According to AAT research, 60% of accountants think basic accounting practices will be fully automated within the next few years. An understanding and ability to use technology will be an essential skill for all up and coming accountants. The AAT’s Future Accountant report – available to download here – surveyed over 250 Professional Accountants to…
Being able to manage your AAT study time to make sure it is effective in itself is a skill, especially for Distance Learning students. Check out our top tips: Get rid of any distractions Removing anything around you that has the potential to take your focus away from your AAT study time will ensure your…
As you may be aware, from July 1st 2018, we are adjusting the fees of our AAT distance learning Accountancy courses. This is to more accurately reflect the added value of our excellent tutor support and fantastic study resources, including: Our multi-award winning Premier Training account and online learning platform Books and materials written by…
Why Study AAT with Premier Training Premier Training are specialists in accountancy training and are a multi-awarding winning training provider with over 20 years experience in delivering the AAT qualifications via distance learning. We have won the AAT Training provider of the year award in 2016 and 2017 – no other provider has won this…
Preparing yourself to take AAT assessments can be a nerve-racking experience, so here are some steps to help breakdown the process and hopefully make it seem a little easier. First step – Be ready This may sound obvious to most people, but make sure you are ready for the AAT assessment. You need to be…
Overview of the examiner’s report for the AAT Advanced Diploma Synoptic Assessment I understand there has been a lot of upset and frustration relating to the AAT Advanced Diploma Synoptic, and learners have lost confidence in the exam. Although teething issues are expected when a qualification is new or revised, no-one expected the issues to…
Chattels got you confused? Well don’t worry, we’ve got you covered! As part of AAT Tax Week, here at Premier Training, we’ve put together some extra materials to help you on your AAT Accountancy journey. So, how do you feel about chattels? We’ve loved sharing extra resources as part of AAT Tax Week, if you’re…
AAT Tax Week As it’s AAT Tax Week, here at Premier Training we’ve put together some extra materials to help you on your journey to completing your AAT Accountancy qualifications. Having trouble with extending the basic rate band? Read our tutorial below to find out more! If you have an occupational pension, you get the…
All transactions can be broadly divided into two types: Capital can be recognised because we have something left at the end of the period to put into the balance sheet e.g. Purchase of extra machinery for £3000 Revenue the item is ‘used up’ during the period and therefore is posted to the Profit & Loss as…
Guide to calculating VAT when only the gross figure is known A common error, when given a gross (VAT inclusive) value, is to calculate the VAT as 20% of this figure. This is incorrect!!! The VAT is calculated on the net value (the figure before VAT) and is a much lower amount than the result you get…
