Professional Accounting Taxation Technician - Level 4
Individuals in the role of a Professional accounting or tax technician will have responsibility for creating, and/or verifying and reviewing, accurate and timely financial information within the organisation in which they are employed or on behalf of another organisation. This will be performed in order to meet relevant ethical, professional and legal standards, and will utilise the individual’s knowledge of the business systems and processes, as well as standard accounting and tax practices. This role may exist in an accounting practice, a professional services company, HMRC or the accounting function of a business or other organisation.
What qualifications will you get?
- Professional Accounting Taxation Technician Level 4 Apprenticeship
- AAT Level 4 - Professional Diploma in Accounting
- Level 2 English/maths if required
You will study 5 modules:
- Management Accounting: Budgeting
- Management Accounting: Decision and Control
- Financial Statements of Limited Companies
- Accounting Systems and Controls
- Professional Diploma Synoptic Assessment
The study of these AAT qualifications are all included as part of the Apprenticeship cost, although exam fees and registration fees must be funded separately.
Progression or other accountancy qualifications
- Level 2 - Accounts/Finance Assistant
- Level 3 - Professional Accounting Taxation Technician
- Level 7 - Accounting and Taxation Professional
Employers involved in creating this standard
- Baker Tilly
- Government Finance Profession
- Ernst & Young
- Grant Thornton
- Hall and Woodhouse
- Harvey & Son
- Hazlewoods LLP
- Health Education East of England
- Kingston Smith
- Lentells Chartered Accountants
- London Borough of Barking and Dagenham
- NHS Employers
- Solid State Solutions
- Warrington and Halton Hospital NHS Foundation Trust
- Association of Accounting Technicians (AAT)
- Association of Chartered Certified Accountants (ACCA)
- Chartered Institute of Management Accountants (CIMA)
- Chartered Institute of Public Finance and Accountancy (CIPFA)
- Association of Taxation Technicians (ATT)
What you will learn
The Apprenticeship standard details the essential Knowledge, Skills and Behaviours that somebody would need to demonstrate to be a successful Professional Accounting Taxation Technician, this includes, General Business, Ethical Standards, Communication, Attention to Detail and Professionalism. Apprentices will need to show they are competent in all the areas detailed in the standard when they take End Point Assessment (see below).
The Knowledge areas of the standard will be covered through completion of the AAT qualification. Skills and Behaviours are developed through workshops, workplace training and practical experience provided ‘on-the-job’.
- Technical knowledge
- Business awareness
- Ethical standards
- Regulation and compliance
- Systems and processes
- Planning and prioritisation
- Produces quality and accurate Information
- Team Working and collaboration
- Uses systems and processes
- Adding Value
- Ethics and Integrity
- Personal Accountability
- Professional scepticism
End point assessment
Throughout your apprenticeship you will complete formal assessments to achieve your chosen professional qualification. You will also submit a range of activities related to the skills and behaviours listed above. There will be regular checkpoints to make sure you’re meeting programme expectations with opportunities for feedback from your Coach.
All apprenticeship includes an End Point Assessment (EPA), assessed by an independent End Point Assessment Organisation (EPAO). The apprentice will take their EPA at the end of their programme where they will demonstrate they are competent in the role that they have developed in.
Individual employers set the selection criteria, but this is likely to include 5 GCSEs, including Maths and English, although some employers will accept other relevant qualifications and experience, including a relevant Level 2 qualification. Apprentices without English or Maths at Level 2 must achieve this prior to taking the end-point assessment.
While there are no upper age limits to an apprenticeship, applicants need to demonstrate they are at least 16 years old, not in fulltime education and show they can achieve the programme by completing a Solveway skill scan.
If you have previously achieved a degree, you can still do an apprenticeship with us, but the apprenticeship programme you choose will need to be in a different discipline. If you’re in doubt, register your details, a member of the team will be able to advise you on eligible.
Starting an intermediate or advanced apprenticeship with Solveway, you can progress your career and work your way through to higher-level apprenticeships to achieve a master’s degree in some career areas.
Every Solveway apprenticeship vacancy specifies the entry requirements, and qualities the employer is looking for. For higher and degree apprenticeships, employers are generally asking for A levels and other Level 3 qualifications. You also need to check the job description for any essential and desirable skills the employer is looking for, and specific qualifications required.
How does the apprenticeship work?
An apprenticeship is a combination of a full-time job with training for a existing or new employee.
Your working time will be split 80/20: this means 80% of your working time will be spent with your employer, carrying out day-to-day duties, while 20% of your time will be ‘off-the-job’ and spent working towards your apprenticeship qualification.
What counts as off-the-job training and how is the 20% measured?
Off-the-job training can include:
- Work spent on your apprenticeship qualification
- Face to face/online classroom training
- Any employer training relevant to the apprenticeship
- Work spent on your reflective journal
- Shadowing other departments
- Attending industry events and workshops
Solveway use an online portfolio system that helps track the required off-the-job training.
How is the training delivered?
All our training is scheduled at the very beginning of the apprenticeship, this allows for planning to limit disruption.
How are apprenticeships funded?
Apprenticeships are funded by the Apprenticeship Levy or by the ESFA. Businesses with an annual payroll of over £3 million pay 0.5% of their annual payroll into a digital account (levy). The funds can then only be used on approved apprenticeship training.
What’s the benefit of hiring apprentices?
Hiring an apprentice is a productive and effective way to grow talent and develop a motivated, skilled and qualified workforce.
- 86% of employers said apprenticeships helped them develop skills relevant to their organisation
- 78% of employers said apprenticeships helped them improve productivity
- 74% of employers said apprenticeships helped them improve the quality of their product or service
source information: gov.uk