Our range of leisure and hobby courses keeps growing, with even more fun and exciting courses starting throughout 2024.
Level 3
Assistant Accountant Apprenticeship L3 Standard
COURSE OVERVIEW
The apprenticeship includes the AAT Advanced Diploma in Accounting which covers a range of complex accounting tasks and comprises of six mandatory units.
- Financial Accounting
- Management Accounting Techniques
- Tax Processes for Business
- Business Awareness
Students completing this qualification will develop master financial processes including accounting principles and concepts, advanced bookkeeping and final accounts. They will also understand business issues regarding value added tax (VAT) issues in business management accounting costing techniques and ethical practices for accountants. This course develops the professional skills and behaviours needed to contribute effectively in the workplace. Working in accountancy requires good communication skills, IT skills and an understanding of the business environment, all of which are covered by this qualification.
Apprentices also meet regularly with their own assessor/coach who will support them to prepare for the End Point Assessment.
FURTHER INFORMATION
Individual employers set the selection criteria, but this is likely to include 5 GCSEs, including Maths and English, although some employers will accept other relevant qualifications and experience, including a relevant Level 2 qualification.
This apprenticeship is a progression route for students who have achieved either the AAT Foundation Certificate in Accounting or Bookkeeping. Apprentices without English or Maths at Level 2 must achieve this prior to taking the end point assessment.
As well as ensuring full competency as an Assistant Accountant, this standard provides the foundation for progression onto AAT Level 4 or into a number of career paths in the Accounting sector including Audit Trainee, Corporate Recovery Analyst, Credit Controller or Tax Accountant.
Students must successfully complete four unit assessments and one synoptic assessment to achieve this qualification. All assessments in this qualification are:
- Set and marked by AAT
- Computer based
- Three are marked by the computer
- One is marked partly by computer and partly human marked.
To achieve the qualification a student must pass all the mandatory assessments and the synoptic assessment. Unit and synoptic assessments are not awarded grades individually, but the marks achieved in all assessments contribute to the student’s overall grade for the qualification. Grades awarded are: Distinction – 90% – 100% Merit – 80% – 89% Pass – 70% – 79% Unclassified – 0% – 69%
There is no cost to an apprentice.
If you are an employer employing an apprentice over the age 21 (without an EHCP) then you are likely to pay 5% towards the training cost.
If you are an employer with an Apprenticeship levy (i.e. your payroll exceeds £3 Million) then you will pay in full from your levy account.
Note: All AAT students have to personally register as student members of the AAT. They are also expected to purchase the books that are required for the course which totals approx £120.00.
For more information on this Apprenticeship or other Apprenticeships we offer, please contact our friendly Apprenticeship team on 01243 812948 or email apprenticeships@chigroup.ac.uk
https://www.instituteforapprenticeships.org/apprenticeship-standards/assistant-accountant-v1-1