The Association of Accounting Technicians exam is one of the leading professional exams for accountants worldwide. It is an accounting qualification providing a platform for young and passionate individuals to define their career paths beforehand in advance. Students who qualify the AAT exam can easily get a hand on top-notch positions in multi-international firms being evaluated based on their performance and professional experience. You can research and get to know about the AAT course through diverse platforms.
Read ahead to learn more about the levels to study an AAT program:
This professional exam comprises of four main levels to qualify for this membership.
1.The introductory AAT access level 1 course exam consists of a basic understanding of the accounting and finance principles, concepts, and skills. AAT qualification is based on four exams and one has to clear them in a strategic way for moving on to the next one. This level is considered as the entry-level step to gain the AAT membership and to pursue a career in finance. Just after gaining this qualification, a new world full of possibilities opens up right in front of you. Individuals just have to be 16 to be eligible for this level of AAT qualification with no pre-requisites.
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2. The foundation stage of AAT qualification is also known as the level 2 exam. This level focuses on different aspects of the accounting industry including the estimation principles, double-entry bookkeeping, handling of accounting software, and many other related concepts. It is a professional training to impart students with communication and business skills.
3. The intermediate stage or level 3 of AAT is a great chance to acquire the AAT diploma in accounting through a globally recognized accountant body. Students with an accounting background are exempted from certain levels per the requirements of the different stages of AAT. This level focuses primarily on complex accounting principles, disciplines, and skills including the code of ethics for accountants, trial balances, double entry systems, final accounts, credit control practices, advanced bookkeeping, and others. Students directly jump into this level with a proper comprehension of the subject.
4. The final and most advanced stage or the level 4 exam of AAT focuses on higher accounting practices with a solid theory foundation attained from the previous two levels. It includes the practices involved in the cash management, formal preparation of accounts, evaluating financial performance, credit management, personal tax, external auditing, treasury management, business tax, managing budgets, and drafting financial statements.
After the qualification of all the four-level of the AAT exam, you will validate your advanced skills in accountancy and become an AAT affiliate member. Employers all around the world seek AAT qualifiers to lead their businesses to success. So, if you consider the option of studying the AAT course, start preparing for it from the very basic level and solidify your understanding of the key areas associated with this exam. This qualification is not about how intelligent you are but rather, how hard you can work and practice to gain expertise in your subject area.