you more satisfied and content with your current role.

Managing risk culture in the finance industry

Planning and implementing cultural change within an organisation can be difficult, and challenging a hazardous risk culture requires many well-considered steps.

Emotional intelligence: becoming more likeable

A relatively new concept, EQ has been growing in notoriety in professional and academic spheres. “It's about managing emotions so they work for you, instead of against you,” says Justin Bariso, an award-winning author and management thinker.

How to get your employer to fund your professional training

Here are the best ways of approaching your employer to secure funding for courses and enhance your promotion prospects.

7 secret learning habits of successful people

We spoke with Karen Shaw FMAAT, finance director at Waterfall Catering Group and David Hassall MAAT, managing director of DH Business Support, to get their top tips on how to get the most out of learning and your career.

How to launch a side business whilst working a fulltime job

Launching a side business while working full time is not for the faint-hearted. Those who do, warn that it requires real sacrifice and commitment. But when a start-up takes off, there is no greater sense of satisfaction.

Meet the experts – networking pro Sue Tonks

You’re at a networking event. When you walk in the room who do you talk to? Sue Tonks explains how to network like a pro...

Speak like Frank Underwood

“The combination of passion, ability and the moment makes a speech come alive, and that’s something we can all learn from,” says House of Cards author Michael Dobbs.

I created my dream business – but almost burnt myself out

Accounting Technician columnist, Emma Sinclair, didn’t think that there was any limit to her pool of energy, but she soon found herself exhausted and unable to recover quickly.

Role models and rule breakers – Lillian Moremi

When Moremi swapped Botswana’s steamy 32°C for Antarctica’s bitter sub-zero February temperatures on an expedition for aspirational young leaders, she became the first ever woman from her country to do so.

How 50 Cent joined the bankruptcy club

50 Cent’s millions of Twitter and Instagram followers were subjected to endless boasts about his lavish lifestyle. But the rapper’s relationship with money was, in reality, on the rocks.

How to get a job working for a startup

Gaining a job at a startup is often not as simple as writing a covering letter and sending in your CV to an internal recruiter. It is all about thinking creatively and being an opportunist.

Politics is back and the post-Brexit centre ground is up for grabs

The brief summer hiatus in the uncertain post-Brexit world of politics has come to an abrupt halt over the past couple of weeks as the party conference season has taken centre stage.

Finance experience is crucial to running your own restaurant

“[Working at Merrill Lynch] taught me everything about running a business from the finance side. Cash flow, balance sheets and P&Ls...I realised this was really important stuff to understand if you wanted to go into business.” Mark Selby, co-founder of Wahaca.

Accountants can change the way businesses lead

Accountants are well-placed to help companies navigate changes due to their experience working across different industries, deep sector knowledge, and underlying understanding of how different business models work.

Meet the experts – Payroll specialist Karen Thomson

Payroll expert Karen Thomson tells us about disputes with HMRC, the conveyor-belt of tax consultations and why accountants should charge more for payroll services.

Role models and rule breakers – Michael Walby

Michael Walby admits that he got off to a slow start at KPMG, but he believes that his early struggles helped to shape his ground-breaking approach to talent spotting today.

Crime fighting accountants

"One of the key motivations for senior managers or directors to commit fraud is not necessarily due to financially difficult circumstances, it’s more often borne of a sense of entitlement or of being overlooked."

Do you have the risk appetite to work at a high growth startup?

2015 was a record year for new business formation in the UK, with 610,000 companies birthed. In this post we assess the upsides, as well as the downsides, of working at startup companies.

The diverse and wonderful world of work experience

Landing a role is not easy, with many employers insisting upon candidates having work experience. So how can you build a CV that proves you have the skills and experiences to get you noticed, and to get you closer to becoming an AAT member?

Our future is brighter now we’re on top of the cloud

When Olly Evans joined his family's accounting firm, it had barely changed for years. The time was right to shake things up.

Building an Excel Model

Excel Models are representations of real-world financial scenarios.

