AAT Level 4 Diploma in Accounting

Financial Statements (compulsory unit):

• The regulatory framework that underpins financial reporting
• Draft financial statements for limited companies
• Draft simple consolidated financial statements
• International accounting standards
• Analyse & interpret financial statements

Budgeting (compulsory unit):

• Principles of budgeting
• Prepare budgets for manufacturing & other organisations
• Prepare budgetary control reports for management
• Analyse, evaluate & communicate budgetary information

Financial Performance (compulsory unit):

• Principles of financial performance
• Use standard costing & prepare variance analysis calculations
• Develop,select & calculate performance indicators
• Analyse,evaluate & communicate performance information

Internal Control & Accounting Systems (Project) (compulsory unit):

• Understand the role of accounting and internal control systems
• Identify & use accounting systems to meet business requirements
• Evaluate accounting systems & identify areas for improvement
• Make recommendations to improve the accounting system

Personal Tax (optional unit):

• Understand the basics of personal tax: legislation & principles
• Calculate income from all sources
• Calculate tax payable on income
• Calculate capital gains tax liability
• Complete relevant parts of self assessment tax returns

Credit Control (optional unit):

• Understand the basics of credit management: legislation,
• information & techniques
• Granting credit to customers
• Manage the supply of credit

College Fees

• Under 19s: College and exam fees may be free, but you will have to pay AAT registration,annual membership and book fees (see below)
• Ages 19 -23: £1,050 (plus extra costs below)
• Ages 24 and over: £1,765- you may obtain a student loan to pay your fees {plus extra costs below)

Extra Costs

• The AAT charge student members £41 as an initial joining fee,plus an annual fee of £88 (2015/16 figures). This is payable directly to the AAT.
• The assessments cost £42 each (£252 for all 6). Text books estimated cost £94 for the year.
• Text books estimated cost £94 for the year.