AATSL was established in Dec. 1987 on the model of the AAT (UK). AATSL is a non profit organisation. AAT (UK) had been formed in 1980 by the merger of two earlier existing bodies in U.K., namely Association for Accounting Technicians of Finance & Accounting (ATFA) and Institute of Accounting Staff (IAS).
Subsequently AAT Ireland (called Institute of Accounting Technicians Ireland) was formed in April 1983.
Afterwards AATs have been established in Pakistan (now called Institute of Public Service Accountants-Pakistan), in Malaysia (now called Association of Accounting Administrators-Malaysia), in Singapore, and in New Zealand (called College of Accounting Technicians-New Zealand ).
The master plan for Accountancy Education in Sri Lanka prepared by the ADB Inception Misson in 1986, emphasized the need for the Technician Level Accounting Personnel. The Mission Report forecast the Island’s requirement of Accounting Technicians at 12,000 by the year 2000.
AATSL since 1987 has been able to produce 15473 Passed Finalists up to Dec. 2009. Still there is a great potential for Accounting Technicians which has increased immensely with the expanding economy, and now with the new global village concept.
Accounting Technicians are Middle Level Professional Accountants immediately after obtaining the Associate Membership (MAAT). However by gaining experience in the field of Accountancy they can reach to Senior Technician Level (SAT) and Fellow Technician Level (FMAAT), which are considered as well groomed Professional Accountants. One can add more value and recognition to this qualification by gaining qualifications in other Professional Accountancy bodies.