"AAT Qualification AQ2022 integrated with practical accounting training will help you boost your earning potential in the job market."
The Association of Accounting Technicians is a globally recognized organization that can provide benefits worldwide. AAT AQ2022 is the most popular accounting qualification with a high rate of employability and earnings. AAT qualified accountants are in several accounting positions of every company with a better salary package.
The AAT-qualified person with practical accounting training will get a job easily and be posted at a better salary without much experience in the field. Finally, At FC, AAT AQ2022 with practical accounting training is the best career option for those looking forward to starting earning from their career.
Key Takeaways
Introduction:
AAT is a recognized qualification for accounting and finance professionals. AAT provides global recognition, flexibility, and a pathway to higher-level qualifications making it a worthwhile investment for career advancement. Completing the program offers excellent earning potential and career opportunities with practical accounting training. Here are some important points to know.
- AAT is a globally recognized qualification
- The AAT qualification is recognized in over 90 countries worldwide.
- This makes it an ideal qualification for individuals who want to work in the UK or abroad.
- AAT leads to well-paid jobs
- AAT qualification leads to well-paid jobs in the finance and accounting industry.
- Salaries for AAT-qualified professionals can range from £22,000 to £50,000 per annum, depending on experience, location, and job role.
- AAT is a pathway to higher-level qualifications
- AAT is a pathway to higher-level qualifications such as ACCA, CIMA, and ACA.
- AAT qualification holders can also gain exemptions for certain modules of these higher-level qualifications.
- AAT is a flexible qualification
- AAT offers flexible study options such as part-time, full-time, and online courses.
- This makes it an ideal qualification for individuals who want to continue working while studying.
- AAT opens up a range of career opportunities
- AAT-qualified professionals can work in various roles, such as Accounts Assistant, Finance Manager, Payroll Manager, and more.
- AAT also provides a solid foundation for individuals wanting to become self-employed or start an accounting firm.
Conclusion:
In conclusion, the AAT qualification offers excellent earning potential and career opportunities for individuals seeking to pursue a career in accounting and finance. With its global recognition, flexibility, and pathway to higher-level qualifications, AAT is a great investment for individuals looking to advance their careers.
What Is AAT AQ2022?
AAT is one of the most well-known accounting qualifications. It is the Association of Accounting Technicians, which is well renowned internationally. It consists of three levels: Foundation, Advanced, and Professional, each of these courses will take around one year to complete. There are also Bookkeeping systems which could be a special 'short' qualification that takes certain subjects from Foundation and Advanced to make a Bookkeeping qualification.
You don't require any past qualifications or accountancy experience to start studying AAT AQ2022 with practical accounting training. Anyone who is a school leaver and career changer can begin this AAT AQ2022 qualification. We provide practical accounting training for all levels, and you can choose the study methods that suit your life: OnDemand, Classroom, Live Online, and Distance Learning.
How much can you earn with a Career in AAT?
Suppose you are planning to switch your profession to finance or are an experienced finance professional. In that case, an AAT qualification with practical accounting training can assist you in increasing your earning potential. These highly respected accounting qualifications can inspire managers because your financial abilities will assist you in reaching your career progression.
Each year, AAT distributes the results of their salary overview to demonstrate the value that their qualifications have. We've made this helpful information graph. Because of this, you'll be able to tell how much you may earn with an AAT qualification.
AAT accountancy and bookkeeping qualifications are the perfect way to start your finance career. Here are some indications about the AAT career status taken from online sources
- 77% of AAT students increase their earning potential
- 85% of AAT members feel secure in their job
- 76 % of AAT members are satisfied with their job
- 92% of self-employed AAT Licensed Accountants are happy with their job
Average Salaries by Job Level
The average salary of certain AAT jobs is provided below, from online job portals and job sites. These details were shown in figures. some changes because these are Average salaries of this Job level.
- The average salary of a Director /Senior Management is £46000 (AAT survey 2021)
- The average salary of a Middle Manager is £36000(AAT survey 2021)
- The average salary of a Junior Manager is £31000 (AAT survey 2021)
- Average salary of a Accounts/Finance officer £27000(AAT survey 2021)
- The average salary of an Administrator £20000(AAT survey 2021)
- The average salary of an Accounts /Finance Assistant is £21000(AAT survey 2021)
- The average salary of a team leader/supervisor is £28000(AAT survey 2021)
Average Salaries by AAT Membership
AAT AQ2022 qualified person's salary will be varying depending upon their job level and experience. As per AAT regulations, the Job packages include salary and more benefits also. During the year 2019, the survey conducted by AAT provides information about the Average salaries of Accountants depending upon their membership. Details as follows
- AAT Student - Average salary of those studying AAT is £22000
- AAT Full Members (MAAT) - Average salary of those who have completed the AAT Professional Diploma and become a Full AAT member is £29973
- AAT Fellow Members (FMAAT) - Average salary of those who have gained Fellow membership after being a Full member for five years is £38225
- AAT Licensed Accountants (Self-Employed) - Average salary of AAT members who are self-employed or run their accountancy practice is £52000
The AAT Salary survey report of 2021 shows that AAT members' average salaries are increased in every sector since the 2019 survey. It ranges from £21,000 for Level 2 and 3 students and a median figure of £40,000 for FMAAT members. Salaries for students have increased by 10%. The affiliate members' wages have risen by 4%, and MAAT and FMAAT members' salaries by 9%. 32% of members have received a bonus in the last year also.
