AAT Q2022 - Frequently Asked Questions
Below are a few frequently asked questions about AAT Q2022.
If you have any unanswered questions, please feel free to contact us.
AAT (Association of Accounting Technicians), have announced their latest qualification update titled Q2022.
This update will see AAT refresh its syllabus to reflect important updates in accounting. Meaning students who undertake the qualification will be up-to-date with the latest industry developments.
Overall, there is quite a lot changing in regards to how to study for Q2022, but the core remains the same. There are still 3 primary levels to the course; Level 2, Level 3 & Level 4.
Within each course level, AAT has updated various topics and examination requirements for Q2022. There have been topics replaced, synoptic exams removed and more changes that are imperative to understand before embarking on Q2022. If you would like to understand more about Q2022, watch our Webinar where we explain all.
AAT Q2022 officially begins on the 1st of September 2022. You are free to begin studying the Q2022 syllabus right away though.
If you have already purchased your AAT course prior to Q2022, there is no direct need to transfer onto Q2022. If you do wish to switch to Q2022, there are a range of transition options available. Moving from AQ16 to Q2022 does incur a transition fee and membership charges though.
We do recommend you continue on your current course, as delaying your studies is counterproductive to you initially beginning your studies. AQ16 still exists, and the assessments will be available until September 2023. As long as you retain your AAT membership, you will be able to continue on your course.
If you would like to transition to Q2022 and want to know more, feel free to contact us.
There are a number of different factors you need to consider. For example, how long have you got left on your annual fee? If you have already purchased your AQ16 AAT membership, this won’t be refunded or transferred over if you do wish to switch to Q2022.
AAT currently offer a reduced transfer fee for those who have begun their studies. To be eligible to transition you must be a current member and have passed at least one qualifying unit under AQ16 at the level you wish to transfer to. If your membership has lapsed you will need to reactivate your AQ16 membership first before you will be able to transition. The transition prices are as follows;
Level 2 – £50
Level 3 – £75
Level 4 – £100
Transferring from AQ16 onto Q2022 is not compulsory. If your AQ 16 annual membership runs out, you can still renew at £105 for another year of membership.
Currently, with AQ16, AAT Membership is set up on an annual basis. This fee is currently £105, and allows the student access to all courses, but as you progress you lose access to the content of previous levels. With Q2022, AAT Membership is now regarded as a Qualification Fee. The Qualification Fee gives you access to study material for your chosen course for as long as it takes you, without the need for renewing your membership.
As this is a one-time fee, you now keep access to your Level 2 and 3 material which will be helpful when you progress onto subsequent levels.
The Qualification Fee (Membership Fee) for AAT Q2022 is;
Level 2 – £172
Level 3 – £225
Level 4 – £240
There are fewer exams at all levels for Q2022. For AAT Level 2 the AAT has integrated the accounting software unit into the financial accounting units. However, the business environment unit will now introduce you to the wider business world including aspects of business law and economics. When you move onto Level 3 the AAT have now combined what was previous two financial accounting units into one.
Therefore, this course may be smaller, however, it is more important than before that you understand the basic principles of double-entry bookkeeping and costing before you start your level 3.
We understand skipping Level 2 can be seen as a way to save money or become qualified quicker. However, we stand by the statement that – Accounting is a building block subject. Equally the time saved by not completing Level 2 can be quickly lost due to the additional time it can take to grasp the basic principles whilst studying for the Level 3.
What you learn at the start of your accounting studies is essential to understand and interpret the subjects as you develop through the levels.
AAT Level 4, requires a lot more written questions than levels 2 and 3. Answering these written questions can be aided with the knowledge gained from both Levels 2 & 3 as gives you the underpinning knowledge to put together much better-written answers for examinations.
Typically, there is no update for 5-6 years. However, the duration in between syllabus updates is impossible for us to predict, as it is up to AAT when they wish to update the syllabus.
Page Last Updated: Wednesday 29th June 2022