Showing posts with label AAT Level 3. Show all posts
Showing posts with label AAT Level 3. Show all posts

Monday, July 20, 2020

AAT Level 3 Distance Learning: its Easy If You Do It Smart

It is a professional qualification, based on practical, real-world bookkeeping knowledge and is recognised and appreciated by employers. The AAT qualification offers students with excellent and safe career prospects for both employment and self-employment. This AAT level 3 online courses are perfect for those who have just completed AAT level 2, or those already at a more middle level of their job. They are looking to develop existing accounting skills such as organisational and management processes relevant to finance officer roles, comprising cost accounting recording; preparing final accounts for small businesses; preparing reports and returns.

AAT level 4 distance learning



AAT level 3 distance learning allows you to study at a time and room to suit you. Sometimes it is difficult to get to an educational centre for various reasons. That’s why distance learning provides you with the perfect way to fit your studies around your daily promises. aat distance learning courses requires commitment and attention. It would help if you questioned yourself the following things:

• Have I studied like this before?
• Am I fully committed to study and get my certification?
• Am I looking to complete this course in a short time?
• Do I have the pledge and full motivation to study through distance learning?

Distance learning is very flexible; it can be more exciting than traditional classroom-based learning. You’ll need to retain your motivation levels high and stick to your deadlines. It will make your life very easy. If there are no vocational training centres near to you, you can still study through distance-learning. No of books and worksheets delivered to your home address. Get access to (VLC) virtual learning campus or any other online student portal for additional AAT study materials. You have to pass four computer-based tests (CBT’s) and one final Synoptic assessment at an approved AAT level 3 exams centre.

AAT Level 3 Modules


The advanced professional diploma is for you if you have important practical accounting experience and a strong grip of all the modules covered at level 1. aat level 4 distance learning Leads to more complex accounting tasks, including, following topics:

Advanced Bookkeeping (AVBK): After completing this unit, the student will have a good knowledge of the accounting principles and theories underlying all financial accounting. Having established a full understanding of the accountancy equation, they will understand the nature and significance of the different categories of account and how the records relate to each other.

Final Accounts Preparation (FAPR): In this module, the student will develop accountancy skills in the reorganisation of accounting information from incomplete records. You’ll learn how to establish financial statements for sole traders. The student will be capable of using different tools and techniques to manage accounts. You’ll be able to find missing information and know the significance and restrictions of the trial balance. They will become aware of the statement of financial position and report of profit or loss.

Management Accounting: Costing (MMAC):   This module will develop an understanding of how costs are managed in organisations, and why many organisations treat costs in their ways. They will be capable to recognise different methods to cost accounting and management.

Indirect Tax (IDRX):  First thing you will consider, is understanding of VAT rules and regulations. Complete VAT returns correctly and on time. Understand VAT fines and make adjustments for earlier errors. Record and document VAT information.

Spreadsheets for Accounting (SPSH):   How to use a spreadsheet to enter, edit and organise mathematical and other data. Select and use suitable formulas and data analysis tools and methods to meet requirements. Use tools and practices to present, and format and issue spreadsheet information.

Ethics for Accountants (ETFA): Understand the moral values of professional working. Understand ethical behaviour when employed in any organisation. Understand when and how to take proper action following suspected breaches of ethical codes. Understand the ethical concern of the finance professional in promoting sustainability.

Final Synoptic Assessment (AVSY):  All assessments are a computer-based assessment that is partly computer marked and partly human marked. The assessment consists of study modules. This assessment will test your knowledge and understanding of advanced bookkeeping, ethics for accounting, final accounts preparation and management accounting.

AAT Level 3 Exams


The AAT level 3 exams consist of seventeen papers and examinations in total. Through this qualification, you’ll learn hands-on skills to prepare you for the workplace, from simple finance administration skills to advance final accounts and complex administration-accounting tasks.

Exam rules and regulations

• Assessments are computer-based and sat at an AAT approved exam centre.
• The exam is allocated a proportion mark.
• On completion of the qualification, an overall grade is granted according to this:
• You will be granted the status of pass - 70-79%
• You will be granted the status of merit - 80-89%
• You will be granted the status of distinction - 90-100%
Exam dates: Assessments dates are announced through AAT official website
Percentage marks for each level unit assessments are available instantly on completion of the assessment.

