AAT Professional Diploma (Level 4)
The AAT Professional Diploma builds on the knowledge you gained in the Advanced Diploma (Level 3). It is the final level, teaching you more complex accounting theory, and lets you choose two specialist subjects. You’ll learn about budgeting, management accounting, preparing financial statements, accounting systems, and tax.arrow_downwardView entry requirements arrow_downwardView syllabus arrow_downwardView course overview
The course is made up of three mandatory subjects, one synoptic unit, and five optional subjects. You must pass all the mandatory assessments, synoptic assessment, and two optional unit assessments to achieve the qualification.
If you have a university degree in accountancy, or related, we recommend that you move straight onto ACCA, CIMA, or ACA.
You'll need to have completed AAT Advanced (Level 3).
Please be aware, you can only buy up to four subjects in a six month period.
You’ll learn about budgeting, management accounting, preparing financial statements, accounting systems, and tax.
Subjects (9)Compare study methods
Financial Statements of Limited Companies (FSLC)Essential
You’ll learn about drafting financial statements for single entities and consolidation of limited companies. You will also gain the skills to interpret the financial statements of limited companies, using ratio analysis.
Management Accounting: Budgeting (MABU)Essential
You’ll learn how to budget for business activities, set targets and plans, and monitor results. You’ll strengthen your skills in management accounting, statistical analysis, written communication and variance analysis.
Management Accounting: Decisions and Control (MDCL)Essential
This unit will prepare you to liaise with business managers to prepare basic or standard budget costs, create budgetary reports, control reports, and standard costing control reports.
Professional Synoptic Assessment (PDSY)Essential
You’ll demonstrate your understanding by evaluating internal control systems within a business, and make recommendations to any weaknesses you find, to minimise the risk of loss.
Personal Tax (PLTX)Optional
You’ll learn about taxation that affects UK tax payers - income tax, national insurance, capital gains tax, and inheritance tax. You’ll also learn about deductions and reliefs, and how UK taxpayers can minimise their tax legally.
Business Tax (BSTX)Optional
You’ll learn about UK taxation related to businesses. You’ll learn how to treat capital expenditure, adjust profits, the ramifications of late payments, and compute returns in an ethical manner.
Credit Management (CDMT)Optional
You’ll learn the principles of effective credit control in an organisation, find solutions to breaches of contracts, and describe terms and conditions with customers.
Cash and Treasury Management (CTRM)Optional
You'll learn how to identify how cash moves in a business in order to accurately prepare cash flow forecasts. You'll gain the practical skills to identify ways to raise finance or also invest surplus funds in order to maximise the wealth of the business.
External Audit (ETAU)Optional
You’ll learn about external auditing of a financial statement, and understand the importance of internal controls. You’ll be able to conduct an external audit, including planning, gathering sufficient and appropriate evidence.
Timetables and study methods
Study methods available for this level
The benefits of a traditional classroom but with the flexibility of an online environment. Live interactive classes at a scheduled time delivered by expert lecturers following the same exam focused material and structure as traditional classroom courses.
OnDemand gives you the flexibility to study when and where you want, with unique online resources designed to give you structure, keep you motivated, and cement your understanding of the subject.
Exams and sittings
Timings and working towards a sitting
You must pass all the mandatory assessments, synoptic assessment, and two optional unit assessments to achieve the qualification. You’ll be awarded a grade (pass, merit, or distinction) based on how you perform across the qualification. Unit and synoptic assessments are not awarded grades individually, but the marks achieved in all assessments contribute to your overall grade for the qualification.
All assessments are computer-based exams and have a time restriction. Some assessment questions contain tasks that require a written answer, such as in the synoptic assessment. You should complete your studies for all mandatory units before you attempt the synoptic assessment. While the units do not need to be completed in a specific order, we recommend that you proceed through them in the order they appear.
How long does it take to pass?
Most students complete this level within 18 months, however this can vary depending on the study method you choose.
Study materials and delivery costs
Live Online and OnDemand students will receive printed and online study materials.
Materials included in every complete course:
A textbook covering the full subject syllabus with worked examples and activities.
The integrated workbook helps you work through the syllabus, with room to write your notes. It helps you keep everything in one place to make it easy to study and revise from.
The exam kit gives you plenty of exam style questions and answers to test your knowledge and practice.
Our AAT pocket notes are pocket-sized, brief revision notes that highlight and prioritise the essential topics you need to understand to pass your AAT exams.
Online syllabus coverage
Covers key topics online, that can be accessed whenever you want.
Learning and assessment plan / study programme
Outlines the course structure.
To buy the materials separately
You can buy AAT approved books for each subject on this level from Kaplan Publishing.
How much it costs to deliver your study materials and how long it takes depends on where in the world you live.
Delivery fees are as follows:
Malaysia - 160RM
Rest of Asia/America - $47
All other countries - 25EUR
Our standard delivery times are:
Malaysia - 3 to 5 working days*
EU – 5 to 7 working days*
Rest of the World – 7 to 10 working days*
*Subject to availability.
Delivery charges apply to all OnDemand and Live Online courses which include printed materials. If delivery charges are applicable for your course, they will be shown during the online checkout process, before you complete your payment details.
We’ll support you every step of the way throughout your learning experience with us. You can contact a tutor and get the help you need quickly and easily.
Provided by our Academic Support team (our dedicated team of expert tutors):
- LiveChat (instant feedback)
- Email (we'll get back to you within 4 hrs)
- Online community (we’ll get back to you within 4 hrs)
Testing and mocks
We have a wealth of materials to help you revise for and pass your exams.
All study methods come with:
As you go along, knowledge checks help assess your understanding of a topic before you move onto the next one.
Practice your exam technique with mock exams with the look and the feel of the real exam, so you can continually check your progress.
These are short tests based on key topics to get you ready for sitting the mock exams.
Additional video learning resources
You’ll get access to the full video learning modules, found on MyKaplan.
MyKaplan: online learning environment
MyKaplan is an online learning portal with practical resources to help you prepare for your exams.
- View your online materials in one place and access your content in a few clicks
- Contact a tutor directly using live chat or email
- Complete tests and get instant feedback
- Take part in forum discussions with students and tutors and find answers to common questions
- See instantly when your assessments have been marked
- Access on mobile, tablet, computer or through the dedicated mobile app
- Access to VideoBank - hundreds of tutor-led videos to help you get the most out of your course.
Your chosen study method determines how long you can access your content for. All extensions are for existing content and do not include any updated content.
Six months from last course date, with one three month free extension on request.
15 months from enrolment date, with one month’s free extension on request.