The FRA exam
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Does anyone know what happens if the standards change before you resit an exam. I have my FRA to resit and then I have completed my intermediate level- I sat my exams under the June 2003 standards this June.<BR><BR>
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The FRA exam
Hi<BR><BR>The standards only changed in 2003 so they probably wont change for a while yet. Even if they do, the AAT give an overlap period where both standards are 'run' together for a while.<BR><BR>Neil0 -
The FRA exam
NeilH<BR><BR>This is not quite true. I am currently studying Technician and we now have International Accounting Standards to learn.<BR><BR>Things that have changed so far:<BR><BR>Trading, Profit & Loss Acount = (is now) Income Statement<BR>Stock = Inventory<BR>Fixed Assets = Non Current Assets<BR>Debtors = Receivables<BR>Creditors = Payables<BR><BR>Nothing much, but a paid in the a~@e0 -
The FRA exam
Hi<BR><BR>Georgina is talking about the NVQ standards, ie when the overal requirements of the syllabus change. IAS have always been in the standards since 2003, but the AAT have no chosen to assess them until now. When the new/2003 standards came out the AAT gave notice of when IAS would be assessed, as I said they do. At any rate, FRS or IAS are not assessed at intermediate stage.<BR><BR>Neil0 -
The FRA exam
Actually, some SSAPs and FRSs are assessed in FRA, albeit not in the detail of Technician level. Guidance for each paper is provided on this website, and the FRA guidance shows the extent to which they may be examined.<BR><BR>Andrew Harrington0 -
The FRA exam
hello<BR><BR>I have also rung the AAT student line and the man informed me that he had not heard of any changes due for 2006.<BR><BR>0