New to AAT - Need Guidance on AAT Level 3

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Isha
Isha Registered Posts: 4 New contributor 🐸
Hello everyone,

I have just started my Level 3 this week (on a Distance Learning course with Kaplan).

I have previously done A-Levels in Acccounting, so I already have some basic knowledge.

I am aiming to complete Level 3 in less than a year, so I would be grateful if you guys could tell me the order in which I should be taking each test? :confused1:

I was thinking of the following order:
1. Accounts Preparation I
2. Accounts Preparation II
3. Indirect Tax
4. Spreadsheets
5. PEAF
6. Costs and Revenue or Cash Management
7. Costs and Revenue or Cash Management


Also, how long does it take to complete Level 3?

Any tips would be appreciated!

Many thanks! :thumbup:

Comments

  • Chimpette22
    Chimpette22 Registered Posts: 75 Epic contributor 🐘
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    Hi Isha,

    I followed my distance learning plan so I did:-

    1. Accounts Preparation I
    2. Accounts Preparation II
    3. Costs and Revenue
    4. Cash Management
    5. Spreadsheets
    6. Indirect Tax
    7. PEAF

    I started level 3 in January 2012, and I have one exam left which I'm booked in to do on the 10th July. So all in all it's taken me 6 months, probably could have done it quicker but with working, a house to run and 2 little kiddie's under 4, it just wasn't possible for me.

    Good luck I'm sure you'll do very well :001_smile:
    Fully AAT qualified July 2015
  • Isha
    Isha Registered Posts: 4 New contributor 🐸
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    Thank you Chimpette22. I will probably follow the plan too.

    Good luck to you too for your last exam. :thumbup1:
  • MWAUGH1983
    MWAUGH1983 Registered Posts: 420 Dedicated contributor 🦉
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    Isha wrote: »
    Hello everyone,

    I have just started my Level 3 this week (on a Distance Learning course with Kaplan).

    I have previously done A-Levels in Acccounting, so I already have some basic knowledge.

    I am aiming to complete Level 3 in less than a year, so I would be grateful if you guys could tell me the order in which I should be taking each test? :confused1:

    I was thinking of the following order:
    1. Accounts Preparation I
    2. Accounts Preparation II
    3. Indirect Tax
    4. Spreadsheets
    5. PEAF
    6. Costs and Revenue or Cash Management
    7. Costs and Revenue or Cash Management


    Also, how long does it take to complete Level 3?

    Any tips would be appreciated!

    Many thanks! :thumbup:

    I would agree with the chimpette but with spreadsheets you can do it anytime; maybe do that alongside AP I and II as its quite a straightforward unit!

    I did it as follows:

    costing (old standards)
    AP I
    AP II
    Spreadsheets
    Cash MGT
    Ethics (tomorrow)
    Tax (resit july 30th)

    Im hoping to have level 4 started by late july or sometime in august.

    Good Luck
    Martin
  • Isha
    Isha Registered Posts: 4 New contributor 🐸
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    Hey, Martin, thank you and all the best for the exam tomorrow. :001_smile:

    Also, I just wanted to know which of the units were the most difficult to do?

    I read somewhere that Indirect Tax is pretty straightforward?
  • Whirlwind
    Whirlwind Registered Posts: 249 Beyond epic contributor 🧙‍♂️
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    Hey,

    I would definitely do CRS last as the formulas you learn will be in invaluable for BGT and FNPF in level 4. I also found a real link between APs and FNST.

    I did/doing API, APII, PEAF, FNST, ITX, CMGT, CRS, EXA, BGT, SPSW, FNPF, PTX, BTX, ICAS (last three to do). I would rather have done PEAF, SPSW and EXA at other times, but it was all about juggling life, wks needed to study and available exam dates.
  • Isha
    Isha Registered Posts: 4 New contributor 🐸
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    Thank you Whirlwind, but what is FNST? :huh:
  • Whirlwind
    Whirlwind Registered Posts: 249 Beyond epic contributor 🧙‍♂️
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    Hey, so sorry about the details in my last post using way too many abbreviations!! Think I was/am so wired from exam this morning!!

    I was using the abbreviations that AAT or many on the forum use. FNST - Financial Statements Level 4.

    Realistically each will have an opinion on what worked for them, but besides the link between Cost & Revenues to Budgeting and Financial Performance (Level 4), think its up to you.

    All the very best with your future studies.
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