Accounts and Finance Apprenticeship Level 2
An Accounts/Finance Assistant is an integral part of the team responsible for maintaining an efficient and accurate finance function within a business. The Accounts/Finance Assistant is responsible for assisting the team of accountants with junior accounting duties. These can vary massively depending on the team structure and size of business. An Accounts/Finance Assistant’s work could include basic bookkeeping activities, working with sales and purchase ledgers, running calculations to ensure that records and payments are correct, recording of cash and data entry. Accounts/Finance Assistants can work in almost any sector. Potential employers include corporate businesses, sole traders, partnerships, Public Sector, not-for-profit organisations and educational institutions. Accounts/Finance Assistants may work in-house for an organisation or they might work for accountancy firm, bookkeeping practice, Shared Service provider, self-employed or on behalf of several different clients.
Entry requirements
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. Apprentices without English or Maths at Level 2 must achieve this prior to taking the end point assessment. This occupation covers two areas of specialism, accounting and tax. A successful apprentice will have met the core requirements common to both areas and one of the two technical knowledge option requirements. A competent Professional Accounting/Tax Technician, on completion of the Apprenticeship Standard, will meet the following requirements.
Course content
- General Business
- Understanding your organisation
- Accounting systems
- Basic accounting
- Ethical standard
- IT systems
- Communication
- Team working
Assessment methods
- (Exams), Synoptic interview and discussion for end point assessment on portfolio of evidence.
Qualifications
Apprentices will be required to take AAT Foundation Certificate in Accounting (Level 2).
Further study and career options
Upon successful completion of this apprenticeship you can progress onto Assistant Accountant Level 3.
Additional information
On completion of all elements, Literacy and Numeracy students must complete an end of point assessment – this includes situational judgement test and professional discussion.