AAT lists a standard qualification fee of £460 for the Level 2 Certificate in Accounting. Training provider fees for tuition are separate: AAT puts them at £600 to £2,000.
| Standard qualification fee | £460 |
|---|---|
| Registration with AAT | £187, one-off |
| Assessments | Three at £67 each and one at £72 |
| Training provider fees | £600 to £2,000 |
A one-off registration fee of £187, paid directly to AAT, which gives access to the qualification for its lifetime (typically four to five years), the study support resources, and the right to sit the assessments. Then four assessments: three at £67 each and one at £72, paid to the training provider or assessment venue.
Training providers and assessment venues may add an administrative fee for each assessment, and these vary from one organisation to another. You need a training provider even for distance learning.
AAT says you may be eligible for support from your employer or other bodies, and its AAT Bursary scheme supports financially disadvantaged people.
This task is about calculating invoice amounts.
Customer: Elmfield Joinery
200 × A4 copier paper at £9.90 per box
Trade discount: 10%
VAT at 20%
Calculate the amounts to be shown on the sales invoice. (4 marks)
| £ | |
|---|---|
| List price before discounts | |
| Net amount | |
| VAT @ 20% | |
| Total |
This task is about classifying costs.
These costs are incurred by a furniture manufacturer.
Classify each cost by element, by nature and by behaviour. (9 marks)
| Cost | Element | Nature | Behaviour |
|---|---|---|---|
| Insurance of the factory building | |||
| Wages of the machine operators, paid per unit made | |||
| Telephone bill: fixed line rental plus a charge per call |
This task is about totalling and balancing ledger accounts.
The account below is ready to be totalled and balanced at the end of June.
| Debit details | £ | Credit details | £ |
|---|---|---|---|
| Invoice | 10,986 | Bank | 8,857 |
| Invoice | 2,976 | Credit note | 3,574 |
Complete the balancing. For the balance carried down and the balance brought down, choose the side of the account on which each entry is written. (4 marks)
| Entry | Side | £ |
|---|---|---|
| Balance carried down, 30 June | ||
| Total of each side | Both | |
| Balance brought down, 1 July | Same amount |
£187, a one-off fee paid directly to AAT.
AAT lists three assessments at £67 each and one at £72. Venues may add an administrative fee.
AAT puts training provider fees at £600 to £2,000, on top of the £460 standard qualification fee.