Please forgive me if I am posting this query on the wrong forum
I graduated about 20 years ago (although with a not very good pass mark!), and now want to go into accountancy - my background is in office administration and credit control. I started on the AAT course about 6 months ago (as advised by the people at the AAT), with the aim of going onto studying the acca or cima.
However, recently I have heard that a graduate can start on the acca or cima straight away, without having to go through the AAT route? Is that true?
If so, do you think I have wasted the last 6 months or so, studying the AAT? If it is better for me to go on to the acca or cima straight away, then shall I drop the AAT course?
You will need to look on the relevant websites in the Exemption section.
Best bet is to give the ACCA and CIMA a ring to see where you stand. You may be surprised and get some form of exemption. I know some one who was granted exemption from a Law module of the ATT from a 1st year pass of ACCA or similar back in 1976 or so.
The AAT is a good course, but I did find it more geared to Industry rather than an accounting practice, however that was back in 2000 when I passed it so it could have changed.
If you have too then stick with the AAT, its has a very good grounding and covers all sorts of areas with some you may never need to use, but others that you will use day in day out.
It used to be the case that graduates could go straight onto CIMA and ACCA.
However, AAT is a very robust qualification, and depending upon your experience may actually give you a good grounding to go onto ACCA/CIMA with.
For example, if you went straight onto ACCA/CIMA, you may struggle with some of the more basic concepts.
You should also do some research as to whiether ACCA or CIMA would be better for you. ACCA is more flexible - practice, industry, public sector - although CIMA can be just as relevant.
I am on the certificate stage of the AAT. Do you think it is too early for me to try and get a job in finance/accountacy, without completing the full qualification?
The only relevant work experience I have is 10 years worth of credit control.