AAT Qualifications – Explained
KBM Training & Recruitment Ltd. (KBM) is an authorised provider of the Association of Accounting Technicians (AAT) qualifications. We, KBM are happy to explain the AAT Qualifications.
If you want to become an accountant, AAT qualifications are the best pathway for being a Chartered Accountant. AAT Professional Diploma Level 4 in Accounting will give you generous exemptions from ACCA and ICAEW.
AAT qualifications are a standard that employers trust. Professionals love AAT qualifications as it proves that the individual has relevant theoretical knowledge and practical skills.
We hope the following points will answer most of your questions:
What is the AAT qualification?
AAT stands for "Association of Accounting Technicians". AAT qualifications are one of the most in-demand accounting qualifications. AAT is working since 1980. It is a membership-based organisation offering accounting and finance qualifications worldwide. AAT equip professionals with skills that can support them secure senior positions in large organisations or run their businesses. AAT membership expects all its members to:
- Conform with AAT rules and regulations
- Remain keeping skills and capability up-to-date
- Offer high standard qualifications
- Spread awareness about the AAT and promote the expertise of professionals
- Offer proficient development and training to help professionals
What are AAT Levels?
AAT Qualification is one of the most liked accounting qualifications both by the students and businesses. AAT qualifications have four levels:
- Foundation level
- Advanced level
- Professional level
AAT Level 1: AAT Level 1 is an initial level without any exams requirement. You can start AAT Level 2 without appearing in AAT Level 1 if you have numeracy skills necessary for this level.
AAT level 2: AAT Level 2 Certificate will provide knowledge on the complete introduction to the fundamentals of accounting and its principles. You will learn how to work with computerised and manual. Computerised accounting includes knowledge and competence on software like Xero, Sage and Payroll. Glaring benefits:
- Ideal for beginners
- Route into employment
- Salary £19,000
- Stepping into level 3
- Learn essential skills
AAT level 3: Advanced Diploma builds your knowledge and understanding achieved at Foundation Certificate in Accounting Level 2. AAT Level 3 Diploma is an advance level of the AAT Qualification; through this, you will be taking one step closer to the full status of AAT Accounting Expert. This Level 3 qualification is suitable for individuals who are working on junior accounting jobs. Importance include:
- Mid-level qualification
- The way into a Higher salary
- Salary £25,000
- Stepping into level 4
- Advance skills
AAT level 4: On the AAT qualification route, the AAT Professional Diploma in Accounting Level 4 is the most advanced level. It includes a broad range of professional accounting jobs starting from drafting financial reports up to managing budgets. You will learn the areas such as auditing, tax, and credit control. Once you have achieved the Professional Diploma, you will be a fully-qualified accounting specialist with competence. Features include:
- Highest level qualification
- Way towards improvement
- Salary : £29,000
- Stepping into making and applying decisions
- Get AAT membership
How to Compare the AAT and the ACCA?
Here you can easily compare the AAT and ACCA.
AAT is the first step if you are going to become an accountant.
ACCA if for a professional accountant, it is an advanced qualification.
AAT Qualification is a practical level qualification.
ACCA qualifications need the professionally qualified level.
AAT is offering three accounting qualifications:
ACCA has 14 exams and a cumbersome study and syllabus book.
Work experience is not compulsory in AAT qualifications, but it becomes mandatory if you are pursuing the level 4 course.
The requirement of relevant work experience with the ACCA is a minimum of 36 months.
You need to complete AAT first to achieve your ACCA membership.
ACCA is the next level of qualification
How to achieve an AAT qualification?
AAT Qualifications develop highly wanted skills in accounting and finance at the heart of every business. Practical qualifications are meeting the demands of economics roles across all the industries, at all the levels.
What are the AAT Accounting Qualifications?
KBM is offering four AAT qualifications with specific durations between 6 and 18 months for completion. These qualifications provide training for a broad range of accounting and finance job roles, and worldwide professionals give respect.
- AAT Foundation Diploma in Accounting and Business Level 2
- AAT Foundation Certificate in Accounting Level 2
- AAT Advanced Diploma in Accounting Level 3
- AAT Professional Diploma in Accounting Level 4
What are the AAT Bookkeeping Qualifications?
AAT bookkeeping qualifications takes only 6 to 12 weeks to complete. These qualifications provide training for a broad range of bookkeeping job roles; also, worldwide professionals give respect.
- AAT Access Award in Bookkeeping Level 1
- AAT Access Award in Accounting Software Level 1
- AAT Foundation Certificate in Bookkeeping Level 2
- AAT Foundation Award in Accounting Software Level 2
- AAT Advanced Certificate in Bookkeeping Level 3
What is Business skills qualification of the AAT?
Certification in Business Skills qualification will give you a broader range of skills needed in every size of the business. This certification is a basic-level qualification for the individuals who are taking their first step into work.
This qualification is ideal for new individuals and those who are taking their first step in their career. As well as it covers the basic bookkeeping techniques and principles, you will gain a more comprehensive understanding of various business activities.
What is the AAT Qualification equivalency?
AAT Qualification has equivalence to accounting technical level qualification.
- Equivalence of AAT Level 2 is with the GCSE
- Equivalence of AAT Level 3 is with two A Levels
- Equivalence of AAT Level 4 is with QCF Level 4 qualification
What are the Career Pathway of the AAT?
AAT qualifications are internationally accepted and recognised, which offer substantial job opportunities in a range of industries. Once you are AAT qualified, within a few years, you can earn up to £38,000.
Careers choices after AAT Level 2:
When you complete AAT level 2, you are competent and capable to perform in any of the following job roles:
- Assistant Accounts
- Accounts Payable Clerk
- Accounts Administrator
- Trainee Accounting Technician
- Junior Accountant
Careers choices after AAT Level 3:
You are capable and competent to work on the following positions when you complete AAT level 3 successfully:
- Finance Assistant
- Credit Controller
- Audit Trainee
Careers choices after AAT Level 4:
Successful completion of AAT level 4 make you sufficiently capable of working on the following job roles:
- Tax Supervisor
- Payroll Manager
- Commercial Analyst
- Senior Finance Officer
What are the Benefits of Getting an AAT Qualification?
If you're pursuing a career in the accounting and finance field, AAT qualifications could be the ideal option. By learning the fundamentals of accounting with an industry-recognised qualification, you will have all the capabilities and skills you need to start your bookkeeping business. Studying the AAT qualification has the following additional benefits:
- You will achieve professional which are useful in every area
- You can use your internationally recognised qualification to work worldwide in more than than 90 countries
- Through further study, you could become a Chartered Accountant (CA)
- Whether it's tax, audit, or credit management, you could become an expert in these areas.