AAT Certificate : Accounting (NQF level 5)


Who should attend

Training is flexible and open to everyone.

AAT enables you to choose how, when and where you study.

You may be heading for your first job in accounting and finance, seeking a change of career, or already work in the industry.

Programme Description

The purpose of this qualification is to provide the learner with the skills, competence, knowledge and understanding to become an accounting technician.

The AAT suite of qualifications comprises 3 levels i.e. Level 3, 4 and 5. The course provider undertakes an initial assessment to determine at which stage of the qualification the learner should start. This involves examining their previous learning and current skills in accounting.

Those with some accounting experience may start at the level 4 qualification. Rarely, someone very experienced in accounting might start at the final level: 5. The AAT provides an online tool to help providers assess the right starting point for each learner.

The final level, higher level covers accounting tasks, including drafting financial statements, managing budgets and evaluating financial performance. You’ll also have the opportunity to specialise in areas from tax to auditing and credit control.

A perfect progression if you’ve already completed Levels 3 and 4, or you’re at a more advanced stage in your career and want a qualification to give you the confidence and proof that you have the skills to do the job.

Once you’ve achieved this level, you’ll be the proud owner of the AAT(SA) Accounting Qualification. With evidence of one year’s past relevant work experience – attained while you were training maybe – you’ll be able to apply to become a Platinum member of AAT(SA) and use the letters MAAT(SA) after your name.

Programme Outcomes

  • Manage people within the accounting environment.
  • Prepare forecasts and budgets
  • Collect, analyse and disseminate information about costs
  • Monitor performance and make recommendations to enhance value
  • Understand the principles of internal control and evaluate accounting systems
  • Apply general principles and behaviours of ethical working in accountancy
  • Review the competence of individuals undertaking work activities and arrange the necessary training.
  • Prepare, in collaboration with management, contingency plans to meet possible emergencies. Update the system in accordance with changes that affect the way the system should operate and check that your update is producing the required results.
  • Draft and interpret limited company financial statements
  • Draft and interpret departmental revenue and expenditure reports
  • Draft and interpret local government financial statements

 Topics covered

AAT(SA) Qualifications in Accounting NQF level 5 –the structure of the qualification

Level 5 Certificate: Accounting NQF level 5 (Mandatory units and 2 optional pairs)

Short code

Learning and test area Method of assessment1

Mandatory (core qualification) units

FNST Financial statements  

Computer based test (centrally set and assessed by AAT)

Principles of drafting financial statements (K)
Drafting financial statements (S)
BGT Budgeting Computer based test (centrally set and assessed by AAT) Principles of budgeting (K)
Drafting budgets (S)
FNPT Financial performance Computer based test (centrally set and assessed by AAT) Principles of managing financial performance (K)
Measuring financial performance (S)
ICAS Internal control and accounting systems AAT e-delivered project/case

study or workplace evidence (locally assessed by centre)

Principles of internal control (K)
Evaluating accounting systems (S)
Short code Optional units – 2 from 4 Optional units – 2 pairs from 4
CRMC Credit management and control Section 1 Computer based test (centrally set and assessed by AAT)

Section 2 AAT e-delivered project/case study or workplace evidence

Or

All workplace evidence(locally assessed by centre)

Principles of credit management (K)
Control of debt and credit (S)
PTX Personal tax Computer based test (centrally set and assessed by AAT) Principles of personal tax (K)
Calculating personal tax (S)
BTX Business tax Computer based test (centrally set and assessed by AAT) Principles of business tax (K)
Calculating business tax (S)
EXA External auditing Computer based test (centrally set and assessed by AAT) Principles of external audit (K)
Auditing financial statements (S)
  1. All AAT assessments will be delivered using current and/or emerging computer-based technologies. Please also note that it is the AAT’s aim to develop alternative assessments so the form of assessment delivered in year 1 may not be the same form of assessments we use in year 2, 3, 4 or 5. We are aware that the infrastructure outside the UK varies and not all countries will immediately be able to adopt computer-based assessments (CBA). So outside the UK, the assessment strategy in the short-term will be different to the UK with regard the use of formal CBAs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short code  

Learning and test area

1

Method of assessment

 

Mandatory (core qualification) units

 

FNST

 

Financial statements

 

Computer based test (centrally set and assessed by AAT)

Principles of drafting financial statements (K)
Drafting financial statements (S)
 

BGT

 

Budgeting

 

Computer based test (centrally set and assessed by AAT)

Principles of budgeting (K)
Drafting budgets (S)
 

FNPT

 

Financial performance

 

Computer based test (centrally set and assessed by AAT)

Principles of managing financial performance (K)
Measuring financial performance (S)
 

ICAS

Internal control and accounting systems AAT e-delivered project/case

study or workplace evidence

(locally assessed by centre)

Principles of internal control (K)
Evaluating accounting systems (S)
Short code  

Optional units – 2 from 4

 

Optional units – 2 pairs from 4

 

 

 

 

CRMC

 

 

 

 

Credit management and control

Section 1 Computer based test

(centrally set and assessed by AAT)

 

Section 2 AAT e-delivered project/case study or workplace evidence

 

 

Or

All workplace evidence

(locally assessed by centre)

Principles of credit management (K)
 

 

 

Control of debt and credit (S)

 

PTX

 

Personal tax

 

Computer based test (centrally set and assessed by AAT)

Principles of personal tax (K)
Calculating personal tax (S)
 

BTX

 

Business tax

 

Computer based test (centrally set and assessed by AAT)

Principles of business tax (K)
Calculating business tax (S)
 

EXA

 

External auditing

 

Computer based test (centrally set and assessed by AAT)

Principles of external audit (K)
Auditing financial statements (S)

 

(locally assessed by centre)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 All AAT assessments will be delivered using current and/or emerging computer-based technologies. Please also note that it is the AAT’s aim to develop alternative assessments so the form of assessment delivered in year 1 may not be the same form of assessments we use in year 2, 3, 4 or 5. We are aware that the infrastructure outside the UK varies and not all countries will immediately be able to adopt computer-based assessments (CBA). So outside the UK, the assessment strategy in the short-term will be different to the UK with regard the use of formal CBAs.