Accounts or Finance Assistant Level 2

Programme Overview

The Accounts or Finance Assistant Level 2 apprenticeship is a great starting point for those looking to get into the accounting and finance industry. This programme will give apprentices a solid foundation in basic accounting, financial administration and ethical standards. By doing this apprenticeship, learners will develop the skills to support financial operations in a business such as processing payments, raising invoices and maintaining financial records.

Throughout the programme apprentices will get hands on experience in areas like costing, double entry bookkeeping and use of modern accounting software. Practical, real world skills are backed up by development of business communication skills including writing letters, memos and reports. The programme is designed to be flexible so learners can study around work commitments and progress at their own pace.

AAT Modules

• Introduction to Bookkeeping: Apprentices learn the basic principles of double-entry bookkeeping systems and ledger accounts, and how to process day-to-day financial transactions.
• Principles of Bookkeeping Control: This builds on the knowledge and skills from Introduction to Bookkeeping. Apprentices learn about control accounts, bank reconciliation, payroll, dealing with errors, and the purpose of using the journal.
• Principles of Costing: Apprentices will learn about cost recording systems within an organisation, use cost recording techniques, provide information on actual and budgeted costs and income, and basic spreadsheet skills to support cost calculations.
• Business Environment: This unit will prepare apprentices for the internal and external business environment. Learn about the legal system, principles of contract law, corporate social responsibility, ethics, and sustainability.

Key Responsibilities

Apprentices will take on key responsibilities such as processing payments, managing invoices, and assisting with financial reporting. As an Accounts or Finance Assistant, you will support accountants by preparing financial documentation, ensuring compliance with accounting standards, and performing administrative duties that contribute to the smooth running of the finance department.

Who is this apprenticeship programme for?

This apprenticeship is for those with little or no experience in accountancy or bookkeeping so is perfect for those just leaving school or those looking to move into the finance industry. Developed in partnership with industry experts, employers and professional bodies the Accounts or Finance Assistant apprenticeship means learners will not just be meeting, but exceeding industry standards.

Qualifications Gained

Upon completion of the programme, apprentices will earn a Level 2 qualification in Accounts or Finance Assistant. This certification is recognised across the industry and demonstrates proficiency in both accounting and financial administration, paving the way for further career opportunities.

Career Progression

After completing the apprenticeship, learners can progress to more advanced roles such as Finance Assistant or pursue further qualifications like the Level 3 Assistant Accountant apprenticeship. This programme provides a strong foundation for a successful career in finance, with opportunities for continued professional development.

Assessment and Evaluation

Assessment methods include a combination of exams, practical assessments, and portfolio submissions. Apprentices will be evaluated on their ability to apply accounting principles, maintain financial records, and adhere to ethical standards. Feedback from mentors and assessors will support continuous improvement throughout the programme.

Support and Mentoring

Apprentices will receive ongoing support from experienced mentors who provide guidance and help address challenges. Access to study resources, workshops, and peer networking opportunities ensures a well-rounded learning experience that prepares apprentices for their future roles.

Employer Benefits

Employers who hire an apprentice for this programme will benefit from having a well-trained and motivated employee who can contribute to the business's financial operations from day one. The apprenticeship is designed to meet the needs of businesses, ensuring that learners acquire both technical and practical skills relevant to their roles.

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