What each AAT level covers, how long it takes and which subjects you will study — from the Foundation Stage to becoming an AAT Passed Finalist.
The AAT qualification is studied in three stages. Each level builds on the one before it, so most students start at Level 1 and work through to Level 3, where they become an AAT Passed Finalist.
Level 1 — Foundation Stage (6 months)
Level 1 builds a strong understanding of accounting concepts, business mathematics, economics and the business environment. By the end you can prepare basic financial statements for a sole proprietorship.
- Financial Accounting
- Business Mathematics & Statistics
- Economics
- Business Environment
Level 2 — Intermediate Stage (8 months)
Level 2 deepens your technical knowledge. You prepare financial statements for partnerships, limited companies and not-for-profit organisations, and study the law, systems and management side of business.
- Financial & Cost Accounting
- Digital Transformation & Information Systems
- Business Law
- Business Management
Level 3 — Advanced Stage (8 months)
Level 3 covers advanced financial reporting under SLFRS/LKAS, management accounting, taxation and assurance. Completing it makes you an AAT Passed Finalist — a qualification equivalent to an NVQ Level 5 Diploma.
- Financial Reporting
- Management Accounting & Finance
- Risk, Controls & Auditing
- Corporate & Personal Taxation
- Business Communication
Choosing your medium
All three levels are taught at PearlGate in English, Sinhala and Tamil medium. Open any course below to see its modules and the lecturer for each one.
