Course Details

What are the AAT Foundation Certificate in Accounting Level 2 online course modules?

• Bookkeeping Transactions
• Bookkeeping Controls
• Elements of Costing
• Using Accounting Software
• The Synoptic assessment (incorporating Work Effectively in Accounting & Finance)

What does the AAT Foundation Certificate in Accounting Level 2 online course cover?

The AAT Foundation Certificate in Accounting course covers:

• Understanding an organisation’s cost recording system and using it to record or extract data.
• Using spreadsheets to convey information on actual and budgeted income and expenditure.
• Entering data at the start of an accounting period to set up customer and supplier accounts in accounting software.
• Recording and processing customer and supplier transactions.
• Recording and reconciling bank and cash transactions.
• Processing and using journals to enter accounting transactions.
• Production of reports.
• Understanding an organisation’s accounting or payroll function.
• Using numeracy and literacy communication skills.
• Working independently or in a team to prioritise tasks and manage colleagues’ responsibilities.
• Understanding ethical values, principles and importance of confidentiality.
• Understanding and explaining benefits to organisations of sustainable values.
• Understanding double-entry bookkeeping, integrating books of prime entry and describing coding system functions.
• Understanding discounts and settlement, trade and bulk discount differences.
• Preparing and processing customer and supplier invoices and credit notes.
• Totalling and balancing a 3-column analysed cash book.
• Totalling, balancing and reconciling petty cash records within an analysed petty cash book.
• Processing ledger transactions and extracting a trial balance.
• Understanding the purpose and use of control accounts and journals.
• Maintaining and using control accounts and the journal.
• Reconciling a bank statement with the cash book.
• Understanding the banking process and main services of banks and building societies.
• Understanding requirements of retention and storage relating to bank documents.

AAT Foundation Certificate in Accounting Level 2 exams

The AAT require all students to join as a student member. AAT require you to register as a student member within 14 days of your course start date. This registration allows you to sit any necessary exams and take advantage of the support and resources available. The following items are not  included in your course fees:

• £135 registration fee (£125 for international students), this can be included in your course fee with us, or you can pay AAT directly. If you are already a member, you may not be required to pay this fee.
• Exams cost approximately £60-85 depending on the exam centre.