In this qualification you will cover higher accounting tasks including drafting financial statements, managing budgets and evaluating financial performance, as well as optional specialist units including business tax, personal tax, external auditing and credit management, and cash and treasury management.
Achieve professional AAT full membership
If you successfully complete this qualification and fulfil work experience requirements, you can apply for AAT full membership and achieve professional MAAT status.
AAT does not set any prerequisites for the study of this qualification. However, for the best chance of success, we recommend that students begin their studies with a good standard of English and maths. Professional accountants work at the very heart of a business and are expected to be able to communicate information clearly and appropriately to a given audience. Ideally, students should also have completed the AAT Foundation and Advanced Level qualifications.
This qualification comprises four mandatory units and two specialist units selected from a choice of five options.
The mandatory units are:
All assessments in this qualification:
As part of your AAT course, you will need to purchase resource/text books to aid your revision. There may also be the additional cost of registration/subscription fees and exams (which can be discussed at interview).
AAT Membership = £147
Books = £128 (This cost is the total cost for 7 x tutorials and workbooks for each unit)
Assessments = £420 (Total cost for 6 x assessments)
AAT Membership and cost for first exams is included.
Once qualified, students automatically become AAT affiliate members and, with relevant work experience, will qualify for full AAT membership, which will allow them to use the designatory letters MAAT after their name.
The AAT Professional Diploma in Accountancy can give qualified students exemptions towards all or parts of the UK’s chartered and certified accountancy qualifications. The following chartered bodies offer exemptions to AAT students:
Guidance from her college lecturers helped DCG student Ashley Grell stay motivated while she worked towards her level 3 BTEC National Extended Diploma in Business.
Ashley, now aged 21, came to the East Midlands in 2017 from the Caribbean island of St Maarten where she had been studying business. Keen to further her qualifications and go onto university, she enrolled at the Roundhouse after Derby College was recommended to her by a friend.
Now on a BA Hons Business Entrepreneurship and Innovation degree course at De Montfort University in Leicester, Ashley plans to establish a hotel venture here in Britain and in her home country.
She said: “I liked the social life and the campus facilities at the Roundhouse but the best thing about my college course was the quality of the teaching. I had not had that level of support from teachers back home and I hadn’t expected to get so much guidance on my BTEC course.
“At Derby College we had regular one-to-ones with our lecturers. They were always there to help us and see if we were ok. I think it really helps you stay motivated when teachers guide you in your learning. Derby College teachers are equipped with the skills and acumen needed to teach other students, and the College should definitely be recommended more.”
Ashley did well on her BTEC course, receiving a Student of the Month Award in December 2019 and leaving college with three D*s.
She is now considering taking a master’s degree after she’s graduated, but her ultimate goal is to set up a hotel business.
Ashley added: "I came up with the idea because the hotels in my home country are much more luxurious than here in Britain, with their own pools etc. I’d like to bring my experience of living there and the hotels I’m used to in St Maarten to the UK hotel market. I’ve always been entrepreneurial – I also currently have my own skincare business.”
At Derby College we had regular one-to-ones with our lecturers. They were always there to help us and see if we were ok. I think it really
helps you stay motivated when teachers guide you in your learning. Derby College teachers are equipped with the skills and acumen needed to teach other students, and the College should definitely be recommended more.