Passed Finalists of AAT Sri Lanka are entitled for complete exemption at Business Level I and two subjects exemptions at Business Level II of the CA Sri Lanka Curriculum effective from March 2020.
The exemptions are as follows;
Business Level I - (Complete Level Exemption)
- BL 1 Financial Accounting
- BL 2 Business Mathematics & Statistics
- BL 3 Business Law
- BL 4 Business Environment & Economics
- CS 1 Business Communication I
Business Level II - (Exemptions of 2 Subjects)
- BL 5 Audit, Business Processes and Digitalisation
- BL 7 Business Taxation
Special Note: As per CA Sri Lanka policy students who have obtained AAT qualification through other exemptions other than A/L will not be consider
Passed Finalists of AAT Sri Lanka are eligible for exemption from all the subjects at Foundation Level and three subjects at Operational Level.
Foundation Level
- FL 1 - Management Accounting Fundamentals
- FL 2 - Financial Accounting & Finance Fundamentals
- FL 3 - Fundamentals of Management & Economics
- FL 4 - Quantitative Methods for Business
- FL 5 - Business English I
Operational Level
- OL 2 - Advanced Financial Accounting & Finance
- OL 4 - Commercial Law and Taxation
- OL 5 - Business English I
Special Note: Up to AAT 2010 syllabus, only foundation level (5 subjects) will be exempted from AAT 2015 syllabus onwards, 8 subjects will be exempted (foundation level + 3 subjects from operational level
Passed Finalists and Members of AAT Sri Lanka are entitled for complete exemption at Certificate Level.
Certificate Level - Complete Level Exemption
- BA 1 Fundamentals of Business Economics
- BA 2 Fundamentals of Management Accounting
- BA 3 Fundamentals of Financial Accounting
- BA 4 Fundamentals of Ethics, Corporate Governance and Business Law
Passed Finalists are eligible for exemptions from the following 03 subjects of the ACCA Applied Knowledge Module and one subject from Applied Skills module
Applied Knowledge Module
- F1 Business and Technology
- F2 Management Accounting
- F3 Financial Accounting
Applied Skills Module
- F7 Financial Reporting
Special Note: As per ACCA Global policy, AAT Passed Finalist who have obtained AAT Qualification through other exemption pathways will not be considered for this exemption
The members of AAT Sri Lanka are eligible to obtain the membership of Institute of Public Accountants (IPA) of Australia
The members of AAT Sri Lanka are eligible to obtain the membership of Institute of Financial Accountants (IFA) in the United Kingdom.
The Passed Finalists of AAT Sri Lanka are eligible to obtain complete exemption from the 1st year of Higher Diploma in Accounting & Finance (HDAF) Program out of two years.
Passed Finalists can register for the Chartered Qualification in HRM (CQHRM) with exemption from ACHRM (Advanced Certificate in HRM ACHRM).
Passed Finalists are eligible to register for the HNDA Course with 1st year exemption.
The Passed Finalists and Members of AAT Sri Lanka are eligible to obtain the following subject exemptions.
Foundation Stage – A
- Economics
- Business Management
Foundation Stage – B
- Financial Accounting
- Business Statistics
- Human Resource Management
- Corporate Administration
Professional Part II
- Taxation