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AAT Level 2 Foundation Certificate in Accounting

Whether you’ve just started thinking about your future, are already working in a related field, or are looking to completely change your career, you may be wondering if accountancy is right for you.

If you have already decided to start pursuing your accountancy career, you’ll be pleased to know that there are no entry requirements to begin training. Therefore, studying towards a professional qualification such as AAT is an ideal option if you have little to no experience in the subject.

The foundation qualification covers basic accounting principles and techniques, from costing and double entry bookkeeping to using accounting software.

AAT Level 2 Accounting

The AAT level 2 certificate in accounting consists of five papers which are examined in the following way:

  • Bookkeeping Transactions – unit assessment/synoptic assessment
  • Bookkeeping Controls – unit assessment/synoptic assessment
  • Elements of Costing – unit assessment/synoptic assessment
  • Working Effectively in Accounting and Finance – synoptic assessment
  • Using Accounting Software – unit assessment

The synoptic assessment includes questions that examine the whole syllabus. For AAT level 2, Using Accounting Software is not included in the synoptic assessment. Working Effectively in Accounting and Finance is only examined within the synoptic assessment and does not have its own grade.

AAT Level 2 Accounting

Key Facts

Course Duration

  • The course duration is flexible but up to 18 weeks is recommended.

Progression

  • You can go straight to the Advanced Diploma in Accounting Level 3.

Exam timetable

  • Exams can be taken whenever you are ready – there are no set dates.


What will you learn in each AAT Level 2 unit?

 

Bookkeeping Transactions

  1. Understand financial transactions within a bookkeeping system
  2. Process customer transactions
  3. Process supplier transactions
  4. Process receipts and payments
  5. Process transactions through the ledgers to the trial balance


 

Bookkeeping Controls

  1. Understand payment methods
  2. Understand controls in a bookkeeping system
  3. Use control accounts
  4. Use of the journal
  5. Reconcile a bank statement with the cash book


 

Elements of Costing

  1. Understand the cost recording system within an organisation
  2. Use cost recording techniques
  3. Provide information on actual and budgeted costs and income


 

Working Effectively in Finance

  1. Understand the finance function within an organisation
  2. Use personal skills development in finance
  3. Produce work effectively
  4. Understand corporate social responsibility (CSR), ethics and sustainability within organisations


 

Using Accounting Software

  1. Set up accounting software
  2. Process sales and purchases transactions
  3. Process bank and cash transactions
  4. Perform period end routine tasks
  5. Produce reports

  • There are no formal entry requirements for this course, but a good command of English and maths is expected.

*Please see full Terms and Conditions for more information.

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