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	<title>News &#8211; The Balancing Act</title>
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		<title>When we met Sebastian Coe… lessons learned</title>
		<link>https://thebalancingactedu.co.uk/news/when-we-met-sebastian-coe/</link>
					<comments>https://thebalancingactedu.co.uk/news/when-we-met-sebastian-coe/#respond</comments>
		
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		<pubDate>Tue, 05 Apr 2022 15:22:30 +0000</pubDate>
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										<content:encoded><![CDATA[<div id='av_section_1'  class='avia-section av-18dkm2-a7d7156b7fe98db12a0a5bde2b151e47 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role="main" itemprop="mainContentOfPage" itemscope="itemscope" itemtype="https://schema.org/Blog"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
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<h3 class="grey-text" style="text-align: center;">The lessons I learned from Sebastian Coe</h3>
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<div  class='avia-image-container av-l1m6lrh0-817e5561cf5fed8a641fa7800fe0f262 av-styling- avia-align-center  avia-builder-el-4  avia-builder-el-no-sibling '   itemprop="image" itemscope="itemscope" itemtype="https://schema.org/ImageObject" ><div class="avia-image-container-inner"><div class="avia-image-overlay-wrap"><img decoding="async" class='wp-image-456 avia-img-lazy-loading-not-456 avia_image ' src="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/BLOG-Prue-Simon-with-Sebastian-Coe-Cropped.jpg" alt='Sebastian Coe' title='BLOG-Prue-Simon-with-Sebastian-Coe-Cropped'  height="198" width="244"  itemprop="thumbnailUrl"  /></div></div></div></div><div class='flex_column av-agld6-258419d9c510ad83efef3db48d5f3e2c av_three_fourth  avia-builder-el-5  el_after_av_one_fourth  avia-builder-el-last  flex_column_div '     ><section  class='av_textblock_section av-l1m6musu-92909f6b01b654697dfc12f967d0fa04'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Simon and I were super privileged to have met Lord Coe (Sebastian Coe, or simply Seb Coe) a few days ago and my goodness, what insights he had for us all – whatever your walk of life, there were lessons in abundance for everyone.</h3>
<p>We regularly attend events run by the Entrepreneurs Circle in Birmingham (we have been members for about 5 years now) and this year, they have a line up of 4 ‘Celebrity Masterclasses’ and Sebastian Coe was the first of these.</p>
</div></section></div></div></div></div><!-- close content main div --></div></div><div id='av_section_3'  class='avia-section av-3qtnu-4bd3dcafa2d101da05abb700a526b645 main_color avia-section-default avia-no-border-styling  avia-builder-el-7  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<div class='flex_column av-kmkiq-eebf91a5a6dfb61a27628b81a3148f74 av_two_third  avia-builder-el-8  el_before_av_one_third  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-hg9ju-cb0fd7c0feeadc341b305fb3adf1c84f'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><p>Arriving on stage, it was hard to believe Sebastian Coe was 62! He looked years younger and was clearly very lean, fit and trim. He told us that even now, he stills trains (running and condition training) and that the health of the nation is very dear to his heart.</p>
<p>For those too young to remember, Sebastian Coe won 2 Olympic gold medals back in 1980 (Moscow) and 1984 (Los Angeles) for the 1,500 metres. He also won 2 Olympic silver medals for the 800 metres in each of those years. Additionally, he set eight outdoor and three indoor world records in middle-distance track events.</p>
<p>Following his retirement from athletics, he became an MP for the Conservative Party from 1992 to 1997 for Falmouth in Cornwall and became a Life Peer in 2000.</p>
<p>More recently, we obviously know Sebastian Coe for his role (Chairman of LOCOG) in heading up London’s successful bid to host the 2012 Summer Olympics (he told us that we had only beaten Paris to it by 4 votes!)</p>
<p>And what a fabulous Olympic Games is was – Simon and I were fortunate enough to secure tickets to see Usain Bolt winning the 200-metre gold medal! We both agreed that the day had been one of the most memorable of our lives. During the 7-year planning process, it was clear that every minuscule detail had been thoroughly thought through, right from the Olympics iced lollies handed out by the amazing volunteers when we arrived at Waterloo Underground station through to the end of the day when we reluctantly had to leave it all behind us. Everything was just so very wonderfully organised.</p>
<p>In terms of how the 2012 Olympics came to be, Sebastian Coe had many points to make (too numerous to cover all of them here), however, here are some highlights that we can all learn from:</p>
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<div class='flex_column av-l1m6tmj0-4ecccd89e38641383b0afc147914be7c av_two_third  avia-builder-el-13  el_after_av_one_third  el_before_av_one_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m6snxi-8e0c6f1aaeadfeb65642f71738eb00d6'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Vision and the ‘Why’</h3>
<p>To plan anything at all (and this could apply to something like getting started on a career in accounting), you MUST have a very good ‘Why’. Why are you considering whatever it is you want to do or be? If the ‘why’ is strong enough, you will be able to tackle the ‘How’. For the Olympic Committee, it was “to inspire a new generation”.</p>
<p>In terms of planning for the Olympics, there were hundreds and hundreds of things to organise, but one example Sebastian Coe gave was the recruitment process for the volunteers. From all walks of life, they had 500,000 applications which they reduced down to 100,000 purely by reviewing CVs (have you been watching our CV Tips videos on Facebook?!) With ‘forensic detail’ they interviewed all 100,000, tested them, tested them again, re-tested (you get the picture) until they arrived at their goal of 70,000. Then the induction process began….</p>
<h3>Are you used to success?</h3>
<p>There were doubts within the Olympic committee in terms of whether they thought they would win the bid (going by past experiences).</p>
<p>Sebastian Coe said that vision was absolutely key and that he was always trying to convince people that they could win the bid. It really helps of course, if you are able to articulate that vision clearly! And Seb was incredibly articulate!</p>
<p>Lack of confidence is something that can affect all of us, but just because we might not have achieved something in the past, doesn’t mean to say that we can’t achieve it in the future.</p>
<h3>Remove all inhibitors:</h3>
<p>In other words, think about absolutely everything that could possibly go wrong and then have multiple back up plans. This could probably apply to just about everything we all do!</p>
<h3>Build good relationships:</h3>
<p>Good working relationships with people are great mitigators against risk. For example, if you have taken the trouble to foster good relationships, people are more likely to help you out if things go pear-shaped – and, it feels great being able to reciprocate.</p>
<h3>Communication:</h3>
<p>Always treat people with maturity and respect – always be totally honest and put your hands up if you get something wrong.<br />
People are much more forgiving if we are able to admit to messing up on something.</p>
<h3>And a few other tips…</h3>
<p>Don’t ever ask anyone to do something that you wouldn’t do yourself.</p>
<p>Don’t ever lose sight of the most important things. What is important to you?</p>
<p>And finally, wake up every morning wanting to be better than before – something we should all aspire to!</p>
<p>Sebastian Coe came back to VISION, time and time again – he said that VISION is the North Star, it’s the guiding compass that we all follow.</p>
<p>Seb was really down-to-earth, relaxed, honest, witty and truly inspirational. He was also incredibly modest!</p>
<p>To achieve everything he has done requires huge vision, determination and lots of really hard work.</p>
<p>Think about what we could all achieve if we all had just a small slice of that!</p>
<p>If you would like a trip down memory lane to see Seb Coe winning his first Olympic Gold medal at the 1980 Moscow Olympics, you can view it <strong><a href="https://www.youtube.com/watch?v=FFVt7_HdgLM" target="_blank" rel="noopener">here</a></strong></p>
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		<title>Breaking Down the Biggest Barrier</title>
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		<pubDate>Tue, 05 Apr 2022 15:09:51 +0000</pubDate>
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		<guid isPermaLink="false">https://thebalancingactedu.co.uk/?p=445</guid>

