
Accounting - AAT Level 2 Foundation Certificate
B00050
This course is intended for someone who is about to launch a new career in accounts (or who has recently done so). This course covers basic bookkeeping and accounting, plus it introduces computerised bookkeeping principles, and some basic costing principles.
Course Content
All of the units within the qualification are mandatory. Five units are assessed at the end of the unit, but this qualification also includes a synoptic assessment, sat towards the end of the qualification, which draws on and assesses knowledge and understanding from across the qualification:
Introduction to Bookkeeping
This unit introduces you to the double-entry bookkeeping system, and associated documents and processes. Learners will reach the stage of extracting an initial trial balance, before any adjustments are made.
Principles of Bookkeeping Controls
This unit is about control accounts, journals and methods of payment. It takes students through reconciliation processes and the use of the journal to the stage of re-drafting the trial balance, following initial adjustments.
Principles of Costing
The purpose of this unit is to give you a basic introduction to costing, building a sound foundation in the knowledge and skills they need for more complex costing and management accounting units such as Level 3 Management Accounting: Costing, and later, Level 4 Management Accounting: Budgeting.
The Business Environment
This unit provides knowledge and understanding of key business concepts and their practical application in the external and internal environment in which students will work. Students will gain an understanding of the legal system and principles of contract law and an appreciation of the legal implications of setting up a business and the consequences this may have.
Entry Requirements
To be eligible for this course you must be 19 or over on 31st August prior to the course start date.
No previous business accounts experience is needed
You will also need to complete a literacy and numeracy screening assessment if you have not achieved GCSE mathematics and English at grade C or equivalent.
You will also be considered if you have recently achieved a level 1 or 2 in Bookkeeping.
B00050-232404 course is intended for learners who completed AAT Level 2 bookkeeping certificate and would like to pursue in Level 2 accounting qualification, the additional modules will be Business Environment Synoptic and Principles of Costing. After achieving these 2 modules, learners will be awarded by AAT for Foundation Certificate in Accounting.
First Class Requirements
Paper, pen and calculator
Assessment Methods
All assessments in this qualification are set and marked by AAT, and are computer based
are time limited
To achieve the qualification and to be awarded a grade, you must must pass all the mandatory assessments and the synoptic assessment.
Further Study Options
Accounting AAT Level 3 Advanced Diploma in Accounting. When you have successfully completed the level 2 course you can progress onto the level 3 programme. This level 2 Certificate provides progression to the level 3 Diploma in Accounting and, in turn, the Accounting AAT Level 4 Professional Diploma in Accounting, the latter providing exemptions to the Chartered Accounting bodies awards
The finance, accountancy, business and communications skills developed in the AAT Foundation Certificate in Accounting can lead to employment as:
an accounts administrator
an accounts assistant
an accounts payable clerk
a purchase/sales ledger clerk
a trainee accounting technician
a trainee finance assistant.
Additional Information
You will have to register with AAT; registration fee is £155 ( £105 annual membership and £55 one off admission fee)
Exam fees are included in the tuition fees; however, if you will have to resit an exam, you will be responsible for paying the resit fee.
Textbooks and question bank are also to be bought separately; your tutor will advise you on this on the first day of class.