professional careers training & recruitment

Introduction of AAT Level 2 Course

The AAT Level 2 Certificate in Accounting is ideal for anyone wishing to study accountancy and finance alongside a range of complementary business and personal skills.
The purpose of the AAT Level 2 Certificate in Accounting (previously known as the “AAT Foundation Certificate in Accounting”) is to offer the foundation accounting knowledge needed to progress to employment or further study in accountancy and finance, alongside business and personal skills that are transferable to any sector and additional business knowledge relevant to accountancy.
The qualification offers a broader focus across several subject areas which enhances employability.

Course Duration

6 - 12 months

Time Commitment

6 - 8 hours per week

Tutor Support

Phone, email, video call

Pay by Instalments

Interest free instalments

Multi Award Winning

AAT Training Provider

Pass Promise

Tutoring until you pass

Assessment Criteria

Three units are assessed individually in end-of-unit assessments. This qualification also includes a synoptic assessment that draws on and assesses knowledge and understanding from across a number of units.

Tutor Support

You will be allocated a personal AAT tutor who will guide you throughout the course.
We have a team of tutors who are here to help and if your personal tutor is not available they will be happy to help and keep the marking turnaround prompt. They are qualified, experienced, patient and effective communicators so you will find that you will build a good student/teacher relationship with them all.
When studying with us you will find the staff friendly and helpful with a great support network for students. You will receive constructive feedback, guidance and support. You will also receive a personal timetable to follow which structures your whole coursework for you which can be flexible to suit your pace of study.

AAT Level 2 Certificate in Accounting Syllabus – Course Units

This unit provides students with an understanding of manual and digital bookkeeping systems, including the associated documents and processes. Students will learn the basic principles that underpin the double-entry bookkeeping system and will learn that digital accounting systems are automating some of the stages in the process. Students will learn how to check the accuracy of invoices, credit notes, remittance advices, statements of account and petty cash vouchers. They will know how to use these documents to make entries in sales and purchases daybooks, sales and purchases returns daybooks, and discounts allowed and received daybooks using account codes, as well as how to transfer those totals to the sales, purchases and general ledgers. They will learn that entering these into a digital bookkeeping system is the same process as entering the transactions manually, although the way they are entered will vary from system to system. The United Kingdom (UK) government department responsible for collecting taxes, HM Revenue & Customs (HMRC), offers more than one method of accounting treatment when prompt payment discount (PPD) is allowed and received. However, students at this level are only required to use credit notes to adjust for PPD. Using this approach, credit notes are recorded in separate daybooks, a discounts allowed daybook and/or a discounts received daybook, which removes the need for discount columns in the cash book. There is no requirement at this level for students to understand how to account for PPD by any other method. This unit refers to value added tax or VAT. This is an indirect tax operating in the UK, but this type of tax may also operate and be known by another name in other countries. The cash book and petty cash book are also covered in this unit, including making entries into both and transferring totals to the ledgers. Students will learn that entering transactions into the cash book of a digital bookkeeping system serves the same purpose as entering the transactions into a manual bookkeeping system. Students will make appropriate checks on the accuracy of supplier invoices and credit notes, reconcile supplier statements with the purchases ledger account and calculate payments due to suppliers. They will also calculate sales invoice and credit note amounts and check receipts from customers. Students will have learnt all stages necessary to process transactions using both manual and digital systems. Reference to digital systems includes applications as well as both desktop and cloud accounting software.
This unit builds on the knowledge and skills acquired from studying Introduction to Bookkeeping and explores control accounts, journals and reconciliations. It takes students through a number of processes used in bookkeeping that help verify and validate the entries made. These processes enable the student to understand the purpose of control accounts and associated reconciliations. Students will also understand the use of the journal to the stage of redrafting the trial balance, following initial adjustments. This unit covers procedures that are required to ensure bookkeeping is completed beyond purely entering or processing initial transactions, which will enable students to develop their understanding of the relationship between the various accounting records and consolidate their knowledge of double-entry bookkeeping. Students will develop the ability to prepare the value added tax (VAT) control account as well as the receivables and payables ledger control accounts, including reconciliation with the receivables and payables ledgers. They will use the journal to record a variety of transactions, including the correction of errors. Students will be able to redraft the initial trial balance, following adjustments. They will learn to update the cash book following receipt of a bank statement, and also how to prepare a bank reconciliation statement. This unit explores the knowledge required to complete these bookkeeping procedures both manually and digitally. While the student will not be expected to demonstrate the ability to use any specific accounting software, the unit will explain to them where digital accounting systems are automating processes they are learning. The skills and knowledge gained will enable students to understand the business environment and facilitate their comprehension of a digital accounting system. Reference to digital systems includes applications as well as both desktop and cloud accounting software.
This unit gives students an introduction to the principles of basic costing and builds a solid foundation in the knowledge and skills required for more complex costing and management accounting. Students will learn the importance of the costing system as a source of information that allows management to plan, make decisions and control costs. Students should recognise the key differences from a business perspective between costing and financial accounting. Students will learn a range of techniques to cost materials, labour and overheads to establish the unit cost of a product or service, and this will include understanding and applying codes. Students will learn how to classify costs and will understand how different classifications of cost can be used for internal management decision making. Students will understand how cost behaves at different levels of output, and how variable and fixed costs per unit behave as output changes. Students will learn to build a basic unit product cost using labour hours, machine hours and per unit as a basis. This will prepare students and give them the basic tools for studies in overhead apportionment, reapportionment and absorption in later units. They will learn that overhead is a large, and in many cases the largest, component of cost. The budgetary control system is introduced, and by comparing actual costs with budgeted costs for a single product and using a fixed budget, students will determine variances, noting whether they are adverse or favourable and reporting to management on their causes and effects. Learning the tools and techniques that can be used to support the calculation of costs will allow students to recognise that cost calculations can be prepared more quickly and accurately than manual calculations.
The business environment is dynamic and is changing considerably as the digital age progresses to facilitate the global nature of business. It is essential that students are aware of the impact that this environment has on organisations, from sole traders to large companies operating in local, national and global markets, and that they are equipped with the knowledge and skills to enable them to work effectively. This unit provides knowledge and understanding of key business concepts and their practical application in the external and internal environment in which students will work. Students will gain an understanding of the legal system and principles of contract law and an appreciation of the legal implications of setting up a business and the consequences this may have. Wider issues impacting businesses will be considered, including the global economic environment in which it operates, how governments impact upon it and the competitive nature of the global economy. Students will learn how organisations are structured and where the finance function fits within this. They will recognise that the role of the finance function has changed considerably due to the impact of new technologies. Although many of the activities remain similar, their scope and nature reach beyond the traditional boundaries of the finance function. This unit will prepare students for the current workplace and help them recognise the importance of working effectively, whilst acknowledging the value of differences and being sensitive to the needs of others. They will gain an appreciation of communication methods and learn how to recognise valid sources of information. They will develop skills in using data analytic technology to solve problems, analyse data and communicate effectively. Ethics and sustainability are key themes embedded throughout this unit. Students will recognise the importance of ethics in business and how sustainable business is important for future business success.

