OUR COURSE: ASSISTANT ACCOUNTING

Apprenticeship in Professional Accounting Taxation Technician AAT
Level 4 Standard

This Apprenticeship provides the breadth and depth of skills and knowledge needed for employment in Accounting.

COURSE COSTS

Total cost per candidate
(Levy Employer)

£9,000.00

Employer 10% contribution once Levy exhausted or Non Levy Employer

£900.00

End Point Assessment Cost
(Paid by Kiwi)

£700

Levy employers can use their funds to fully pay for this qualification

Non Levy employers pay 10% contribution (£900.00) and remaining 90% can be government funded. Please make an enquiry for further details

Role Profile

Individuals in the role of a Professional Accounting/Tax Technician will have responsibility for creating, and / or verifying and reviewing, accurate and timely financial information within the organisation in which they are employed or on behalf of another organisation. This will be performed in order to meet relevant ethical, professional and legal standards, and will utilise the individual’s knowledge of the business systems and processes, as well as standard accounting and tax practices. This role may exist in an accounting practice, a professional services company, HMRC or the accounting function of a business or other organisation.

Examples of roles as a Professional Accounting/Tax Technician include, but are not limited to, Assistant Auditor, Assistant Management Accountant, Assistant Financial Accountant, Accounts Payable and Expenses Supervisor, Commercial Analyst, Payroll Manager, Senior Bookkeeper, Senior Financial Officer, Tax Investigations Officer, Personal Tax Assistant and Business Tax Assistant.

Entry Requirements
Individual employers set the selection criteria, but this is likely to include 5 GCSEs, including Maths and English, although some employers will accept other relevant qualifications and experience, including a relevant Level 2 qualification. Apprentices without English or Maths at Level 2 must achieve this prior to taking the end point assessment.

How will this course be taught?
This is a work based qualification. Learners will be visited in their workplace by a Kiwi trainer, who will assess using observations, discussions, product evidence, assignments and witness statements. Trainers will require access to carry out observation of the learner in the workplace demonstrating their skills, attributes and competencies. This will be necessary and will be used to assess your competence in your job.

What are the career/progression opportunities?

- Junior Management Consultant Level 4
- Operation Departmental Management Level 5

Employers involved in creating the standard:
Baker Tilly, BDO, Costain, Dains, Deloitte, Government Finance Profession, Ernst & Young, Flemmings, Grant Thornton, Hall and Woodhouse, Harvey & Son, Hazlewoods LLP, Health Education East of England, Kingston Smith, KPMG, Lentells Chartered Accountants, London Borough of Barking and Dagenham, NHS Employers, PwC, Solid State Solutions, Warrington and Halton Hospital NHS Foundation Trust, Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), Chartered Institute of Public Finance and Accountancy (CIPFA), Association of Taxation Technicians (ATT), Institute of Chartered Accountants in England and Wales (ICAEW)

COURSE CONTENT

  • INTRODUCTION

    This is an Apprenticeship designed as an entry-level role into the Accountancy and / or Taxation Sectors. Roles are applicable to organisations of all sizes and to Apprentices in Accountancy and Taxation Practices including finance functions in Private, Public and Charity Sector organisations.
  • The principles driving the design of our Assessment Plan are that:
    • It should add value to both the Apprentice and the Employer by ensuring essential Knowledge, Skills and Behaviours are developed and demonstrated in the course of the Apprenticeship.
    • As an Employer led programme which aligns to their needs it should widen access to existing and respected qualifications within the Sector that enhance the employability of an Apprentice.
    • It should widen access to the Sector through offering alternative routes to demonstrating competency, which reflects the fact that potential Apprentices may not follow an academic path that leads to University.
    • Costs and practicalities should be appropriate and proportionate to Employers with a small numbers of Apprentices.

    The approach to assessment is based on the Employers’ requirements that apprentices are:

    • Able to perform their role within their occupation to a high standard on completion.
    • Able to make continuous progress towards competence throughout the apprenticeship.

