AAT exams list 2024: a comprehensive guide

Covers a number of key business concepts and their application within an external and internal setting. Also includes an understanding of the legal system, principles of contract law and implications of setting up a business, while reviewing wider business matters

Takes a detailed look at manual and digital bookkeeping systems, with associated documents and processes. You will learn about the double-entry bookkeeping system and ensuring the accuracy of invoices, credit notes, remittance advices, statements of account and petty cash vouchers

Follows knowledge from the Introduction to Bookkeeping module to further assess control accounts, journals and reconciliations. You will cover the practices used to verify and validate entries while developing expertise in use of the journal for redrafting a trial balance, following initial adjustments

This introduction to the principles of basic costing also reviews the expertise required for advanced costing and management accounting. You’ll also cover the significance of the costing system as an information source that enables decision-making and cost control

Learn how an organisation and its environment affects structure, the accounting function and performance. Includes further analysis on types of business, rights of stakeholders and responsibilities, alongside the concepts of risk management

Learn how to produce statements of profit or loss and financial position for sole traders and partnerships using a trial balance. Develop an understanding of how final accounts are produced, either manually or automatically, through accounting software

Discover the dynamics behind the role of management accounting, and how it is utilised for decision-making in an organisation. Explores key principles behind management accounting methodology and techniques, how costs are handled, and why organisations treat costs in different ways

Review the tax processes that affect the operations of businesses, to develop skills that comprehend preparing and submitting VAT returns to HMRC. Includes details that cover keeping businesses, employers and clients compliant with laws and practices on VAT and payroll

Learn how the budgetary process works while understanding how to construct budgets, pinpointing areas of success and concern to stakeholders. It also explores the skills to analyse performance while offering relevant advice. Covers issues around short-term and long-term decision-making

Learn how to draft financial statements of single limited companies and consolidated financial statements for groups of companies. This ensures working knowledge and understanding of international accounting standards, which are relevant when financial statements are being drafted

Learn about intricacies of the accounting function, including key stakeholders who use financial reports to inform and make decisions. Analyse accounting systems to identify vulnerabilities and suggest recommendations to mitigate against weaknesses in future operations

Discover the UK taxation options relevant to business, while learning how to compute business taxes for sole traders, partnerships and limited companies against a backdrop of identifying tax planning opportunities and understanding the importance of maintaining ethical standards

Understand the importance of managing cash within an organisation, while reviewing the skills required to make measure calls on financing and investment in accordance with key policies and regulations

Includes application on the principles of effective credit control systems, including appropriate debt management systems. With credit terms being offered to customers by organisations, it is crucial to determine risks on all potential credit customers.

Gain a further understanding of the principles and concepts of audit and assurance services, including legal and professional rules. Also develops awareness of the audit process from planning and risk assessment to completion and production of the final audit report

Covers the most common taxes for UK taxpayers in income tax, capital gains tax and inheritance tax. Involves management in computational aspects of these taxes and appreciates how individuals can legally streamline their overall taxation liability

Learn about manual and digital bookkeeping systems, including associated documents and processes. Introduces the double-entry bookkeeping system and covers how to check the accuracy of invoices, credit notes, remittance advices, statements of account and petty cash vouchers

Follows on from Introduction to Bookkeeping knowledge and covers control accounts, journals and reconciliations. Also reviews the processes used to verify and validate entries while understanding use of the journal in relation to redrafting the trial balance, following initial adjustments