Is MAAT required to start ACCA/ACA?

akucha
akucha Registered Posts: 4
I have got only one exam left before I finish my AAT Level 4 and I want to progress onto ACCA or ACA after. But I'm slightly confused. Do I need to get the MAAT to become qualified or am I automatically qualified once I pass all the exams? And what are the benefits of being MAAT?

Many thanks in advance

Comments

  • KoopaCooper
    KoopaCooper Registered Posts: 224
    No, to get exemption from ACCA papers F1-F3, you must have completed all of AAT Level 4 (or equivalent). You do not need to have actually taken up MAAT status to gain the exemptions.

    MAAT status shows clients that you are a professional accounting technician, and also shows the same to your employer or potential employers, as well as enabling you to go on to apply for MIP status if you want to move into self-employment.

    Good luck with your last L4 exam! (btw, which one is it?) :)
    Accounts Executive, ғɪᴀʙ ᴍᴀᴀᴛ
    QBO & Xero certified advisor

    AAT
    Level 2 Certificate in Accounting - 17 Jun 2015
    Level 3 Diploma in Accounting - 22 Jan 2016
    Level 4 Diploma in Accounting - 19 Dec 2017
    MAAT - 27 Mar 2018

    ACCA
    Advanced Diploma in Accounting and Business...
    F4 Corporate and Business Law - 4 Jun 2019
    F5 Performance Management - 15 July 2019
    F6 Taxation (United Kingdom) - 3 Dec 2019
    F8 Audit and Assurance - 2 Mar 2020
  • akucha
    akucha Registered Posts: 4
    Thank you very much!

    My last exam is Personal Tax.
  • KoopaCooper
    KoopaCooper Registered Posts: 224
    akucha said:

    Thank you very much!

    My last exam is Personal Tax.

    Ooooh, good luck with that! My last two at level 4 were BTAX and PTAX - they were a couple of doozies! (I kept confusing the personal tax rules with the business tax rules, which didn't help! xD)
    Accounts Executive, ғɪᴀʙ ᴍᴀᴀᴛ
    QBO & Xero certified advisor

    AAT
    Level 2 Certificate in Accounting - 17 Jun 2015
    Level 3 Diploma in Accounting - 22 Jan 2016
    Level 4 Diploma in Accounting - 19 Dec 2017
    MAAT - 27 Mar 2018

    ACCA
    Advanced Diploma in Accounting and Business...
    F4 Corporate and Business Law - 4 Jun 2019
    F5 Performance Management - 15 July 2019
    F6 Taxation (United Kingdom) - 3 Dec 2019
    F8 Audit and Assurance - 2 Mar 2020
  • Pian32
    Pian32 Registered Posts: 474 Dedicated contributor 🦉
    If you're in work you can probably get MAAT the same day you pass. You can fill out all the details now so it's ready to be submitted.

    I actually got my MAAT certificate before the Level 4 one arrived.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Passed June 2021
    F8 - Passed Sep 2021
    F9 - Passed June 2021

    SBL -
    SBR - Passed Mar 22
    ATX - Passed Dec 21
    APM - Passed June 22
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