AAT Level 3 is an intermediate or advanced level of AAT accounting qualification. By the end of this course, you'll be competent enough to work in a finance, accountancy, or bookkeeping role.
AAT Level 4 is the highest level of AAT accounting qualification. This course covers specialist learning areas, complex management accounting task, and general management skills.
After the completion of this course, you get eligible to work in top level roles such as 'Finance Officer'. Moreover, you also get to have an opportunity to be a professional member of AAT and use the reputed 'MAAT' designation after your name.
The Level 3 Diploma in Accounting (AQ22) covers the following areas:
1. Business Awareness
| Learning outcomes | Weighting |
| Understand business types, structures and governance, and the legal framework in which they operate | 25% |
| Understand the impact of the external and internal environment on businesses, their performance and decisions | 20% |
| Understand how businesses and accountants comply with principles of professional ethics | 20% |
| Understand the impact of new technologies in accounting and the risks associated with data security | 15% |
| Communicate information to stakeholders | 20% |
| Total | 100% |
2. Financial Accounting: Preparing Financial Statements
| Learning outcomes | Weighting |
| Understand the accounting principles underlying final accounts preparation | 5% |
| Understand the principles of advanced double-entry bookkeeping | 10% |
| Implement procedures for the acquisition and disposal of non-current assets | 10% |
| Prepare and record depreciation calculations | 10% |
| Record period end adjustments | 10% |
| Produce and extend the trial balance | 15% |
| Produce financial statements for sole traders and partnerships | 20% |
| Interpret financial statements using profitability ratios | 10% |
| Prepare accounting records from incomplete information | 10% |
| Total | 100% |
3. Management Accounting Techniques
| Learning outcomes | Weighting |
| Understand the purpose and use of management accounting within organisations | 10% |
| Use techniques required for dealing with costs | 15% |
| Attribute costs according to organisational requirements | 20% |
| Investigate deviations from budgets | 15% |
| Use spreadsheet techniques to provide management accounting information | 15% |
| Use management accounting techniques to support short-term decision making | 15% |
| Understand principles of cash management | 10% |
| Total | 100% |
4. Tax Processes for Business
| Learning outcomes | Weighting |
| Understand legislation requirements relating to VAT | 25% |
| Calculate VAT | 30% |
| Review and verify VAT returns | 20% |
| Understand principles of payroll | 15% |
| Report information within the organisation | 10% |
| Total | 100% |
Click Here to download the detailed AAT Level 3 Diploma in Accounting Qualification Specification
The Level 4 Diploma in Professional Accounting (AQ22) covers the following areas:
1. Drafting and Interpreting Financial Statements
| Learning outcomes | Weighting |
| Understand the reporting frameworks that underpin financial reporting | 7% |
| Draft statutory financial statements for limited companies | 43% |
| Draft consolidated financial statements | 25% |
| Interpret financial statements using ratio analysis | 25% |
| Total | 100% |
2. Applied Management Accounting
| Learning outcomes | Weighting |
| Understand and implement the organisational planning process | 25% |
| Use internal processes to enhance operational control | 27% |
| Use techniques to aid short-term and long-term decision making | 25% |
| Analyse and report on business performance | 23% |
| Total | 100% |
3. Internal Accounting Systems and Controls
| Learning outcomes | Weighting |
| Understand the role and responsibilities of the accounting function within an organisation | 10% |
| Evaluate internal control systems | 25% |
| Evaluate an organisation’s accounting system and underpinning procedures | 25% |
| Understand the impact of technology on accounting systems | 15% |
| Recommend improvements to an organisation’s accounting system | 25% |
| Total | 100% |
4. Personal Tax
| Learning outcomes | Weighting |
| Understand principles and rules that underpin taxation systems | 10% |
| Calculate UK taxpayers’ total income | 24% |
Calculate income tax and National Insurance contributions payable by
UK taxpayers | 28% |
| Calculate capital gains tax payable by UK taxpayers | 28% |
| Understand the principles of inheritance tax | 10% |
| Total | 100% |
5. Business Tax
| Learning outcomes | Weighting |
| Prepare tax computations for sole traders and partnerships | 19% |
| Prepare tax computations for limited companies | 19% |
| Prepare tax computations for the sale of capital assets by limited companies | 17% |
| Understand administrative requirements of the UK’s tax regime | 15% |
| Understand the tax implications of business disposals | 10% |
| Understand tax reliefs, tax planning opportunities and agent’s responsibilities in reporting taxation to HM Revenue & Customs | 20% |
| Total | 100% |
* Please note, we do not offer or recommend other optional units for Classroom Based or Online Live course.
We offer other optional units for AAT Level 4 Accounting Qualification only under Distance Learning Package (i.e. Audit and Assurance, Cash and Financial Management & Credit and Debt Management), let us know if you have a preference before enrolment. You can also choose your preference when enrolling online.
Click Here to download the detailed AAT Level 4 Diploma in Professional Accounting Qualification Specification.
AAT Registration Fees and Assessment fees are not included in the Course Fee.
Click here to find out the latest AAT Registration fees and Assessment fees.
Payment Options
You may choose any of the following options to pay for your course
By Debit/Credit Card: You can pay in full on our website using the Enrol Online option. You may be eligible to claim a free Tablet PC (Eligibility Criteria Applies, Find More Here)
Flexible Payment Option: You may consider paying your fees over 6/12 equal monthly instalments/payment plan by paying an initial payment of 30% of Course Fees. The second payment will start from the 1st of the following month from the initial/first payment. The Total Amount payable under the payment plan(s) will be shown during the checkout.
Employer Funded: If your current employer is likely to fund the Course, please send us your employer details (Name, Address, email address, Telephone, and Contact Person) and we will send a Customised Course proposal to ensure a smooth enrolment experience. An invoice for the Employer can also be raised if required. (Find More Here)
Booking with Deposit
Fees are discounted for a Limited period, therefore early booking is always advisable, you can book your course by paying as little as £100 Deposit* especially if you are not ready to start your course now. Therefore, even when the course fee increases it does not affect you. When you book with a deposit, we can book your place for 6 months from the payment date. If you start the course within 6 months of the booking the deposit amount will be deducted from the total Course fees.
Click Here to book with a deposit.
*Please note, all deposit payments are non-refundable.
If you have further questions about the course please complete the “Get Course Information Kit” form to get the updated fee information.
On completion, you should receive an email with the updated course fee information & available Course start dates. One of our course advisors will also be in touch to check whether you require any further support.
Additional Fees:
AAT Registration Fees – Payable to AAT within 4 weeks of enrolment:
• Level 3 Diploma in Accounting - One-off registration fee - £235
• Level 4 Diploma in Professional Accounting - One-off registration fee - £251
AAT Fees are subject to change, please check on the AAT website for current fees, all fees are correct at the time of publication.
Exam Fees are not included in the course fee, please Click Here to find the current exam fees.
Additional 10% Discount Available for Individuals who are working or worked within the last two years, as a key worker in the following sector:
- NHS
- Health and Care
- Supermarkets
- Transport
- Education
- Security
Terms:
- Evidence of employment is required
- Course funding must be by the individual
- Discount is not available with any other offer
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