What do I learn?
Six modules comprise this Level 3 Diploma programme:
• understanding accepted principles of accounting and double-entry bookkeeping
• understanding accounting methods of recording non-current assets
• accounting for purchase of non-current assets
• accounting for depreciation and adjustments
• accounting for disposal of non-current assets
• preparing and extending the trial balance
PREPARE FINAL ACCOUNTS FOR SOLE TRADES AND PARTNERSHIPS
• 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 financial position statement relating to a partnership.
COSTS AND REVENUES
• understanding an organisation’s costing systems
• 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.
• 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
• understanding the ethical responsibility of finance professionals in promoting sustainability
• understanding VAT regulations
• completing VAT returns accurately and on time
• understanding VAT penalties and adjusting for previous errors
• communicating VAT information
• using a spreadsheet to enter, edit and organise numerical and other data
• selecting and using appropriate formulae and data analysis tools and techniques
• presenting, formatting and publishing spreadsheet information
What do I gain?
You gain a Level 3 Diploma in Accounting.
What do I need?
To do this programme you need:
• AAT Level 2 Certificate in Accounting
• AAT SkillCheck indicating that you are ready to commence the intermediate level. See the AAT website (www.aat.org.uk/qualifications/aat-skillcheck)
What do I gain?
Potential jobs and career paths include:
• Assistant Accounting
• Accounts Payable Clerk
• Credit Controller
• Finance Assistance
• Payroll Supervisor
• Tax Accountant
For further training you can progress to the AAT Level 4 Diploma in Accounting.
What else do I need to know?
In addition to any tuition fee, you will need to purchase a set of text books to support your learning. You also need to become a student member of AAT in order to undertake assessments.
We’ll supply further information when you apply or enquire.