AAT Unit Tax Processes for Businesses Level 3

In a nutshell

The AAT Level 3 Diploma in Accounting offers technical training for a career in accountancy or finance. The Tax Processes for Businesses unit covers VAT returns, compliance with VAT and payroll laws, and understanding legislation. This is a blended learning course with flexible start dates.

This course is for...

… You have completed the AAT Level 2 Foundation Certificate in Accounting

… You want to further your skills and knowledge in the accountancy field

… You want to work in an accountancy setting

Course content

You will enhance the skills you developed from Level 2 Certificate in Accounting and acquire a range of essential and complex accounting skills, including maintaining cost accounting records and the preparation of reports and returns.

The AAT Level 3 Accounting comprises four mandatory units:

• Business Awareness – You will learn about different business types, structures, governance, and the legal frame work they operate in and the impact of the micro and macroeconomic environment
• Financial Accounting: Preparing Financial Statements* - You will learn how to apply the principles of advanced double-entry bookkeeping, acquisition and disposals of non-current assets. You’ll prepare depreciation calculations, period-end adjustments and produce an extended trial balance.
• Management Accounting Techniques – You will understand the purpose and use of management accounting and learn the costing and spreadsheet techniques required for organisations and the principles behind cash management.
• Tax Processes for Business* - You will examine and apply VAT legislation requirements, calculate VAT, review and verify making tax digital (MTD) VAT Returns, understand principles of payroll, and study the implications of errors, late filing and payment, and how to report VAT related information.

By applying here you are purchasing Tax Processes for Business module.

To gain the Level 3 Accounting qualification you need to complete all four of the above modules, you can purchase each module separately.

*To gain the Level 3 Bookkeeping qualification you need to complete the two modules with a *, you can purchase each module separately.

Entry Requirements

• Level 2 Certificate in Accounting

or

• Interview with the tutor if above is missing

Additional information

The evening course will be timetabled as follows:

The Tuesday evening course will be face to face on campus on a Tuesday from 5pm until 9pm. You will be required to complete the rest of the course each week online in your own time on the Kaplan online platform as directed by your tutor.

Course materials for the evening course will need to be paid for this course are £50 per module, £200 in total for the full qualification.

The day course will be timetabled as follows:

The Monday day course will all be face to face on campus on a Monday 9am until 16.45

Course materials will also be between £150 and £200 dependant on the materials you choose.

On successful completion of Level 3 Accounting you can go onto AAT Level 4 Diploma in Accounting which you can do full-time or part-time at Coleg Gwent. On completion you can undertake a role in finance.

Other costs:

Books £30 per module approximately

AAT Registration (payable to AAT) £240