AAT Courses: Live Online – Level 4 Accounting


With the Distance Learning Plus – Live Online initiative, we invite you to persistently refine your skills. Attain the highest level of AAT accounting credential to reinforce your ongoing career, or set the foundation for a brand-new direction, all made possible by our video-conferenced home study accounting curriculum.

Please get in touch for a list of available live dates


What’s unique about AAT Distance Learning Plus – Live Online modules?

Experience the merits of traditional classroom-based learning from the confines of your home with Distance Learning Plus – Live Online. This mode negates the need for commuting, saving both time and expenses. If you’re equipped with a device that’s video-conference ready, you’re just a click away from stepping into a virtual learning sphere, accompanied by your tutor and peers.

Opt between various live lecture schedules – be it daytime, evening, or weekends. Engage directly with our tutors in real-time, ensuring a dynamic learning process. Missed a session? We’ve got your back with recorded lectures, enabling you to revisit or make up for lost time. We vouch for this approach as the most conducive, hassle-free, and inspiring method to learn.

Who should consider enrolling?

Distance Learning Plus – Live Online is tailored for individuals who gravitate towards an interactive, classroom-esque environment, underscored by real-time tutor interactions. All this, whilst enjoying the liberty to connect from any internet-enabled location.

Seize this moment to polish your resume, spotlighting competencies and credentials that resonate with potential employers.

What’s the broader picture?

In today’s era, defined by flexible work arrangements, diminished daily commutes, and heightened online connectivity, many of us find ourselves with an augmented bandwidth for personal growth.

Our Distance Learning Plus – Live Online platform mirrors the ambiance of physical classrooms, with the added benefit of being relayed by top-tier tutors, all accessible from the comfort of your home.

Venture beyond your academic boundaries, possibly diving deeper than you initially anticipated. A prime window to catalyse your career aspirations.

Key Features

The Level 4 Diploma covers the following mandatory areas:

  • Drafting and Interpreting Financial Statements
  • Applied Management Accounting
  • Internal Accounting Systems and Controls

Two optional units must be chosen from the following:

  • Personal tax
  • Business tax
  • Credit and Debt Management
  • Audit and Assurance
  • Cash and Financial Management

Who’s it suitable for?

The final level of the qualification is for people who have previously completed the Level 3 stage of the qualification or who have an Accounts related degree. On completion of the Level 4 Diploma candidates will be able to apply for full membership to the AAT. We would expect this qualification to take 9-12 months to complete for most students.


There are six assessments in total.

Five are individual unit assessments which test a specific unit:

  • Financial Statements of Limited Companies
  • Management Accounting: Budgeting
  • Management Accounting: Decision and Control
  • Plus 2 optional papers

One is a synoptic assessment which is sat after the unit assessments, and covers a mixture of the mandatory units:

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

Our virtual classrooms includes

Interactive Classes
This gives students the ability to ask questions in real time or make comments and chat with their peers.

Timetabled Tutorials
All our classes are scheduled in advance so you get the benefits of a traditional classroom setting, in the privacy of your own home.

What if I miss the Live Class?
We give all our students a flexi pass which enables them to switch between day, evening and weekend classes. If you miss all of these, then there is still nothing to worry about, as our Live classes are recorded, so you can always catch up later in your own time.


Course Modules

Drafting and Interpreting Financial Statements

  • Understanding the regulatory framework underpinning financial reporting
  • Understanding key features of published financial statements
  • Drafting a limited company’s statutory financial statements
  • Drafting consolidated financial statements
  • Interpreting financial statements using ratio analysis

Applied Management Accounting

  • Preparing budgets and income and expenditure forecasts
  • Assessing budgetary impact of internal and external factors
  • Using budgetary control to improve organisational performance
  • Collating and analysing cost information from various sources
  • Measuring performance and managing costs appropriately
  • Making suggestions for improving financial performance by monitoring and analysing information
  • Preparing performance reports for management

Internal Accounting Systems and Controls

  • Understanding the importance and use of internal control systems
  • Evaluating the accounting system and identifying areas for improvement
  • Conducting ethical and sustainability evaluations of accounting systems
  • Making recommendations to improve the accounting system

AAT Level 4: Professional Diploma in Accounting – Optional Units

Personal tax

  • Calculating income from all sources and identifying taxable and non-taxable items
  • Applying current legislation to calculate tax payable on income for employees, shareholders and buy to let investors
  • Accounting for capital gains tax according to current legislation
  • Accounting for inheritance tax according to current legislation

Business tax

  • Completing corporation tax returns and supporting computations for incorporated businesses
  • Understanding impact of legislation and legislative changes
  • Understanding tax law and its implications for incorporated/unincorporated business
  • Understanding taxation of assets

Credit and Debt Management

  • Understanding relevant legislation and impact on credit management.
  • Using information from a various sources to grant customers’ credit within organisational guidelines
  • Using a range of techniques for debt collection
  • Monitoring and controlling credit supply

Audit and Assurance

  • Planning an audit identifying areas for verification and associated risks
  • Conducting a supervised audit
  • Preparing draft reports for approval
  • Understanding auditing principles and legal and professional standards required for an external auditor

Cash and Financial Management

  • Using statistical techniques and financial information to prepare income and expenditure forecasts.
  • Preparing cash to monitor an organisation’s cash flow
  • Managing cash balances effectively
  • Investing surplus funds, observing organisational policies

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