Level 4 AAT Professional Diploma in Accounting (Distance Learning) – Unit in Drafting and Interpreting Financial Statements

Course Overview

Course Type:

Part Time

Available at:

Available at Eastleigh tagEastleigh

Course Area:

Business Finance & Travel

Course Duration:

20 Weeks

Available at:

Available at Eastleigh tagEastleigh

The Course in Detail

This unit provides students with the skills and knowledge for drafting the financial statements of single limited companies and consolidated financial statements for groups of companies. It ensures that students will have a proficient level of knowledge and understanding of international accounting standards, which will then be applied when drafting the financial statements. Students will also have a sound appreciation of the regulatory and conceptual frameworks that underpin the preparation of limited company financial statements.

On successful completion of this unit, students would be expected to draft the financial statements of single limited companies and groups of companies with little supervision. Students will also acquire the tools and techniques required to analyse and interpret financial statements of limited companies by means of ratio analysis for the purposes of assisting outside user groups in their decision making, thereby fulfilling a useful role within an accounting team.

This unit is mandatory in the Level 4 Diploma in Professional Accounting.

    About AAT: AAT is the UK’s leading professional body offering skills-based accountancy and finance qualifications. Their qualifications are practical, internationally recognised and can open doors in any industry across the world.

    Important Notice

    A place on your chosen course is not confirmed until enrolment is complete, and any relevant fees are paid. Adult course times, dates, durations and fees may be subject to change, and courses may be cancelled if minimum numbers are not met.

    Entry Requirements & Progression

    What You'll Need

    Applicants must have achieved a Level 3 accounting qualification. Candidates will be required to attend an interview with the course administrator prior to commencing on the course and demonstrate an appropriate standard of Literacy and Numeracy by way of a short assessment. All elements of the course include a significant amount of writing and literacy skills are as critical as numeracy skills. Basic IT skills will also be required.

    This Could Lead to

    Once qualified, students automatically become AAT affiliate members and, with relevant work experience, will qualify for AAT full membership, enabling use of the designatory letters MAAT after their name. However, the primary and most important outcome of this qualification is that it can lead to a wide variety of well-paid accountancy and finance jobs, some of which are professional accounting technician, assistant auditor, assistant management accountant, commercial analyst, payroll manager, senior financial officer, accounts payable and expenses supervisor, assistant financial accountant, cost accountant, fixed asset accountant, indirect tax manager, senior fund accountant, senior insolvency administrator, tax supervisor and VAT accountant. The AAT qualification can give qualified students exemptions towards part of the UKs chartered and certified accountancy qualifications.

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    Availability & Enrolment

    Course ID

    P4411-RORO-E-P6

    Location

    Eastleigh College

    Total Fees

    £511

    College Life & Student Support Services

    College is not just about your course – it’s an opportunity to have fun, meet new people and explore your interests! You can socialise with friends in the café and comfy seating areas, join a club or sports team or attend exciting events around the college. Many of our enrichment opportunities are also great on your CV or UCAS application to demonstrate your commitment and enthusiasm outside of your studies.

    Your time at college can also be affected by life or health difficulties, and it’s okay to need support. Our specialist teams are here every day to listen and give advice, whether it’s about career planning, financial support, mental health, or something else. And if you have a long-term support need or medical condition, we’ll work with you on personalised learning support to help you achieve your full potential.

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