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AAT Paving the Way for People Interested in the Accounting Field

by Shah Farouq
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The Association of Accounting Technicians (AAT) are prepared to help pave the way for people who are interested in the accounting field with the proper skills and knowledge that is required.

The current global job market has demanded for more accountants but however the supplies of accountants are getting lesser each day. That is why AAT aims to train school leavers and working adults in practical accounting and finance skills that employers need.

A representative from AAT Mei Yoke Pak stated that AAT is open to anyone aged 16 years and above.

“The lowest level offered in Malaysia is the Level 2 Foundation Certificate in Bookkeeping or Accounting. Learners will pick up basic accounting skills and be confident in recording and maintaining a full set of accounts. 

“Depending on the learners’ qualification and experience, they will be placed to start from the appropriate level of skills learning.

“Learners need to love to work with figures, but not necessarily good in Math. It is a myth actually, that one must be apt in Math to take up accounting. In fact, they just need to have a logical mind with an average level of English proficiency,” she added.

Besides that, the AAT qualifications provide flexibility for people who have jobs to study and bring their untapped talent to the surface. Learners can study for AAT while working or study it on a full-time basis.

The learners will find it easy to comprehend and follow the course, as tasks and questions are simulated to workplace environment; rather than testing learners’ memory skills, like most exam-based qualifications.

There are 3 levels that the learners could take in the course, starting from Level 2 to Level 4. Level 2 is offered to beginners whilst Level 3 Diploma and Level 4 Diploma prepares learners for more complex accounting and finance processes, e.g. management accounting, advanced bookkeeping, risk management, audit, etc.

AAT is offered in more than 100 countries and is the largest professional body in the world for accounting technicians. AAT qualifications are well recognised by employers, accounting firms and the professional bodies, including universities if learners wish to further their degree studies at institutions for higher learning.

Furthermore, Mei mentioned that there is a high demand in the job market for people with AAT qualifications.

“In Malaysia, every AAT graduate found gainful employment upon completion. Accounting is one of the TOP 5 skills in demand according to a research by ILMIA (Institute of Labour Market Information and Analysis).

“The industry also appreciates people with professional accounting qualification as learners go through practical accounting tasks and stringent assessments,” she said.

Besides that, Mei also added that AAT could help curb the unemployment issue in Malaysia as there is a shortage of skilled workers, especially in accounting.

“There is a shortage of skilled workers, especially in accounting. MIA reported that the country needs another 60000 accountants by 2030.

“AAT is a stepping stone to higher professional accounting qualifications besides fulfilling the demand for qualified middle-tiered accounting support to businesses especially the SMEs where the budget for qualified accounting specialists are limited. Employing Accounting Technicians is a viable cost effective option to handle critical financial tasks after a series of lockdowns,” she shared.

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