AAT Level 3 Assistant Accountant Apprenticeship
Subject: Accounting & Bookkeeping
This AAT apprenticeship is ideal for those members of your team that may have been working in finance for some time but you would like to support to further develop their accounting skills.
An Assistant Accountant apprentice will have the opportunity to learn about financial activities such as data entry to month end management accounts and preparation of tax computations.
Providing the opportunity for members of your team to undergo apprenticeship training has many benefits to your organisation:
- Growing productivity: Maximise staff efficiency though the development of knowledge and increasing team motivation by developing a learning culture.
- Cost effective: Provide valuable opportunities which improve retention to minimising recruitment costs
- Develop your business: Affordable way to expand and improve your business
- Enhanced reputation: Provide customer reassurance by investing in trained staff.
The 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 the workplace, online and via email and telephone contact
- Access to our unique Virtual Learning Environment (VLE) and extensive eLibrary resources
- Attendance: Attend college one day per week during term times (9.15am-4pm) or study via distance learning (No college attendance, start at any time)
- Duration: 15-18 months (20% of your time must be spent studying off the job).
- Next start dates: September 2020
- Location: Godmanchester (Near Huntingdon, Cambridgeshire)
In order for you to have an apprentice they must be living and working in England in a suitable role and cannot already hold a Level 3 (or above) qualification in a similar subject).
For the apprenticeship to be completed within 15-18 months the apprentice must be working a minimum of 30 hours per week. If they are employed for fewer hours then the length of their apprenticeship will be proportionately extended.
The apprentice should have a minimum of 5 GCSEs including maths and English or have achieved the AAT Level 2 Foundation Certificate in Bookkeeping or Accounting qualification. Other relevant qualifications and experience will be considered on an individual basis.
Should you be looking to recruit a new trainee to join your team we can help to advertise your vacancy and screen applicants free of charge, contact us for more information.
This apprenticeship consists of the knowledge, skills and behaviours required by someone in an Assistant Accountant role to develop the required finance skills and enhance professional status.
The knowledge gained will provide the opportunity to improve both accounting skills and business awareness:
- Ethical standards
- IT systems and processes
- Business awareness
- Financial accounting and reporting
- Management accounting
Transferrable skills will be gained to provide the confidence for the knowledge to be applied:
- Production of quality and accurate information
- User systems and processes
- Problem solving
Attitude and behaviours covered will provide the opportunity to learn how to take responsibility for personal and professional success:
- Embracing change
- Adding value
- Ethics and integrity
- Personal accountability
- Team working and collaboration
An End Point Assessment will be required to achieve the apprenticeship. This consists of the following:
Synoptic end-test- An independently assessed computer-based end-test to assess the knowledge and skills gained
Portfolio - A portfolio of evidence to demonstrate learned knowledge, skills and behaviours. Evidence will be gathered could include items such as emails, letters, presentations and appraisal information.
Reflective Discussion - With an independent assessor under exam conditions.
For the AAT Level 3 Diploma in Accounting that is included within this apprenticeship computer based exams or projects will be undertaken. As we are an AAT accredited exam centre these exams can be taken at College without the need to travel to an external exam centre.
Unless exempt Level 2 Functional Skills are assessed via online examinations and practical assessments.
Apprenticeship fees are payable by you as the employer.
Prior to commencing the course an invoice will be issued for the total course fee.
As an employer you will either be an Apprenticeship Levy Payer (employers with over a £3 million pay bill) or Non-Levy Payers (employers with less than a £3 million pay bill).
Recruit an apprentice and save up to £3,000!
From August 2020 to January 2021, businesses that recruit a new apprentice aged 16 to 24 will receive a £2,000 incentive from the government towards the cost of training, while those that hire new apprentices aged 25 and over will be paid £1,500.
These payments will be in addition to the existing £1,000 incentive the government already provides for new 16-18 year old apprentices. This means that if you hire a 16 to 18 year old apprentice, you receive £3,000! If you also have less than 50 contracted employees, the apprenticeship fees for those aged 16-18 years of age will be fully funded!
Course fees for Apprenticeship Levy Payers
Digital account payment – £8,000
Course fees for Non-Levy Payers
Course fees for Non-Levy Payers are paid via co-investment with the government, meaning that the government provide 95% of funding towards course fees.
Full fee payable by the employer – £400
Fees are fully inclusive of End Point Assessment (EPA) fees but payment for AAT membership, exam fees (approximately £222*) and textbooks will also be required.
Before making any financial decision it is recommended that you seek advice from an independent source, for example the Money Advice Service.
These are current figures and may be subject to change. The differences in course fees reflect the level of funding that is available as a result of government policies and priorities. These may be as a result of age, employment status, previous education achievements, or location for example, and are outside the control of CAW Business School.
Following this qualification many employers choose to continue supporting their staff and develop them further such as by supporting them to undertake the AAT Level 4 Professional Diploma in Accounting or related areas of business, such as Customer Service or Business Administration
What our AAT students say…
We asked our students what aspects of their AAT 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”