FRS 102: Section 23 Revenue

FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland deals with revenue at Section 23 Revenue. This is a very comprehensive section with an Appendix of 26 examples to aid correct application of the principles.

Meet the experts – HMRC on Making Tax Digital

Oliver Fisher, head of policy and delivery for Making Tax Digital (for business) at HMRC talks us through this new ambitious system.

Diamonds aren’t forever

Botswana is one of the most prosperous nations in Africa, but its economy is reliant on diamond mining. As it diversifies and spawns more entrepreneurial businesses, there’s a growing demand for specialist trained accountants.

Currency signs – where do they come from?

The sign for a currency is a thing of excitement. These little symbols have a lot of power but where did they come from?

VAT tips for bookkeepers

In theory electronic filing of VAT ought to be painless. In practice it’s dogged with glitches, oddities, and opportunities to upset HMRC. Here Paul Bulpitt, head of accounting at Xero and co-founder of The Wow Company, gives us his top tips for making VAT a doddle.

How to turn your office into a distraction-free zone

Establishing a new business is seldom a five-minute job, but it’s easy to think that once a company name has been decided on, a VAT number secured and an office leased for 12 months you’re good to go but you’re about as ready as a Sumo on his first day at ballet school.

Will the future favour bookkeepers or accountants?

In theory you could claim to be an accountant even if you have no professional qualification or if you have achieved bookkeeper status. But I wouldn’t recommend doing so.

The market most bookkeepers are overlooking

Many bookkeepers are overlooking a lucrative sector of the market: accountants and fellow bookkeepers.

Defining a work/life balance in the digital era

The evolution of digital technology has liberated our working lives, but it has also blurred the lines between work and home, placing more demands on our time. How can both employers and employees draw the right boundaries to gain the full advantage of new technologies rather than allowing it to create an additional burden?

Why depression in men is so hard to diagnose

Depression is a serious problem, and one that’s on the rise. It affects men as well as women but, due to various factors, is a little harder to spot in guys. Psychotherapist Daniel Fryer advises what it is, how it can affect you and how to get help.

How Lego almost wiped itself out

Lego is one of the most popular toy brands in the world. But, in the 1990s and early 2000s, a series of surprisingly terrible ideas brought the Danish company to the brink of collapse.

Show me the money

Small irregularities are at the heart of incorrect assessments. How to help your clients get what they're owed.

Micro-entities: to revalue or not to revalue

FRS 105 becomes mandatory for micro-entities choosing to report under FRS 105 for accounting periods starting on or after 1 January 2016. One of the key issues to consider is where a micro-entity may carry assets under the revaluation model.

Why so many recruiters are ‘ghosting’ job applicants

Julie Bishop, founder of Job Hop dream job consultancy, says that employer and recruiter ghosting in the job world is bigger than anyone can even imagine.

What to expect from Making Tax Digital

The long awaited HMRC Making Tax Digital (MTD) papers are finally out and in the public domain. AAT tax specialist Brian Palmer analyses what accountants can expect from the changes.

Excel tips – IF, COUNTIF & SUMIF

Use the IF, COUNTIF & SUMIF functions to specify the values within a cell, clarify your data ranges and count occurrences quickly.

Strengthening tax avoidance sanctions: why this is a good thing for professional accountants

Yesterday HMRC published its discussion document Strengthening Tax Avoidance Sanctions and Deterrents. Tania Vanburen, Head of Professional Standards and Strategy at AAT, thinks this is a welcome proposal, and here are the reasons why.

How to handle being ghosted after a job interview

‘Ghosting,’ a term once synonymous with online dating, is now becoming increasingly rife in the world of recruitment.

Learning professional and technical skills on the job

Gaining technical and professional skills during your early years as an accountant is important for your future career. It's also a requirement to achieve full AAT membership (MAAT).

Work experience and professional conduct

“Being professional is something that your employer will automatically expect from you on your first day at work, as well as throughout the interview process.”

