Grades of Membership

In addition to the four professional grades listed above, there is the entry grade of Affiliate Member. The five grades of membership within Accountants Institute are explained below:

Affiliate Member (AMAI)

Professional Accountants and students considering a career as a Specialist Accountant can join Accountants Institute as an Affiliate Member. Affiliate membership is open to any adult who can be regarded as a “fit and proper person”. Affiliate members are entitled to use the designation “AMAI” and describe themselves as an “Affiliate Member of Accountants Institute”. Upon completion of the registration process Affiliate members will then have access to all the facilities offered to members, which includes gaining Accountants Institute qualifications and applying for other professional membership grades.

Qualified Accounting Technician (QAT)

Qualified Accounting Technicians are regarded as more senior than Graduate Accounting Technicians and will be further qualified in their Learning & Experience. They may typically find themselves employed in various sized organisations as more experienced junior accountants, perhaps in charge of small departments, or specialising in particular reporting roles. Again, they may be self-employed book-keepers, perhaps employing other book-keepers within their business, and preparing the basic accounts for small businesses and other self-employed persons. Achievement at this level reflects the ability to identify and use relevant understanding, methods and skills to address broadly-defined, complex problems. It includes taking responsibility for planning and developing courses of action as well as exercising autonomy and judgement within broad parameters. It also reflects understanding of different perspectives, approaches or schools of thought and the reasoning behind them. Qualified Accounting Technicians must have achieved a minimum combination of Learning & Experience totalling at least 6,400 Spectrum Hours before they can be awarded the “QAT Qualified Accounting Technician with Accountants Institute” Professional Membership Qualification.

Registered Qualified Accountant (RQA)

The Registered Qualified Accountant is a Fully Qualified Professional Accountant operating at the professional level. They are more senior than Qualified Accounting Technicians and are competently qualified to manage the financial and management aspects of organisations of all sizes. They may typically find themselves employed in large organisations in business critical positions of great importance or working as consultants specialising in all aspects of accounting matters. Achievement at this level reflects the ability to refine and use relevant understanding, methods and skills to address complex problems that have limited definition. It includes taking responsibility for planning and developing courses of action that are able to underpin substantial change or development, as well as exercising broad autonomy and judgement. It also reflects an understanding of different perspectives, approaches or schools of thought and the theories that underpin them. Registered Qualified Accountants must have achieved a minimum combination of Learning & Experience totalling at least 9,600 Spectrum Hours before they can be awarded the “RQA Qualified Accountant with Accountants Institute” Professional Membership Qualification.

Fellow Qualified Accountant (FQA)

The Fellow Qualified Accountant is a Fully Qualified Professional Accountant operating at the Strategic level. They are more senior Registered Qualified Accountants and are competently qualified to manage the financial, management, and strategic aspects of organisations of any size. They may typically find themselves employed in large organisations in business critical positions normally at board level or working as partners and senior consultants specialising in all aspects of accounting and business matters. Achievement at this level reflects the ability to reformulate and use relevant understanding, methodologies and approaches to address problematic situations that involve many interacting factors. It includes taking responsibility for planning and developing courses of action that initiate or underpin substantial change or development, as well as exercising broad autonomy and judgement. It also reflects an understanding of relevant theoretical and methodological perspectives, and how they affect their area of study or work. Fellow Qualified Accountants must have achieved a minimum combination of Learning & Experience totalling at least 15,600 Spectrum Hours before they can be awarded the “FQA Qualified Accountant with Accountants Institute” Professional Membership Qualification.