Accountancy Apprenticeships

This framework has been developed in partnership with employers and training providers. It’s a structured approach to training and developing accounting technicians and prospective accountants who understand the needs of the organisation, its customers and the sector within which they operate.

Accountancy Level 2 Foundation Apprenticeship:

The Apprentice will study towards the Association of Accounting Technicians (AAT) Level 2 Certificate in Accounting.

This qualification will develop skills in double-entry bookkeeping and will understand how to use journals, control accounts and a trial balance.

Students will also gain an understanding of accounting software packages, how to process financial information in accordance with company procedures and schedules, and how to provide information to colleagues, suppliers and/or customers as required.

This qualification comprises four mandatory units

• Introduction to Bookkeeping
• Principles of Bookkeeping Controls
• Principles of Costing
• The Business Environment.

Plus End of year Synoptic assessment.

Accountancy Level 3 Apprenticeship:

The Apprentice will study towards the Association of Accounting Technicians (AAT) Level 3 Diploma in Accounting.

The purpose of this qualification is to ensure that students are well prepared to progress into a career in business, finance or professional accountancy, or into further education.

Students will learn and develop skills needed for financial processes, including accounting principles and concepts, advanced bookkeeping and preparing financial statements.

They will also understand the business environment, technology used in finance and accounting, business issues regarding payroll and value-added tax (VAT) (which may be known by another name in other countries), issues in business, management accounting techniques, ethical principles and sustainability considerations for accountants.

Students will develop an understanding of business and its structure and purpose, as well as appreciate the wider business environment. Along with developing skills to support complex financial processes, such as final accounts, reports and returns, use of technology to provide management accounting information, and completion of VAT returns.

Students will be expected to take responsibility for initiating and completing tasks and procedures, as well as exercising autonomy and judgement within limited parameters, such as awareness of different perspectives or approaches within an area of study or work. Students will need to use a variety of data and information about a business to visualise and communicate key information needed for business decision-making. Key themes have also been introduced throughout the suite of accounting qualifications, including technology, ethics, sustainability and communication.

The four units are assessed individually through computer-based end-of-unit assessments.

This qualification comprises four mandatory units

• Business Awareness
• Financial Accounting: Preparing Financial Statements
• Management Accounting Techniques
• Tax Processes for Businesses

For more information email aat@gllm.ac.uk