Course overview

Quick Facts

  • 18 -24 months
  • Attend college one morning a week during term times (Thursdays; 9.15am-1pm)
  • Start date: 14 September 2017
  • Monthly payment options
  • Non-apprenticeship option available

Become an AAT qualified accounting technician!

This apprenticeship is ideal for those who have already completed the Advanced Apprenticeship in Accounting / AAT Level 3 Advanced Diploma in Accounting qualification. It is the advanced and final level of the internationally recognised AAT Accounting Technician qualification. You will learn a range of higher level accounting tasks including drafting financial statements, managing budgets, evaluating financial performance and preparing personal and business tax returns.

The AAT qualification is respected by employers around the world, providing you with excellent career prospects. Once you complete this qualification you will be a fully qualified accounting technician and enjoy elevated professional status, increasing your career and salary prospects.

As an accounting apprentice, you will be employed in a finance role gaining vital practical skills and experience, and earning a wage alongside studying your formal apprenticeship qualification.

You will attend college for one morning a week during term time. Outside of the classroom you will be learning on-the-job gaining valuable accounting and employment skills in a real life setting.

Benefits to employers

  • Grow your business: Affordable way to expand and develop your business
  • Cost effective: Provide valuable opportunities whilst minimising recruitment and training costs
  • Enhanced reputation: Provide customer reassurance by investing in trained staff
  • Increased productivity: Maximise staff efficiency though the development of knowledge and skills

CAW Business School has a well-earned reputation for excellence; delivering quality training and education and employer support. Your apprentice will benefit from:

  • Tuition, support and assessment provided in college, online and via email and telephone contact
  • Access to our unique Virtual Learning Environment (VLE) and extensive eLibrary resources

* Any employer taking on an apprentice under 19 years of age, will receive an incentive of £1,000. £500 will be paid to you after the first three months of the apprenticeship and the remaining £500 after the first year on programme.*

Employers with less than 50 employees
If you take on an apprentice under 19 years of age (or 19-24 years who has an EHC plan or who has been in the care of their local authority), the apprentices training will be fully funded.

Course content

This apprenticeship consists of:

  • AAT Level 4 Professional Diploma in Accounting
  • AAT Level 4 Diploma in Business Skills
  • Personal Learning and Thinking Skills
  • CFA Employment Rights and Responsibilities Workbook

AAT Level 4 Professional Diploma in Accounting

This course offers a combination of classroom lessons, regular tutorial support and online study. You will undertake six units; five mandatory and one optional.

Mandatory units:

Financial Statements of Limited Companies

  • The external reporting environment for limited companies and groups which need to publish accounts.
  • Principles of consolidated accounts, and analysis and interpretation of financial statements.
  • Preparing a range of financial statements and identifying an organisation’s financial position.

Management Accounting: Budgeting

  • How and why budgets are prepared, helping you prepare revenue forecasts and a range of budgets for different circumstances.
  • Understanding budgetary procedure to aid organisational planning and control.
  • Preparing budgets, analysing variances and making recommendations for improving organisational performance.

Management Accounting: Decision and Control

  • Managing and measuring financial performance; the range of techniques for analysing information on expenditure and making judgements to support decision making, planning and control by managers.
  • Collecting and analysing information, monitoring performance and presenting reports to management.

Accounting Systems and Controls

  • Identifying the role of internal control within an organisation and recognising different approaches to making informed recommendations on how to implement or improve systems.
  • Communicating this to management and identifying the impact that changes would have on the system and its users.

Personal Tax

  • How Income Tax and Capital Gains Tax is applied to income.
  • Calculating Income Tax liabilities and income from all sources.
  • Applying relevant allowances, deductions and reliefs to prepare accurate Income Tax computations.

You will then choose to undertake one of the following optional units:

Business Tax

  • Preparing tax returns for sole traders, partnerships and incorporated businesses.
  • Recognise trading profits, make adjustments and apply current relevant legislation.

Credit Management

  • Managing the granting of credit and collection of monies owed in compliance with relevant legislation, good practice and organisational policy
  • Understanding the implication of insolvency
  • Calculating and interpreting key ratios to assess credit worthiness

AAT Level 4 Diploma in Business Skills

You will develop essential business skills including commercial awareness, performance in a business environment, communication skills and managing project finances; looking at the following units:

  • Working in teams
  • Planning and delivering business communication activities
  • Evaluate and improve own performance in a business environment
  • Spreadsheet software
  • Presentation software
  • Deliver a presentation
  • Organising and facilitating meetings and workshops
  • Developing commercial awareness
  • Managing project finances

Throughout your apprenticeship you will be assessed via 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.

Entry requirements

You should be competent in manual double-entry bookkeeping and have completed the Advanced Apprenticeship in Accounting / AAT Level 3 Advanced Diploma in Accounting qualification. You will need to be living and working in England in a suitable finance role, earning at least the National Minimum Wage for Apprentices. To complete this apprenticeship within 18 months you will need to be working for a minimum of 30 hours per week, if you are working less than 30 hours a week the length of your apprenticeship will be extended depending on your working hours.

If you have a level 4 (or above) qualification, from May 2017 you are now still able to undertake this apprenticeship if your current qualification is in an unrelated subject. If your existing qualification is in a similar subject you will not be able to undertake this apprenticeship, in which case you may wish to undertake the AAT Level 4 Professional Diploma in Accounting as a standalone qualification.

Course fees

Apprenticeship fees are payable by the employer. We offer two different payment options; our ‘Annual Fee Scheme’ or our ‘Pay as You Learn’ monthly payment scheme. Details on both of these payment options can be found here.

Sources of financial help if you require support during your studies can be found on our student finance page. Before making any financial decision it is recommended that you seek advice from an independent source, for example the Money Advice Service.

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.

Age at start of course Annual Fee Scheme (?) Pay as You Learn Scheme (?)
16-18 No fees payable No fees payable
19+ £2,650 payable by employer £149 per month payable by employer

In addition to course fees you will be required to pay for AAT membership, exam fees (approximately £266)*. If you are fully funded, your exam fees will be refunded upon successful completion of term 1.

Fees listed are current figures and may be subject to change. 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.

* Awarding Body Fees are recharged at cost and may be subject to change; these are payable in full prior to the commencement of the course and are non-refundable.

What next?

After completing this qualification, you will be able to apply to become an AAT full member and use the letters MAAT after your name. You’ll enjoy elevated professional credibility and status, increasing your opportunities for career progression and fulfilling your salary expectations.

The Level 4 AAT qualification will allow you to work in a variety of roles, such as:

  • Senior Finance Officer
  • Assistant Financial Accountant
  • Payroll Manager

Become self-employed

You may choose to start up your own business. As an AAT member in practice (MIP) you can offer accountancy, taxation or related consultancy services to the public in the UK or Channel Islands. More information on this can be found on the AAT website.

Become a chartered accountant

You may decide to continue your studies by becoming a chartered accountant. All the UK chartered and certified accountancy bodies recognise the AAT Accounting qualification and will give you exemptions from certain modules. Read more.


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”