AAT Bookkeeping A guide to help you succeed · Bank reconciliation e-learning module ... AAT...

AAT BookkeepingA guide to help you succeed

There are three levels of the Bookkeeping qualification; introductory, intermediate and advanced. Each level is a stand alone qualification and the full three levels will give you what you need to become a professional bookkeeper. And we’ll be here to help you through your studies and support you every step of the way.

On completion of the Advanced Certificate in Bookkeeping and Ethics, become an AAT Bookkeeper to gain the designatory letters AATQB. You can start your own bookkeeping practice or use these skills to progress in any organisation.

Your AAT journey

Advanced Bookkeeping

Bookkeeping membership

Introductory Bookkeeping

Intermediate Bookkeeping

2 To access these study support materials, visit aat.org.uk/support

http://aat.org.uk/support

As part of your student subscription, you also have access to loads of other great resources to help you on your way.

Find out more…

…about getting ready for your assessments and access to our online support materials at aat.org.uk/support

AAT support

Sign up for a MyAAT account to access exclusive services and resources.

Visit our social media channels for help and advice from other AAT students.

Attend a study support event; they’ll help develop your learning and give you the best foundation to achieve success.

Visit AAT forums for accountancy help and advice.

Interactive tutorials are online sessions that allow you to quickly gain the knowledge and skills you need.

Our Excel e-learning allows you to practice the skills that are relevant to you and develop your understanding of what Excel can do for you as a finance professional.

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Contents

Introductory – Award in Bookkeeping 6

Introduction to bookkeeping (BKAC) 7

Working within bookkeeping (BKAC) 8

Bookkeeping and accounts (BKAC) 9

Spreadsheet software (SPRS) 11

Intermediate – Certificate in Bookkeeping 12

Processing bookkeeping transactions (PBKT) 13

Control accounts, journals and the banking system (CJBS) 14

Advanced – Certificate in Bookkeeping and Ethics 15

Professional ethics (PETH) 16

Accounts preparation (ACPR) 17

Prepare final accounts for sole traders and partnerships (FSTP) 18

Spreadsheet software (SDST) 19

AAT bookkeeping membership 20



By completing AAT’s three Bookkeeping qualifications, you’ll learn everything from an introduction into the principles of manual bookkeeping and the common terminology, through to the knowledge of double-entry bookkeeping, control accounts, journals and preparing final accounts. These three levels will give you all the knowledge you need to be a qualified bookkeeper. You may then wish to progress onto bookkeeping membership to gain the designatory letters AATQB.

As an AAT Bookkeeper you’ll have the option to start your own bookkeeping practice, or use the skills and professional recognition to progress in any organisation.

Benefits of studying AAT Bookkeeping

• Provides you with the skills and knowledge you need to develop a healthy business or become a professional bookkeeper.

• Helps you to develop specialised and transferable skills that can be used to improve your career prospects.

• Enables you to gain spreadsheet software skills to enhance your job prospects.

• Gain recognition of your skills with AAT bookkeeping membership and the designatory letters AATQB.

AAT Bookkeeping

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The AAT Introductory Bookkeeping qualification introduces you to key single-entry manual bookkeeping skills. It allows you to move up to further study in bookkeeping, accountancy or computerised accounts.

Once you’ve completed the introductory level, you’ll be awarded the AAT Level 1 Award in Bookkeeping.

A guide to help you succeed

If you’re looking for a guide to help you complete your AAT Introductory Bookkeeping qualification, you’ve come to the right place.

This guide highlights all of the study support materials available to help you complete the introductory level and progress on to the intermediate level. It includes an overview of the units and all of the study support materials available for each unit through your MyAAT account.

Support materials are available for all units at the introductory level – this guide helps you make best use of all the resources available to you.

Once you’ve looked at all of the resources, use the checklist so you can keep track of which units you’ve prepared for.

AAT Introductory Bookkeeping

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Introduction to bookkeeping (BKAC)

Overview of unit

Understanding the job role and career path for a bookkeeper.

Understanding different types of business organisations.Knowing the terminology used in bookkeeping.

Study support category

Guidance and standards 2

Sample assessment 2

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Introduction to bookkeeping.

Introduction to bookkeeping study support

Standards: unit specification

Guidance

Sample assessment (questions 1)

Sample assessment answers (questions 1)

To access these study support materials, visit aat.org.uk/support 7


Working within bookkeeping (BKAC)

Overview of unit

Understanding single-entry bookkeeping.

