Introduction
The Association of Accounting Technicians (AAT) Level 2 qualification is an entry-level certification that provides foundational skills in accounting and finance. Future Connect Training offers a comprehensive AAT Level 2 course designed to equip students with the necessary knowledge and skills to excel in their accounting careers. This tutorial provides an in-depth look at the AAT Level 2 modules offered at Future Connect Training, including their content, learning objectives, and assessment methods.
Course Structure
The AAT Level 2 course at Future Connect Training is structured into several core modules:
- Introduction to Bookkeeping
- Principles of Bookkeeping Controls
- Principles of Costing
- The Business Environment
- Using Accounting Software
Each module is designed to build upon the previous one, ensuring a comprehensive understanding of accounting principles and practices.
Module Breakdown
1. Introduction to Bookkeeping
Content:
- Double-entry bookkeeping
- Accounting equations
- Ledger accounts
- Trial balances
Learning Objectives:
- Understand the basics of double-entry bookkeeping.
- Learn how to record financial transactions in ledger accounts.
- Prepare a trial balance to ensure the accuracy of financial records.
Assessment:
- Computer-based exam focusing on practical bookkeeping tasks.
2. Principles of Bookkeeping Controls
Content:
- Control accounts
- Journals
- Reconciliation
- Correction of errors
Learning Objectives:
- Develop the ability to maintain control accounts and perform reconciliations.
- Understand how to use journals to record adjustments and corrections.
- Identify and correct errors in financial records.
Assessment:
- Computer-based exam including multiple-choice and task-based questions.
3. Principles of Costing
Content:
- Costing systems
- Cost classification
- Marginal and absorption costing
- Budgeting
Learning Objectives:
- Gain an understanding of different costing methods and systems.
- Learn to classify costs and prepare cost reports.
- Develop budgeting skills to support financial planning and control.
Assessment:
- Computer-based exam with a combination of theoretical questions and practical tasks.
4. The Business Environment
Content:
- Business structures
- External and internal environments
- Stakeholders
- Corporate social responsibility (CSR)
Learning Objectives:
- Understand the different types of business structures and their characteristics.
- Analyze the impact of internal and external factors on business operations.
- Identify the roles and interests of various stakeholders.
- Recognize the importance of CSR in business.
Assessment:
- Computer-based exam comprising scenario-based questions and multiple-choice questions.
5. Using Accounting Software
Content:
- Introduction to accounting software
- Setting up accounts
- Recording transactions
- Generating financial reports
Learning Objectives:
- Learn how to use accounting software to manage financial records.
- Develop the skills to set up and configure accounting systems.
- Record and process financial transactions electronically.
- Generate and interpret financial reports.
Assessment:
- Practical assessment using accounting software to complete tasks related to financial record-keeping and reporting.
Learning Approach
Future Connect Training utilizes a blended learning approach, combining online resources, classroom instruction, and hands-on practice. This ensures that students receive a well-rounded education and can apply theoretical knowledge in practical scenarios.
Support and Resources
Students at Future Connect Training have access to a range of support services and resources, including:
- Experienced Tutors: Professional tutors with industry experience provide guidance and support throughout the course.
- Study Materials: Comprehensive study materials, including textbooks, workbooks, and online resources.
- Practice Exams: Access to practice exams and mock assessments to prepare for the actual exams.
- Career Support: Assistance with job placements and career advice to help students transition into the workforce.
Frequently Asked Questions (FAQs)
Q1: Who is the AAT Level 2 course suitable for?
A: The AAT Level 2 course is ideal for individuals who are new to accounting and finance, as well as those looking to formalize their existing knowledge and skills.
Q2: What are the entry requirements for the AAT Level 2 course?
A: There are no formal entry requirements for the AAT Level 2 course. However, a good understanding of basic mathematics and English is beneficial.
Q3: How long does it take to complete the AAT Level 2 course?
A: The course duration varies depending on the study mode. Full-time students can complete the course in 6-9 months, while part-time students may take 9-12 months.
Q4: Can I study the AAT Level 2 course online?
A: Yes, Future Connect Training offers both online and in-person study options, allowing students to choose the mode that best suits their needs.
Q5: What are the career prospects after completing the AAT Level 2 course?
A: Graduates of the AAT Level 2 course can pursue various entry-level roles in accounting and finance, such as Accounts Assistant, Bookkeeper, and Finance Administrator. The qualification also provides a pathway to further studies, such as AAT Level 3.
Q6: How are the exams conducted?
A: All AAT Level 2 exams are computer-based and are conducted at approved exam centers. Students can book their exams at a time that is convenient for them.
Q7: What support is available if I struggle with any part of the course?
A: Future Connect Training offers additional support through one-on-one tutoring, online forums, and study groups. Students can also access a range of online resources to aid their learning.
Conclusion
The AAT Level 2 course at Future Connect Training provides a solid foundation in accounting and finance. With its comprehensive modules, practical assessments, and robust support system, students are well-prepared to embark on successful careers in the accounting field. Whether you are starting fresh or looking to enhance your existing skills, this course offers the knowledge and qualifications needed to advance in the world of finance.