Course overview

Awarded by the Association of Accounting Technicians (AAT), the AAT Level 3 Advanced Diploma in Accounting is the intermediate level of the internationally recognised AAT qualification.

This course is ideal if you have completed the AAT Level 2 Foundation Certificate in Accounting or are competent in manual double-entry bookkeeping and want to further develop your accounting skills. You will learn a range of complex accounting tasks such as maintaining cost accounting records and the preparation of income statements, reports and returns.

The AAT qualification is respected by employers around the world, providing you with excellent career prospects.

Additional financial support may be available for this course.
Subject to availability. Terms and conditions apply.

Key facts

  • Attendance: 9.15am-1pm on Tuesdays during term times
  • Duration: 12 months
  • Start date: 12 September 2017
  • Location: Godmanchester, Huntingdon (Cambridgeshire)

Membership of AAT

As a student on this programme you will need to register as a student member with the AAT. You can register online at www.aat.org.uk. Your AAT membership will give you access to extensive e-learning resources, forums, networking opportunities and practice assessments.

Course content

This course offers a combination of classroom lessons, regular tutorial support and online study.

You will look at the following six units:

Advanced Bookkeeping

  • Preparation of final accounts for sole traders, developing your understanding of accounting systems and the environment and principles under which organisations operate.
  • Accounting adjustments and accounting for fixed assets.

Final Accounts Preparation

  • Legal requirements and preparation of partnership accounts, showing division of profits after adjusting for interest on capital, interest on drawings and any salaries due to each partner.
  • Preparation of final accounts for partnerships and developing skills in restructuring accounting information.
  • Preparing final accounts for sole traders, including the accounting treatment required to incorporate accruals and prepayments, provision for depreciation, irrecoverable debts and allowance for doubtful debts.

Management Accounting Costing

  • Identifying why cost accounting is an important tool for an organisation.
  • Different approaches to cost accounting and making informed and reasoned judgements to guide management and help decision making.

Indirect Tax

  • Understanding current VAT regulations and building your knowledge of VAT registration requirements, different VAT schemes available, penalties for non-compliance and the different types of classification of supplies.
  • Performing the calculations needed to complete a VAT return.
  • Submitting completed documentation in a timely manner while maintaining an effective working relationship with the relevant tax authority.

Spreadsheets for Accounting

  • How to use software for recording data in rows and columns, perform calculations with numerical data and present information using charts and graphs.

Ethics for Accounting

  • Importance of ethical duties and how to work within the code to ensure that the public can gain confidence in accounting practices or functions.
  • Protecting your organisation’s professional reputation and integrity.

Functional Skills

If you are undertaking this qualification as part of the Advanced Appprenticeship in Accounting you will also undertake Level 2 Functional Skills in Maths and English (unless exempt) and complete a CFA Employment Rights and Responsibilities Workbook and Personal, Learning and Thinking Skills.

Assessment

You will undertake computer based exams or projects. As an AAT accredited exam centre you will be able to take your exams at college without the need to travel to an external exam centre.

If you are undertaking Functional Skills you will also undertake exams and practical assessments to complete these.

Entry requirements

You should be competent in manual double-entry bookkeeping as well as having basic maths and English skills.

Advanced Apprenticeship

If you are undertaking this qualification as part of the advanced apprenticeship you must be living and working in England and employed in a suitable accounting/finance role, earning at least the National Minimum Wage for Apprentices. Unfortunately if you have a level 4 qualification or above (e.g. HNC/HND/Degree) you will not be eligible to undertake an apprenticeship.

Course fees

Please note that course fees listed below apply to courses starting before the 1 May 2017. Fees for courses starting on, or after, 1 May 2017 will be published in due course.

We offer two different payment options; payment in full, or our ‘Pay as you Learn’ monthly payment scheme – details of these payment options can be found here. Sources of financial help can be found on our student finance page.

Before making any change in your financial undertakings it is recommended that you seek advice from an independent source, for example the Money Advice Service.

Advanced Apprenticeship in Accounting

Age at start of course Annual Fee Scheme (?) Pay as You Learn Scheme (?)
16-18 No fees payable No fees payable
19-23 £1,275 per year payable by employer £97 per month
24+ £1,350 per year payable by employer £99 per month
Overseas Not available Not available

AAT Level 3 Advanced Diploma in Accounting

Age at start of course Annual Fee Scheme (?) Pay as You Learn Scheme (?)
16+ £1,987 per year £165 per month
Overseas Not available Not available
If you are over 19 years of age you may be entitled to apply for an Advanced Learner Loan to help fund your studies! Find out more…

In addition to course fees you will be required to pay for AAT membership, exam fees (approximately £222)* and textbooks. If you are fully funded, your exam fees will be refunded upon successful completion of term 1.

* Exam fees are recharged at cost and may be subject to change.

These are current figures and may be subject to change.

The differences in course fees reflect the level of funding that is available as a result of government policies and priorities. These may be the result of age, employment status, previous education achievements or location for example, and are outside the control of CAW Business School.

What next?

After completing this qualification, you will have the opportunity to apply for the AAT Level 4 Professional Diploma in Accounting course.

The Level 3 AAT qualification will allow you to work in a variety of roles, such as:

  • Assistant Accountant
  • Accounts Payable Clerk
  • Credit Controller

Testimonials

What our AAT students say…

We asked our students what aspects of their course they have most enjoyed. Here are some of the things they had to say!

  • “Learning new skills, socialising with people within a similar field of work and with similar goals”
  • “I have really enjoyed the classes and follow up activities for homework. The resources are very good”
  • “Manageable sections. Broken down so not overloaded with information”
  • “Good tutor making a hard subject easy to understand with good examples”
Joe Kokotka“I like the way that the lecturer enthusiastically links up the theories of accounting with the practical realities / situations that are encountered in the financial working environment. The students on our course are of all ages, from late teens to late fifties, they bring with them a wide range of work and life experiences. Our lecturer is enthusiastic and the lecture room facilities and amenities are good. The lectures are backed up by a comprehensive on-line Virtual Learning Environment (VLE)”.
John Coslett
AAT Level 3 Diploma in Accounting