Hot Topic Resources
First Intuition has hosted a number of virtual events on hot topics in the accountancy industry and general work-related subjects. Find an archive of links to summaries and videos from these sessions relevant to businesses.
FIRST INTUITION THINK TANK FORUMS
This two-part FITT forum explored the topic of remote onboarding. The session was joined by expert speakers as they shared their own experiences of remote onboarding and gave insights into best practice in this area.
Remote Management of Junior Staff
We were delighted to be joined by C-J Green, Co-Founder and Executive Director of BraveGoose and Dyfrig Jenkins, of YOU.DEVELOPMENT.co.uk to discuss the topic of remote management of junior staff in more detail. We also heard from the accountancy awarding bodies who shared their thoughts and the work they’ve been doing to tackle the challenges many employers are currently facing.
Returning to the Workplace
With many firms now evaluating how they can provide a safe and welcoming environment for those employees who are planning to return to the office in some way, we examined this topic in more detail. Barnaby Clark and Lizzie Duckworth from COEL, a commercial and design fit-out company joined us for our first session to share their expertise in this area.
Intakes of new students are likely to be starting their accountancy careers in a largely remote environment. Many employers are facing the prospect of delivering initial induction and internal skills training virtually, rather than in a conventional board room or office setting. Getting this right will be critical to ensuring engagement, productivity and retention in those important first months in work. It’s therefore critical to maintain quality and keep engagement levels high.
Maintaining a Team Ethos
For many employers, their ‘team spirit’ and ‘family feel’ are crucial parts of their identity. Many are concerned that this will be challenging to maintain if many staff are working predominantly remotely. We heard from expert speakers C-J Green and Dyfrig Jenkins, plus insight from the accountancy awarding bodies.
Remote Recruitment, Attraction and Selection of Candidates
Employers recruiting post-pandemic are facing a very different environment to any normal year. Online platforms, techniques and processes for recruitment can prove just as effective as being ‘in-person’ if used correctly. First Intuition Director Gareth John hosted this timely employer forum at the end of October 2020.
Mental Health and Workplace Wellbeing
Whilst the first 6 months of the pandemic presented a commercial, financial and liquidity crisis for many businesses, the next 6 months will likely create a mental health crisis amongst the teams we will all be relying on to carry our businesses through the recovery. The combined impact of high levels of remote working and the career uncertainties and anxieties caused by the pandemic will be a challenge for many. We were joined by expert speakers Jen Christie (Rise Well) and Sophie North (Luminate).
Recruitment of the ‘COVID Generation’
This forum explored the impact the pandemic has had on young adults. As well as the allowances that will be required in recruiting the coming cohort of school/college leavers to account for lost learning and skills development opportunities. Not only will students have suffered huge disruption to their education for in excess of 12 months. They will have had extremely limited opportunities for early work experience in the hospitality and retail sectors. They will also have seen extra-curricular employer outreach and career activities disappear. This forum considered how the skill sets of these young adults are likely to differ from our normal expectations. As well as how their CV’s might look and what their exam grades may or may not mean.
The Role of Data Analytics in Accountancy
This forum explored how digitisation, automation, and Artificial Intelligence are revolutionising the way that financial transactions are recorded. As well as how they are also transforming the way that data can be interrogated, analysed, and presented to aid better business decision-making.
Equality, Diversity, and Inclusion in the Workplace
This forum discussed the importance of diversity in the workplace for employers as well as what businesses can be doing to improve EDI. Embracing diversity and inclusion, and providing equality goes a long way in promoting a work culture that values talent beyond stereotypes. Moreover, an inclusive workplace fosters better productivity and efficiency, improves retention of staff, and can act as a major attraction during recruitment.
How the Pandemic has Changed the Accountancy Industry and How we Train New Intakes
This session discussed how the pandemic has affected the accountancy industry, the changes made by the awarding bodies during this time and how they have benefited the industry, the role the accountancy profession can play in the recovery of COVID, as well as predictions for the future.
How to Motivate and Retain Young Adults
This session discussed how employers can successfully motivate and retain young adults.
How to Prepare and Onboard Young Adults
This session discussed how employers can successfully prepare and onboard young adults.
