AAT Level 3 Advanced 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 step towards the advanced levels, it will allow you to move up to further study in accountancy and finance.

AAT Advanced Diploma in Account is an Advanced level of AAT qualification in accounting. This course gives successful students the skills and knowledge to work competently in finance, accountancy, or bookkeeping role. Moreover, the students also can progress their studies with AAT Professional Diploma in Accounting and acquire full membership of the AAT.

Course Structure

The AAT Advanced Diploma consists of six separate units. They're listed below.

• Advanced Bookkeeping
• Final Accounts Preparation
• Management Accounting: Costing
• Indirect Tax
• Ethics for Accountants
• Spreadsheets for Accounting

Exams are as follows:

1. Advanced Bookkeeping
2. Final Accounts Preparation
3. Management Accounting : Costing
4. Synoptic (covers all of the above plus Ethics and Spreadsheets)
5. Indirect Tax

Exam Structure: 5 x AAT centre based assessments.
Synoptic Exam: The 5th and final exam will cover all elements of Level 3. Although the subjects of Ethics and Spreadsheets are not tested on an individual basis, they will be covered within this final exam.

Structure
To pass this level you’ll need to study five separate units, which are all mandatory. Four of the units are examined individually and there is also a synoptic assessment that you’ll take towards the end of the level, which incorporates the final two units as well as drawing on all of the other units you’ve studied at this level.

Unit 1: Advanced Bookkeeping
This unit will allow you to apply 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 and produce and extend the trial balance.

Unit 2: Final Accounts Preparation
This unit will allow you to distinguish between the financial recording and reporting requirements of different types of organisation, the need for final accounts and the accounting and ethical principles underlying their preparation.

Unit 3: Management Accounting: Costing
This unit will provide you with an understanding of the purpose and use of management accounting within an organisation. You will also learn how to apply techniques required for dealing with costs, how to analyse and review deviations from budget and how to apply management accounting techniques to support decision making.

Unit 4: Indirect Taxation
This unit will provide you with an understanding of applying VAT legislation requirements, accurately completing VAT returns and submitting them in a timely manner, and the implications for the business of errors, omissions, late filing and payment.

Unit 5: Ethics for Accountants
This unit will provide you with an understanding of the need to act ethically, the relevance to the accountant's work of the ethical code for professional accountants, how to act ethically in an accounting role and how to identify actions to take in relation to unethical behaviour or illegal acts.

Unit 6: Spreadsheets for Accounting
This unit will allow you to design and structure appropriate spreadsheets to meet customer needs, use spreadsheet software to record, format and organise data, use relevant tools to manipulate and analyse data, and use tools and techniques to prepare and report accounting information.

Additional synoptic assessment preparation
You will also be given an additional bonus revision unit to prepare you for the synoptic assessment. This additional course includes revision sections for the key topics presented throughout all six courses.

Additional fees
AAT Registration & Annual Student Membership, AAT Exams and exam centre administration.

By the end of this AAT Level 3 distance learning course in accounting you will be able to:

• Apply accounting principles, concepts and rules to complete advanced bookkeeping tasks, including the preparation of value added tax returns and final accounts for sole traders and partnerships
• Apply management cost accounting techniques to manage costs and revenues, maximise profits and help with decision making
• Use spreadsheets at an advanced level and understand ethical practices for accountants

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

Paragon Training will provide:

• All Study Materials via textbook.
• Online access to all textbook training
• 15 Months tutorial support.
• Continuous Self Progress tests & Answers
• Unlimited access to online practice questions

Additional Fees

Before sitting exams, the following fees must be paid:

• AAT Registration Fees
• AAT Annual Student Membership Fees (can be included in payment plans)
• AAT Exam Fees
• Exam Centre Administration Fees

Our course advisors can supply the latest AAT fee information, and advise on how to pay them. Exam centre fees will vary depending on the centre chosen.

Employer-funded courses can be enrolled as an all-inclusive package including course, exam centre fees, and AAT Membership fees.

The AAT Advanced Diploma in Accounting is ideal following the completion of a Foundation Certificate in Accounting qualification (or Level 2 Certificate, as it was previously known), or with accounting experience.

Students should also have good numeracy skills and attention to detail.

Students wishing to enrol on this course must be 19 years or older with proficiency in the English language.

The Advanced Diploma in Accounting can lead to employment as:

• Accounts Assistant
• Accounts Payable and Expenses Supervisor
• Accounts Payable Clerk
• Assistant Accountant
• Audit Trainee
• Bookkeeper
• Credit Controller
• Finance Assistant
• Payroll Administrator
• Payroll Supervisor
• Practice Bookkeeper
• Tax Assistant