Accounting & Book-keeping

Level 3 AAT Advanced Diploma in Accounting

Introduction

Looking to study accounting but want to fit it around other commitments? This online and on campus course is perfect for those who require a blended learning approach, looking to progress their financial career with this next step in AAT qualifications. This Level 3 qualification requires you to attend college once a week - studying with likeminded classmates and expert tutors to back up your online learning, in practical study sessions.

During this course you will master more complex financial processing, including final accounts for sole traders and partnerships, report and returns and professional ethics. The course will develop the underpinning knowledge and skills required for a career in bookkeeping and accounting.

Please note, all applicants will be applying to start in September 2023. Applications for 2022 have now closed.

• Course Code

  Course Code:

  0052

• Entry Criteria
  • Level 2 maths and English (A* to C grade GCSE or equivalent)
  • AAT Level 2 Certificate with the maximum of 2 resits during level 2
  • Good working knowledge of Excel
  • If you are not one of our progressing students you will need to complete an initial assessment

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  This course is for students aged 19 or over, if you are under 19 you will be better suited to an apprenticeship programme. You may be entitled to apply for a 19+ Advanced Learning Loan to help pay for your studies. Call our admissions team on 01923 812345 for more information on fees.

  You will need to register or renew with AAT directly as a student member. This is approximately £130 per annum.

  
  Our part-time provision is designed primarily for adult students, aged 19 and over. Students aged 16 to 18 may be allowed to enrol on the course at the discretion of the Head of Admissions and Head of School. If you have any queries please contact our admissions team on 01923 812345.
• What will I study?

  The AAT Advanced Diploma in Accounting covers a range of complex accounting tasks, including maintaining cost accounting records and the preparation of reports and returns.

  Employers also contribute to the development of AAT qualifications. A student who passes an AAT assessment is passing a test of real workplace skills, set in a real workplace scenario context, which has been reviewed by practitioners and industry experts.

  It comprises of six mandatory units. Four units are assessed individually in end-of-unit assessments. This qualification also includes a synoptic assessment that students sit towards the end of the qualification, which draws on and assesses knowledge and understanding from across the qualification.

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  Topics to be studied include:

  • Final accounts preparation
  • Understanding accepted principles of accounting and double-entry bookkeeping
  • Understanding accounting methods of recording non-current assets
  • Accounting for purchase of non-current assets

  • Accounting for depreciation and adjustments

    • Accounting for disposal of non-current assets

    • Preparing and extending the trial balance

  Advanced Bookkeeping

  • Understanding the process involved in preparing final accounts

  • Preparing accounting records from incomplete information

  • Producing final accounts for sole traders

  • Understanding partnerships’ legislative and accounting requirements

  • Preparing a statement of profit or loss appropriation account

  • Preparing a financial position statement to a relating partnership

  Management Accounting: Costing

  • Understanding an organisation’s costing systems

  • Recording and analysing cost information

  • Apportioning costs to organisational requirements

  • Analysing budget deviations and reporting these to management

  • Using information gathered from costing systems to assist decision making

  Ethics for Accountants

  • Understanding principles of ethical working

  • Understanding ethical behaviour when working with internal and external customers Understanding when and how to take appropriate action following suspected ethical codes breaches

  • Understanding the ethical responsibility of finance professionals in promoting sustainability

  Indirect Tax

  • Understanding VAT regulations

  • Completing VAT returns accurately and on time

  • Understanding VAT penalties and adjusting for previous errors

  • Communicating VAT information

  Spreadsheets for Accounting

  • Using a spreadsheet to enter, edit and organise numerical and other data

  • Selecting and using appropriate formulae and data analysis tools and techniques

  • Presenting, formatting and publishing spreadsheet information

• What can I do next?

  Successful students can progress on to the AAT Diploma Level 4 or in to employment.

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  Skills developed through this qualification can lead to employment as:

  • An accounts assistant
  • An accounts payable and expenses supervisor
  • An accounts payable clerk
  • An assistant accountant
  • An audit trainee
  • A corporate recovery analyst
  • A credit controller
  • A finance assistant
  • A finance officer
  • An indirect tax manager
  • An insolvency executive
  • A payroll supervisor
  • A professional bookkeeper
  • A senior bookkeeper
  • A tax assistant

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  For more information on the career opportunities available to you upon completion of this course visit the National Careers Service.

• Fee Info

  Fee information is not currently available for this course, contact our admissions team on 01923 812345 or admissions@westherts.ac.uk to find out more.

  
  You may be eligible for funding to assist with courses fees and costs. To find out more please contact us on 01923 812345.
Apply now