Course Details

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

• Processing Bookkeeping Transactions
• Control Accounts, Journals and the Banking System
• Basic Costing
• Work Effectively in Accounting and Finance
• Computerised Accounting

AAT Foundation Certificate in Accounting Level 2 exams

To take exams with AAT, you must pay them directly and you must be an AAT member.

Fees cover:

• AAT admission fee
  • £41 one off fee
• AAT annual membership fee
  • £90 paid annually – UK students
  • £80 paid annually – International students
• Exam fees
  • £70-80 per exam (fees may vary slightly dependent on test centre)
  • Fee must be paid to the AAT Approved assessment venue

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.