Accounting Apprenticeship – Level 3

Course content

The apprentice will study the core knowledge, skills and behaviours as laid out in the delivery plan including knowledge of Business Awareness, IT Systems and Processes, Ethical Standards, Financial Accounting and Reporting, and Management Accounting, the apprentice will acquire and be able to demonstrate their skills to include Analysis, Communication, Produce Quality and Accurate Information, Use Systems and Processes, and Problem Solve. Behaviours studied will include Embracing Change, Adding Value, Ethics and Integrity, Personal Accountability, Productivity and Team working and Collaboration.

What Qualification will I get?

Assistant Accountant Level 3 apprenticeship standard.

Course assessment

Your apprentice training is delivered through a mix of college-based training and work-based assessment which is pre-planned and flexible enough to fit alongside your business needs. The training includes;

• The apprentice will attend college for day release at our Lichfield campus working to achieve AAT’s Advanced Diploma in Accounting qualification.
• Our Assessors will visit your workplace to observe your employee undertaking their normal on-the-job duties, and from this a work-based assessment will be made. In conjunction with you and your apprentice, the Assessor will develop an action plan to show what units are being studied, what evidence needs to be prepared, as well as the time and date of the Assessors visits.

The End Point Assessment has two elements:

• An online assessment, where you’ll tackle a series of business-related tasks through simulation in line with typical role activities.
• Submission of a portfolio of evidence gathered from the workplace. You must then reflect on the portfolio through a professional discussion.

Benefits to employers

Hiring an apprentice is a productive and effective way for any organisation to grow talent and develop a motivated, skilled and qualified workforce. Hiring an apprentice can help you improve productivity and reduce staff turnover.

There’s a wide selection of apprenticeships available, covering lots of different job roles to help you choose a qualification that quits your business needs. This helps you match the skills of the employees to the skills that you need.

Fees

If you have less than 50 staff and the apprentice is between 16-18 then the apprenticeship will be fully funded, you will only need to pay for the apprentice’s wages. If you choose to recruit an apprentice who is 19 or above, you will be required to pay 5% of the cost of the apprenticeship (the government will fund 95%).

If you are a large employer with 50+ staff, you will be required to fund 5% of the apprenticeship costs regardless of the age of the learner.

Employers with a wage bill of over £3 million will pay the cost of the apprenticeship through the apprenticeship levy. For more guidance on this please refer to our website.

Benefits to apprentice

As an apprentice you will work alongside experienced, skilled staff, you will gain job-specific skills and training, you will earn a wage and get holiday pay whilst you train.

The Assistant Accountant Level 3 will help build your skillset with more advanced accounting processes. This means you can begin to investigate more specialist roles using your new knowledge of topics like tax and insolvency.