Welcome to my blog! I’m Sally Baker and have been a tutor in financial accounting subjects since 2000.
My career in accountancy started at the tender age of 15! Maths was always my strength at school and as my father was an accountant it seemed natural to start considering it as a career option. So I worked in his practice during the summer holidays. Apart from photocopying and making the tea I was doing plenty of bank reconciliations and summarising client’s records onto various pages of “7 column” to be used later in the process of producing their financial statements. (Although computers had been invented, a lot of the work in this medium-sized country practice was still done with good old pen and paper!)
From this I decided that I wanted to train as an ACA. I wasn’t sure that I would remain as an accountant, but knew that getting the qualification would open other doors in the future – although at the time teaching was not something that had crossed my mind.
So after finishing school I went to university at Imperial College, London and completed a pure maths degree, gaining a 2:1 BSc (Hons). Between my second and third years I was successful in applying for a summer placement at Deloitte & Touche (now Deloitte’s) and at the end of the placement was offered a graduate training contract.
For the next 3 years I worked in audit while completing my exams. I realised fairly quickly that I did not want to continue a career in audit within a “big 4” firm. At the same time I was seeing the tutors that were teaching me and decided that the front of the classroom was where I wanted to be.
Having qualified in 1999, I joined Financial Training Company (now Kaplan) in 2000 and the rest as they say, is history!
I primarily teach ACCA’s F7 Financial Reporting, P2 Corporate Reporting and CIMA’s F2 Financial Management.
In 2009 my colleague Tom Clendon wrote his book “A student’s guide to Group Accounts” which I helped to edit. I have always enjoyed writing material for our courses as well as teaching it, so I was inspired to write my own book.
So here we are today – the book “A student’s guide to preparing financial statements” has now gone to print and will be available from April 2013. The book covers everything from the basics of double entry bookkeeping through to the accounting standards that are tested in advanced level exams. Every topic is illustrated with examples of preparing financial statements from a trial balance.
The book is aimed at students studying any of the main accounting qualifications and is relevant to any level. It is also aimed at students who may have gained exemptions from previous papers or who are returning after a study break and need to refresh their knowledge.
To tie in with the launch of the book, and to provide up to date resources for students as well as tips to help you pass the exams, I have set up this blog. I will be adding more content over the coming weeks and months, so please visit again soon.