I'm looking at doing the AAT Foundation Level via distance learning. However, there are quite a few out there and I was wondering if any of you could offer advise on who you've used/liked etc. I've not studied for a long time so would need plenty of support!
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Distance Learning Provider Advise
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outsourcing
evening, i kindly need your help good people on the outsourcing question..........i have attached the question
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VARIANCE ANALYSIS REPORT
Can we discuss more theory questions.........i attached the question so we share ideas
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Question on business tax
Question: A person invests £10000 on a van for his business. He takes out a loan for £7000 and pays £3000 in cash. The loan repayments are £200 per month. Can you claim the annual investment allowance on the £200 per month or just the interest or none of it. Any advice
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4th Attempt booked for 11 March
I've booked in for my fourth time to sit this exam - I'm ready to give up! Am struggling with motivation and really just want it all to be over but feels like I'm never going to get there! Prior to this exam I had passed every other one first time and I've been putting in lots of work so just don't know what more I need to do, though clearly I'm missing something!
Any help or recommendations or advise please?
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Online VAT Fraud
This week AAT urged the Government to make online marketplaces like Amazon and ebay responsible for the collection and remittance of VAT - helping small businesses, saving over £1bn currently lost to fraud and promoting fair competition. Full details are available in this AAT Comment article from Adam Harper, AAT's Director of Strategy & Professional Standards:
Read AAT Comment article here
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short term or long term loans plus layouts
Hi guys
I have 2 questions in relation to aat level 3 final accounts preparation.
1. They give you trial balance in an exercise. You are supposed to prepare income statement and balance sheet later. There are bank loans in trial balance. They don't tell you if this is long term or short term loan. Therefore it is impossible to classify given loan to current or non current liabilities. How students are supposed to classify bank loan if it is not stated whether a given loan is short term or long term loan?
2. Are students recommended to learn balance sheet layout and profit and loss layout by heart or they give you layout during exam so that you only have to put data into emply cells ?
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Cost Management Techniques, ABC Costing
I am not sure what i have done wrong, c![]()
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an anyone help me with this?
an anyone help me with this?
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Anybody studying or just studied with Eagle?
Hi, I'm thinking about starting to study level 2, I've been trawling through all the providers and reviews of them, there's so many options! I'm thinking about going with Eagle Education, I really like the look of their study material, and in the past they've got good reviews about their tutor support.
Is anybody currently studying with them, or have done recently who can give an opinion please?
Particularly about how they are with the tutor marked assessments, and answering your questions about things you are stuck on in the course. It's a commitment to make, spending the money and starting studies, so I just want to see what people's recent experiences of the support at Eagle is like!
Many thanks!
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Spreadsheets to Xero
Hi everyone, this is my first post on here, newly qualified AATQB
I have a client that has been only been trading for a couple of years and has until now been using spreadsheets. They are now using Xero. I followed advice and posted transactions/invoices/bills etc since the start of the current VAT quarter, I have since submitted the VAT for this period.
I'm just checking what the best advice is going forward in regards to previous figures, and if there is anything in particular I should now do?
Thank you for your help
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how do you guys practice ?
Hi guys
I recently discovered that I don't know how to practice ? I spent hours in front of computer screen, watch videos but when the days ends I come to conclusion that I learnt nothing that day. I don't know how to practice so that I make progress. Do you use excel all the time when you practice ? Do you have any books where you can find standard exam questions ? Please help me in this matter.
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January 2020 Round-up
A round-up of AAT’s Public Affairs & Public Policy activities for January 2020 is now available here:
https://www.aat.org.uk/aat-news/-aat-public-affairs-and-public-policy-activities-january-2020
https://www.aat.org.uk/aat-news/-aat-public-affairs-and-public-policy-activities-january-2020
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AAT Xtra: How to set yourself up for success in 2020
We teamed up with Accountancy Learning to bring you a guide to help you plan and achieve your goals as well as effective revise and motivate yourself.
Watch the episode
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looking for entry level bookkeeping/accountancy related role
Good afternoon,
Hope you are well.
I'm studying AAT Level 3 Accountancy, I'm actually getting myself ready for final exam and I'm looking for accountancy related role.
