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Professional Diploma in Accounting

Professional Diploma in Accounting

Take charge of your career. The AAT Professional Diploma in Accounting is an excellent AAT accounting qualification. It's perfect for teams that are looking to develop financial team leaders and senior accountants or seeming to train towards achieving professional MAAT status. Let's get dig some more information about the course to make the right decision of your profession.

Table of Contents
  1. Introduction of Professional Diploma in Accounting
  2. Professional Diploma in Accounting Syllabus
  3. Course Entry Requirements
  4. Accreditation
  5. What will you learn from this study?
  6. Want to get accounting work experience in London?
  7. Testing and mocks
  8. Why is this course right for you?
  9. Why Future Connect to examine AAT Level 4?
  10. How do I enrol?

Introduction of Professional Diploma in Accounting

The Professional Diploma in Accounting is the only AAT qualification at the Professional level, which is essential for anyone wishing to become a financial team leader or set up their accounting practice.

In this qualification, you will learn high-level accounting tasks including drafting financial statements, managing budgets and evaluating financial performance, as well as optional specialist units including business tax, personal tax, external auditing and credit management and cash and treasury management.

Upon completion of this reputed qualification, you’ll automatically become an AAT affiliate member, and you’ll have the opportunity to become a professional member of AAT (MAAT) once you’ve gained the requisite work experience. It will allow you to use the designatory letters MAAT after your name on your CV, emails, and business cards, demonstrating your high professional standards to employers and business partners.

Professional Diploma in Accounting Syllabus

This professional-level covers sophisticated and advanced finance methods and topics. Students will be able to draft financial reports for limited companies, recommend a strategy for accounting systems, and build and perform complex management accounting statements.

AAT Professional diploma in accounting made up of different units which concern mandatory units and optional too.

Mandatory Units:

  • Management account budgeting
  • Management account decision and control
  • Financial statements
  • Professional level synoptic

Optional Units:

  • Personal tax
  • Business tax
  • Credit management
  • Cash and treasury management
  • External auditing

You will learn all units, one at a time, sit an assessment at the end of each group, before moving on to the next. You must have sat and passed all six assessments to achieve your AAT level 4 qualification.

  • Management Accounting: Budgeting

This unit builds on your management accounting knowledge from the previous levels (elements of costing at AAT level 2 and management accounting: requiring at advance level accounting). It will also expand your costing knowledge. Guides you how to deal with budgets, how to understand and work out different variances, ratios and what these mean for the business. So, this is a great unit to start level 4.

  • Management Accounting: Decision and Control

In this unit, you can Build on what you learnt in management accounting: budgeting. In this unit, it will require you to show your knowledge of what the variances and rates mean in the written questions.

You must perform excellent decision-making skills, both short term and long term and that you can use various key performance indicators to gather vital information. Is a big unit so don’t disparage this one, but the knowledge gained in this unit is beneficial?

  • Financial Statements

The final bookkeeping unit. It will teach you the critical parts to adjusting in the financial statements on how to read extra information and pluck out the parts that you need. You will learn international accountancy standards and how to follow specific rules when dealing with statements. This unit will also teach you how to deal with group accounts when companies buy a percentage of another company etc.

This unit is one of the most significant groups AAT level 4 so allow yourself enough time to learn everything properly.

  • Professional Level Synoptic

This will teach you about accounting systems and controls. You will give details about a company, and you will have to break the company down financially. Investigate the systems that are currently in place, see what needs improving and offer solutions by putting controls in place based on specific different scenarios.

It is a very wordy unit, so it will need a lot of time and practice to get yourself comfortable answering these types of questions.

The exam is unique as it will also concern questions from the above three units (management accounting: budgeting, management accounting: decision and control, financial statements). So, this will test that you have retained the knowledge from the prior three units.

  • Personal tax: This unit is optional. It allows students to show understanding of how individuals over 16 tax for a range of income type. This unit includes employment income, property income, investment income and capital gains. This unit looks at how to analyse the theories, principles and rules that underpin taxation systems, how to calculate a UK taxpayer’s total income, national insurance and income tax. You will also look at the basics of inheritance tax within this unit.
  • Business tax: AAT Business Tax study materials will help you learn about UK taxation related to businesses. You’ll study how to treat capital expenditure, adjusted profits, the ramifications of late payments, and ethically compute returns. Practice makes perfect activities must pay a smaller number of different taxes so as well as being tested on counting the tax due from a company, many of the tax rules tested. Pass rates for business fees are generally higher than the personal tax, which may be caused by the smaller range of charges verified.
  • Credit Management: This exam has some tasks with a relatively high number of marks per job compared with External Auditing. Some students are less comfortable with more critical questions. The review covers a large proportion of calculations, using performance indicators that you will have seen already in your previous studies and overlap with FSLC. You will have to calculate the performance indicators and then interpret their meaning and then provide a narrative answer about the business seeking credit. Many students find writing long narrative answers quite tricky.
  • Cash and Treasury Management: As described above, there are several overlaps with the mandatory units, which may make your study easier. Some topics are likely to be very new to you; topics which you have not seen in your work experience and therefore may be quite hard for you.
  • External Auditing: There are several tasks the marks per job are relatively small, and therefore the questions may be considered more manageable. This unit usually has undertaken by students who do audit work. The exam tests the International Standards on Auditing but those who work in audit use their firm’s interpretation of those standards. The employers’ interpretations should not be too different from the rules themselves, but there can be differences. You will be used to following your firm’s procedures and using their terminology. These may well be different from those used in the regulations and the exams. If you answer the questions in the exam based on “common sense” and “this is what I do at work” you might well not be presenting the answer in the way that the examiner is looking. You may not be wrong, but your solution won’t be right! You, therefore, need to take extra care to know the terminology and the approach required by the AAT inside out.

