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What will apprentices learn?
• The transactional processes and support provided by accountancy firms or the accounting function within an organisation.
• Their organisations business strategy including customer and supplier needs, in order to produce relevant and compliant financial information.
• How their role fits in with the wider organisation and sector they are working in.
• How to enter accounting transactions, perform a reconciliation, correct errors and produce a range of reports using a computerised accounting system.
• The systems and process of the organisation, within the responsibility of the position such as Sales, Purchase and Payroll.
• The use of all relevant office and accounting packages used within their organisation, relevant to their job role.
• The relevant Ethical Standards to protect their own and their organisation’s professional reputation and integrity.
• The importance of upholding relevant codes of conduct.
• The basic elements of double entry bookkeeping and accounting standards required to process financial documents and report financial information to users of accounts.
• The current financial standards for basic accounts preparation, in order to be able to make necessary end of year adjustments.

As well as ensuring full competency as an Assistant Accountant, this standard provides the foundation for progression into several career paths in the Accounting sector including Audit Trainee, Corporate Recovery Analyst, Credit Controller or Tax Accountant.

Level 2 AAT Certificate in Accounting or equivalent. Applicants are likely to have 5 GCSEs A*- C / 9 - 4, including Maths and English, or equivalent, and will need to demonstrate the ability to achieve all elements of the apprenticeship during their programme, including working in a suitable job role.

Free to apprentices. This apprenticeship has a £8,000 funding band. Some small companies may need to make a contribution of £400; large companies could pay through the apprenticeship levy if they have funds available.

Qualifications included:
• Level 2 Functional Skills in English and Maths
• AAT Level 3 Advanced Diploma in Accounting
• Level 3 Assistant Accountant Apprenticeship

Apprenticeship Assessment:
Completion of the above qualifications
Professional discussion with the awarding organisation