Course Duration:
  5 days, 3 hrs per day.
Mode of Study:
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The AAT is a global qualification with around 130,000 members in over 90 countries. AAT qualifications are universally respected and internationally recognised, and AAT members are represented at every level of the finance and accountancy world with members in senior positions in industrial sectors and those operating on a self -employed.

The AAT is sponsored by the chartered accounting bodies CIPFA, ICAEW, CIMA and ICAS.

The London School of Business & Finance aims to offer a flexible E-learning course to students to help them gain the knowledge and skills necessary for them to attempt the relevant exams of the AAT, should they choose to do so. The core of the preparation programme is pre-recorded lectures with experienced tutors, which are made available to students for their viewing and learning throughout the duration of the course. LSBF provides students with this facility through an online learning platform named Canvas, where all recordings and lecture materials are made available to students.

The purpose of the AAT Professional Diploma in Accounting (L4) is to enhance the skills developed from the AAT Advanced Diploma in Accounting, enabling students to maximise opportunities in their current or new employment. By studying for this qualification, students will acquire professional accountancy and finance skills that will be useful throughout their careers.

Upon completion, this qualification will enable students to look at and become comfortable with a wide range of financial management skills and applications, and gain competencies in: drafting financial statements for limited companies; recommending accounting systems strategy, and constructing and presenting complex management accounting reports. Students will also learn about specialist areas such as tax, auditing, credit management, and cash and treasury management.

Admission Requirement:

At least a pass at GCE A Level (C6 or above) for English and Maths; and

- Pass in AAT Advanced Diploma in Accounting – Level 3; and

- Pass in AAT Advanced Certificate in Bookkeeping – Level 3

- Minimum age: 18 years

There are four mandatory units and two specialist units (from a choice of five options) under this qualification as follows:


The mandatory units are:

  • Management Accounting: Budgeting
  • Management Accounting: Decision and Control
  • Financial Statements of Limited Companies
  • Accounting Systems and Controls.

The optional units are:

  • Business Tax
  • Personal Tax
  • External Auditing
  • Cash and Treasury Management
  • Credit Management.

Out of the Six required units within this qualification, three mandatory units and two optional units are assessed individually in end-of-unit assessments. This qualification also includes a synoptic assessment that students sit towards the end of the qualification, which draws on and assesses knowledge and understanding from across the qualification.


This qualification is suitable for those who have completed the AAT Advanced Diploma in Accounting and who would like to continue to build their accounting skills, or those who are already working in finance and would like a formal recognition of their skills, or those who would like to go on to become an AAT full member and/or study for chartered accountant status or those who would like to start their own business through the AAT-licensed member in practice (MIP) scheme.



Learning Outcome

Management Accounting: Budgeting


1.    Prepare forecasts of income and expenditure

2.    Prepare budgets

3.    Demonstrate how budgeting can improve organisational performance

4.    Report budgetary information to management in a clear and appropriate format


Management Accounting: Decision and Control


1.    Analyse a range of costing techniques to support the management accounting function of an organisation

2.    Calculate and use standard costing to improve performance

3.    Demonstrate a range of statistical techniques to analyse business information

4.    Use appropriate financial and non-financial performance techniques to aid decision making

5.    Evaluate a range of cost management techniques to enhance value and aid decision making.


Financial Statements of Limited Companies


1.    Demonstrate an understanding of the reporting frameworks and ethical principles that underpin financial reporting

2.    Demonstrate an understanding of the key features of a published set of financial statements

3.    Draft statutory financial statements for a limited company

4.    Draft consolidated financial statements

5.    Interpret financial statements using ratio analysis


Accounting Systems and Controls

1.    Demonstrate an understanding of the role and responsibilities of the accounting function within an organisation

2.    Evaluate internal control systems

3.    Evaluate an organisation’s accounting system and underpinning procedures

4.    Analyse recommendations made to improve an organisation’s accounting system



Optional Modules

Learning Outcome

Business Tax


1.    Complete tax returns for sole traders and partnerships and prepare supporting tax computations

2.    Complete tax returns for limited companies and prepare supporting tax computations

3.    Provide advice on the UK’s tax regime and its impact on sole traders, partnerships and limited companies

4.    Advise business clients on tax reliefs, and their responsibilities and their agent’s responsibilities in reporting taxation to HMRC

5.    Prepare tax computations for the sale of capital assets


Personal Tax


1.    Analyse the theories, principles and rules that underpin taxation systems

2.    Calculate a UK taxpayer’s total income

3.    Calculate income tax and National Insurance (NI) contributions payable by a UK taxpayer

4.    Account for capital gains tax

5.    Discuss the basics of inheritance tax


External Auditing


1.    Demonstrate an understanding of the principles of auditing

2.    Demonstrate the importance of professional ethics

3.    Evaluate the audited entity's system of internal control

4.    Evaluate audit procedures for obtaining audit evidence

5.    Evaluate the planning process

6.    Evaluate audit procedures


Cash and Treasury Management


1.     Use statistical techniques and financial information to prepare forecasts of cash receipts and payments

2.     Prepare cash budgets and monitor cash flows within the organisation

3.     Evaluate the principles of cash management within the context of regulation and government monetary policies

4.     Evaluate ways of raising finance in accordance with organisational requirements

5.     Evaluate ways of investing surplus funds within organisational policies


Credit Management

1.    Analyse relevant legislation and contract law that has an impact on the credit control environment

2.    Critically analyse information from a variety of sources to assess credit risk and grant credit in compliance with organisational policies and procedures

3.    Evaluate a range of techniques to collect debts

4.    Critically evaluate credit control in line with organisational policies and procedures

5.    Present advice and recommendations to management on the credit control system



  • Teo Hwee Leng
    I chose LSBF because I heard about LSBF Singapore from friends who gave positive reviews. The lecturers are very professional and cheerful.

    Teo Hwee Leng

    Financial Analyst

    Teo Hwee Leng
  • Justin Jinyuan Tan
    LSBF is a Platinum provider which is one of the main reasons why I chose to study ACCA with LSBF Singapore.

    Justin Jinyuan Tan


    Justin Jinyuan Tan
  • Tou Ryo
    before coming to LSBF, I couldn’t score above a 5 on the IELTS. After two months in LSBF’s English course, I got a score of 6 and was accepted into my degree programme in the U.S.

    Tou Ryo


    Tou Ryo
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