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Report Thread starter 5 years ago

First time poster and need help regarding the above,

I have an A level in Accountancy/Business/Economics from College
I also have a non accountancy related degree (with finance modules) from University.
I am currently working in a ICAEW chartered practice doing a variety of accounting work.

I am looking at the AAT - ACA fast track,

Would i need to complete the AAT level 3 to claim all exemptions? or can i claim them with just the AAT level 4?

Both myself and my employer think that I would suit the AAT level 4.

However when looking on the icaew website, its confusing as to what exemptions i can get from only doing the level 4 qualification.
  • Level 3 Accounts Preparation
  • Level 3 Prepare Final Accounts for Sole Traders and Partnerships
  • Level 4 Financial Statements
  • Level 4 External Auditing
Business and Finance
  • Level 3 Professional Ethics
  • Level 3 Cost and Revenues
  • Level 4 Financial Performance
Management Information
  • Level 3 Cost and Revenues
  • Level 4 Budgeting
  • Level 4 Financial Performance
Principles of Taxation
  • Level 3 Professional Ethics
  • Level 3 Indirect Tax
  • Level 4 Personal Tax
  • Level 4 Business Tax
e.g. for management information, I will have completed budgeting and financial performance through the level 4 AAT, however i will not have completed cost and revenue from the level 3. Would I still have the full exemption from Management information?

I hope this makes sense.

Thanks in advance.

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