AAT Level 4:
Accounting

The final part of your journey

If your goal is to become a full-time accountant,
the Level 4 AAT qualification is an important step
in your career. This qualification can be used as
a route to gain professional AAT Accountant
status (MAAT).

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Please see our coronavirus (COVID-19) updates page for the latest information and advice for staff and students. 

AAT Level 4: Professional Diploma in Accounting

Key Features

The Level 4 Diploma covers the following mandatory areas:

  • Drafting financial statements for all business types including limited companies
  • Management accounting- budgeting
  • Management accounting – monitoring financial performance
  • Understanding the use of internal control systems and accounting systems

Two optional units must be chosen from the following:

  • Personal tax
  • Business tax
  • Credit Management
  • External Auditing
  • Cash and Treasury Management

Who’s it suitable for?

The final level of the qualification is for people who have previously completed the Level 3 stage of the qualification or who have an Accounts related degree. On completion of the Level 4 Diploma candidates will be able to apply for full membership to the AAT. We would expect this qualification to take 9-12 months to complete for most students.

Assessment

There are six assessments in total.

Five are individual unit assessments which test a specific unit:

  • Financial Statements of Limited Companies
  • Management Accounting: Budgeting
  • Management Accounting: Decision and Control
  • Plus 2 optional papers

One is a synoptic assessment which is sat after the unit assessments, and covers a mixture of the mandatory units:

  • Financial Statements of Limited Companies
  • Management Accounting: Budgeting
  • Management Accounting: Decision and Control
  • Accounting Systems and Internal Controls

Grow your career

Receive formal recognition for the skills you are using day to day to move up the ladder at work.

You’ll be better off

Study AAT rather than going to University, obtain your qualifications quicker, don’t end up with loads of debt.

Start your career

Gain highly transferable skills in bookkeeping, accounting and taxation, with an AAT qualification.

Increase your salary

Average basic salaries of AAT members increase as they progress through their different stages of membership.

Why McArthurMorgan?

QUALITY
MATERIALS

All course delegates receive a set of course notes, study manuals, question banks and a multitude of course mock exams

TOP
TUTORS

All staff are qualified accountants. Tutor support is offered across all subjects with no self-study necessary

FLEXIBLE
PAYMENT PLANS

One-off payments or installments throughout the course with a deposit

DEDICATED
AAT COLLEGE

We only deliver the AAT (unlike other colleges) making us experts in both delivery and customer care in our qualification

Brandon Yeadon

“The skills and training I received from their tutors meant that I passed my exams with little stress and amazing results.”

Bianca Moisa

“Thanks to McArthurMorgan I have my own Accountancy Practice. We are growing since 2014, it is a challenge but I love it every day.”

AAT Level 4: Professional Diploma in Accounting – Course Details

  • Understanding the regulatory framework underpinning financial reporting
  • Understanding key features of published financial statements
  • Drafting a limited company’s statutory financial statements
  • Drafting consolidated financial statements
  • Interpreting financial statements using ratio analysis
  • Preparing budgets and income and expenditure forecasts
  • Assessing budgetary impact of internal and external factors
  • Using budgetary control to improve organisational performance
  • Collating and analysing cost information from various sources
  • Measuring performance and managing costs appropriately
  • Making suggestions for improving financial performance by monitoring and analysing information
  • Preparing performance reports for management
  • Understanding the importance and use of internal control systems
  • Evaluating the accounting system and identifying areas for improvement
  • Conducting ethical and sustainability evaluations of accounting systems
  • Making recommendations to improve the accounting system

AAT Level 4: Professional Diploma in Accounting – Optional Units

  • Calculating income from all sources and identifying taxable and non-taxable items
  • Applying current legislation to calculate tax payable on income for employees, shareholders and buy to let investors
  • Accounting for capital gains tax according to current legislation
  • Accounting for inheritance tax according to current legislation
  • Completing corporation tax returns and supporting computations for incorporated businesses
  • Understanding impact of legislation and legislative changes
  • Understanding tax law and its implications for incorporated/unincorporated business
  • Understanding capital assets
  • Understanding relevant legislation and impact on credit management.
  • Using information from a various sources to grant customers’ credit within organisational guidelines
  • Using a range of techniques for debt collection
  • Monitoring and controlling credit supply
  • Planning an audit identifying areas for verification and associated risks
  • Conducting a supervised audit
  • Preparing draft reports for approval
  • Understanding auditing principles and legal and professional standards required for an external auditor
  • Using statistical techniques and financial information to prepare income and expenditure forecasts.
  • Preparing cash to monitor an organisation’s cash flow
  • Managing cash balances effectively
  • Investing surplus funds, observing organisational policies

AAT Level 4: Professional Diploma in Accounting – Classroom Fees & Timetable

Standard Course

Monday or Thursday – Daytime

10:30 – 16:30

Start Date

26th March 2020

End Date

Summer 2021

£2,475

Total Course Price

Deposit

£275

Monthly Instalments

18 x £122.50

Monday or Thursday – Evening

18:00 – 21:00

Start Date

26th March 2020

End Date

Summer 2021

£2,475

Total Course Price

Deposit

£275

Monthly Instalments

18 x £122.50

Need a more flexible start date? or you've missed the start date of the course you're interested in taking?

Don't worry - get in contact with us and see if we can get you onto the course anyway. We know that life happens and it means we need to be flexible. We can help students get their preferred course and catch up - maybe even helping with extra tutor sessions. Get in touch.

Fast-Track Course

Monday or Thursday – Daytime

10:30 – 16:30

Start Date

26th March 2020

End Date

Spring 2021

£2,475

Total Course Price

Deposit

£275

Monthly Instalment

12 x £183.50

Monday or Thursday – Evening

18:00 – 21:00

Start Date

26th March 2020

End Date

Spring 2021

£2,475

Total Course Price

Deposit

£275

Monthly Instalment

12 x £183.50

Need a more flexible start date? or you've missed the start date of the course you're interested in taking?

Don't worry - get in contact with us and see if we can get you onto the course anyway. We know that life happens and it means we need to be flexible. We can help students get their preferred course and catch up - maybe even helping with extra tutor sessions. Get in touch.

Request Course Information

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To book a course, please contact us on

07961 015929

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