Foundation Accountancy Apprenticeship
Level 3 Assistant Accountant
The Foundation Apprenticeship is a programme aimed at school and college leavers supporting health service employers to develop the workforce of the future.
The 18-month Level 3 Assistant Accountant Apprenticeship is intended for individuals commencing roles within a Finance function; typical job roles include Purchase/Sales Ledger Clerk, Finance Assistant etc.
Download the Foundation Accountancy Apprenticeship overview (PDF 233kb)
What the Programme Includes
Development
Support
What the Learning Involves
On programme apprentices will be provided with training on the following AAT units:
As well as classroom learning apprentices will be expected to undertake independent study in order to adequately prepare them for the exam at the end of each unit.
What End Point Assessment (EPA) Entails
The purpose of the EPA is to assess an apprentice’s competency in the role.
Apprentices are put forward for EPA when they have:
The EPA consists of the following components:
On completion a final grade of either Pass or Distinction is awarded to recognise achievement.
In addition to the L3 Assistant Accountant Apprenticeship individuals who successfully complete the programme will also gain the AAT L2 Certificate in Bookkeeping, L3 Advanced Diploma in Accounting and MOS Excel qualifications.
How Long the Programme Takes
The programme takes 18 months to complete during which time apprentices are employed by a lead employer on a fixed term contract.
What Apprentices are Paid
Apprentices are paid National Minimum Wage ie. £4.81 hr or £9,406 pa for under 18s (figures correct as at 1st April 2022). In addition, apprentices are enrolled as student members of AAT whilst on programme and are also reimbursed for any training related travel costs incurred.
Progression Opportunities Available
On completion apprentices can progress on to the L4 Professional Accounting Technician Apprenticeship and ultimately the L7 Accountancy Professional Apprenticeship incorporating professional qualifications.