PQ Magazine

PQ Magazine PQ Magazine for part qualified accountants. Free publication (on request) with accounting news, acco

New PQ magazine is out today!Your Brand-new PQ magazine has landed, and you can read all the latest news at:https://issu...
15/08/2025

New PQ magazine is out today!
Your Brand-new PQ magazine has landed, and you can read all the latest news at:
https://issuu.com/pqpublishing/docs/pq_magazine_september_2025
We hope you liked the front cover and our homage to the Maurizio Cattelan ‘Comedian’ artwork. We haven’t put our art up for sale, but if you want to bid for it then drop PQ a line!
In this issue you can read about everything from ChatGPT getting the merger of ICAEW and CIPFA totally wrong, how you can stop child trafficking, and the PESTLE model.
We have tips for the ACCA September exams, and exam results from CIMA, CIPFA, and ICAEW too.
We also explain why you should schedule your exams for noon, and be wary of the increase in scam job sites.
And, read all about accountant Stephen Day, who stars on BBC’s Fraud Squad!
Don’t forget to sign up for our live online roundtable on unlocking the power of AI on Wednesday 8 October. Just go to: https://shorturl.at/WAH64.
Happy reading.
We aim to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

The August issue of PQ magazine is out – remember you are not alone, we are on your side!Where else can you read about P...
06/08/2025

The August issue of PQ magazine is out – remember you are not alone, we are on your side!
Where else can you read about PQs shunning the corporate world, graduates jobs being replaced by AI, and more fines for the Big 4 for exam cheating (this time in the Netherlands).
Read a magazine that is free and accessible online, which speaks directly to students: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
The August issue takes a look at how Donald Trump’s stance on ESG is directly affecting corporate America, we explain how integrating practice is crucial to exam success, and associate professor Catarina Hyde delves deep into M&S’s strawberries and cream VAT sandwich dilemma.
We also reveal what you need to know about IFRS 18, why you undertake a SWOT analysis of your study plans, and ask why the word community has disappeared from accounting textbooks.
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

How do you study?So, have you done a SWOT analysis for your study plans? Top tutor Karen Groves believes identifying you...
04/08/2025

How do you study?
So, have you done a SWOT analysis for your study plans?
Top tutor Karen Groves believes identifying your strengths, weaknesses, opportunities, and threats is a great starting point for what lies ahead!
The SWOT analysis will help you develop a plan of action, but that plan must be something that stays fluid. Read more on page 28 of the latest issue: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

ChatGPT gets it wrong about latest accountancy merger!The announcement of real merger talks between CIPFA and ICAEW has ...
31/07/2025

ChatGPT gets it wrong about latest accountancy merger!
The announcement of real merger talks between CIPFA and ICAEW has been coming. CIPFA has been living in sin with ICAEW at Moorgate Place for quite a while now, so tongues were already wagging.
PQ magazine decided to ask ChatGPT about past mergers and we were shocked to read about the last attempt in 2005. We were initially told that CIPFA members rejected the merger idea outright and the AI explained at the time CIPFA members argued their unique focus on the public sector would be lost in a larger corporate-dominated body. Another fear was as a junior partner CIPFA would not be setting the real agenda and culture.
That meant ICAEW members never got to even vote for the merger.
That all sounded plausible, but it just wasn’t correct!
We had to tell ChatGPT to read the PQ magazine stories at the time!
The truth is CIPFA members were overwhelmingly supportive of the merger, and they voted 86.7% in favour.
However, ICAEW members voted 65.7% for the merger, but the threshold for moving forward was 66.7%, so the merger failed by just one percentage point.
Both bodies signed a memorandum of understanding, but as we explained at the time this just fizzled out and did not result in any formal merger.
Now, here we have a prime example of how ChatGPT can get it wrong. We have corrected it, so anyone reading about the failed 2005 merger will know what actually happened, rather than read an ‘hallucination’!
But ChatGPT isn’t wrong all the time. We asked it about magazines for accountancy students and it said: “PQ magazine is a standout resource for accountancy students and part qualified professionals. It is widely regarded as the most accessible and practical magazine tailored to exam preparation and student life.” Spot on ChatGPT we say!
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

