This AAT (Association of Accounting Technicians) advanced level course is a mid-level accounting qualification, ideal for anyone who is looking to advance their existing knowledge of accounting.
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).
This qualification covers a range of complex accounting tasks. You will learn and master financial processes, including accounting principles and concepts, advanced bookkeeping, final accounts, VAT issues in business, management accounting costing techniques and ethical practices for accountants. You will also gain software skills through spreadsheet training for accounting.
Updated September 2020.
You must have a sound knowledge of bookkeeping principles to undertake the AAT Level 3 programme. Achievement of an AAT Level 2 Foundation Certificate in Accounting is advantageous but not essential.
Unit covers:- understanding accepted principles of accounting and double-entry bookkeeping, understating accounting methods or recording non-current assets, accounting for purchases of non-current assets, accounting for depreciation and adjustments, accounting for disposal of non-current assets, preparing and extending the trial balance.
Final Accounts Preparation
Unit covers:- 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 statement of financial position relating to a partnership.
Management Accounting: Costing
Unit covers:- understanding an organisation’s costing system, 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.
Unit covers: - understanding VAT regulations, completing VAT returns accurately and on time, understanding VAT penalties and adjusting for previous errors, communicating VAT information.
Ethics for Accountants
Unit covers: - 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, understating the ethical responsibility of finance professionals in promoting sustainability.
Spreadsheets for Accounting
Unit covers: - using a spreadsheet to enter, edit and organise numerical and other data, selecting and using appropriate formulas and data analysis tools and techniques, presenting, formatting and publishing spreadsheet information.
You will also develop business communications and lifelong learning skills, applying what you learn on the course to the wider industry context.
On successful completion of this course, you can progress to the AAT Level 4 Professional Diploma. The skills and knowledge you will gain throughout this qualification will qualify you for roles including Finance Officer, Assistant Accountant and Bookkeeper. You will also be eligible for AAT Bookkeeper (AATQB) status, giving you the option to work as a freelance bookkeeper.
AAT Enrolment Fee £44 (unless paid at Level 2 stage)
AAT Membership Fee £94
Exam Fee £231 for all the exams studied in the year
Books approx £40
This course may be funded through our Apprenticeship Scheme or Skills For Industry Scheme – please ask for more details.