AAT Level 4 Diploma In Professional Accounting (Q2022) - ELearning

KEY COURSE DETAILS

• Course code: 60547
• Study method: online study
• Course length: 14 months
• Study per week: 8 hours

COURSE FEE*^:

• £2,573 – Self-funding and Advanced Learner Loan
• (* Exams and AAT Membership included)
• (^ Fees are subject to change)

AIMS OF THE COURSE

The Level 4 Diploma in Professional Accounting offers technical training in accounting and is ideal for anyone wishing to pursue a career in accountancy or finance.

The purpose of the Level 4 Diploma in Professional Accounting is to enhance the skills developed from the Level 3 Diploma in Accounting, enabling students to maximise opportunities in their current or new employment.

By studying for this qualification, students will acquire professional accountancy and finance skills that will be useful throughout their careers, including:

• drafting financial statements for limited companies
• having the knowledge and skills to use complex management accounting techniques
• the ability to analyse accounting systems and their associated controls
• having knowledge and skills in specialist accountancy and finance subjects.

The Level 4 Diploma in Professional Accounting qualification will suit those who:

• have completed the Level 3 Diploma in Accounting and who would like to continue to build their accounting skills
• are already working in finance and would like a formal recognition of their skills
• would like to go on to become an AAT full member and/or study for chartered accountant status
• would like to start their own business through the AAT licensed members scheme.

SYLLABUS

The Level 4 Diploma in Professional Accounting covers high-level accounting and finance topics and tasks. Students will look at and become comfortable with a wide range of financial management skills and applications, and will gain competencies in drafting financial statements for limited companies, recommending accounting systems strategies and constructing and presenting complex management accounting reports. Students will also learn about specialist areas such as tax, auditing, credit and debit management and cash and financial management. Key themes have also been introduced throughout the suite of accounting qualifications, including technology, ethics, sustainability and communication.

This qualification comprises three mandatory units and two specialist units selected from a choice of five options (390 guided learning hours in total).

The mandatory units are:

• Applied Management Accounting
• Drafting and Interpreting Financial Statements
• Internal Accounting Systems and Controls

The optional units are:

• Business Tax
• Personal Tax
• Audit and Assurance
• Cash and Financial Management
• Credit and Debt Management.

DELIVERY STYLE

This online course differs to a classroom course, as you will not be taught. Instead, you will study independently, and your progress will be monitored by the support tutor and admin team. The support tutor is available to contact if you have any questions or wish to have some additional tuition.

The learning materials and all unit assessments for this course is through an online platform (VLE). You will be required to complete 100% of the unit assessment questions by a set deadline and then revise and sit an AAT assessment (exam) at an approved AAT exam centre. This is the format for each unit of study.

Students must successfully achieve the 3 mandatory unit assessments and 2 optional unit assessments to achieve this qualification. The proportion of this qualification assessed by externally marked assessment is 100%. All assessments in this qualification:

• are set and marked by AAT
• are computer based
• are time-limited
• are scheduled by training providers or assessment venues
• take place at approved training providers and assessment venues under controlled conditions.
• Unit assessments are available to be scheduled on demand throughout the year, except during periods set and communicated by AAT

The 3 mandatory units and 2 optional units are assessed individually through computer-based end-of-unit assessments.

AAT Level 4 Diploma in Professional Accounting

The accountancy skills developed through this qualification will enable a student to seek employment with confidence.

Once qualified, and having met AAT’s criteria, students can apply for full AAT membership, which will allow them to use the designatory letters MAAT after their name.

However, the primary and most important outcome of the Level 4 Diploma in Professional Accounting is that it can lead to a wide variety of well-paid accountancy and finance jobs, some of which include:

• Professional Accounting Technician
• Assistant Auditor
• Assistant Management Accountant
• Commercial Analyst
• Payroll Manager
• Senior Bookkeeper
• Senior Financial Officer
• Accounts Payable and Expenses Supervisor
• Assistant Financial Accountant
• Cost Accountant
• Fixed Asset Accountant
• Indirect Tax Manager
• Payments and Billing Manager
• Senior Fund Accountant
• Senior Insolvency Administrator
• Tax Supervisor
• VAT Accountant

FUNDING OPTIONS:

SELF-FUNDING

Staged Payments – for courses of over 12 weeks and £200, students can pay in 4 instalments of, the first taken as a deposit on enrolment (via BACS or Debit/Credit Card) and then 3 further instalments taken via Direct Debit.

LOAN FUNDED (ADVANCED LEARNER LOAN)

This course is Advanced Learner Loan funded providing you meet the below eligibility criteria:

• 19+ years old
• be living in the UK on the first day of your course
• be a UK national or Irish citizen or have ‘settled status’ (no restrictions on how long you can stay)
• have been living in the UK, British overseas territories, the Channel Islands or the Isle of Man for - 3 years in a row before the first day of the first academic year of your course (apart from temporary absences such as holidays)
• Full eligibility criteria can be viewed by visiting: https://www.gov.uk/advanced-learner-loan/eligibility

This Government loan will be paid directly to the college, and is linked to your attendance.

You will start to repay your loan when you start to earn over £25,000 per annum (correct at time of posting).

For more information about Advanced Learner Loans visit: www.gov.uk/advanced-learner-loan.

TERMS AND CONDITIONS

Cooling-off period

East Sussex College offer a 14-day cooling-off period for this course. This period allows you to evaluate the course and online study method, while also giving the college a chance to assess your suitability, in particular whether you can produce work to meet the academic standards.

Your cooling-off period commences from day one, inclusive of both weekdays and weekends, spanning a total of 14 days. Should the 14th day occur over a weekend, any notification of withdrawal received via email on or before this date will be honoured within the non-liability timeframe.

If you take out an Advanced Learner Loan to cover your fees, then this will be activated 14 days from the course start date stated in your learning and funding letter.

If you wish to withdraw, you must cancel your enrolment by notifying the Administration Team in writing (by e-mail) prior to day 14 and you will owe nothing. After 14 days, you will owe the full course fee plus an administration charge, in line with the ESCG Tuition Fee Policy

ENTRY REQUIREMENTS

Essential:

• Access to a device (laptop/PC/tablet) the minimum recommended study time per week (study via a mobile device isn’t advised)
• Internet access
• Demonstrate good standard of English and math – (GCSE/Functional Skills Certificates or complete an Initial Assessment)
• Completion of AAT Skills Check https://www.aat.org.uk/qualifications-and-courses/skillcheck *Please save your results as they will be required to support your application.
• Completion of the Level 3 Diploma in Accounting/Level 3 Advanced Diploma in Accounting

Recommended:

• Prior attainment of other business or finance studies would also be beneficial.
• Currently or formerly working in a financial environment