Are you ready to take the next step toward your career as an accountant? As an accountant, you will encounter many different financial scenarios and situations. As one of the primary roles of the position, you will be responsible for preparing the company's accounts, which can then be used to track company budgets and KPIs.
Even though specific responsibilities vary according to the industry, most accountants will be able to perform the following tasks:
- Tracking and examining company income and expenditure
- Running payroll and conducting audits
- Identifying and investigating financial risks or irregularities (including losses or suspected fraud)
- Advising on budgeting and making recommendations on how to increase profit
- Calculating tax owed and filing tax returns
The following will answer the most asked questions about AAT AQ2022. If you are interested in studying accounting qualification, you should begin by studying AAT with Future Connect Training.
Key Takeaways
Introduction: AAT (Association of Accounting Technicians) is the world’s leading professional body for accounting technicians, offering various accounting and finance qualifications. Future Connect Training is a leading provider of AAT courses and qualifications. Here are some frequently asked questions related to AAT qualifications at Future Connect.
- What are AAT Qualifications offered by Future Connect? Future Connect offers AAT courses from level 1 to level 4. AAT Level 1 is an introductory course, while AAT Level 4 is the most advanced qualification.
- What are study modes available? Future Connect offers both classroom-based and online courses. Online courses are flexible and enable students to study at their own pace.
- What are the entry requirements for AAT qualifications at Future Connect? There are no formal entry requirements for AAT Level 1, but for Level 2 and above, students must have basic accounting knowledge or an AAT Level 1 qualification.
- How long does it take to complete an AAT qualification? The duration depends on the level of the course and the study mode. AAT Level 1 can be completed in a few weeks, while Level 4 can take up to two years.
- How much do AAT qualifications cost at Future Connect? The fees vary depending on the course level and the study mode. Contact Future Connect for more information.
- What career options are available after completing an AAT qualification? AAT qualifications can lead to careers in the accounting and finance sector, including roles such as Accounts Assistant, Payroll Administrator, and Bookkeeper.
Conclusion: Future Connect offers a range of AAT courses and qualifications to suit the needs of students at all levels. With flexible study modes and career opportunities, an AAT qualification can be an excellent way to start or enhance a career in accounting and finance.
What Is AAT Qualification?
There are more than 130,000 members of AAT, a global body of accountants with a qualification recognised throughout over 90 countries. Students, professionals, and self-employed business owners are all members of AAT.
CIPFA, ICAEW, CIMA and ICAS are the chartered accounting bodies that support the AAT (Association of Accounting Technicians). The graduates of AAT are respected internationally and employed in several blue-chip companies, from junior to senior positions. You can receive exemptions from these examinations and advance in your career.
Why Study AAT AQ2022?
Students who are keen to know ‘what is AAT qualification’, should know that the AAT qualification AQ2022 is the best starting point for a career in accounting. The qualification allows you to gain all of the skills, such as, but not limited to, financial accounting, auditing, and taxation.
- At AAT Level 2 AQ2022, students learn basic to intermediate accounting skills.
- At AAT Level 3 AQ2022, students learn the concepts of double-entry accounting and managing accounts.
- At AAT Level 4 AQ2022, students learn taxation and the finalisation of accounts.
How Many Levels Does AQ2022 AAT Have?
As far as qualifications go, AAT consists of the following major types:
- AAT Accounting Qualifications
- AAT Bookkeeping Qualifications
- AAT Business Skills Qualification
- AAT Essentials
AQ2022 AAT Qualification:
Four accounting qualifications are available through AAT, each taking between six and 18 months to complete.
- Foundation Certificate in Accounting (Level 2)
- Foundation Diploma in Accounting and Business (Level 2) (16–19-year-olds only)
- Advanced Diploma in Accounting (Level 3)
Having this qualification can make you eligible for membership in the AAT bookkeeping qualifications board (AATQB)
- Professional Diploma in Accounting (Level 4)
AAT full membership (MAAT) can be achieved by completing this qualification.
AAT Bookkeeping Qualifications AQ2022
- 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)
AAT Essentials
The AAT Essentials training programmes include:
- Budgeting
- Finance for non-financial managers
- Making sense of financial documents
- Managing cash flow – keeping your business healthy
Future Connect training delivers these qualifications in London and Birmingham.
What Is AAT Qualification AQ2022 Equal To?
Accounting Technicians (AAT) are a group of accounting professionals with a recognised qualification. AAT qualifications are comparable to the access courses offered in the first year of university. The complete AAT will allow you to gain exemption from the ACCA, ICAEW, and other accounting bodies.
How much AAT qualified Earn?
