Do you want a fulfilling career in accountancy? Have you passed AAT Level 3 or an equivalent accounting qualification? We can help you reach your goal by studying AAT Level 4. This level builds on the knowledge you gained in the Level 3 Diploma. You will cover higher accounting tasks including drafting financial statements, managing budgets, and evaluating financial performance. There are also optional specialist units including business tax, personal tax, auditing, credit management, and cash and financial management. After qualifying you can work in accounting roles or progress onto studying chartered accountancy. About AAT Level 4 Diploma in Professional Accounting Entry Requirements To progress comfortably on this course, you’ll need to have good accounting knowledge and be able to perform all the financial and management accounting tasks which are tested on the AAT Level 3 course. Plus you’ll need a good standard of English literacy and basic Maths skills. We recommend you register with AAT before starting this course. This will give you your AAT student number, which enables you to enter for assessments. AAT Level 4 Diploma in Professional Accounting syllabus By the end of this course, you’ll be able to apply complex accounting principles, concepts, and rules to prepare the financial statements of a limited company. You’ll also learn management accounting techniques to aid decision making and control, prepare and monitor budgets, and measure performance. This level consists of compulsory and optional units: Compulsory unitsDrafting and Interpreting of Financial Statements (DAIF) The reporting frameworks that underpin financial reporting How to draft statutory financial statements for limited companies How to draft consolidated financial statements How to interpret financial statements using ratio analysis Applied Management Accounting (AMAC) The organisational planning process How to use internal processes to enhance operational control How to use techniques to aid short-term and long-term decision making How to analyse and report on business performance Internal Accounting Systems and Controls (INAC) The role and responsibilities of the accounting function within an organisation How to evaluate internal control systems How to evaluate an organisation’s accounting system and underpinning procedures The impact of technology on accounting systems How to recommend improvements to an organisation’s accounting system Optional units (choose two)Business Tax (BNTA) How to prepare tax computations for sole traders and partnerships How to prepare tax computations for limited companies How to prepare tax computations for the sale of capital assets by limited companies The administrative requirements of the UK’s tax regime The tax implications of business disposals Tax reliefs, tax planning opportunities and agent’s responsibilities in reporting taxation to HM Revenue and Customs Personal Tax (PNTA) The principles and rules that underpin taxation systems How to calculate UK taxpayers’ total income How to calculate income tax and National Insurance Contributions (NICs) payable by UK taxpayers How to calculate capital gains tax payable by UK taxpayers The principles of inheritance tax Audit and Assurance (AUDT) The audit and assurance framework The importance of professional ethics How to evaluate the planning process for audit and assurance How to evaluate procedures for obtaining sufficient and appropriate evidence How to review and report findings Cash and Financial Management (CSFT) How to prepare forecasts for cash receipts and payments How to prepare cash budgets and monitor cash flows The importance of managing finance and liquidity Ways of raising finance and investing funds Regulations and organisational policies that influence decisions in managing cash and finance Credit and Debt Management (CRDM) The relevant legislation and contract law that impacts the credit control environment How information is used to assess credit risk and grant credit in compliance with organisational policies and procedures The organisation’s credit control processes for managing and collecting debts Different techniques available to collect debts How is this course assessed? The Level 4 course is assessed by unit assessments. Unit assessment The Level 4 course is assessed by unit assessments. A unit assessment only tests knowledge and skills taught in that unit. At Level 4 they are: Available on demand Scheduled by and sat at AAT approved assessment venues Marked by the AAT and the results are released after six weeks Getting your results Assessment results will be available in your MyAAT account when they are released. Grading To be awarded the AAT Level 4 Diploma in Accounting qualification you must achieve at least a 70% competency level in each unit assessment. Resits You can resit an assessment to improve your grade. Results from the assessment with the highest marks will be used to calculate your final grade. There are no resit restrictions or employer engagement requirements for any fee paying student on any of our AAT courses. What’s included, and what support will I get? Partnering with the best, you’ll always have access to market leading tutor led online learning modules and content developed by Kaplan and Osborne books. All day, every day for as long as you subscribe. Unlimited access to the AAT Level 4 content with the use of all other levels, allowing you to recap previous