First Intuition is a United Kingdom based provider of accountancy training. It was founded in 2007 and is a partnership run by the five founders. First Intuition works on the principle of smaller class sizes, capping all classes at 30, a unique feature not seen at any other accountancy training provider.

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First Intuition
First Intuition
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  • In Decision and Control assessment, you can be asked to explain the variances in a certain given situation.  To which some students will answer with a detailed explanation of how to calculate the variances. To which my first thought is “Why are you telling me this?  I know you can calculate variances”. In this exam... The post Written variance questions in the Decision and Control assessment appea...

First Intuition
First Intuition
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  • How to find more hours in the day…   I thought that would get your attention! For most of us, professional exams are the first time that we are working, studying and attempting to have some sort of social life and remind our friends that we exist. Often we schedule in blocks of study time... The post How to find more hours in the day… appeared first on First Intuition.

First Intuition
First Intuition
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  • If I had a pound for every time I have been asked how to choose your AAT optional units, I would be writing this from my own private island in the Caribbean. My initial response to this question used to be, do tax because I don’t like marking auditing mocks.  However, I am a big... The post How to choose your AAT optional units appeared first on First Intuition.

First Intuition
First Intuition
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  • How to stick to your New Year’s resolutions?   Many of us will make New Year’s resolutions, whether that’s to lose weight, change jobs, learn a new skill, quit smoking, do more exercise, make a complete career change – but how do we stick to these New Year’s resolutions? Psychologists have found we’re more likely... The post How to stick to your New Year’s resolutions appeared first on First Intui...

First Intuition
First Intuition
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  • As 2017 draws to a close it is a great time to take stock of the last year and focus on what you want to achieve in 2018. In this blog Gareth John talks about reaching for goal and embracing the fear of failure. What will you achieve in 2018? Let’s talk about the single... The post Chasing butterflies – Gareth John appeared first on First Intuition.

First Intuition
First Intuition
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  • What is the difference between AAT Fi Go and Fi Go Live?   Tutor Nick Craggs, hosted a live webinar earlier this week to explain the differences between our AAT Fi Go & Fi Go Live courses. If you are considering studying AAT as a distance learning student, but not sure whether to chose our... The post Fi Go or Fi Go Live? appeared first on First Intuition.

First Intuition
First Intuition
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  • What is the difference between studying an AAT Bookkeeping qualification to a Accounting qualification?   Tutor Nick Craggs hosted a live webinar to explain the differences between a Bookkeeping qualification and an Accounting qualification. If you are considering studying AAT and not sure whether to study the Bookkeeping qualification or the full Accounting qualification, please... The post Bookk...

First Intuition
First Intuition
Blog Post
  • Bad Debts Most businesses offer their customers credit, so they can buy now, and pay later. Typically businesses offer 30 days, but it can be a much longer period, especially if the customer has a lot of power over its suppliers, think of a cabbage farmer in Yorkshire selling to a large national supermarket. However,... The post How to account for bad debts appeared first on First Intuition.

First Intuition
First Intuition
Blog Post
  • 4 bad habits that students should try to avoid when studying for an exam   Many students don’t end up as prepared for exams as they planned to be. Other commitments mean that their preparation is less than ideal and revision is often rushed. Here are the top 4 habits you can avoid by planning your... The post 4 bad habits to avoid when studying for an exam appeared first on First Intuition.

First Intuition
First Intuition
YouTube Video
  • Don’t risk the four-week fall-off in your chances of passing! CIMA have been looking at how student pass rates are affected by the delay from when a student finishes their course to when they sit their exam. Their work showed very clearly that exam pass rates fall off dramatically if students wait more than four weeks from the end of their course to sit their exam.

First Intuition
First Intuition
Blog Post
  • Don’t risk the four-week fall-off in your chances of passing!   Some students believe that once their study course is finished, the longer they wait before sitting an exam, the higher their mark will be, and the better chance of passing they will have. This is only true to a point! It is certainly important... The post CIMA students – Avoid the four-week fall-off! appeared first on First Intuition...

