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.
Upon successful completion of the programme, the student should be able to:
- 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