AAT Accounting Diploma – Level 3 (Daytime Class)

Required qualifications

Applications are equally welcomed from people of all ages who have already gained Level 2 in Accounting. Exemption is granted from Level 2 Accounting by either completion of certain qualifications, or in certain circumstances e.g. employment experience. (Please contact the accounts team if you think you may qualify for exemption).

What skills will I develop?

Level 3 is a qualification in its own right. The level 3 units will cover a variety of different areas that are associated with accounting, enabling students to widen their knowledge and skills in these areas.

Included is the basics of creating a set of final accounts for sole traders and partnerships, relevant knowledge of accounting standards and ethics, indirect tax, business awareness and management accounts.

You will sit four mandatory exams in:

• Financial Accounting: Preparing Financial Statements
• Management Accounting Techniques
• Tax Processes for Business
• Business Awareness

The exams are spread throughout the year and are all computer based and set by the AAT. All must be passed to gain the full certificate.

Teaching is carried out both in the classroom and electronically via the college’s learning platform. In addition, the AAT provide an online support platform once you join as a member.

Careers

On successful completion students may progress onto Level 4 AAT Professional Diploma in Accountancy. Learners may also consider an apprenticeship or seek employment in the industry.

The AAT is an excellent foundation to a career in an accounting practice or management accountant industry related role. It is also possible to undertake further study and gain chartered accountancy status through ACCA, CIMA or ICAEW following level 3 or 4 AAT.

If you successfully complete the AAT qualification and meet work experience requirements you can apply for AAT full membership (MAAT status).

The AAT qualification is recognised by employers and the Advance Diploma in Accounting can lead to the following types of employment:

• Assistant Financial Accountant
• Assistant Cost Accountant
• Finance Officer
• Tax Assistant
• Credit Controller

The current job environment is very positive for accountants, who can show a diverse range of talents (particularly in technology) to add value across a company. The AAT syllabus is designed to showcase this range of talents.

English and maths

English and Maths are integral to gaining employment and are included on every study programme to support your development and progression in these important skills. Although you may assume you need good maths skills to be an accountant, it is also important that your English is of a good standard. Communication whether verbal or written is essential in today’s accountancy roles, so this is assessed in your exams as well as your Maths skills.

The levels required of English and Mathematics is what you would expect from someone working in the profession at this level.

Other important information

Course fees: In addition to the college fees you will need to join the AAT and pay their membership fees (currently £225 for the time required to pass the course). You will also be required to purchase textbooks. This will be explained to you at interview.

Expectations: It is essential that a minimum of  95% attendance is achieved for this course and that regular home study is completed, in order to achieve exam success.

What you need to bring to college: You will be expected to provide your own stationery and always attend college fully equipped for lessons with a textbook, course notes, note paper and writing implements.

IT: It is essential that you have access to a computer or laptop at home in order to complete homework, practice and revision activities. You will also require access to Microsoft Excel at home during the course.

NB: There may be financial assistance available to you depending on your personal circumstances, please ask the Student Services team for guidance.