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In this unit you will study how to draft financial statements of limited companies while following underlying accounting concepts and international financial reporting standards. You will also interpret the statements using financial ratios.
For further information on the AAT courses and qualifications, visit the AAT website.
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You will also need to purchase an AAT student membership at the appropriate level for your course. The membership fee lasts for the whole duration of the qualification. Please visit aat.org.uk for current membership fees and payment information.
This unit provides you with the skills and knowledge for drafting the financial statements of single limited companies and consolidated financial statements for groups of companies. It ensures that you will have a proficient level of knowledge and understanding of international accounting standards, which will then be applied when drafting the financial statements. You will also have a sound appreciation of the regulatory and conceptual frameworks that underpin the preparation of limited company financial statements.
You should hold an AAT Level 3 qualification in Accounts or a Degree in Accounting.
You will be assessed by an external exam on campus.
Full membership of the AAT and entry for ACCA, ICAEW or CIMA qualifications upon completion of the full qualification.
Please get in touch to find out about the financial support that may be available to your to pay for course fees,
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We’ve got a great student support network offering advice and guidance on careers and future employment, finance, health and welfare, additional learning support and much more.
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