To find the AAT salary survey, please visit
https://www.aat.org.uk/membership/salary-survey
Accounting technicians typically make £20000 for a level 2 AAT student to £37000 for a qualified MAAT. Many accounting technicians start their accounting firms and work for themselves. The more clients you engage, the greater your revenue potential.
How Much Does AQ2022 AAT Course Cost?
The cost of AAT varies from Provider to Provider. The average prices of qualifications are
- AAT Level 2 - £600 TO £1000
- AAT Level 3 - £1200 TO £1800
- AAT Level 4- £2000 to £ 2500
Duration of AAT Qualification:
Duration of AAT Qualification according to the level of qualifications
- Level 2 AAT – 6 months to 9 months
- Level 3 AAT - 8 months to 12 months
- Level 4 AAT - 12 months to 24 months
AT Future Connect training, we offer candidates the flexibility and convenience of an individualized schedule that suits their needs. We have intakes at all times of the year, and candidates can start the qualification at their own pace.
Jobs after AAT Qualification:
- Average salary by job level Average bonus by job level Base Salary
- Director/Senior Management £43,000
- Middle Manager £34,000
- Junior Manager £28,560
- Team Leader/Supervisor £27,000
- Accounts/Finance Officer £25,464
- Administrator Accounts/Finance Assistant £19,500
What are the benefits of studying AAT?
What is AAT qualification: AAT qualification is an alternative to university degree programs; therefore, students do not have to attend university. AAT qualifications come with a wide range of benefits; aside from being accepted into the elite club of accountants and bookkeepers, it gives you a starting salary of around £21600. As soon as you qualify, the opportunities are vast: you can work for a company, be self-employed, or become a managing director or finance director.
How Many Exams Does AAT Have?
You will need to pass all three levels of the AAT exam to become a full AAT member. If you are new to accountancy and have no relevant previous experience, the starting point will be Level 2. This translates into three levels:
- AAT Level, 2 Foundation Certificate in Accounting, has 4 Subjects)
- AAT Level 3 Advanced Diplomas in Accounting. it has 4 Subjects
- AAT Level 4 Professional Diplomas in Accounting. It has 5 Subjects.
As a member of AAT, you will qualify for an equally recognised qualification by local and international accounting bodies. AAT also works with many other accounting bodies and can obtain exemptions for AAT members.
How are the AAT exams conducted?
All assessments in this qualification:
- are set and marked by AAT
- are computer-based
- are time-limited
- are scheduled by training providers or review venues
- Take place at approved centres and venues under controlled conditions.
AAT Exam centre finder?
We have exam centres all around London,
- North London – Finchley Central (N3 2JU)
- East London – Mile End (E3 4TY)
- West London – Harrow on the Hill (HA1 1LJ)
- Birmingham – Hagley Road (B16 8QG)
What is AAT Qualification With Practical Training?
Future Connect training has a unique blend of academic and practical. We have mapped up the practical training with each level of AAT.
- AAT LEVEL 2 – Bookkeeping and VAT Training
- AAT Level 3 – Accounts Assistant and Management Accounts Training
- AAT Level 4 – Final Accounts Training
Why AAT at Future Connect Training?
- AAT accredited and approved training provider.
- Expert classroom-based support is available
- Practical accountancy training and AAT subjects are integrated to ensure you get the best of them.
- A dedicated e-portfolio to book your training, any time, seven days a week at our North, West and East London and Birmingham offices.
- Free e-portfolio to track your performance and activity milestones integrated into academic modules of AAT
- CPD Certification is essential to become an AAT Member with all AAT Levels.
- Weekend and evening classes are available.
- Three certificates from 1 course - 1 from AAT, one from CPD and one from XERO
- CV preparation, mock interview and Job hunting support are available
FAQs
Q.1. Can I start the next level of AAT after exams, or do I have to wait for the results?
There's no need to wait – make use of the extra time available by starting the next level immediately if you wish.
Q.2. Am I too old to study for the AAT course?
No, there is no age limit to studying this course. We already have students in their 50s and 60s looking for a bookkeeping or accountancy course so that when they retire, they have an occupation to keep them active and earn an income.
Q.3. Do the course fees include books etc.?
Depends on the options you choose. The course fee can include books and exam fees as well.
Q.4. Can I pay in instalments?
Yes, you can pay in instalments. Future Connect has many finance options. You can pay for each subject and even divide AAT payments as low as £50.
Q.5. Is it necessary for me to be working in accounts to be able to complete a course?
There's no question. Many students discover that the best route to accounting work is to study for a suitable qualification first. Employers then take their applications seriously - especially after they've passed a few exams.
Q.6. What is AAT qualification?
The AAT qualification starts an accountancy career for anyone with no previous experience. It consists of three levels – Foundation, Advanced and Professional.