I'm not competent!
Monsoon
Font Of All KnowledgeFMAAT, AAT Licensed Accountant Posts: 4,071
According to the online skill check for new students, the appropriate level for me to enter the AAT qualification is Level 2 
(bear in mind I passed level 4 in 2006 and entered at level 3 originally!!)
I took the test because one of my QBE accountants is starting AAT and she also got level 2 as her result (instead of entry at level 3), which is crazy as she could do most of level 4 given her knowlege and experience, let alone level 3.
Just goes to show how much of level 3 isn't used in the real world in general accountancy practice! Cashbooks? Daybooks? Reconciling control accounts? What are these things? ;-) I got a total fail on double entry bookkeeping which is quite funny really.
I guess they might be more relevant to industry (maybe?) but even general bookkeeping 99% of the time software is used that deals with all these things for you.
Just tickled me, thought I would share.
(bear in mind I passed level 4 in 2006 and entered at level 3 originally!!)
I took the test because one of my QBE accountants is starting AAT and she also got level 2 as her result (instead of entry at level 3), which is crazy as she could do most of level 4 given her knowlege and experience, let alone level 3.
Just goes to show how much of level 3 isn't used in the real world in general accountancy practice! Cashbooks? Daybooks? Reconciling control accounts? What are these things? ;-) I got a total fail on double entry bookkeeping which is quite funny really.
I guess they might be more relevant to industry (maybe?) but even general bookkeeping 99% of the time software is used that deals with all these things for you.
Just tickled me, thought I would share.
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Comments
Hand over that MAAT certificate and start back at level 2!
Oke, maybe not... But I see where you are coming from. In my work I don't see a lot of level 3 work either though and I work in industry.
Have you got a link to the test at all, Ill have a go and see if I can get past the magical level 2.
I think I still have an old frank woods bookkeeping textbook if you want to borrow it
Rinske no chance! And Crispy no thanks
I found it funny. I'd be interested to know if anyone actually uses daybooks and has to manually reconcile control accounts these days. I honestly can't see where they might, unless someone was actually using long hand manual books.
Our external accountants are still using manual records when completing our final accounts. When I ask for the final year end figures, amongst other paperwork I receive a hand written trial balance, pretty amazing really when it can be done so much easier on spreadsheets.
If I was a religious person, I would pray to the god of accountancy and give thanks that I never had to work on manual ledgers. I
Level 2 for me too. Level 3 really is not used well in my practice anyway.
I didn't get a total fail though I got amber for financial transactions and double entry bookkeeping.
I also didn't do level 2 and started straight at level 3. I qualified in 2008.
Burg
I also do a weekly bank rec still, which is slightly annoying, but it just doesn't work online. I got it all in excel, but it's all too complicated for our software, as not a lot matches to what shows up on the statement.
On a not related note:
I have just got a very pissy email from a colleague, who thinks she is more important then I am, that her job is not to correct errors. I did only point out, granted with a healthy dose of Dutch bluntness, that it would have been faster to do it herself, rather then to ask me to check it and then ask me to correct it in separate emails.
I'm proud of myself that I did not actually send the email reply that I created, as I think that might have caused some issues in the department.
I now have this mental image off us both turning into cats as I got the feeling it is purely territorial at the moment.
Recommended to start at level 2
I hope to see you all in September when the classes start again, I've got a head start though as I still have my old frank woods book.
My QBE is very happy to hear you lot are all as competent as we all are here ;-)
What does this tell us about the relevance of the AAT qualification to the workplace *boggle*
Nobody should be feeling bad about getting level 2!!!!! I think it's more of a commentary on how some exam skills don't translate to the real world.
The AAT is a very practical qualification. I guess there will always be parts that aren't as relevant, but a lot of it is very relevant. Just not the parts in the skills check, apparently!
Burg
Ha ha I can do one better I've forgotten my password!!!
Ah that explains it, I'll try later. Must admit I was a little worried that they'd take back my licence if they saw my results
I confess, on those answers, I guessed wildly as the questions confused the hell out of me
And yes, I had to create a new account, didn't even try with my regular one just in case haha!
Exactly what result I got. Stupid thing is, I'm good at my debits and credits. It's not double entry I fell down on itself, it's manual bookkeeping. Big difference!!
crispy, yep, we will be a fun class to teach - qualified know-it-alls who allegedly aren't as good as we think we are hahaha.
Being serious for a minute, do we think the fact that so far 100% of qualified Members on this thread aren't 'good enough' to do level 3 without first doing level 2 according to that test means anything? I mean anything the AAT ought to be aware of? Either that the questions are not on the right things, or that parts of the closures are arguably less relevant to working accountancy?
But maybe its because we skipped level 2 and this the revenge of the AAT?
Or is it an isntant failt if you can't find it
** Ignore my post, found Monsoons post on how to find it.