Question 1
Under double-entry bookkeeping, when a business purchases inventory on credit from a supplier, which pair of accounts is affected?
Correct Answer:
Debit Purchases (or Inventory) and credit Accounts Payable
Question 2
A sole trader pays €600 rent for three months in advance on 1 April. At 30 April year-end, what adjusting entry is required?
Correct Answer:
Debit Rent Expense €200 and credit Prepaid Rent €200
Question 3
Which document is the primary book of prime entry for recording credit sales to customers?
Correct Answer:
Sales Day Book (Sales Journal)
Question 4
A trial balance shows equal debit and credit totals but a payment of €450 to a supplier was debited to the supplier account and credited to Purchases. What type of error is this?
Correct Answer:
An error of reversal
Question 5
Opening capital is €25,000, drawings are €4,000, and closing capital is €31,000. What is the profit for the period?
Correct Answer:
€10,000
Question 1
Exam overview

About this Exam

The Accounting Technicians Ireland (ATI) qualification is the leading professional program for accounting technicians in Ireland. It provides a comprehensive, practical, and highly recognized path into the accounting and finance profession. This course is ideal for school leavers, mature students, career changers, and those already working in a finance role who wish to formalize their skills and gain professional membership. It equips graduates with the operational and technical skills to work at all levels of accounting and to progress, if desired, to further professional accounting studies.

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Additional Information

What the Course Entails and Exam Details

The ATI qualification is a two-year program, divided into the Certificate for Accounting Technicians (Year 1) and the Diploma for Accounting Technicians (Year 2). The course covers core aspects of accounting, finance, law, and management, providing a well-rounded business education. For the Diploma, students must also complete the Work Practice Programme, which requires two years of relevant work experience and assessed modules.

Year 1 (Certificate) Modules:

  • Financial Accounting
  • Taxation
  • Business Management
  • Law and Ethics

Year 2 (Diploma) Modules:

  • Advanced Financial Accounting
  • Advanced Taxation
  • Management Accounting
  • Financial Data Management

The examination details are critical: 100% of the formal assessment for each module is an external examination.

 

What to Expect in the Final Exam

ATI examinations are now conducted 100% online through a dedicated examination platform, usually taking place in May each year. There is a resit window in August. Students register for exams directly through the ATI student portal.

For each module, you will sit one exam. The exact format and duration can vary by module but generally includes a mix of question types, such as computational, multiple choice, short answer, and scenario-based questions that require practical application. The passing score for all ATI exams is 50% for each module. The exam regulations prioritize academic integrity and require online proctoring, where you are monitored via webcam and microphone.

 

How to Study and Exam Centers

Effective preparation for the IATI exams involves using official ATI materials and an active study plan. Your primary resources are the module textbooks and the ATI online student portal, which provides access to lecture notes, recorded support lectures, and webinars. The 'MyRevision' online question bank is an invaluable tool for practice. Many students enroll in tuition with an authorized partner college across Ireland or complete the course via ATI Online, which offers structured classes.

Actionable study strategies include forming study groups, completing past exam papers under timed conditions, and participating in mock exams, which are graded with feedback.

It is important to note that while study may take place at various authorized partner colleges throughout Ireland, the final exams themselves are now 100% online. You do not go to a physical exam center to take the test. The exam center is essentially virtual; you sit the exam from a quiet, private location of your choice, ensuring you meet the technical specifications for the online proctoring.

 

 Job Opportunities from the Course

Graduates of the IATI course are highly sought after by employers across all sectors of the Irish economy, including industry, commerce, private practice, and the public sector. The qualification unlocks a clear path for career progression.

Here is a list of job titles and career paths available to IATI graduates:

  • Accounts Assistant
  • Accounts Technician / Accounts Administrator
  • Payroll Administrator / Payroll Specialist
  • Assistant Accountant
  • Bookkeeper / Senior Bookkeeper
  • Accounts Payable Clerk
  • Accounts Receivable Clerk
  • Financial Administrator
  • Credit Controller

Successful completion of the Diploma also provides significant exemptions from the examinations of the professional accountancy bodies, allowing you to fast-track your path to becoming a fully qualified accountant.

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