CIPFA and ICAEW to ‘get even closer’! CIPFA and ICAEW have signed a new Head of Terms agreement, which sets out the stra...
30/07/2025

CIPFA and ICAEW to ‘get even closer’!
CIPFA and ICAEW have signed a new Head of Terms agreement, which sets out the strategic direction for a potential merger between the two chartered bodies.
Under the agreement CIPFA would formally join the ICAEW group but retain its distinct brand, legal identity, charitable status, and operational independence.
Read the full story at www.pqmagazine.com
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine while you are there!

CIPFA’s Student Network – alive and strongYou can meet CIPFA’s new Student Network President, Susanna Farrell, in the la...
30/07/2025

CIPFA’s Student Network – alive and strong
You can meet CIPFA’s new Student Network President, Susanna Farrell, in the latest PQ magazine.
She has chosen three key themes for the coming year – outreach, representation, and opportunity. Her aim is to create a real community for CIPFA students everywhere, building on the network’s past successes.
Check out her vision on page 27: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

AATs – remember first things first… When you start a new paper AAT students need to take a look at the exam/practise ass...
28/07/2025

AATs – remember first things first…
When you start a new paper AAT students need to take a look at the exam/practise assessment before they do anything else, says e-Careers leading expert Karen Groves (pictured).
Read more of her sage advice on page 6 of the latest issue: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
Groves has also written a piece on how SWOT analysis can improve your approach to studies on page 30 of the latest issue too.
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

ACCA PQs – it’s time to ‘get practising’!If you want to maximise your chances of exam success, then integrating practice...
28/07/2025

ACCA PQs – it’s time to ‘get practising’!
If you want to maximise your chances of exam success, then integrating practice into your prep is key.
See how you can increase your chance of passing by 13%. Check out more on page 21 of the latest issue: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

Photographic evidence seals the case! ACCA trainee Naveed Hussain of Melbourne, Australia has been removed from the stud...
28/07/2025

Photographic evidence seals the case!
ACCA trainee Naveed Hussain of Melbourne, Australia has been removed from the student register and fined costs of £7,000 for taking pictures of his exam and then sharing them!
The evidence came to light after a whistle blower sent the ACCA 32 photographs they had been sent from a recent FA2 Maintaining Financial Records exam.
Read the full story in the latest issue: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

CIMA PQs – revitalise your exam approachCIMA has a new support resource for PQs who did not get the exam results they we...
26/07/2025

CIMA PQs – revitalise your exam approach
CIMA has a new support resource for PQs who did not get the exam results they were looking for – ‘Revitalise: your guide to regaining exam confidence’.
It’s a bit of a self-diagnosis tool to help those on their CGMA journey regain their exam confidence.
Find out more on page 30 of the latest PQ magazine: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

ESG – time to future-proof your career!For those starting out on their accountancy journey ESG awareness isn’t just a bo...
26/07/2025

ESG – time to future-proof your career!
For those starting out on their accountancy journey ESG awareness isn’t just a box to tick – it’s the corner stone of future-proofing your career, says the founder of the ESG foundation, Clive Booth.
In the latest magazine: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025, he explains how Donald Trump’s stance on ESG has impacted US growth.
Check out what he says about Disney, BlackRock and Unilever, to name just a few of the players.
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

It pays to get ACCA qualified now!One of the big changes in the ACCA ‘redefined’ syllabus (being introduced in 2027) is ...
23/07/2025

It pays to get ACCA qualified now!
One of the big changes in the ACCA ‘redefined’ syllabus (being introduced in 2027) is the reduction in the number of optional papers students will need to pass.
Instead of the current two, under the new rules students would only have to pass one optional paper.
But PQs should not wait around to get qualified, as it is costing you money staying a PQ - in fact, you could be £19,000 better off by getting qualified!
Find out how in latest PQ magazine (the story is on page 5), out now: https://issuu.com/pqpublishing/docs/pq_magazine_august_2025
PQ magazine - always first with the news! We aim to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com

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