Don’t rule out alternative routes to a degree in finding your career of choice

A-Level results day is fast approaching. Mark Farrar, AAT Chief Executive, outlines why you should consider all routes when it comes to finding your career of choice.

FRS 103: Insurance Contracts

AAT members and Licensed Accountants that prepare financial statements for insurers will need to have a sound understanding of the requirements in FRS 103.

How to get your message across in writing

There’s a big difference between the writing we do for ourselves and the writing we need to do in our professional lives. Here are a few tips on how to get it right.

Study tips: Fixed variable and semi-variable costs

We look over the definitions of costs, how they behave and apply these to various examples to help unpick what the figures actually mean.

Public sector: a day in the life

Ben Cookson, accounting professional at Cheshire East Council talks us through his day. From 3am wake up calls to lights out...

Busting public sector myths

We asked public sector professionals and recruitment specialists to paint the real picture and confirm or bust a few myths.

Why are public sector finance roles in demand?

Modern public services are increasingly moving towards privatisation. On paper this does not sound positive for public sector finance departments, but skilled finance professionals are required to manage such changes.

Sitting is the new smoking: 5 ways to stay active at work

Research has linked sitting for long periods of time with a number of health conditions including diabetes and even some types of cancer. Lee Jones, wellbeing and ergonomics consultant offers five small changes you can make to ensure you remain active in the office.

Why work in the public sector?

"Without sounding too cliché, I came to the realisation that I had found my calling in life." Ben Cookson MAAT

Index numbers – Level 4 study tips

As an accountant, it is important to not only recognise what a change in index number represents but also the driving factor behind the change.

Allowance for doubtful debt – Level 3 study tips

This article focuses on what an allowance for doubtful debt is, why we might need one and how we can create one in the general ledger.

Take back control of your life with a digital detox

Research released by Ofcom this week revealed that UK adults spend an average of 25 hours online per week. Here's how to restrict access and achieve a digital detox.

5 ways to keep your business ticking over despite a quieter workplace

During the holiday season, staffing numbers can put additional strains on those who are left in the office. Here are five top tips to keep your business in good shape.

Excel 2016: our top 10 features

Excel 2016 was released earlier this year and we thought it's only right to give you the lowdown on our favourite new features.

4 branding lessons to learn from Pantone

In 2015 Pantone launched a new colour, Minion Yellow. So how did such a niche product, once just a colour chart for graphic designers and interior decorators, become a global brand and what are the lessons you can apply to your own business?

Networking… not a very British pastime

“Whether you’re networking face-to-face or electronically, people buy people first, and people want to know what you can achieve for them, not what you can achieve for yourself.”

My studies helped me beat anxiety

Amy Rowe’s anxiety landed her in hospital. Determined to get better, she discovered AAT, and, through blogging, finally found her voice.

Get the most out of CPD by making it personal

We spoke to Rob Collie, Director of Group Finance Delivery at Sky, about the value of consistently high standards of CPD.

Trend analysis – Level 4 study tips

This article shows how to calculate trends, analyse them and use them to make forecasts for the future.

Know your tax reliefs and be a start-up’s best pal

Michael Steed, Accounting Technician columnist and tax consultant for Kaplan, explains why when it comes to ER and tax-relief schemes, the advice of AAT accountants can be very valuable.

5 tips from a recovering people pleaser

Do you automatically say yes when you want to say no? You might be a people pleaser. We give you five tips to overcome it.

The food of love: how festivals support local communities

The rise of festivals across the UK has been phenomenal over the last 30 years. As well as generating £2.2bn for the UK economy, festivals are playing a key role in social cohesion and helping local businesses thrive.

How Spidey let $60m (£45m) slip through his web

A Spiderman musical with a score by U2, and a Tony Award-winning theatre director at the helm, the perception was that it couldn’t be anything other than a huge hit. Yet it ended up being the most expensive flop in theatre history, losing upwards of $60m (£45m).

FRS 102 and leasing

Leases have always posed a problem for the accountancy profession. FRS 102 brings about some notable changes to the way in which lease transactions are accounted for.

