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All the active AAT students who wish to complete subjects or stages of AAT Examinations by exemption upon required qualifications should apply for such exemptions along with the registration or immediately after the registration.
Anyhow the students who are pending the required qualifications to apply for the exemptions at the time of registration should apply for the same subsequently subject to following closing dates.
Closing dates for Exemptions
 For July Examination-31st March
For January Examination-30th September
As no subsequent complete result sheet will be offered incorporating the subsequent exemptions granted after the closing dates, you are strictly advised to adhere to the above dates.
Exemption once granted will not be cancelled under any circumstances.
Your choice to complete a subject of AAT must be either by Examination or by Exemption only.
Exemption Fee Structure
| FOUNDATION |
INTERMEDIATE |
FINAL |
| Same as Exam Fees |
Same as Exam Fees |
Same as Exam Fees |
| Exemption Fees are subject to revision |
For detailed Exemption fees please see the relevant section in the Students' Guide and also the Examination Application Form. Students who have completed the former CAA Exam will be transferred to Intermediate Level without any extra Exemption Fee.
EXEMPTION REQUIREMENTS
- Duly completed Original Exemption Application Form
- Depositor’s Original Copy of Bank Pay-in-voucher (with Bank Stamp)
- Certified Photocopies of the Educational Certificates based on which the exemptions are claimed
- Acknowledgement Postcard with the appropriate postage stamp affixed and the Name and Address of the applicant written clearly.
Important: A certificate of exemption should be obtained before applying for examinations. Exemption Application and pay - in - slips are part of the AAT Students’ Guide.
If the Exemption Certificate is lost/misplaced, a duplicate certificate could be obtained by making a payment of Rs. 100/-.
For this a written request should be made by the student.
Exemptions under New Syllabus
1) Foundation - Subject Exemptions
Registered active Students who have passed the G.C.E. (A/L) Examination (SRI LANKA / (UK) in the following subjects are eligible to be exempted from Foundation examination subjects as indicated below
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(i) G.C.E. (A/L) Subject
1 Accounting
2 Pure Mathematics / Combined Mathematics /
Applied Mathematics / Business Statistics
3 Economics
4 Business Studies / Commerce and Finance
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(i) AAT - Foundation exempted subject
1 Basic Accounting
2 Business Mathematics and Statistics
3 Economics
4 Business Studies
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(ii) I.A.B. Final Examination
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(ii) Basic Accounting only
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2) Complete Exemption from Foundation Examination
| *1. |
Certificate in Accounting and Business of ICASL (CAB-I) |
| *2. |
Certificate Level of CIMA (UK) |
| 3. |
Fundamentals (Knowledge Level) of ACCA (UK) / CAT examination of ACCA
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| 4. |
National Diploma / National Certificate in Business Studies conducted by Government
Technical Colleges/ Advanced Technical Institutes.
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| *5. |
Second year Examination of the HNDA / HNDC / HNDM at
Government Technical Colleges / Advanced Technical Institutes.
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| *6. |
First and Second year Examinations of B.Com / Business Administration/ Public
Administration/ Economics Degree, (Accounting, B.M.S. included) of a recognised University.
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| 7. |
C.B.F. Examination of the Institute of Bankers (SL / UK). |
| 8. |
Certificate in Accounting & Auditing (AATSL) |
| 9. |
Diploma in Management Studies (OUSL) |
| *10. |
Foundation Examination of ICMASL |
* also eligible for Bus-Maths & Statistics exemption of the Intermediate Level
3) The scheme of exemptions for those who have a pass at level “C” or above in individual subjects at one and the same examination but failed the ICASL Certificate in Accounting and Business II (CAB II) Examination is as follows :-
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Subjects and Exam Passed at ICASL Examination
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Subjects and Exam exempted at AATSL Examinations
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1. Individual subjects of CAB - I
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1. Corresponding subjects of Foundation
Examination of Bus-Maths and Statistics of Internediate Level
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2. CAB - I Examination
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2. Foundation Examination of Bus-Maths and Statistics of Internediate Level
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3. CAB - I and “C” or above grade pass for
Accounting Applications and Taxation at CAB -
II Examination
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3. Foundation Examination and Subject Bus-Maths and Statistics,
Accounting and Control Systems at Intermediate
Examination and Subject - Advanced Financial
Accounting at Final Examination.
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4. CAB - I and “C” or above grade pass for
Fundamentals of Management Accounting
and Business Finance at CAB-II Examination |
4. Foundation Examination and subject Subject Bus-Maths and Statistics of Intermediate Level and Management Accounting & Business Finance at
Final examination
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4) Complete Exemption from Foundation and Intermediate Examinations
Those who possess one of the following qualifications are eligible for exemption from the above mentioned two examinations provided they have passed in subjects which, in the opinion of the Governing Council, can be considered as equivalent to each of the subjects of Foundation and Intermediate examinations.
i. A Degree of a Recognised University with passes in ;
(a) Business Mathematics (b) Statistics and (c) Information Management of Application in Business
ii. National Certificate for Accounting Technicians (NCAT) conducted at Government Technical Colleges.
iii. Intermediate examination of ICMASL
iv. Passed Finalist of HNDA / HNDC / HNDM- Government Technical Colleges / Advanced Technical Institutes
5) Exemptions for other University Degrees
They are entitled to the following exemptions
(i) Complete Foundation
(ii) Intermediate
((01) Business Law & Management
They will have to sit and pass only the following question papers of the examinations indicated.
Intermediate - Information Management & Application in Business / Accounting and Control Systems / Business Maths & Statistics.
Final - All Subjects
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