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Level 2 Accounts or Finance assistant apprenticeship

  • LEVEL 2
Finance & accounting assisstant

Course Overview

Available from September 2024 onwards

Apprenticeship standards are employer-led, meaning that employers can specify exactly what’s required from an apprentice in each specific role. They outline the skills, knowledge and behaviours required to carry out your job role which are delivered and carried out both in the workplace, through teaching & learning and independent learning.

All the skills, knowledge and behaviours must be met in full for you to achieve your Apprenticeship.

An Accounts/Finance Assistant is an integral part of the team responsible for maintaining an efficient and accurate finance function within a business.

The Accounts/Finance Assistant is responsible for assisting the team of accountants with junior accounting duties. These can vary massively depending on the team structure and size of business.

An Accounts/Finance Assistant’s work could include basic bookkeeping activities, working with sales and purchase ledgers, running calculations to ensure that records and payments are correct, recording of cash and data entry.

Accounts/Finance Assistants can work in almost any sector.

Course Code


Entry Requirements

Entry requirements –
Apprentices without level 2 English and maths will need to achieve this level prior to completion of their apprenticesh...

Course information

Skills, knowledge and behaviours are assessed by competencies being displayed in the workplace. These can include observations, employer feedback, assessor progress reviews and evidence collating
On programme assessment will include various coaching and mentoring assessment methods. These assessments are designed to review the behaviours, knowledge and skills against set gateway criteria. In addition, you, your employer and the college are required to maintain an off the job training log evidencing new skills and knowledge being learnt over the duration of the apprenticeship. The final grading of the apprenticeship will be carried out through an End Point Assessment, by an independent assessor. The gateway requires competence to be demonstrated via achievement of one of the following Level 2 qualifications: AAT Foundation Certificate in Accounting (Level 2), ACCA Certificate in Financial and Management Accounting (Level 2), IAB Level 2 Certificate in Bookkeeping or ICB Level 2 Certificate in Bookkeeping
The EPA for this standard has two distinct assessment methods that have been designed to be completed only once the apprentice has finished the on-programme learner journey and passed through the Gateway. The two EPA assessment methods include a Structured interview (supported by a portfolio of evidence summary) and a in-tray test which will be conducted and graded by an independent EPAO.

12 months (this does not include the EPA period)

On completion of this standard, apprentices will be able to progress onto the Level 3 Advanced Apprenticeship for assistant accountant

Progression would be to Assistant Accountant / Trainee Accounting Technician / Accounts Clerk / Cashier Finance Assistant / Purchase Ledger Clerk / Sales Ledger Clerk.
They will also be able to apply for the appropriate level of professional membership aligned with this apprenticeship, dependent on the qualification chosen. Professional body memberships that are relevant to the options for this apprenticeship are: IAB – Associate Level Membership ICB – Associate Level Membership

Level 2