AAT Level 1 is an introductory course in accounting. This level offers a basic, fundamental knowledge of the discipline, which is useful for those wishing to pursue a career in accounting, or those already employed in the field. Level 1 covers subjects from bookkeeping to accounts, using both computerised and manual methods this page.

Throughout AAT Levels 1 and AAT Level 2, students will be taught to recognise the different accounting terms and concepts. These will include the main accounting functions such as income, expenses, balance sheet, and statement. A student will also learn about the different areas of finance including cash flow, working capital, corporate finance, investment, and trading. The concepts covered within AAT Levels 1 and 2 are the ones that are taught throughout a career in accountancy. In order to advance their education and attain higher levels in accountancy, a candidate should continue learning about these topics visit.

At the end of AAT Levels 1 and 2, candidates must pass a series of examinations in order to receive their professional license. Candidates may choose to sit the examination either at the local college, at the National Accrediting Commission (NACC) office or at the International Association of Certified Public Accountants (IACPA). If a candidate wishes to sit the exams at the NACC, they will be required to fulfill certain criteria.

At the end of the second year of study, candidates who have successfully completed their levels will be able to take advantage of career paths in accounts. Some of these career paths will be more suitable for individuals with aat level qualifications. Accountants with a degree or higher can perform a variety of jobs such as receiving and preparing reports, preparing financial statements, overseeing accounts, auditing clients, implementing client requests, and handling correspondence relating to clients. There is a need for qualified individuals to hold senior positions in certain industries, including government, finance and law.

It is important to note that everyone wishing to advance to level 2 will be required to undertake a series of examinations in order to demonstrate their academic success and potential. Candidates may choose to sit one of these examinations either at a local college, at the National Accrediting Commission (NACC) office or at the International Association of Certified Public Accountants (IACPA). Anyone wishing to progress to level three in accountancy will be required to sit examinations at the IACPA or the NACC. Candidates will need to demonstrate that they have the necessary qualifications, which includes aat level 2, accounting skills and knowledge of tax rules, ethics and bankruptcy. To succeed at level four in accountancy, an individual will need to have a further qualification, such as a degree, diploma or a postgraduate qualification. Candidates may choose to attend an Accredited College of Accountancy to continue their education.

A candidate wishing to progress to level 5 will require additional skills and qualifications. These include a postgraduate qualification from a University or College, and the relevant taxation status. This requirement differs from country to country and can take up to 12 months to acquire. To sit the examination at level five in accountancy, an individual will usually be required to obtain both a degree and a postgraduate qualification. After this, an individual will be able to apply to a job with a professional accountant.