Accountancy Apprenticeship (Level 4)

Employment/Study

Accountancy Apprenticeship (Level 4)

Level:

Level 4

Venue:

Queens Drive or North Star

Professional Accountants are responsible for creating, and /or verifying and reviewing, accurate and timely financial information within the organisation in which they are employed or on behalf of another organisation. This will be performed in order to meet relevant ethical, professional and legal standards, and will utilise the individual’s knowledge of the business systems and processes, as well as standard accounting practices. This role may exist in an accounting practice, a professional services company, HMRC or the accounting function of a business or other organisation.

An internationally recognised qualification, AAT is the go-to route for those looking to start an accounting career. This qualification ensures learners are work-ready for this vital and in-demand role.

Example Job Roles

Assistant Auditor, Assistant Management Accountant, Assistant Financial Accountant, Accounts Payable and Expenses Supervisor, Commercial Analyst, Payroll Manager, Senior Bookkeeper, Senior Financial Officer, Tax Investigations Officer, Personal Tax Assistant and Business Tax Assistant.

Programme Requirements

Must have 5 GCSEs including Maths, English and ICT at grade 9 - 4 (A*- C) or be willing to undertake Functional Skills Level 2. Must have successfully achieved AAT Level 3. We do have to make sure that the Apprentice has the potential to achieve the different elements that make up the Apprenticeship qualification, and that they are working at the right level in their job. It may be a requirement to complete an initial assessment in English and Maths, and this may lead to taking some additional diagnostic assessments and skills exams.

Typical Duration

18-24 months to complete, depending on the employer and apprentice needs.

Apprenticeship Content

This apprenticeship standard has been developed with the help of employers such as Baker Tilly, BDO, Deloitte, Government Finance Profession, Ernst & Young, Flemmings, Hall and Woodhouse, Hazlewoods LLP, Health Education East of England, KPMG, Lentells Chartered Accountants, London Borough of Barking and Dagenham, NHS Employers, PwC, Solid State Solutions, Warrington and Halton Hospital NHS Foundation Trust, Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), Chartered Institute of Public Finance and Accountancy (CIPFA), Association of Taxation Technicians (ATT), Institute of Chartered Accountants in England and Wales (ICAEW).

There are a number of elements to each Apprenticeship and this is called a Standard. This Standard includes:

A knowledge based qualification

  • Professional Diploma in Accounting Level 4

On Programme Assessment

  • Portfolio of evidence

  • Assessment of behaviours and skills

  • Systems and processes

  • Creating and interpreting financial data

  • Team working and collaboration

  • Planning and prioritisation

  • Communication, both independently and as part of a team within the organisation’s standards

  • Applying accounting knowledge to consistently deliver high quality and accurate data

Functional Skills

  • Maths, English at Level 2

End-point assessment

  • Role simulation

  • Portfolio of evidence

What can an apprentice do next?

Progression can be made to a management accountant CIMA or a certified accountant ACCA.

If you have any questions or queries relating to apprenticeships, please contact the apprenticeship team Apprenticeships@newcollege.ac.uk.

Useful Link

https://www.apprenticeships.gov.uk/#

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