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										<content:encoded><![CDATA[<div id='av_section_6'  class='avia-section av-18dkm2-a7d7156b7fe98db12a0a5bde2b151e47 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role="main" itemprop="mainContentOfPage" itemscope="itemscope" itemtype="https://schema.org/Blog"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<section  class='av_textblock_section av-l1m6fi6s-1d8d2dea05e42b49438c39ff73032c36'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h1 style="text-align: center;">Breaking Down the Biggest Barrier</h1>
<h3 class="grey-text" style="text-align: center;">How self-belief can change your outlook</h3>
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<p>Many years ago, when I was a new and inexperienced teacher, I learned a lesson about students that has never left me. A colleague used to tell me about one of his Level 2 students, we’ll call her Millie. Each week my colleague used to shake his head about Millie because she was finding the course so difficult. She never gave up, but he was afraid that she would not be able to pass the course. He was surprised but delighted when she did pass the Level 2 course and progressed to Level 3. The situation was repeated at this level, with my colleague regularly shaking his head but Millie continuing to struggle her way through the course. Again, we were surprised and delighted when she passed Level 3.</p>
<p>Millie progressed to Level 4 and everything changed. My colleague never had to shake his head. Millie blossomed. Her confidence soared and she sailed through every exam. Why? Why was this same struggling student so different at Level 4?</p>
<p>What I learned from Millie was one of the most important lessons that any student can learn. The biggest barrier to your success is you!  This is what Henry Ford is talking about in the quote at the start of this article.  If you have self-belief, like Millie at Level 4, you can move mountains.  Millie had completed two levels of the AAT qualification successfully. She had passed exams, she had completed skills tests, she had proved, to herself and to the world at large, that she was a competent accountant. This knowledge unlocked something inside her and gave her the freedom to succeed. This may sound unlikely but I have seen it so many times that I know it is the truth. A lack of self belief, self esteem, self confidence, call it what you wish, acts like a ball and chain around your ankles, stopping you from moving forward.</p>
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<div class='flex_column av-kmkiq-eebf91a5a6dfb61a27628b81a3148f74 av_one_full  avia-builder-el-8  el_before_av_two_third  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-hg9ju-cb0fd7c0feeadc341b305fb3adf1c84f'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><p>This lack of self-belief arises in many ways. Perhaps it comes from struggles at school, or doubting family members, or bullying, even discrimination. Wherever it comes from, it is very hard to recognise and very hard to let go.</p>
<p>It is extremely common for adult students to ‘do themselves down’.  They both expect and dread to fail, because they have felt like failures, or been made to feel so, at other times in their lives.  But is failure so bad?  Yes, if it is seen as a final outcome and all that a student is capable of.  No, if it is seen as part of a process of learning that can lead to improvement and success.   To quote Henry Ford again (he said some good stuff) ‘Failure is simply the opportunity to begin again, this time more intelligently’.</p>
<p>If you have self-belief, you have the resilience to move past failure.  Sir James Dyson famously produced over 5,000 prototypes before he arrived at his cyclone vacuum cleaner.  Clearly, he had both self-belief and resilience.  So, here are some ways to develop self-belief.</p>
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<div class='flex_column av-l1m6tmj0-4ecccd89e38641383b0afc147914be7c av_two_third  avia-builder-el-10  el_after_av_one_full  el_before_av_one_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m6snxi-8e0c6f1aaeadfeb65642f71738eb00d6'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Recognise that mistakes are helpful</h3>
<p>If you make a mistake and put it right, you remember the lesson much more than getting everything right first time.</p>
<h3>Recognise that self-belief can be learned</h3>
<p>When you were asked as a small child what you wanted to do when you grew up, you could do anything!  Doctor, astronaut, teacher, firefighter – anything!  Try to put aside the restrictions you have placed on yourself and work out why they are there.</p>
<h3>Set ambitious but realistic goals</h3>
<p>The key word here is ‘realistic’.  If you try to achieve too much in one go, you are far less likely to succeed, reinforcing the idea that you are a failure and further knocking your self-belief.  Work out your ultimate goal – for example, to become an AAT Member in Practice.  Then set a series of smaller goals or targets that will lead you to your final big goal.  For example, enrol on Level 2 course, pass my Bookkeeping Transactions with a grade of at least 90%.  Each small goal is just as important as your final goal but should be easier to achieve.  Don’t be afraid to review and change your goals.  Perhaps you decide that instead of becoming a member in practice, you want to go on to become a chartered accountant.  Great, but don’t forget to keep setting lots of small but ambitious  targets to get you to your new end point.</p>
<h3>Recognise your achievements</h3>
<p>Don’t be afraid to be proud of your strengths.  If you are good at something, recognise it in yourself.  Equally, identify your weaknesses and think about how you can improve them.  If you achieve something, celebrate it.  Passing an AAT exam is a big deal.  The vast majority of the population is in awe of anyone who understands finance and you have proved that you do!  So reward yourself (chocolate ice-cream works for me!)</p>
<h3>Stop comparing yourself to others</h3>
<p>We have all met people who seem to be good at everything, those who sail through life passing exams with just 10 minutes revision, winning the 100 metres in the school sports day, getting a First at university.  If you try to compare yourself to them, you will just end up feeling bad about yourself.  So don’t compare yourself to others, compare yourself to yourself.  What can you do now that you couldn’t do a year ago?  I recently had a go at knitting a lace scarf for the first time.  I found the easiest pattern I could, but lace is difficult to knit and I had to undo it several times.  In the end I got there, having learned a lot about how to knit lace from the repeated undoing (see first point above).  I can now do something that I couldn’t do a year ago.  What about you?</p>
<h3>Build your skills</h3>
<p>To succeed in life we need skills.  These will include skills gained from learning, such as an AAT qualification and personal, or ‘soft’ skills, such as the ability to communicate clearly on the phone.  Try to identify the skills you need now and think you will need in the future and then work at strengthening the weaker skills.  Strong skills will increase your confidence and self-belief, building your skills through your career and life.</p>
<p>The lesson I learned from Millie all those years ago was, never under-estimate students and never  make assumptions about their future success, or lack of it.  We all learn in different ways, at different paces, and with different obstacles in our way.  Having self- belief allows us to overcome obstacles, allowing us to unlock those chains round our ankles and finally achieving our full potential.</p>
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<p style="text-align: left;"><strong> – Henry Ford (inventor of the first mass-produced car).</strong></p>
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		<dc:creator><![CDATA[taa_dev]]></dc:creator>
		<pubDate>Tue, 05 Apr 2022 14:45:50 +0000</pubDate>
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										<content:encoded><![CDATA[<div id='av_section_11'  class='avia-section av-18dkm2-a7d7156b7fe98db12a0a5bde2b151e47 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role="main" itemprop="mainContentOfPage" itemscope="itemscope" itemtype="https://schema.org/Blog"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<section  class='av_textblock_section av-l1m6fi6s-1d8d2dea05e42b49438c39ff73032c36'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h1 style="text-align: center;">Leadership, Teamwork, Camaraderie…</h1>
<h3 class="grey-text" style="text-align: center;">A beautiful day&#8217;s sailing</h3>
