Bookkeeping - AAT Level 3 Certificate

The Level 3 AAT Advanced Certificate in Bookkeeping is ideal for those looking for professional development within bookkeeping as a career and is awarded by the Association of Accounting Technicians (AAT),

This course is suitable for:
Those who have previously completed the Level 2 AAT Certificate in Accountancy or Bookkeeping and wish to progress,
Those who are working in small to medium sized businesses looking to enhance their existing skillset
Those who are more experienced bookkeepers who require an advanced level of skill and knowledge on this subject.

As a level 3 qualified AAT Bookkeeper learners will also be able to apply for professional status and use the accredited letters AATQB after their name. This indicates a high standard of professional conduct and currency with bookkeeping practices.

Course Content

The advanced AAT programme covers a range of accounting practices such as double entry bookkeeping, indirect taxation, year-end adjustments and the drafting of financial statements.

All units within this qualification are mandatory. Two units are assessed individually in end of unit assessments and sat towards the end of the qualification, which draws on and assesses knowledge and understanding from across the qualification:

Financial Accounting: Preparing Financial Statements
This develops Level 2 foundation skills, incorporating advanced bookkeeping and managing records for non-current assets, in preparation for producing final
accounts for unincorporated organisations. You will prepare final accounts for sole traders and partnerships, and become aware of alternative business organisation structures.

Tax Processes for Businesses
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.

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 and passed the AAT Level 2 Certificate in Accounting (All components)
You will need to be competent at English and Maths to a level 2 standard (GCSE Maths and English at grade C/4 or above or Functional Skills Level 2) or you will be required to complete a skills test to determine your level. You must be able to use Word and Excel to a good extent. Applicants are required to complete an IT test during interview and demonstrate at least a Level 1 ability.

Please note as a fast track Level 3 course all learners are subject to a 6 week trial period which requires
100% attendance
Adherence to course documentation requirements
Completion of the registration to AAT
Participation with set class activities, tasks and external work

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.Two units are assessed individually in end of unit assessments: Financial Accounting: Preparing Financial Statements, Tax Processes for Businesses.
The Level 3 Certificate will be awarded a grade based on performance across the qualification - Pass, Merit or Distinction.

Further Study Options

This qualification provides a firm basis for progression to further learning/qualifications and to employment or self employment. Learners achieving this qualification will be able to progress to the Accounting AAT Level 3 Advanced 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
a professional bookkeeper
a senior bookkeeper
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 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

You will have to register with AAT; the registration fee will be £90 and will give you a one-year membership.
Exam fees are included in the fees- £60 for 2 units;
Exams are set to a central schedule as part of the course delivery. These dates are fixed and learners are expected to adhere to these.
If you are required to resit a paper you will be charged an additional fee of £15. Rescheduling of exams is only permitted in exceptional circumstances and within 10 working days of the exam and this also incurs a fee.
You will be required to purchase AAT textbooks and question bank from the chosen publisher BPP. Your tutor will advise you on this on the first day of class as to how to buy these books and apply a 50% discount which is given to the centre.