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Accounting AAT Level 3 Advanced Diploma
B00239

The AAT Level 3 Advanced Diploma for Accounting is a course that develops the knowledge and skills acquired on the AAT Level 2 Certificate for Accounting.

Course Content

All units within this qualification are mandatory. Four units are assessed individually in end of unit assessments, but this qualification also includes a synoptic assessment, sat towards the end of the qualification, which draws on and assesses knowledge and understanding from across the qualification:

Advanced Bookkeeping
This unit is the first of two Level 3 financial accounting units. It develops Level 2 foundation skills, incorporating advanced bookkeeping and managing records for non-current assets, in preparation for producing final accounts for unincorporated organisations.

Final Accounts Preparation
This Level 3 unit is about being able to prepare final accounts for sole traders and partnerships, and becoming aware of alternative business organisation structures.

Management Accounting: Costing
Management Accounting: Costing provides you with the knowledge and skills needed to understand the role of cost and management accounting in an organisation, and how organisations use such information to aid management decision making.

Indirect Tax
This unit is about indirect tax, specifically the sales tax that is referred to in the UK and throughout this unit as value added tax, or VAT.

Ethics for accountants
This unit is about professional ethics in an accounting environment. It seeks to ensure that you will have an excellent understanding of why accountants need to act ethically, of the principles of ethical working, of what is meant by ethical behaviour at work, and of when and how to take action in relation to unethical behaviour and illegal acts.

Spreadsheets for Accounting
This unit is about using spreadsheets to accurately enter, analyse and present information so that informed accountancy judgements can be made. The skills and knowledge from this unit integrates spreadsheet use within the other Level 3 accountancy subjects

Entry Requirements

To be eligible for this course you must be 19 or over on 31st August prior to the course start date.

You must have completed the AAT Level 2 Certificate in Accounting
You can be considered for this course if you have achieved bookkeeping level 1 and 2 (first class pass) with sage level 1.
You will also need to show competency in English and Maths, if you have not achieved GCSE mathematics and English at grade C or equivalent.
You must be able to use Word and Excel

First Class Requirements

Paper, pen and calculator

Assessment Methods

All assessments in this qualification:
are set and marked by AAT
are computer based
are time limited

All units within this qualification are mandatory. Four units are assessed individually in end of unit assessments; Advanced Bookkeeping, Final Accounts Preparation, Management Accounting: Costing and Indirect Tax , but this qualification also includes a synoptic assessment, sat towards the end of the qualification, which draws on and assesses knowledge and understanding from across the qualification. This includes Ethics and Spreadsheets.

The AAT Advanced Diploma in Accounting will be awarded a grade based on performance across the qualification. Unit assessments and synoptic assessments are not individually graded. These assessments are given a mark that is used in calculating the overall grade.

Further Study Options

This qualification provides a firm basis for progression to further learning/qualifications and to employment. Learners achieving this qualification will be able to progress to the Accounting AAT Level 4 Professional Diploma. This qualification is valued by employers and thus its achievement allows progression into employment in accounting roles.

Skills developed and honed through this qualification can lead to employment as:
an accounts assistant
an accounts payable and expenses supervisor
an accounts payable clerk
an assistant accountant
an audit trainee
a corporate recovery analyst
a credit controller
a finance assistant
a finance officer
an indirect tax manager
an insolvency executive
a payroll supervisor
a professional bookkeeper
a senior bookkeeper
a tax assistant.

The typical responsibilities of the accounts assistant include:
balancing accounts
processing receipts, sales invoices and payments
maintaining financial records that accurately record incoming and outgoing finances
completing VAT return forms
working with spreadsheets, sales and purchase ledgers and journals
ensuring that accounts are accurately monitored and recorded
dealing with a companys payroll by processing wages and employee expense claims
preparing profit and loss accounts sheets
preparing balance sheets
client engagement, sending out starter packs to clients and/or answering enquiries
processing company's own accounts (in an accountancy firm)
other administrative duties, which include general office administration such as processing office post, answering the phone, minuting meetings, photocopying and filing.

Additional Information

As a result of the government’s closure of schools and colleges, some of our courses will be delivered through remote learning including video conferencing, (using Skype, Zoom, Microsoft Teams) and email contact with your tutor.

If your course is indicated as an ONLINE COURSE, you will need either a PC (with a camera and microphone), laptop, tablet, smartphone and access to the internet to be able to join the lessons. Lessons will run at the published time – so be ready and set up to join in.

We hope you will enjoy this new approach to learning – many of our learners have commented on how they are enjoying the classes and have improved their IT and digital skills in the process.

Please don't worry if some of this is new to you - you are not alone! See here for guidance on how to use our simple software. If you are experiencing any problems with connection or installing software for your online class please contact our learning resource team on lrc@rhacc.ac.uk. We are here to help you.

You will have to register with AAT. The fee will be approximately £120. Exam fees are included in the fees.
However if you are required to resit a paper you will be charged a fee.
You will be required to purchase AAT texts. Your tutor will advise you on this on the first day of class