PROFESSIONAL ACCOUNTING TECHNICIAN APPRENTICESHIP
LEVEL 4: APPRENTICESHIP
EXAMINING BOARD: AAT
Association of Accounting Technicians (AAT) is an internationally recognised professional accounting qualification ideal for those who want to work in accountancy practice, industry or are self-employed.
This Apprenticeship is suitable for those who already hold an AAT Advanced Diploma in Accounting and want to complete the final year of the AAT qualification.
This Apprenticeship comprises of two separate elements:
- AAT Professional Diploma in Accounting exams
- an end point assessment of work based learning (also managed by AAT)
Upon successful completion of your Apprenticeship you will become an affiliate of AAT and eligible to apply for membership (to become a member you will also need to demonstrate suitable work experience).
The course is taught by qualified experienced Accountants/Tutors giving pass rates that consistently exceed the national averages.
You can enrol for September, January or March.
You will attend taught sessions one day per week (9am-5pm) for a period of up to 15 months. Teaching is by lectures with practical examples and hands on practice.
It is recommended you complete a further 10-12 hours study at home per week and a little more in the run up to the assessment.
You will study the following compulsory modules:
- Management accounting – budgeting (this includes forecasting; budget setting and systems; budget behaviours; advanced variance analysis and reporting; and performance indicators)
- Management accounting – decision and control (this includes standard costing; further absorption; marginal and activity based costing; sales, labour, material and overhead variances; interpreting variances and further decision making)
- Financial statements of limited companies (this includes statements of financial performance; financial position and cash flow; group accounts; accounting standards and interpreting financial statements).
You will study two additional modules. There a variety of options available on the AAT syllabus but Huish regularly offers the following:
- Personal tax (this included income tax; inheritance tax, and capital gains tax)
- Business tax (this includes corporation tax for sole traders and limited companies, and capital gains for companies).
Subject to demand it may be possible to offer the following options:
- Cash and treasury management
- Credit management
- External auditing.
You will also complete a Level 4 synoptic assessment so we will also spend time revising subjects and incorporating modules on accounting systems and control.
Assessments are independently managed by AAT and taken on a computer. They are marked by AAT and results communicated approximately 6 weeks later.
You will only need to revise for one exam at a time as each exam is sat as you finish a module.
Towards the end of your Apprenticeship you will complete your end point assessment. For this assessment your Tutors will support you in creating a learning portfolio and preparing for a professional discussion and synoptic exam.
You will need an AAT Advanced Diploma in Accounting. This can be achieved through a Level 3 Assistant Accountant Apprenticeship.
It is preferred you also have GCSE Mathematics and English grades 4/C or above.
This qualification is perfect for anyone wanting a long term career in Accountancy.
Upon successful completion you will become an affiliate of AAT and eligible to apply for membership. This in turn will give exemption to the foundation components of CIMA and ACCA qualifications.