AAT Level 3 Qualification | 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