And that's it...

Hubble Registered Posts: 9 Regular contributor ⭐ 😼 ⭐
I just wanted to share with my fellow soon-to-be accounting technicians that I've finally completed the AAT, I took my final level 4 exam last week, Financial Statements. I have no background in accountancy and studied the AAT with no prior knowledge whatsoever. I passed all the exams on the first go and 2 years later I'm feeling rather proud of my achievement. I honestly feel that if I can do it, anyone can.

For what it's worth, in my opinion the toughest level 4 exam of the ones I took was Financial Performance....that one really was nasty (and a bit sneaky). Business tax and personal tax had the most informationto learn and get on top of, and financial statements required the most amount of technique. Budgeting for me was the easiest and ICAS the most stressful.The worst part of that one is the thought of starting it, but once I got going it wasn't so bad. Having said that, I still would have preferred to do 3 extra exams than write that report.

I've enjoyed it far more than I ever thought I would and have found it genuinely interesting. Good luck toeveryone currently studying, I've found the forum to be a great support, it really makes you feel better when you read that there are lots of others also suffering the pain of waiting for results!

Be interesting to hear which level 4 papers people rated as the hardest and which ones easiest....



  • Jo Clark
    Jo Clark Registered Posts: 2,525
    Congratulations Hubble! and fingers crossed for your results in Financial Statements.

    I found Financial Statements to hardest and really enjoyed Budgeting and Financial Performance. My favourite modules were both the tax modules, Personal Tax and Business Tax. ICAS I was not looking forward to but it worked out well and I enjoyed the project and learnt a lot from it whilst incorporating everything else I had learnt during level 4 (ICAS was my last module).

    What are your plans now? Further study or a well deserved break?

    Once again, congratulations.

    JC :o
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • Hubble
    Hubble Registered Posts: 9 Regular contributor ⭐ 😼 ⭐
    Hi Jo, I think I'm going to have a break from studying for a while and enjoy a few weekends and evenings with my wife. I've forgotten what it's like to have an evening in front of the tv! My plan is to carry on and do the ACCA, but first I need to convince my boss to part with company money to pay the fees.
    How about you? Have you continued beyond the AAT?
  • Jo Clark
    Jo Clark Registered Posts: 2,525
    Yes, I have recently started studying for ATT :o

    Good luck with the ACCA and getting the funding from work.

    Hope to see you on the forum in the future.
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • Clintm15
    Clintm15 Registered Posts: 248 Dedicated contributor 🌟 🐵 🌟
    Hi Hubble,

    Strangely your experience is uncannily similar to mine. We started at roughly the same time, took our last exam in the same week and I also had zero accountancy experience when I started.

    I also feel exactly the same way about each of the exams you outlined and I am moving onto ACCA too.

    Congratulations and well done.

    Level 2 - 2011
    Level 3 - 2012
    Level 4 - 2013

    F4 - Corporate Law - Dec 2015 (passed)
    F5 - Performance Management - Dec 2014 (passed)
    F6 - Taxation - Dec 2013 (passed)
    F7 - Financial Reporting - Jun 2014 (passed)
    F8 - Audit & Assurance - Dec 2015 (passed)
    F9 - Financial Management - Jun 2015 (passed)
  • jane
    jane Registered Posts: 165 🎆 🐘 🎆
    Well done Hubble
    great feeling to have sat your last exam, now for the wait - will keep my fingers crossed for you and Clint on a positive result, we shall be waiting for hear your good news :).

    I found out on Thursday that I became AAT Qualifed after passing Financial Performance after 3 attempts. Pheww - like you I found that one to be the hardest to pass, followed very very closely by Financial Statements.

    I mut say I am enjoying life with my feet up and being able to watch TV without worrying that I have to hit the books (lol).

  • sonya11
    sonya11 Registered Posts: 27 💫 🐯 💫

    I've just taken my last exam - Business Tax. I've also passed everything first time so fingers crossed I will continue with the same success for this one! I must admit that I found this one frustrating in that I was fine doing the tax computations etc but remembering all the filing/payment dates and penelties I just found hard - they would not sink in! I'm pretty sure I will have gotten some if not all of those questions wrong so am just hoping that I've done enough on the other questions to pass.

    Other than this I think financial performance was my least favourite subject, I actually enjoyed statements as it was easy to tell if you'd gotten the right answer - if it balanced then something was right :001_smile:

    I like others did not enjoy the ICAS project but I think the thought of doing it is much harder than actually doing it and I found that the feedback from my first submission was great and really helped me complete it.

    So, hopefully I will be fully AAT qualified within 6 weeks!
  • Clarekaye
    Clarekaye Registered Posts: 307
    Congratulations! :thumbup1:
    I have my first level 4 exam next month.
    You must be really pround of yourself for passing first time, I kept putting myself down on level 3 passing them and I look back now thinking yep I should hold my head up high.
    Enjoy your break!
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