Take 10 Minutes to Get Started With AAT or ACCA
"Get the right answers for your question on choosing AAT or ACCA accounting courses. Future Connect Training is a premier training provider for accounting courses."
Table of Contents
- AAT vs ACCA
- "AAT Meaning"
- "ACCA Meaning"
Accounting is all about statistics and handles financial statement analysis, audits, making financial statements, and tax issues. So if you are good at working and handling numbers, becoming a certified public accountant can be a great career choice. Both ACCA or AAT recognised by managers far worldwide, and it can be hard to adopt which accounting course is right for you, AAT or ACCA. However, the two qualification pathways are different in many ways and suit, unlike kinds of people. So, what’s suit for you, AAT or ACCA? Your prior qualifications and experience often decide the courses accessible to all of you. If you’re just starting in bookkeeping career, you might go for AAT to start at the next level.
AAT lets you take your first steps into bookkeeping. The level 2 certification in accounting will arm you with simple accounting skills and knowledge, from costing, double-entry bookkeeping to computerised accounting.
ACCA is aimed at those with some earlier qualifications. To start the practical knowledge level, you will have to achieve at least two levels and three GCSEs.
When selecting which accounting qualification to get training, it is important to know the current position of the applicant. It all depends on the current academic status of the separate and their eventual goal. Both educations are valuable to your future career path. AAT training is an entry-level qualification that was set up to inspire students in learning to account.
The Association of Accounting Technicians is on the trusted bookkeeping bodies in the UK. AAT qualification aims to train students with the necessary skills and understanding to assume the role of an auditor/accountant within any organisation. AAT is covered with three accounting qualifications levels: foundation certification, professional diploma and advanced diploma. It also comprises short courses which teach students accounting skills. After a brief overview of “AAT meaning” take a look on the syllabus. AAT provides a variety of courses, which include:
AAT Accounting Qualifications:
- Foundation Certificate in Accounting -Level 2
- Foundation Diploma in Accounting and Business -Level 2
- Advanced Diploma in Accounting -Level 3
- Professional Diploma in Accounting Level 4
AAT Bookkeeping Qualifications:
- Access Award in Bookkeeping -Level 1
- Access Award in Accounting Software -Level 1
- Foundation Certificate in Bookkeeping -Level 2
- Foundation Award in Accounting Software -Level 2
- Advanced Certificate in Bookkeeping -Level 3
AAT Business Skills Qualification:
- Access Award in Business Skills -Level 1
- Finance for non-financial managers
- Current budgeting and cost control
- Financial recording update
- Creating a sense of financial documents
- Management reporting for modern-day finance;
- Strategic management bookkeeping
- Managing cash flow - keeping your business healthy
- Tax update
Some of the careers associated after completing this qualification are:
- Assistant Auditor
- Commercial Analyst
- Cost Accountant
- Payroll Manager
- Indirect Tax Manager
- Professional Accounting Technician
- Senior Bookkeeper
- Assistant Financial Accountant
- Senior Fund Accountant
- Senior Insolvency Administrator
- Accounts Payable and Expenses Supervisor
After AAT, take the next step with ACCA!
The association of chartered certified accountants is abbreviated as ACCA is a body of qualified accountants. Headquarter of this is in the UK. It is the best international accounting organisation in the world. The ACCA course is accepted, with over 200k members and 500k students across the world.You can get the ACCA qualification by passing a set of exams. This qualification is highly required in fields like consulting, banking, finance, management, and accounting.
The ACCA exams consist of:
- Applied knowledge with accounting techniques
- Practical skills develop strong, extensive and practical finance required of a future tactical professional accountant in any zone or industry.
- Strategic expert in developing strategic thinking
If you’re AAT capable and looking to become a chartered certified bookkeeper, then look no more than the ACCA qualification. The ACCA qualification prepares students to become qualified accounting specialists with a broad understanding of current accounting practices, tools and techniques. ACCA qualified specialists are recognised globally, making it easier to get jobs with top accounting firms and other organisations. The ACCA exam is comprised of 14 papers. Each one is categorised into four groups and three levels. Students of ACCA course will study the following modules:
The ACCA Knowledge Level is the preliminary level for ACCA, which is like in academic standing to AAT level 4. Three papers are presenting the core elements of accounting and laying out the basic understanding needed for further study at higher levels. This exam may be taken on the student’s choice.
The ACCA Skills Level continues at a basic level. It comprises of six papers which cover the core topics essential of a professional accountant including accounting, tax, audit, law and financial bookkeeping. These are taken at one of four meetings spread throughout the year, and it is ordinary for a student to take a paper.
The ACCA Essentials Level is the step towards a professional level contains two papers and covers the core subjects of policy and corporate reporting. At this level, the type of exam needs more depth of answer comprising analysis and evaluation. Again, this exam is taken at one of four sessions a year.After completing the ACCA qualification, there are huge chances to get a better and senior position in top firms. So, if you want to work for an organisation, there are numerous ACCA jobs to choose from too.
- Financial Accountant
- Corporate treasurer
- Management accountant
- Assistant accountant
- Finance manager
- Financial controller
- Tax specialist
- Forensic accountant
- Chief financial officer -CFO
After analysis of AAT vs ACCA, we conclude that professional certification is very valuable to get a proficient job. Enjoy your studies, either AAT and ACCA.