AAT Foundation Certificate in Accounting - Level 2 (Blended Delivery)

The aim of this qualification is to introduce you to basic accounting and finance skills. You’ll develop your skills in finance administration: double-entry bookkeeping, basic costing principles and purchase, sales and general ledgers.
As a standalone qualification, or as a first step towards the intermediate and advanced levels, it will allow you to move up to further study in accountancy and finance.

The introductory level will suit you if:
● You work in accounts and would like a formal qualification in the field
● You would like to acquire new skills to help with a change in your career
● You're a school leaver looking for an introduction to accounting and finance
● You are not currently in employment or training and you need workplace skills
You would like to go onto be an AAT full member or study for chartered status

INTRODUCTION TO BOOKKEEPING
● Understand how to set up bookkeeping systems
● Process customer transactions
● Process supplier transactions
● Process receipts and payments
● Process transactions into the ledger accounts

PRINCIPLES OF BOOKKEEPING CONTROLS
● Use control accounts
● Reconcile a bank statement with the cash book
● Produce trial balances

PRINCIPLES OF COSTING
● Understand the cost recording systems within an organisation
● Use cost recording techniques
● Provide information on actual and budgeted cost and income
● Use tools and techniques to support cost calculations

THE BUSINESS ENVIRONMENT
● Understand the principles of contract law
● Understand the external business environment
● Understand key principles of corporate social responsibility (CSR), ethics and sustainability
● Understand the impact of setting up different types of business entity
● Understand the finance function within an organisation
● Produce work in appropriate formats and communicate effectively
● Understand the importance of information to business operations