ABOUT
The AAT Certificate in Bookkeeping offers progression for those who already have bookkeeping knowledge at the foundation level, either to gain employment in a bookkeeping role or to further their career.
This qualification is suitable for those who have completed the AAT Foundation Certificate in Bookkeeping or who already work in a bookkeeping role.
On completion of this qualification, you will have an understanding of advanced bookkeeping principles and concepts, preparation of financial statements for sole traders and partnerships, and the issues around indirect tax (VAT in the UK) in business. This is a 2-day-release programme and is suitable for 19+ learners.
WHAT WILL I STUDY?
The Level 3 Certificate in Bookkeeping consists of two main units:
Financial Accounting: Preparing Financial Statements (FAPS)
You'll learn how to apply the principles of advanced double-entry bookkeeping and how to prepare period-end adjustments, have incomplete information, and how to extend the trial balance. You will also learn how to manage non-current assets, from acquisition to disposal of them, and how to prepare Sole Traders and Partnerships financial accounts.
Tax Processes for Businesses (TPFB)
You'll learn how to calculate VAT, review and verify Making Tax Digital (MTD) VAT returns, and apply VAT legislation requirements. You will also learn how to report VAT-related information and study the implications of errors, late filing, and payments.
ENTRY REQUIREMENTS
You must
- Be aged 19+
- Have achieved a Level 2 Certificate in Bookkeeping Qualification
- Have passed Level 2 Certificate in accounting/Bookkeeping with a minimum MERIT grade
- Have achieved an equivalent qualification of the above
- Have achieved English and Maths GCSE at grades 4 and above or the equivalent Functional Skills Level 2 in both English and Maths. Functional Skills English must include both reading and writing at Level 2
All applicants must have an initial assessment and interview to confirm that the course is suitable for them.
COURSEWORK REQUIREMENTS
- Financial Accounting: Preparing Financial Statements - 2.5 hours computer-based exam
- Tax Processes for Businesses - 90 minutes computer-based exam
FEES
Adults - Level 3
This course may be free if you meet certain conditions:
- If you are not working or have a low income. You need to show proof of your income or benefits.
- If you are aged 19-23 and you do not have a full Level 3 qualification (a full L3 is the equivalent of two A-levels at A* - E grade). You need to show us proof of any qualifications you already have.
- Residency rules apply. You need to show you have permission to live, work and study in the UK without conditions if you live in London, or 3 years if you live outside London.
- There are some exceptions, such as certain visa types.
Check here which documents you need to show us, and which visa types are allowed.
If you do not meet the residency rules, you can still enrol on the course but you may have to pay some fees. All applicants are fee-assessed during enrolment.
If you are not eligible for a free or reduced-cost course, you need to pay the full fee yourself, or apply for an Advanced Learner Loan.
If you have to pay for your course, and decide to apply for an Advanced Learner Loan (ALL), the residency rules are different: https://www.gov.uk/advanced-learner-loan.
Some courses have additional costs, such as for specialist materials and trips.
Many of our students are eligible for financial support. See here for details.
Students will be required to pay a one-off registration fee of £96 to the Awarding body. This one-off fee provides lifetime access to the qualification, typically for four to five years. Students will be required to purchase textbooks for the two units of study. Textbooks can be purchased from a number of publishers, and information will be provided on enrolment.
PROGRESSION
On successful completion of AAT Level 3 Certificate in Bookkeeping, learners can progress on to the following:
- Level 3 Certificate in Accounting
Once you achieve the AAT Level 3 Certificate in Bookkeeping you should aim to apply for Accounts Clerk, Account Manager, or Bookkeeper roles.
WHERE STUDENTS PROGRESS TO AFTER THIS COURSE
0%
of people went into Education, not Higher Education, after completing the course
0%
of people went into Employment after completing the course