AAT Level 4 - Professional Level Accounting Course
The AAT Level 4 Diploma in Professional Accounting is the highest AAT qualification level. It offers complex accounting and financial knowledge and expertise. Further, it provides Chartered Accountancy pathways like ACCA, CIMA and ICAEW. You will become the AAT full member at the AAT Level 4 Accounting course completion.
You can start AAT Level 4 with any qualification depending on your experience and skills. Unlike AAT Level 2 and AAT Level 3, the AAT level 4 offers higher level accounting skills and understanding. It delivers outcomes on the following topics and tasks:
- Knowledge of complex accounting and finance topics and tasks
- Financial management and applications
- Drafting limited companies' financial statements
- Competency in recommending accounting systems strategies
- Construct and present management accounting reports and functions
At completion, you can apply for AAT full membership (MAAT), which demonstrates an exceptional commitment to high accounting standards and ethics. The AAT professional membership inspires confidence and helps you stand out from the crowd.
Also, the AAT Level 4 unlocks massive jobs, with annual earnings between £37,500 and £42,500, depending on your work experience. Further, the AAT Level 4 achievement opens self-employment and freelancing options. The AAT Level 4 completion allows you to become AAT Licensed Accountant or Bookkeeper. Hence, you can start your accounting or bookkeeping business.
Studying the AAT Level 4 at KBM
KBM tutors and accountants' dedicated support makes this AAT Level 4 entirely achievable. They help in the study and prepare you for AAT exams. Join our unique AAT Level 4 blended with Accountancy Work Experience. It assists in getting jobs and obtaining the AAT MAAT membership. Our AAT students' pass rate is beyond 97%.
We properly focus on job role competence. Completing your AAT practical training under our high calibre accountants delivers full competency. Our associate ACCA Gold Level Chartered and Certified Accountants and Registered Auditors firm fully contribute to your practical training.
Also, our computerised accounting Pro Advisors and qualified accountants will help you learn accountancy software solutions. You will practically work on our actual clients' files for learning Sage 50, QuickBooks or Xero completely FREE.
We offer daily, weekend and evening classes. KBM has training centres across London and Birmingham. The centres have the latest technology, infrastructure and excellent accessibility. Also, you will get free e-portfolio access to track your performance and milestones integrated with the AAT units.
KBM keep its students and professionals' flexibility at the top. You can benefit from our online and distance learning solutions. It allows you to complete your AAT programmes at your pace without affecting your daily life schedules. We provide 24x7 student portal access for free AAT study material, assignments etc.,
The KBM recruitment team assists your professional CV and interview preparation. Also, they connect you with potential employers for your job. Further, KBM continues supporting you even after your programme ends, demonstrating our commitment.
AAT Leve 4 Course Duration and Coverage
The AAT Level 4 accounting course completion is between 12 and 18 months, depending on your learning method schedule. This AAT level 4 accounting course syllabus has five units, including:
- Three mandatory units
- Two optional specialist units.
Mandatory Units
This Level 4 accounting qualification consists of the following three mandatory units:
- Applied Management Accounting
- Drafting and Interpreting Financial Statements
- Internal Accounting Systems and Controls
Applied Management Accounting
- An organisational planning process and implementation
- Internal procedures to enhance operational control
- Short and long-term decision-making
- Analysing and reporting business performance
Drafting and Interpreting Financial Statements
- Reporting financial frameworks
- Drafting consolidated financial statements
- Ratio analysis for interpreting financial statements
- Preparing limited companies' statutory financial statements
Internal Accounting Systems and Controls
- An organisation's accounting function role
- Internal control systems evaluation
- An organisation's accounting system evaluation and procedures
- Technology impact on accounting systems
- Recommending improvement for an organisation's accounting systems
Optional specialist units
You will also complete two optional specialist units from the following five choices:
- Business Tax
- Personal Tax
- Audit and Assurance
- Cash and Financial Management
- Credit and Debt Management
Business Tax
- Sole traders and partnerships tax computations
- Limited companies tax computations
- UK's tax regime administrative requirements
- capital assets sale computations of limited companies
- Business disposals tax implications
- Tax relief and tax planning opportunities and the agent's taxation reporting responsibilities to HMRC
Personal Tax
- Principles and rules underpin taxation systems
- Calculation of UK taxpayers' total income
- Calculation of UK taxpayers' income tax and national insurance contributions (NICs)
- Calculation of the UK taxpayers' capital gains tax
- Inheritance tax principles
Audit and Assurance
- Audit and assurance framework
- Professional ethics importance
- Evaluating the audit and assurance planning process
- Review and report findings
Cash and Financial Management
- Forecasting of cash receipts and payments
- Cash budgets and monitor cash flows
- Importance of managing finance and liquidity
- Finance and investment funds raising ways
- Regulations and organisational policies influence decisions in managing cash and finance
Credit and Debt Management
- Relevant legislation and contracts law impacting the credit control environment
- Using the information to assess credit risk and grant credit, and comply with organisational procedures and policies
- Managing and collecting debts credit control processes
- Applying available debt collection techniques