AAT publishes Annual Report 2022

• Strong performance in a challenging operating environment.
• Good financial position protects services to members.
• Long-term aspirations and vision to follow in the new year.

AAT has published its Annual Report 2022, providing an overview of the organisation’s performance during the last financial year.

Focusing on the theme of being responsive, agile and decisive, the new report measures AAT’s success by the impact it has on people’s lives and careers, on businesses, and on economies and society as a whole. It focuses on what AAT has achieved, the environment it is operating in and the challenges ahead, alongside the financial statements.

Highlights in 2021-2022 include:

• Ensuring that qualifications continue to meet the demands of the modern world, AAT successfully delivered all the elements to enable the launch of its new Qualifications 2022 in September 2022.
• For the first time, AAT gave access to remote invigilation for select assessments, allowing students to continue to progress with their qualifications despite Covid-19 restrictions.
• AAT’s new Accountable campaign – shortlisted in the Tolley’s Taxation Awards 2022 – continued to raise awareness of professional standards and the need to bring all accountants under the supervision of a professional membership body.
• The first-ever virtual conference for AAT students – accelerAATe 2022 – was piloted with more than 2,270 students logging on.
• Informi – AAT’s free website with practical and expert advice for small businesses – continued to support SMEs with resources to help their businesses survive and thrive.

Sarah Beale, Chief Executive, AAT, said:

“I joined AAT in a year like no other, against the backdrop of a complex and uncertain political and financial environment. Despite external storms, I’m delighted that we continued to be the largest awarding body, operating at a high quality level to provide life-changing financial qualifications, as well as further developing support for our members.

The 2021-2022 financial year saw AAT deliver a strong performance in a challenging operating environment. AAT has been able to protect and develop services to students and members, while adopting more agile ways of working for colleagues and customers alike.

“In the new year, we’ll share our long-term aspirations and vision for AAT, presenting what we would like to achieve and become by 2030. We see a role and contribution from AAT that’s much broader than qualifications and membership alone. We want to have a greater impact on the wider profession and society, delivering our charitable objectives and building an even stronger voice to influence government policy, on behalf of the profession.”

For more information, visit AAT’s website to download the full Annual Report and accounts and see AAT’s video with highlights from this year’s report.