Accountancy Professional Qualification

AAT Diploma in Accounting Level 3 and AAT Diploma in Professional Accounting Level 4 (Combination)

The AAT Diploma in Accounting Level 3 course, updated for the AAT Q2022 syllabus, allows you to further your learning and enhance your accounting knowledge and skills at your own pace. It offers a unique way to progress within Accountancy, and with guided tutor support throughout, Babington will support you every step of the way on your learning journey to success in your career in years to come. The course is delivered through e-learning.

Further your skills and learning, gain applicable skills and increase your confidence on this advance course, which will encourage you to master more complex accounting principles in both Bookkeeping and Management Accounting.

Becoming a Chartered Accountant requires capability, knowledge, and qualifications to show your experience. It requires a lot of learning, time, and an understanding to apply the learning to your role. Our Diploma in Professional Accounting Level 4 qualification, equips you with expert skills and knowledge, preparing you to become a fully qualified accounting technician.

AAT is the ideal first step towards further qualifications such as ACCA and CIMA which take you onto specialist areas of accounting. Completing certain AAT qualifications can exempt you from certain modules on the route to becoming a Chartered Accountant.

Babington was named ‘Private Sector Accountancy College of the Year’ in the 2022 PQ Awards – underscoring our commitment to excellence and the needs of our learners.

This course is part of the AAT qualification pathway, leading you to an industry recognised qualification and a career within Accountancy.

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At a glance

Relevant to

Those looking to progress their accountancy career and achieve the AAT Qualification

Entry requirements

AAT Certificate in Accounting Level 2 or equivalent

Type

Professional Qualification

Standard

AAT Level 3 Diploma in Accounting and AAT Level 4 Diploma in Professional Accounting

Level

Level 3 and Level 4

Format/Modality

Virtual delivery

Duration

Up to 24 months

Cost

£949 (excl. VAT, exam costs and AAT membership)

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Learning topics

Learning journey overview

Your Level 3 professional study will fall into 4 chapters. This is followed by three mandatory units and five optional units at Level 4. You must pass all the mandatory units and two of the five optional unit assessments to achieve the qualification. Use the menu below to explore detailed topics within each chapter.

Advanced double entry.
Acquisition and disposal of non current assets.
Depreciation calculations.
Record period end adjustments.
Produce extended the trial balance, financial statements.
Interpret financial statements using profitability ratios.

Legislation requirements relating to VAT.
Calculate VAT.
Review and verify VAT returns.
Understand principles of payroll.
Report information within the organisation.
Recognise the impact that adjustments for previous period errors will have on VAT.

Businesses, governance and legal framework.
External and internal environments on business, performance and decisions.
Principles of professional ethics.
New technologies and risks associated with data security.
Communicate information to stakeholders.

Management accounting within organisations.
Attribute costs.
Investigate deviations from budgets.
Use spreadsheet techniques to provide management accounting information.
Short term decision making.
Principles of cash management.

You’ll learn about drafting financial statements for single entities and relevant accounting standards and the consolidation of limited companies. You will also gain the skills to interpret the financial statements of limited companies, using ratio analysis.

You’ll learn how to implement organisational planning processes in an organisation, use internal processes to enhance operational control, and techniques to decide on short-term and long-term decision making.

You’ll demonstrate your understanding by evaluating internal controls and accounting systems within an organisation, and make recommendations to any weaknesses you find. You will also learn how technology can impact accounting systems and the roles and responsibilities of the accounting function within an organisation.

You’ll learn how to prepare tax computations for sole traders, partnerships, limited companies and for the sale of capital assets by limited companies. You will also understand the administrative requirements of UK tax law, the implications of errors, late filing of tax returns, and business disposal in an ethical manner.

You’ll learn about the principles, rules and implications that underpin the taxation systems and inheritance tax. You will also learn how to calculate taxpayers’ total income, income tax, NI, and capital gains tax.

You’ll gain an understanding about audit and the assurance framework and the importance of professional ethics. You will also learn how to conduct an external audit which includes planning and obtaining sufficient and appropriate evidence.

You'll learn how to prepare forecasts for cash receipts and payments, cash budgets and monitor cash flows. You’ll gain the practical skills for taking appropriate action to maximise the wealth of a business when they have shortfalls or surpluses in their cash budget.

