AAT Level 3 Diploma in Accounting

What Modules will you Study?

You'll master more complex accounting areas during this qualification including:

Business Awareness
This unit will provide you with a sound understanding of the business, its environment and the influences that this has on an organisation’s structure, the role of its accounting function and its performance. Students will examine the purpose and types for businesses that exist and the rights and responsibilities of the key stakeholders, as well as gain an understanding of the importance of professional ethics and ethical management within the finance function.

Financial Accounting: Preparing Financial Statements
This unit will provide you with the informtion required to produce statements of profit or loss and statements for financial position for sole traders and partnerships, using a trial balance. Students will gain the double-entry bookkeeping skills needed to record financial transactions into an organisation’s accounts using a manual bookkeeping system.

Management Accounting Techniques
This unit will provide you with the knowledge and skills needed to understand the role of management accounting in an organisation, and how organisations use such information to aid decision making. Students will learn the principles that underpin management accounting methodology and techniques, how costs are handled in organisations and why organisations treat costs in different ways.

Tax Processes for Businesses.
This unit explores tax processes that influence the daily operations of businesses and is designed to develop students’ skills in understanding, preparing and submitting Value Added Tax (VAT) returns to HM Revenue and Customs (HMRC). The unit provides students with the knowledge and skills that are needed to keep businesses, employers and clients compliant with laws and practices that apply to VAT and payroll.

How long is the course?

6 hours a week over 34 weeks.

Where will I learn?

Channelside Campus

How much will this course cost?

Please refer to the College fees policy, for more information please contact Student.Services@furness.ac.uk

What are the entry requirements?

Students should have already accomplished AAT Level 2 Certificate in bookkeeping or be assessed by the course tutor as being competent by virtue of experience or other appropriate qualifications. You should also have an adequate level of English and Mathematics (Level 2 or equivalent is recommended).
The appropriate entry point for newcomers to the AAT programme will be discussed with students at interview to ensure they are directed to the most appropriate entry point.

The AAT requires that students disclose any criminal records or financial barriers to membership e.g. County Court Judgements, bankruptcy etc. Applicants should seek advice from the AAT (www.aat.org.uk) to ensure they can meet these requirements for AAT student membership before enrolment takes place.

What opportunities will this lead to?

Jobs in accounting and finance are extremely diverse and deliver exciting career opportunities in the future. Students can, in agreement with the college, progress to the Level 4 Diploma in Accounting.