This unit is the first of two Advanced level financial accounting units. It develops Foundation level skills, incorporating Advanced Bookkeeping and managing records for non-current assets, in preparation for producing final accounts for unincorporated organisations.
Our courses cover all the learning and preparation associated with ‘Ethics for Accounting’ and the Synoptic assessment. Ethics in Accounting is about professional ethics in an accounting environment.
This unit is about control accounts, journals and methods of payment. It takes students through reconciliation processes and the use of the journal to the stage of redrafting the trial balance, following initial adjustments.
This unit introduces students to the double-entry bookkeeping system and the associated documents and processes. Students will reach the stage of extracting an initial trial balance, before any adjustments are made.
This unit introduces the student to UK taxation relevant to businesses.
In learning how to prepare tax computations, students will gain skills in the tax treatment of capital expenditure, and the adjustment of accounting profits for tax purposes for sole traders, partnerships and limited companies.
Business Tax is an optional unit.
This unit covers the skills and knowledge that students need in order to be able to identify the movements of cash within the business and make informed decisions on the best course of action to maximise the wealth of the business.
This unit is about understanding and applying the principles of effective credit control in an organisation. Students will require an understanding of the principles of credit control in the context of relevant legislation, contract law, best practice, professional ethics and organisational policies.
Credit Management is an optional unit.
The purpose of this unit is to give students a basic introduction to costing, while building a sound foundation in the knowledge and skills they need for more complex costing and management accounting units such as Advanced level Management Accounting: Costing and Professional level Management Accounting: Budgeting.
|Start date||Study centre||Study method||Study time||Study content||Price|
|Flexible||AAT Distance Learning||Self Study||Flexible||Tuition||£35|
|Flexible||AAT Distance Learning||Self Study||Flexible||Online Mock||£15|
|Flexible||AAT Distance Learning||FI Online||Flexible||Tuition||£195|
|13 December 2021 11:00||London||Classroom||Weekday||Exam||£100|
|24 January 2022||AAT Distance Learning||FI Online Live||Evening||Tuition||£355|
|24 January 2022||AAT Distance Learning||FI Online Live||Weekday||Tuition||£355|
This unit is about external audits of financial statements. The unit is directed at students who wish to pursue a career in an accountancy firm that undertakes external audits. External Auditing is an optional unit.
This Advanced level unit is about preparing final accounts for sole traders and partnerships, and helping students to become aware of alternative business organisation structures.