The Impact College’s Post

Great to round off the week with a session with some of our Year 4 trainee financial planners this morning. A really good discussion around presenting our advice reports and, crucially, how to communicate the benefits of the advice to clients. #financialplanning #financialadvice

Reflections on Day 3 of the AICD Foundations of Directorship Course Day three was focused on finance and all the mechanics that tie good governance, risk and strategy together. We were facilitated by the expertise and experience of a diligent practitioner and board member - Ros Jackson FAICD. Thankyou Ros! Some Key takeaways for me were: ✔ Understanding the mechanics and thresholds of reviews and audits, when your company needs which. ✔ Understanding solvency, and what directors and boards need to consider when approaching insolvency and the parameters around 'SafeHarbour'. ✔ Learning how to better read a balance sheet, financial statement, cash flow forecast etc and what to look for and how to use some quick ratios to determine whether things are trending positively or otherwise. ❕ If joining a board, to make sure their obligations are up to date, such as superannuation and tax - ATO has provisions by which they can enforce payment by individual Directors. Thanks again Ros Jackson! That concludes the sessions on the AICD Foundations of Directorship course. I'll write up a wrap up and overview and results in a follow on post. Happy Friday all, have a great day and weekend. (The picture below inversely reflects how I felt starting day 3, and semi-accurately represents how I felt finishing day 3 😂). #aicd, #finance, #directorship, #professionaldevelopment

In our #CISIReview article, Trainee financial planner Gunpreet Singh, MSc talks about his investment in the Institute’s community and how he's using the Young Professionals’ Network to develop his professional capabilities: https://lnkd.in/gPMBv2Q8 #cisiypn #financialplanning #YourCompetitiveEdge

The feature in the #CISIReview highlights my investment in the Institute's community, utilizing the Young Professionals' Network to enhance my professional skills. My story underscores the importance of networking and continuous learning in gaining a competitive edge in financial planning. Huge thanks to Lauren N. Johnson for her insightful article. #cisiypn #financialplanning #YourCompetitiveEdge

🚀 Exclusive: Calling all CPAs in Halton-Peel, York, Huronia, Toronto South & Hamilton: Emerging Services & Technologies Event with Tim Bauer! The profession is evolving, and this webinar equips you with the knowledge to stay ahead. Join us for a deep dive into: ➡ Emerging Services & Technologies: Explore assurance & advisory offerings by CPA firms and competitors, alongside the latest tech impacting your career. ➡ Transformation Trends: Understand stakeholder expectations for the CPA profession's transformation beyond traditional auditing. ➡ Bridging the Gap: Identify areas where CPA firms excel and where upskilling is needed to meet evolving demands. Key Takeaways: ➡ Gain insights into stakeholder expectations for a transformed CPA profession. ➡ Discover how well CPA firms are keeping pace with emerging trends. ➡ Learn about the diverse technologies increasingly encountered by CPAs. Who Should Attend: All CPAs eager to explore new developments and future-proof their careers. 🌟 Presented by: Tim Bauer, Associate Professor & J. Page R. Wadsworth Junior Chair in Accounting and Finance at the University of Waterloo. 💻 Registration & Inquiries: https://lnkd.in/eY84_Hks 📅 Date: September 17, 2024 🕢 Time: 6:00 PM - 7:00 PM 💼 Earn 1 PD hour #CPA #Accounting #EmergingTech #Transformation

Remember those college days attending sessions with professionals in your field? Last evening, it was a bit of a full circle moment as I joined other Native professionals like Amber Hillis Parker, CPA, Michael Mora, CPA, & Mariano Fernandez to share insights and encouragement with Native students at UNM Anderson School of Management and what we do now in the fields of accounting, finance, and entreprenuership. A huge ahéhee' to the student leaders & future accountants and financial professionals like Taya Perales and those who attended. 🌟 #NativeProfessionals #UNMAndersonSchool #Accounting #Finance #DiversityInBusiness

🚨 Looking for Answers? Our Financial Modeling Academy Scholarship FAQs Have You Covered! We know picking the right program brings up questions—so we’ve gathered the most common ones about the FMA scholarship, from eligibility criteria to how lectures will be delivered.   Check out the answers in the carousel below. 👇🏽 If you'd like to learn more about the Financial Modeling Academy and how you can get the scholarship, follow the link here: bit.ly/FMAAfricanResident   If you still have more questions, we’re ready to help! Ask your questions in the comments below, send us a direct message, or email us at engage@dbrownconsulting.net, and get a prompt reply. 🗨️📩 #Finance #Accounting #CareerGrowth #FinancialModeling #ScholarshipOpportunity

A beautiful piece of advice to those preparing for APC exam

It’s that time of the year again where nerves are through the roof in anticipation of the upcoming APC exams. In my experience with APC, I thought to think beyond the exam in terms of what I believe SAICA was trying to achieve which helped in guiding how I approached the exam in general. What I gathered is that SAICA seems to want to produce a wholistic CA(SA). One who is not only comfortable with the technical or business writing but decision making as well (ethics, strategy, investing, financing, operations, etc), which made me see the PRI in a different light as I could not research or possibly go on to answer questions posed/make decisions without a proper understanding of my “entity” and role. If you for example, understand the value creation of a business, it narrows down the areas of research as there is a significant amount of information but not enough time to swift through it all. You can’t make decisions without knowledge of what drives or threatens the business both internally and externally or what its vision, mission and strategic goals are as these greatly influence what it can or cannot venture into beyond the financial gain. This helped especially with the ethical and strategic tasks. That’s why my piece of advice is to have an in-depth understanding of the PRI as if you were actually employed by that company. This is why I re-wrote the PRI as it helped in committing to memory. By page 14 of the PRI I could remember how the entity creates value, what it hopes to achieve strategically and what the underlying theme/challenges are (e.g. sustainability, expansion, new venture that triggers a new standard, etc), which contributed greatly to how I researched and eventually addressed the tasks.