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<p>It was with some trepidation that I accepted a kind offer (from a supplier and fellow Entrepreneurs Circle member) to go out for a day sailing in Southampton. Having only been used to sailing on cruise liners (and a very bumpy trip to Lundy where I ended up being seasick), I really had no idea what to expect.</p>
<p>Ashley (from Jumpworks) told me that we would be sailing around The Solent on a 40ft yacht and that all we would need to bring was warm clothing and sensible shoes. He did ask for chest sizes regarding the team polo shirts we would be wearing and at this point, I should probably have asked a few more questions – why would we be needing team T-shirts?!</p>
<p>As a ‘free space’ had come up, Simon also joined me for the trip to Southampton. We met up with Ashley and our other sailing comrades at the swish Harbour Hotel for a lovely dinner and overnight stay. During the evening, I asked Ashley who would be sailing the yacht and he replied “We will”. Oops. I suddenly started to get a touch nervous…</p>
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<div class='flex_column av-kmkiq-eebf91a5a6dfb61a27628b81a3148f74 av_three_fifth  avia-builder-el-8  el_before_av_two_fifth  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-hg9ju-cb0fd7c0feeadc341b305fb3adf1c84f'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><p><strong>The day dawned (beautiful blue skies and a full sun) and after a breakfast of bacon baps we were introduced to our Skipper (Tom) and 1st Mate (Paul) who led us to our sailing yacht.</strong></p>
<p>Tom explained that this was the Southampton Sailing Week Regatta and that we would be taking part in 3 races (yikes!) Tom asked each of us (10 in total) to introduce ourselves, describe any previous experience we had and explain what we wanted to get out of the day.</p>
<p>For me, it was absolutely ‘zero’ experience and I somewhat nervously said that I wished to enjoy the day… Thankfully, about 6 people had prior experience, some had a lot of experience.</p>
<p>Tom then chatted through some ‘sailing terminology’ before allocating tasks to individuals and demonstrating what each of these jobs entailed. We then spent the next hour practicing, the key task being ‘tacking’ (creating a zigzag course to achieve a net upwind direction).</p>
<p>With no prior experience (also I think, because I was the smallest and lightest person on the boat), I only had to deal with stowing away the spinnaker (a large downward sail or in layman’s terms, the triangular sail at the front of the boat). I also got some of the ‘overflow’ tasks such as tidying away various ropes or helping to put weight on a particular side of the boat when we needed more ballast (not that my weight helped much!) Being quite cramped on the boat, I felt it was quite an achievement if I managed to avoid tripping over a rope and didn’t get in the way of what other people were doing! In truth, I would like to have been given more to do.</p>
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<p>There were 12 boats in total. Skipper Tom told us that we should have a reasonable chance of doing well, although there was one boat that had just had its hull cleaned, so it had an advantage over all the other boats whose hulls were covered in barnacles and other detritus. We all just wanted to make sure we didn’t come last – middle of the pack would be acceptable to us.</p>
<p>All the boats lined up at the start as best they could and then we were off!</p>
<p>Throughout the race, Tom gave clear commands to the team on exactly what needed doing. He would praise us when a good ‘tack’ had been completed but did not raise his voice when we mucked it up. I can’t remember all the terminology but we were kept very busy for the full duration of the race and the time just swept by. Tom and Paul would constantly be looking at the sea, the sky and the sails to see what adjustments were needed. The spinnaker sail was put up and brought down at every available opportunity, someone was kept on ‘trimming’ duty (small adjustments made to the sails to maximise efficiency) and someone stood up against the boom to keep it extended as far as it would go. There was lots of ‘we need ballast on the port (or starboard) side’ so we would help each other to the relevant side of the boat with our legs dangling over the edge close to the water.</p>
<p>It was absolutely exhilarating, especially so when we passed other boats who weren’t faring as well – we noted that there wasn’t an awful lot of activity on some of the boats and we heard a lot of yelling and shouting on a few of them – none on ours!</p>
<p>As we closed in on the final marker, we were thrilled to be in first place but you guessed it, we ended up being beaten by the ‘clean hull’ boat.</p>
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<div class='flex_column av-qmdvg-756804a2c99c30cd5b6ef7db09646011 av_three_fifth  avia-builder-el-19  el_before_av_two_fifth  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-l1m9ev4d-6bbe53fdea730c0e86176043e7503a85'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><p>After a quick packed lunch on the boat, we prepared ourselves for the next two races. These were equally as thrilling – during the last race, the wind finally picked up and with the spinnaker sail billowing, we headed into the final straight. There was one scary moment when we were trying to get the spinnaker down and avoid it going into the water and the boat felt close to keeling over (I was assured it wouldn’t have!) Finally the team managed to get the sail in (some of it getting wet) but not before a rope hook flicked up and hit a team member on the head. A tea-towel was used to mop away the blood and thankfully it was found to be just a superficial wound.</p>
<p>In both of the afternoon races we again came second, with ‘clean hull’ finishing first.</p>
<p>After tidying everything away and departing from the boat, it was time for the awards back at the hotel, a very well deserved pint!</p>
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<ol>
<li><strong>Leadership:</strong> without doubt, we would not have achieved second place in each of those races had we not had a brilliant skipper. He had allocated tasks that matched people’s abilities and during the races, he gave very clear, concise instructions in terms of what needed to be done. Each team member had the deepest respect for his knowledge, skills and leadership. Everyone did their best for him. (Tom was particularly chuffed that we had beaten a skipper with whom he had a friendly rivalry – the latter usually ended up beating Tom!)</li>
<li><strong>Teamwork:</strong> As the day went on, we all continued improving our skills and would instinctively help each other out with a task as needed – even if it was just a helping hand to quickly get across the other side of the boat.Each person had a role to play and if one person wasn’t doing their bit, this would impact on what one or more other people were doing. The success of each race was dependent on everyone carrying out their tasks with as much skill and focus as they could muster, and in unison with other team members as needed (e.g. tacking and trimming) – much like a well oiled clock mechanism.</li>
<li><strong>Camaraderie:</strong> At the outset, most of us simply wanted to enjoy the overall sailing experience. One or two people were simply ‘dragged along’ and a couple were nervous about getting hurt.However, during the day, we got to know each other well and the true enjoyment came from feeling very much part of a team who, (once the racing began) shared a common goal. We were all striving for the same outcome – to do the best we possibly could. We all wanted to do our bit and didn’t want to do anything that would let the rest of the team down.We became friends and it felt good.</li>
</ol>
<p>Despite some misgivings by some at the beginning of the day, all of us agreed that it had been a truly wonderful day and we all expressed similar reasons for it being so.</p>
<p>When Ashley asked if any of us would be up for the same thing again next year, there was a resounding shout of “Yes, you bet”.</p>
<p>P.S. If this all sounds tempting, you can read more about next year’s Southampton boat show and sailing regatta <a href="https://www.southamptonboatshow.com/brand-new-sailing-regatta-to-run-alongside-theyachtmarket-com-southampton-boat-show/" target="_blank" rel="noopener noreferrer">here</a>.</p>
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		<title>Using a bookkeeping aptitude test for recruitment?</title>
		<link>https://thebalancingactedu.co.uk/news/bookkeeping-aptitude-test/</link>
					<comments>https://thebalancingactedu.co.uk/news/bookkeeping-aptitude-test/#respond</comments>
		
