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///Level 2 AAT Accounting and Business
Level 2 AAT Accounting and Business 2018-07-18T11:00:32+00:00
  • This is a full UK regulated qualification highly valued within the UK and around the world

  • Academic equivalent to a GCSE (grades A*-C)

  • AAT qualifications are highly valued and sought after by employers throughout the UK and EU

  • AAT is an internationally recognised provider of accounting qualifications

  • Holds the same value certification from a college or university

  • Our courses are tailored to your specific learning needs

  • Unlimited access to learning materials

what does this qualification cover?

The Level 2 Diploma in Accounting and Business is made up of ten mandatory units, assessed by a mixture of computer based tests and projects.

Learners need to complete all mandatory units listed and all exams to achieve this qualification.

Bookkeeping Transactions

  • Understand financial transactions within a bookkeeping system
  • Process customer transactions
  • Process supplier transactions
  • Process receipts and payments
  • Process transactions through the ledgers to the trial balance

Bookkeeping Controls

  • Reconcile a bank statement with the cash book
  • Understand the use of the journal
  • Open a new set of double entry bookkeeping records using the journal
  • Use the journal to correct errors disclosed and not disclosed by the trial balance
  • Create and clear a suspense account using the journal
  • Use the journal to record other transactions, such as irrecoverable debts, contras and payroll entries
  • Understand key payment methods and the clearing system
  • Understand the importance of document retention
  • Understand and reconcile control accounts
  • Prepare sales and purchase ledger and VAT control accounts
  • Reconcile sales and purchase ledger control accounts

Elements of Costing

  • Understand the cost recording system within an organisation
  • Use the cost recording techniques
  • Provide information on actual and budgeted costs and income

Using Accounting Software

  • Set up accounting software
  • Process sales and purchases transactions
  • Process bank and cash transactions
  • Perform period end routine tasks
  • Produce reports

Work Effectively in Finance

  • Understand the role of the finance function
  • Use Personal skills development in finance
  • Produce work effectively
  • Understand corporate social responsibility (CSR) ethics and sustainability

Business Communication and Personal Skills

  • Communicate in a business environment
  • Use personal skills in a business environment
  • Use effective communication and personal skills in different situations in a business environment

Developing Lifelong Learning Skills

  • Understand how to use different learning methods in different situations
  • Plan own learning
  • Use information appropriately to meet own learning needs
  • Evaluate learning to improve own performance

Introduction to Business and Company Law

  • Identify key elements of the English legal system
  • Understand principles of contract law
  • Identify key employment law issues
  • Recognise the consequences of setting up a limited company

Introduction to Payroll

  • Understand core payroll principles
  • Understand payroll procedures for changes to employee data
  • Calculate gross and net pay
  • Carry out basic post-payroll activities

All of our tutors are industry experts with years of experience. Throughout your time studying with us, you’ll benefit from their world-class knowledge and guidance.

We offer a range of payment options, including monthly payments with interest-free credit, so you can choose whichever option suits you best.

Our fees cover everything you’ll need to succeed with your studies, including a huge range of online resources, a dedicated mentor, industry expert tutors and a 2 year guarantee.

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