ACCOUNTING PROFESSIONAL DIPLOMA (AAT)
LEVEL 4: PROFESSIONAL QUALIFICATION
EXAMINING BOARD: AAT
TYPE OF STUDY: DAY RELEASE, DISTANCE LEARNING
The Association of Accounting Technicians (AAT) is an internationally recognised professional accounting qualification (leading to letters after your name!) ideal for those who want to work in accountancy practice, industry or are self-employed.
The Professional Diploma is the final year of the AAT qualification. On successful completion, you will become an affiliate of AAT and eligible to apply for membership (you will need also to demonstrate suitable work experience too).
This qualification can also be obtained by completing a Professional Accounting Technician Apprenticeship.
The course is taught by qualified experienced Accountants/Tutors giving pass rates that consistently exceed the national averages – by as much as 25%. The Professional Diploma in Accounting develops the knowledge gained in the Advanced Diploma and covers three compulsory modules and two options:
Management Accounting – Budgeting: Forecasting; budget setting and systems; budget behaviours; advanced variance analysis and reporting; performance indicators
Management Accounting – Decision and Control: Standard costing; further absorption, marginal and activity based costing; sales, labour, material and overhead variances; interpreting variances; further decision making
Financial Statements of Limited Companies: Statements of financial performance, financial position and cash flow; group accounts; accounting standards; interpreting financial statements.
Synoptic: Revision of the subjects above and incorporating a module on accounting systems and control
We teach the Personal and Business Tax options as mainstream subjects although it may be possible to cover others (Cash Management, Credit Control, External Auditing) subject to demand.
- Personal Tax – Income tax, Inheritance tax and capital gains tax
- Business Tax – Corporation tax for sole traders and limited companies. Capital gains for companies
Assessments are independently managed by AAT and taken on a computer at Huish. Assessments are marked by AAT and results are communicated typically 6 weeks later.
The course lasts one year and on successful completion, you will become AAT affiliates and entitled to apply for full membership. This in turn will give exemption to the foundation components of CIMA and ACCA* (*taught at Huish) qualifications.
For further information download the AAT Factsheet 2021-22.
GCSE grade 4/C in English and Mathetmatics is preferred. You will also need an AAT Advanced Diploma in Accounting or equivalent Bookkeeping/Accounting competence.
The cost of this course is £2,845 the price includes all books and materials and one exam attempt per subject. The Advanced Learner Loan is available for this qualification. Extra costs are AAT annual membership fees – £99 support.
View our Finance and Bursaries page for further information.
How will I be taught?
Teaching is by lectures with practical examples and hands on practice.
What is the difference between day release and distance learning?
Day release is ideal for those who prefer the discipline of weekly classes with face to face tutor contact. There is a set timetable of teaching and exams and students generally complete their qualification with better pass rates and more quickly this way. A ‘day’ typically runs from 9am – 2pm and there is still an expectation that students will do some work at home to embed learning and revise.For this course we suggest that students work 10-12 hours a week on top of the lesson, with a little more in the run up to assessment.
For those who cannot attend a class on a regular basis, distance learning in the form of home self-study can be an effective option. Students can work more at their own pace to their own schedule and other commitments. Huish provides books and online tutor support via e-mail and telephone contact. This approach requires good self-discipline from students to adhere to a study timetable will generally- but doesn’t have to- take longer overall.
What is the timetable like?
Students may start in early September, January or March. We also offer distance learning courses whereby students home study with remote tutor support.