I don't have experience in UK but I have experience in Romania (use to work as a bookkeeper for 1 year after graduating University and 8 year in banking). Most of the employer are looking for people with experience in UK and I'm really struggling now. I'm very passionate about bookkeeping and accountancy in general, hardworking and dedicated I'm just looking for someone to give me a chance to prove myself.
Do you have any advise for me, where should I start from?
Any advise will be much appreciated.
Thank you.
Kind Regards
Gina Croitoru
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Solihull / Birmingham / (Part time - Accounts Assistant / MIP Licenses accountant
As my practise grows i now require an assistant to aid with the bookkeeping element for my client base.
Would suit someone studying Level 2/3 and enable the Business to grow and bring on more clients.
Job Spec is attached
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Can a pro please help? Salary and on cost calculation
Dear All
I need some help with what is probably a straightforward calculation.
We have a number of positions to recuit to that are eligible for grant funding up to a maximum amount that we can reclaim of £55,670. This is the gross sum we can reclaim as a maxium which includes salaries.
I need to work out the £55,670 in reverse so that we offer the correct gross salary that with salary plus on costs it equals £55,670 on the nose.
Our employer pension contribution rate is 14.38%.
National Insurance threshold is £8632 of which we pay 13.8% thereafter.
Can someone please help me with the calculation to offer the maximum possible, so that with additional oncosts we arrive at the figure of £55,670. Thank you.
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Distance learning level 4
Hi all. I achieved level 2 and level 3 with merit and aatqb. Set up own bookkeeping practice early last year under IAB supervision . Started level 4 end of last year with Newcastle College as only college accepting advanced learner loan. I’m probably slightly older than some . I’ve been trying to fit in the study, my few bookkeeping clients , school runs , driving wife to and from work each day and caring for my own recently widowed mother once a week 20 miles away. Finding it tough, and already 3 months in have yet to book my first exam. I’ve studied with kaplan and accountancy learning before who have both been amazing with the online platform. Sadly I am finding Newcastle college platform quite poor. Disjointed , and uses links to Kaplan’s materials, when links work. If I want to discuss anything with a tutor , I have to book a call in at a suitable time . There is no live tutor support etc . It’s all made me want to jack it in. Really got on great with previous studies but this time. I feel I’m doing it alone . There is no call from tutor to see how it’s going or progress. I also lost my uncle just before Christmas and had to supper mother at funeral etc and all took it’s tole on me mentally. I asked the college for a months pause, and was told that as they gave me 18 months access anyway there was no need as I still have until March 2021. Am I expecting to much from the college ? I feel I may aswell just bought books and done it alone without a learner loan . ( I have in the mean time purchased Osborne books for the course as no books are provided by the college ) where do I stand with pulling out as no support ? And 4 months of the loan paid already? Also, no where else seems to accept the advanced learner loans anymore, so can’t see point in having them ? I have emailed AAT regards this but no response . Again .
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Management Accounting practice exam question 1.4
How do you simplify the ratio the ratio 56:44, 62:38 and apportion the costs?
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Rustington (Littlehampton) / (FT) Bookkeeper and Payroll Clerk / Employee
Small, friendly Accountancy Practise in Rustington has a position for an experienced bookkeeper and payroll clerk, preferably with recognised qualifications. A good working knowledge of Xero would be a bonus. The position is full time, although part time would be considered for the right applicant. Pay rate is dependent on experience and qualifications and will be discussed at interview, along with a full description of the position.
Please send CV to admin@bespoke.accountants
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Errors on clients accounts - my error!
Hi allHoping that I don’t make myself sound to incompetent in this thread, but I have a client who I submitted limited co accounts for for ye 31.5.18. I’ve recently been looking at the 31.5.19 year and have noticed that there are a couple of errors (misposted by myself) in the previous years accounts! The errors relate to a decent chunk of expenses.
Basically in my 15 years of doing the job I haven’t actually had the displeasure as yet of approaching a client with errors that I have made, and was wondering if anyone reading this has been in the same position and can advise on how they approached it and any tips on going about it. I was thinking something along the lines of:
- explain what my mistakes were
- explain how I will correct the error
- apologise
- allow a fees discount/refund
Any constructive input will be really appreciated!
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