Employment and Market Opportunities

The AAT level 3 online coursecan lead to a wide variety of roles, including:

• Assistant Accountant
• Accounts Payable and Expenses Supervisor
• Accounts Payable Clerk
• Audit Trainee
• Credit Controller
• Bookkeeper
• Finance Assistant
• Payroll Supervisor
• Payroll Administrator
• Practice Bookkeeper
• Tax Assistant

Monday, July 13, 2020

AAT Level 2 Qualification overview


AAT Accounting level 2


You must be qualified for junior and entry-level accounting positions with the AAT Level 2 training. It establishes a strong base of financial management-addressing fields such as double-entry bookkeeping and specific costing standards and the application of accounting software.

Table of Content:

1. How long does it take to qualify?
2. Which roles are you able to do for this qualification?
3. Description of AAT level 2 qualifications
4. Why Future Connect Training?
5. To contact Future Connect Training?

1. How long does it take to qualify?

The degree would usually take about a year to achieve, although that would rely on the method of research and the schedule of the course. The certification can be completed in as little as six months.

2. Which roles are you able to do for this qualification?

Employers accept AAT Credentials as realistic and professional qualifications that train graduates for the world of work and especially for their position in accountancy and finance. Read more on where AAT will move you through your profession.
The Accounting Foundation Certification (AAT Level 2) will result in work formation as:

• Accounts Administrator
• Accounts payable clerk
• Trainee Finance Assistant
• Accounts Assistant
• Purchase/Sales ledger clerk
• Trainee Accounting Technician

AAT Bookkeeping level 2


1. AAT bookkeeping level 2 Foundation Certificate (2 modules)
2. AAT level 2, accounting Foundation Certificate (5 modules)
3. Description of AAT level 2 qualifications

AAT Level 2 reflects the first step towards your full AAT accounting certification and successful accounting and finance career. The course gives you a thorough understanding of different forms of financial transactions inside a bookkeeping position.
AAT Level 2 offers a thorough knowledge of critical financial practises, such as communicating with clients and manufacturer information, recording invoices, measuring discounts and bringing the numbers to the point of the trial balance.
This AAT standard also includes forms of payment, keeping journals and coping with bank reconciliations.

The chartered accounting bodies CIPFA, ICAEW, CIMA and ICAS fund the AAT (Association of Accounting Technicians).
Ethics: Building and improving expectations

There is more to AAT than qualifications. AAT is widely known and regarded by a wide variety of companies as a qualified affiliate organisation, which allows its participants to maintain a competent and ethical practice in their accounting and finance professions.
It is because of our incredibly high expectations, excellent preparation and our leaders' integrity that AAT leaders are so highly regarded. It is an asset for us as a technical organisation, particularly for our leaders.
We are releasing the AAT Code of Professional Ethics which lays out a framework of specific ethical standards and guidelines. During their working career, the choices an accounting specialist takes will have significant moral consequences, and that is where the Code will support. 

• It sets ethical expectations, including guidelines to help our leaders meet them.
• It helps protect the public interest of our members.
• It lets our leaders establish positive respect for AAT.

We also incorporated legal dilemmas and decision-making over the process of AAT's training and tests to represent the complexities of the workforce. We hope this helps to shape our members are on the right track when they focus on their professions when accountants or as accounting practitioners.
Membership of Graduates

Becoming a part of AAT students is key to:

• To review credentials for AAT
• Place AAT Evaluations
• Access the AAT resources to support successful study and career development.

AAT promotes and strengthens its affiliates by more than 500 training companies globally accredited by AAT. They do have a comprehensive regional network where participants can receive resources and instruction in their local region and connect with other AAT leaders.
Who will pick this certification to study?

The AAT Foundation Accounting Certification is an excellent starting point for someone who wants to follow an accounting or finance profession.

The AAT Foundation Accounting Certificate aims to provide training in the core accounting expertise and skills required to either progress to jobs or further research. This training is ideal for young people who have only left school and even for adults who have returned to schoolJob after a break or anyone needs to shift profession.The Foundation Credential is available to all who work and others who are not in jobs at present. This qualification might also be usefulto Enable anyone who still operates at the entrance level to progress their profession by giving them advancement and structured acknowledgement of their expertise.

