Course code: XMZS700P
Subject area: Accounting and Finance
Study level: Apprenticeship
Course level: 2
Course time:
09:00 - 17:00
Days of week:
Various
Course date:
1st Aug 2023 - 31st Jul 2024
Course location:
Off SiteDuration:
• 13 months practical training period, plus 3 months for End Point Assessment
Delivery model:
• Work-based training with your employer
• Day release during term time (approx. 26 days per year at Abingdon or Witney)
• Level 1 Functional Skills in Maths and English (7 days at college for each, if required)
• Off the job training will count for at least 6 hours a week of an apprentice’s time at work
Qualifications included:
• Level 1 Functional Skills in English and Maths
• AAT Level 2 Foundation Certificate in Accounting
• Level 2 Accountants or Finance Assistant Apprenticeship
End Point Assessment:
• In-tray test
• Portfolio
• Structured Interview
• Awareness of elements of commercial law such as contracts, data protection or Anti Money Laundering
• The importance of upholding relevant codes of conduct
• Awareness of the impact of technology on business and its accounting and finance functions.
• Understanding of own role within the context of your organisation
• Understanding of transactional processes of accounting and their use within a finance function
• Understanding of what makes a business or organisation successful, through either buying or selling products or supplying services to a market
• Understanding of how accounting systems and processes allows a business to keep track of all types of financial transactions
• Knowledge of a range of routine accounts reports, reports and their use within the finance function
• Understanding of the basics of internal control within own organisation
• Awareness of basic accountancy concepts and double entry bookkeeping
• Understanding of bookkeeping controls
• Understanding of the cost recording system within an organisation
• Understanding of the differences between Financial and Management Accounting
• Understanding corporate social responsibility (CSR), ethics and sustainability within organisations
• Understanding the importance of the need to keep up to date with relevant policies, procedures, regulatory or system changes
• Level 1 Functional Skills in English and Maths
• AAT Level 2 Foundation Certificate in Accounting
• Level 2 Accountants or Finance Assistant Apprenticeship
• Able to examine data to identify issues and reconcile data to minimise the chance of errors
• Ability to plan and review work, recognise and rectify errors
• Can deal effectively with a range of stakeholders using appropriate communication methods to deliver accurate and timely results
• Can avoid jargon and uses the correct technical terms where appropriate
• Demonstrates good listening and speaking skills to be able to communicate effectively
• Ability to use systems and processes effectively
• Able to use relevant office and accounting software packages to manage data accurately
• Can maintain the security of accounting information
• Ability to organise self, prioritise workload and activity to meet deadlines
• Can actively identify team workload problems and offers to support peers where appropriate
• Able to understand issues beyond own remit
What behaviours will apprentices develop?
• Supports colleagues and collaborates to achieve results
• Builds working relationships within own team and other parts of the organisation
• Awareness of their impact on others
• Successfully implements changes that are required, as directed
• Displays an ongoing commitment to learning and self-improvement
• Seeks feedback and acts on it to improve their performance
• Looks to behave professionally by adhering to the organisational code of conduct
• Shows a ‘right first time’ and integrity in their approach
• Demonstrates personal pride in the job through appropriate dress and language
• Builds customer satisfaction with the products and services offered by the organisation
• Delivers excellent service, identifying and meeting or exceeding customer expectations