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Association of Accounting Technicians (AAT)

  • History
  • Profile
  • Vision & Mission
  • Minimum Qualification for Registration
  • Student Registration Fees History
      The story of the Association of Accounting Technicians of Sri Lanka (AAT Sri Lanka) began in 1987. AAT Sri Lanka was launched as an initiative that came through the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).
     
      AAT Sri Lanka is registered under the Companies Act No 17 of 1982 and re-registered under the Companies Act No 7 of 2007, as a company limited by guarantee. Two years after its inception, the Institute was admitted to the Associate Membership of the International Federation of Accountants (IFAC) which is a key body for Accountants. AAT Sri Lanka also has the distinction of being the first Associate Member of the Confederation of Asian Pacific Accountants (CAPA) since September 1989 and awarded full membership in 2015, a leading network of accounting bodies in the region.
     
     
    Over the past 24 years, AAT Sri Lanka has provided the country with professionally qualified and technically trained Accounting Technicians who have performed all the functions required of them, with the knowledge and expertise required for the 21st century. As it moves into its 25th year, the Institute is gearing itself to meet the toughest demands of a competitive and dynamic environment.
     
     Through the years of its operation, AAT Sri Lanka has gained recognition as an institute that provides both affordable and market-oriented skills as well as training for newcomers and accounting professionals, equipping them with the knowledge and skills required to succeed. Currently AAT Sri Lanka has 36,000 registered students which is the highest number of students registered in any educational institute.
     
     
    AAT Sri Lanka is proud that its students have fared exceptionally well in exams both within Sri Lanka and overseas. The Institute is committed to providing students with the best education and its students have performed beyond expectations.
     
     
    Today many AAT Sri Lanka members are employed in different organizations across the country both in the public and private sectors. The scope of activities of AAT Sri Lanka ranges from education to  assessment and professional development. The Institute does not confine its activities to merely educating and training students but also to equipping them with the soft skills needed to succeed in a competitive environment. Students are provided with career guidance, job placement, advice and direction. In addition, the Institute organizes seminars and workshops for members. This is a holistic approach with a view to producing well-rounded, middle and higher level accounting professionals, who can meet the multiple demands of their workplace with a winning streak Profile
    AATSL was established in Dec. 1987 on the model of the AAT (UK).  AATSL is a non profit organisation.  AAT (UK) had been formed in 1980 by the merger of two earlier existing bodies in U.K., namely Association for Accounting Technicians of Finance & Accounting (ATFA) and Institute of Accounting Staff (IAS). Subsequently AAT Ireland (called Institute of Accounting Technicians Ireland) was formed in April 1983. Afterwards AATs have been established in Pakistan (now called Institute of Public Service Accountants-Pakistan), in Malaysia (now called Association of Accounting Administrators-Malaysia), in Singapore, and in New Zealand (called College of Accounting Technicians-New Zealand ). The master plan for Accountancy Education in Sri Lanka prepared by the ADB Inception Misson in 1986, emphasized the need for the Technician Level Accounting Personnel. The Mission Report forecast the Island’s requirement of Accounting Technicians at 12,000 by the year 2000. AATSL since 1987 has been able to produce 15473 Passed Finalists up to Dec. 2009. Still there is a great potential for Accounting Technicians which has increased immensely with the expanding economy, and now with the new global village concept. Accounting Technicians are Middle Level Professional Accountants immediately after obtaining the Associate Membership (MAAT). However by gaining experience in the field of Accountancy they can reach to Senior Technician Level (SAT) and Fellow Technician Level (FMAAT), which are considered as well groomed Professional Accountants. One can add more value and recognition to this qualification by gaining qualifications in other Professional Accountancy bodies. Vision & Mission Vision
    To be the most recognized qualification for middle level accounting professionals Mission
    To provide our students a route to success in life by helping them become competent middle level accountants who add value to their employers.
    We provide our members an opportunity for career progression and networking , our staff an empowered and  enjoyable working environment and
    education service providers an opportunity to develop their delivery competency while co-operating for mutual gain with accounting & academic institutions.
    Values
    Professionalism
    Ready to change
    Customer oriented
    Passion for winning
    Respect for all
    work together
     
    Strategic Objectives
    Maintain healthy student and member population
    Generate value addition to the membership
    Create recognition of the qualification
    Foster multi-skilled competent staff
    Enhance relationships with professionals and academic institutions  Minimum Qualification for Registration The qualifications necessary to register as a student to sit for AAT Examinations are as follows:
  • 06 Passes at G.C.E. (O/L) (SL) or
  • 05 Passes at G.C.E. (O/L) (UK) or
  • 02 Passes at G.C.E. (A/L) (SL / UK) or
  • 05 years experience as an Accounts Clerk / Audit Clerk / Book-keeper / Accounts Trainee in a recognized   establishment
  • Any other equivalent  qualification acceptable to the Governing Council of AAT Sri Lanka Student Registration Fees
    Registration Fee
    Normal AAT Registration Fee Rs. 2,000/-
    Special Fee to School Students Rs. 1,500/- (For under 19 years of age and in school only)
    Late applications
     
    Late applications will be accepted, up to seven days after the closing date, on payment of following;
     
    Normal AAT Registration with Late Fee Rs. 2,450/-
    Special Fee to School Students Rs. 1,900/-
    N.B. Student Registration Fees are subject to revision
     
    Initial Registration is valid up to 30th of December of that year. Renewal of Registration for the succeeding year should be done before 30th December until the completion of final examaination of AAT Sri Lanka.
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