AAT does not set any preconditions for AAT Foundation Accounting Credential test. Nonetheless, we suggest that students continue their studies with a healthy level of English and Maths for the best probability of success.

AAT provides no preconditions for AAT Foundation Accounting Credential Review. Nevertheless, with the highest chance of achievement, we recommend that students start their studies with top English and Math levels. 


AAT level 3 qualification




Students learning part-time alongside jobs or those who already have any job experience may prefer to choose the AAT Foundation Certificate of Accounting to concentrate solely on developing their accountancy and finance skills of order to advance rapidly to the next research stage.
What is covered by qualification?

The AAT Foundation Accounting Certification includes a variety of accounting and finance knowledge at the base in five compulsory units (240 guided hours of learning).

• Bookkeeping Controls 
• Elements of Costing
• Using Accounting Software 
• Work Effectively in Finance

This certification aims to ensure that students are well equipped to transition into a business, finance, or qualified accountancy field, or further education.

Both units within the certification are compulsory: in end-of-unit examinations, four modules are tested separately, although this requirement often requires a synoptic test where students sat after the course. The synoptic analysis builds on expertise and comprehension from around the training and evaluates.

Which will contribute to this qualification?

The accounting skills gained while completing this credential would help a student to search for a job with trust and proceed to the next level of learning.

A student who completes this certification must acquire dual-entry bookkeeping expertise and should learn how to use magazines, monitoring statements and a trial balance.Participants may also learn how to utilise an accounting software program, how to manage financial reports according to client policies and schedules and how to deliver details as needed to co-workers, vendors and clients.

The political, accountancy, company and communications skills learned in Accounting's AAT Foundation Credential will contribute to employment as follows:

Thursday, July 9, 2020

What Is The AAT Level 2 Qualification?


This foundation level is where you’ll get to improve your skills in finance management: double-entry bookkeeping, sales, general ledgers and basic costing principles and purchase.

Once you’ve accomplished the foundation level, you’ll be awarded the AAT Level 2 Certificate in accounting.AAT level 2 is the entry-level into the AAT qualification.

Level 2 is the most significant level of them all because this will clarify the basics of accounting and lay the basis for you to be able to do well in the later ranks of the qualification. Without level 2, without knowing the basics, you will struggle with the following standards as you need the knowledge from level 2 to be capable of building on it. Lay the foundation for your career in accounting. You’ll get to holds with five units of vital accountancy basics like bookkeeping and accounting software.



Learning Outcomes:

1. Process supplier transactions
2. Understand financial transactions within an accounting system
3. Process transactions over the ledgers to the trial balance
4. Process customer dealings
5. Process receipts & payments

Who Is It For?

Accounting beginners are looking to acquire the basics. You don’t need any prior experience working in accounts to study AAT. There are no entry requirements, IT and English skills, and a readiness to learn. 

If you’ve able the AAT Certificate in bookkeeping short qualification, you will be certified from finishing the first two modules of this level Bookkeeping Transactions and Accounting Controls. If you have a university degree in accounting or related, we recommend that you move straight onto ACCA, CIMA, or ACA.
 
What Qualification Will I Get?

AAT Foundation Certification in Accounting at Level 2

How Long Will It Take?

One year of tutor time, flexible time 
 
Syllabus: AAT Level 2 Certification In Accounting

The AAT Level Foundation Certificate in accounting course is a globally recognised qualification that is based on practical, real-world accounting/bookkeeping and computerised bookkeeping knowledge you can put to use from day one. The AAT is known and respected by employers providing students with excellent and confident career prospects for both employment and self-employment in the accounting field.

You do not require any prior qualifications or work experience to start this AAT Level 2 training course. On completion of this, you will be prepared to work in any area of finance and enjoy various and challenging role.

Here are five mandatory units at the introductory level:
 
 Bookkeeping Transactions

• Understand the principles of processing financial transactions.
• Maintain the cash-book.
• Prepare and process financial documentation for customers.
• Maintain petty cash records.
• Understand the double-entry bookkeeping system.
• Understand discounts.
• Process seller invoices and credit notes and calculate payments.
• Process ledger transactions & mine a trial balance.

Bookkeeping Controls

• Maintain and use the journal.
• Comprehend the purpose and use of control accounts & periodicals.
• Uphold and use control accounts.
• Understand the banking process.
• Resolve a bank statement with the cash book.
• Understand retaining and storage requirements concerning banking documents.

