AAT Level 3 Diploma in Accounting

The aim of this qualification is to enhance the skills developed in the introductory level. You’ll master more complex financial processes, including final accounts for sole traders and partnerships, reports and returns and professional ethics. As a standalone qualification, or as a first step towards the intermediate and advanced levels, it will allow you to move up to further study in accountancy and finance.

Once you’ve completed the intermediate level, you’ll be awarded the AAT Level 3 Diploma in Accounting (Level 6 in Scotland).

Ideal Schools will provide:

All Study Materials via textbook or presentation folder (online access also provided)

• • Supplementary VIDEO tutorials
  • 2 years tutorial support via phone & email
  • Continuous Self Progress tests & Answers
  • 20+ tutor marked assignments
  • Unlimited access to online practice questions
  • FREE Postage & Packing

There are 4 mandatory units at the introductory level:

Financial Accounting: Preparing Financial Statements
Understand the accounting principles underlying final accounts preparation
Understand the principles of advanced double-entry bookkeeping
Implement procedures for the acquisition and disposal of non-current assets
Prepare and record depreciation calculations
Record period end adjustments
Produce and extend the trial balance
Produce financial statements for sole traders and partnerships
Interpret financial statements using profitability ratios
Prepare accounting records from incomplete information

Tax Processes For Business
Understand legislation requirements relating to VAT
Calculate VAT
Review and verify VAT returns
Understand principles of payroll
Report information within the organisation

Management Accounting Techniques
Understand the purpose and use of management accounting within organisations
Use techniques required for dealing with costs
Attribute costs according to organisational requirements
Investigate deviations from budgets
Use spreadsheet techniques to provide management accounting information
Use management accounting techniques to support short-term decision making
Understand principles of cash management

Business Awareness
Understand business types, structures and governance, and the legal framework in which they operate
Understand the impact of the external and internal environment on businesses, their performance and decisions
Understand how businesses and accountants comply with principles of professional ethics
Understand the impact of new technologies in accounting and the risks associated with data security
Communicate information to stakeholders

You should consider this level of study if:

• You’ve completed the introductory accounting level and would like to build your skills
• You’re already working in finance and you’d like a formal recognition of your skills
• You would like to go onto be an AAT full member or study for chartered status

Here are just a few positions that you could consider upon completion of this study.
Accounts Assistant
Accounts Payable and Expenses Supervisor
Accounts Payable Clerk
Assistant Accountant
Audit Trainee
Bookkeeper
Credit Controller
Finance Assistant
Practice Bookkeeper and Payroll
Tax Accountant
Tax Assistant