Why Choose the AAT Level 2 Certification in Accounting Qualification?

Students should choose the AAT Level 2 Certificate in Accounting (Q2022) if they’re interested in developing transferable business and personal skills alongside their core accountancy skills. This qualification may also be valuable for those entering the workplace for the first time or for those changing careers who would like additional support in upskilling to enter, or re-enter, a business environment.

Is there any Entry Requirements for AAT Level 2 Training?

There are no entry requirements for the AAT Level 2 Certificate in Accounting (Q2022) course.
In developing this qualification, AAT has carried out extensive consultation with and received input from a wide variety of stakeholders, including industry experts, employers and training providers. AAT qualifications benefit from being globally recognized and they’re valued by leading employers, from small high street firms to large accountancy businesses. They offer students flexible study options, with over 500 AAT Approved training providers around the world.

What Does Qualification Covers?

The Level 2 Certificate in Accounting covers a broad range of core accounting skills, as well as accountancy-related business skills and personal skills.
Key themes have also been introduced throughout the suite of accounting qualifications, including technology, ethics, sustainability and communication.

What will this qualification lead to?

The accountancy and business skills developed by studying this qualification will enable a student to seek employment with confidence and/or to progress to the next level of learning. A student completing this qualification will develop skills in double-entry bookkeeping and will understand how to use journals, control accounts and a trial balance. Students will also gain an understanding of accounting software packages, how to process financial information in accordance with company procedures and schedules, and how to provide information to colleagues, suppliers and/or customers as required.

The jobs it can lead to

Our Trending Courses

Invest in your professional growth now.

Enroll Now and get 10% discount