AAT Advanced Diploma in Accounting | Level 3

Advanced Diploma in Accounting (Level 3)

Continue to develop your skills with an in-depth look at advanced accounting disciplines including financial processes, advanced bookkeeping, final accounts and ethical practices for accountants. Also, continue to build your knowledge around all core areas of accounting, working towards the mastery of key topics and applications.

To pass this level you’ll need to study five units (also known as subjects), which are all mandatory. Four of the units are examined individually and there is also a synoptic assessment that you’ll take towards the end of the level, which incorporates the final two units as well as drawing on all of the other units you’ve studied at this level.

Assessed through both unit and synoptic assessment:

Advanced Bookkeeping (AVBK)

You will learn how to apply the principles of advanced double entry bookkeeping. You will prepare
depreciation calculations, period-end adjustments and learn how to extend the trial balance.

Final Accounts Preparation (FAPR)

You will learn how to prepare final accounts for sole traders and partnerships, identify alternative
organisation structures, and examine the regulations governing company accounts.

Management Accounting: Costing (MMAC)

You will develop the knowledge and skills to understand the role of cost and management accounting
in an organisation and understand how organisations use this information to make management
decisions.

Advanced Synoptic Assessment (AVSY)

You will study the relevance of ethics in accountancy and learn about unethical behaviour or illegal acts
in your accounting role. You will also learn the relevant spreadsheet skills and techniques which
Accounting Technicians will use daily by incorporating the knowledge you have learnt from AVBK,
FAPR and MMAC.

Assessed only through synoptic assessment:

Professional Ethics (PETH)

This course will provide you with an understanding of the need to act ethically, the relevance to the
accountant's work of the ethical code for professional accountants, how to act ethically in an accounting
role and how to identify actions to take in relation to unethical behaviour or illegal acts.

Spreadsheets for Accountants (SPSH)

This unit will allow you to design and structure appropriate spreadsheets to meet customer needs, use
spreadsheet software to record, format and organise data, use relevant tools to manipulate and analyse
data, and use tools and techniques to prepare and report accounting information.

Course assessment only (not tested within the synoptic assessment):

Indirect Tax (IDRX)

You'll examine and apply VAT legislation requirements, complete VAT returns, study the implications of errors, filing and payment and finally how to report VAT related information.