Series 2, Episode 9: Suspense Accounts & Error Correction

Nominated for a PQ Award!!!

Most education professionals underestimate the power of recognition — until they realize how a simple nomination can open doors and boost careers. When Dean Quartermaine was shortlisted for the prestigious PQ magazine’s Public Sector Accounts of the Year, it wasn’t just a personal milestone; it was proof that impactful teaching changes lives. In this heartfelt episode, Dean shares the behind-the-scenes story of his journey from dedicated educator to award-nominated professional. He reveals how recognition shapes careers, motivates educators, and amplifies their influence across communities. Dean also highlights the significance of supporting peers, whose work with student communities exemplifies real impact.

Community First: Shaping Content with Your Feedback

In this episode of "Debit Credit Done," Dean Quartermaine reflects on the journey of content creation over the past months and shares exciting plans for 2026. Join Dean as he discusses the importance of balancing work, life, and content creation, and how community feedback shapes the content he produces. Whether you're an AAT student or a content creator, this episode offers valuable insights and encouragement to pursue your goals. Tune in to discover how you can be part of a supportive community and share your own aspirations for the year ahead.

AAT Connect: Inspiring Journeys and AAT Impact Awards

Join Dean Quartermaine in this special episode of Debit Credit Done as he shares insights from the AAT Connect and Impact Awards 2025 in London. Discover the inspiring stories of industry leaders, the transformative power of AAT, and the importance of financial literacy in education. Dean reflects on his own journey, the impact of collaboration over competition, and the profound sense of belonging within the AAT community. Tune in for a heartfelt exploration of passion, purpose, and the future of accounting.

Series 2, Episode 9: Suspense Accounts & Error Correction

In this episode of Debit, Credit, Done! we dive deep into the theory of suspense accounts and error correction for AAT Level 3 Financial Accounting: Preparing Financial Statements. We cover: * Why suspense accounts are created * The difference between errors that affect the trial balance and those that don’t * The two-step process for correcting errors * Why suspense must always be cleared to nil * The most common AAT exam pitfalls Unlike previous episodes, this one is all about concepts and theory — no worked examples, just the core principles you need to understand for exams and real-world practice. 🎙️ Perfect for revision, refreshing your knowledge, and building exam confidence.

Series 2, Episode 8 – Control Accounts: Receivables & Payables

In this episode of Debit, Credit, Done! we break down Control Accounts, focusing on the Receivables Ledger Control Account (RLCA) and the Payables Ledger Control Account (PLCA). We’ll cover: * What control accounts are and why they’re important * The structure of RLCA and PLCA * Worked examples with credit sales, discounts, payments, and irrecoverable debts * How to reconcile RLCA and PLCA with the lists of balances * AAT exam tips to avoid the most common errors By the end, you’ll understand how control accounts act as a vital internal check and how to approach them in your AAT Level 3 exam. #AAT #Accounting #DebitCreditDone #ControlAccounts #RLCA #PLCA #AATLevel3