Intermediate - Diploma in Accounting

The AAT Accounting Qualification 
Level Intermediate
Qualification Level 3 Diploma in Accounting
Level 6 Diploma in Accounting - Scotland

The aim of this qualification is to enhance the skills developed in the introductory level. You’ll master more complex financial processes, including final accounts for sole traders and partnerships, reports and returns and professional ethics.

As a standalone qualification, or as a first step towards the intermediate and advanced levels, it will allow you to move up to further study in accountancy and finance.

Get your AAT Accounting Qualification info pack

Who it's for

The intermediate level will suit you if:

  • You’ve completed the introductory accounting level and would like to build your skills
  • You’re already working in finance and you’d like a formal recognition of your skills
  • You would like to go onto be an AAT full member or study for chartered status

How long you'll study

AAT qualifications offer a flexible way to study, so you can study full-time, part-time, from home or online.

You will spend about a year on each level, but depending on your study method or course timetable it may be as little as six months.

How much it'll cost

Depending on how and where you study, costs break down into training provider fees and AAT fees. Financial support may be available to help cover some of these costs.

Find out about AAT qualifications fees

What you’ll learn

The intermediate level consists of six units:

Accounts preparation

  • Understanding accepted principles of accounting and double-entry bookkeeping
  • Understanding accounting methods of recording non-current assets
  • Accounting for purchase of non-current assets
  • Accounting for depreciation and adjustments
  • Accounting for disposal of non-current assets
  • Preparing and extending the trial balance.

Prepare final accounts for sole traders and partnerships

  • Understanding the process involved in preparing final accounts
  • Preparing accounting records from incomplete information
  • Producing final accounts for sole traders
  • Understanding partnerships’ legislative and accounting requirements
  • Preparing a statement of profit or loss appropriation account
  • Preparing a financial position statement relating to a partnership.

Cost and revenues

  • Understanding an organisation’s costing systems
  • Recording and analysing cost information
  • Apportioning costs to organisational requirements
  • Analysing budget deviations and reporting these to management
  • Using information gathered from costing systems to assist decision making.

Professional ethics

  • Understanding principles of ethical working
  • Understanding ethical behaviour when working with internal and external customers
  • Understanding when and how to take appropriate action following suspected ethical codes breaches
  • Understanding the ethical responsibility of finance professionals in promoting sustainability

Indirect tax

  • Understanding VAT regulations
  • Completing VAT returns accurately and on time
  • Understanding VAT penalties and adjusting for previous errors
  • Communicating VAT information.

Spreadsheets software

  • Using a spreadsheet to enter, edit and organise numerical and other data
  • Selecting and using appropriate formulae and data analysis tools and techniques
  • Presenting, formatting and publishing spreadsheet information.

Possible jobs after completing this qualification

  • Accounts Assistant
  • Accounts Payable and Expenses Supervisor
  • Accounts Payable Clerk
  • Assistant Accountant
  • Audit Trainee
  • Bookkeeper
  • Corporate Recovery Analyst
  • Credit Controller
  • Finance Assistant
  • Insolvency Executive
  • Payroll Administrator
  • Payroll Supervisor
  • Practice Bookkeeper and Payroll
  • Tax Accountant
  • Tax Assistant

Potential salary

After completing the intermediate level of the AAT Accounting Qualification your typical salary range will be between £11,000 to £24,000.

This salary range is taken from AAT’s 2013 Salary Survey for people working full-time. The range represents the middle 75% at this level of the qualification.

Get started

Follow these simple steps to get started:

1. Choose a training provider

Read how to choose the right training provider for you.

Use our search tool to find an AAT approved training provider.

Contact the training provider to discuss your chosen qualification and confirm your level of entry.

2. Enrol

Enrol with the training provider and pay the fees. Each training provider will provide you with details of their registration process and fees. Read more about qualifications fees here. 

3. Register with us

Once you have enrolled you need to register with us as a student. This is essential so that you can sit AAT assessments and access study resources.

Register now

What next?

After successfully completing the intermediate diploma in accounting you can study: