AAT Foundation Certificate in Accounting

The AAT Foundation Certificate in Accounting covers a range of foundation accounting and finance skills in five mandatory units (240 guided learning hours).

The purpose of this qualification is to ensure that students are well prepared to progress into a business, finance or professional accountancy career or further education.

What You Will Study?

• Introduction to Bookkeeping
  • This unit provides students with an understanding of manual and digital bookkeeping systems, including the associated documents and processes. Students will learn the basic principles that underpin the double-entry bookkeeping system and will learn that digital accounting systems are automating some of the stages in the process.
• Principles of Bookkeeping Controls
  • This unit builds on the knowledge and skills acquired from studying Introduction to Bookkeeping and explores control accounts, journals and reconciliations. It takes students through a number of processes used in bookkeeping that help verify and validate the entries made. These processes enable the student to understand the purpose of control accounts and associated reconciliations. Students will also understand the use of the journal to the stage of redrafting the trial balance, following initial adjustments.
• Principles of Costing

  • This unit gives students an introduction to the principles of basic costing and builds a solid foundation in the knowledge and skills required for more complex costing and management accounting. Students will learn the importance of the costing system as a source of information that allows management to plan, make decisions and control costs. Students should recognize the key differences from a business perspective between costing and financial accounting.

• The Business Environment
  • The business environment is dynamic and is changing considerably as the digital age progresses to facilitate the global nature of business. It is essential that students are aware of the impact that this environment has on organisations, from sole traders to large companies operating in local, national and global markets, and that they are equipped with the knowledge and skills to enable them to work effectively.