AAT – Diploma in Professional Accounting Bundle 3

The AAT bundle includes – Mandatory Units: Applied Management Accounting, Drafting and Interpreting Financial Statements, Internal Accounting Systems and, Controls as well as Optional Units (choose two): Business Tax, Personal Tax, Audit and Assurance, Cash and Financial Management and, Credit and Debt Management
The Diploma in Professional Accounting encompasses advanced accounting and finance topics, preparing students with high-level skills and knowledge. This programme enables you to develop expertise in various financial management areas, including drafting financial statements for limited companies, recommending accounting system strategies, and constructing and presenting complex management accounting reports. Additionally, you will gain proficiency in specialist areas such as tax, auditing, credit and debit management, and cash and financial management. Key themes, including technology, ethics, sustainability, and communication, are integrated throughout the suite of accounting qualifications.

The programme consists of three mandatory courses and two optional courses, selected from a choice of five courses, totalling 390 guided learning hours.

Mandatory Courses:
  • Applied Management Accounting
  • Drafting and Interpreting Financial Statements
  • Internal Accounting Systems and Controls
Optional Courses (Choose Two) | Clickable Titles: This comprehensive program ensures that you are well-prepared to handle complex accounting and financial tasks, equipping them with the skills necessary for professional success in the field of accounting.

Topics Covered

Mandatory Courses:

Applied Management Accounting
  • The budgetary process
  • Budgetary responsibilities and accountabilities
  • Types of budgets and recommendations for their use
  • Impact of internal and external factors on forecasts
  • Uncertainty in the budget setting process
  • Budget revision to reflect changing circumstances
  • Budgetary control
  • Standard costing
  • Activity based costing
  • Target costing
  • Life cycle costing
  • Technology and its impact on operational control
  • Comparison of short- and long-term decisions
  • Relevant costing
  • Key factor analysis
  • Linear programming
  • Discount cash flows
  • Appraisal methods for long-term decisions
  • Financial performance indicators
  • Non-financial performance indicators
  • Divisional performance
  • Calculate forecasts
Drafting and Interpreting Financial Statements
  • The regulatory framework that underpins financial reporting
  • The International Accounting Standards Board (IASB) Conceptual Framework
  • The effect of international accounting standards on the preparation of financial statements
  • Draft statements of profit or loss and other comprehensive income
  • Draft statements of financial position
  • Draft statements of changes in equity
  • Draft statements of cash flow
  • Draft consolidated statements of profit or loss for a parent company with one partly owned subsidiary
  • Draft consolidated statements of financial position for a parent company with one partly owned subsidiary
  • Calculate ratios relating to profitability, liquidity, efficient use of resources and financial position
  • Interpret and analyse ratios
  • Present ratio analysis
Internal Accounting Systems and Controls
  • The accounting function
  • Financial information used by stakeholders
  • Changes to management information
  • Internal controls
  • Prevent and detect fraud and systemic weaknesses
  • An organisation’s accounting system and its effectiveness
  • Risk of fraud
  • Operating practice
  • Reporting information using technology
  • Using technology within the accounting system
  • Changes to the accounting system
  • Cost and benefit of changes to the accounting system
  • The effects of changes on users of the system

Learning Outcomes

On successful completion of this subject, you should be able to:

  • On successful completion of this subject, you should be able to:
  • Understand and implement the organisational planning process
  • Use internal processes to enhance operational control
  • Use techniques to aid short-term and long-term decision making
  • Analyse and report on business performance
  • Understand the reporting frameworks that underpin financial reporting
  • Draft statutory financial statements for limited companies
  • Draft consolidated financial statements
  • Interpret financial statements using ratio analysis
  • Understand the role and responsibilities of the accounting function within an organisation
  • Evaluate internal control systems
  • Evaluate an organisation’s accounting system and underpinning procedures
  • Understand the impact of technology on accounting systems
  • Recommend improvements to an organisation’s accounting system

Target Audience

The AAT qualification is ideal for people who want a career in finance and business.

Exam Details

  • Format: Computer-based assessment
  • Availability: On Demand
  • Pass: A score of 70%
  • Length: 2 hours per course
  • Please Note: Official Exam is not provided; it should be purchased separately.

What’s Included

  • Study planner and guidance
  • Access to AccountingWise Learn
  • Comprehensive pre-recorded lectures
  • Extensive question practice (including mock exams and feedback)
  • Tutor support via phone or email

Registration and Access

Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.

If you wish to receive an invoice instead of paying online, please contact us at info@eimf.eu. Access to the course is valid for 6 months.

Course Access Duration

Enjoy 6 months of unlimited access to all course materials, including videos, assignments, and resources. This period is designed to provide ample time for you to fully engage with and complete the course at your own pace.

Extension Options

Need more time? Extend your access with:

  • 3-Month Extension: €50 + VAT
  • 6-Month Extension: €90 + VAT

To arrange an extension, contact us at info@eimf.eu. Our support team is here to help.

Certification

Upon the successful completion of the Diploma in Professional Accounting Level you can proceed to apply for your full AAT membership.

1,750.00

Mandatory Courses
Optional Courses (Choose Two): After your purchase, please email us to specify which two courses you would like. - Business Tax - Personal Tax - Audit and Assurance - Cash and Financial Management - Credit and Debt Management

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