The AAT Level 3 Diploma in Business is the third in a four part business qualification system that requires an applicant to have achieved a specified set of qualifications. It is intended as an alternative to the AAT Level 2 and covers those candidates who have not passed the first two sections of the qualification. Candidates wishing to enroll for the Level 3 must first register for the course through one of the accredited university exams and then complete the course by successfully passing three section exams. These three parts are the foundation or core modules which cover topics such as human resources, business law and banking. They are then followed by elective modules which cover accounting, statistics and managerial communications and finally the final examination which comes back form a global test. Candidates who successfully complete the four modules in the AAT Level 3 Business Degree will receive their certificate.
The AAT Level 3 in Business comprises a course in global and comparative market information, which covers international competition and policies and procedures to counter these differences. This part of the qualification focuses on financial accounting and costing, with an introduction to international standard cost and methodologies. The final chapters of the level 3 in business include a detailed discussion on best practice methods in costing and business decisions, which includes case studies. The final accounts preparation part of this qualification gives candidates a detailed explanation of how to apply the principles learned from accounting and finance to a wide variety of business decision making scenarios check over here.
In order to earn a degree at level three in business, candidates need to achieve either a First Class AAS qualification or a Bachelor of Science (BS) in Business Administration from a UGC recognised University. At this point candidates need to consider whether they need additional qualifications in order to take up a role within an accounting firm. If a candidate does not achieve their specific aat level 3 in business from a recognised University then they may be able to achieve their objective by undertaking a foundation degree course at a university. The foundation degree course in Business Administration offers a foundation for anyone wishing to progress into a Masters or further qualifications in business.
It should be noted that whilst undertaking a foundation degree at University is likely to give candidates enough knowledge to begin their careers in accounting, this qualification is not essential for those who wish to progress to AIT or Bats. Anyone intending to progress through the ranks at a Chartered Institute of Chartered Accountants (CIC) can also register with a university and take AIT or Bats at a later stage. At the time of completing their foundation degree they will have gained enough knowledge to enter into the profession of chartered accountants. After this, candidates will have gained a good deal of experience in the profession by undertaking junior roles within a firm. Candidates can then continue to gain qualifications and teach at university or college. Alternatively they could decide to go into the security industry.
As a level 3 assistant accountant, you would have been expected to be able to carry out basic bookkeeping duties. These should be completed quickly followed by accounting tasks such as financial records or cash flow analysis. You would have been expected to be able to understand the significance of journal entries and balance sheets. A good degree level has taught you to read a spreadsheet and use spreadsheets to calculate financial statistics such as ROI and profit margin. Additional accounting skills such as budgeting and financial reporting would also have been taught view publisher site.
When you complete your AIT or Bats degree you will have gained enough practical knowledge to enter a final accounts preparation role. These roles involve preparing and updating financial reports for managers, proprietors and shareholders. A final accounts specialist is usually required to undertake one-to-one audits in a firm. A bookkeeper is also a part of the final accounts preparation team but does not carry out the actual audit work. As a level 3 bookkeeper, you would have completed your bookkeeping duties.