A group of Year 12 and Year 13 A Level Accounting students took part in a prestigious Accounting Competition organised by the Institute of Chartered Accountants in England and Wales.
The BASE Accounting Competition involves an intense and gruelling day of analysing financial and business data, and then presenting a case and formal presentation to a panel of top industry experts and Chartered Accountants. This was the East of England finals and competition was strong with the ONE teams competing against 10 other teams from local colleges and sixth forms. Students prepared for the competition alongside their Accounting and Economics teachers Paul Hinchcliffe and Will Pierce.
The six Year 12 students were – Sam Phillips, Fraser May, Charlotte Pyther, Louise Johnson, Callum Burrows, Fern Chandler, and the six Year 13 students were Lauren Groves, Tyler Berry, Georgia Reynolds, Connor Betts, Charlie Watts and Dan Hudson-Smith all studying Accounting, Economics and Business Studies between them were selected for a place on the two teams to take part in the event from a large number of high calibre students.
This was a fantastic opportunity for our students to put into practice the theory that they have been learning about in Accounting, Economics and Business Studies. An essential component of the BASE Accounting Competition is effective teamwork and discussing different business solutions to a problem, and then being able to communicate this in a convincing business manner to business and finance experts. Both of the ONE teams were enthusiastic and put across a flawless business case, undertaking an articulate and well thought out presentation drawing upon a lot of financial and economic theory to back up their case.
In addition to the competition, it was also an opportunity for students to learn about the pathways and careers into Accountancy and meet some of the large world renowned Accountancy firms, and get tips on how to enter this profession. A great opportunity for these 12 budding accountants of the future!
Whilst putting up a good fight, the ONE teams were just pipped to the post in the competition. Congratulations and well done to the teams for a very credible and strong performance.