Assistant Accountant AAT L3 Apprenticeship

25513W0/P | Parson's Walk Centre, Wigan
Start Date | 01/08/2024
Time/Day |

Is this course for me?

An Assistant Accountant provides support to internal and external customers and will work predominately either as an assistant accountant within practise or alternatively within the finance function of an organisation. Part of their role will involve assisting in the day to day financial activities such as data entry to month end management accounts and/or year-end financial statements. In addition, the Assistant Accountant may find themselves involved in regulatory financial requirements such as the completion of VAT returns or assisting in the preparation of tax computations. Information from Institute for Apprenticeship and Technical Education 2021
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What will I study?

In this apprenticeship you will be learning the knowledge, skills and behaviours to be successful in your chosen role, these include: Knowledge: Business Awareness, IT Systems and Processes, Ethical standards, Financial Accounting and Reporting & management accounting. Skills: Analysis. Communication, producing quality and accurate information, using systems and processes and problem-solving. Behaviours: Embracing change, Adding value, Ethics and Integrity, Personal Accountability, Productivity and Team Working and Collaboration.

How will I be assessed?

All apprentices now complete an end-point assessment to complete their qualification. This is delivered by an independent end-point assessment organisation with no affiliation to the employer or training provider. This is a national requirement and endpoint assessments are carried out by a third party assessor. End point assessments use a variety of assessment methods depending on the apprenticeship standard these can include:Professional Discussions. Interviews. Showcase portfolios. Practical assessment of skill. Theory assessments. Assignments and more

What qualifications do I need?

Employers are looking for apprentices who have GCSE Maths and english at Grade 4. Level 2 - A minimum of 5 GCSEs, graded 9-3 or equivalent, including Maths or english. Level 3 - 6 - A minimum of 5 GCSEs, graded 9-4 or equivalent, including Maths or english.

What can I progress onto?

As well as ensuring full competency as an Assistant Accountant, this standard provides the foundation for progression into a number of career paths in the Accounting sector including Audit Trainee, Corporate Recovery Analyst, Credit Controller or Tax Accountant.

Other Information

If you don''t currently have an employer and would like to undertake an apprenticeship, take a look at our vacancies at www.wigan-leigh.ac.uk/Apprenticeship-Vacancies

Course Fees

16-18 Year Olds 19+ year olds Free for eligible learners? Is Loan Available?
No No
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Chartered and Certified Accountants

Chartered and certified accountants provide accounting and auditing services, advise clients on financial matters, collect and analyse financial information and perform other accounting duties required by management for the planning and control of an establishment’s income and expenditure.

Requirements: Honours, Bachelor's degree

Opportunities

5.33%
RISE in employment in 5 years

What could you earn

£23,450
Entry
£49,727
Median
£87,239
Potential

Typical Tasks

  • Conducts investigations and advises management on financial aspects of productivity, stock holding, sales, new products, etc.
  • Prepares periodic accounts, budgetary reviews and financial forecasts.
  • Liaises with management and other professionals to compile budgets and other costs.
  • Evaluates financial information for management purposes.
  • Conducts financial investigations concerning insolvency, fraud, possible mergers, etc..
  • Prepares tax returns, advises on tax problems and contests disputed claim before tax official.
  • Audits accounts and book-keeping records.
  • Prepares financial documents and reports for management, shareholders, statutory or other bodies.
  • Plans and oversees implementation of accountancy system and policies.

Knowledge

Clerical Mathematics Economics and Accounting Customer and Personal Service English Language Computers and Electronics Law and Government Personnel and Human Resources

Skills

Monitoring Mathematics Active Listening Active Learning Critical Thinking Learning Strategies Reading Comprehension Speaking Writing
Apply Now for Assistant Accountant AAT L3 Apprenticeship

Book-keepers, Payroll Managers and Wages Clerks

Book-keepers, payroll managers and wages clerks maintain and balance records of financial transactions, oversee the operation of payroll functions and calculate hours worked, wages due and other relevant contributions and deductions.

Requirements: Level 2 NVQ; GCSE at grades A*-C

Opportunities

5.12%
RISE in employment in 5 years

What could you earn

£7,865
Entry
£25,852
Median
£46,748
Potential

Typical Tasks

  • Calculates costs and overheads and prepares analyses for management.
  • Compiles schedules and distributes or arranges distribution of wages and salaries.
  • Processes holiday, sick and maternity pay and travel and subsistence expenses.
  • Calculates and records hours worked, wages due, deductions and voluntary contributions.
  • Supervises payroll team and develops payroll systems and procedures.
  • Prepares provisional balances and reconciles these with appropriate accounts.
  • Records and checks accuracy of daily financial transactions.

Knowledge

Clerical Customer and Personal Service Mathematics Administration and Management English Language Economics and Accounting Personnel and Human Resources

Skills

Active Listening Reading Comprehension Critical Thinking Speaking Learning Strategies Writing Mathematics Active Learning Monitoring
Apply Now for Assistant Accountant AAT L3 Apprenticeship

Finance Officers

Finance officers oversee book-keeping, general accounting and other financial and related clerical functions mainly within local government and a variety of public sector organisations.

Requirements: Certificate

Opportunities

3.38%
RISE in employment in 5 years

What could you earn

£12,897
Entry
£25,056
Median
£43,903
Potential

Typical Tasks

  • Coordinates the activities and resources of finance departments.
  • Plans work schedules and assigns tasks to financial clerks.
  • Prepares or arranges the preparation of financial reports for managers.
  • Oversees the recording and checking of daily financial transactions, the preparation of provisional balances and reconciliation of accounts.

Knowledge

Clerical Administration and Management Mathematics Economics and Accounting Computers and Electronics Customer and Personal Service English Language Personnel and Human Resources Law and Government

Skills

Active Listening Reading Comprehension Critical Thinking Speaking Learning Strategies Writing Mathematics Active Learning Monitoring
Apply Now for Assistant Accountant AAT L3 Apprenticeship

Course fees shown are per annum for University Centre courses. Courses lasting longer than one year, fees will be payable per year.

All other courses show the total fees payable for the course.

If you need advice on any financial support that may be available to you, please contact us on applications@wigan-leigh.ac.uk or phone 01942 761111

Wigan & Leigh College endeavours to ensure that the information provided on the website is accurate. All courses are offered subject to student numbers and the College reserves the right to amend, withdraw or amalgamate any of the courses, fees, services, locations or facilities described at any time. The College cannot accept liability arising out of such changes or connected to such changes, however it will undertake to minimise disruption to students.