What do I learn?
You learn a range of new skills and develop a fundamental knowledge across five subject areas. These are:
• understanding an organisation’s cost recording system and using it to record or extract data
• use of spreadsheets to convey information on actual ad budgeted income and expenditure
• entering data at the start of an accounting period to set up customer and supplier accounts
• recording and processing customer and supplier transactions
• recording and reconciling bank and cash transactions
• processing and using journals to enter accounting transactions
• production of reports (day books, account activity, aged analysis, statements or remittance advice)
WORKING EFFECTIVELY IN ACCOUNTING AND FINANCE
• understanding an organisation’s accounting or payroll function
• using numeracy and literacy communication skills
• working independently or in a team to prioritise tasks and manage colleagues’ responsibilities
• understanding ethical values, principles and importance of confidentiality
• understanding and explaining benefits to organisations of sustainable values
PROCESSING BOOKKEEPING TRANSACTIONS
• understanding double-entry bookkeeping, integrating books of prime entry and describing coding system functions
• understanding discounts and settlement, trade and bulk discount differences
• preparing and processing customer and supplier invoices and credit notes
• totalling and balancing a 3-column analysed cash book
• totalling, balancing and reconciling petty cash records within an analysed petty cash book
• processing ledger transactions and extracting a trial balance
CONTROL ACCOUNTS, JOURNALS AND THE BANKING SYSTEM
• understanding the purpose and use of control accounts and journals
• maintaining and using control accounts and the journal
• reconciling a bank statement with the cash book
• understanding the banking process and main services of banks and building societies
• understanding requirements of retention and storage relating to banking documents
What do I gain?
You gain the Level 2 Certificate in Accounting
What do I need?
To do this programme you need a good level of literacy and numeracy
What do I gain?
Potential job opportunities following the certificate include:
• Accounts Administrator
• Accounts Assistant
• Payroll Clerk
• Trainee Auditor
• Tax Assistant/Trainee
After the Level 2 certificate, the next step for further training is the AAT Level 3 Diploma in Accounting.
What else do I need to know?
If you wish to check the appropriate level at which you should start, you could complete the AAT SkillCheck at the AAT website (www.aat.org.uk/qualifications/aat-skillcheck)
In addition to any tuition fees, you will need to purchase a set of text books to support your learning. To undertake assessments, you will need to become a Student Member of AAT. We’ll supply further information on this after your enquiry or application.