Accounting & Book-keeping

Level 4 AAT Professional Diploma Accounting

Introduction

The AAT Professional Diploma in Accounting covers high-level accounting and finance topics and tasks. 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. You will look at and become comfortable with a wide range of financial management skills and applications, and gain competencies in: drafting financial statements for limited companies; recommending accounting systems strategy, and constructing and presenting complex management accounting reports. You will also learn about specialist areas such as tax, auditing, credit and debit management and cash and financial management.

The Level 4 Diploma in Professional Accounting qualification will suit those who have completed the Level 3 Diploma in Accounting and would like to continue to build their accounting skills, or are already working in finance and would like a formal recognition of their skills.

• Course Code

  Course Code:

  0053

• Entry Criteria
  • Level 2 maths and English (A* to C grade GCSE or equivalent)
  • Level 3 AAT Advanced Diploma in Accounting with the maximum of 2 resits during Level 3
  • 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 an Advanced Learning Loan to help pay for your studies. Call our course enquiry 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 mandatory units to be studied are:

  Applied Management Accounting

  • Understand and implement the organisational planning process

  • Use internal processes to enhance operational control

  • Use techniques to aid short-term and long-term decision making

  • Analyse and report on business performance

  Drafting and Interpreting Financial Statements

  • Understand the reporting frameworks that underpin financial reporting

  • Draft statutory financial statements for limited companies

  • Draft consolidated financial statements

  • Interpret financial statements using ratio analysis

  Internal Accounting Systems and Controls

  • Understand the role and responsibilities of the accounting function within an organisation

  • Evaluate internal control systems

  • Evaluate an organisation’s accounting system and underpinning procedures

  • Understand the impact of technology on accounting systems

  • Recommend improvements to an organisation’s accounting system

  Selected Optional Units: Personal Tax

  • Understand principles and rules that underpin taxation systems

  • Calculate UK taxpayers’ total income

  • Calculate income tax and National Insurance contributions (NICs) payable by UK taxpayers

  • Calculate capital gains tax payable by UK taxpayers

  • Understand the principles of inheritance tax

  Credit and Debt Management

  • Understand relevant legislation and contract law that impacts the credit control environment

  • Understand how information is used to assess credit risk and grant credit in compliance with organisational policies and procedures

  • Understand the organisation’s credit control processes for managing and collecting debts

  • Understand different techniques available to collect debts

  Assessment Method This course is assessed through computer-based exams, which draws on and assesses knowledge and understanding from across the qualification. Students must successfully achieve the three mandatory unit assessments and two optional unit assessments to achieve this qualification.

• What can I do next?

  Skills developed through this qualification can lead to employment as: - Accounts Assistant - Credit Controller - Bookkeeper - Payroll Manager - Finance Analyst - Tax Manager

  You can also choose to start your own business through the AAT licensed members scheme or continue your studies for chartered accountant status.

• Fee Info

  Course Fee: £2,824.00

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

  Starting	Time	Day	Duration	Site
  06 Jan '23	09:30 - 16:30	Friday	22 weeks	Watford Campus
  05 Jan '24	09:30 - 16:30	Friday	22 weeks	Watford Campus

Apply now