1. AAT Level 3 Diploma in Accounting
Mrs Ruston

2. Year 13 – The Advanced Diploma
Once you have gained the Level 2 Certificate, you can then progress onto the Level 3 Diploma.
This Diploma will give you professional status in the industry and immediately increase your earning capacity once you have qualified.

3. Where could Level 3 AAT take me?
Advance your career and boost your salary
Earn up to 67% more fully qualified
Become an AAT full member (MAAT)
Increased professional status, keep skills fresh and gain the letters MAAT after your name
Progress to Chartered Accountancy
Gain exemptions from ACCA, CIPFA, ICAEW, CIMA and ICAS.
Be your own boss
Set up your own practice offering financial services
Where else could AAT take me?
The 2015 AAT Salary Survey suggests that the AAT Accounting Qualification will significantly boost your earning power during your working life. Those surveyed who had completed the AAT Accounting Qualifications earn up to 67% more than those without.
AAT Accounting Qualifications are a recognised business qualification within the marketplace with approximately 25% of relevant job adverts mentioning AAT. This shows the demand and acknowledgement of the qualification.
Employers also find that AAT staff tend to hit the ground running, applying their skills from day one.
If you are a full or fellow AAT member and you are offering accountancy, taxation or related consultancy services to the public you must become Licensed AAT Accountant

4. Level 3 Diploma in Accounting
Units
Accounts preparation
Prepare final accounts for sole traders and partnerships
Management accounts
Indirect tax
Professional ethics
Spreadsheet software
The Professional Ethics and Spreadsheet elements of the course will be assessed in a final Synoptic Exam.

5. Accounts preparation
You will review double-entry bookkeeping and the trial balance
Financial statements and the extended trial balance
Accruals and prepayments
Depreciation of fixed assets
Irrecoverable debts and doubtful debts
The rules of accounting
Accounting for capital transactions
Control accounts and the correction of errors

6. Final accounts for sole traders and partnerships
Preparing financial statements
Incomplete records
Sole trader financial statements
Partnership financial statements
Changes in partnerships

7. Management accounts Review basic cost accounting
Material and labour costs
Expenses
Costing overheads
Methods of costing
Marginal and absorption costing
Aspects of budgeting
Short and long-term decisions

8. Indirect tax Introduction to VAT VAT and business documents
Inputs and outputs and special schemes
The VAT return
VAT communications

9. Professional ethics Principles of professional ethics
Objectivity and professional competence
Confidentiality and taxation services
Ethics and the employed accountant
Ethics and the member in practice
Taking on a new client
Legal considerations
Regulations of the accounting profession

10. Working with spreadsheets
Spreadsheet basics
Formatting the spreadsheet data
Advanced formatting
Spreadsheet functions
Sorting, checking and importing data
Statistical functions and charts
Pivot tables and workbook management

11. How will AAT support me? MyAAT Study support Career support
Your personalised online account which includes a log of all your assessment results.
Study support
e-learning and sample assessments for every AAT unit
Career support
Online CV builders, interview simulators and job search
AAT Additions
Exclusive benefits package includes discounted cinema tickets and gym membership
AAT Weekly
Your one-stop with everything you need to know to qualify
Events
Free branch events and online webinars

12. Progression Gain UCAS points to help secure a place at university
Gain an apprenticeship and continue to study Level 4 to work towards becoming an AAT full membership with letters after your name:(MAAT)
Progress to Chartered Accountancy
Gain exemptions from ACCA, CIPFA, ICAEW, CIMA and ICA.
Be your own boss and set up your own practice offering financial services
On successful completion of level 3 you can apply to become a fully qualified bookkeeping which will help you earn a much better salary

13. Any questions about this qualification?
If you have any questions regarding the AAT qualification, you can contact Mrs Ruston at the King John 6th Form.