Accounting

Course Information

Introduction

AAT accounting qualifications are universally respected and recognised. While studying this qualification, you will master more complex accounting disciplines including financial processes, advanced bookkeeping, final accounts, and ethical practices for accountants.

If you successfully complete this qualification, you can apply for AAT associate bookkeeping membership and achieve professional AATQB status. You will gain the knowledge and skills needed for accounting roles such as accounts clerk and financial manager.

• Online course

Online taught, only exams to be taken in the college.

Please note that there will be an induction session one week before the start of the course.

Overview

The AAT3 Diploma in Accounting is an intermediate-level qualification designed to enhance accounting skills and knowledge, building on foundational principles. This diploma covers advanced bookkeeping, final accounts preparation, management accounting, and tax processes, providing a comprehensive understanding of accounting practices. It is ideal for those progressing from the AAT2 Certificate or individuals with some accounting experience seeking formal recognition.

The program combines theoretical knowledge with practical application, ensuring learners are well-equipped for various accounting roles. Completing the AAT3 Diploma can significantly improve career prospects and serve as a stepping stone to higher-level accounting qualifications.

Please note this course may be free depending on student circumstances, please enquire for more information

Fees: £2573

Course units/modules

• Business Awareness: Explores the business environment, including economic factors, sustainability, and business structures.
• Financial Accounting: Preparing Financial Statements: Covers the preparation of financial statements for sole traders and partnerships, ensuring compliance with regulations.
• Management Accounting Techniques: Introduces various management accounting techniques for planning, control, and decision-making.
• Tax Processes for Businesses: Focuses on tax processes, including VAT, payroll taxes, and corporate tax, ensuring adherence to relevant tax regulations.

Entry requirements

• Completion of the AAT2 Certificate in Accounting with Merit or Distinction: Applicants should have completed the AAT2 Certificate or an equivalent qualification to ensure they have the necessary foundational knowledge.
• Good Numeracy and Literacy Skills: Applicants should have a good grasp of mathematics and English language skills and should hold a level 2 mathematics and English qualification (GCSE at level 4 or above) or equivalent. Applicants not holding qualifications must complete assessments to demonstrate their competence.
• Relevant Work Experience: While not mandatory, having some experience in an accounting or finance role can be beneficial.
• Basic Computer Literacy: Familiarity with accounting software and basic office applications is advantageous.
• Commitment to Study: A readiness to dedicate time and effort to complete the course requirements and assessments is essential.

Available apprenticeships and progression options

AAT Level 4 Diploma in Professional Accounting - This is the direct progression from Level 3, covering advanced topics like management accounting, drafting financial statements, and budgeting. Benefits: Prepares students for higher-level accounting roles and is the final step towards full AAT membership (MAAT).

Professional Apprenticeships - Enroll in higher-level apprenticeships in accounting or finance, combining work and study. Benefits: Gain practical experience while continuing professional education, often with financial support from employers.

Employment Opportunities - Assistant Accountant, Financial Analyst, Audit Assistant, Payroll Supervisor, Tax Assistant. Benefits: Apply the advanced skills learned at Level 3 in real-world settings, with opportunities for further growth and specialisation.

Volunteering and Internships - Volunteer or intern with non-profit organizations, small businesses, or local community groups. Benefits: Build a resume, gain practical experience, and make professional connections in the industry.

Starting a Business - Use the skills and knowledge gained to start a bookkeeping or accounting practice. Benefits: Independence, the ability to choose clients, and potential for significant income.