Course Entry Requirements

You should be over 19 and be responsible for everything covered by the Foundation Certificate and Advanced Diploma, including double-entry bookkeeping.

Few learners start AAT at the Professional level without doing Foundation/Advanced or a related practical accounting qualification first.

If English is your second language, we advise you have an IELTS 5.5 or equivalent, but we’re happy to evaluate your case on an individual basis.

If you have a criminal history or have been made bankrupt, AAT might not allow you as a member making you unable to sit your exams. Please talk AAT directly for more advice.


The course recognises by the Association of Accounting Technicians (AAT), the UK’s most significant professional body for accounting technicians. AAT skills are the gold standard in practical accounting - they train over 70,000 people almost the world each year, and award more than 90% of all vocational accounting qualifications.

The AAT Professional Diploma in Accounting (AQ2016 Syllabus) is worth 56 UCAS credits. It lies on the Qualifications and Credit Framework at Level 4, or Level 8 in the Scottish practice.

What will you learn from this study?

In this qualification, you will cover more important accounting tasks including drafting financial statements, managing budgets, and evaluating financial performance, as well as optional expert units including business tax, personal tax, external auditing, credit management, cash, and treasury management.

Achieve professional AAT full membership: If you achieve this qualification and fulfil our work experience qualifications, you can apply for AAT full membership and gain professional MAAT status.

Want to get Accounting Work Experience in London?

Employers recognise AAT Qualifications as practical and technical qualifications that prepare students for the world of work and for working individually in accountancy and finance positions. Find out further about where AAT can take you in your profession.

The Professional Diploma in Accounting can point to employment as:

  • Accounts Payable and Expenses Supervisor
  • Assistant Financial Accountant
  • Commercial Analyst
  • Cost Accountant
  • Fixed Asset Accountant
  • Indirect Tax Manager
  • Payments and Billing Manager
  • Payroll Manager
  • Senior Bookkeeper
  • Senior Finance Officer
  • Senior Fund Accountant
  • Senior Insolvency Administrator
  • Tax Supervisor
  • VAT Accountant

Testing and Mocks

We have a stock of materials to encourage you to revise for and pass your exams. All study alternatives come with the following:

  • Knowledge checks: As you go forward, knowledge tests help assess your understanding of a subject before you move onto the next one.
  • Progress tests: These are quick tests based on critical topics to get you ready for sitting the mock exams.
  • Mock exam: Prepare your exam technique with mock exams with the look and the feeling of the real exam, so you can continually monitor your progress.
  • Additional video learning support: If you’re examining Classroom, Live Online or On Demand, you’ll get access to the full On Demand learning modules, found on Future Connect.

Why is this Course right for you?

  • Increase your salary: 77% of learners say studying AAT raised their earning potential.
  • Originate your own business: take on senior positions or run your accounting practice.
  • Fast-track Chartered status: follow the fast-track with the significant UK Chartered Accountancy groups.
  • Enhance your credibility: gain professional MAAT/FMAAT status with the right knowledge.

Why Future Connect to Examine AAT Level 4?

Future Connect Training is an Award-winning training centre with ACCA, CIMA, and AAT passed educators who help to give skilful training and learning. Our experts will guide you the units of Accounts Assistant Training that will drive you on Accruals, Prepayments, Asset registers, Depreciations, and many more. Our careful created education experience furnishes you with the most advantageous possibility of clear the AAT exams and acquiring your acceptability. Our training systems of Accountancy will intensify your self-confidence by refining in a real-life context.

Additionally, there are a lot of benefits to entering the Future Connect Training Centre: -

  • AAT Approved coaching centre
  • List with BAC
  • Our CPD Certified teachers give practical hands-on training.
  • Certification and references from Future Connect Chartered Accountants
  • Online entrance to VLC (Virtual Learning Campus)
  • Required software training to improve your practical experience.
  • Getting MAAT Status
  • Several years of experienced instructors will help you throughout the program with one-to-one support.
  • We will assist you with globally-recognised accounting software like Sage, XERO, QuickBooks, VT, Auto Entry, Iris, Forbes, and many more.
  • Provides reading material and videos for a better knowledge of the course content
  • A dedicated e-portfolio to schedule your application at our East, West, North London, and Birmingham offices
  • Helps to obtain a work placement, which will give you real-time experience.
  • Reliable job placement
  • Recruitment support, CV preparation, and give you a mock training for the interview.
  • We support multiple payment options, including Debit card, Credit card, PayPal, Cash, and Bank Transfer.

How Do I Enrol?

Get in connect with our AAT Advisors or accounting recruitment agencies on 0203 7908674.They’ll talk through your knowledge and skills to make sure you’re picking the right course, then get you registered with an interest-free debt plan.