Trainee Accountant Role?!

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Hi everyone,

I’m due to start a Trainee Accountant Role and was wondering if anyone could give me an insight on what I should cover? I graduated last year, so I know I need to refresh over a lot of content. Is there anything in particular I should cover?

Also what would the expectations be? Will help and training be provider?

Any advice/help would be greatly appreciated 🩷 xx

Are you starting in practice or industry?

Congratulations on the job!

Congratulations! Are you going to be sitting professional exams with a training provider. If so, share which ones. They will almost certainly treat you as though you know absolutely nothing.

Also what would the expectations be? Will help and training be provider?

Surely you know the terms of your own training contract? There's no way anybody can answer those questions based on the information in your post.

Thank you, and industry x

Thank you, and it will be ACCA xx

What did you do at uni and will you have any exemptions? Will it be an apprenticeship?

Many studying for ACCA sit one paper every 3 months although some employers may insist on doing a couple at a time. You should be given a study support package. A typical study package for each paper would give you around 8 days of study leave for tuition and revision.

Brush up on your Excel.

I studied Accounting and Finance and achieved a First Class, I believe I have 2 exemptions but will need to double check. It’s not an apprenticeship I don’t believe. The role is of A Trainee Accountant and it said within the critical competencies to be ‘Willing to study for Acca/CIMA’. I am interested in ACCA

I regret not asking for more information in the interview. Because with all honesty I didn’t think I’d make it to the second stage never mind be offered the role. Although I know it is completely my mistake. I was just confused on how it will work, as in will I be provided training and support within the job.

I know that no one knows the exact answer, but was just hoping for some insight x

Is there anything in particular you would recommend to cover? I know Pivot Tables / Conditional Formatting and Formulas such as If Stayements/ CountIf etc are Important x

As a recent graduate, your alumni careers service will be a good source of advice on this.

Oooh thank you so much, never thought of this!

Take a look at the ACCA Student website on how to claim your exemptions and get your hands on your transcripts.

Good luck!

I trained as an accountant ten years ago on a grad scheme from scratch. I'd never seen a debit or credit.
The training was great and they expected us to know nothing.
Excel is really useful though so I'd focus on that.

Anything that might be useful, such as designing a layout for spreadsheets for calculating fixed asset additions and depreciation (with associated columns for monthly journals), apportionment of overheads, Aged debtors & sales turmover reports, ETBs, consolidating group P&L accounts, graphs, that sort of thing. If there's any manufacturing going on, then there will be cost/WIP reports etc as well.

A lot of what happens is imported from an accounting database into a spreadsheet and then manipulated from there into the reports/analysis you need.

So it really depends on what you are going to be asked to do. Most reports I produce are sent to non-finance managerial staff, so they have to be very straightforward and simple to understand.