ACCOUNTING FOUNDATION CERTIFICATE (AAT)

LEVEL: 2 PROFESSIONAL QUALIFICATION
EXAMINING BOARD: AAT
TYPE OF STUDY: DAY RELEASE, DISTANCE LEARNING

The Association of Accounting Technicians (AAT) is an internationally recognised professional accounting qualification (leading to letters after your name) ideal for those who want to work in accountancy practice, industry or are self-employed.

The Foundation Certificate in Accounting is the introductory year – ideal for existing Junior/Assistant Accountants, for school leavers or those with no accounting experience who are considering a career in accounting.

The course is taught by qualified experienced accountants/tutors giving pass rates that consistently exceed the national averages – a number of units achieve 100% pass rates. The Foundation Certificate in Accounting comprises 5 separate elements:

  • Bookkeeping Transactions – business documentation, sales and purchases systems, double entry bookkeeping to trial balance
  • Bookkeeping Controls – journals; control account reconciliations; bank reconciliations; suspense accounts
  • Elements of Costing – types and behaviours of costs; inventory valuations; basic budgeting; variance analysis
  • Using Accounting Software – hands on knowledge and practice of the SAGE accounting system
  • Year End Revision Synoptic – revision of the subjects above and incorporating skills required for working in accounting such as ethics, corporate social responsibility and effective communication

Assessments are independently managed by AAT taken on a computer and results are received the same day. The course lasts one year and, on successful completion, you will receive the Foundation Certificate in Accounting as well as being ideally placed to move on to AAT’s Advanced Diploma in Accounting (Level 3).

The cost of this course is £1264. For individuals self-financing the course, matching funding is available making the fee £632. Students on national benefits or universal credit may be eligible for free provision. The advanced learner loan is not available for this qualification. Costs include all books and materials and one exam attempt per subject. Extra costs are AAT annual membership fees – £93 and a joining fee in year 1 of £43.

Click here for further information about Finance and Bursaries.

How will I be taught?
Teaching is by lectures with practical examples and hands on practice.

Do I need to be working in accounting?
It is preferable but not essential at first. Some students join to acquire new knowledge while others are specifically retraining with a view to entering accounting.

What is the difference between day release and distance learning?
Day release is ideal for those who prefer the discipline of weekly classes with face to face tutor contact. There is a set timetable of teaching and exams and students generally complete their qualification with better pass rates and more quickly this way.

A ‘day’ typically runs from 9am – 2pm and there is still an expectation that students will do some work at home to embed learning and revise. We suggest that students work 3-5 hours a week on top of the lesson, with a little more in the run up to assessment. We are now offering an evening class for Level 2.

For those who cannot attend a class on a regular basis, distance learning in the form of home self-study can be an effective option. Students can work more at their own pace to their own schedule and other commitments. Huish provides books and online tutor support via e-mail and telephone contact. This approach requires good self-discipline from students to adhere to a study timetable will generally- but doesn’t have to- take longer overall.

When can I start?
Students may start in early September or late December. We also offer distance learning courses whereby students home study with remote tutor support.