How to nail… the AAT AVBK exam!
AAT AVBK – A bit of a facer? If you have recently finished your Level 2, you may find AAT AVBK (Advanced Bookkeeping) a bit of a facer: 90 recommended study hours? And what on Earth are Accruals? Or Prepayments? But do not worry, with a good study plan you will get there! My tip […]
Study AAT and save money with TOTUM
Study AAT and save money with exclusive offers and discounts with TOTUM powered by NUS extra! As an AAT student, you are able to purchase a student discount card which offers 100’s of discounts such as 10% off at the Co-op, 10% off at ASOS and 25% off Odeon student priced tickets. The student card […]
Spreadsheets…like Marmite?
In my experience, spreadsheets are like Marmite… For every person excited to use spreadsheets in the workplace, as well as at home (how else will you be able to keep track of who needs what at Christmas and how much it will all cost?!), there seems to be another person either frustrated by them, or […]
Strategy for the AAT Level 4 Synoptic Exam (PDSY)
We all have different approaches to taking exams and you may like to consider the following strategy for the AAT professional level synoptic exam (PDSY): This strategy assumes that you prefer doing calculations rather than writing about those calculations. The strategy also assumes that you want to maximise your marks per minute towards the beginning […]
What is AAT?
So, I have been thinking about writing a blog like this for a while to help those like you to decide if AAT is right for you and your career goals and help you face the fear of starting education again! Firstly what is AAT? Don’t worry, you aren’t alone if you don’t know what […]
AAT Level 4 Optional Units: Which 2 should you do?
We are often asked which of the 2 optional units to take at AAT Level 4… It’s a difficult question. You need to choose two from five optional units. The five units are quite diverse and allow you to make the AAT Professional qualification more relevant to your career aspirations. Students often ask which of […]
To Capitalise or Not to Capitalise (Expenditure)
Deciding whether or not to capitalise expenditure can be tricky… Almost two decades ago a telecom giant in the USA, Worldcom, fraudulently capitalised computer paraphernalia such as cables and memory sticks. Compare the two double entries: What was the effect of Worldcom’s approach? They didn’t debit an expense and were able to overstate their profit. […]
Struggling with AAT Variances?
Variances are often found difficult by AAT students. Here’s an analogy that may help you to understand them better. Eggsamine business decisions with variances: When my second son was very young we discovered that he was intolerant to gluten. As a family we enjoy baking and cakes, although not necessarily in that order. To accommodate […]
IAS18 est mort, vive IFRS 15!
IFRS 15 Revenue from contracts with customers IFRS 15 Revenue from contracts with customers is examinable in your AAT exams now, replacing IAS 18 Revenue and IAS 11 Construction contracts. The good news is that the while there are differences, the overall approach is not significantly different. The new standard tightens up on practice which […]
Self-Reflection – Ensuring Your Tomorrow Is Better Than Your Yesterday!
Reflections: Ensuring your tomorrow is better than your yesterday – and because of it. A number of the Accountancy Learning team attended an AAT event today, where there was much discussion on Apprenticeships. Part of the apprenticeship experience is self-reflection. However, self-reflection is not just relevant to apprentices and their end point assessment. It is […]
