After completing all the examinations including the Talent Capstone, you will be named a “Passed Finalist” (PF). You will be awarded with your PF certificate at a graceful awarding ceremony held at BMICH. Becoming a Passed Finalist is not the end of your journey but the starting point of your life long relationship as a Member of the Institute.
With a view to continuing the relationship of AAT Sri Lanka Passed Finalists with the Association until they eventually obtain professional membership (MAAT) on completion of Practical Training etc., the Governing Council of AAT Sri Lanka has established "AAT Sri Lanka Achievers' Network" - the network of Passed Finalists.
There is a gap at present from the time a Student passes the Final Examination and obtains professional membership. Neither the student nor the Institute benefits much by the Students' "achievement". AAT Sri Lanka therefore wishes to recognize the "Achiever' and opens up avenues for his career development.
This is to inform you of this 'Network' and to invite you to the AAT Sri Lanka family fold so that we grow together to great heights.
Some of the benefits to members of the Achievers' Network;
Upon the completion of one year’s practical training, together with the People and Leadership Skills Work Shop (with effect from July 2015), a Passed Finalist can apply for membership of AAT Sri Lanka.
In order to complete the prescribed 01 year of practical training, you may select either of the following schemes of training;
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
Business Level II - Exemptions of 2 Subjects
B.Sc. Applied Accounting (General Degree)
Passed Finalists and Members of AAT Sri Lanka are entitled for complete exemption at Certificate Level and one subject exemption at Operational Level as listed below.
Certificate Level - Complete Level Exemption
Passed Finalists are eligible for exemptions from the following 03 subjects of the ACCA Knowledge Module and one subject of the skill module.
The members of AAT Sri Lanka are eligible to obtain the membership of Institute of Public Accounts (IPA) of Australia and Institute of Financial Accountants 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 an Finance (HDAF) Program out of two years.
Passed Finalists of AAT Sri Lanka are eligible for exemption from all the subjects at Foundation Level and three subjects at Operational Level.
Passed Finalists can receive their Diploma in Purchasing & Materials Management Enrolment with an exemption from the Certiﬁcate in Purchasing & Materials Management.
Passed Finalists can register for the Professional Qualification in HRM with exemption from CCHRM.
Diploma Level - I Exemption from the “Accounting” subject.
Education (SLIATE) / Technical Colleges in Sri Lanka - All Passed Finalists are eligible to register for the HNDA Course with 1st year exemption.
The Passed Finalists of AAT Sri Lanka are eligible to obtain the following subject exemptions.
Foundation Stage A
Foundation Stage B
Professional Part II
Universities - Sri Lanka
As an AAT Passed Finalist, you are eligible to apply for the registration of following External Degrees:
Passed Finalists are eligible for registration for the Executive Diploma in Business Administration.
Passed Finalists are eligible to register for the BA (General / Special) external degree.
Passed Finalists are eligible to apply for the selection examination of:
Diploma in Management
Universities - Foreign
Once upon successfully completion of the evaluation made on the interview and obtaining successful grade in the English Test, Passed Finalist of AAT Sri Lanka who are having industry experience of minimum 3 months are eligible for first year exemption from BA [Hons] Degree in Professional Accounting out of three years.
As a Passed ﬁnalist of AAT Sri Lanka, you are eligible to enter Level Four (second year) of BA (Hons) Accounting & Finance Programme, subject to:
AA2 level Intermediate / Stage II Passed Students - Registration for the Bachelor of Commerce (B. Com.) Degree (internal) at the University of Wollongong.
Upon becoming a Passed Finalist, having completed one year’s practical training and the 2-day People and Leadership Skills (PLS) Workshop, you will be eligible to apply for the prestigious membership of AAT Sri Lanka. This enables you to use the MAAT credentials after your name. The journey of an AAT student does not end upon completing examinations and becoming a Passed Finalist. Instead, AAT offers you a lifelong relationship as a recognized professional, which will also enable you to receive many varied benefits in the future.
If you are a AAT Passed Finalist with 04 years working experience in Accounting / Auditing / Banking / Taxation OR with University lecturing experience (Accounting / Finance / Auditing / Taxation), you may apply for MAAT Membership by producing comprehensive service letter/s verifying more than 04 years’ experience (after AAT registration) in lieu of training records.
Passed Finalists who hold Senior positions of Government or recognized Private sector organizations and have more than 04 years working experience (after AAT registration) in Marketing / HR are also entitled to this concession.
Students who were registered under the Previous Curriculum (Before 2015) but completed the exams under the new syllabus (i.e. 2015 July onwards) can also apply for membership upon completion of the 4 years of working experience scheme, along with the completion of 2-day People and Leadership skills workshop (PLS) conducted by Business School of AAT Sri Lanka.