Professional Diploma in Accounting AAT

Course Overview

This AAT (Association of Accounting Technicians) professional level course is a higher-level accounting qualification. If you successfully complete this qualification and fulfil the AAT’s work experience requirements, you can apply for AAT full membership and achieve professional AAT Accountant status.

This flexible course is delivered in partnership with Mindful Education and students will take a blended approach to learning with some elements of online tuition and some face to face (the latter sessions will take place at our redeveloped Sketty Hall Business School). 

In this qualification you will cover higher accounting tasks including drafting financial statements, managing budgets and evaluating financial performance, as well as a range of optional specialist units.

Updated September 2020

Entry Requirements

You must have a sound knowledge of accounting principles to undertake the AAT Level 4 programme. Achievement of an AAT Level 3 Advanced Diploma in Accounting is essential.

Course Delivery

Units Include:-

Management Accounting: Decisions and Control
Unit covers: - collating and analysing cost information from various sources, measuring performance and managing costs appropriately, making suggestions for improving financial performance by monitoring and analysing information, preparing performance reports for management.

Financial statements for Limited Companies
Unit covers: -
understanding the regulatory framework underpinning financial reporting, understanding key features of published financial statements, drafting a limited company’s statutory financial statements, drafting consolidated financial statements, interpreting financial statements using ration analysis.

Management Accounting: Budgeting
Unit covers:-
preparing budgets and income expenditure forecasts, assessing budgetary impact of internal and external factors, using budgetary control to improve organisational performance.

Accounting Systems and Controls 
Unit covers: -
understanding the importance and use of internal control systems, evaluating the accoutring system and identifying areas for improvement, conducting ethical and sustainability evaluations of accounting systems, making recommendations to improve the accounting system.

Plus two out of five optional subjects:-

Term 1
Credit management
Unit covers: - understanding relevant legalisation and impact on credit management, using information from various sources to grant customers credit within organisational guidelines, using a range of techniques for debt collection, monitoring and controlling credit supply.

External auditing
Unit covers: -
planning an audit identifying areas for verification and associated risks, conducting a supervised audit, preparing draft reports for approval, understanding auditing principles and legal and professional standards required for an external auditor.

Personal tax
Unit covers: -
calculating income from all sources and identifying taxable and non-taxable items, applying current legalisation to calculate tax payable on income, accounting for capital gains tax according to current legislation, preparing accurate computations and completing relevant parts of self-assessment tax returns.

Terms 2 and 3

Business tax
Unit covers: -
completing corporation tax returns and supporting computations for incorporated businesses, understanding impact of legislation and legislative changes, understanding tax law and its implications for incorporated/unincorporated business, understanding capital assets.

Cash and Treasury Management
Unit covers: -
using statistical techniques and financial information to prepare income and expenditure forecasts, preparing cash to monitor an organisation’s cash flow, managing cash balances effectively, investing surplus funds, observing organisational policies.

You will also develop business communications and lifelong learning skills, applying what you learn on the course to the wider industry context.

Online video lectures are available on demand, and can be viewed from your phone, tablet or computer, meaning you can choose how, when and where you want to study. Each lesson lasts around 45 minutes and is accompanied by animations and motion graphics to bring concepts to life. Exercises, interactive case studies and analytical tools help to enhance the learning experience further.

On campus, you benefit from regular college classes – without having to commit to attending multiple evenings each week. Experienced tutors will discuss and reinforce what you have learnt during your online study and are on hand to provide guidance on progress and assessment. Discussion and debate with classmates will help you apply theories to situations you face in the workplace.

Note regarding Coronavirus (COVID-19): Due to the nature of our online and on campus courses, with key concepts being taught online through high-quality video lectures, students are able to continue their studies seamlessly with social distancing in place. Some of the regular ‘On Campus’ lessons can be replaced by remote ‘virtual classroom’ sessions led by college tutors. This flexible approach can be easily adapted to suit government guidance and college policies.

This course is assessed through computer-based exams and a synoptic assessment, which draws on and assesses knowledge and understanding from across the qualification.

Progression Opportunities

The accountancy skills developed by studying this qualification will enable you to seek employment with confidence, and/or to progress to study chartered accountancy.

The Professional Diploma in Accounting can lead to the achievement of professional AAT (MAAT) status. Employment opportunities include: Accounts Payable and Expenses Supervisor, Assistant Financial Accountant, Commercial Analyst, Cost Accountant, Indirect Tax Manager, Payments and Billing Manager, Payroll Manager, Senior Finance Officer, Senior Insolvency Administrator, Tax Supervisor, VAT Accountant.

Additional Information

AAT Membership Fee


Exam Fee           

£277 for all the exams studied in the year                            

Books approx  


*estimated figures



This course may be funded through our Apprenticeship Scheme or Skills For Industry Scheme – please ask for more details.

Sketty Hall
Course deliverable in Welsh:
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