Improve Your Earnings Potential and sign up to Training Link’s New and completely upgraded AQ2016 Level 3 and Level 4 Professional Diploma in Accounting Course Today.
This comprehensive package includes all six units making up the Level 3 Advanced Diploma in Accounting Course, as well as the four mandatory units and two optional units (from five) making up the Level 4 Professional Diploma in Accounting Course.
Training Link’s bespoke learning materials and highly effective resources have been developed specifically to ensure that you achieve your goals quickly and smoothly.
- Training Link’s bespoke printed AND online materials
- FREE Study Accessory Pack
- Online resources significantly reduce the amount of time taken to complete the course
- Award winning Personal Tutor available via e-mail and telephone
- Extensive Exam Preparation
- Student Services Department operational 7 days a week
- Course Administration Department
- Training Link’s Student Street community is yours to engage in 24/7
- Entitlement to apply for a TOTUM card
The Level 3 Diploma in Accounting Course consists of six units for which you will receive individual workbooks containing lessons, examples and activities.
There are four units for which you will sit an exam at the end of each unit, plus two further units which will be tested as part of a Synoptic assessment. The Synoptic assessment will include elements of the four units already studied, PLUS you will be tested on knowledge of Spreadsheet Software and Professional Ethics (making six in total).
Indirect Tax (IDRX)
This unit covers the treatment of VAT, VAT thresholds, when to register for VAT, how to complete a VAT return and all you need to know about VAT for the small to medium business
Advanced Bookkeeping (AVBK)
This unit follows on from trial balance stage at level 2. You will learn how to prepare accounts from partial information, correction of errors and how to produce an Extended Trial Balance in preparation of preparing financial statements.
Final Accounts Preparation (FAPR)
You will learn how to prepare financial accounts (statement of profit and loss and statement of financial position) for sole traders and partnerships.
Management Accounting: Costing (MMAC)
This unit covers the different elements of costs and how to create and use data for decision making.
The Synoptic assessment tests everything you have learned so far plus:
- Professional Ethics (Unit 5 – Ethics for Accounting) and
- Spreadsheet Software (Unit 6 – Spreadsheet for Accounting).
You will also sit this assessment at an exam centre.
As with the other units, you will be supplied study materials for Spreadsheet Software and Professional Ethics and have access to assignments, mock exams and tutor support.
Exams are to be taken at an AAT approved exam venue.
The AAT Level 4 Professional Diploma in Accounting covers higher level accounting tasks, including drafting financial statements, managing budgets and evaluating financial performance. You’ll also have the opportunity to specialise in areas from tax to auditing and credit control with the optional units.
Once you’ve achieved this level, you’ll be awarded the AAT Accounting Qualification. With evidence of one year’s past relevant work experience you’ll be able to apply to become a full member of AAT and use the letters MAAT after your name.
This course consists of four mandatory units and two optional units. You will receive individual workbooks containing lessons, examples and activities. Assignments are accessible 24/7 online with instant marking enabling fast progression. Your allocated tutor will be on hand to answer any questions and guide you through the learning process. Extra lessons, examples and tests are available along with comprehensive exam preparation and practice ensuring you are confident and fully prepared for the exams.
Level 2 AAT Accountancy or equivalent. Please contact us if you hold a qualification or have experience in Bookkeeping and Accounts. We can then assess and advise on any exemptions that may be allowable
A good understanding of the English language is essential.
Approximately 670 to 740 hours study time with our time saving utilities.
Ofqual suggest the Total Qualification Time equates to 1080 hours for both levels.
You have up to 18 months support for Level 3 and up to 36 months support for Level 4 from the day you enrol. That being said, this complete package can be completed in as little as 12 to 24 months. Much depends on how much time you can dedicate to your studies.
Training Link’s AAT home study courses are specially written and created by our in-house team of highly experienced subject specialists and tutors, and have been created specifically for home study. All printed material is yours to keep for future reference and at no extra cost.
Your personal tutor will be available to you via e-mail and telephone during normal working hours and often during evenings and weekends. Access to our Student Services department is available 7 days per week by e-mail
Online resources, assignments and tests are accessible 24/7 on any device with an internet connection. You will also have access to the learning content and lessons within your personal learning area. Instant marking of assignments enables you to progress quickly and smoothly with your tutor on hand to answer any questions and guide you through the learning process.
On completion of your assignments you will receive comprehensive exam preparation and practice ensuring you are confident and fully prepared for the exams.
Join in with hundreds of Training Link students and staff on our ‘Student Street’ community where you will find useful discussion, help and even a bit of humour along the way.
Q: What is the average completion time for these courses?
A: Much depends on how easily you adapt or if you have any previous knowledge or experience in the topics covered. The guided learning hours for this course is 670 to 740; our statistics show that based on these learning hours, our students take anything from 18 to 24 months to complete.
