AAT Level 3 Diploma in Accounting

This AAT Level 3 Diploma in Accounting course has been designed for those with a basic level of experience or knowledge of accounting who wish to develop their accounting career and progress!  During this course, you'll learn more about preparing final accounts, advanced bookkeeping tasks such as preparing and extending the trial balance, and how to accurately complete VAT tax returns.  AAT is the world's leading professional membership body for accounting technicians, working with members around the world. Their accounting courses are highly sought-after and as an AAT qualification, this accredited accounting qualification will help you to progress in your career.  You will need to complete your AAT exams to complete and achieve your qualification. You can choose to add your AAT exams to your enrolment. If you do not add your exams to your enrolment, you will be responsible for booking and paying for your exams.  And if you're thinking of going to university, you'll also be able to gain up to 56 UCAS points to help you secure a place! 

Course Content

Unit 1 Business awareness

• Business types, structure, governance, and the legal framework in which they operate.
• Impact of the external and internal environments on business, their performance, and decisions.
• Understand how businesses and accounts comply with principles and professional ethics.
• The impact of new technologies in accounting and the risks associated with data security.
• Communicating information to stakeholders.

Unit 2 Financial accounting: preparing financial statements

• Accounting principles underlaying financial accounts preparation.
• Principles of advanced double-entry bookkeeping.
• Implementing procedures for the acquisition and disposal of non-current assets.
• Prepare and record depreciation calculations.
• Record period end adjustments.
• Produce and extend a trial balance.
• Produce financial statements for sole traders and partnerships.
• Interpret financial statements using profitability ratios.
• Prepare accounting records from incomplete information.

Unit 3 Management accounting techniques

• Purpose and use of management accounting within organisations.
• Use techniques required for dealing with costs.
• Attribute costs according to organisational requirements.
• Investigate deviations from budgets.
• Use spreadsheet techniques to provide management accounting information.
• Use management accounting techniques to support short-term decision-making.
• Principles of cash management.

Unit 4 Tax processes for businesses

• Legislation requirements relating to VAT.
• Calculate VAT.
• Review and verify VAT returns.
• Understand the principles of payroll.
• Report information within the organisation.