Accounting and Business

Accounting - AAT - Level 3 - Full Time
Course Title
Accounting - AAT - Level 3 - Full Time
Course Code
Mode of Study
Full Time
AAT - Advanced Diploma in Accounting
Number of Weeks
Entry Requirements
Successful completion of Level 2 or an equivalent accounting qualification or a full A Level in Accounting. If Level 2 was completed at Barnfield College, a tutor reference is required; if completed at another college, an interview is required. Additionally, grade 4 in English and maths or above.
Leads on to
You may choose to progress on to a relevant Level 4 qualification such as an HNC or Foundation degree. You may choose university, or seek an apprenticeship or employment.
Additional Information
To undertake this course you will need to pay the annual AAT membership fee (£88) and possibly a joining fee (£41). Also books are required from our recommended publisher, costing approximately £115. Exam resits will cost £53 per exam. Prices to be confirmed at the start of the course
Units to be studied on the AAT Level 3 qualification: - Advanced Bookkeeping: This unit develops Level 2 foundation skills in bookkeeping. Account for fixed assets (additions, disposals, depreciation and records); Prepare adjustments to be entered on to an extended trial balance; Understand accounting principles and concepts. - Final Accounts Preparation: Prepare final accounts for sole traders and partnerships in becoming aware of alternative business organisation structures; Understand legislation relating to Partnerships; Prepare an Income Statement and a Statement of Financial Position for Sole Traders and a Partnership. - Management Accounting: Costing; stock valuation and control; apportionment and absorption of indirect costs, fixed and variable cost analysis, breakeven, margin of safety and target profit; Long term investment decisions using payback and net present value. - Indirect Tax: Understand VAT regulations; Complete a VAT return. - Ethics for Accountants: Understand the principles of ethical working, relevant legislation and the role of professional bodies, Understand how to take appropriate action following a suspected breach of ethical codes. - Spreadsheets for Accounting: Use a spreadsheet to enter, edit and organise data, Select and use formulas and data analysis tools, Present, format and publish spreadsheet information.