Level 3 Diploma in Accounting (Scotland Level 6)

AAT Level 3 Diploma in Accounting is the intermediate level of the AAT Accounting Qualification. It offers technical training in accounting and its main purpose is to provide students with specialist knowledge and skills to gain employment in an accounting role and / or the opportunity to progress to further qualification in accountancy or a related field.

At this intermediate level, you’ll master more complex financial processes, including final accounts for sole traders and partnerships, reports and returns and professional ethics.

Once you’ve completed the intermediate level, you’ll be awarded the AAT Level 3 Diploma in Accounting (Level 6 in Scotland).

More information about the Diploma in Accounting:

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.

What sort of job could I expect after completing the intermediate level?

  • 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.

What's my potential salary?

After completing the advanced level of the AAT Accounting Qualification, you could earn on average £19,000 a year.

This salary represents the average (median) for AAT members (Non-AAT Licensed Accountants) working full-time and is taken from the AAT Salary Survey 2019. 

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

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