Celebrating Exam Success
Four members of the team at Walker Moyle have good reason to celebrate, following notification of their recent exam results.
Mollie Porter, Sarah Carbis, Roxy Polhill and Ben Williams have been studying hard over recent months, but their efforts have paid off with all of them passing their respective exams.
Mollie has taken her final exam for the Association of Chartered Certified Accountants (ACCA) qualification, which means she is now a fully qualified accountant. Mollie’s aim is to focus on the audit and assurance side of accounting, whilst continuing to prepare accounts and management accounts for her clients.
Sarah is studying for the Institute of Chartered Accountants in England and Wales (ICAEW) qualification. Having successfully passed her latest exam, Audit and Assurance, Sarah is planning to take three separate papers next July. These papers are Corporate Reporting, Strategic Business Management and the Case Study. On successful completion of these papers, she will then be a fully qualified Chartered Accountant.
Roxy is studying for the ACCA qualification and has recently passed her Financial Reporting paper. However, there’s little rest for Roxy as she now prepares to take her Audit and Assurance exam in December. She will then have a further five exams to sit over the next couple of years and hopes to be fully qualified by the middle of 2020.
Ben is also studying for his ACCA qualification and is approximately half-way through his studies. He has just passed the Performance Management paper and in December will be taking the UK Taxation paper. At the moment his plan is to sit one paper every six months and is aiming to qualify in 2021.
Paula Thomas, Director at Walker Moyle said, “I am really proud of everyone’s exam successes. It is very difficult to juggle work, family life and exam revision at the same time, but these guys have shown it is possible. I’d like to congratulate Mollie on becoming fully qualified and I know that with the massive effort they are putting into their studies, Sarah, Roxy and Ben will also qualify in due course”. She goes on to say, “At Walker Moyle we have a policy of training and developing staff to help them fulfil their career objectives. We want to help them focus on the areas of accountancy they most enjoy so they can deliver the best service to our clients”.
We are pleased to announce we have been chosen to join Handpicked Accountants, a specialist website dedicated to helping business owners and company directors find their perfect local accountant. Launched in 2017 by Begbies Traynor Group, Handpicked Accountants features over 1,100 industry leading practices, each carefully selected only after a rigorous examination of their service and client care.
With over 320,000 registered accountants in the UK, Handpicked Accountants helps you find the very best for your business, exclusively listing accountancy firms renowned for their experience and expertise.
At Walker Moyle we are committed to exceeding the expectations of each of our clients. Our firm’s roots date back to 1925, making us one of the most experienced, trusted, and long established accountancy practices in West Cornwall including in redruth.
David Tattersall, Head of Client Relations at Handpicked Accountants says, “It’s always a pleasure to see a firm have such strong engagement with their local community. Walker Moyle clearly understands their client’s needs as they consistently deliver outstanding guidance with a personal touch. Not only do they relieve the pressures of running a business but develop and enhance the enterprise of every client. Their professional team is a valuable addition to Handpicked Accountants.”
You can view our page on Handpicked Accountants here.
Exam success and top honours!
Following on from his exam success last summer, we are proud to announce that Andrew Symons is now a fully qualified Chartered Tax Adviser. In true Andrew style, not only did he pass his final tax paper, which he sat last November, he was also awarded the Ian Walker Medal for obtaining the highest mark for this paper.
542 people, including Andrew, sat the Chartered Institute of Taxation’s (CIOT) General Tax Awareness Paper. 397 people passed the paper, with Andrew securing the highest score in the country.
This final tax exam marks the end of nearly nine years of studying for Andrew, all of which he has done whilst working full time at Walker Moyle.
Speaking about his studies Andrew said, “It’s been a long haul in becoming Chartered Tax Adviser, but I am delighted to have passed some of the most gruelling exams in the profession”. When asked what he was going to spend his evenings and weekends doing now he’s passed all of his exams, Andrew said “I really don’t know! Since 2008, when I haven’t been working I have spent nearly every waking hour with my head in a tax book. I’m open to suggestions on how to start spending my weekends!”
Now that he has passed his exams, clients and business contacts in West Cornwall are likely to be seeing and reading a lot more from Andrew as he puts his studies into practice. He will be helping clients to make their tax affairs as efficient as possible and also writing tax articles and guides on the Walker Moyle website, which local businesses and individuals will find informative and helpful.
