AAT Level 3 Qualification | Advanced Diploma/Certificate in Accounting

Advanced Diploma in Accounting

What you'll learn

In this qualification you will master more complex accounting disciplines including financial processes, advanced bookkeeping, final accounts and ethical practices for accountants.

The qualification builds on top level 2 AAT. This is an important milestone for AAT students as they are learning more intense and important concepts. The level requires more focused study and more dedication.

Like all other AAT levels, we aim to integrate practical training along with the academics. You will be trained on the contents of Accounts Assistant Training that will train you on Accruals, Prepayments, Asset registers, Depreciations and many more.

You will be learning Sage, Xero , QuickBooks and Advanced Excel.

Requirements for AAT level 3 Qualification

AAT level 3 further develops the knowledge and skills acquired in AAT level 2 and is ideal after the foundation certificate. You can also apply after completing an intermediate degree or A class, and it can also help you gain exemption in some units.

Knowing Double Entry Bookkeeping, you can also opt for AAT Bookkeeping qualification instead of AAT level 3.

The equivalency of AAT level 3

According to Qualification and Credit Framework, AAT Level 3 or Advanced Diploma in Accounting is equivalent to A levels but is a more advanced course than A levels.

Duration of the course

The course takes around six to twelve months to complete and make you eligible for finance officer, assistant accountant, and advanced bookkeeper jobs.

Average AAT 3 qualified salary

The average salary for an AAT level 3 qualified individual is from £15,00 to £25,000. However, it can vary according to your experience and knowledge of the field.

  • Assistant Accountant earns an average salary of £22,218 that can increase up to £29,349.
  • Finance Assistant has an average wage of £19,321 and rises to £23,316.
  • Credit Controller’s average salary is £20,769 and grows to £27,780.

You have a bright career ahead after attaining the AAT level 3 qualification and can also boost your job after completing level 4, professional diploma.

AAT Level 3 - Module Description and AAT Exam Structure

LEVEL 3 Advanced Diploma/ Certificate in Accounting

Advanced Bookkeeping

  • Apply 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

Spreadsheets for Accounting

  • Design and structure appropriate spreadsheets to meet customer needs
  • Use spreadsheet software to record, format and organise data
  • Use relevant tools to manipulate and analyse data
  • Use software tools to verify accuracy and protect data
  • Use tools and techniques to prepare and report accounting information

Management Accounting: Costing

  • Understand the purpose and use of management accounting within an organisation
  • Apply techniques required for dealing with costs
  • Apportion costs according to organisational requirements
  • Analyse and review deviations from budget and report these to management
  • Apply management accounting techniques to support decision making

Indirect Tax

  • Understand and apply VAT legislation requirements
  • Accurately complete VAT returns and submit them in a timely manner
  • Understand the implications for the business of errors, omissions and late filing and payment
  • Report VAT-related information within the organisation in accordance with regulatory and organisational requirement

Final Accounts Preparation

  • Distinguish between the financial recording and reporting requirements of different types of organisation
  • Explain the need for final accounts and ethical principles underlying their preparation
  • Prepare accounting records from incomplete information
  • Produce accounts for sole traders & partnerships
  • Recognise the key differences between preparing accounts

Ethics for Accountants

  • Understand the need to act ethically
  • Understand the relevance to the accountant’s work of the ethical code for professional accountants
  • Recognise how to act ethically in an accounting role
  • Identify action to take in relation to unethical behaviour or illegal acts

Achieve professional AAT Bookkeeping membership

If you successfully complete this qualification, you can apply for AAT associate bookkeeping membership and achieve professional AATQB status.

(The synoptic assessment will ask students to apply knowledge and skills gained across the qualification in an integrated way, within a workplace context. Scenarios will change over time to ensure the validity of the assessment)

What jobs can you do with this qualification?

AAT qualifications are recognised by employers as practical and technical qualifications that prepare students for the world of work and for working specifically in accountancy and finance roles. Find out more about where AAT can take you in your career.

The Advanced Diploma in Accounting can lead to employment as:

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

Further Academic Progression - AAT Level 4

Related Practical Accounting Training - Accounts Assistant Training

Certification at the end of the Training

Level 3
Xero Adviser Certificate

AAT Level 2, AAT Level 3, AAT Level 4

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