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Level 3 AAT Financial Accounting: Preparing Financial Statements

Course Overview

As an employed accountant, it is likely that you will be responsible for preparing a portion or all the final accounts for your business. This Level 3 Financial Accounting unit can help you gain the skills, ethical principles, and theoretical knowledge to prepare financial statements either manually or automatically. This AAT qualification is delivered online and is the perfect foundational prelude to completing Level 4 Drafting and Interpreting Financial Statements.

What is AAT? AAT (Association of Accounting Technicians) is the world’s leading professional body for bookkeeping and accounting with over 130,000 members worldwide. Their qualifications are developed in consultation with employers and will equip you with the key financial skills modern businesses are currently looking for, plus they are the perfect starting point for a successful, rewarding career in accounting and finance.

Please note: This is a revision resource, not a qualification, and it does not include any examination fees. This resource is designed to aid preparing for an exam.

If you wish to use these units towards sitting your AAT exam, it is important to register with AAT before completing these standalone units, so the GLH is counted towards your overall qualification.

Key Information

Course Length
150 hours

Course Level
Level 3

Awarding Body
AAT

Learning Method(s)
Online materials
Online assessment

For Individuals

Full Cost Price
£220.00

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Unit 1

This unit provides students with the skills required to produce statements of profit or loss and statements of financial position for sole traders and partnerships using a trial balance. Students will learn about period end adjustments and reconciliations. They will also be able to interpret financial statements using profitability ratios.