levels at no extra cost Instant access to our unique comprehensive Study Buddy learning guide Access to Consolidation and Progress Tests and computer and self marked Mock Exams. You’re fully supported with access to expert tutors, seven days a week, responding via email within four working hours You’ll be assigned a mentor to help and guide you through the order of subjects to study in, and check that the level you’re starting at is right for you. Your subscription includes all the online content you need to succeed, but if you want to supplement your learning with books, Eagle students get 50% off hard copy study materials. What could I do next? After you’ve passed this level, you can work in a variety of jobs including forensic accountant, tax manager, accountancy consultant, or finance analyst, earning salaries of up to £37,000 as you advance and gain experience. AAT full members (MAAT) and fellow members (FMAAT) are eligible for exemptions that allow you to take the fast track route to chartered accountant status. You can stay with the same training provider. Eagle offers affordable courses approved by the ACCA (Association of Chartered Certified Accountants) to which you can subscribe. Additional costs You are required to become a member of the Association of Accounting Technicians (AAT) launch to fulfil your qualification. Fees associated with admission, and exam fees, are in addition to the cost of the course. Admission and membership fees are payable direct to AAT. Exam fees are paid to the exam centre. AAT One off Level 4 Registration Fee: £240 AAT Assessment Fees: £70 to £80 per unit but this can vary depending on where you sit your assessment. Please be aware that these are subject to change.
Access online study materials for the complete AAT syllabus, exclusively developed by Kaplan, plus expert tutor support 7 days a week with one subscription. Study at your own pace and progress your accounting career. Career benefits of an AAT Distance Learning course AAT accounting qualifications are globally recognised, and offer strong job prospects in a range of industries. You don’t need any previous qualifications or accountancy experience to begin studying AAT. Once qualified, you could earn up to £40,000 within a few years of qualifying. Why study AAT with Eagle? We are an AAT-approved training provider, and are the only provider partnered with both Kaplan, the market leader in accountancy courses, and Osborne books, the market leader in AAT study material. We have been supporting students in gaining their AAT qualifications with affordable courses for 20 years. AAT Accounting qualifications Level 2 Certificate in Accounting This qualification will prepare you for junior and entry-level accounting roles. It will give you a solid foundation in finance administration and covers areas such as double-entry bookkeeping and basic costing principles. You will learn finance, accountancy, business, and vital communication skills. Level 3 Diploma in Accounting This course is suitable if you have previous accountancy experience, through study or work experience, and you’re looking to develop your skills further so you can become qualified and work in a variety of accounting roles. Level 4 Diploma in Professional AccountingThis level builds on the knowledge you gained in the Level 3 Diploma. You will cover higher accounting tasks including drafting financial statements, managing budgets, and evaluating financial performance. There are also optional specialist units including business tax, personal tax, auditing, credit management, and cash and financial management. After qualifying you can work in accounting roles or progress onto studying chartered accountancy. What’s included in an AAT course subscription Unlike classroom studying where you often pay a course fee for each level, all the AAT accounting and bookkeeping qualifications are included in an Eagle subscription. Content is always available and always up to date, empowering you to progress, or recap at no extra cost Online Study Buddy learning guide that guides you through each module. Written by Osborne Books’ subject experts High quality videos provided by Kaplan that cover the tricky topic areas for each subject On demand assessments to make sure you understand the topics and can see yourself making progress. Online Osborne tutorial study texts covering the full syllabus with practical theory led examples Practice questions and assessments written by AAT tutor experts that will consolidate your learning and get you exam ready Unlimited academic and mentor support (during academic and mentor hours)* Receive responses to your queries from a dedicated tutor team, who are all accountancy qualified* *Only once you are a paying subscriber. Why choose an Eagle Distance Learning Course? With our online subscription courses, you’re in control. Live your life and study at your own pace. Study fast, or take your time, we’ve got all the bases covered. We’ll provide you with expert study materials from both Kaplan and Osborne Books, and you’ll get support from your personal Eagle mentor to guide you through the learning process. We are one of the most experienced online distance learning providers, and our students’ success rates speak for themselves, consistently exceeding the national average. If you have any questions about studying with Eagle, or need some guidance on where to start, you can contact us for a free consultation.