Entrepreneurs are the emerging stars in Botswana’s growing economy

As Botswana aims to diversify its economy to reduce a dependence on diamonds, a growing number of local business people are blazing a trail for others, but a lack of financial know-how could trip them up caution global entrepreneurship experts.

Work experience: what AAT students say

An essential part of gaining AAT membership is work experience. We hear from current and former students about the value of work experience and their advice on making the most of it.

Second shot

Maher Obeid had to flee for his life as the Syrian civil war arrived on his doorstep. Now he's relaunched his accounting career at a UK charity providing Syrian aid.

Make the most of work experience, without being exploited

Stories in the media have highlighted instances of people being exploited in unpaid internship schemes, made to do menial tasks with little promise of real experience and lacking the incentive for the future career progression they’re striving for. Yet it is worth noting that the majority of work experience is only a good thing.

How to manage confrontation in the workplace

So how can you be assertive, and build your professional reputation, whilst heading off aggression and confrontation at work?

Creating a basic macro

An Excel macro is, at its simplest, a set of several actions that can be combined into one command.

Stress management, healthy eating and your performance at work

Stress is one of the biggest challenges to modern businesses and one of the most common reasons for workplace absences. As an employee, there are also things you can do, to maximise your performance and productivity, helping you to keep on top of your workload.

Things you learn when you become a father

Yesterday was Father's Day in the UK and US. Accounting Technician magazine editor Mark Rowland reveals what he has learned since becoming a father.

Pound, dollar, yen… what is the origin of the currency name?

Have you ever stopped to wonder what the origin of the currency name is? We explore how some of the world’s major currencies got their names.

Earning potential with AAT

What sectors, areas and positions are best for earning potential?

Expenses and benefits matched by allowable deductions

This Tolley Guidance note sets out the detail of the new exemption for expenses and benefits matched by allowable deductions introduced for 2016/17 onwards.

7 steps to take after redundancy

When it comes to upsetting and stressful scenarios, being made redundant is up there with divorce, bereavement and moving house. So what can you do to help cushion the blow and move on?

AAT Annual Conference 2016 podcast

For those of you who could not attend, we have put together insight from key note speakers, exhibitors, delegates and AAT staff members in a podcast that will educate, entertain and inspire.

How to reply when a client says, “you’re too expensive”

When your prospective client says you’re too expensive, here’s exactly what to say to them. Plus, three things you can do now to avoid the money objection all together.

7 essential insights from the AAT Annual Conference

The AAT Annual Conference looked at innovation in accountancy and what members can do to keep up with the pace. Here are some of the trends and lessons that we picked up at the event.

How to choose and apply for the right work experience

Work experience can ultimately lead to bigger things, such as your first full-time job in accountancy and finance. In this article, we go over how to choose and apply for the position that's right for you.

How to eat well at work events

If you attend a lot of events for work or professional development you'll know how hard it is to resist platter after platter of canapes and alcohol. Follow these tips for healthy eating at your next event.

Euro 2016: AAT predict the potential winner

Ahead of the start of the Euro 2016 tournament, AAT calculated the value of all the national team squads taking part to see whether squad values could be used to predict the tournament’s winner.

CPD: A necessary evil or an offer you can’t refuse?

There is no getting away from continuing professional development for those in accountancy and the wider finance industry. But are all those hours worthwhile?

Leading when you’re not the boss

It’s a myth that leaders are born not made; leadership skills can be learnt. Nor is it essential to be in a position of authority to influence people positively. Here's how you can lead when you're not yet the boss.

Ramadan and the workplace

As fasting European Muslims face their toughest Ramadan in 30 years, employers and HR experts offer tips on how to help Muslim staff through the working day.

Labour and material variances – Level 4 study tips

As an Accounting Technician you will be expected to have the ability to interpret the results for labour and material variances and what they mean.

27 Twitter accounts to help you land your dream job

Here are 27 useful accounts that will help you build your commercial awareness and industry knowledge.

Do you need to develop a personal brand at work?

Why a personal brand sets you apart.