    This is an apprenticeship, designed as an entry level role into the Accountancy Profession, and can lead into a variety of careers with supporting professional qualifications. The role is applicable to a wide range of employers across the sector in both large and small firms and in industry, practice and public sector. As such the assessment plan needs to have the flexibility to cater for these different operating models, support structures and commercial requirements.
  • OVERVIEW OF ASSESSMENT
  • Our Assessment Plan includes two distinct elements: An On-programme Assessment and an End-point Assessment. The On-programme Assessment is an important element of the learning process as Apprentices acquire the relevant Knowledge, Skills and Behaviours. The End-point Assessment, which is attempted after the On-programme Assessment, is the single determinant that the Apprentice has met the competencies of the Standard. All Apprentices will attempt the same End-point Assessments; however, we are proposing two distinct and separate routes to completing the On-programme Assessment: The Examination Route and the Work Experience Route. The difference between these two routes is the weighting apportioned to Examinations and Work Based Assessment in the On-programme Assessment. For the avoidance of doubt, the On-programme Assessment in the Work Experience Route will be weighted towards Work Based Assessment.
  • END POINT ASSESSMENT

    What is being assessed
  • Many Employers now state that the demonstration of professional Knowledge, Skills and Behaviours in the workplace is as important as demonstrating competency in an Examination. Our choice of Endpoint Assessment therefore reflects this feedback.
  • A Portfolio of evidence that demonstrates competence in the Knowledge, Skills and Behaviours defined in the Standard, which have been gathered from practical experience in the workplace. This can include outputs from work, independent feedback, observations and professional discussions. The Apprentice must then produce a Reflective Statement that reflects on this Portfolio, either through a written statement, presentation or structured discussion with Independent Assessors appointed by an Assessment Organisation.
  • A Role Simulation giving the Apprentice the opportunity to tackle a series of business-related tasks through a simulation that reflects activities undertaken in a typical role at this level of competence. An Assessment Organisation will set the simulation, ensure robust invigilation and mark the assessment.
  • The overall determination of whether competency has been achieved by the Apprentice will be carried out by the Assessment Organisation who will have oversight of the outcome of both components of the End-point Assessment. The Assessment Organisation will provide ultimate oversight and independence of the End-point Assessment. This means that it is not possible for an Employer or Training Provider to determine the outcome of the decision and ensures the award of the apprenticeship is independent.
  • Portfolio and Reflective Discussion
    To prepare for the End-point Assessment the Apprentice must collate the Training Logs for each Progress Review period and present them in a Portfolio.
    The Employer (and / or an Approved Training Provider, as required) may review the Apprentice’s Portfolio to ensure that it covers the Knowledge, Skills and Behaviours of the Standard and meets the required level of competency. The means of recording the Training Logs and Portfolio can be provided by the Employer, Approved Training Provider or Assessment Organisation and can be electronic or paper based.
    The Apprentice in conjunction with their Employer (and / or an Approved Training Provider, as required) will then decide on the most appropriate means by which they wish to reflect on the work produced in the Portfolio that in turn should be a reflection of their whole Apprenticeship. This can be achieved as a reflective written statement, presentation or structured discussion with Independent Assessors appointed by an Assessment Organisation. The decision on the format of the reflection (i.e. written statement, presentation or interview) must be agreed between the Employer, Apprentice and Assessment Organisation.
    Detailed learning outcomes will be provided to each Independent Assessor reflecting the relevant method of assessment chosen by the Apprentice and their Employer. This will ensure consistency in standards of competency demonstrated by successful Apprentices, irrespective of the means of assessment selected.

