How far do you want to go in accounting? What we’re going to look at • Introducing AAT • Where could AAT take you? • The AAT Accounting Qualification • Support from AAT • Full membership and progression opportunities • Life after qualifying Sian Parkin, AAT student member, PKF Who are AAT? Association of Accounting Technicians • A professional membership body. • Providing qualifications for those working, and looking to work at all levels of accounting and finance. • All learning and assessment areas will be assessed by some form of computer based assessment (CBA). • 120,000 members worldwide – 70,000 student members – 50,000 full and fellow members Why study the AAT qualification? Maximise your potential • Develop skills and progress your career • Relevant and widely respected • Flexible studying, open to all • Gain an internationally recognised and respected qualifications • You’ll be worth more to your current and future employers • Support throughout membership Ian Grant, AAT student member, Morrisons Where else could AAT take me? As Asan anAAT AATmember memberininpractice practice As an AAT member in practice Gain Gainexemptions exemptionsfrom fromfirst firststage stage Gain exemptions from exams: first stage chartered accountancy chartered accountancy exams: chartered accountancyICAS, exams: CIPFA, CIPFA,ICAEW, ICAEW,CIMA, CIMA, ICAS,ACCA ACCA CIPFA, ICAEW, CIMA, ICAS, ACCA AArewarding rewardingcareer careerhelping helping A rewarding career helping others develop their careers others develop their careers others develop their careers Gain Gainexemption exemptionfrom frompart partofof Gain university exemption from part of some some universitydegrees degrees some university degrees AAT qualification: open access • Available to all, whatever your age, previous qualifications or experience. • Students are required to have a basic level of literacy and numeracy. • AAT qualifications are ideal for those just starting out in the workplace. AAT qualifications are designed to give you the broad range of skills required in accountancy Level 2 Level 3 Level 4 Ideal for • school-leavers, • returners to work • those who have not studied for a while • those with previous accountancy/finance experience • relevant A-level qualifications • confident at starting at a higher level • someone with advanced knowledge and skills (such as an Accounting degree) Covers The principles of double-entry bookkeeping Advanced bookkeeping skills • purchase and sales ledger • preparing initial trial balances • general skills for the workplace • depreciations, prepayments and accruals Skills in cost analysis, resource allocation, forecasting and budgetary planning • analysing costs and revenues • limited company accounts • final accounts for sole traders and partnerships • managing people and systems within the workplace • Options: Taxation (personal and business), Credit control, Auditing Follow our steps to success Read our student guide • Familiarise yourself with the course outline and take a look at some of our success stories. • Full details of the AAT Accounting Qualification can be found on page six of our guide. Getting started Register with AAT by: • completing the form in your Student Guide • online via the AAT website aat.org.uk/join Training provider registration • Your chosen training provider can advise you on how to enrol with them. How long does it take to qualify? • Study at a pace to suit you. • Take our computer based assessments whenever you feel ready. • With previous experience and qualification(s), training can take two years or even less. • It is possible to take a break from your training. Assessment methods Computer based assessments • Test your knowledge and understanding. • You will sit assessments when you are ready, as agreed with your training provider. Or, in some cases, workplace evidence • Evaluate your practical abilities, like processing data using a PC. • Skills tests take place throughout the year. From an AAT student Mark Lyon, AAT student member, Proctor & Gamble Help from your employer There are a number of ways your employer can help you get the most from the course. • Match your workload with your studies so you can put the theory into practice. • Provide a mentor or appropriately experienced member of staff who can answer technical questions. • Provide study leave to revise for assessments. • Provide financial support for the course and study materials. How will the AAT help me? Membership support • Dedicated Membership Support team works to ensure you are supported in your training and development. AAT branch network • Offers excellent opportunities to supplement your learning. AAT website • Hosts a range of support materials to help you as you progress through the qualification AAT website Student resource centre Dedicated student member area offers a wealth of training and career advice. – Study zone – study, revision and exam tips – Practice papers & guidance from assessors – including model answers and Chief Assessor’s reports – Guidance notes – for all units – Discussion forum – share ideas and swap advice – Career advice – including CV and job hunting tips Regular magazine Accounting Technician magazine • Sent to all student members, includes: – – – – – Study Zone (related to course units) Feedback on assessments Career opportunities Accountancy news and technical articles AAT updates and membership information Online version • Searchable archive of technical articles • Unique news and articles • Up to the minute jobs database Careers in accountancy AAT opportunities • AAT members can be found worldwide across all sectors • Accountancy jobs can be found at AAT-jobs.co.uk • UK’s largest and best known organisations recruit and train staff with AAT including: NHS, HMV, Sky, MoD, Morrisons, KPMG • Progress to various roles including: – Purchase Ledger – Finance Manager – Sales Ledger – Executive Support Manager from a qualified AAT member Mark Wong MAAT, KPMG You’ve qualified - so what’s next? After 12 months relevant work experience, you can apply for professional AAT membership. • Designatory letters MAAT after your name. • Study for a higher education degree. • All UK accountancy bodies offer generous exemptions to holders of the AAT Accounting Qualification. from a qualified AAT member Myra Geater MAAT, Vodafone The AAT qualification - summary Key benefits • Offers relevant, practical accounting skills for life. • Recognised and respected by employers in all sectors. • Internationally recognised. • Based on up to date, agreed standards of competence - so you can be assured of its quality. You’ll be worth more with AAT