FRS 105: Assessing the suitability

FRS 105 is mandatory for accounting periods which start on or after 1 January 2016, although early adoption is permissible. AAT Licensed Accountants should ensure that they consider the suitability of FRS 105 to their micro-entity clients on a case-by-case basis.

How to shine whilst working your notice period

Once you have secured a new job, you might want to gallop off to the sunset, yelling out ‘hasta la vista’ to all your former colleagues. But working your notice period could actually be a perfect opportunity to leave a dazzling, lasting impression.

With the diamond industry close to extinction, what’s next for Botswana?

Diamonds contribute 40% of Botswana's revenue. But with experts predicting that the resource may last no more than 20 years, the worry is that when the shimmer of diamonds dies out, so will the economy.

What Richard Branson looks for in an employee

Want to work for one of the most successful entrepreneurs of our age? Here’s what Richard Branson looks for in an employee.

15 ways to find your first paying clients

Starting your own accounting or bookkeeping business and need to find your first paying clients? Work your way through these 15 tried and tested methods.

Career change success stories

Many people think it’s too late to change career in their 40's according to a recent study by AAT. But plenty of people do take the plunge and go on to have very successful and fulfilling careers. Here are a few examples of people who did just that.

Vision meets Saudi reality

The bold ideas in "Saudi Vision 2030" will propel Saudi Arabia's population into a post-oil future by cutting government subsidies and boosting the private sector. Can this vision succeed when Saudi Arabia's neighbours have so often failed?

How to speak up in meetings

Don’t know how to speak up in meetings and scared about what people will think of you? Follow our tips to build your confidence and speak your mind.

Impairment of assets

One of the underlying principles in financial reporting is that assets should not be carried in the balance sheet (statement of financial position) in excess of recoverable amount.  Essentially this means considering whether the carrying value of assets are materially different than what the reporting entity could realistically receive for those assets. Standards were introduced... Read more »

The key skills student accountants need in the workplace

The six assets you need to be successful in a financial role.

Needs an accountant: Why Illinois wrote IOUs to lottery winners

Due to a state budget gridlock, Illinois Lottery winners of more than $600 will only receive an IOU.

Apprentices have a great deal to offer the UK’s 5.4 million small businesses

If apprenticeships are going to hit heady heights in the future, they are undoubtedly going to need the support of small and medium-sized enterprises.

New graphs in Excel 2016

Six new graphs have been released in Excel. We have a look at what they offer users.

How bookkeeping helped me become my own boss

Four bookkeepers reveal how the profession has allowed them to create vibrant, diverse businesses.

How accountants can protect themselves from cybercrime

Whilst the majority of accountants are unlikely to ever be IT savvy enough to fully understand the intricacies of how cyber attacks work, and be one step ahead of the hackers, they do have a duty of care to safeguard the digital assets and intellectual property of their own, as well as clients data.

Leicester City FC’s win means big money

With a team that cost just a quarter of other major football teams, Leicester City FC winning the Premier League for the first time in its 132-year history is a phenomenal achievement. Besides the feel-good feeling of winning, the financial benefits of coming out on top are important: both for Leicester City FC and for the city of Leicester itself.

Meet the apprentice who built a new life with €80

Hard work and determination have paid off for AAT's Apprentice of the Year Johnny Javier Morales Solórzano.

3 accounting qualifications in 7 months

Maintaining momentum was the key to Jessica's success.

Why this student is racing up the career ladder

AAT's Distance Learner of the year, Thomas Brinsley, uses his five-hour commute to get ahead.

Recruitment horror stories

The following ‘horror stories’ are genuine accounts from financial recruitment experts and while the lessons from these tales are clear, you’d be tempting fate to think they’d never happen to you.

FRS 102: Your thoughts please

The Financial Reporting Council (FRC) are keen to receive your feedback on the implementation of the standard.

Calculating net present value

Ever wonder whether you should invest in a friend’s business idea? We bring you a simple lesson in the mysterious formula against which businesses are evaluated.