Menu
Award Winning Training Provider

AAT Level 2 - Foundation Certificate in Accounting

AQ2016 Syllabus

Summer course discounts - Save 15% on fees:

Why select IDEAL as your training provider? - click here

This foundation level is where you’ll get to develop your skills in finance administration: double-entry bookkeeping, basic costing principles and purchase, sales and general ledgers.

Once you’ve completed the foundation level, you’ll be awarded the AAT Level 2 Foundation Certificate in Accounting (Level 5 in Scotland).

Ideal Schools will provide:

  • All Study Materials via textbook or presentation folder
  • Online access to all textbook training
  • Sage 50 Accounts Essentials
  • 2 years tutorial support via phone & email 
  • Continuous Self Progress tests & Answers
  • 20+ tutor marked assignments
  • Unlimited access to online practice questions

Exam Structure:  5 x centre based examinations
Synoptic Exam:  The 5th and final exam will cover all elements of Level 2. Although the subject of Working Effectively in Finance is not tested on an individual basis, it will be covered within this final exam.
Study Time:  Approx 120-150 hours

Additional Costs: 
1 x AAT Registration fee £41
1 x AAT Annual Membership £90
5 x Centre-Based exams costing approx. £65 per exam

There are five mandatory units at the introductory level:

Bookkeeping transactions
Understanding double-entry bookkeeping, integrating books of prime entry and describing coding system functions
Understanding discounts and settlement, trade and bulk discount differences
Preparing and processing customer and supplier invoices and credit notes
Totalling and balancing a 3-column analysed cash book
Totalling, balancing and reconciling petty cash records within an analysed petty cash book
Processing ledger transactions and extracting a trial balance.

Bookkeeping controls 
Understanding the purpose and use of control accounts and journals
Maintaining and using control accounts and the journal
Reconciling a bank statement with the cash book
Understanding the banking process and main services of banks and building societies
Understanding requirements of retention and storage relating to banking documents

Elements of costing

Understanding an organisation’s cost recording system and using it to record or extract data
Use of spreadsheets to convey information on actual and budgeted income and expenditure.

Using computerised software
Entering data at the start of an accounting period to set up customer and supplier accounts
Recording and processing customer and supplier transactions
Recording and reconciling bank and cash transactions
Processing and using journals to enter accounting transactions
Production of reports (day books, account activity, aged analysis, statements or remittance advice).

Work effectively in finance
Understanding an organisation’s accounting or payroll function
Using numeracy and literacy communication skills
Working independently or in a team to prioritise tasks and manage colleagues’ responsibilities
Understanding ethical values, principles and importance of confidentiality
Understanding and explaining benefits to organisations of sustainable values.

.

Here are just a few positions that you could consider upon completion of this study.
Accounts Administrator
Accounts Assistant
Accounts Payable Clerk
Bookkeeper
Purchase/Sales Ledger Clerk
Tax Assistant/Trainee
Trainee Accounts Technician.
 

Course Details

Course Number: AAT200
Course Fee: £549.00 NOW £466.65
You can pay the full price or pay a deposit of £84.15 (0% APR), followed by 5 monthly payments of £76.50
Enrol now, quickly and securely online

Request a callback!

Still not sure? Call one of our advisors, FREEPHONE 0800 028 1404
why select ideal schools
Course Details
Course Number: AAT200
Course Fee: £549.00 NOW £466.65
You can pay the full price or pay a deposit of £84.15 (0% APR), followed by 5 monthly payments of £76.50
Additional Information
Student Reviews
FAQs
1 Answer
Promotional Deal
1 Answer
AAT Level 2
1 Answer
ItT capability
1 Answer
Exam fees
Award Winning Training Provider
Trustpilot