AAT Level 3 Diploma in Accounting

"AAT Level 3 Diploma in Accounting is the best qualification for current accountancy professionals looking to improve their skillset and carry out more progressiveaccounting tasks."

The AAT Level 3 in accountancy course is designed to provide you with the essential skills and reliability to progress within the Bookkeeping industry. Whether you’re working to start your own company, or you need to take on a senior bookkeeping role within an established organisation, this course is the perfect route to get you there.

Table of Contents
  1. What is AAT Level - 3 Diploma in Accountancy?
  2. What Will I Learn In AAT Level 3 Units?
  3. AAT - Level 3 Advanced Diploma in Accounting Exams
  4. Entry Requirements
  5. Target Audience
  6. What Can I Suppose From A Job In Accounting?
  7. What Jobs Can You Do After This Qualification?

AAT Level 3 Diploma in Accounting

The AAT Level 3 certification in accounting qualification is an internationally recognised accountancy technician qualification. It is based on applied, real-world bookkeeping knowledge which you can put to use from day one and is recognised and appreciated by employers. The AAT qualification provides students with excellent and safe career prospects for both employment and self-employment.

What is AAT Level - 3 Diploma in Accountancy?

AAT Level - 3 is an Intermediate level of qualification in accounting. This course gives competent students the skills and knowledge to work proficiently in finance, accountancy, or bookkeeping role.

Furthermore, the students also have the chance to progress their studies with AAT Level 4 Diploma in Bookkeeping and acquire full membership of the AAT.

Upon achievement of this course, you’ll be granted the Professional AAT Bookkeeper status, allowing you to submit the final balance for companies of any size lawfully. If you’re new to bookkeeping, consider enrolling onto the AAT Foundation Certificate in Accounting Level 2. This course progresses onto the AAT Professional Diploma in Accounting Level 4 qualification.

The aim of the AAT Advanced Diploma in Accounting is to provide students with the expert knowledge and skills required for succeeding either to employment in an accounting or business role or to allow progression to further study in accounting and funding.

What Will I Learn In AAT Level 3 Units?

Building on the skills and procedures you developed through Level 2, the AAT Level 3 course in bookkeeping will allow you to understand and do more complex accounting processes, such as advanced double-entry accounting, implementing procedures for acquisition and disposal of non-current resources, preparing and recording downgrading calculations, and more!

In completing the accounting work experience London qualification, you will master more complex accounting topics, including financial processes, Advanced accounting, ethical practices for accountants and final accounts. Units include professional Bookkeeping, Management Accounting, Final Accounts Preparation, Ethics for Accountants, Indirect Tax, Spreadsheets for Bookkeeping and an Advanced Synoptic assessment which will deliver a good breadth of understanding for the new bookkeeping employee or those wishing to enter the bookkeeping environment.Additional complex accounting tasks, such as cost accounting records, formulating final accounts for sole traders and partnerships, reports & returns, financial spreadsheets and ethics.

Important Topics include:

Advanced Accounting: Consolidates learning at sage training and introduces new sections such as accounting for fixed assets and using the prolonged trial balance. You will deal with accrued and prepaid expenses and income, adjustments for closing inventory, and how these are integrated into an extended trial balance. Supplies for depreciation on non-current assets, irreversible debts and allowances for doubtful debts are also to be planned and accounted for.

Final Accounts Preparation: This unit is concerned with making final accounts for sole traders and partnerships, integrating elements of dealing with incomplete reports, and a proper understanding of the principles that underpin the planning of final reports.

Management Accounting Costing: You will create an understanding of how costs are handled in organisations, and why different organisations treat values in many ways. You should be able to recognise varied approaches to cost bookkeeping and make informed and consistent judgements to guide management.

Other Special Areas include:

  • Indirect tax
  • Spreadsheets for accounting
  • Guidelines and Ethics for accountants

AAT - Level 3 Advanced Diploma in Accounting Exams

There are five valuation exams: 4 computer-based exams -CBA, which will need to be taken at your London AAT level 3 test Centre, and 1 Synoptic Assessment.

Entry Requirements

Previous knowledge of ATT Level 2 or relevant experience/training is needed to enter this level of study.

Target Audience

Departmental or institution accounts staff who have finished Level 2, or who are previously at a more intermediate level and are looking to improve their accounting skills. You have known how Level 2 qualification in accounting or relevant work experience and need to expand your skills. Accountancy staffs who wish to increase a professional qualification and students progressing from Level 2.

What Can I Suppose From A Job In Accounting?

The purpose of this level of training is to increase the skills developed at the introductory level. You’ll master more complex business processes, containing final accounts for sole traders and partnerships, reports and returns with all professional ethics. It will permit you to move up to further study in accountancy and finance.

Employers of all levels see the value of employees with AAT training and large companies comprising KPMG, train their staff with AAT educations because it demonstrates they can apply their studies to a practical scenario. At this level, you will be comfortably salaried on more technical bookkeeping tasks and be involved in more senior responsibilities, such as Final Accounts Preparation, Advanced Bookkeeping, and Management Accounting: Costing, Indirect Tax FA18.

What Jobs Can You Do After This Qualification?

AAT certifications are recognised by employers as real-world and technical qualifications that prepare students for the world of work and for functioning accurately in accounting and finance roles. Learn more about where AAT Level 3 can take you in your career.

The Level 3 Advanced Diploma in Accounting can lead to employment as:

  • Accountants
  • Assistant Accountant
  • Accounts Payable Clerk
  • Bookkeeper
  • Audit Trainee
  • Finance Assistant
  • Credit Controller
  • Payroll Supervisor
  • Payroll Administrator
  • Tax Assistant
  • Practice Bookkeeper
  • Accounts Payable and Expenses Supervisor