		<dc:creator><![CDATA[taa_dev]]></dc:creator>
		<pubDate>Tue, 05 Apr 2022 14:38:05 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://thebalancingactedu.co.uk/?p=415</guid>

					<description><![CDATA[]]></description>
										<content:encoded><![CDATA[<div id='av_section_18'  class='avia-section av-18dkm2-a7d7156b7fe98db12a0a5bde2b151e47 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role="main" itemprop="mainContentOfPage" itemscope="itemscope" itemtype="https://schema.org/Blog"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<section  class='av_textblock_section av-l1m6fi6s-1d8d2dea05e42b49438c39ff73032c36'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h1 style="text-align: center;">Using a bookkeeping aptitude test for recruitment?</h1>
<h3 class="grey-text" style="text-align: center;">Get the right candidates in place</h3>
</div></section>

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<p>A number of our clients use our bookkeeping induction self-study course, <a href="https://thebalancingactedu.co.uk/">The Balancing Act</a>, as an integral part of their induction training.</p>
<p>This can be a really effective way of getting new staff up to speed and chargeable really quickly and without needing to tie up loads of expensive senior time providing the training.</p>
<p>There is a comprehensive bookkeeping aptitude test at the end of The Balancing Act, for which we provide the employer the answers and marking scheme, so they can assess competence against their own minimum benchmark.</p>
<p>They can then make a decision as to whether they think their new recruit will “cut the mustard” and be successful in their appointed role.</p>
<p>Some firms require their recruits to complete the programme, full time, over their first 5 to 7 days in the office; some in their own time over a 3 month probationary period. In terms of being an effective “induction” and “getting new staff up to speed” tool we feel that the shorter programme is more effective.</p>
</div></section></div></div></div></div><!-- close content main div --></div></div><div id='av_section_20'  class='avia-section av-3qtnu-4bd3dcafa2d101da05abb700a526b645 main_color avia-section-default avia-no-border-styling  avia-builder-el-7  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<div class='flex_column av-kmkiq-eebf91a5a6dfb61a27628b81a3148f74 av_one_full  avia-builder-el-8  el_before_av_two_third  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-hg9ju-cb0fd7c0feeadc341b305fb3adf1c84f'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Introducing a Pre-recruitment Bookkeeping Test</h3>
<p><em><strong>However</strong></em>……this still takes time and can mean that you might have to find a replacement candidate if the one you recruited didn’t perform well. And by the time you do this, you have probably already turned down your 2nd choice candidate and it might be difficult to find another as it is too late in the year.</p>
<p>Hence, one of our clients recently asked us if we could provide a pre-recruitment bookkeeping aptitude test for a candidate that they were interviewing the following week.</p>
<p>What a good idea.</p>
<p>The answer was therefore a resounding <strong>“Yes”!!</strong></p>
<p>We’re now delighted to launch our new online <strong>‘Bookkeeping Aptitude Test’</strong> (BAT).</p>
<p>The BAT aims to take the sting out of accountancy recruitment, enabling you to screen out those candidates who, with the best will in the world, are never going to make it as an accountant.</p>
<p>For some time we have provided pre-recruitment DISC profiling support and the BAT is a natural progression from this.</p>
</div></section></div>
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<div class='flex_column av-l1m6tmj0-4ecccd89e38641383b0afc147914be7c av_two_third  avia-builder-el-10  el_after_av_one_full  el_before_av_one_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m8wqjn-c58aaf23bdf11b30364989a340a3a819'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>How the Bookkeeping Aptitude test works:</h3>
<p>1. We have created a separate mini course and a pre-recruitment aptitude test, using our online Learning Management System (LMS), Moodle. It is the same system we use for our Balancing Act course. Your recruiting partner(s) is given ‘admin access’ to the LMS for your firm.</p>
<p>2. You enrol your candidate onto the bookkeeping aptitude test (BAT), send them a link, and ask them to complete the training and submit the end-of-course test at least a day before the interview.</p>
<p>3. Candidates have to answer a series of questions covering the following bookkeeping areas: Preparing journals for posting to the General Ledge</p>
<ul>
<li>Completing the postings to the General Ledger T-Accounts</li>
<li>Balancing off the General Ledger Accounts and transferring the balances to the Trial Balance, balancing the Trial Balance (hopefully!!)</li>
<li>Answering some questions on debits and credits</li>
<li>Posting amounts to the Bank a/c in the General Ledger and balancing it off</li>
<li>Answering some questions on categorisation of certain account items</li>
</ul>
<p>4. The recruiting partners can view the course online and in particular the candidate’s activity log, so they can see the level of activity on each part of the course the candidate has worked on. After the candidate has submitted their answers, they also have access to the answers and a marking scheme to allow them to mark it.</p>
<p>5. The bookkeeping aptitude test (BAT) results can then be discussed with the candidate during the interview, before deciding whether to offer them a place or not.</p>
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<section  class='av_textblock_section av-l1m6t3yz-c55a92014a7fe62ffa2fec028048340a'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><p style="text-align: left;">Example of an interactive learning slide (with voiceover) on Moodle (all fully responsive on mobile devices)</p>
</div></section></p></div><div class='flex_column av-brg3e-8957d969f32e1d6460436b10a4dff5d1 av_one_full  avia-builder-el-15  el_after_av_one_third  el_before_av_one_half  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m8frt0-9f177885838d9c97e2e5f427c078130e'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>The bookkeeping aptitude test (BAT) in Action</h3>
<p>In a recent live trial of this new online course, the candidate submitted their Test to the accountancy firm in plenty of time for the recruiting partner to mark it prior to interview. The activity logs showed that she had worked through the course a couple of times and had been really active on it.</p>
<p>She was enrolled onto the bookkeeping aptitude test (BAT) course on the Monday and she submitted the Test on Wednesday. She achieved over <strong>90%</strong> and interviewed really well. She has been offered the job and will be starting work at the beginning of April. The BAT provided lots of confidence that the candidate didn’t just <strong>“interview well”</strong>, but had the <strong>aptitude</strong> for the accounting role being offered. Their first week will be spent completing The Balancing Act course, with the aim that she can become fully <strong>chargeable</strong> on completion of this course.</p>
<p>When speaking to other clients, this bookkeeping aptitude test (BAT) course could be used either before the 1st interview or in between the 1st and 2nd interviews.</p>
<p>We have also set up separate admin access for the firm’s students on The Balancing Act course so they can also <strong>monitor</strong> their <strong>progress</strong> and <strong>activity</strong> on this also.</p>
</div></section><br />