TECHNICAL KNOWLEDGE & UNDERSTANDING

  • Option 1 - Accounting
    Knowledge and understanding of the core elements of double entry bookkeeping and accounting standards enable accountants to create and report financial information to the users of accounts. A Professional Accounting Technician will understand and / or validate the accounting standards for basic accounts preparation and / or the drafting of financial statements. Depending on their role they will also have specialist knowledge in other aspects of accounting, for example management accounting and tax accounting.
  • Option 2 – Tax
    A Professional Tax Technician will be required to have knowledge and understanding of the core elements of personal and business taxation and accounting principles. They will be required to prepare tax calculations, prepare government forms, understand and comply with filing deadlines, and document client paperwork. Depending on their role they will also have specialist knowledge in other areas of taxation, for example Business Compliance, VAT, Inheritance Tax, Trusts and Estates and Corporate Tax.
  • Business Awareness
    Financial information is an outcome of an organisation’s activities in the industries and environments in which it operates. In its simplest form, financial information reflects the transactions arising from the purchase and sale of products and services. A Professional Accounting/Tax Technician will understand the industries and environments in which an organisation operates, including customer and supplier needs, in order to create and / or validate and / or report financial information.
  • Ethical Standards
    Ethics and integrity are fundamental to the role of all finance professionals as they often independently verify financial information that affects individuals and institutions that are separate from the management of an organisation. A Professional Accounting/Tax Technician will understand and apply the relevant Ethical Standards to their own behaviour and appropriately challenge the actions of others where they do not meet these standards.
  • Regulation and Compliance
    Accounting and Tax are governed by a series of standards and regulations which must be applied where relevant. A Professional Accounting/Tax Technician will be able to understand and apply professional standards and legal regulations to an organisation’s financial information, and to comply with the fundamental principles of integrity, objectivity, professional competence and due care and confidentiality.
  • Systems and Processes
    Financial information is created, verified and reported via a combination of systems and processes, such as accounting/tax systems, internal control systems and IT systems. An understanding of these systems and processes is fundamental to an accountant’s ability to perform their role. A Professional Accounting/Tax Technician will be able to understand and evaluate an organisation’s systems and processes and make recommendations for improvement, as appropriate. Depending on their role they may also have a basic understanding of external and internal audit’s function in giving assurance over these systems and processes.

SKILLS

  • Analysis
    Create and interpret information, and show how that information can be used most effectively to add value to the organisation.
  • Communication
    Effectively communicate relevant information across the organisation and to appropriate stakeholders in both written and verbal formats.
  • Produces quality and accurate information
    Apply accounting/tax knowledge to consistently deliver high quality, accurate data and information in a timely fashion.
  • Uses systems and processes
    Understand the systems and processes of the organisation sufficiently, as applicable to the role. Proficient in the IT systems applicable to the role.
  • Problem Solving
    Applies techniques to both common and non-routine problems, analysing where required and selecting the appropriate tools and techniques to produce solutions. Escalates or seeks guidance and support where appropriate.
  • Leadership
    Proactively manage their own development and is committed to the job and their profession.
  • Team Working and Collaboration
    Work effectively in a team and with others, maintaining effective, professional working relationships both internally and externally across organisations.

BEHAVIOURS

  • Adding Value
    Actively engage in the wider business, as appropriate, and look to provide information that positively contributes to influencing business decisions. Continually strive to improve own working processes and those of the organisation.
  • Ethics and integrity
    Honest and principled in all of their actions and interactions. They will respect others and meet the ethical requirements of their profession.
  • Proactivity
    Takes responsibility. Demonstrates the drive and energy to get things done, even under pressure.
  • Professional Scepticism
    Demonstrates an attitude that includes a questioning mind, being alert to conditions which may indicate possible misstatement of financial information due to error or fraud.

IN BRIEF:

Qualification

Apprenticeship in Professional Accounting Taxation Technician AAT



Qualification Level

Level 4

End Point Assessment Centre

AAT

Additional pricing information

Full funding is available for 16-18 year-olds. Funding may also be available for those 19+, however this based on prior attainment and on an individual basis. Please refer to Levy & Non Levy funding page.

Instruction language

English

Qualification Duration

The length of this apprenticeship should typically be 18 - 24 months.


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