Want to get accountancy qualified, without a classroom? Do it online…
If you’re looking to get ahead in the field of accountancy, but need a course that works around your other commitments, an online qualification could be for you. Not only can you study from wherever you are, you can also do it flexibly, at a cost and timeframe that suits you best.
If you’re interested in pursuing a career in accountancy, or you want to progress in your current role, here’s how to become accountancy qualified online:
What accountancy qualifications can I study online?
There are a number of different certifications out there that will help you become an Accountant. Two of the most popular ones are AAT and ACCA.
They’re world renowned, and valued by employers in the field – making them the perfect choice for anyone looking to start or progress a career in accountancy.
They can both be studied entirely online, with AAT designed for beginners who are just starting out in accountancy, and ACCA suited to more experienced Accountants looking to develop their skills.
AAT (Association of Accounting Technicians) Qualification
Overview: Provides a good grounding in the main principles of accountancy, including the double entry system, trial balances, the formal preparation of accounts, the monitoring of financial performance, and more. AAT is made up of four main levels. However, most learners will begin studying at Level 2 (as Level 1 is not compulsory), carrying on through to Level 3 and the final and most advanced stage (Level 4.)
Perfect for: People who are new to the field of accountancy.
Entry requirements: None. Just enthusiasm and a willingness to learn.
Average salary once completed: £25,000.
ACCA (Association of Chartered Certified Accountants) Qualification
Overview: Provides a more in depth look into accountancy, allowing you to gain chartered accountancy status. It enables you to apply your theoretical knowledge in practical situations, using real life documents and invoices. Core topics include setting up customers’ accounts, allocating payments, generating reports, dealing with VAT issues, and much more.
Perfect for: People looking to progress their career in business, finance, or accountancy.
Entry requirements: Anyone can start the Diploma in Accounting and Business (foundations level) course, without prior experience or qualifications. However, you must have completed this before you can begin the Strategic Professional level.
Average salary once completed: £40,000.
How long will it take to get accountancy qualified?
This will depend on the course you take, and whether you study full-time or part-time.
Although you’ll usually be allowed to study at your own pace, it takes an average of 3 years to complete AAT, and an average of 5 years to complete ACCA.
How much will it cost to study accountancy?
The cost of learning will depend on the course you take and the provider you study with. Some will require you to pay a one-off cost, whilst others will provide payment plans. Here’s a rough guideline of the costs you can expect when studying AAT or ACCA:
AAT
The AAT is an entry-level qualification for those looking to start a career in accountancy. It is broken down into three levels: Foundation, Advanced, and Professional. The total cost can vary depending on the provider and how you choose to study (online or in-person). Here’s a breakdown of typical costs:
- Foundation Level (Level 2): £600 – £1,500
- Advanced Level (Level 3): £800 – £2,000
- Professional Level (Level 4): £1,200 – £3,000
This cost includes study materials, tuition, and exam fees. Some providers offer payment plans that allow you to pay in installments.
ACCA
The ACCA is a more advanced qualification aimed at those who wish to become chartered accountants. ACCA has 13 exams spread across three levels (Applied Knowledge, Applied Skills, and Strategic Professional). The overall cost includes tuition fees, exam fees, and other associated costs.
- Initial Registration Fee: £89 (one-time)
- Annual Subscription Fee: £122 (each year)
- Exam Fees (Per Exam):
- Applied Knowledge exams: £100 – £120
- Applied Skills exams: £120 – £160
- Strategic Professional exams: £180 – £260
The total cost for the ACCA qualification ranges from £2,000 to £5,000 depending on the study method (self-study, online courses, or in-person tuition) and additional costs like textbooks and study materials. Payment plans are available through some providers to spread out the cost.
Five tips for studying accountancy online
- Create a study schedule: Set a consistent study routine, breaking down the material into manageable sections, and plan ahead for exam preparation.
- Practice with real-world scenarios: Apply your learning to real-life situations and familiarise yourself with accounting software to build practical skills.
- Stay organised: Use digital tools to manage your time, assignments, and study materials efficiently, keeping everything easily accessible.
- Take advantage of online resources: Leverage online study groups, free tutorials, and practice quizzes to reinforce your learning and track your progress.
- Ask for help when needed: Don’t hesitate to reach out to tutors or fellow students when you’re stuck, ensuring you stay on top of challenging topics.
Ready to get accountancy qualified online? View all online accountancy courses now.