Engaging with and Recruiting Young Adults and Understanding their Mindset
This article shares highlights from the session where guest speakers joined Gareth John to look at some recent research into the rapid changes in ‘what makes young adults tick’. As well as considering how employers need to change their Employer Value Proposition to appeal to individuals currently leaving education. The session also gave tips on how to grab the attention of prospective candidates, how to attract them to your brand, and what to expect from them in the recruitment and assessment process.
Keeping your People and Talent Strategy Relevant
Staff recruitment and retention remain key concerns for employers across all industries, particularly as external pressures such as rising costs take hold.
Gareth John hosts a discussion to look at the wide-ranging/ rapidly changing labour market and employment environment, as well as what employers can do to effectively adapt and continue to assist staff development.
How to Engage with Schools and Colleges
Gareth John, First Intuition Director, brings together expert speakers to share their ‘top tips’ and practical advice for how employers can most effectively engage with schools and colleges to broaden their recruitment pipelines.
Retaining and Attracting Qualified Staff
Gareth John hosts a discussion to examine the approaches employers can use to keep staff engaged and loyal when they qualify. As well as how to be appealing to experienced candidates in the marketplace looking for their next role.
Engaging with and Recruiting Young Adults and Understanding Their Mindset
This session looked at some recent research into the rapid changes in ‘what makes young adults tick’. As well as considering how employers need to change their Employer Value Proposition to appeal to individuals currently leaving education. The session also gave tips on how to grab the attention of prospective candidates, how to attract them to your brand, and what to expect from them in the recruitment and assessment process.
Preparing and Onboarding Young Adults
This session explored strategies for maximising the impact of the ‘pre-start’ period to avoid losing successful candidates to other job opportunities. As well as what employers can expect from young adults when they first enter the workplace, and how to successfully onboard and engage them in their early weeks of employment.
Motivating and Retaining Young Adults
This session looked at the different motivators for the newest generation of workplace cohorts and what employers can do to maximise commitment from new joiners to encourage retention.
Connecting with Young Adults for your 2024 Talent Pipeline
Employers are finding it more and more difficult to get in front of potential entry-level recruits. This is because young adults are not always made aware of the opportunities available to them if they decide not to go to University. However, there are things employers can do to widen the reach of their recruitment away from traditional pathways.
Expert speakers as they discuss:
- How employers can widen the reach of their entry-level recruitment
- New candidate marketing avenues available to employers
- How to keep up-to-date with where young adults are likely to be searching for roles
- Their latest insight into what young adults are looking for when choosing an employer
LEADERSHIP LUNCH AND LEARN
Managing Remote Teams
How do managers excel at leading remote teams? This session included guest speaker and co-host C-J Green, Co-Founder of BraveGoose, who shared her expert tips and advice. In addition, the session also included a panel of experienced and successful managers including Louise Hazard, Senior R2R Manager at Greene King, Simon Mader, Head of Technical Accounting Compliance & UK Reporting at AstraZeneca, Carolyn Connery, Head of Employer and Provider Development at Chartered Management Institute, and Dennis Laudick, VP Marketing, AI/Machine Learning at Arm. They considered some of the inherent challenges in remote work, the benefits it can bring, and experiences we can all learn from.
Building Team and Personal Resilience in a K-shaped Economy
This session looked at what it means to be a resilient organisation, the importance of resilient teams and how we manage and develop resilient individuals. With guest speakers including ‘Eddie the Eagle’ Edwards, Olympian Ski-jumper, Charlene Lyons, Chief Executive Officer at Black Sheep Brewery, Caroline Ford, Global Digital Capability Lead at AstraZeneca, Doug Field OBE, Joint CEO at East of England Co-op, Lucy Pakes, HR Business Manager at Ashtons Legal, and Dyfrig Jenkins, Owner & Director of YOU. Development.Ltd.
How to Transition to Hybrid Working
How to transition to hybrid working is a hot topic for many businesses as staff start to return to the office. Remote working and its flexibility is something many want to continue in their post-COVID workplace.
Managing for Retention
This session discussed the tips and techniques required from managers in order to retain staff in an increasingly competitive job market.
How to get a Culture-first Organisation
This session discussed how businesses can increase positivity, energy, and motivation in their own teams, the activities that can be used in person or remotely, and how a positive culture can be used to enhance recruitment, retention, and productivity.