Knowing the general principles of VAT.

Understanding what is meant by both cash and credit transactions.Understanding the principles of coding and batch control.Understanding how to process information in the books of prime entry (excluding the Journal).Understanding responsibilities when working in a bookkeeping environment.


Guidance 1

E-learning 2

Sample assessment 2

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Working within bookkeeping.

Working within bookkeeping study support

Guidance

Completing financial documents e-learning module

General principles of VAT e-learning module





Bookkeeping and accounts (BKAC)

Overview of unit

Knowing how to complete financial documents.

Recording cash and credit transactions in books of original entry.

Preparing bank reconciliation.

Understanding the petty cash imprest system.Extracting a trial balance from ledger accounts.



E-learning 3

Sample assessment 2

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Bookkeeping and accounts.

Bookkeeping and accounts study support


Guidance

Bank reconciliation e-learning module

Completing financial documents e-learning module

General principles of VAT e-learning module



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Samantha Saxon MAAT TaxAssist Accountants

“I loved using the Green Light tests. You do a quick test and it grades you red, amber or green, and then you can keep attempting until all sections are green – it definitely helped identify the main areas I struggled in.”



Spreadsheet software (SPRS)

Overview of unit

Using a spreadsheet to enter, edit and organise numerical and other data.

Using appropriate formulas and tools to summarise and display spreadsheet information.

Selecting and using appropriate tools and techniques to present spreadsheet information effectively.



Sample assessment 2

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Spreadsheet software.

Spreadsheet software study support


Guidance



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The Intermediate Bookkeeping qualification develops your understanding of the bookkeeping principles to advance your career in finance. In particular how to execute the principles of double-entry bookkeeping and understanding journals, control accounts and a trial balance.

Once you’ve completed the intermediate level, you’ll be awarded the AAT Level 2 Certificate in Bookkeeping.


When you complete the AAT Intermediate Bookkeeping qualification, you’ll progress on to the advanced level of the qualification, and the opportunity to become an AAT Bookkeeper.

You’ll find all of the study support materials available to help you complete the intermediate level, and progress on to the AAT Advanced Bookkeeping qualification.

It includes an overview of the units and shows you what study support is available for each unit through your MyAAT account.

Support materials are available for all units at the intermediate level – this guide helps you make best use of all the resources available to you.


AAT Intermediate Bookkeeping



Processing bookkeeping transactions (PBKT)

Overview of unit

Understanding double-entry bookkeeping, integrating books of prime entry and describing coding system functions.

Understanding discounts and settlement, trade and bulk discount differences.

Preparing and processing customer and supplier invoices and credit notes.

Totalling and balancing a three-column analysed cash book.

Totalling, balancing and reconciling petty cash records within an analysed petty cash book.

Processing ledger transactions and extracting a trial balance.



E-learning 3

Green Light test 1

Study support webinar 2

Performance feedback 1

Sample assessment 4

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Processing bookkeeping transactions.

Processing bookkeeping transactions study support


Guidance

Writing up sales and purchases day books e-learning module

Posting from sales and sales returns day books e-learning module

Posting from purchases and purchases returns day book e-learning module

Green Light test

Webinar recording and supporting notes

Assessment performance report





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Control accounts, journals and the banking system (CJBS)

Overview of unit

Understanding the purpose and use of control accounts and journals.

Maintaining and using control accounts and the journal.

Reconciling a bank statement with the cash book.

Understanding the banking process and main services of banks and building societies.

Understanding requirements of retention and storage relating to banking documents.



E-learning 2

Green Light test 1



Sample assessment 4

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Control accounts, journals and the banking system.

Control accounts, journals and the banking system study support


Guidance

Analysed cash payments book e-learning module

Analysed cash receipts book e-learning module

Green Light test









The AAT Advanced Bookkeeping qualification provides you with an advanced knowledge of accounting principles and concepts. In particular preparing financial statements for sole traders and partnerships. You’ll gain advanced spreadsheet software skills, and understand the importance of ethics and sustainability to modern businesses.

Once you’ve completed the advanced level, you’ll be awarded the AAT Level 3 Certificate in Bookkeeping and Ethics and may choose to progress onwards to become an AAT Bookkeeper.


You’ll find all of the study support materials available to help you complete the advanced level of the AAT Bookkeeping qualification in this guide.

