AAT Levels 3 & 4 in Accounting
AAT Levels 3 & 4 In Accounting
Course Fee Details
Course Code:
AAT-L34/22
Course Fee:
£1385.00
Sale Price:
£1110.00
You can pay the full price or pay a deposit of £110.00 (0% APR), followed by 20 monthly payments of £51.50
Advantages of studying with IDEAL:
- Interest Free Monthly Payments
- Exam pass guarantee
- Hard copy training provided
- Personalised assignment and mock exam feedback
20% package saving now available
If you have ‘dipped your toe’ and completed the AAT level 2 Certificate in Accounting and now wish to commit to complete the full professional qualification, this is the option for you. Covering all required elements of the Level 3 & 4 accounting qualifications, you’ll be guided through your study by our tutor team, who will provide you with personalised guidance as you progress, and be available to you whenever you need some tutor support.
We understand the commitment you are making in undertaking this course of study. We promise to match that commitment, by promising to support you every step of the way, with the help of our highly experience and helpful tutors. below we have highlighted what we include in our training package and detailed the subjects that are covered. If you’d like to discuss any aspect of our courses and services, please call us and we’ll help as best we can.
Ideal Schools will provide:
- All Study Materials via textbook or presentation folder (online access also provided)
- 3 years tutorial support via phone & email
- Continuous Self Progress tests & Answers
- Continuous tutor marked assignments
- Unlimited access to online practice questions
- FREE Postage & Packing
Exam Structure:
9 x centre based examinations
Study Time:
Approx 640 hours
Additional Costs:
2 x AAT Registration fees £225 & £240) payable as you commence each level of study
9 x Centre-Based exams: 4 exams are £60 per exam, 5 are priced at £63 per exam. Exam centres charge an admin fee and this varies greatly. Together, these could range from £80 to £120+ per exam. When registered, via your AAT account you can locate your nearest centres and compare for the best value.
Monthly Payment Notice
We do not charge interest for monthly payments. To cover costs of additional security measures recently implemented in the banking system, there is a £1.50 charge added to each monthly payments to cover the cost of applying these measures in our systems.
The coverage of this course package is as follows:
LEVEL 3:
Financial Accounting: Preparing Financial Statements
- Understand the accounting principles underlying final accounts preparation
- Understand 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
- Produce and extend the trial balance
- Produce financial statements for sole traders and partnerships
- Interpret financial statements using profitability ratios
- Prepare accounting records from incomplete information
Tax Processes For Business
- Understand legislation requirements relating to VAT
- Calculate VAT
- Review and verify VAT returns
- Understand principles of payroll
- Report information within the organisation
Management Accounting Techniques
- Understand the purpose and use of management accounting within organisations
- Use techniques required for dealing with costs
- Attribute costs according to organisational requirements
- Investigate deviations from budgets
- Use spreadsheet techniques to provide management accounting information
- Use management accounting techniques to support short-term decision making
- Understand principles of cash management
Business Awareness
- Understand business types, structures and governance, and the legal framework in which they operate
- Understand the impact of the external and internal environment on businesses, their performance and decisions
- Understand how businesses and accountants comply with principles of professional ethics
- Understand the impact of new technologies in accounting and the risks associated with data security
- Communicate information to stakeholders
LEVEL 4: Mandatory Subjects
Applied Management Accounting
- Understand and implement the organisational planning process
- Use internal processes to enhance operational control
- Use techniques to aid short-term and long-term decision making
- Analyse and report business Performance
Drafting and Interpreting Financial Statements
- Understand the reporting frameworks that underpin financial reporting
- Draft statutory financial statements for limited companies
- Draft consolidated financial statements
- Interpret financial statements using ratio analysis
Internal Accounting Systems and Controls
- Understand the role and responsibilities of the accounting function within an organisation
- Evaluate internal control systems
- Evaluate an organisation’s accounting system and underpinning procedures
- Understand the impact of technology on accounting systems
- Recommend improvements to an organisations accounting systems
LEVEL 4: Optional Subjects (choose two from three)
Business Tax
- Prepare tax computations for sole traders and partnerships
- Prepare tax computations for limited companies
- Prepare tax computations for the sale of capital assets by limited companies
- Understand administrative requirements of the UK’s tax regime
- Understand the tax implications of business disposals
- Understand tax relief, tax planning opportunities and agent’s responsibilities in reporting to HMRC
Personal Tax
- Understand the principles and rules that underpin taxation systems
- Calculate UK taxpayers’ total income
- Calculate Income Tax and national Insurance (NICs) payable by UK taxpayers
- Calculate capital Gains Tax payable by UK taxpayers
- Understand the principles of Inheritance tax
cash and Financial Management
- Prepare forecasts for cash receipts and payments
- prepare cash budgets and monitor cash flows
- Understand the importance of managing finance and liquidity
- Understand the way of raising finances and investing funds
- Understand regulations and organisational policies that influence decisions in managing cash and finance
Here are just a few positions that you could consider upon completion of this study.
- Self Employed Bookkeeper/accountant
- Accounts Payable and Expenses Supervisor
- Fixed asset accountant
- Payroll manager
- Senior Bookkeeper
- Senior fund accountant
- Tax supervisor
- Assistant financial accountant
- Cost accountant
- Practice Bookkeeper
- Indirect tax manager
- payments and billing manager
- Senior finance officer
- VAT accountant