Accounting (Level 3)

Level 2

• Bookkeeping transactions: understanding financial transactions within a bookkeeping system
• Bookkeeping controls: understanding controls in a bookkeeping system
• Elements of costing: understanding an organisations cost recording system
• Work effectively in finance: understanding an organisations finance function
• Using accounting software: using SAGE to record financial transactions
• Foundation Certificate Synoptic assessment

Level 3

• Advanced bookkeeping: understanding and applying accepted principles of accounting and double-entry bookkeeping
• Final accounts preparation: understanding the processes involved in preparing final accounts
• Management accounting
• Costing: understanding an organisations costing systems
• Indirect tax: VAT, the impact and regulations
• Ethics for accounting: the ethical principles of accounting
• Spreadsheets for Accountants: H and V look ups, Pivot tables, IF formulas, formatting and creating charts and graphs
• Advanced Diploma Synoptic assessment

All AAT assessments are practical computer based assessments, which can be sat throughout the academic year, assessments will be either:

• Computer marked meaning you will get a result decision straight away
• Partial computer marked and partially human marked you'll get your results within 6 weeks
• Human marked you'll get your results within 6 weeks

You will also undertake a synoptic assessment at each level; this will draw on and test your understanding of connections between different topics covered across the qualification. Candidates will require good literacy and numeracy skills.