AAT’s annual report is out, and it shows income for the year rose to £33.5m, up from £32.5m in 2023.
Costs were up too, by £3.2m, which meant there was a surplus of £0.6m from recurring income.
AAT now has 51,395 professional members and 67,416 students across 104 countries. And, some 5,846 new professional members joined the fold during the year.
The good news is that completion rates for the accountancy qualifications were up 16.1% year-on-year. And, AAT surpassed its target of 20,200 by 3,252.
Starts among those studying an accountancy apprenticeship with AAT also rose by 17%, and the number of businesses offering the AAT apprenticeship qualifications jumped by 24%
Student and affiliate fees broke the £9m barrier in 2024, and assessment brought in another £13.3m.
Finally, for the curious, CEO Sarah Beale’s salary and total benefits were £225,000.
Don’t forget PQ magazine is your totally free monthly rundown of what is happening in the PQ world. Sign up for your free copy at www.pqmagazine.com