Course description
AAT Level 3 Certificate in Bookkeeping
The AAT Advanced Certificate in Bookkeeping (Level 3) training course was developed for experienced Bookkeepers. This course would suit those looking to become accredited in Bookkeeping and gain the skills required for senior-level job roles, including how to prepare financial statements for small and medium-sized businesses, understanding VAT legislation requirements and VAT reports.
Supporting your current experience, this AAT Bookkeeping training course will add in-depth knowledge in double-entry bookkeeping and financial statements.
Upon completion of this course, you will gain AAT Bookkeeper status, allowing you to use the designatory letters AATQB after your name, showing employers you are both qualified and accredited and enable you to submit the final balance for other businesses.
We want you to succeed throughout your AAT training and prepare for a successful career in the finance industry, and as such, we offer many resources to help you throughout your studies, including tutor support, weekly live classes, exam prep sessions, and digital resources (study books, workbooks, mock exams, Pocket Notes, and more).
Do you work at this organisation and want to update this page?
Is there out-of-date information about your organisation or courses published here? Fill out this form to get in touch with us.
Upcoming start dates
Suitability - Who should attend?
This qualification offers progression for students with existing bookkeeping knowledge, and who are training for a Bookkeeping role, or want to undertake additional study.
This course best suits those who have already completed theAAT Level 2 Certificate in Bookkeepingand are looking to gain further skills and knowledge suitable for advanced Bookkeeping positions.
Learn how to become a Bookkeeper.
If you have not completed the AAT Level 2 Certificate in Bookkeeping course but are interested in progressing onto Level 3, we suggest enrolling on ourAAT Levels 2 & 3 Certificate in Bookkeeping, where both courses are available in one package.
This course would benefit those:
- Considering becoming an independent Bookkeeper.
- Wanting to be a vital part of an accounts or finance team.
- Looking to become an accredited, highly skilled Bookkeeper.
- Who are self-employed and looking to do their own bookkeeping.
Outcome / Qualification etc.
Accreditation: AAT - Association of Accounting Technicians
Unit 1 – Financial Accounting: Preparing Financial Statements Learning Outcomes
- Understand the accounting principles underlying final accounts preparation
- Understand the principles of advanced double-entry bookkeeping
- Implement procedures for the acquisition and disposal of non-current assets
- Prepare and record depreciation calculations
- Record period end adjustments
- Produce and extend the trial balance
- Produce financial statements for sole traders and partnerships
- Interpret financial statements using profitability ratios
- Prepare accounting records from incomplete information
Unit 2 – Tax Processes for Businesses Learning Outcomes
- Understand legislation requirements relating to VAT
- Calculate VAT
- Review and verify VAT returns
- Understand principles of payroll
- Report information within the organisation
Training Course Content
Unit 1 – Financial Accounting: Preparing Financial Statements Syllabus
- Understand the accounting principles underlying final accounts preparation
- The primary users of final accounts
- The framework of accounting underlying the preparation of final accounts
- Qualities of useful financial information
- Understand the principles of advanced double-entry bookkeeping
- Use of the accounting equation
- Classification of ledger accounts
- Purpose and use of books of prime entry and ledger accounting
- Carry out financial period end routines
- Implement procedures for the acquisition and disposal of non-current assets
- Importance of prior authority for capital expenditure
- The importance of classifying expenditure into capital or revenue expenditure
- Record acquisitions and disposals of non-current assets
- Prepare and record depreciation calculations
- Calculate depreciation
- Record depreciation
- Record period end adjustments
- Record accruals and prepayments of income and expenditure
- Record irrecoverable debts and allowances for doubtful receivables
- Record inventory
- Considerations for recording period end adjustments
- Produce and extend the trial balance
- Prepare an initial trial balance
- Prepare an adjusted trial balance
- Complete the extended trial balance (ETB)
- Produce financial statements for sole traders and partnerships
- Prepare financial statements for sole traders
- Opening and closing capital for sole traders
- Produce the SPL for partnerships
- Produce the SFP for partnerships
- Interpret financial statements using profitability ratios
- Calculate profitability ratios
- The interpretation of profitability ratios
- Prepare accounting records from incomplete information
- Identify missing figures
- Mark-up and margin
- Reasonableness of figures when information is incomplete
Unit 2 – Tax Processes for Businesses Syllabus
- Understand legislation requirements relating to VAT
- UK tax law principles relating to VAT
- VAT registration and deregistration requirements
- Filing and payment of VAT returns
- Special schemes
- Implications for non-compliance with VAT regulations
- Calculate VAT
- Extracting relevant data from accounting records
- VAT invoices
- VAT calculations
- Review and verify VAT returns
- Make adjustments for errors or omissions in VAT returns
- Verify information contained within VAT returns
- Understand principles of payroll
- Employer responsibilities of payroll
- Operating payroll
- Report information within the organisation
- Communicating information on VAT and payroll related matters
Legislation, regulation, guidance, and codes of practice
Course delivery details
This course is delivered online via our interactive eLearning training platform, where you will have access to animation videos, knowledge checks, assignments, and more, letting you study wherever and whenever suits you best.
Why choose e-Careers Ltd
We have successfully trained over 610,000 learners, from over 50 countries, and growing.
We are industry leaders, with multiple awards and over 10 years experience.
Our Trainers and Tutors are industry experts in their fields
Expenses
Tuition Fee: £515 Inc. VAT
Continuing Studies
This AAT Level 3 Bookkeeping Certificate training course will take your knowledge of Bookkeeping to the next level and enhance your career opportunities.
Once you have successfully passed your Level 3 assessments, you will be eligible to apply for AAT Bookkeeper status (letting you use the designatory letters AATQB after you name), become a self-employed Bookkeeper within your own business, and offer self-employed services in the UK, including Bookkeeping, Financial Accounts and Accounts Preparation for Sole Traders, VAT, Computerised Accountancy Systems, and Payroll.
You can also broaden your career opportunities into the Accounting side of the industry, through the AAT Level 2 Certificate in Accounting, and AAT Level 3 Certificate in Accounting training courses.
The skills developed throughout this course could help you move into the following careers:
- Bookkeeper
- Senior Bookkeeper
- Ledger Manager
- Accounting Manager