AAT Level 3 Diploma in Accounting

Is the AAT Level 3 Advanced Diploma in Accounting course suitable for me?

As the AAT Accounting Level 3 is an advanced accreditation, we recommend you enrol on it once you have gained some experience working in accounting or hold a Level 2 qualification in accounting or bookkeeping, and are looking to gain the advanced qualification.

We also recommend that you:

•    Are at least 16 years old (or have the consent of a parent or guardian)
•    Have a solid understanding of the English language
•    Are comfortable with basic mathematics
•    Have access to a PC or Laptop (This course is both Mac and Windows compatible).

This certification is delivered on our eLearning platform, and we also include textbooks within the price.

What jobs can I apply for after my AAT Advanced Diploma in Accounting training? 

The AAT Level 3 Diploma in Accounting delivers an intermediate level of technical training in accountancy, with the main goal being to equip you with relevant skills and specialist knowledge to gain employment in accounting.

Upon completion of this course, you can apply for AATQB/Bookkeeper status, to become a licensed Bookkeeper, but you can also apply for roles as part of an accounts team, where you can prepare accounts and more!

Typical job titles and salaries at this level are:  

•    Accounts Payable Clerk - £24,000
•    Accounts / Finance Assistant - £24,500
•    Bookkeeper - £28,500
•    Payroll Supervisor - £32,500   

(Source: Payscale)

Additional pathways include progressing onto our AAT Professional Diploma in Accounting (Level 4), a promotion in your current accounting job, starting your own business, or a new senior accounting job. 

AAT Salaries

Salaries for AAT certified professionals in the UK has risen this year. The average salary by job level has been outlined below: 

•    Administrator - £20,000
•    Accounts/Finance Assistant - £21,000
•    Accounts/Finance Officer - £27,000
•    Team Leader/Supervisor - £28,000
•    Junior Manager - £31,000
•    Middle Manager - £36,000
•    Director/Senior Manager - £46,000

AAT Qualified Bookkeeper

AAT Qualified Bookkeeper (AATQB) status will give recognition to your commitment to become a qualified Bookkeeper. Upon successful completion of the Advanced Diploma in Accounting, you will be able to start applying for AATQB status which confirms your skills and allows you to work towards being able to submit the final accounts for yours or other businesses.

When you have earned your AAT Level 3 qualification, you can become self-employed and offer 5 services including Bookkeeping, Financial Accounts, VAT, Computerised Accountancy Systems, and Payroll.

Designatory Letters

AATQB (gained with AAT Level 3) - An AAT Bookkeeping member is a qualified Bookkeeper, earning AATQB status. Delegates who have earned their AATQB status can use the designatory letters AATQB after their name, and they can apply to run their own practice as an AAT Licensed Bookkeeper. These designatory letters show you have gained the skills, experience, and knowledge that employers are looking for, which can result in an increase in your earning potential.

General Accounting Responsibilities & Salary

At this level, you will be comfortable working on more technical accounting tasks and be involved in more senior duties, such as:

•    Auditing
•    Financial statement preparation
•    Management accounting
•    Business tax processes

Salaries vary by industry, sector, and role; however, industry averages range between £23,000 and £30,000 a year, at this level.

AAT Level 3 Diploma in Accounting Syllabus

Building on the skills and techniques you developed throughout Level 2, the AAT Level 3 Certificate in Accounting will enable you to understand and perform more complex accounting processes, such as advanced double-entry bookkeeping, implementing procedures for acquisition and disposal of non-current assets, preparing, and recording depreciation calculations, and more!

The 4 modules that you’ll cover throughout this course, are:

•    Unit 1 - Business Awareness
•    Unit 2 – Financial Accounting: Preparing Financial Statements
•    Unit 3 - Management Accounting Techniques
•    Unit 4 – Tax Processes for Businesses

Average course completion time – 12-15 months

These modules will teach you how to make provisions for doubtful and irrecoverable debts, help you understand the importance of ethics in the working environment and show you how to reconcile ledgers with the cash book. You’ll also learn how to analyse variances and use spreadsheets to manage and record information in the accounting environment.

Live Online Classes - Your tutor will offer live sessions online to discuss topics in more detail, giving you the opportunity to ask questions in real time and receive answers instantly, solidifying your study experience.

Revision Classes & Exam Prep Sessions – To help students have the best chances of passing their exams, we have developed a series of regular exam preparation sessions. In these sessions, your Tutor will take you through specific topics throughout the modules, in an online classroom session, and run revisions sessions to cover entire mock exams and explain the answers.

AAT Level 3 Diploma in Accounting Exam Details

Your personal AAT Tutor will run your live online classes so that you get the benefits of learning in a college class without leaving your home. Live online classes cover revision sessions and practice papers on the units you need to pass your exams such as Business Awareness, Management Accounting Techniques and Audit and Assurance.

There are 4 computer-based exams in total, which will need to be taken at your local AAT test centre.

Exams

•    Business Awareness
•    Financial Accounting: Preparing Financial Statements
•    Management Accounting Techniques
•    Tax Processes for Businesses

The exam format includes multiple-choice questions, selecting answers from a drop-down menu and typing numbers and text into form fields.

When you are ready to sit your exams, you will be required to sit your exam at a suitable AAT approved assessment venue. We can help find the closest one to you. Exam fees vary from centre to centre.

Exam fees are not included in the course cost. 

Pass Rates

We are proud to be achieving some of the highest pass marks throughout the UK, which is in part due to our outstanding Tutors, eLearning platform, and bespoke support.

The national average pass rate for AAT Level 3 is 75.0%. Our pass rate is 87.6%.