The Association of Accounting Technicians (AAT) is well recognised and respected as a professional membership body throughout a wide range of businesses and requires its members to have a professional and ethical approach throughout their accountancy and finance careers.The Level 3 Diploma in Accounting offers technical training in accounting and is ideal if you are wishing to pursue a career in accountancy and finance. It is a progression route for students who have achieved an accountancy or bookkeeping qualification at Level 2 and may also be suitable for you if you have experience of working in finance and wish to gain formal recognition of your skills.
What will I learn?
The Advanced Diploma in Accounting comprises four mandatory units. Financial Accounting: Preparing Financial Statements builds on the two Bookkeeping units studied at Level 2. Management Accounting Techniques builds on the knowledge studied at Level 2 as well as allowing you to develop your skills in the use of Excel. The remaining two units are Tax Processes for Business and Business Awareness. Professional Ethics for accountants will also be studied throughout the units.
Study, Assessment and Qualifications
During weekly classes your tutor will introduce you to the skills and knowledge needed for each unit, using a variety of resources including lectures, handouts and e-learning via the college virtual learning environment.
Time in class will always include the completion of practice questions to consolidate knowledge, and this will be reinforced by home study.
Homework will be set most weeks, and you will also need to allow time for reading and working through questions in your textbooks. Regular attendance in class is essential to maximise your chance of success.
The Level 3 Diploma in Accounting is assessed by online examinations which will be taken at stages through the course. All units are assessed individually in end-of-unit assessments.
Individual unit assessments will be given a percentage and you will receive an overall grade for the qualification of Pass, Merit or Distinction.
For entry to the Level 3 Diploma in Accounting you will need to demonstrate your competence in basic bookkeeping, either through prior completion of a bookkeeping or accounting qualification at Level 2, or through experience of working in finance.
Written communication forms an increasingly important part of the AAT qualifications. For the best chance of success, it is recommended that you should have a good standard of both English and Maths before starting the course. GCSE at grade C in both subjects, or equivalent, is recommended. If you do not have formal qualifications in English and Maths, please discuss your situation with the course tutor before enrolment.
Additional Costs and Information
The course fee includes all tuition and the cost of your first attempt at each assessment.
You will need to buy textbooks costing approximately £100 and your tutor will tell you what textbooks to buy at the start of the course.
You will need to be registered with AAT before you can sit any assessments. For students who have previously been registered the cost for annual student membership will be approximately £100. For students who are joining AAT for the first time for the Diploma, the cost will be approximately £160.
Should you need to re-sit any assessments, you will need to pay a re-sit fee of approximately £55 per assessment.
You will need to bring paper, pens and pencils and a calculator to each class. You will also need a large folder, such as a lever-arch file, to keep your handouts and notes in good order.
What Could I Do Next?
Successful completion of the Level 3 Diploma in Accounting will enable a student to progress to the next level of learning, the AAT Level 4 Diploma in Professional Accounting.