Celebrating International Week of Happiness at

Celebrating International Day of Accounting with David Cameron, Vice President of the LCASS

International Day of Accounting is an annual celebration to commemorate the publication of Luca Pacioli's book on double-entry bookkeeping in 1494 which is the bedrock of modern day accounting. In the modern day, International Day of Accounting is about the appreciation of the crucial work Accountants do and the recognition of their importance for business longevity and success. This year, we caught up with David Cameron of EY's Restructuring Team and Vice Presidentof the Leeds Chartered Accountants Student Society (LCASS) to gather his advice for those in the early days of their accounting career and insights about all things ACA.Starting a Career in Accounting 1.What advice would you give to someone just starting their career in accounting?I would say the sooner you realise that all of the exams require a fair amount of work and can’t be blagged (no matter how easy you found A-levels or university), the better. ACA is tough but I think it is certainly passable for most people, as long as you put the work in. The next big piece of advice I would give is if you go into the initial mundane tasks, when you first start, with a positive can-do attitude, it goes such a long way. The people who go into tasks with that outlook often find they move onto much more interesting tasks, quickly. Finally, the last tip I’d give to anyone starting out in accountancy is start building your network straight away, not only will it benefit your career in the end when everyone climbs the ranks together, it is even more beneficial from a social point of view at the junior levels. People you meet at networking events will become your friends and just enhance your overall experience when you are starting out. 2.How can recent graduates make themselves stand out to potential employers?It sounds cliché but I think showing your personality in an interview and just being yourself is something people feel as though they shouldn’t do. I really believe that that’s by far the easiest way to stand out. The majority of applicants will also have a great CV, the way you will stand out is by the employer thinking that they will enjoy working with you every day. Picking an ACA Specialism 3.Can you share some insights on the different specialisms available whilst studying ACA?Audit and Assurance:Examining financial statements and processes to verify accuracy and provide confidence to stakeholders through regulatory compliance. Tax:Advice on tax planning, compliance or strategy, dependent on what department of tax you’re in. Transactions:This could be a role in Mergers & Acquisitions/Corporate Finance, Transaction Due Diligence or Restructuring. 4.How did you decide on your own specialism, and what influenced your choice?I work within the Restructuring service line and absolutely love it. I’d always had a big interest in how businesses work operationally, and Restructuring allows me to assist businesses through times of distress with the hope that we can help to provide a solution to save/improve the business. Being in the service line I am in, it has allowed me to think outside the box and use problem solving at work as there is never the same solution for each business in a time of crisis, with solutions ranging from running an accelerated sale process of the business to possibly refinancing its existing debt. What the ACA Has to Offer5.What are the key benefits of pursuing the ACA qualification?First and foremost, the comprehensive skillset you acquire through completion of the ACA qualification shouldn’t be overlooked as it allows you to apply knowledge you have learnt from topics/exams usually unrelated to your usual job role to situations where it is required or even personal situations. I believe that the practical work experience you gain (at least 450 days of practical work experience) whilst completing your ACA enables you to improve your technical skills at a far quicker rate as you are utilising knowledge you have learnt at work on a daily basis, to better your understanding of the technical aspects, something which you don’t get to do at university or school. I would say the largest benefit is realistically the career flexibility and opportunities it allows you to have access to. As mentioned above, there are so many different avenues that you can go down through having an ACA qualification. If you don’t like one role, you can quite easily try something different. 6.How does the ACA prepare accountants for the challenges both inside and outside of the profession?As touched on above, the comprehensive knowledge gained from an ACA qualification is fantastic and can be applied to so many different scenarios outside of an accountancy role, such as personal tax planning or even the strong financial acumen gained to assist with running your own business. ACA also of course reiterates the importance of ethical behaviour and integrity throughout your studying period which helps instil such traits into students. Learnings from this will help students make correct decisions at work or even in their own personal life when faced with difficult choices. Personal Journey into Accountancy 7.Can you tell us about your journey into accountancy and what inspired you to choose this career?I joined the EY Leeds Restructuring team back in 2020 via the school leaver programme. I probably got unlucky with the year I joined given we were in the midst of the pandemic, however, what I was certain of even back then was no matter what, I still just wanted to get into work rather than continue full time education. I was keen on the potential qualifications I would come out of university with; however, I knew that I had always much preferred working throughout school than the education side of things. I was drawn to the Restructuring apprenticeship due to the element of problem solving involved and the opportunity to leverage commercial skills. Admittedly, I wasn’t overjoyed about the prospect of 15 ACA exams, however, I knew the end goal was worth it and provided some incentive. Four years later and I have completed my ACA and my apprenticeship. I’d recommend this path to many, for the experience and level of qualification I’ve been able to obtain by such a young age, coupled with the opportunity to meet so many people that will be mates for life. 8.Looking back, is there anything you would have done differently in your career path?Nothing I would change that’s in my control. It would’ve been ideal to have joined at a time outside of the pandemic as it did effect the social side of things for the first year or so. To find out more about the ACA click here.Looking for your next career move in finance or accountancy? At Sharp Consultancy, our expertise lies in matching your potential with the perfect temporary, interim, or permanent position. With a well-established presence in Leeds and Sheffield, our seasoned team of consultants extends their services across Yorkshire and beyond. Don't wait for opportunity to knock, reach out to us TODAYand let's chart your career path together.

