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AAT students to gain increased exemptions from ACCA professional qualification
Student members of the Association of Accounting Technicians' (AAT) Accounting Qualification will now be exempt from the preliminary stage of the ACCA (the Association of Chartered Certified Accountants) professional examinations.
AAT student members who have completed the AAT's Intermediate and Technician Levels and have registered for the Technician Level since July 2003 - or have taken their Technician exams under the UK's new National Occupational Standards in Accounting (examined for the first time in December 2003) - can now gain full exemption from Part One of the ACCA Professional scheme.
They will be able to benefit from faster completion of ACCA's professional qualification, which has seen record intake in recent years, averaging approximately 60,000 new students each year. Worldwide, ACCA now has 320,000 members and students in 160 countries.
Clare Minchington, Head of Education at ACCA, said: "Following an extensive assessment of the AAT qualification, we found it fulfilled the educational requirements for Part One of our Professional Scheme. The exemption was a 'natural progression'."
The AAT provides qualifications and professional membership for over 100,000 accounting technicians worldwide, helping them to develop relevant, practical accounting and finance skills throughout their working life.
Clare Morley, Director of Education and Training, said: "The AAT Accounting Qualification is a popular and well-established qualification recognised throughout the world. Its hands-on, practical nature provides an ideal platform from which to progress to ACCA study and we're delighted that the complementary skills of both courses will now offer increased opportunities for advancement and progression to our members."
Minchington added: "More and more people are choosing the ACCA qualification as it is widely recognised as a springboard to a successful career, wherever you are based. ACCA students benefit from our strong global relationships with local and multinational organisations, including governments. The scheme itself is a combination of study and practical experience and the syllabus a result of extensive research and consultation with governments, students, colleges and employers. ACCA looks forward to receiving more AAT student members into the scheme."
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