Foundation Certificate - AAT Level 2
The foundation covers the basic principles of accountancy and is your starting point if you’ve never studied accountancy before. You’ll learn the basic principles of accountancy, such as double-entry bookkeeping, costing and preparing financial statements, as well as how to use accountancy software.
This level is ideal if you’re new to accountancy and finance, have previously worked in an accounts department, or are looking to change your career into accountancy.
To pass this level, you'll be examined on five units (also known as subjects), of which one includes the synoptic assessment. This tests the knowledge you have gained throughout the level, covering multiple (but not all) units. All assessments are computer-based exams (CBE).
The area you will cover include:
- Bookkeeping transactions
- Bookkeeping controls
- Elements of costing
- Using accounting software
- Foundation Synoptic Assessment
The Apprenticeship standard details the essential Knowledge, Skills, and Behaviours that somebody would need to demonstrate to be a successful Accounts/Finance Assistant, this includes General Business, Ethical Standards, Communication, Attention to Detail and Professionalism. Apprentices will need to show they are competent in all the areas detailed in the standard when they take the End Point Assessment.
The Knowledge areas of the standard will be covered through the completion of the AAT qualification. Skills and Behaviours are developed through workshops, e-learning, workplace training, and practical experience provided ‘on-the-job’.