What opportunities will this course give me?

Once qualified, students automatically become AAT affiliate members and, with relevant work experience, will qualify for AAT full membership, enabling use of the designatory letters MAAT after their name. However, the primary and most important outcome of this qualification is that it can lead to a wide variety of well-paid accountancy and finance jobs, some of which are professional accounting technician, assistant auditor, assistant management accountant, commercial analyst, payroll manager, senior financial officer, accounts payable and expenses supervisor, assistant financial accountant, cost accountant, fixed asset accountant, indirect tax manager, senior fund accountant, senior insolvency administrator, tax supervisor and VAT accountant. The AAT qualification can give qualified students exemptions towards part of the UKs chartered and certified accountancy qualifications.

What will I be learning?

In todays world, management accountants are not only required to interpret and analyse data to produce reports. They are also required to have the requisite skills to be able to relate their findings to the organisation and provide insightful feedback that will help the business to move forward and achieve its objectives. This unit focuses on the three fundamental areas of management accounting: planning, control and decision making. All organisations rely on the provision of accurate, business-focused information in order to make sound business judgements.

This unit will allow students to understand how the budgetary process is undertaken. Students will be able to construct budgets and then identify and report both on areas of success and on areas that should be of concern to key stakeholders. Students will also gain the skills required to critically evaluate organisational performance.

Students will be equipped with the knowledge and skills across a range of systems that will help to enhance the control environment of the organisation. Appreciating that there are many methods, and understanding how and when it is appropriate to use each of them, will allow students to advise a business in a range of situations.

Students will also gain an appreciation of the methods used to deal with the issues surrounding both short-term and long-term decision making. It is vitally important to understand the different challenges and uncertainties between the two types of decision making. Only by appreciating and incorporating those differences into the analysis produced can a management accountant consider themselves to be an integral part of the decision-making process.

This unit is mandatory in the Level 4 Diploma in Professional Accounting.

Why is this course for me?

Each unit of the full qualification is studied and assessed separately and each unit may take up to 14 - 27 weeks to complete. Successful completion of all units will result in the student being awarded a Professional Diploma in Accounting (Level 4) by the AAT. The course of study is via distance learning. Study text books and online resources are supplied upon commencement and supplemented by administrative email and telephone support from the Distance Learning Coordinator, as well as limited individual 1:1 tutorial upon request. The first three mandated and the two chosen specialist units are assessed individually in end-of-unit computer-based assessments. Exams are taken at the college by way of computer based assessment, the assessment for this module must be taken by the end of the unit learning agreement.

What do I need to sign up?

Applicants must have achieved a Level 3 accounting qualification. Candidates will be required to attend an interview with the course administrator prior to commencing on the course and demonstrate an appropriate standard of Literacy and Numeracy by way of a short assessment. All elements of the course include a significant amount of writing and literacy skills are as critical as numeracy skills. Basic IT skills will also be required.

Is there anything else I need to know?

The Association of Accounting Technicians (AAT) is a professional body and membership is required in order to undertake this qualification. Registration with the AAT must be made upon commencement of the course and will incur an additional cost. This module is available from 01 February 2022.

Text and revision workbooks are provided as well as specialist online resources.

Application Information

Apply by clicking on the APPLY NOW link on this page. Alternatively, you can apply by completing an application form through our Information, Advice and Guidance team by telephone 023 8091 1299 or via email at goplaces@eastleigh.ac.uk.

*Fees will apply if you are over 18. You may be eligible for fee support or a loan. To find out an accurate cost, based on your individual circumstances, please contact our Information, Advice and Guidance team.

Course Code

AC22U4/AMAC

Need some further advice?

If you require further advice and guidance about any course costs and/or the funding options available to you, the College has a dedicated Information, Advice and Guidance team who can be contacted on telephone 023 8091 1299.