Orael Institute, London

Accounting – Level 2 Intermediate Apprenticeship

About The Course

Accountancy is a highly-skilled field that provides a clear pathway for those starting out and one for which formal qualifications play a vital role in the career journey. Therefore, an apprenticeship that draws together work and study makes it an appealing choice if you’re looking to enter this profession.

An intermediate apprenticeship in accounting (also referred to as a level 2 apprenticeship) is equivalent to 5 GCSEs graded at levels 9 to 4.

You could be working on a variety of financial activities from bills and expenses to payroll and taxes. Employment possibilities for you includes accounts assistant/clerk, cashier, finance assistant and sales ledger clerk.

A significant amount of the job training is undertaken in the workplace. This is a demanding but interesting course which should be achieved in 12 months whilst gaining valuable workplace experience. Most jobs in this sector are office-based with a typical 9am to 5pm, Monday to Friday working week.

Duration: 1 Year
Location: Workplace, Online and the institute
Sector: Legal, finance and accounting

WHAT WILL THE APPRENTICE STUDY?

On this apprenticeship you will cover topics such as;

  • Bookkeeping transactions
  • Bookkeeping controls
  • Elements of costing
  • Working effectively in finance
  • Using accounting software.
  • Accounting systems and processes
  • Basic accounting

For more information on the apprenticeship please contact our admission office.

Apprentices will also be required to take one of the professional qualifications listed below, as chosen by the employer to be most relevant to the job role:

  • AAT Level 2 Certificate in Accounting
  • ACCA Certificate in financial and management accounting (level 2)
  • IAB Level 2 certificate in bookkeeping
  • ICB Level 2 certificate in bookkeeping

WHAT WILL I NEED?

You will need:

  • To be aged 16 or older
  • To be employed for a minimum of 30 hours per week with 20% of your normal working hours set aside for you to complete your training and study
  • GCSEs in English and Maths at grade 4 or above or Functional Skills at Level 2 in English and Maths

All applicants must have an interview and assessment in English and Maths to confirm that the apprenticeship is suitable for them.

Employers may also set additional entry requirements, as a prerequisite to working with them.

HOW WILL I BE ASSESSED?

To complete the Accounting apprenticeship, apprentices will be expected to complete:

  • A synoptic end-test covering the knowledge and skills gained throughout the on-programme stage and detailed in the standard.
  • A portfolio and reflective discussion which will comprise a range of evidence produced in the work-place to show that the Apprentice has met the knowledge, skills and behaviours detailed in the standard. The reflective discussion will be a structured interview to examine this evidence and the learner journey in more detail.

OCCUPATIONAL PROFILE

On completion, the apprentice will 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

Neither AAT nor ACCA offer professional registration upon completion of this apprenticeship.

APPLICATION PROCESS

WHEN SHOULD I APPLY?
We recommend you apply at least three months before the programme starts to guarantee your place. The application form will take approximately 15 to 30 minutes to complete.

WHEN WILL I HEAR BACK FROM YOU?
We’ll acknowledge receipt of your application by email within 48 hours, if it’s received during normal working hours (Mon-Fri – 09:00-18:00 GMT). We will review and respond to your application within two working days. We do this in order of receipt and acceptance is not automatic.

CAN I RESERVE A PLACE?
Yes. We can hold a provisional place for you for up to two weeks, but be aware that completed applications take priority and programmes often fill up several months in advance. You can reserve a place online, by phone or by email. Tel: +44 749 199 3874 Email: admin@oraelinstitute.com

WHAT ARE YOUR LANGUAGE REQUIREMENTS?
The programme is taught in English, so a good working knowledge of the language is essential. If English is not your first language, we may ask you for evidence of your proficiency.

WHAT IF I HAVE MORE QUESTIONS?
If you have any more questions, please read our FAQs here.
Read our full terms and conditions.

COURSE FEE

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*Fees are subject to change and subject to meeting certain requirements.
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