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<p>Our new online Bookkeeping Aptitude Test costs just £15 + VAT per enrolled candidate in order to cover the administration involved.</p>
<p>However, we will refund / waive this for those who subsequently purchase The Balancing Act for the candidate or who enrol them on an Apprenticeship with us. For those Apprentices enrolling immediately after recruitment, we can incorporate The Balancing Act course as part of their Apprenticeship.</p>
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<p>If you are interested in discussing how this can be best used for your own needs, please contact:</p>
<p>Simon Deane at <strong><a href="mailto:simon@accountancylearning.ac.uk">simon@accountancylearning.ac.uk</a> </strong>or on <strong>01392 435349</strong></p>
</div></section><br />
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</p>
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		<title>Lockdown doesn’t need to mean shutdown</title>
		<link>https://thebalancingactedu.co.uk/news/lockdown-doesnt-mean-shutdown/</link>
					<comments>https://thebalancingactedu.co.uk/news/lockdown-doesnt-mean-shutdown/#respond</comments>
		
		<dc:creator><![CDATA[taa_dev]]></dc:creator>
		<pubDate>Tue, 05 Apr 2022 14:13:50 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://thebalancingactedu.co.uk/?p=395</guid>

					<description><![CDATA[]]></description>
										<content:encoded><![CDATA[<div id='av_section_23'  class='avia-section av-18dkm2-a7d7156b7fe98db12a0a5bde2b151e47 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role="main" itemprop="mainContentOfPage" itemscope="itemscope" itemtype="https://schema.org/Blog"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<section  class='av_textblock_section av-l1m6fi6s-1d8d2dea05e42b49438c39ff73032c36'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h1 style="text-align: center;">Lockdown doesn’t need to mean shutdown</h1>
<h3 class="grey-text" style="text-align: center;">Lockdown doesn’t need to mean shutdown or stop!</h3>
</div></section>

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<div  class='avia-image-container av-l1m6lrh0-86e23315e3863fdcfbe716b9c5f9da4c av-styling- avia-align-center  avia-builder-el-4  avia-builder-el-no-sibling '   itemprop="image" itemscope="itemscope" itemtype="https://schema.org/ImageObject" ><div class="avia-image-container-inner"><div class="avia-image-overlay-wrap"><img decoding="async" class='wp-image-396 avia-img-lazy-loading-not-396 avia_image ' src="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Featured-image-1.jpg" alt='Lockdown' title='Featured-image-1'  height="543" width="814"  itemprop="thumbnailUrl" srcset="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Featured-image-1.jpg 814w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Featured-image-1-300x200.jpg 300w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Featured-image-1-768x512.jpg 768w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Featured-image-1-705x470.jpg 705w" sizes="(max-width: 814px) 100vw, 814px" /></div></div></div></div><div class='flex_column av-agld6-258419d9c510ad83efef3db48d5f3e2c av_one_half  avia-builder-el-5  el_after_av_one_half  avia-builder-el-last  flex_column_div '     ><section  class='av_textblock_section av-l1m6musu-92909f6b01b654697dfc12f967d0fa04'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>When lockdown was announced, we thought “Eek – is business going to dry up and will we need to furlough most of the team?!?”</h3>
<p>The answer to those questions were:</p>
<p><strong>No</strong><br />
<strong>and</strong><br />
<strong>No!!</strong></p>
<p>We have not had to furlough any of our team – and this is despite two members of staff returning from maternity leave and retaining those recruited to cover them.</p>
<p><strong>In terms of the various arms of our business:</strong></p>
</div></section></div>

</div></div></div><!-- close content main div --></div></div><div id='av_section_25'  class='avia-section av-3qtnu-4bd3dcafa2d101da05abb700a526b645 main_color avia-section-default avia-no-border-styling  avia-builder-el-7  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<div class='flex_column av-kmkiq-eebf91a5a6dfb61a27628b81a3148f74 av_one_full  avia-builder-el-8  el_before_av_one_full  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-hg9ju-cb0fd7c0feeadc341b305fb3adf1c84f'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Distance Learning:</h3>
<p>April was the best April that we have ever had! April to June are traditionally quiet months for <a href="https://www.accountancylearning.co.uk/" target="_blank" rel="noopener">distance learning</a>, leading up to a normally busy summer period. However, the requirement for many to work from home or to be furloughed has provided individuals an opportunity to review their career plans, with many deciding to take the plunge and start the accountancy/bookkeeping career that they had long hankered after. The majority of these enrolments have been individuals paying for the course themselves during the lockdown. In January, before the crisis hit, we had a lot of employers paying for their staff to be enrolled. Because our distance learning courses are delivered online and with telephone and email support, training has not been encumbered by the restrictions of lockdown at all.</p>
</div></section><br />