Unit 1 – Indirect Tax
- Understand and apply VAT legislation requirements
- VAT Invoices and Tax Points
- Further Aspects of VAT
- VAT Schemes for Smaller Businesses
- VAT for Overseas Transactions
- The VAT Return
- HMRC and VAT Administration
Unit 2 – Advanced Bookkeeping
- Apply the principles of advanced double-entry bookkeeping
- Implement Procedures for the Acquisition and Disposal of Non-Current Assets
- Record Period End Adjustments
- Produce and Extend the Trial Balance
Unit 3 – Final Accounts Preparation
- Distinguish Between the Financial Recording and Reporting Requirements of Different Types of Organisation
- Explain the need for final accounts and the accounting and ethical principles underlying their preparation
- Prepare accounting records from incomplete information
- Produce Accounts for Sole Traders
- Produce Accounts for Partnerships
Unit 4 – Management Accounting – Costing
- Understand the purpose and use of management accounting within an organisation
- Be able to calculate costs, contribution and reported profits
- Be able to calculate direct material costs
- Be able to calculate direct labour costs
- Be able to account for overheads
- Be able to do marginal costing
- Be able to do activity based costing
- Short term decision making
- Types of costing system
- Introduction to budgeting
- Long term decision making
Unit 5 – Ethics for Accounting
- The principles of ethical working
- Behaving in an ethical manner
- Taking appropriate action
Unit 6 – Spreadsheet for Accounting
- Introduction to spreadsheets
- Advanced spreadsheet techniques
Financial Statements of Limited Companies (FSLC)
- To develop students’ knowledge so that they are able to understand the regulatory and conceptual frameworks which underpin the preparation of limited company financial statements
- To develop students’ knowledge and skills so that they able to understand and apply International Financial Reporting Standards and relevant legislation in the drafting of financial statements of single limited companies and consolidated financial statements
- To develop students’ knowledge and skills so that they are able to analyse and interpret the financial statements of limited companies using ratio analysis
Management Accounting: Budgeting (MABU)
- Prepare forecasts of income and expenditure
- Prepare budgets
- Assess the impact of internal and external factors on budgets
- Use budgetary control to improve organisational performance
- Report budgetary information to management in a clear and appropriate format
Management Accounting: Decision and Control (MDCL)
- Collate and analyse cost information from various sources
- Be able to use standard costing to analyse performance
- Be able to use appropriate techniques to measure performance and manage costs
- Make suggestions for improving financial performance by monitoring and analysing information
- Prepare performance reports for management
Accounting Systems and Controls (ASYC)
- Understand the role of accounting within the organisation
- Understand the importance and use of internal control systems
- Evaluate the accounting system and identify areas for improvement
- Conduct an ethical evaluation of the accounting systems
- Conduct a sustainability evaluation of the accounting system
- Make recommendations to improve the accounting system
Optional units – You will be required to choose 2 from the following:
Cash and Treasury Management (CTRM)
- Use statistical techniques and financial information to prepare forecasts of income and expenditure
- Prepare cash budgets
- Use cash budgets to monitor cash flow within the organisation
- Manage cash balances effectively
- Raise finance in accordance with organisational requirements
- Invest surplus funds observing organisational policies
Credit Management (CDMT)
- Understand relevant legislation that impacts upon credit management
- Use information from a variety of sources to grant credit to customers within organisational guidelines
- Use a range of techniques for the collection of debts
- Monitor and control the supply of credit
Personal Tax (PLTX)
- Demonstrate an understanding of legislation and procedures relating to personal tax
- Understand the current taxation principles of income from employment, investment income, property income and capital gains tax
- Calculate income from all sources and apply relevant allowances, deductions and reliefs to prepare accurate income tax computations
- Calculate the income tax liability of an individual
- Calculate the capital gains tax liability of an individual
- Prepare accurate computations and complete sections of relevant tax returns
Business Tax (BSTX)
- Understand the impact of legislation and legislative changes
- Understand tax law and its implications for unincorporated businesses
- Understand tax law and its implications for incorporated businesses
- Understand how to treat capital assets and prepare the relevant pages of a tax return for an unincorporated business and accurately produce the computations to support this
- Correctly complete corporation tax returns with all supporting computations for incorporated businesses
External Auditing (ETAU)
- In the External Auditing unit students develop an understanding of the legal and regulatory requirements relating to external audit engagements and how the external audit process meets those requirements.
- Students should demonstrate knowledge of the concept of assurance, internal controls within accounting systems, the different types of audit evidence and the use of interview and listening skills.
- Students should understand the role of materiality and risk assessment in the external audit process
The units are assessed by means of Computer Based Assessments (CBA). These are to be completed at the approved AAT assessment centre of your choice (subject to availability).
Assessment fees are payable to the centre/venue and may incur an administration fee.
On completion of all units you will be presented with a Diploma from the AAT
A series of online knowledge tests throughout the courses, End of course tests and Online exam simulation tests (Mock Assessments) are the perfect way to ensure you have the best possible chance of success. Our specialist department will provide you with feedback advice and support, plus any additional lessons and tests you may need prior to taking an assessment.
Arranging an assessment:
A major advantage with our home study courses is the flexibility for taking assessments. There are over 200 external assessment venues available in the UK. To find your nearest venue go to https://www.aat.org.uk/assessment/assessment-venue/search
Just enter your postcode and the distance in miles you are willing to travel and hit Submit. You will see the venues in order starting with the nearest to you.
So when the time comes to take an assessment you can choose from the list and contact them to arrange a suitable time and date.
The AAT Advanced Diploma in Accounting is subject to re-sit restrictions.
Students will only be entered for an assessment once they are well prepared and they are expected to pass.
The AAT Advanced Diploma in Accounting is subject to re-sit restrictions in England, Wales and Northern Ireland when offered to 16–19-year-old students as part of their study programme. If those students who are subject to re-sit restrictions fail any of the unit or synoptic assessments at the first sitting, they will have only one opportunity to re-sit the assessment, which will be different from the first, within their programme of study. If they do not pass an assessment after one re-sit, they will not be able to undertake further attempts within their current agreed study programme and will not have achieved the qualification.
Award-Winning AAT Training
You can maximise your chances of success by choosing Training Link. And that’s reflected by the number of awards we’ve won that recognise our exceptional standards of educational excellence and tutor support.
We have over 23 years of experience in offering training and provide a level of expertise that competitors can’t match. And when we recently introduced our AAT courses, we were very quickly recognised by AAT and won Best New Training Provider at the AAT Awards 2018.