Course code: XMZN102P
Subject area: Apprentices
Study level: Apprenticeship
Course level: 3
9:00am - 5:00pm
1st Aug 2020 - 31st Jul 2021
01235 216 216
An Assistant Accountant provides support to internal and external customers and will work predominately either as an assistant accountant within practice or alternatively within the finance function of an organisation.
Part of their role will involve assisting in the day to day financial activities such as data entry to month end management accounts and/or year-end financial statements. In addition the Assistant Accountant may find themselves involved in regulatory financial requirements such as the completion of VAT returns or assisting in the preparation of tax computations.
Duration: • 21 months practical training period, plus 3 months for End Point Assessment
Delivery model:• Work-based training with your employer• Day release during term time (approximately 1 day a week for 2 years)• Level 2 Functional Skills in Maths and English (7 days at college for each, if required)• Off the job training will count for at least 20% of an apprentice’s time at work
Qualifications included:• Level 2 Functional Skills in English and Maths• AAT Level 2 Foundation Certificate in Accounting• AAT Level 3 Advanced Diploma in Accounting End Point Assessment:• Synoptic examination• Professional discussion
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 organisations 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.