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<div  class='hr av-l1m8d5hi-3d8c38a75508e321cd628760c5a8594e hr-invisible  avia-builder-el-10  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class="hr-inner-style"></span></span></div><br />
<section  class='av_textblock_section av-l1m6snxi-8e0c6f1aaeadfeb65642f71738eb00d6'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3 style="padding-bottom: 20px;">Apprenticeships:</h3>
<h4>Existing learners</h4>
<ul>
<li>Many of our apprentices have been furloughed but the majority have been able to continue their studies and are still on programme – some making every use of the opportunity to really crack on with their studies.</li>
<li>Apprenticeship Professional Discussions are being undertaken and therefore tutors are working with student to get their portfolios ready for submission prior to the Professional Discussion.</li>
<li>Some of these students sat their synoptic exam before Lockdown and so, for those on Level 3, once their Professional Discussion is complete, we can sign them up to Level 4, as the whole process can be done remotely.</li>
<li>All of our learning materials can be accessed as before – the on-line materials are available 24×7 on Moodle and study manuals are being shipped directly from the publishers to students’ homes.</li>
<li>Our day release sessions have continued on the same days – albeit now virtually via Microsoft Teams. Some apprentices like the video facility, some prefer the chat function….a few are finding it difficult to get out of bed!?!</li>
<li>Our regular progress reviews are also now being completed on Microsoft Teams, with digital signatures being obtained from both apprentice and their line manager.</li>
<li>Marking and feedback on progress tests continue as before.</li>
<li>Individual Learning Plans have been amended to reflect the fact that exams may have been deferred, meaning that more than one subject will have to be studied before being able to sit an exam – which in fact is no different to what students have had to do in the past.</li>
</ul>
<h3><img decoding="async" class="alignnone size-medium wp-image-398" src="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/APPs_Good_for_Business_RGB-JPEG.ashx_-300x93.jpg" alt="" width="300" height="93" srcset="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/APPs_Good_for_Business_RGB-JPEG.ashx_-300x93.jpg 300w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/APPs_Good_for_Business_RGB-JPEG.ashx_-768x237.jpg 768w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/APPs_Good_for_Business_RGB-JPEG.ashx_-705x218.jpg 705w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/APPs_Good_for_Business_RGB-JPEG.ashx_.jpg 828w" sizes="(max-width: 300px) 100vw, 300px" /></h3>
</div></section></p></div>
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<div class='flex_column av-l1m8c3oo-1dc305cbb3670130597c02734c9af87a av_one_full  avia-builder-el-12  el_after_av_one_full  el_before_av_one_full  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-mx4s3-a5ae1cfa62bd668b96599aeac89a5867'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Exams:</h3>
<p>This is the one area that has come to a grinding halt. There has been no exam income, as we are unable to offer exams at present. However, students are continuing to study, in many cases at a faster rate than normal. After lockdown there will be flood of exam bookings. We are already planning to provide additional exam sittings each week (delaying the recommencement of our on-site day release classes) in order to clear the backlog. The lost income will then be recouped – not lost income, merely delayed income.</p>
<p><strong>In summary – despite lockdown, our training has continued, and with a minimum of disruption!</strong></p>
</div></section></div><div class='flex_column av-d3b4j-4a18c83e2aa820cccc64435f0c76952f av_one_full  avia-builder-el-14  el_after_av_one_full  el_before_av_two_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-buutf-fee1f91fe084bcd1106a2927ba8f57d6'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>Progressions</h3>
<p>One of our apprentices who had completed their synoptic exam before lockdown, completed their Professional Discussion on the new AAT SEPA on-line platform. Subsequently, we have been able to complete their sign up to Level 4 completely on-line, using Teams for face to face contact and our Bud Apprenticeship platform for the completion of the “paperwork” on-line, including with digital signatures. We have a number of other apprentices planned in to progress in May also.</p>
<h3>New Starts</h3>
<p>Since lockdown we have signed up five new Apprentices. All were already employed. Three had completed AAT Levels 2 and 3 with other providers, (mainly via distance learning) and wanted to progress to Level 4 via the Apprenticeship route with us. The other two had been involved in IT and admin roles with their employers and wanted to move into an accounting role, commencing with the Level 3 Apprenticeship (incorporating elements of Level 2). All were working from home or furloughed. As with our progressions, we were able to get them signed up completely remotely and get their studies started. For those furloughed, it was an ideal opportunity for them to get a head start on their studies so that when they return to the office, they can hit the ground running.</p>
</div></section></div>
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<div class='flex_column av-l1m6tmj0-4ecccd89e38641383b0afc147914be7c av_two_third  avia-builder-el-16  el_after_av_one_full  el_before_av_one_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m6t3yz-c55a92014a7fe62ffa2fec028048340a'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h2>Recruitment and Induction</h2>
<h3>Talent Programme</h3>
<p>Back in February/early March we launched our Talent Programme via a FaceBook campaign. We whittled down the initial 229 enquiries to 20 active students, via a process of submission of CVs, completion of a free basic bookkeeping taster course and submission of a bookkeeping test with a 90% pass mark, review of CV and attendance at interview. The successful candidates were given a free place on our Level 2 Certificate in Bookkeeping distance learning course. The last two of these candidates were interviewed remotely on Teams. So, very soon, we will have a pipeline of students ready to take up an Apprenticeship position.</p>
<h3>Pre-Recruitment Bookkeeping Aptitude Test (BAT)</h3>
<p>In early March we adapted our ‘Talent Programme’ approach to create a pre-recruitment screening process for a client, with their candidate completing our Bookkeeping taster course and submitting the progress test prior to interview, again with a requirement of a minimum mark of 90%. The client was also provided access to the Moodle learning platform so they could view the activity logs of their candidate, the process thus providing evidence of attitude as well as attitude. The successful candidate was offered a job, but Lockdown intervened. However, the candidate was then provided with our “The Balancing Act” bookkeeping induction training package which she has been working on at home – so that when she starts, she should be “oven ready”!</p>
<p>A further client had just recruited two ACA students immediately before lockdown. They too have been provided The Balancing Act to work through whilst on Furlough.</p>
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<div  class='avia-image-container av-l1m6w3ua-20afa77f33541c7e16c6cdb4444fdb62 av-styling- avia-align-center  avia-builder-el-20  el_after_av_image  avia-builder-el-last '   itemprop="image" itemscope="itemscope" itemtype="https://schema.org/ImageObject" ><div class="avia-image-container-inner"><div class="avia-image-overlay-wrap"><img decoding="async" class='wp-image-389 avia-img-lazy-loading-not-389 avia_image ' src="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/blog-3.jpg" alt='' title='blog 3'  height="700" width="700"  itemprop="thumbnailUrl" srcset="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/blog-3.jpg 700w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/blog-3-300x300.jpg 300w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/blog-3-80x80.jpg 80w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/blog-3-36x36.jpg 36w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/blog-3-180x180.jpg 180w" sizes="(max-width: 700px) 100vw, 700px" /></div></div></div></p></div><div class='flex_column av-brg3e-8957d969f32e1d6460436b10a4dff5d1 av_one_full  avia-builder-el-21  el_after_av_one_third  avia-builder-el-last  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m8frt0-9f177885838d9c97e2e5f427c078130e'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h2>What is ‘The Balancing Act’?</h2>
<p>The Balancing Act is a comprehensive self-study bookkeeping course that can be completed in as little as 5 days! With 26 step-by-step interactive online learning presentations and a hard copy ‘case study’ workbook containing 43 practical bookkeeping activities (with answers and an end of course test), it is an ideal way of getting new (and/or existing) staff up to speed rapidly.</p>
<p>The course takes students through getting to grips with double entry, dealing with sales and purchases, all the way through to preparing a Profit &amp; Loss Account and Balance Sheet (including end of period adjustments).</p>
<p>For more information, please click <strong><a href="https://thebalancingactedu.co.uk/pricing/">here</a></strong></p>
</div></section><br />

