The AAT Level 2 Examination is an examination-based assessment system that is designed for those prospective Accountants who wish to join the Chartered Surveyors Association of Singapore (CAS). The examination lasts for one hour, and candidates are required to answer multiple-choice questions. At level 2 of the AAT, candidates will be assessed on their knowledge of the principles of accounting including the basic accounting terms and concepts. Candidates who successfully pass the examination will have gained a certification by the end of the year. If you have not yet secured your BCA or CPL, now would be a great time to do it!
The AAT Level 2 Certificate in Business and accounts is scheduled to be held every September. Once you complete the examination, you will gain a certificate which will be accepted as a qualification by the Chartered Surveyors Association of Singapore (CAS). The purpose of this AAT Certificate in Business and accounts is to provide solid grounding in the fundamental accounting skills and concepts required to advance either to career path or further studies. There are three compulsory units that must be completed before the certificate is awarded. These are Concepts, Methods and Practices navigate to this website.
Before moving forward towards the next stage, you should be certain that you understand what these concepts and practices mean. Concepts refers to the general idea behind accounting. For example, knowing the meaning of a Company’s balance sheet will give you a better idea about how they make their money work. You should also be familiar with the different concepts used in accounting. On the other hand, the methods part of accounting deals specifically with methods and strategies employed in order to achieve certain goals or obtain a certain result. As a result, knowing these topics will prepare you well for the second part of your at level 2 exam, the salary expectations.
The salary expectations are determined by your individual circumstances, experience and the specific job you are applying for. This means that if you are applying for an entry-level accountant position, the pay will more than likely be competitive. In fact, most professional bodies offer a competitive pay package for experienced Chartered Surveyors, with a starting salary of around thirty thousand Singapore dollars. Chartered Surveyors who has gained experience over several years may see their annual earnings increase to up to forty thousand Singapore dollars.
If you are a Chartered Accountant who has gained valuable work experience in a local or international capacity, the Institute of Chartered Accountants of Singapore will be happy to transfer you to the professional bodies that they work with. The two most important professional bodies that you need to know about are the Institute of Chartered Accountants of Singapore (ICAS) and the Association of Chartered Accountants in Singapore (AACAS). You can request the Institute of Chartered Accountants in Singapore or the AATAS to transfer you to their respective professional bodies on a fee-based basis. The Institute of Chartered Accountants in Singapore has online applications available, while the AATAS requires paper-based applications more info here.
The final requirement for becoming a certified aat advanced diploma holder is to successfully complete a National Academy of Accountancy (NACAS) examination. The exam is conducted twice annually and allows Chartered Accountants to take a qualifying examination that will qualify them for registration with the Professional bodies. The National Academy of Accountancy also conducts a national examination to gauge the progress and improvement of Chartered Accountants in the country. If you pass the exam, you will receive the NACAS certificate which is valid for two years. To become a Chartered Accountant, you should be prepared to take at least one a year course, write two extra credits and pass the National Academy of Accountancy examination.