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The International Week of Happiness at Work is a globally recognised event that highlights the significance of creating a joyful and fulfilling workplace.

This celebration isn't just about colourful balloons and office parties—it's about fostering an environment where employees feel valued, motivated, and genuinely happy to come to work each day. In this article, we’ll explore why happiness at work is crucial and provide practical tips on how employers and managers can celebrate and enhance happiness in their workplaces.

Why is Happiness at Work Important?

Increased Productivity

Research consistently shows that happier employees are more productive. A positive work environment boosts morale, leading to increased motivation and efficiency. Happy employees are more engaged, less likely to take sick days, and more inclined to go the extra mile.

Enhanced Employee Retention

A workplace that prioritises happiness tends to have lower turnover rates. When employees feel appreciated and satisfied, they are more likely to stay with the company, reducing recruitment and training costs for employers.

Improved Mental Health

Promoting happiness at work also has significant benefits for employees' mental health. A supportive and positive work environment can reduce stress and prevent burnout, leading to a healthier, more balanced life for employees.

Better Team Collaboration

Happiness creates a sense of camaraderie and teamwork. Employees who are happy at work are more likely to collaborate effectively, share ideas, and support one another, leading to a more innovative and successful company.

How to Celebrate the International Week of Happiness at Work

Here are some actionable tips to help you celebrate this important week and promote happiness in your workplace:

1. Recognise and Appreciate

Take time to recognise and appreciate your employees' hard work. Whether it's through verbal acknowledgement or formal rewards, showing gratitude to your employees can significantly boost morale.

2. Create a Positive Environment

Ensure that your workplace is welcoming and comfortable. Invest in good lighting, ergonomic furniture, and add some greenery to create a pleasant atmosphere. A clean, well-organised workspace can greatly impact an employee's mood and productivity.

3. Encourage Work-Life Balance

Promote a healthy work-life balance by offering flexible working hours, remote work options, and encouraging regular breaks. Support your employees in maintaining a healthy balance between their professional and personal lives.

4. Offer Professional Development Opportunities

Invest in your employees' growth by providing opportunities for professional development. This could include training sessions, workshops, or even funding for further education. When employees feel that they are growing and advancing in their careers, it increases job satisfaction.

5. Host Fun Activities

Organise activities that allow employees to unwind and have fun. This could be anything from team-building exercises, office games, or social events. These activities can strengthen bonds between colleagues and create a more enjoyable work environment.

6. Listen and Act

Create way for employees to voice their opinions and concerns. Regular feedback sessions and surveys can provide valuable insights into what makes your employees happy and what could be improved. Be sure to act on their feedback to show that their voices are heard and valued.

Conclusion

The International Week of Happiness at Work is a wonderful opportunity to reflect on the importance of creating a happy workplace and to take actionable steps towards achieving it. By promoting happiness at work, employers can foster a more productive, engaged, and fulfilled workforce.

Remember, a happy employee is not just an asset to the company; they are the heart and soul of an organisation. Celebrate this week by making lasting changes that prioritise employee happiness, and watch your workplace transform for the better.

Are you looking to strengthen your team with top-tier finance and accountancy professionals? At Sharp Consultancy, we excel in connecting your business with exceptional talent for temporary, interim, or permanent roles. With our well-established offices in Leeds and Sheffield, our experienced consultants are dedicated to serving businesses across Yorkshire and beyond. Don't leave your recruitment needs to chance—contact us TODAY and let's find the perfect candidates to drive your business forward.

Resources:

Happiness at Work - International Week of Happiness at Work

​The International Week of Happiness at Work is a globally recognised event that highlights the significance of creating a joyful and fulfilling workplace.