aat | courses | online
Level 4 AAT Professional Diploma in Accounting
This UK advanced diploma in accounting enables your employees to expand and establish their knowledge in accounting and upon completion of this online AAT course, they will be fully qualified accountants. Your employees will learn vital skills that are required when working as a finance professional, including managing budgets, making decisions and controlling accounts.
This online AAT course is split into 10 units, with unit 10 being an additional revision unit for the synoptic assessment. Units 1, 2, 3, 9 and 10 are mandatory units. Your employees will then pick two specialist units from a selection of the remaining five.
Unit 1: Management accounting: Budgeting.
In this unit, your employees will learn about preparing forecasts of income and expenditure, preparing budgets, demonstrating how budgeting can improve organisational performance, and reporting budgetary information to management.
Unit 2: Management accounting: Decision and control.
Within this unit, your employees will learn about analysing a range of costing techniques to support the management accounting function of an organisation, calculating and using standard costing to improve performance, demonstrating a range of statistical techniques to analyse business information, using appropriate financial and non-financial performance techniques to aid decision making, and evaluating a range of cost management techniques to enhance value and aid decision making.
Unit 3: Financial statements of limited companies.
In this unit, your employees will learn to demonstrate an understanding of the reporting frameworks and ethical principles that underpin financial reporting, and to demonstrate an understanding of the key features of a published set of financial statements. Your employees will also learn to draft statutory financial statements for a limited company, draft consolidated financial statements and interpret financial statements using ratio analysis.
Unit 4: Business tax.
Within this unit, your employees will learn how to complete tax returns for sole traders and partnerships and prepare supporting tax computations, complete tax returns for limited companies and prepare supporting tax computations, provide advice on the UK’s tax regime and its impact on sole traders, partnerships and limited companies, advise business clients on tax reliefs, and their responsibilities and their agent’s responsibilities in reporting to HMRC, and prepare tax computations for the sale of capital assets.
Unit 5: Personal tax.
In this unit, your employees will analyse the theories, principles and rules that underpin taxation systems, calculate a UK taxpayer’s total income, calculate income tax and National Insurance (NI) contributions payable by a UK taxpayer, account for capital gains tax, and discuss the basics of inheritance tax.
Unit 6: External auditing.
In this unit, your employees will demonstrate an understanding of the principles of auditing, demonstrate the importance of professional ethics, evaluate the audited entity’s system of internal control, evaluate audit procedures for obtaining audit evidence, evaluate the planning process, and evaluate audit procedures.
Unit 7: Cash and treasury management.
Within this unit, your employees will use statistical techniques and financial information to prepare forecasts of cash receipts and payments, prepare cash budgets and monitor cash flows within the organisation, evaluate the principles of cash management within the context of regulation and government monetary policies, evaluate ways of raising finance in accordance with organisational requirements, and evaluate ways of investing surplus funds within organisational policies.
Unit 8: Credit management.
In this unit, your employees will analyse relevant legislation and contract law that has an impact on the credit control environment, critically analyse information from a variety of sources to assess credit risk and grant credit in compliance with organisational policies and procedures, evaluate a range of techniques to collect debts, critically evaluate credit control in line with organisational policies and procedures, and present advice and recommendations to management on the credit control system.
Unit 9: Accounting systems and controls (synoptic unit) .
Within this unit, your employees will demonstrate an understanding of the role and responsibilities of the accounting function within an organisation, evaluate internal control systems, evaluate an organisation’s accounting system and underpinning procedures, and analyse recommendations made to improve an organisation’s accounting system.
Unit 10: Synoptic assessment preparation.
The synoptic assessment will recap everything your employees learnt in units 1, 2, 3 and 9.
Benefits of this UK advanced diploma in accounting - this is one of the key benefits of AAT online courses :
- You will see improved staff retention
- Employees will achieve a nationally recognised level 4 qualification
- Employees can learn from your own home, in your own time
- Employees get access to award-winning learning and assessment materials
- Employees will receive subject specialist support from a Tutor and access to a Learner Support Advisor for everyday queries whilst still enjoying a a fully online aat course
- Funding available – speak to one of our team for more information and to see if your staff are eligible.
Once you have completed this qualification, you could progress on to an accounting degree, or the following:
Professional Accounting / Taxation Technician
|Full cost||Direct debit|
|£1950||Initial payment of £195, 17 monthly payments of £103.23|