AAT Level 2 Certificate In Bookkeeping

Awarded by the Association of Accounting Technicians (AAT), the AAT Level 2 Certificate in Bookkeeping will give you a solid introduction to bookkeeping and basic accounting practices to give you confidence in the workplace.

AAT qualifications are ideal if you are new to finance or looking to brush up on your knowledge and skills. You will learn a range of basic level 2 accounting practices and techniques including manual double entry bookkeeping and associated documents and processes, up to Trial Balance standard, providing a great starting point for anyone wishing to start a career in the accounting industry.

This bookkeeping qualification offers a combination of classroom or online lessons and regular tutorial support. In addition to your classroom or online lessons, students will be expected to study for an additional eight hours per week.

The following two units will be studied:

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 and procedures related to processing business transactions, financial documents and payments for customers and suppliers.
• Developing skills in processing ledger transactions and preparing an initial trial balance.

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.

• Maintenance and reconciliation of a cash book by accurately entering receipts and payments, balancing and reconciling with bank statements.
• Knowledge and understanding of the UK banking system and related organisational activities.
• Petty cash transactions and the importance of the Journal as a primary accounting record.
• Maintaining control over debtors and creditors, aided by preparation and use of debtor and creditor control accounts.
• Non-standard bookkeeping transactions and double-entry bookkeeping records.