AAT Level 3 Diploma in Accounting 2013-14

PrerequisitesUpdated£

• The AAT Level 3, Diploma in Accounting, introduces to students to more complex financial processes and accounting tasks, the principles of VAT, professional ethics and develops their spreadsheet skills.

• If you would like to be considered for the 2013-14 programme please register your interest here.
• Alternatively, if you are keen to progress with your studies and are able to self-fund yourself please email Finance.Training@admin.cam.ac.uk for details of options and costs with local external provider

Departmental or College accounts staff who have completed Level 2, or who are already at a more intermediate level and are looking to develop their accounting skills.

Previous Knowledge Prospective students must demonstrate that they have a sound understanding of the principles of double-entry book keeping gained from

• completion of the ABC Bookkeeping Certificate /Certificate in Accounting;
• completion of AAT Foundation;
• completion of AAT Level 2; or
• previous accountancy experience, or qualifications.

Prospective students will be expected to demonstrate that this knowledge is up to date by completion of the AAT Skills Check .

• Further information can be found on the university's web-page: http://www.admin.cam.ac.uk/offices/finance/training/qualifications/aat/university.html

Approval In addition students' applications must be supported by their line managers and individuals must agree to the conditions of funding. Final acceptance on to the course will be subject to the Finance Training Manager's approval.

Number of sessions: 23

#	Date	Time	Venue		Trainer
1	Fri 20 Sep 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Ben Bullman
2	Thu 26 Sep 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Ben Bullman
3	Thu 3 Oct 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Ben Bullman
4	Wed 9 Oct 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Ben Bullman
5	Thu 17 Oct 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Alex Griffiths
6	Thu 24 Oct 2013   09:00 - 16:00 *	09:00 - 16:00 *	First Intuition	map
7	Thu 31 Oct 2013   09:00 - 16:00 *	09:00 - 16:00 *	First Intuition	map
8	Wed 13 Nov 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Ben Bullman
9	Fri 22 Nov 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Alex Griffiths
10	Wed 4 Dec 2013   09:00 - 16:00	09:00 - 16:00	First Intuition	map
11	Wed 15 Jan 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Stuart Brown
12	Wed 29 Jan 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map
13	Wed 5 Mar 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Tracey Leavold
14	Wed 12 Mar 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Tracey Leavold
15	Wed 19 Mar 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Tracey Leavold
16	Wed 26 Mar 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Tracey Leavold
17	Wed 2 Apr 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Tracey Leavold
18	Thu 17 Apr 2014   09:00 - 16:00 *	09:00 - 16:00 *	First Intuition	map
19	Tue 22 Apr 2014   09:00 - 16:00 *	09:00 - 16:00 *	First Intuition	map
20	Fri 16 May 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Ben Bullman
21	Wed 28 May 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map
22	Fri 20 Jun 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map	Crystal Haygreen
23	Tue 1 Jul 2014   09:00 - 16:00	09:00 - 16:00	First Intuition	map

Accounts Preparation

• Preparation of final accounts for sole traders, developing your understanding of accounting systems and the environment and principles under which organisations operate.
• Accounting adjustments and accounting for fixed assets

Prepare Accounts for Sole Traders and Partnerships

• Legal requirements and preparation of partnership accounts, showing division of profits after adjusting for interest on capital, interest on drawings and any salaries due to each partner.
• Preparation of final accounts for partnerships and developing skills in restructuring accounting information.
• Preparing final accounts for sole traders, including the accounting treatment required to incorporate accruals and prepayments, provision for depreciation, irrecoverable debts and allowance for doubtful debts.

Professional Ethics

• Importance of ethical duties and how to work within the code to ensure that the public can gain confidence in accounting practices or functions.
• Protecting your and your organisation’s professional reputation and integrity.

Costs & Revenues

• Identifying why cost-accounting is an important tool to an organisation.
• Different approaches to cost accounting and making informed and reasoned judgements to guide management and aid decision making.

Spreadsheets

• How to use software for recording data in rows and columns, perform calculations with numerical data and present information using charts and graphs.

Indirect Tax

• Understanding current VAT regulations and building your knowledge of VAT registration requirements, different VAT schemes available, penalties for non-compliance and the different types of classification of supplies.
• Performing the calculations needed to complete a VAT return.
• Submitting completed documentation in a timely manner while maintaining an effective working relationship with the relevant tax authority.

The Diploma is split into seven units:

• Accounts Preparation
• Prepare Accounts for Sole Traders and Partnerships
• Professional Ethics
• Costs & Revenues
• Spreadsheets
• Indirect tax

Students to complete and sit examinations sucessfully in all seven units within a year

Normally a mixture of classroom tuition plus approx 6-7 hours per week self study

• See the AAT's web site
• See Finance Division Web Page http://www.admin.cam.ac.uk/offices/finance/training/qualifications/aat/university.html

Study and exams over typically a 9 month period

Every other year