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I'm not competent!

MonsoonMonsoon 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 :lol:

(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

  • RinskeRinske Font Of All Knowledge Registered Posts: 2,453
    Well, you know what to do then, don't you?

    Hand over that MAAT certificate and start back at level 2! :lol:

    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.
  • crispycrispy Trusted Regular SouthamptonRegistered Posts: 456
    Hello,

    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 :)
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Crispy, type in "aat online skill check" on the main AAT site and it should come up. I think only about 3% of the questions had anything to do with what I do all day at work!

    Rinske no chance! And Crispy no thanks :D

    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.
  • crispycrispy Trusted Regular SouthamptonRegistered Posts: 456
    Thank you - Ill give it a go and see what I can remember.

    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.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    crispy wrote: »
    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 <3 computers! :thumbup:
  • burgburg Experienced Mentor GloucesterModerator, FMAAT, AAT Licensed Accountant Posts: 1,441
    I had a go too and guess what...

    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.
    Regards,

    Burg
  • RinskeRinske Font Of All Knowledge Registered Posts: 2,453
    I reconcile an error control account manually in excel, where the sales receipts that can't be allocated to the individual customer account get posted. At the end of month I try and find out what the receipt is for and what customer to allocate it to. It's completely different from the actual reconciling in level 3.

    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.
  • crispycrispy Trusted Regular SouthamptonRegistered Posts: 456
    And my result is..............

    Recommended to start at level 2 :D

    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.
  • RinskeRinske Font Of All Knowledge Registered Posts: 2,453
    I will have to sit it when I get home. I haven't got flash installed here.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Hooray! See you all in class! :lol:

    My QBE is very happy to hear you lot are all as competent as we all are here ;-)
  • BluewednesdayBluewednesday Font Of All Knowledge Registered Posts: 1,624
    Phew, AAT and ACCA qualified and recommended start at level 2, I was upset when I did that and felt rubbish so thanks for posting this Monsoon.
  • PAMDILLPAMDILL Experienced Mentor Registered Posts: 718
    I am going to give it a try also, I might have the advantage of having worked in manual bookkeeping and manual payroll for 7 years, although it was nearly 12 years ago. Let you know how I get o.
  • uknittyuknitty Experienced Mentor Registered Posts: 591
    The flip side of the coin is.... I've done great at AAT exams but my work experience in an accounts practice has been a real eye opener (as you say, most of the stuff covered in exams doesn't really seem to be used on a daily basis at least....)

    What does this tell us about the relevance of the AAT qualification to the workplace *boggle*
  • PAMDILLPAMDILL Experienced Mentor Registered Posts: 718
    I am incompetent in double entry bookkeeping as well, Level 2 for me.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Do we think it's rigged to tell everyone to do level 2 to get extra fees?? ;)

    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!
  • Gem7321Gem7321 Experienced Mentor DevonMAAT, AAT Licensed Accountant Posts: 1,438
    I can't even find the thing so I must be completely not competent :D
  • burgburg Experienced Mentor GloucesterModerator, FMAAT, AAT Licensed Accountant Posts: 1,441
    Regards,

    Burg
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Gem7321 wrote: »
    I can't even find the thing so I must be completely not competent :D

    Ha ha I can do one better I've forgotten my password!!!
  • PAMDILLPAMDILL Experienced Mentor Registered Posts: 718
    It does not accept your regular AAT email and password, or at least it did not with me I had to crate a new login.
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    PAMDILL wrote: »
    It does not accept your regular AAT email and password, or at least it did not with me I had to crate a new login.

    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 :lol:
  • RinskeRinske Font Of All Knowledge Registered Posts: 2,453
    I had to start on level 2 as well. For the same reason, double entry was orange.
  • slackdaslackda Trusted Regular Registered Posts: 460
    Phew ....Your results show that Level 2 orange Double Entry.....oh dear....do i ever use a suspense account....hell no
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Rinske wrote: »
    I had to start on level 2 as well. For the same reason, double entry was orange.

    I confess, on those answers, I guessed wildly as the questions confused the hell out of me :D That's why I got red (and orange for financial whatevers)

    And yes, I had to create a new account, didn't even try with my regular one just in case haha!
  • RacheyRachey Experienced Mentor Registered Posts: 589
    Oh dear, I went green, green, green then amber then red!!! guess i've just forgotten my double entry :(
  • crispycrispy Trusted Regular SouthamptonRegistered Posts: 456
    Welcome to the happy 'gang' :), we now almost have enough for a full class - looking foward to it.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Rachey wrote: »
    Oh dear, I went green, green, green then amber then red!!! guess i've just forgotten my double entry :(

    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?
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    You lot got too much time on your hands, I'm still working! :laugh:
  • RinskeRinske Font Of All Knowledge Registered Posts: 2,453
    It might be worth pointing out, as the questions that established you could start on level 2 seemed more related to level 3 than 2 to me.

    But maybe its because we skipped level 2 and this the revenge of the AAT?
  • olioli Feels At Home Registered Posts: 88
    Just had a go at the test, all green apart from the bookkeeping one which was red so level 2 for me as well ;-)
  • PGMPGM Font Of All Knowledge Registered Posts: 1,954
    Whats the link?

    Or is it an isntant failt if you can't find it ;)

    ** Ignore my post, found Monsoons post on how to find it.
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