Course overview
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This AAT Level 4 Diploma in Professional Accounting course has been designed for experienced, knowledgeable accountants who are looking to take their careers to the next level. During your studies, you’ll explore several mandatory topics, as well as two specialist units which you can choose from the list of optional units. AAT is the world’s leading professional membership body for accounting technicians, working with members around the world. Their accounting courses are highly sought-after and as an AAT qualification, this accredited accounting qualification will help you to progress in your career. You will need to complete your AAT exams to complete and achieve your qualification. You can choose to add your AAT exams to your enrolment. If you do not add your exams to your enrolment, you will be responsible for booking and paying for your exams.
Job outcomes
- Professional Accounting Technician
- Assistant Auditor
- Assistant Management Accountant
- Commercial Analyst
- Payroll Manager
- Cost Accountant
- Indirect Tax Manager
- Payments and Billing Manager
- Tax Supervisor
- VAT accountant
Study method
- Online
- Blended
- In-class

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Entry requirements
It is recommended you have either completed Level 3 Advanced Diploma in Accounting or are already working within an accounting role. We also recommend you have basic levels of Maths and English in order to complete the course.
Course features
- Comprehensive study guide
- Dedicated personal tutor support by email
- Dedicated student support
- Assignment marking and feedback
- Open Study College Pen and Highlighter
- Student study planner
- Student notebook
- Document wallet
- Free CV critique service
- Free employability guide to help you impress future employers
- Free XO Student Discounts card
Assessment
There are 6 tutor-marked assessments, 5 unit exams (3 of which are mandatory units) and 1 synoptic assessment.
Students will need to complete three-unit exams from the mandatory units and a synoptic assessment in order to gain the full qualification. Students must then take exams for each of the two optional units they have chosen to complete.
The assessments are to be taken on a computer and include multiple-choice, numeric gap fill and written answers. There will also be question tools that will replicate practical activities in the workplace, for example making entries in a journal.
Each exam has a time restriction and will take place at an AAT approved assessment centre under controlled conditions.
Unit and synoptic assessments are not awarded grades individually, but the marks achieved in all assessments contribute to the student’s overall grade for the qualification.
Delivery
Once you enrol, you will receive all course materials by post and receive full tutor support for a year by email. Once you have registered with AAT you will also have access to online resources and additional support materials, including sample assessments.
Students need to take 6 units in order to complete the course
The mandatory units are:
- Management Accounting: Budgeting
- Management Accounting: Decision and Control
- Financial Statements of Limited Companies
- Accounting Systems and Controls
Students may then choose from:
- Business Tax
- Personal Tax
- External Auditing
- Cash and Treasury Management
- Credit Management
Subjects
GLH = Guided Learning Hours
- Prepare forecasts of income and expenditure
- Prepare budgets
- Demonstrate how budgeting can improve organisational performance
- Report budgetary information to management in a clear and appropriate format
- Prepare forecasts of income and expenditure
- Prepare budgets
- Demonstrate how budgeting can improve organisational performance
- Report budgetary information to management in a clear and appropriate format
- The reporting frameworks and ethical principles that underpin financial reporting
- Key features of a published set of financial statements
- Statutory financial statements for a limited company
- Consolidated financial statements
- Interpret financial statements using ratio analysis
- The role and responsibilities of the accounting function within an organisation
- Internal control systems
- Evaluate an organisation’s accounting system and underpinning procedures
- Recommendations made to improve an organisation’s accounting system
- Complete tax returns for sole traders and partnerships and prepares supporting tax computations
- Complete tax returns for limited companies and prepare supporting tax computations
- Provide advice on the UK’s tax regime and its impact on sole traders, partnerships and limited companies
- Advise business clients on tax reliefs, and their responsibilities and their agent’s responsibilities in reporting taxation to HMRC
- Prepare tax computations for the sale of capital assets
- Analyse the theories, principles and rules that underpin taxation systems
- Calculate a UK taxpayer’s total income
- Calculate income tax and National Insurance (NI) contributions payable by a UK taxpayer
- Account for capital gains tax
- Discuss the basics of inheritance tax
About Open Study College
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Established in 2007, Open Study College (OSC) is a distance learning course provider that has helped over 120,000 learners take the next step towards achieving their ambitions.
With over 700 courses, ranging from A Levels and GCSEs through to childcare and beauty therapy — there’s something for everyone. All of their qualifications are independently accredited by established awarding organisations, fully equipping you for the future.
Why choose Open Study College?
Whether you’re in full-time work or have family commitments, distance learning at OSC provides the flexibility to create a study schedule that fits around the busy demands of day-to-day life. Accomplish your goals — at your pace, on your terms.
You will also receive the best possible support from the uber-friendly learner services team, as well as guidance from expert tutors who are on hand to answer any queries you might have throughout the duration of your course.
What makes Open Study College different?
Born from a genuine passion to improve the lives of others through education, OSC is a family-run business with decades of experience in the education and distance learning industry.
Seeking a career change? Didn’t get the exam results you wanted? Looking to learn a new skill? Your learning journey has no end at Open Study College. Enrol on one of their courses today and forge the future you’ve always wanted — all from the comfort of your own home!
Additional benefits
As an Open Study College learner, your benefits will include an XO Student Discounts membership, exclusive savings on future courses and a complete range of career support — including a free CV critique service, a free employability guide, and job-hunting help from their recruitment experts.