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:
Teenager Nicole Bullock says Derby College has "guided her life" as it put her on the path towards a career as a mortgage broker.
Former apprentice Nicole was the first person taken on by growing Derby business Create Finance. The 18-year-old, from Chaddesden, left school with 10 good GCSEs but was adamant she did not want to go to college full-time.
Instead, she jumped at the opportunity of becoming an apprentice administrator with the Full Street-based business. She said the apprenticeship included studying Business Administration with Derby College and it "fitted me perfectly".
Nicole found the Level 2 NVQ "was relevant to what we were doing here". She said that the units were chosen to best meet the needs of her role. After passing her NVQ and completing her apprenticeship,
Nicole was taken on and then achieved promotion to become Administration Team Leader. She is now looking to take her industry CeMAP exams so she can work as a self-employed mortgage broker herself.
Riverside Chambers-based Create Finance was launched in August 2015 by Derby men Gindy Mathoon, who attended Derby Moor Community College and Karl Yeoman, who went to Allestree Woodlands, along with Pete Mugleston, (correct) who is originally from Nuneaton.
The business has grown to employ 26 people, including the three directors. Gindy said Nicole, the company's first employee, was now administration team leader and a "role model and mentor for any new or existing administration staff." He added: "Derby College sources suitable candidates who potentially have the right qualities to work for Create Finance.
The administrators are the backbone of the business and without high quality administration we can't grow as a business. We're expanding gradually, and our link with Derby College has allowed us to progress."
I'm grateful to the college – it's put me on my feet and guided my life. Without the college's help I wouldn't have my job here. It's literally put me on the path to my career.
The aim now is to work hard and make as much money as I can. You can be self-employed here as a broker. When I am a bit older, and the company and I both feel that I am ready for it, that's what I'd like to do.