Elements of Costing

• Be capable of using the cost recording system to record data.
• Know the cost record system within an organisation.
• Be able to use worksheets to provide information on real and budgeted income and spending.

Work Effectively in Finance

• Understand sustainable values.
• Know the bookkeeping or payroll function within an organisation.
• Work effectively or as part of a team.
• Be able to use a variety of communication skills.
• Understand ethical values and principles.
• Improve skills and knowledge to meet individual and organisational needs.

Using Accounting Software

• Accounting records.
• Perform a bank reconciliation.
• Enter accounting transactions.
• Produce a range of reports.
• Correct errors.
• Uphold the security of bookkeeping information using passwords and backup schedules.

Final Synoptic Assessment 
 
This assessment is a computer-based valuation that is partially computer marked and partly human marked. The assessment will test your understanding of the mandatory units and also set in the work efficiently in the finance unit. This will improve the professional skills and behaviours desired in the workplace. Students will be projected to show the right level of English & grammar in their written answers.

 How Is The Course Assessed?

All assessments in training will be computer-based assessments -CBAs. CBAs are an excellent method of valuation that directly reflect the hands-on tasks that you presently perform or will be performing in the workplace. CBAs offer you better flexibility as you can take these assessments as and when you are ready and with the agreement of your instructor.

Progression

An AAT Level 2 certification qualification gives you the chance to move on to study the AAT Level 3 Advanced Diploma in bookkeeping qualification which is then tracked by the AAT Level 4 Advanced Diploma.


Career Path

You will be qualified for the following roles after the qualification: Tax Assistant, Accounts Administrator, and Trainee Accounts Technician. Here are just a few posts that you could consider upon completion of this study.

• Accounts Administrator
• Accounts Payable Clerk
• Accounts Assistant
• Bookkeeper
• Tax Assistant/Trainee
• Purchase/Sales Ledger Clerk
• Trainee Accounts Technician

AAT level 2 Certification Salary Range:

We can see strong evidence of an increase in salary as AAT associatesprogress through the different levels of their membership journey. Professional’s salaries are up 6%, affiliate salaries are up 7% and MAAT and FMAAT salaries are up 8% compared to 2017.


Monday, July 6, 2020

Advanced Diploma in Accounting AAT Level 3

This certification includes additional accounting concepts such as final accounts, professional accounting, procedures and accounting ethics. By completing your submission, you can qualify for AAT Associate Bookkeeping Membership and receive AATQB qualified status.

Professional Diploma in Accounting (Level 4)


In this AAT training, you will be responsible for higher-level accounting activities, including financial performance evaluation, budget control, preparing of financial statements. It also includes specialised units such as business tax, personal tax, external auditing, cash and treasury management, credit management.

Access Award in Bookkeeping (Level 1)


You will obtain an essential entry credential that will give you the experience of single-entry accounting. It's perfect for people without any kind of prior experience.

Foundation Certificate in Bookkeeping (Level 2)


This program gives the expertise and information required to handle books effectively and requires manual double-entry accounting, according to the Trial Balance level, procedures and related records. This credential will be used for quick monitoring of the AAT Advanced Diploma in Accounting.

Advanced Certificate in Bookkeeping (Level 3)

This course, targeted at professionally trained bookkeepers, includes factors such as double-entry accounting, intermediate spreadsheets, financial statements and software use. On positive completion, you can register for AAT Associate Bookkeeping Membership and become a qualified AAT Bookkeeper (AATQB).

Access Award in Accounting Software (Level 1)


The Access Award in Accounting Software is the best first step for those who wish to conduct simple administrative and financial activities using accounting software packages.Basic entry-level qualifications may provide a strong foundation for new graduates who do not have previous experience or accounting knowledge before moving to a foundation-level requirement.

Foundation Award in Accounting Software (Level 2)

AAT Level 3 certification offers expertise and necessary information to handle the accounts successfully. It includes manual double-entry accounting and associated documents. It processes up to the Trial Balance standard although many students will start mostly with Base AAT Qualification to Rapid Track to the AAT Advanced Diploma in Accounting.

AAT Level 3 Distance Learning: its Easy If You Do It Smart

It is a professional qualification, based on practical, real-world bookkeeping knowledge and is recognised and appreciated by employers. The...