However, Andrew is not the only one who has reason to celebrate at Walker Moyle!
Mollie Porter has been awarded the Association of Chartered Certified Accountants’, Advanced Diploma in Accounting and Business, having successfully passed all of the Fundamental level papers in the exams. Over the next 2 years, she will continue with her studies with a view to becoming a qualified accountant by the end of 2018. Mollie said, “My studies so far have been really useful for many aspects of my role including completing tax returns, preparing management accounts and having a better understanding of the legal and ethical issues which affect most businesses. I’m looking forward to gaining new skills from the next round of accountancy exams and putting them into practice”.
And not to be out done on the exams front……
Matt Bick has recently passed his Institute of Chartered Accountants in England and Wales (ICAEW) Certificate in Finance, Accounting and Business (CFAB) exams. This moves Matt one step closer to taking the professional level of the qualification, which will ultimately lead to him becoming a qualified Chartered Accountant.
Commenting on his exams, Matt said, “I’m really pleased to have passed these exams which I have been studying for since I joined Walker Moyle in 2015. I shall soon start studying for the Professional Level of the ICAEW Chartered Exams, whilst continuing to get hands-on experience from working and putting into practice many of the things I learn from my studies.”
Paula Thomas, Director, said, “It is part of Walker Moyle’s philosophy to develop our staff to be the best accountants they can be, providing them with ongoing training and supporting them through their professional qualifications. It’s great news to hear that Andrew, Mollie and Matt have all passed their recent exams which will give inspiration to other members of our team who are keen to follow in their footsteps.”
Andrew achieves top marks!
We’re delighted to announce that a member of the team, Andrew Symons, has passed two specialist tax exams with flying colours!
Andrew, who is based in our Penzance office, is currently studying for the Chartered Institute of Taxation (CIOT) professional qualification. The CIOT is the leading professional body in the UK for advisers dealing with all aspects of taxation.
Having completed two exams in May this year, we (and Andrew!) were delighted to hear that not only has he passed both of the exams, but he has also been awarded the CIOT’s top prize for gaining the highest mark in one of the papers.
The two exams which Andrew sat were the ‘Taxation of Individuals’ and the ‘Taxation of Owner-Managed Businesses’. He was awarded the Ronald Ison Medal for having the highest marks in the ‘Taxation of Individuals’ exam and went on to win the LexisNexis prize for the highest total marks in two advisory papers taken in the same sitting.
And if those two prizes weren’t enough, he was the only student to be awarded a distinction for the Taxation of Individuals paper. To put this into context, 1,398 candidates, sat a range of CIOT exams back in May of this year. Of those who took the Taxation of Owner-Managed Businesses exam only 34% passed, with 52% passing the Taxation of Individuals paper, which demonstrates how hard these exams are.
On receiving his results, Andrew said, “I am absolutely thrilled not only to have passed the two technical advisory papers, but also been awarded the Ronald Ison Medal, LexisNexis Prize and distinction. The Chartered Institute of Taxation prides itself on being the ‘gold standard’ of UK taxation education and it is a great honour to be recognised in this way. I hope that I will be able to use my knowledge to assist Walker Moyle’s clients in meeting their tax obligations and planning for transactions in the most tax efficient manner possible.”
Commenting on his success, Paula Thomas, Director said “As a result of passing these exams, Andrew will be best placed to advise our clients with all their tax needs. Whether that’s doing individual tax calculations, advising on inheritance tax matters, or working with businesses to help them with their corporation tax and capital gains taxes. Andrew will join Michael Crookes and me in being able to offer our clients a comprehensive tax planning and compliance service, providing the technical skills and detailed knowledge to manage our clients’ tax affairs effectively”.
Unfortunately there’s no rest for Andrew though as he now starts preparing for his last CIOT exam in November, which is a general tax awareness paper. However, once he has passed this exam he will become a Chartered Tax Adviser and is looking forward to having evenings and weekends to do anything which doesn’t involve studying for exams!
Andrew will receive his awards at the prestigious CIOT awards and admissions ceremony which will be held in the spring next year.