Assistant Accountant | Level 3 Apprenticeship | Standard

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Course Code: AP0034-RC Course Type: Apprenticeships Duration: 18 months Entry requirements: Please see entry requirement section Assessment: Synoptic tests, portfolio and reflective discussion Qualification: AAT Advanced Diploma in Accounting Level 3

Why this apprenticeship?

A person with an invoice and a calculator

An Assistant Accountant provides support to internal and external customers and will work predominately either as an assistant accountant within practice 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.

This flexible apprenticeship is delivered in partnership with Mindful Education, and combines online learning with face-to-face lessons in the classroom. 

The objective of the qualification is to support the learner’s role in the workplace, providing the opportunity to learn and evidence knowledge and skills as part of an apprenticeship.This qualification has been developed to support learners completing the Assistant Accountant Apprenticeship Standard and covers the knowledge, skills and behaviours of the standard. 

Please note: classroom attendance is fortnightly.

Note regarding Coronavirus (COVID-19): Due to the nature of our Online and On Campus apprenticeships, with key concepts being taught online through high-quality video lectures, apprentices are able to continue their studies seamlessly with social distancing in place. Some of the regular ‘On Campus’ lessons can be replaced by remote ‘virtual classroom’ sessions led by college tutors. This flexible approach can be easily adapted to suit government guidance and college policies

Entry requirements

You must have an employer in place and be in a suitable administration role that covers the themes in the course information tab to complete this apprenticeship.

All prospective new apprentices will complete an initial assessment of their current knowledge skills and behaviours through a skill scan. This must indicate that there is substantial new knowledge skills and behaviours to be learnt by completing this apprenticeship.

Good keyboarding skills are essential as well as a good knowledge of Microsoft Office. Achievement of an AAT Level 2 Foundation Certificate in Accounting is advantageous but not essential.

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.

Entry requirements

Course content

The themes covered in the course are:

  • Business Awareness
  • IT Systems and Processes
  • Ethical Standards
  • Financial Accounting and Reporting
  • Management Accounting

The qualification covers a range of topics:

  • Preparing final accounts of sole trader, partnerships, companies and not-for-profit organisations from Conventional and incomplete records
  • Preparing year end and other adjustments associated with the above variety of organisations
  • Demonstrating an understanding of accounts through analysis and interpretation
  • Advanced Bookkeeping
  • Management Accounting
  • Indirect Tax
  • Advanced Synoptic Assessment

What can I expect from being an Apprentice?

  • Excellent vocational training.
  • A salary and on-going support from your employer and GB MET.
  • In depth experience, insight and understanding of the business sector you are working in.
  • A clear career path.
  • The opportunity to achieve industry-standard qualifications and even a degree!

For more detailed information please see

https://www.instituteforapprenticeships.org/apprenticeship-standards/assistant-accountant/

Further information

What is the study method?

We have partnered with Mindful Education to deliver this apprenticeship through our Online and On Campus model. Apprentices will attend college once every two weeks and will study online materials during allotted time at work.

Online lessons can be accessed at any time, using a mobile, tablet or desktop - meaning apprentices can fit their study around work commitments, minimising disruption in the Assessment/examsworkplace. Each lesson lasts around 45 minutes and is accompanied by animations and motion graphics to bring concepts to life. Exercises, interactive case studies and analytical tools help to enhance the learning experience further.

On campus, apprentices benefit from face-to-face classes at college with an experienced tutor. A combination of classroom-based lessons, group exercises and discussion encourage apprentices to apply theory to real-life workplace situations.

This modern, flexible approach to apprenticeship training empowers learners, minimises disruption to employers, and delivers tangible results in the workplace.

How much will I get paid?

The minimum wage for an apprentice is £4.15 per hour. This rate applies to those under 19 and those aged 19 or over who are in their first year of their apprenticeship. As an apprentice, you must be paid at least the minimum wage for your age if you’re aged 19 or over and have completed your first year.

Do I need to find an employer?

Yes, you have two options.

Option 1 - The best option is to find an employer yourself who wants to employ you as an apprentice. Once you have done this, simply provide us with the details. We will then contact your employer and handle all the administration so you can begin your apprenticeship at the earliest opportunity.

Option 2 - The GB MET recruitment team will try and find you an employer. The team will firstly invite you for an interview to fully assess your skills and aptitude for your preferred apprenticeship roles and do everything possible to find an employer with a current vacancy or one looking for an apprentice that fits the role you are looking for.

Whichever option applies, our recruitment team is here to guide you through every stage of the process.

Can I undertake an apprenticeship with my current employer?

Yes, discuss it with your employer and, if they agree and subject to conditions, you can become an apprentice where you now work.

What time of year can I start an apprenticeship?

You can apply at any time of the year. The start of your work-based training is dependent on your employer and all new Standard apprenticeships must include 20% off-the-job training.

What is off-the-job training?

Training that is delivered outside of an apprentice’s normal working duties.

Off-the-job refers to an apprentice learning outside a regular day-to-day work environment but within working hours.  This includes:

  • Practical activities such as shadowing a more skilled member of staff or ‘off-site’ visits to meet customers or attend a trade show
  • Theoretical activities such as online courses, attending seminars and role playing
  • Learning by writing reports and work-specific documents

Why choose an apprenticeship?

As apprenticeships are now offering routes to degree-level qualifications they have become an increasingly preferred career option. It’s an organic and natural career choice as apprentices are often offered a permanent, full-time position by their employer once training is completed. Certain business sectors offer excellent career potential.

As an apprentice, you get to work alongside experienced staff who will help you to develop job-specific skills and earn a wage at the same time. Many employers hold Apprenticeships in high regard as they offer real industry experience. A successful Apprenticeship provides you with a qualification and the skills you need for your job. This apprenticeship also provides you with the opportunity to progress onto Professional Accounting Technician Apprenticeship - AAT Professional Diploma in Accounting Level 4.

 

Why choose an apprenticeship?

Course fees

Cost for an employer: 

For levy payers the maximum funding available for this course is £8000 which will be taken from your Levy account.

For non-levy payers you will be required to pay a 5% contribution (£400) and the remaining fees will be paid for from the government. If the apprentice is 16 to 18 and they start the course before their 19th birthday they are entitled to 100% of the funding with no contribution from the employer.

Wage for an apprentice: 

The minimum wage for an apprentice is £4.15 per hour. This rate applies to those under 19 and those aged 19 or over who are in their first year of their apprenticeship. As an apprentice, you must be paid at least the minimum wage for your age if you’re aged 19 or over and have completed your first year.

The length of program based on someone working 30 hours per week, undertaking the programme for 18 months plus 3 months EPA – If working less than 30 hours per week, the length of the programme is adjusted in line with hours worked.

Course fees

Apprenticeships

Apprenticeships are available for school leavers and adults (19+), beginning at Level 2 through to degree level.


What levels are available?

Wages

Wages vary depending on the type of apprenticeship but there is a national minimum wage (NMW) in the UK which applies to all 16-18 year olds and to those aged 19 or over in the first year of their studies. This is £4.15 per hour. However, the MET encourages employers to pay at a higher hourly rate.

 

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