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AAT exams

PQ JOB OF THE MONTH

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For more go to https://tinyurl.com/ybho6hky AAT has confirmed that its remotely invigilated August exams will eventually run alongside in-centre assessments, which restart on 29 June.

The big news here is that it will take two weeks to receive results, when some of the results are instant at centres. Apparently, this is so the AAT can check that there has been no cheating. It can review the footage!

AAT remote exams in place by August

Students will need to book their remote exam with their training provider, too. If you don’t have one (if you self-study) then you will have to book via the exam centre.

The remote exams are coming in phases, says AAT. The actual dates for August are not confirmed, but the confirmed subjects are: • Level 3 – AVBK, FAPR, MMAC. • Level 3 – PDSY.

In phase two (AAT is calling it the second wave) it plans to introduce Level 3 Indirect Tax; and Management Accounting: Budgeting; Management Accounting: Decision & Control;

and Financial Statements of Limited Companies at Level 4. It is still up in the air if the Foundation Synoptic will be available in phase two. In the third and final phase Level 2 papers such as Bookkeeping Transactions, Bookkeeping Controls, and Elements of Costing will be offered remotely.

AAT has said the Advanced Synoptic, Using Accounting Software and Optional Units will not be available to sit at home.

Employers ‘prefer arts graduates’

Contrary to popular belief arts, humanities and social science graduates are more in demand than science graduates in eight of the UK’s 10 fastest-growing sectors of the economy.

A study by the British Academy and London Economics consultancy said businesses in sectors including information and communications, finance, transport and property all prefer humanities graduates. In finance, almost 70% of graduate employees have a humanities background.

The report also dispels the myth that science, technology, engineering and mathematics (STEM). graduates earn lots more. Gross hourly pay is roughly the same on average, £17 an hour for humanities graduates and £18.40 for STEM – that’s £35,360 compared with £38,272 a year.

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