Course overview

Quick Facts

  • 18-24 months
  • Attend college one morning a week during term times (Tuesdays; 9.15am-1pm)
  • Start date: 12 September 2017
  • Monthly payment options
  • Non-apprenticeship option available

Learn a range of more complex accounting skills…

This apprenticeship is ideal for those who may have been working in finance for some time but are looking to further develop their accounting skills. It is the intermediate level of the internationally recognised AAT Accounting Technician qualification. You will learn a range of complex accounting tasks such as maintaining cost accounting records and the preparation of income statements, reports and returns.

As an accounting apprentice, you will be employed in a finance role gaining vital practical skills and experience, and earning a wage alongside studying your formal apprenticeship qualification.

You will attend college for one morning a week during term time. Outside of the classroom you will be learning on-the-job gaining valuable accounting and employment skills in a real life setting.

Benefits to employers

  • Grow your business: Affordable way to expand and develop your business
  • Cost effective: Provide valuable opportunities whilst minimising recruitment and training costs
  • Enhanced reputation: Provide customer reassurance by investing in trained staff
  • Increased productivity: Maximise staff efficiency though the development of knowledge and skills

CAW Business School has a well-earned reputation for excellence; delivering quality training and education and employer support. Your apprentice will benefit from:

  • Tuition, support and assessment provided in college, online and via email and telephone contact
  • Access to our unique Virtual Learning Environment (VLE) and extensive eLibrary resources

* Any employer taking on an apprentice under 19 years of age, will receive an incentive of £1,000. £500 will be paid to you after the first three months of the apprenticeship and the remaining £500 after the first year on programme.*

Employers with less than 50 employees
If you take on an apprentice under 19 years of age (or 19-24 years who has an EHC plan or who has been in the care of their local authority), the apprentices training will be fully funded.

Course content

This apprenticeship consists of:

  • AAT Level 3 Advanced Diploma in Accounting
  • Functional Skills Level 2 in Maths and English
  • Personal Learning and Thinking Skills
  • CFA Employment Rights and Responsibilities Workbook

AAT Level 3 Advanced Diploma in Accounting

This course offers a combination of classroom lessons, regular tutorial support and online study. You will undertake the following six units:

Advanced Bookkeeping

  • Preparation of final accounts for sole traders, developing your understanding of accounting systems and the environment and principles under which organisations operate.
  • Accounting adjustments and accounting for fixed assets.

Final Accounts Preparation

  • Legal requirements and preparation of partnership accounts, showing division of profits after adjusting for interest on capital, interest on drawings and any salaries due to each partner.
  • Preparation of final accounts for partnerships and developing skills in restructuring accounting information.
  • Preparing final accounts for sole traders, including the accounting treatment required to incorporate accruals and prepayments, provision for depreciation, irrecoverable debts and allowance for doubtful debts.

Management Accounting Costing

  • Identifying why cost accounting is an important tool for an organisation.
  • Different approaches to cost accounting and making informed and reasoned judgements to guide management and help decision making.

Indirect Tax

  • Understanding current VAT regulations and building your knowledge of VAT registration requirements, different VAT schemes available, penalties for non-compliance and the different types of classification of supplies.
  • Performing the calculations needed to complete a VAT return.
  • Submitting completed documentation in a timely manner while maintaining an effective working relationship with the relevant tax authority.

Spreadsheets for Accounting

  • How to use software for recording data in rows and columns, perform calculations with numerical data and present information using charts and graphs.

Ethics for Accounting

  • Importance of ethical duties and how to work within the code to ensure that the public can gain confidence in accounting practices or functions.
  • Protecting your organisation’s professional reputation and integrity.

You will undertake computer-based exams or projects. As an AAT accredited exam centre you will be able to take your exams at college without the need to travel to an external exam centre.

Functional Skills

You will undertake Level 2 Functional Skills in English and Maths unless exempt. These are assessed via online examinations and practical assessments.

Entry requirements

There are no formal academic entry requirements, however you should be competent in manual double-entry bookkeeping as well as having basic maths and English skills. You will need to be living and working in England in a suitable finance role, earning at least the National Minimum Wage for Apprentices. To complete this apprenticeship within 18-24 months you will need to be working for a minimum of 30 hours per week, if you are working less than 30 hours a week the length of your apprenticeship will be extended depending on your working hours.

If you have a level 4 (or above) qualification, from May 2017 you are now still able to undertake this apprenticeship if your current qualification is in an unrelated subject. If your existing qualification is in a similar subject you will not be able to undertake this apprenticeship, in which case you may wish to undertake the AAT Level 3 Advanced Diploma in Accounting as a standalone qualification.

Course fees

Apprenticeship fees are payable by the employer. We offer two different payment options; our ‘Annual Fee Scheme’ or our ‘Pay as You Learn’ monthly payment scheme. Details on both of these payment options can be found here.

Sources of financial help if you require support during your studies can be found on our student finance page. Before making any financial decision it is recommended that you seek advice from an independent source, for example the Money Advice Service.

Please note that course fees listed below apply to courses starting before the 1 May 2017. Fees for courses starting on, or after, 1 May 2017 will be published in due course.

Age at start of course Annual Fee Scheme (?) Pay as You Learn Scheme (?)
16-18 No fees payable No fees payable
19-23 £1,275 per year payable by employer £97 per month
24+ £1,350 per year payable by employer £99 per month

In addition to course fees you will be required to pay for AAT membership, exam fees (approximately £222)* and textbooks. If you are fully funded, your exam fees will be refunded upon successful completion of term 1.

Fees listed are current figures and may be subject to change. Course fees reflect the level of funding that is available as a result of government policies and priorities. These may be the result of age, employment status, previous education achievements or location for example, and are outside the control of CAW Business School.

* Awarding Body Fees are recharged at cost and may be subject to change; these are payable in full prior to the commencement of the course and are non-refundable.

What next?

On completion of this apprenticeship, the majority of learners choose to continue their journey towards becoming an AAT qualified Accounting Technician by undertaking the Level 4 Higher Apprenticeship in Accounting programme.

Testimonials

What our AAT students say…

We asked our students what aspects of their course they have most enjoyed. Here are some of the things they had to say!

“Learning new skills, socialising with people within a similar field of work and with similar goals”
“I have really enjoyed the classes and follow up activities for homework. The resources are very good”
“Manageable sections. Broken down so not overloaded with information”
“Good tutor making a hard subject easy to understand with good examples”