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Post Info TOPIC: ACCA and AAt


Member

Status: Offline
Posts: 13
Date: Sat Feb 4 17:59 2012
ACCA and AAt
 


Hello,

I am currently studying for my ACCA qualification and on some of my colleagues said, that it would be good to have AAT qualification on my CV in the meantime (until I finish ACCA). What are are exemptions? I am on paper 7. Would that cover all the AAT and maybe more?

Thank you



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Forum Moderator & Expert

Status: Online
Posts: 4057
Date: Sat Feb 4 18:16 2012
 

Hi Vera,

you would think that it should wouldn't you as AAT gives exemption from F1, F2 and F3.

The actual rules are that you can become an AAT full member without taking the Accounting Qualification (AQ) if you are exempt from or have completed the following units of the ACCA Fundamentals (current syllabus, introduced December 2007):

- F1 Accountant in Business

- F2 Management Accounting

- F3 Financial Accounting

- F7 Financial Reporting

Plus at least one of the following units:

- F6 Taxation

- F8 Audit and Assurance

You must provide a reference, agree to uphold high standards of professional conduct, and commit to continuing professional development. You will also need to:

  • show that you've gained one year's relevant work experience (or the equivalent part time)
  • provide employer-verified confirmation of proven competence in specific areas
  • complete an online professional competence test (PCT) on key aspects of financial accounting, professional ethics and health and safety.

Hope that helps and welcome to the forum,

kind regards,

Shaun.



-- Edited by Shamus on Saturday 4th of February 2012 06:34:15 PM

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All responses are copyright and may not be repoduced or referenced in whole or part outside the forum. Answers given are for outline only and formal advice should be sought from a suitably qualified Accountant.



Member

Status: Offline
Posts: 13
Date: Sat Feb 4 18:42 2012
 

Shaun,

Thank you very much for your reply and welcome. That clears it up.

Really appreciate it.smile

Vera



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