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Latest posts from the AAT Comment blog

Your Spring Statement 2025 reaction
Here's how accountants and bookkeepers feel about the economy and public finances following Labour's announcement. The post Your Spring Statement 2025 reaction appeared first on AAT Comment.
AAT sanctions for AML breaches
AAT imposed sanctions against 75 supervised firms for Anti-Money laundering breaches in 2024, with monetary fines amounting to around £170,000 altogether. The post AAT sanctions for AML breaches appeared first on AAT Comment.
A complete practice guide to Customer Relationship Management (CRM) software
Here’s everything you need to know about CRM systems. The post A complete practice guide to Customer Relationship Management (CRM) software appeared first on AAT Comment.
Making the most of the apprenticeship levy
Amid a tightening labour market and mounting skills shortages, apprenticeships have emerged as a cornerstone of workforce development. But the system has been underutilised. The post Making the most of the apprenticeship levy appeared first on AAT Comment.
How to partner with AI as an accountant
John Toon explains how his interest in technology led from studying AAT to his Strategist role. The post How to partner with AI as an accountant appeared first on AAT Comment.

Students

General Qualifications 2022 discussion
Here you may discuss Qualifications 2022 as a whole, rather than any specific Level or unit.
AAT Level 2 Certificate in Accounting
Discussion for all Level 2 Accounting and Bookkeeping courses.
AAT Level 3 Diploma in Accounting
Discussion for all Level 3 Accounting and Bookkeeping courses.
AAT Level 4 Diploma in Professional Accounting
Discussion for all Level 4 Accounting and Bookkeeping courses.

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Recent Discussions

Advice needed - returning to study after 11 years
Hi all, I passed my L3 AAT 11 years ago now and have forgotten most of it as I haven’t put it into practice. I would now like to go back to it but cannot start the L4 without refreshing my knowledge from L2 and L3, any advice on the best way to about this? Thanks in advance
Potential New Client
A lady walked in off the street looking for an accountant, she is wanting a company set up to run a take away business, she is not uk resident and does not have a UK NI number, lives with her daughter who is a student so doesn't have her own address and would like the full accounts/bookkeeping function prepared by an…
MAAT to FMAAT
Can someone explain to me what the difference between MAAT and FMAAT is please? Is it just a matter of time spent as a member? What are the benefits of changing?
Tips for first job in accountancy
Hello, I am currently studying for the Level 2 certificate in accounting. I am trying to have a career change and hopefully get into accounting. I haven't got any practical experience in that area which worries me. My plan is when I finish the course to also do a course on Sage/quick books and well as a course in Microsoft…
Mentor Required
Hi all, I am looking to start my own bookkeeping business. I need a mentor. Does anyone know where I can find a mentor?
Payroll Bureau Software
Hi, Im sure this has been asked on here many, many times, but I can't find a recent response in the search tab! I'm also a newly qualified bookkeeper, so m allowed to ask simple questions! I am about to take on my first client, who has one PAYE employee. She is leaving her existing accountancy firm who run her payroll, and…
CRM Software
Hey everyone I have been looking at the accountancy manager CRM software, has anyone had any experience with it? Or what would you recommend please?
Level 4 - PDSY (synoptic)
Hi all, wondered if anyone had advice on the PDSY and what key things I should focus on to strengthen, in particular task 3?!
Reliable Bookkeeping & Admin Support for Start-Ups and Small Businesses – Based in Birmingham
Hi everyone, I’m Abdallah, the founder of AdminBooks, a newly launched AAT-licensed bookkeeping practice based in Birmingham. We help start-ups, sole traders, and growing businesses stay on top of their finances and admin with tailored, reliable support that fits your needs. Our services include: Bookkeeping (Xero…
Reliable Bookkeeping & Admin Support for Start-Ups and Small Businesses – Based in Birmingham
Hi everyone, I’m Abdallah, the founder of AdminBooks, a newly launched AAT-licensed bookkeeping practice based in Birmingham. We help start-ups, sole traders, and growing businesses stay on top of their finances and admin with tailored, reliable support that fits your needs. Our services include: Bookkeeping (Xero…

Announced Discussions

AAT | Continuity of practice cover
Hi all, We want to make you all aware that we have a directory that is available on our website for which is a great resource if you are looking for Continuity of Practice. It has a bank of AAT licensed bookkeepers and accountants, and you could use that to reach out and see if someone local is available to cover you. All…

Trending Discussions

MATS Excel - do not use next or previous navigation???
I sat my exam today, and I’m scared I lost marks because of the navigation buttons. I submitted the excel answers and when I wanted to review (the tasks show as grey) I clicked the next and prev buttons on these tasks. I’m now panicking I lost marks???
05/02/25 - FAPS STUDY PARTNER - end date MAY-AUG -
AAT 3 FAPS - anyone else needing a studying buddy - can be daunting even with the study support from your online provider happy to GO GO GO
Osbourne books - Drafting and interpreting financial statements workook Q 8.7
Hello, In the model answer the consolidated amount attributable to non equity holders is £1,300 - £60 - £5. I am struggling to work out how they came to this answer. Any ideas? Thanks
Am I too old to apply for an AAT Trainee
Hello, I am 46 years old and have been forced to close my business due it performing poorly. Am I too old to apply for AAT trainee vacancies. They are all advertised for school leavers. I do not have a bachelors degree and my highest qualifications are A-Level at BBB. I would very much like to do the AAT-ACA fast track.…
Shares in a Racehorse Exempt from CGT? (PNTA)
I'm revising for my PNTA exam and came across a question asking whether selling shares in a racehorse for £30,000 is subject to Capital Gains Tax. The answer in the book states that it is exempt, but I’m unsure why. I understand that a racehorse itself is a wasting chattel and therefore exempt, but my understanding is that…
Reference Material
Hi, I'm doing the assessments and I have noticed that the percentages and allowances of the exercices do not match the material reference. I think the exercices are using last year's number. Anyone with same problem ? I understadn for the exam we need to follow the numbers provided in the material reference. Any help would…
Results
Hi Just took financial reporting. Does anyone know how long they take to mark the paper? Thanks
Business environment
Anyone got any tips for task 4 business environment exam I keep on scoring 14 not sure why tho. I’ve done all the assessments on AAT idk what else I can do.
Distinctions between FMAAT / ACCA
I have a relative who is an FMAAT (fellow member of the AAT). My understanding is that an FMAAT is just like a chartered accountant, only they cannot undertake audit work. I believe they can undertake internal examinations for charitable organisations whose annual turnover (assuming a certain amount of assets) falls below…
Reliable Bookkeeping & Admin Support for Start-Ups and Small Businesses – Based in Birmingham
Hi everyone, I’m Abdallah, the founder of AdminBooks, a newly launched AAT-licensed bookkeeping practice based in Birmingham. We help start-ups, sole traders, and growing businesses stay on top of their finances and admin with tailored, reliable support that fits your needs. Our services include: Bookkeeping (Xero…

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