AAT Professional Level 4 Diploma in Accounting

Association of Accounting Technicians (AAT)

The AAT Level 4 Professional Diploma in Accounting is a perfect progression if you’ve already completed AAT Foundation Certificate in Accounting and AAT Advanced Diploma in Accounting, or you’re at a more advanced stage in your career and want a qualification to give you the confidence and proof that you have the skills to do the job. The skills are necessary for a ‘finance team leader’ role: complex management accounting tasks; general management skills; drafting financial statements; specialisation in specific subject areas.

£905.00

Postage & Packaging (Monday to Friday Delivery)£17
Postage & Packaging (Saturday Delivery)£25
Postage & Packaging (per level) Overseas£49

 

Additional fees to remember

Please note that in order to achieve the AAT qualification you will need to join the AAT as a student member. The following items are not included in your course fees:

AAT Admission Fee£49 
AAT Annual Subscription£101 
Examination fees*:
Level 4 DiplomaFees vary between approximately £65-£85 per exam
*Exam fees vary depending on the exam centre.
Financial Statements of Limited Companies
(FSLC)
To develop students’ knowledge so that they are able to understand the regulatory and conceptual frameworks which underpin the preparation of limited company financial statements. To develop students’ knowledge and skills so that they able to understand and apply International Financial Reporting Standards and relevant legislation in the drafting of financial statements of single limited companies and consolidated financial statements to develop students’ knowledge and skills so that they are able to analyse and interpret the financial statements of limited companies using ratio analysis.

 

Management Accounting: Budgeting
(MABU)
Prepare forecasts of income and expenditure. Prepare budgets. Assess the impact of internal and external factors on budgets. Use budgetary control to improve organisational performance. Report budgetary information to management in a clear and appropriate format.

 

 

Management Accounting: Decision and Control
(MDCL)
Collate and analyse cost information from various sources. Be able to use standard costing to analyse performance. Be able to use appropriate techniques to measure performance and manage costs. Make suggestions for improving financial performance by monitoring and analysing information. Prepare performance reports for management

 

 

Accounting Systems and Controls
(ASYC)
Understand the role of accounting within the organisation. Understand the importance and use of internal control systems. Evaluate the accounting system and identify areas for improvement. Conduct an ethical evaluation of the accounting systems. Conduct a sustainability evaluation of the accounting system. Make recommendations to improve the accounting system.

 

 

Synoptic Assessment
(PDSY)
The PDSY synoptic professional level assessment forms part of the Professional Diploma in Accounting.  It is designed to enable students to apply knowledge and skills gained across the mandatory units of the qualification in an integrated way. The assessment uses pre-release material which is available to students in the Study support search section of the AAT website.  The material includes a brief description of the business, recent published results, accountancy systems, staffing information and business procedures and processes.  It is important that you familiarise yourself with the material before sitting the assessment.  This assessment is challenging and will focus heavily on the extended writing tasks which require the knowledge and skills to analysis, evaluate, justify and make recommendations in a professional format to allow management to make informed decisions to meet statutory requirements.

 

Optional units – you will be required to choose 2 from the following:

Cash and Treasury Management
(CTRM)
Use statistical techniques and financial information to prepare forecasts of income and expenditure. Prepare cash budgets. Use cash budgets to monitor cash flow within the organisation. Manage cash balances effectively. Raise finance in accordance with organisational requirements. Invest surplus funds observing organisational policies.

 

Credit Management
(CDMT)
Understand relevant legislation that impacts upon credit management. Use information from a variety of sources to grant credit to customers within organisational guidelines. Use a range of techniques for the collection of debts. Monitor and control the supply of credit.

 

 

Personal Tax
(PLTX)
Demonstrate an understanding of legislation and procedures relating to personal tax. Understand the current taxation principles of income from employment, investment income, property income and capital gains tax. Calculate income from all sources and apply relevant allowances, deductions and reliefs to prepare accurate income tax computations. Calculate the income tax liability of an individual. Calculate the capital gains tax liability of an individual. Prepare accurate computations and complete sections of relevant tax returns.

 

 

Business Tax
(BSTX)
Understand the impact of legislation and legislative changes. Understand tax law and its implications for unincorporated businesses. Understand tax law and its implications for incorporated businesses. Understand how to treat capital assets and prepare the relevant pages of a tax return for an unincorporated business and accurately produce the computations to support this. Correctly complete corporation tax returns with all supporting computations for incorporated businesses.

 

 

External Auditing
(ETAU)
In the External Auditing unit students develop an understanding of the legal and regulatory requirements relating to external audit engagements and how the external audit process meets those requirements. Students should demonstrate a knowledge of the concept of assurance, internal controls within accounting systems, the different types of audit evidence and the use of interview and listening skills. Students should understand the role of materiality and risk assessment in the external audit process.

The AAT Professional Diploma in Accounting higher level accounting tasks, including drafting financial statements, managing budgets and evaluating financial performance. You’ll also have the opportunity to specialise in areas from tax to auditing and credit control with the optional units.

Once you’ve achieved this level, you’ll be awarded the AAT Accounting Qualification. With evidence of one year’s past relevant work experience, you’ll be able to apply to become a full member of AAT and use the letters MAAT after your name.

Here is how to apply for your full membership: https://www.aat.org.uk/membership and some of the other AAT courses we offer that may be of interest may be found here:https://www.oxfordcollege.ac/courses/aat-bookkeeping-and-accountancy/