Fees indicated are based on the current year (August 2016 to July 2017) and are subject to change next year.
Our further education courses (Entry to Level 3) are usually free if you are 16-18 years old. Depending on your circumstances, you may be eligible for financial support to help with other costs associated with your course such as course materials and travel.
If you are aged 19 or over you may be required to pay fees.
If you are enrolling onto a Level 3 or 4 course and are over 19 years of age the fees may be higher and you will be required to take out an Advanced Learning Loan, please see the guide to fees for more information.
International students will be required to pay the full International course fee.
For more information, see our guide to fees.
Management Accounting: Budgeting
This mandatory unit is about the use of budgeting for planning, coordinating and authorising the activities of an organisation and for controlling costs. The unit provides skills and knowledge to improve the performance of an organisation by setting targets, constructing achievable plans and monitoring results.
Students will develop a range of skills within the context of planning and control. These include management accounting, statistical analysis, written communication and variance analysis. The application of standard costing and its links to budgeting is also included, although the topic is covered in detail in the Management Accounting: Decision and Control unit.
- Prepare forecasts of income and expenditure
- Prepare budgets
- Demonstrate how budgeting can improve organisational performance
- Report budgetary information to management in a clear and appropriate format
To start this programme, you will need to have completed the AAT Advanced Diploma in Accounting.
This course may also be appropriate for those are already working in finance and would like a formal recognition of their skills.
Students must successfully complete three mandatory unit assessments (Budgeting, Decision and Control and Financial Statements of Limited Companies) and one end of unit assessment where all four mandatory units will be assessed.
In addition, students complete unit assessments for two optional units. Learners are entitled to 1 free re-sit for the whole level and will have to pay for all re-sits after that. Re-sits are £50 for each re-sit (this is to cover the AAT exam fee and our administration costs).
Learners who completed this course went on to obtain employment in an Accounting environment or improve their existing job prospects. Some successful students progressed to higher level Professional Accountancy qualifications such as ACCA and CIMA. Successful completion of this final stage of the AAT Programme together with one year's approved working experience will lead to full membership of the AAT. Students can also progress to further professional accounting qualifications. For example, AAT members are exempted from the first stage of both ACCA and CIMA qualifications, and there is also a fast-track route to ACA (Chartered Accounting).
You could work in Industry or Practice as an Assistant Accountant, or similar role, and would be competent to act as deputy to Professional Accountants in either Financial or Management Accounting. Salaries are very variable, depending on area and industry, within the range of approximately £18,000 - £27,000 p.a. (full time).
You will learn in dedicated classrooms and study on a part time basis being taught by a highly experienced lecturers.
The Professional Diploma modules start in September, January/February each year.