AAT L4 Accounting Study Manuals – Core Units (2022 syllabus)

Study Manual

Course DurationDuration: 40-50 Hours

Unit LevelLevel: 4

Number of ExamsExams: 4

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Our unique materials are completely up-to-date and mirror the syllabus as set by the Association of Accounting Technicians (AAT).

Tried and tested, and written by our very own course specialists.

Applied Management Accounting

This unit focuses on the three basic areas of management accounting: planning, control and decision-making.

All organisations need accurate, business-focused information to make sound judgements.

This unit will allow you to understand the budgetary process. You will be able to construct budgets and identify and report both on areas of success and on areas of concern. You will also gain the skills to critically evaluate organisational performance.

  • 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

You will gain the skills and knowledge to draft the financial statements of single limited companies. And you’ll learn how to draft the consolidated financial statements for groups of companies.

You will become proficient in your knowledge and understanding of international accounting standards.  You will apply this when you draft the financial statements. You will also understand the regulatory and conceptual frameworks that underpin the preparation of limited company 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

All organisations must guard against fraud through good control systems. But, many businesses underestimate the probability and impact of employee fraud. The accounts department plays a vital role in preventing the misuse of resources, and this unit shows you how to evaluate internal controls and recommend improvements.

  • 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

As this is a self-study option, there are no prerequisites. However, we would assume that you have either completed Level 2 & 3 previously, or have sufficient knowledge to embark upon this level of study.

Basic numerical skills and a good understanding of the English language is also an advantage.

Training Link focuses on only three subjects: Accounting, Bookkeeping, and Payroll.

This keeps us focused on delivering the best student experience. And that’s why over the last 27 years we’ve won over 20 awards – from AAT’S Best New Training Provider in 2018 to ICB’s Large Training Provider of the Year for 10 years in a row.

  • Printed workbook containing lessons, examples, activities and mock exams
  • Activities and Mock exams Answer Book
  • Materials available online
  • 24/7 access to our online portal
  • Online Assessments
  • Additional Online Resources

AAT was established in 1980 and is the world’s leading professional body for accounting technicians with over 130,000 members.

AAT’s qualifications are internationally-recognised, OfQual regulated, and the syllabus has been developed after feedback from businesses so students develop real-world skills which improve their employability. They award 80% of all vocational qualifications in accounting.

Organisations such as Sainsbury’s, P&G, Morgan Stanley, the Ministry of Defence and many more continue to hire AAT qualified members for their knowledge, skills, and diligence.

Studying for an AAT qualification is a much more cost-effective option for school-leavers. It offers the promise of a career in a well-respected profession and doesn’t lead to the eye-watering levels of debt associated with a typical university education.

80% of AAT members that have completed an AAT accounting qualification agree that it has increased their earning potential.*

* – source – AAT’s salary survey 2021

If you choose to sit the exam at the end of this unit, you would be required to have registered as a student with the AAT first. You would then contact your nearest testing centre to book your exam.

To find your nearest venue go to https://www.aat.org.uk/assessment/assessment-venue/search

Tutor support is often overlooked, and whilst it might not be needed at all times, isn’t it good to know that if push comes to shove, you have access to tutor support – Even on a self-study option?

Purchase tutor support when you need it – For one month…or longer, the choice is entirely yours!

You don’t need to decide now. See how you get on, and if you decide that a little support is needed, simply come back here and click the following link…

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