Accounting apprenticeships are designed for people who work in accounts positions or have an active finance and accounting aspect to their role. Suitable for recruiting new talent or upskilling existing staff, there are a variety of jobs that accounts apprentices either do or work towards, including:
- Accounts Junior
- Sales Ledger Clerk
- Purchase Ledger Clerk
- Purchase Ledger Senior
- Accounts Assistant
If you are looking for accounting apprenticeship vacancies, you can search for these on our vacancies page.
Apprentices gain qualifications accredited by The Association of Accounting Technicians (AAT), either:
- The Level 3 AAT Advanced Diploma in Accounting or
- The Level 4 AAT Professional Diploma in Accounting
The Damar Difference
At Damar Training, we offer our accounting employers:
- Flexible training options and an account managed service
- An established system to effecitvely identify gaps in knowledge, skills and behaviours and demonstrate impact
- Training in automation software such as Xero, and augmented intelligence
- Experience of delivering accounting apprenticeships in large employers, the public sector, as well as SMEs
- Access to a wide variety of webinars, discussion forums, expert input, videos and other online resources
Accounting Training Delivery Model
Local and national employers can access our 100% work-based training delivery model. All apprentices benefit and learn from their AAT tutor, our extensive online resources and coaching face-to-face / virtual visits from their work-based trainer.
Apprentices study a range of AAT units:
Level 3 Accounting Assistant
In the level 3 apprenticeship, apprentices will undertake the following units:
- Advanced bookkeeping
- Final accounts preparation
- Management accounting: Costing
- Indirect tax
- Ethics for accountants
- Spreadsheets for accountants
Level 4 Accounting Technician
Level 4 accoutancy apprentices will complete the following units:
- Managment accounting: Budgeting
- Management accounting: Decision and control
- Financial statements
- Accounting systems and controls
- Two optional units: Chooose from business tax, personal tax, external auditing, cash and treasury management, and cash management.
At the end of the apprenticeship there is a role-based simulation which covers the knowledge and wider business skills developed during the apprenticeship. Apprentices also submit a portfolio of evidence demonstratting their competence against the full breadth of the skills in the standard.
People of all ages and educational backgrounds can become apprentices, but there are some restrictions, the most important of which are:
- The employer and the training provider must ascertain that the apprenticeship will allow the individual to gain substantive new skills. The training therefore needs to be materially different from any prior qualification or previous apprenticeship;
- The apprentice must be employed, usually for 30+ hours a week, and work more than 50% of their time in England;
- The period of teaching and learning must be at least 12 months and, during this time, apprentices are expected to spend at least 20% of their time in “off the job” training.
If your annual wage bill is over £3 million, the cost of training will be funded by your apprenticeship levy. We can help you to navigate your Apprenticeship Service account to access this funding.
If your wage bill is below the £3 million threshold, the Education and Skills Funding Agency (EFSA) covers 95-100% of the training costs. The level of funding available is determined by the size of your business and the age of the apprentice.
|Size of business||Age of apprentice||Funding available*|
|Less than 50 employees||Aged 16-18||100% funding available|
|Less than 50 employees||Aged 19+||95% funding available|
|More than 50 employees||Aged 16+||95% funding available|
*Please note, some apprenticeships have accreditation costs which are not eligible for government funding.
A £1,000 government incentive is available to both levy and non-levy paying employers who enrol an apprentice aged 16-18.
For Greater Manchester, a £3,000 incentive is available to non-levy paying employers. Funded by the Greater Manchester Combined Authority, the full criteria can be found here.
Most students progress from the Level 3 Assistant Accountant Apprenticeship Standard to the Level 4 Professional Accounting Technician Apprenticeship Standard and then on to chartered accountant status. Successful completion of the AAT Professional Diploma in Accounting (level 4) grants generous exemptions with ACCA, ICAEW, CIMA, ICAS and CIPFA.
The Benefits of Accounting Apprenticeships
Our accountancy firms and finance teams experience a number of benefits from engaging with apprenticeship programmes.
Futureproof your Business
The level 3 and 4 AAT qualifications can be used to attract new talent or develop existing staff. Take advantage of new technologies, close your skills gap and stop your business from falling behind your competitors.
Skills and Behaviours
As technology and automation advances, accountants often require enhanced negotiation and strategic skills, in addition to AAT knowledge. We constantly review our accountancy provision to focus on the skills and behaviours that employers need, such as relationship building and strategic advising.
Avoid paying for your staff to complete commercial AAT courses, which can cost up to £3,000. With accountancy apprenticeships, you won’t pay more than 5% of the training costs, giving you a significant saving which you can use to invest back into your business.
Olivia Sutcliffe, Accounting Apprentice, gives the following advice to anyone considering a career in accounting:
"School leavers are easily swayed or forced to believe they need to attend university, but, unless you definitively know the degree you want to take, why should you rush into university and the debt it entails?
"With research, it became clear to me that many employers were seeking employees with AAT rather than degrees in accountancy. My apprenticeship also came with further benefits; funding for the professional qualifications, being paid as you learn whilst you work and gaining valuable work experience alongside your study.
"I can easily say I have no regrets in the path I took. I have a lot more experience than those my age who went to university, and not an ounce of debt."