Originally ICAN in partnership with ABWA conceived this scheme to be a platform for chartered accountancy aspirants without degrees to attain the ACA qualification after undergoing what it called TECHNICIAN EXAMS. Times have changed though. Now the AAT certification is sought out for many different reasons. The minimum entry qualification for the exams is just the SSCE! So everyone could aspire to become AAT holders. But the question now is… Why would I want to be an AAT if I am a non -accountant?
•I AM IN A RELATED FIELD (LAW, ESTATE VALUATION, QUANTITY SURVEYOR ETC)
If you are a law student who wants to work as a career tax practitioner, it should not come as a surprise to you that the LL.B will not give you the full knowledge you need. The tax covered at law school focuses on cases & statute, but lacks in depth treatment of computations and returns. The AAT will give you the latter.
If you are an estate valuer/ manager, then it should not come as a surprise to you that you are in a stewardship position and so must account to your master. The AAT certification will ground you on the nitty -gritty of accountancy required to maintain both own records and records of clients.
A Quantity Surveyor is basically part of the extended accountant family. You are experts of costing and advisory services pertaining to construction contracts. Apart from your BESMM4, you should know your work product must also conform to IFRSs (IAS 11: CONSTRUCTION CONTACTS in particular). AAT will help make the accounting part of your job easier for you to perform.
•YOU OWN A BUSINESS
Every business owner knows, at least by instinct, that records keeping is essential for performance evaluation of business. But if you want to have both instinct & knowledge. Do AAT program.
•YOU WANT TO BE A CHARTERED ACCOUNTANT BUT YOU DON’T HAVE A DEGREE
It will interest you to know that after induction as an AAT member, you are allowed to write just only 9 papers(two stages) in ICAN to qualify as a chartered accountant without a degree!! Holders of degrees are made to sit 16 papers.
Any questions can be posted as comments. I will speedily reply! Cheers!