It includes an overview of the units and shows you what study support is available for each unit through your MyAAT account.

Support materials are available for all units at the advanced level – this guide helps you make best use of all the resources available to you.


AAT Advanced Bookkeeping

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Overview of unit

Understanding principles of ethical working.

Understanding ethical behaviour when working with internal and external customers.

Understanding when and how to take appropriate action following suspected ethical codes breaches.

Understanding the ethical responsibility of finance professionals in promoting sustainability.



Mapping document 1

E-learning 5

Green Light test 1

Sample assessment 2

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Professional ethics.

Professional ethics study support


Guidance

Mapping document

The Conceptual Framework e-learning module

Conflicts of interest e-learning module

Remuneration and fees e-learning module

Professional appointment e-learning module

Money laundering e-learning module

Green Light test



Professional ethics (PETH)



Overview of unit

Generally accepted accounting principles and concepts.

Understanding accounting methods of recording non-current assets.

Accounting for purchase of non-current assets.

Accounting for depreciation.

Accounting for disposal of non-current assets.Preparing and extending the trial balance.



Mapping document 1

E-learning 6

Green Light test 1



Sample assessment 4

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Accounts preparation.

Accounts preparation study support


Guidance

Mapping document

Control account reconciliations (sales/purchases ledger a/cs) e-learning module

Bank reconciliations e-learning module

Accounting for the part-exchange of non-current (fixed) assets e-learning moduleAdjusting for accrued and prepaid income and expenses in ledger accounts e-learning moduleSuspense accounts e-learning module

Non-current assets and depreciation e-learning module

Green Light test







Accounts preparation (ACPR)

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Overview of unit

Understanding the process involved in preparing final accounts.

Preparing accounting records from incomplete information.

Producing final accounts for sole traders.

Understanding partnerships’ legislative and accounting requirements.Preparing a statement of profit or loss appropriation account.Preparing a financial position statement relating to a partnership.



Mapping document 1

E-learning 2

Green Light test 1



Sample assessment 4

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Prepare final accounts for sole traders and partnerships.

Prepare final accounts for sole traders and partnerships study support


Guidance

Mapping document

Other aspects of partnerships e-learning module

Other aspects of incomplete records e-learning module

Green Light test







Prepare final accounts for sole traders and partnerships (FSTP)



Overview of unit

Using a spreadsheet to enter, edit and organise numerical and other data.

Selecting and using appropriate formulae and data analysis tools and techniques.

Presenting, formatting and publishing spreadsheet information.



Mapping document 1

E-learning 5

Sample assessment 3

Checklist

Use the checklist below to ensure you have accessed all of the support materials available for Spreadsheet software.

Spreadsheet software study support


Guidance

Mapping document

Basic spreadsheet techniques and formatting Worked solution e-learning module

VLOOKUP and HLOOKUP e-learning module

Logical functions e-learning module

Working with numbers e-learning module

Pivot tables, charts and data filtering Worked solution e-learning module

Sample assessment data (questions 1)



Spreadsheet software (SDST)

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Take the next step in your bookkeeping career with AAT bookkeeping membership.

Becoming an AAT Bookkeeper will offer you a variety of opportunities. You’ll gain the designatory letters AATQB to demonstrate your experience and bookkeeping skills to employers, colleagues and clients. You’ll also be able to apply to become a Licensed Bookkeeper to offer self-employed bookkeeping services, regulated and supported by AAT.

Whether you have decided to finish your studies here, or are continuing onto the AAT Accounting Qualifications, you’ll see the benefits of bookkeeping membership.

Why choose bookkeeping membership?

• Gain professional status and recognition with the designatory letters AATQB.

• Join a bookkeeping community, face-to-face and online, to share experiences and advice.

• Keep your skills up to date, with our range of bookkeeping resources from e-learning through to latest policy.

• Become a self-employed bookkeeper, regulated and supported by AAT.

You’ll be eligible to apply for bookkeeping membership once you’ve completed the Level 3 Certificate in Bookkeeping and Ethics*, or the Level 3 Diploma in Accounting.

* Any students taking the Level 3 Certificate in Bookkeeping and Ethics before September 2016 must sit the additional Indirect tax unit to be eligible.

Bookkeeping membership



Call our Customer Service team on +44 (0)20 3735 2468. Lines are open 09.00 to 17.00 (UK time), Monday to Friday. Or to access these study support materials visit aat.org.uk/support

Any questions?

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