From July 2010, a new set of Qualifications and Credit Framework (QCF) standards will apply to the AAT qualification to replace both the current NVQ and Diploma pathways.
The new qualification standards will be phased in over a transition period of eighteen months during which students may continue to complete their current level under the existing standards, on either the NVQ or Diploma pathway.
The new QCF standards will provide a new qualification that will lead to full membership of the AAT in the same way as the current pathways. The qualification may be held at three levels: Level 2 Certificate in Accounting; Level 3 Diploma in Accounting, and Level 4 Diploma in Accounting.
The new qualification will be assessed mainly through computer-based tests which will eventually replace current assessment by written examination and simulated practical skills tests. The new assessments will be similar to current computer-based practical skills assessment for the Foundation, Intermediate, Certificate and Advanced Certificate levels. The June 2010 exam will be the last in which paper-based assessment will be available for these levels. During the transition period, examinations will be available only via computer based assessment.
Oxford Open Learning is currently developing new AAT courses to match the new standards, qualification, structure and examination format. Following confirmation of the standards themselves at the forthcoming AAT annual conference this month, OOL will be launching brand new courses leading to the Level 2 Certificate in Accounting, to be followed by diploma courses at Levels 3 and 4.
If you are thinking about gaining an AAT qualification as an Accounting Technician, then contact us now for further details about our new course which will be available shortly.