AAT Level 4 Diploma in Professional Accounting

DLC Training

AAT Level 4 Diploma in Professional Accounting

£340

The Level 4 Professional Diploma in Accounting is accredited by the Association of Accounting Technicians (AAT). Recognised globally, an AAT qualification is your ticket to standing out in a competitive job market.

AAT qualifications are highly respected by employers both in the UK and internationally, recognised for their ability to develop practical financial and accounting skills. Earning an AAT qualification can significantly enhance your career prospects, opening doors to new opportunities and paving the way for professional growth.

Level 4 Accounting Units

To achieve the Level 4 Professional Diploma in Accounting, you will need to successfully complete the three mandatory units and two optional units.

Mandatory Units:

Applied Management Accounting

• Implementing the organisational planning process
• Internal processes to enhance operational control
• Techniques to aid short-term and long-term decision making
• Analysing and reporting on business performance

Drafting and Interpreting Financial Statements

• The reporting frameworks that underpin financial reporting
• Drafting statutory financial statements for limited companies
• Drafting consolidated financial statements
• Interpreting financial statements using ratio analysis

Internal Accounting Systems and Controls

• The role and responsibilities of the accounting function within an organisation
• Evaluating internal control systems
• Evaluating an organisation’s accounting system and underpinning procedures
• The impact of technology on accounting systems
• Improvements to an organisation’s accounting system

Optional Units:

Business Tax

• Tax computations for sole traders and partnerships
• Tax computations for limited companies
• Tax computations for the sale of capital assets by limited companies
• Administrative requirements of the UK’s tax regime
• Tax implications of business disposals
• Tax reliefs, tax planning opportunities, and agent’s responsibilities in reporting taxation to HM Revenue & Customs

Personal Tax

• Principles and rules that underpin taxation systems
• Calculating UK taxpayers’ total income
• Calculating income tax and National Insurance contributions (NICs) payable by UK taxpayers
• Calculating capital gains tax payable by UK taxpayers
• The principles of inheritance tax

Audit and Assurance

• The audit and assurance framework
• The importance of professional ethics
• The planning process for audit and assurance
• Procedures for obtaining sufficient and appropriate evidence
• Review and report findings

Cash and Financial Management

• Preparing forecasts for cash receipts and payments
• Preparing cash budgets and monitoring cash flows
• The importance of managing finance and liquidity
• Ways of raising finance and investing funds
• Regulations and organisational policies that influence decisions

Credit and Debt Management

• Relevant legislation and contract law that impacts the credit control environment
• How information is used to assess credit risk and grant credit in compliance with organisational policies and procedures
• The organisation’s credit control processes for managing and collecting debts
• Different techniques available to collect debts

Support Duration

The average time to complete this course is 9-12 months, but you’ll have 18 months of dedicated support to ensure your success.

AAT Accounting Exams

Exams are computer-based and can be taken at any time throughout the year. You can choose whether to sit your accounting exams online using AAT remote invigilation or in person at an assessment centre. We can support you in deciding which option is best for you, and you’ll pay a fee for each exam.

The AAT Level 4 Professional Diploma in Accounting is perfect for experienced finance professionals looking to advance their accounting careers. By completing this course, you will learn more about financial statements for limited companies, financial team leader skills, complex management accounting tasks, and further management skills relating to the field.

You must have successfully completed the Level 3 Diploma in Accounting before progressing onto the Level 4 Professional Diploma in Accounting. Support and material are provided online and via eBook, therefore you must have access to the internet. You must be at least 19.

This course will prepare you for roles such as:

• Accounts Payable and Expenses Supervisor - estimated salary range of £26,000 - £42,000 per annum
• Commercial Analyst - estimated salary range of £48,000 - £54,000 per annum
• Cost Accountant - estimated salary range of £35,000 - £45,000 per annum
• Senior Finance Officer - estimated salary range of £40,000 - £50,000 per annum