PROFESSIONAL ACCOUNTING TECHNICIAN APPRENTICESHIP

LEVEL: 4 APPRENTICESHIP
EXAMINING BOARD: AAT
TYPE OF STUDY: FULL-TIME

This Apprenticeship comprises of two separate elements:

  • The Association of Accountancy Technicians (AAT) Professional Diploma in Accounting exams
  • An end point assessment of work based learning – also managed by AAT

The Association of Accountancy 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 Professional Diploma is the final year of the AAT qualification. On successful completion, you will become an affiliate of AAT and eligible to apply for membership (you will need also to demonstrate suitable work experience too). This in turn will give exemption to the foundation components of CIMA and ACCA* (*taught at Huish) qualifications.

The course is taught by qualified experienced Accountants/Tutors giving pass rates that consistently exceed the national averages – by as much as 25%. 

The Professional Diploma in Accounting develops the knowledge gained in the Advanced Diploma and covers three compulsory modules and two options:

COMPULSORY MODULES:

Management Accounting – Budgeting;

  • Forecasting
  • Budget setting and systems
  • Budget behaviours
  • Advanced variance analysis and reporting
  • Performance indicators

Management Accounting – Decision and Control:

  • Standard costing
  • Further absorption
  • Marginal and activity based costing
  • Sales, labour, material and overhead variances
  • Interpreting variances
  • Further decision making

Financial Statements of Limited Companies:

  • Statements of financial performance
  • Financial position and cash flow
  • Group accounts
  • Accounting standards
  • Interpreting financial statements

Synoptic: Revision of the subjects above and incorporating a module on accounting systems and control.

OPTIONAL MODULES:

We teach the personal and business tax options as mainstream subjects although it may be possible to cover others (cash management, credit control, audit) subject to demand.

  • Personal Tax – Income tax, Inheritance tax and capital gains tax
  • Business Tax – Corporation tax for sole traders and limited companies. Capital gains for companies

Assessments are independently managed by AAT and taken on a computer at Huish. Assessments are marked by AAT and results communicated, typically 6 weeks later.  

GCSE grade 4/C in English and Maths is preferred. You will also need an AAT Advanced Diploma in Accounting.

How will I be taught?
Teaching is by lectures with practical examples and hands on practice. Classroom sessions run for a day per week from 9am-5pm. The classroom element is taught over a period of up to 15 months. 

How will I be assessed?
You will be assessed by an end point assessment comprising of a learning portfolio, professional discussion and synoptic exam.

How much work will I need to do at home? 
This varies but we suggest 10-12 hours a week on top of the lesson with a little more in the run up to the assessment.

When can I start?
Students may start in September, January or March.