This is the third of three AAT Levels which you are required to achieve to become a fully qualified AAT Accounting Technician. Personal Taxation and Business Taxation allow for Accreditation of Prior Experiential Learning (APEL) in other Accountancy roles such as Chartered Accountants.
You will also take three core examinations and be required to complete a project.
You will learn essential knowledge and skills that will prepare you for a career in Accounting. Topics include Taxation, Auditing, Credit Control and Cash Management.
- Drafting Financial Statements
- Contributing to the Management of Performance and the Enhancement of Value
- Contributing to the Planning and Control of Resources
- Managing Systems and People in the Accounting Environment
- Contributing to the Maintenance of a Healthy, Safe and Productive Environment
In addition you will have to choose two from the following options:
- Preparing Business Taxation Computations
- Preparing Personal Taxation Computations
- Operating a Cash Management and Credit Control System
- Implementing Auditing Procedures
- Drafting Financial Statements is about drafting and interpreting financial statements of limited companies.
- Contributing to the Management and the Enhancement of Value is about collecting, analysing and interpreting information of help to managers in controlling costs and improving the performance of operations.
- Contributing to the Planning and Control of Resources focuses on the planning and control of resources in an organisation.
- Managing Systems and People in the Accounting Environment is about your role as a manager in the accounting environment, whether you are a line manager or are managing a particular function or project.
- Contribute to the Maintenance of a Healthy, Safe and Productive Environment is about monitoring your working environment and making sure it meets requirements for health, safety, security and effective working conditions.
- Preparing Business Taxation Computations is about preparing tax computations for business and completing the relevant tax forms.
- Preparing Personal Taxation Computations is about preparing tax computations and returns for individuals.
- Operating a Cash Management and Credit Control System is concerned with the management of cash and credit. It involves the management of cash balances as well as the granting of credit and the collection of outstanding debts.
- Implementing Auditing Principles relates to the internal and external auditing process and requires you to be involved from the planning to the reporting stage.
You must be working in an accountancy role in current accounting employment (or demonstrate past accounting work experience and/or future accounting employment plans) and have an AAT Level 3 Diploma or other professional Accountancy qualifications.
You must register with the AAT by the end of September. Full membership of the AAT requires one full calendar year of appropriate accounting work experience gained since joining the AAT. In addition you must have successfully achieved all three Levels.
You will be interviewed.
We also consider individual applicants who can demonstrate relevant learning, work/voluntary experience, using our Recognition of Prior Learning process. Please contact the admission team for further information and support.
Drafting Financial Statements, Contributing to the Management of Performance and the Enhancement of Value, Contributing to the Planning and Control of Resources, Preparing Business Taxation Computations and Preparing Personal Taxation Computations are all Units which are assessed by examination. All examinations are set and marked by the AAT.
Operating a Cash Management and Credit Control System, Implementing Auditing Procedures and Contributing to the Maintenance of a Healthy, Safe and Productive Working Environment (MHSPWE) are assessed by a skills test. Skills tests are set by the AAT but marked internally. (If you have achieved your AAT Intermediate stage/NVQ 3 Accounting you will not have to repeat the MHSPWE skills test again).
Managing Systems and People in the Accounting Environment is assessed by either a case study or a 4,000 word project.
Successful completion of this course can lead to progression to further study and employment in the Accountancy sector.
If you are 16 to 18 years old you won't have to pay tuition fees. If you're 19 or older you may need to pay a fee.
Our prospectus, college documents and website are simply here to offer a guide. We accept no liability for any inaccurate statements and are not responsible for any negative outcomes if you rely on an inaccurate statement. We reserve the right to withdraw any programmes or service ay any time.