Foundation certificate in accounting

Overview

The Foundation Certificate in Accounting (sometimes known as Level 2) is the AAT’s entry level qualification, made up of five modules in bookkeeping and finance.

Alternatively students can complete the Foundation Certificate in Bookkeeping qualification, which comprises the two bookkeeping exams, and then progress directly to the Advanced Diploma. Most students complete this level in 6 – 9 months.

Modules

  • Bookkeeping Transactions
  • Bookkeeping Controls
  • Elements Of Costing
  • Using Accounting Software
  • Foundation Synoptic

Key Facts

  • Classroom or blended learning
  • Entry level qualification
  • Takes between 6 months & 1 year to complete

Advanced diploma in accounting

Overview

The Advanced Diploma in Accounting (sometimes known as Level 3) is made up of five modules, including a synoptic preparation module. Most students complete this level in 9 – 12 months. Once the Advanced Diploma in Accounting is complete, students can move onto the Professional Diploma in Accounting.

Students should have completed the Foundation Certificate or Bookkeeping Certificate or have a relevant qualification or experience if starting at this level. Apprentices may complete this qualification as part of the Assistant Accountant apprenticeship standard.

Modules

  • Advanced Bookkeeping
  • Final Accounts Preparation
  • Indirect Tax
  • Management Accounting: Costing
  • Advanced Synoptic

Key Facts

  • Classroom or blended learning
  • Bookkeeping knowledge or experience essential
  • Takes between 9 months & 1 year to complete

Professional diploma in accounting

Overview

The Professional Diploma (sometimes known as Level 4) comprises three core modules, a synoptic assessment and two optional units from a choice of five. Once completed alongside six months relevant work experience, you will be able to apply for AAT full membership (MAAT).

Modules

  • Financial Statements of Limited Companies
  • Management Accounting: Budgeting
  • Management Accounting: Decision and Control
  • Professional Synoptic
  • Business Tax
  • Personal Tax
  • Credit Management
  • External Auditing
  • Cash and Treasury Management

Key Facts

  • Classroom or blended learning
  • Students must complete the Advanced Diploma in Accounting first
  • Takes between 1 year & 18 months to complete
  • Compulsory modules: Financial Statements, Budgeting, Management Accounting, Decision and Control & the Professional Synoptic
  • Optional modules (choose 2): Business Tax, Personal Tax, Credit Management, External Auditing, Cash and Treasury Management

Foundation certificate in bookkeeping

The Foundation Certificate in Bookkeeping is an entry level qualification made up of two bookkeeping modules. Once students have completed the Foundation Certificate in Bookkeeping, students can progress directly to the Advanced Diploma in Accounting.

This qualification takes between 2 months and 6 months to complete. Alternatively students can complete the Foundation Certificate in Accounting qualification, which comprises five modules in bookkeeping and finance.

Modules

  • Bookkeeping Transactions
  • Bookkeeping Controls

Key Facts

  • Classroom or blended learning
  • Entry level qualification
  • Fast track to Advanced Diploma in Accounting
  • Takes between 2 months & 6 months to complete

Advanced certificate in bookkeeping

Aimed at experienced bookkeepers, the Advanced Certificate in Bookkeeping qualification covers areas such as double entry bookkeeping, financial statements, intermediate spreadsheets and software use.

Modules

  • Advanced Bookkeeping
  • Final Accounts Preparation
  • Indirect Tax

Key Facts

This Certificate includes the following Advanced modules:

  • Advanced Bookkeeping
  • Final Accounts Preparation
  • Indirect Tax

ACCA Knowledge level

ACCA Knowledge level is the first level of the ACCA qualification and consists of three modules: Accountant in Business, Management Accounting and Financial Accounting. Once a student has passed these three exams, they can progress onto ACCA Skills level.

Course Modules

  • F1 Accountant in Business
  • F2 Management Accounting
  • F3 Financial Accounting

Key Facts

  • Classroom or blended learning
  • Entry level qualification
  • Progression to ACCA Skills level
  • Takes between 6 to 12 months to complete

ACCA Professional level

ACCA Professional level is the final level of the ACCA qualification. This level is open to students who have passed relevant ACCA exams or who have a relevant degree. In addition to five exams, students must complete an online Ethics and Professional Skills module and complete their Practical Experience Requirement record before they can progress to ACCA membership.

Course Modules

  • Strategic Business Reporting
  • P4 Advanced Financial Management
  • P5 Advanced Performance Management
  • P6 Advanced Taxation
  • P7 Advanced Audit and Assurance
  • Strategic Business Leader

Key Facts

  • Classroom or blended learning
  • Professional level qualification open to students who have relevant qualifications
  • Comprises two compulsory modules and two optional modules
  • Syllabus change in September 2018 to Strategic Professional level

ACCA Skills level

ACCA Skills level is the second level in the ACCA qualification and comprises six modules and exams. This level is open to students who have completed the Knowledge level or gained exemptions from the Knowledge level through relevant study, such as completing the AAT qualification.

Course Modules

  • F4 Corporate and Business Law (English)
  • F5 Performance Management
  • F6 Taxation
  • F7 Financial Reporting
  • F8 Audit and Assurance
  • F9 Financial Management

Key Facts

  • Classroom or blended learning
  • Open to students who have completed or gained exemptions from the Knowledge level, or completed the AAT qualification
  • Comprises six modules examined by computer based exams