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<section  class='av_textblock_section av-l1m8h6i7-a814e82d0b3a244975c66b52c4d7b838'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h4>So</h4>
<p>If you have</p>
<ul>
<li>Students who have completed their studies at Levels 2, 3 or 4 and you thought that they would have to wait before progressing onto to Levels 3, 4 or 7 (ICAEW), or</li>
<li>Students who have recently started at work but have not yet started their studies, or</li>
<li>Students who are you are looking to move into an accounting role, or</li>
<li>New recruits to whom you have offered a job but who are waiting to start, or</li>
<li>Candidates who have enquired about a vacancy but who you haven’t yet interviewed, or</li>
<li>Vacancies, for which you haven’t yet felt able to advertise</li>
</ul>
<p><strong>Think again……</strong></p>
<p><strong>……there is no need to stop the process of recruitment, induction and training</strong></p>
<p>If you would like to discuss any of the above and the various options available to you, do give us a call on <strong>01392 435349</strong> or email us at <strong>apprenticeships@accountancylearning.ac.uk</strong></p>
<p>We would love to help.</p>
<p>A further client had just recruited two ACA students immediately before lockdown. They too have been provided The Balancing Act to work through whilst on Furlough.</p>
</div></section><br />
<div  class='avia-button-wrap av-l1m6xf6s-5c263c08e7a914d4be73424a16ede585-wrap avia-button-left  avia-builder-el-25  el_after_av_textblock  avia-builder-el-last ' ><a href="https://thebalancingactedu.co.uk/buy-the-balancing-act/" class="avia-button av-l1m6xf6s-5c263c08e7a914d4be73424a16ede585 avia-icon_select-no avia-size-medium avia-position-left avia-color-blue"><span class='avia_iconbox_title' >START SAVING TIME &amp; MONEY</span></a></div></p></div></div></div></div><!-- close content main div --></div></div>
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</div></section></div><div class='av-flex-placeholder'></div><div class='flex_column av-hr1o2-51fae4d4981e75b7bd2cc6f59b3697a9 av_one_third  avia-builder-el-32  el_after_av_two_third  avia-builder-el-last  flex_column_table_cell av-equal-height-column av-align-middle av-animated-generic bottom-to-top '     ><div  class='avia-button-wrap av-b0zxm-ede6b70ba30182cf606744fb7885b432-wrap avia-button-center  avia-builder-el-33  avia-builder-el-no-sibling ' ><a href="https://thebalancingactedu.co.uk/buy-the-balancing-act/" class="avia-button av-b0zxm-ede6b70ba30182cf606744fb7885b432 avia-icon_select-no avia-size-medium avia-position-center avia-color-white"><span class='avia_iconbox_title' >START SAVING TIME &amp; MONEY</span></a></div></div></div><!--close column table wrapper. Autoclose: 1 -->

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		<title>Get Accounting Trainees Chargeable Quicker</title>
		<link>https://thebalancingactedu.co.uk/news/accounting-trainees/</link>
					<comments>https://thebalancingactedu.co.uk/news/accounting-trainees/#respond</comments>
		
		<dc:creator><![CDATA[taa_dev]]></dc:creator>
		<pubDate>Tue, 05 Apr 2022 13:28:52 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://thebalancingactedu.co.uk/?p=346</guid>