It's clear to know that an AAT qualification can truly influence your finance career! Not as numerous AAT members report earning more, many are also more fulfilled within their role.
How are the AAT Qualified members affected with Covid 19?
As every industry, covid 19 affects the AAT members also. Salary and working hours of 24% of members are affected, and 76% doesn't affected by this pandemic. AAT licensed accountants are mostly affected by this pandemic. It involves the job satisfaction level and income of the AAT qualified members. By this covid 19, 16% of members face fewer work hours, but most members remain the same.
Satisfaction and Security at Work
The figures shown above indicate how the individuals categorized as students, full members, and self-employed are satisfied and feel secure in their job positions. The knowledge acquired through the AAT AQ2022 studies with Practical accounting training might contribute to satisfaction and security. With this AAT qualification and up-to-date information on their side, there is no wonder these students feel secure in their careers and happy at work.
AAT qualified members to feel job security. AAT members are positive about the benefits of these qualifications. Mostly 80% are happy with the course and increased their earning potential. Job satisfaction has also increased.
About the Methodology
This survey was conducted in March of 2021. Two online surveys were conducted in March 2021. First on with AAT students and affiliated and fellow members. Next is with AAT licensed accountants. AAT gained 14788 reactions from their members through their market inquiry about a partner, Caledonia Market Research.
AAT qualifications can be fulfilling for finance professionals, regardless of where they are in their careers. Studying for an AAT Diploma Certificate can boost your confidence in your job and your salary.
What Do AAT AQ2022 Courses offer?
AAT offers courses in accounting and bookkeeping across three levels - Foundation, Advanced, and Professional. You can choose the method that you can study that will depend upon your current accountancy knowledge and skills.
Here's a quick categorization of AAT's current qualifications:
- AAT Foundation Award in Accounting Software
- AAT Foundation Certificate in Accounting
- AAAT Advanced Diploma in Accounting
- AAT Professional Diploma in Accounting
- AAT Foundation Certificate Bookkeeping & Advanced Certificate in Bookkeeping
- AAT Accounting Fast Track
Gain the advantage of integrated AAT Accounts qualification courses in one package, which is more economical with our AAT Fast Track option, AAT Level 2 and 3 classes together.
What are the AAT exams?
At each level of AAT, you will have a few computer-based exams within the unit and synoptic assessments.
Unit assessments test what you've learned in that particular unit. Mostly they are multiple-choice questions but sometimes require written answers also.
Synoptic assessment test is what you've learned over a few of the units. They permit you to illustrate your new knowledge and skills by applying them to a real-world accounting scenario.
You must complete all the individual unit assessments before you sit the synoptic exam.
Here are the AAT Exams listed
- AAT Foundation Certificate in Accounting exams
- AAT Advanced Diploma in Accounting exams
- AAT Professional Diploma in Accounting exams
How much do AAT exams cost?
You'll expect to pay £90 for each AAT exam depending on which qualification you're studying for.
AAT exam expenses are often an additional cost on top of your course expenses, but a few course providers may include them in your course fees, So check with your training provider before enrolling.
AAT Exam Cost includes:
- Course cost
- AAT exam fees
- AAT exam center fees
- AAT membership for one year
- Exam booking service
AAT with Practical accounting training is the leading qualification for accountants. This accounting course is structured for getting more advanced knowledge in accounts and finance. The AAT qualification helps the members to get a high salary and job satisfaction. This article explains to you about the salary of AAT members according to their positions.
Conclusion
Future Connect Training is the best training provider offering top accounting qualifications. Accounting not only helps an enterprise to run its day-to-day activities smoothly but also helps in its future growth. At the same time, financial statements prepared by different accounting systems are used by various stakeholders to take economic decisions.
FAQs
Q.1. How did these AAT qualifications help in career progression?
Employers highly value AAT qualifications, and it opens a wide range of careers. Every company needs people who are better at accountancy and finances. Studying for an AAT qualification also helps you to make progress in your career fastly.
Q.2. Are the AAT exams difficult?
AAT level 4 is the hardest AAT qualification, but AAT is mostly based on practical learning. If you don't have any experience in accountancy, you can also succeed in these qualifications by your effort.
Q.3. Are the AAT qualified Accountants are Satisfied?
76% of employed members are happy with their job, and 81% of self-employed are satisfied. They are feeling secure in the job with this accounting qualification.
Q.4. Is the corona pandemic affecting the AAT members?
Yes, it affects the working hours and salaries of 9% of the members.