First Intuition
First Intuition
Blog Post
  • First Intuition needs your help! Please nominate us for College of the Year 2018.   The countdown has begun to the 15th PQ magazine award ceremony! First Intuition has won PQ Magazine’s ‘College of the Year’ award in 2010, 2012, 2014 and 2016 and we would love to be able to keep up our record... The post Please nominate us for College of the Year 2018 appeared first on First Intuition.

First Intuition
First Intuition
Blog Post
  • First Intuition is delighted to share details of our most recent prizewinners. Stefan Demetriou, First In The World ICAEW Audit and Assurance September 2017 Stefan Demetriou scored a whopping 98% in his Audit and Assurance exam after studying in the classroom with First Intuition London. We caught up with Stefan to find out a bit more... The post Prizewinners at First Intuition appeared first on F...

First Intuition
First Intuition
Blog Post
  • First Intuition attended the annual British Accountancy Awards on 13th October at the London Hilton on Park Lane. The British Accountancy Awards are a celebration of excellence within the accountancy industry, attended by more than 750 guests from across the country. The event was hosted by the comedian and actor Hugh Dennis, who provided great... The post British Accountancy Awards 2017 appeared ...

First Intuition
First Intuition
Blog Post
  • Advanced Bookkeeping Qualification The Advanced Bookkeeping qualification is a practical and technical qualification aimed at preparing students for working specifically in finance and accountancy roles and is recognised by employers. Once you complete the qualification, you will have achieved the professional AAT Bookkeeper status (AATQB) and can apply for the AAT associate bookkeeping membership...

First Intuition
First Intuition
Blog Post
  • After December 2017 you will not be able to sit your F5-F9 exams on paper. If you haven’t considered it yet, we set out why you’ll benefit from switching from paper to session CBEs in December. Workplace Similarities When was the last time you created a document at work by writing it all by hand? Employers... The post Why switch to session CBEs? appeared first on First Intuition.

First Intuition
First Intuition
Blog Post
  • The vast majority of people buy a house to live in, not with a view to make a profit on it when it is sold. This counts as someone’s principal private residence, i.e. the main place where they live.  For tax purposes you can only have one private residence.  Any gain on your private residence... The post PPR relief appeared first on First Intuition.

First Intuition
First Intuition
YouTube Video
  • Principal Private Residence Relief or PPR relief Watch our tutor Nick Cragg's work out what the chargeable gain on disposal after PPR is. For the blog please visit www.firstintuition.co.uk/ppr

First Intuition
First Intuition
Blog Post
  • By his own admission, James Duggan, a chef turned accountant, was “a bit of a ‘jack the lad’ at school”.   He left school with minimal GCSEs and his academic or work options were underwhelming. But all was not lost, James had something he loved: food. “I had a passion for food and in particular... The post From cooking for the Royal Family to training as an accountant… appeared first on First Intu...

First Intuition
First Intuition
Blog Post
  • What to do when you’re lacking confidence.   I received an email recently from a student who has just started her CIMA studies, saying that she is finding things difficult and lacks confidence. I have received countless emails like this over my 20 years of training accountancy students and i’m used to trying to reassure... The post What to do when you’re lacking confidence. appeared first on First...

First Intuition
First Intuition
Blog Post
  • MADC debrief for tasks 1-3   I recommend to all my students that they use the AAT’s sample assessments as part of their exam preparation; they are great practice for the exam.  Not only are they written by the same people who write the real assessments, but they also use the same software as the... The post Debrief on tasks 1-3 for Management Accounting: Decision & Control appeared first on First ...

First Intuition
First Intuition
Blog Post
  • How does this affect your studies? There is no immediate impact on the current ACCA qualification, however, with the changes taking place in September 2018 students will need to plan ahead with their studies. The ACCA are redesigning the Professional Level and from September 2018 it will become Strategic Professional. The changes aim to give students... The post 2018 ACCA syllabus changes appeared...

First Intuition
First Intuition
Blog Post
  • What are your biggest weaknesses? This is one of the questions that people dread the most, no-one wants to admit in an interview that they aren’t very good at anything. As a result people make one of two mistakes: We come up with “weaknesses” that we don’t think will impact the job that we are... The post Helping you to prepare for difficult questions in interviews- episode 2 appeared first on Fir...

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