					<description><![CDATA[]]></description>
										<content:encoded><![CDATA[<div id='av_section_28'  class='avia-section av-18dkm2-a7d7156b7fe98db12a0a5bde2b151e47 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role="main" itemprop="mainContentOfPage" itemscope="itemscope" itemtype="https://schema.org/Blog"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<section  class='av_textblock_section av-l1m6fi6s-1d8d2dea05e42b49438c39ff73032c36'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h1 style="text-align: center;">Get Accounting Trainees Chargeable Quicker</h1>
<h3 class="grey-text" style="text-align: center;">Get your accounting trainees chargeable during their induction</h3>
</div></section>
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<div  class='avia-image-container av-l1m6lrh0-7fab5310284f87dc2a1d91075d3049f9 av-styling- avia-align-center  avia-builder-el-4  avia-builder-el-no-sibling '   itemprop="image" itemscope="itemscope" itemtype="https://schema.org/ImageObject" ><div class="avia-image-container-inner"><div class="avia-image-overlay-wrap"><img decoding="async" class='wp-image-348 avia-img-lazy-loading-not-348 avia_image ' src="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Chargeable-Trainees-Quicker-v2.jpg" alt='accounting trainees' title='Chargeable-Trainees-Quicker-v2'  height="800" width="1280"  itemprop="thumbnailUrl" srcset="https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Chargeable-Trainees-Quicker-v2.jpg 1280w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Chargeable-Trainees-Quicker-v2-300x188.jpg 300w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Chargeable-Trainees-Quicker-v2-1030x644.jpg 1030w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Chargeable-Trainees-Quicker-v2-768x480.jpg 768w, https://thebalancingactedu.co.uk/wp-content/uploads/2022/04/Chargeable-Trainees-Quicker-v2-705x441.jpg 705w" sizes="(max-width: 1280px) 100vw, 1280px" /></div></div></div></div><div class='flex_column av-agld6-258419d9c510ad83efef3db48d5f3e2c av_one_half  avia-builder-el-5  el_after_av_one_half  avia-builder-el-last  flex_column_div '     ><section  class='av_textblock_section av-l1m6musu-92909f6b01b654697dfc12f967d0fa04'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3>There is a perception that while taking on accounting trainees is good for the long-term development of the practice, it takes too long to get them to be chargeable.</h3>
<p><strong>WRONG!</strong></p>
<p>Professional qualifications such as the Association of Accounting Technicians (AAT) take students through a tried and tested approach for developing their finance and accounting skills. However, it is a misconception that the students will not become ‘useful’ until several months into their studies.</p>
<p><a href="https://www.accountancylearning.co.uk/" target="_blank" rel="noopener">Accountancy Learning</a>’s approach to their AAT studies is to help students develop their skills so they can be working on live jobs as soon as possible. However, the firm’s desire to have chargeable staff sooner in the process, caused us to develop a complementary training package to develop these students sooner rather than later.</p>
</div></section></div></div></div></div><!-- close content main div --></div></div><div id='av_section_30'  class='avia-section av-3qtnu-4bd3dcafa2d101da05abb700a526b645 main_color avia-section-default avia-no-border-styling  avia-builder-el-7  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-455'><div class='entry-content-wrapper clearfix'>
<div class='flex_column av-kmkiq-eebf91a5a6dfb61a27628b81a3148f74 av_one_full  avia-builder-el-8  el_before_av_one_full  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-hg9ju-cb0fd7c0feeadc341b305fb3adf1c84f'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3 style="text-align: left;">The Balancing Act – Introduction to Bookkeeping.</h3>
<p style="text-align: left;">We created ‘<a href="https://thebalancingactedu.co.uk/">The Balancing Act</a>’ to give trainees, or those retraining to be accountants, not just an introduction to bookkeeping, but also the skills to be able to put together a set of final accounts in as little as 5 working days. Yes, you read that correctly!</p>
<p style="text-align: left;">Using a combination of online and hard copy study materials, The Balancing Act helps your firm to recoup the costs of the staffing investment, much earlier in the accounting training process.</p>
<p style="text-align: left;">This bookkeeping course has been designed to be a self-study programme, which drastically reduces the amount of time senior staff need to spend on 1-2-1 training with new recruits. The whole course can be completed in approximately 35 hours and there are tests throughout the course which can help the students (and you), to confirm they have understood the previous section before advancing further. There is also an end of course test which you assess to gauge their progress and plan their future training requirements.</p>
<p style="text-align: left;">So, within the first couple of weeks of being employed your new trainees can become productive members of the team.</p>
</div></section></div>
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<div class='flex_column av-l1m6tmj0-4ecccd89e38641383b0afc147914be7c av_one_full  avia-builder-el-10  el_after_av_one_full  el_before_av_two_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m6snxi-8e0c6f1aaeadfeb65642f71738eb00d6'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3 style="text-align: left;">Using the induction process to create chargeable staff</h3>
<p style="text-align: left;">While some choose to put their accounting trainees through The Balancing Act a couple of months after they have joined the firm, there really is no need to wait. In fact, there are four good reasons to introduce them to The Balancing Act during the first couple of weeks of their employment. These are:</p>
<ol style="text-align: left;">
<li>Choosing the induction period to get accounting trainees or new joiners to complete The Balancing Act, makes their initial time with the firm as effective as possible. In between the various staff introductions and training on firm-wide procedures, they can also be carrying out their bookkeeping training.</li>
<li>It is the perfect course to quickly get an insight as to whether your new recruits have got what it takes to become an accountant. If they are struggling with the concept of double-entry bookkeeping it gives you an opportunity to identify if additional training and support is required. If, however it becomes apparent that bookkeeping and accounting really is not for them, you can agree to part company sooner rather than later. This makes it a less risky approach to training staff, but also minimises your costs due to the salary savings and costs of enrolling onto such programmes as the AAT courses.</li>
<li>New recruits who successfully complete the test feel more engaged and invested within the firm and the rest of the team and are more likely to want to continue with further accounting qualifications and to develop their careers.</li>
<li>Within 1 – 2 weeks of the recruit joining your firm they can start being a fee earner, and in essence start ‘earning their keep’. Don’t forget, they could be a chargeable member of your team in as little as 5 days!</li>
</ol>
<p style="text-align: left;">The Balancing Act can also be completed alongside an accounting apprenticeship, to further aid the student’s development. Further details about Accountancy Learning’s apprenticeship courses can be found <a href="https://apprenticeships.accountancylearning.co.uk/employers/overview/" target="_blank" rel="noopener">here</a>.</p>
</div></section></div><div class='flex_column av-brg3e-8957d969f32e1d6460436b10a4dff5d1 av_two_third  avia-builder-el-12  el_after_av_one_full  el_before_av_one_third  first flex_column_div column-top-margin'     ><section  class='av_textblock_section av-l1m6t3yz-c55a92014a7fe62ffa2fec028048340a'  itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost" ><div class='avia_textblock'  itemprop="text" ><h3 style="text-align: left;">Don’t take our word for it!</h3>
<p style="text-align: left;">Accountancy firms across the country are tapping into the huge benefits which The Balancing Act can provide. Here Sophie Parkhouse, Technical and Training Partner at <a href="https://albertgoodman.co.uk/" target="_blank" rel="noopener">Albert Goodman</a> shares their experience of using this innovative bookkeeping course:</p>
<p style="text-align: left;">“For a number of years, we have used The Balancing Act distance learning bookkeeping course as part of our induction programme for all new recruits. This has allowed our school-leaver and graduate intake to acquire the necessary knowledge and skills to become productive in the workplace within a week and, in the case of our AAT students, to commence their studies at level 3, rather than spend a year completing level 2. This not only fast tracks their career progress and enables our business to immediately benefit from their increased effectiveness, but also reduces the amount of on-the-job training provided by their line managers and consequent lost chargeable time.”</p>
<h3 style="text-align: left;">Great course. Great outcome. Great price.</h3>
<p style="text-align: left;">The Balancing Act has been designed to meet the needs of busy accountancy firms and students who are keen to progress with their accounting studies. It costs just £180+VAT per course candidate, making it one of the most competitively priced and invaluable bookkeeping courses on the market.</p>
<p style="text-align: left;">To get your accounting trainees chargeable quicker, watch the video on the home page here: <a href="https://thebalancingactedu.co.uk/">www.thebalancingactedu.co.uk</a>. You can also order your copies online too.</p>
<p style="text-align: left;">If you have any questions, please do get in touch on 01392 244048 or email us at: <a href="mailto:team@thebalancingactedu.co.uk">team@thebalancingactedu.co.uk</a>.</p>
</div></section><br />

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