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About Course

AAT is the perfect start if you’re looking to study a professional qualification in accounting.

Unlike some other qualifications, there are no entry requirements with AAT, and you don’t need any relevant work experience. This means AAT’s ideal if you’re leaving school or college or thinking about a change of career.

Even though there are no entry requirements, it will help if you’re good with numbers and committed to putting in the study hours.

According to Robert Half, The average salary for someone who is AAT qualified and an AAT member (MAAT) is around £24,500. This can rise to to £36,900 for Fellow Membership (FMAAT).

Processing Bookkeeping Transactions (PBKT) – CBT

  • Accounting for the purchase and disposal of fixed assets
  • Accounting accurately for depreciation
  • Dealing with issues arising from fixed asset records
  • Accounting for adjustments
  • Preparing and completing a trial balance
  • Accounting methods used to record assets, liabilities, income, expenses, and capital

Control Accounts, Journals and the Banking Systems (CJBS) – CBT

  • Completing a petty cash voucher
  • Maintaining an analyzed petty cash book
  • Maintaining a petty cash balance
  • Maintaining a three-column analyzed cash book
  • Understanding the use of the journal
  • Using the journal to correct errors disclosed and not disclosed by the trial balance
  • Creating and clearing a suspense account using the journal
  • Understanding control accounts
  • Preparing and reconciling sales and purchase ledgers and tax control accounts
  • Understanding the banking process

Basic Costing (BCST) – CBT

  • Understanding the cost recording system within an organization
  • Recognizing the component parts of a cost recording system and how it operates
  • Using the cost system to record or extract data
  • Providing information on actual and expected costs

Working Effectively in Accounting and Finance (WKAF) – CBT

  • Understanding the accounting or payroll function within an organization
  • Demonstrating a range of effective communication skills
  • Working independently or as part of a team
  • Developing skills and knowledge to meet personal and organizational needs

Computerized Accounting (CPAG) – CBP

  • Accessing, entering, and editing accounting information
  • Selecting and using tools and techniques to process business transactions
  • Producing accounting documents and summary reports to meet requirements

Accounts Preparation (ACPR) – CBT

  • Preparing accounting records from incomplete information
  • Producing accurate final accounts
  • Legislation relating to the formation of partnerships
  • Profit and loss appropriation accounts
  • Preparing a balance sheet relating to a partnership
  • Generally accepted accounting principles and concepts

Costs and Revenues (CSTR) – CBT

The Costs and Revenues paper consists of two units:

  • The Principles of Costing unit helps you understand the fundamental principles that underpin costing methodology and techniques. It shows you how costs are handled within organizations, and why different organizations treat costs in different ways.
  • Providing Cost and Revenue Information shows you how to apply the principles of costing. It teaches you the importance of cost accounting within an organization. You also learn how to recognize different approaches and make informed decisions about the most effective costing techniques

Indirect Tax (ITAX) – CBT

Indirect Tax enables you to tackle some of the most commonly occurring VAT issues in a business. Although some basic knowledge is expected, the emphasis here is on awareness and understanding, rather than recall.

Professional Ethics (PETH) – CBP

Professional Ethics in Accounting and Finance develops your understanding of your ethical duties as an accounting technician and the importance of fulfilling them.

Spreadsheet Software (SDST) – CBP/WPE

Spreadsheet Software shows you how to select and use a wide range of advanced spreadsheet software tools and techniques. These will enable you produce, present and check spreadsheets that are complex and non-routine.

Financial Statements (FSTM) – CBT

  • The regulatory framework that underpins financial reporting
  • Key features of a published set of accounts
  • Basic principles of consolidation
  • Drafting statutory financial statements and consolidated financial statements
  • Interpreting financial statements using ratio analysis

Budgeting (BDGT) – CBT

  • Principles of Budgeting
  • Drafting Budget

Financial Performance (FPFM) – CBT

  • Principles of Managing Financial Performance (Knowledge)
  • Measuring Financial Performance (Skills)

Internal Control and Accounting Systems (ISYS) – CBP/WPE

  • 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

Computerised Accounting (CPAG) – CBP

  • Accessing, entering, and editing accounting information
  • Selecting and using tools and techniques to process business transactions
  • Producing accounting documents and summary reports to meet requirements

Credit Control (CRDC) – CBT

  • Understanding how legislation impacts credit control
  • How to prepare and use information from a variety of sources to manage an organization granting of credit
  • Awareness of a range of techniques and methods of credit control

Cash Management (CSHM) – CBT

  • Managing cash balances in a business
  • Preparing and using cash budgets to ensure the ongoing liquidity of an organization
  • Making informed decisions regarding borrowing and investing surplus funds

Personal Tax (PTAX) – CBT

  • Legislation and procedures relating to personal tax
  • Current taxation principles of income from employment
  • Current principles of taxation for an individual
  • Calculating accurately the tax payable on income
  • Accounting for capital gains tax correctly
  • Preparing accurate computations
  • Completing the relevant parts of self-assessment tax returns correctly

Business Tax (BTAX) – CBT

  • Impact of legislation and legislative changes
  • Tax law and its implications for unincorporated businesses
  • Tax law and its implications for incorporated businesses
  • How to treat capital assets
  • Preparing the relevant pages of a tax return for an unincorporated business
  • Correctly completing corporation tax returns

External Auditing (EXTA) – CBT

  • Legal and professional standards required for an external auditor
  • External auditing procedures
  • Auditing techniques and which to use when planning audits
  • Audit documentation and planning
  • Undertaking an audit under supervision
  • Preparing draft reports for approval
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