You’ll learn the techniques to assess credit risks, grant credit, how to collect debt from customers, and the principles of effective credit control in an organisation. You will also learn about the relevant legislation, contract law, and ethical principles within a credit control environment.

Possible progression and career routes:

This qualification makes you eligible for AAT Bookkeeper (AATQB) status
You may pursue a career as a freelance bookkeeper
Move on to study the  AAT Level 4 Diploma in Professional Accounting

Programme outcomes

For employers

Organisations can place their professionals on this course as a means of refreshing their basic skills and knowledge, allowing employees to learn at their own pace.

For learners

On completion of this course, you will have a formal industry recognised qualification and be confident in a range of tasks. These include being able to complete a limited company’s statutory financial statements, prepare budgets and income expenditure forecasts and measure performance and manage costs. You will also be able confident to complete a corporation tax return and a a self-assessment tax return.

Please use the link below to locate the centres which would be suitable for you to sit your assessments and the associated costs. Exams and AAT membership costs are not included in the price of this course, and you would pay the centre directly.

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How the programme works

What is expected of learners?

We provide the very best in teaching and resources to guide learners through the programme and are committed to support every step of the way. Learners must also commit to learning aims as part of the programme, building a partnership with Babington which not only ensures successful completion of the course, but also builds valuable new skills, knowledge and working styles.

We will support you with your online distance learning course, which is self driven home study.
Help you prepare for your unit assessment.
We will guide and mentor you through your development.
Learning support will be available from a tutor via email, phone or virtual TEAMS session.

Aim to spend 15 to 20 hours per week learning and studying.
To complete units and sit AAT assessments within advised timeframe.
To take responsibility to “self drive” your learning journey using all the resources provided to fully engage in the home study/independent learning experience.
Purchase books, register with AAT and use AAT Link to book and pay for your own exams.

Why us?

Personalised independent e-learner journey.
Access to learning 24/7 with Babington's digital platform EQUAL - track your progress and test your learning.
Dedicated tutor - support when you need it.
Tailored 1-2-1 study support session.

Ready to get started? Enquire about this programme today Let's go!

TESTIMONIALS

What our experts and learners have to say

The training provided was excellent and I fully understood what was being taught and with my commitment I passed all units first time and therefore was pleasantly surprised that I was able to achieve AAT Level 3 though online training which I was very scared of doing but now would not hesitate to sign up for any future online courses.

Learner

AAT Level 3

I have a passion for helping and supporting anyone looking to learn new accounting skills. It is a privilege and pleasure to see a learner successfully achieve their qualification and progress in their career. In my 20 plus years in the education and training sector, I have had the privilege to help build individual learner’s confidence and self-belief, enabling them to aspire to make significant, positive life-style career changes and improve their quality of life. I love my job!

Teresa Haley

Accountancy Tutor

Excellence in numbers

Delivering meaningful outcomes

Trust your professional development to the experts. We're proud to help upskill thousands of professionals every year and support businesses in building the talent pipelines of tomorrow.

80%

80% of members who have completed an AAT Accounting qualification agree it has increased their earning potential

83%

Babington received a Customer Satisfaction rate of 83% for academic year 2020/21

Awards

PQ Awards Public Sector Accountancy College of the Year 2022

76%

76% of AAT members are satisfied in with their current job

1000+

Learners supported each year across our Accountancy portfolio

Why choose Babington?

Supercharge your accountancy career

On-demand digital content
Flexible online start
Access to some of the UK's leading accountancy specialists

Dedicated tutor throughout
Develop professional excellence and personal confidence and capability
Purpose built learning platform

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AAT Diploma in Accounting Level 3 and AAT Diploma in Professional Accounting Level 4 (Combination)

At a glance

Financial Accounts: Preparing Financial Statements (Level 3)

Tax Processes for Business (Level 3)

Business Awareness (Level 3)

Management Accounting Techniques & Spreadsheets (Level 3)

Drafting and Interpreting Financial Statements (Level 4) (compulsory)

Applied Management Accounting (Level 4) (compulsory)

Internal Accounting Systems and Controls (Level 4) (compulsory)

Business Tax (Level 4) (optional)

Personal Tax (Level 4) (optional)

Audit and Assurance (Level 4) (optional)

Cash and Financial Management (Level 4) (optional)

Credit and Debt Management (optional)

Possible progression and career routes:

Programme outcomes

For employers

For learners

Our commitments

Learner's responsibility

Why us?