Leading a Team to Success
This topic focused on leading a team to success and how this has changed since the COVID19 pandemic. The panel of experts shared their experiences and insights into the unique challenges these times have brought to managers and offered advice on best practices.
DIGITAL TECHNOLOGIES AND DATA ANALYTICS
Do ALL accountants need data literacy skills?
Gareth John, Chief Executive, and Louisa Matheson, Digital Programme Manager at First Intuition, hosted a session that discussed what is meant by data literacy, whether all accountants need to improve their data literacy skills, how to improve these skills, and the mindset needed to achieve successful change.
The future of accounting: how are digital technologies reshaping the industry?
Louisa Matheson, Digital Programme Manager at First Intuition, shares six ways digital technologies are reshaping the finance industry.
The Growing Role of Digital Technologies and Data Analytics in Accountancy and Finance
Gareth John, First Intuition Director, brings together expert speakers to examine new digital technologies, how they are changing roles and skills in accountancy and finance, why they are important for the growth of the industry, and what employers can do to keep up with these changing technologies. This article summarises some of the questions answered by these expert speakers.
Where technologies in accountancy are now and where they are heading next
We explore the rapidly evolving landscape of technologies in accountancy, including the latest trends, challenges, and opportunities in the realm of financial technology. Louisa Matheson, Digital Programme Manager at First Intuition, hosts a discussion with expert speakers currently implementing and using these new technologies.
How to start effectively adopting technological change
Adopting technological change can be overwhelming but here are some tips to help businesses effectively start embarking on their technological upskilling journey.
First Intuition’s Digital Academy: What employers think
First Intuition has designed and developed ‘finance-flavoured’ programmes to help accounting and finance professionals gain a better understanding of digital technologies: how they are relevant to the finance world and how they can help provide insight and impactful support for business decision-making.
We asked some employers who have tried out our digital and data programmes, that form First Intuition’s Digital Academy, to share their thoughts about the courses and how they have helped them.
AAT SYLLABUS UPDATE
AAT Qualifications 2022 Update
AAT is currently preparing its regular syllabus change to come into action in February 2022, moving over from AQ2016 to ‘Qualifications2022’. This has been delayed from the original September 2021 date due to COVID. Below is some useful information explaining why these changes to Qualifications2022 matter now. As well as how it will impact you and your students.
A review of Qualifications 2022 so far
In this article our AAT Production Manager, Ali Ryder, shares her thoughts on the new AAT qualification: Q2022. This includes a review of the AAT’s interim pass rates, the key challenges that we are seeing and our tips for success.
The skills sectors’ response to the removal of the apprenticeship ‘cap of ten’ for small businesses
First Intuition is delighted to hear that from 3 April 2023, the government has removed the ‘cap on ten’ non-levy reservations for apprenticeships.
Changes needed to the Apprenticeship Levy
Gareth John shares his views on the changes required to the Apprenticeship Levy ahead of the Chancellors’ budget announcement in the Autumn Statement 2022.
The benefits of the Impact Skills Programme to finance apprentices
The Impact Skills Programme (ISP) is a skills and behaviours programme unique to First Intuition. The programme offers accountancy apprentices the opportunity to develop their workplace skills and better prepare them for a career in accountancy and finance. This article explains some of the benefits accountancy apprentices studying with First Intuition can expect to experience on the ISP.
How out-of-date connotations associated with apprenticeships is impacting the accountancy industry
Despite the benefits to both students and employers, outdated negative connotations surrounding apprenticeships still exist. This out-of-dated thinking might even be having detrimental impacts on young adults entering the industry as recruiting habits change.
What do young accounting recruits want from their employers?
Accountancy training firm First Intuition recently surveyed its students to find out what young adults want when it comes to looking for, choosing, and staying in a role. This is as employers report they are finding it difficult to recruit high-quality candidates in the accountancy sector. Particularly those entering the workplace for the first time. Below are some of the key findings from the survey in the hope that they can help employers better understand what young adults look for in the recruitment and retention process.
Your Checklist for Getting the Right Accountancy Training Provider
You may find yourself sitting there wondering – how do I know if my current accountancy training provider is right for my business? Or, am I getting a first class service from my current accountancy training provider?
To help you decide, we asked our First Intuition Commercial Director, Ryan Hill, who has over 15 years of industry experience, what a top training provider should offer, so you can see if your current provider stacks up.