Level 3 Assistant Accountant Standard
Develop Tomorrow's Leaders: The Level 3 Assistant Accountant Apprenticeship
The Level 3 Assistant Accountant Standard is designed to equip aspiring finance professionals with the advanced skills and knowledge needed to excel in the dynamic world of accounting and finance. This programme is ideal for individuals looking to elevate their careers in finance, offering a blend of practical experience and theoretical learning.
Duration
15-Months
Qualification
Level 3 Diploma in Accounting
Learning Style
Live online training and Online content
Modules
Financial Accounting: Preparing Financial Statements
Management Accounting Techniques
Tax Processes for Business
Business Awareness
Apprenticeship Duties
Duty 1
Duty 2
Record Maintenance
Duty 3
Suspicious Activity Safeguarding
Duty 4
Records Compilation
Duty 5
Information Delivery
Duty 6
Digital Systems Maintenance
Duty 7
Cyber Security
Duty 8
Professional Development
Duty 9
Collaboration & Ethical Standards
End-Point Assessment
Knowledge Test
Professional Discussion
Learning Journey
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Months 1-3: Financial Reporting and Data Management
Apprentices start by assisting in the preparation of financial reports and maintaining accurate records. They are responsible for entering data, preparing monthly and year-end accounts, and supporting audits. Apprentices also play a key role in ensuring the accuracy of financial data and adhering to compliance procedures, such as preventing suspicious activities, including anti-money laundering practices.
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Months 4-6: Cost Management and VAT Compliance
Apprentices develop skills in managing costs and supporting the budgeting process, analysing variances, and preparing reports for management decision-making. A key focus is on VAT compliance, where apprentices assist in preparing and submitting VAT returns, ensuring the organisation meets its VAT obligations. They gain a deeper understanding of tax regulations and the importance of accurate reporting to HMRC.
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Months 7-9: Digital Systems and Stakeholder Communication
During this phase, apprentices focus on mastering accounting software and digital financial systems. They help manage and maintain these systems securely while ensuring compliance with data protection regulations. Apprentices also learn to communicate financial information effectively to both finance professionals and other stakeholders, supporting decision-making processes across the business.
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Months 10–12: Final Preparation and Synoptic Assessment
In the final months, apprentices consolidate their knowledge by applying financial skills to real-world scenarios. They complete tasks such as preparing financial statements, ensuring VAT compliance, and supporting cost control. This phase also includes preparing for the Synoptic Assessment, finalising portfolios that demonstrate competence across all aspects of the role.
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Months 13–15: End-Point Assessment (EPA)
Complete the apprenticeship with the EPA, which includes a knowledge test and professional discussion. Successful completion will certify them as a proficient Level 3 Assistant Accountant, ready to contribute significantly to their employer’s finance team.
Want to find out more
To get detailed information and comprehensive guidance on the Level 3 Assistant Accountant Apprenticeship, download our full course material . This resource will provide you with everything you need to excel in your apprenticeship and develop essential knowledge, skills, and behaviours for a successful career in finance.