What are the rules on AAT calculators?
You will feel more relaxed and comfortable with a calculator you are familiar with. But which one are you allowed in your AAT exams?
There are only three rules your AAT calculator needs to comply with:
- It must be silent, so it cannot make amusing noises when you press the buttons!
- Cannot be capable of storing text. So you are not able to keep the definition of IAS 16 in your calculator.
- It can’t be programmable.
So as long as you calculator complies with these three rules it is allowed to be used in your exams. However, that does not necessarily mean that is it suitable. There are certain functions which you must have for your exams.
You must have a square root function in order to be able to calculate the economic reorder quantity in Costs and revenues.
However, when you get to level 4 and especially if you want to further your studies, you should be looking for something a bit more advanced. A standard scientific calculator will allow you to calculate the compound interest rates in cash management. This is my scientific calculator, which has seen me through numerous exams and this would be ideal for all of your AAT studies and beyond. I am sure if you looked hard enough it does come in pink if you want!