AAT Level 2 & 3 Accounting:

If you are new to the world of bookkeeping & accounting and are looking to achieve an entry into the accounting field, then this is the course package for you. Taking you from the basics of bookkeeping through to the completion of final accounting reports this is a comprehensive course of study that also includes computerised accounting, professional ethics, spreadsheet software, and much more, which is detailed below. We are specialists in bookkeeping & accounting training via home study (that's all we do) and we know we have the courses and support to help you succeed.

Ideal Schools will provide:

• • All Study Materials via textbook or presentation folder
  • Online access to textbook training materials
  • Free Xero software training
  • 3 years tutorial support via phone & email
  • Continuous Self Progress tests & Answers
  • 35+ tutor marked assignments
  • Unlimited access to online practice questions
  • FREE postage & packaging

  
  Exam Structure: 10 x Centre based examinations
  Study Time: Approx 300 - 350 hours
  
  Additional Costs:
  1 x AAT Admission fee £48
  1 x AAT Annual Membership £99
  10 x Centre-Based exams: Exam & centre fees vary greatly depending on exam centre admin charges. Together, these could range from £70 to £100+ per exam. We can help with locating your nearest and most cost effective centres.

There are Eight elements to this course package:

LEVEL 2:

Introduction to Bookkeeping
Understand how to set up bookkeeping systems
Process customer transactions
Process supplier transactions
Process receipts and payments
Process transactions into the ledger accounts:

Principles of Bookkeeping Controls
Use control accounts
Reconcile a bank statement with the cash book
Use the journal
Produce trial balances

Principles of Costing
Understand the cost recording system within an organisation
Use cost recording techniques
Provide information on actual and budgeted costs and income
Use tools and techniques to support cost calculations

The Business Environment
Understand the principles of contract law
Understand the external business environment
Understand the principles of corporate social responsibility (CSR), ethics and sustainability
Understand the impact of setting up different types of business entity
Understand the finance function within an organisation
Produce work in appropriate formats and communicate effectively
Understand the importance of information to business operations

LEVEL 3:

Financial Accounting: Preparing Financial Statements
Understand the accounting principles underlying final accounts preparation
Understand the principles of advanced double-entry bookkeeping
Implement procedures for the acquisition and disposal of non-current assets
Prepare and record depreciation calculations
Record period end adjustments
Produce and extend the trial balance
Produce financial statements for sole traders and partnerships
Interpret financial statements using profitability ratios
Prepare accounting records from incomplete information

Tax Processes For Business
Understand legislation requirements relating to VAT
Calculate VAT
Review and verify VAT returns
Understand principles of payroll
Report information within the organisation

Management Accounting Techniques
Understand the purpose and use of management accounting within organisations
Use techniques required for dealing with costs
Attribute costs according to organisational requirements
Investigate deviations from budgets
Use spreadsheet techniques to provide management accounting information
Use management accounting techniques to support short-term decision making
Understand principles of cash management

Business Awareness
Understand business types, structures and governance, and the legal framework in which they operate
Understand the impact of the external and internal environment on businesses, their performance and decisions
Understand how businesses and accountants comply with principles of professional ethics
Understand the impact of new technologies in accounting and the risks associated with data security
Communicate information to stakeholders

Here are just a few positions that you could consider upon completion of this study.
Self Employed Bookkeeper
Accounts Assistant
Accounts Payable and Expenses Supervisor
Accounts Payable Clerk
Assistant Accountant
Audit Trainee
Bookkeeper
Credit Controller
Finance Assistant
Practice Bookkeeper

Currently there are no Q&As for this course. Be the first to ask a question.