Professional Accountant
Are you passionate about numbers and financial management? In this Professional Accountant Apprenticeship, you will be equipped with the skills and knowledge needed to excel in the world of accounting and taxation.
As part of this comprehensive apprenticeship, you’ll be equipped with the skills and knowledge needed to excel in creating, verifying, and reviewing financial information while upholding ethical and legal standards.
Immerse yourself in hands-on experience and lay a solid foundation in accounting and tax principles. This programme offers two specialisations: accounting and tax. You’ll delve into essential technical knowledge, including accounting standards, double-entry bookkeeping, tax principles, and government forms.
But it doesn’t stop there. This training programme goes beyond technical skills. You’ll develop a deep understanding of business awareness, learning to navigate different industries and environments with confidence. Covering ethical standards, compliance, and knowledge of systems and processes ensure you’re well-equipped to tackle the regulatory landscape.
Success as a professional accounting or taxation technician requires a range of skills, and this course will help you cultivate them. From enhancing your analytical abilities to sharpening your communication and leadership skills, our programme will sharpen your planning and prioritisation abilities. You’ll empower yourself to deliver accurate financial data in a timely manner while fostering effective teamwork and collaboration.
Staying up to date with relevant IT systems and understanding organisational processes is also of importance. This programme ensures you’re proficient in these areas. Throughout the programme, you will develop behaviours such as adaptability, value addition to businesses, ethics and integrity, proactivity, and professional scepticism. By cultivating these qualities, you’ll thrive in the dynamic field of accounting and taxation.
Ready to embark on a rewarding journey? Enquire now to join our Professional Accountant Apprenticeship and take your career to new heights.
What will I learn?
Skills
Analysis
Create and interpret information, and show how that information can be used most effectively to add value to the organisation.
Communication
Effectively communicate relevant information across the organisation and to appropriate stakeholders in both written and verbal formats.
Leadership
Proactively manage their own development and is committed to the job and their profession.
Planning and Prioritisation
Work to tight deadlines and respond to changing priorities. Effectively plan and prioritise time and co-ordinate the input of others in order to meet both deadlines and changing priorities.
Produces quality and accurate Information
Apply accounting, tax knowledge to consistently deliver high quality, accurate data and information in a timely fashion.
Team Working and collaboration
Work effectively in a team and with others, maintaining effective, professional working relationships both internally and externally across organisations.
Uses systems and processes
Understand the systems and processes of the organisation sufficiently, as applicable to the role. Proficient in the IT systems applicable to the role.
Knowledge
Technical knowledge
Option 1 – Accounting: Knowledge and understanding of the core elements of double entry bookkeeping and accounting standards enable accountants to create and report financial information to the users of accounts. A Professional accounting technician will understand and/or validate the accounting standards for basic accounts preparation and/or the drafting of financial statements. Depending on their role they will also have specialist knowledge in other aspects of accounting, for example management accounting and tax accounting.
Option 2 – Tax: A Professional tax technician will be required to have knowledge and understanding of the core elements of personal and business taxation and accounting principles. They will be required to prepare tax calculations, prepare government forms, understand and comply with filing deadlines, and document client paperwork. Depending on their role they will also have specialist knowledge in other areas of taxation, for example business compliance, VAT, Inheritance tax, trusts and estates and corporate tax.
Business awareness
Financial information is an outcome of an organisation’s activities in the industries and environments in which it operates. In its simplest form, financial information reflects the transactions arising from the purchase and sale of products and services. A Professional accounting or tax technician will understand the industries and environments in which an organisation operates, including customer and supplier needs, in order to create and/or validate and/or report financial information.
Ethical standards
Ethics and integrity are fundamental to the role of all finance professionals as they often independently verify financial information that affects individuals and institutions that are separate from the management of an organisation. A Professional accounting or tax technician will understand and apply the relevant ethical standards to their own behaviour and appropriately challenge the actions of others where they do not meet these standards.
Regulation and compliance
Accounting and tax are governed by a series of standards and regulations which must be applied where relevant. A Professional accounting or tax technician will be able to understand and apply professional standards and legal regulations to an organisation’s financial information, and to comply with the fundamental principles of integrity, objectivity, professional competence and due care and confidentiality.
Systems and processes
Financial information is created, verified and reported via a combination of systems and processes, such as accounting or tax systems, internal control systems and IT systems. An understanding of these systems and processes is fundamental to an accountant’s ability to perform their role. A professional accounting or tax technician will be able to understand and evaluate an organisation’s systems and processes and make recommendations for improvement, as appropriate. Depending on their role they may also have a basic understanding of external and internal audit’s function in giving assurance over these systems and processes.
Behaviours
Adaptability
Willing to both listen and learn and to accept changing priorities and working requirements and has the flexibility to maintain high standards in a changing environment.
Adding value
Actively engage in the wider business, as appropriate, and look to provide information that positively contributes to influencing business decisions. Continually strive to improve own working processes and those of the organisation.
Ethics and integrity
Honest and principled in all of their actions and interactions. They will respect others and meet the ethical requirements of their profession.
Proactivity
Takes responsibility. Demonstrates the drive and energy to get things done, even under pressure.
Professional scepticism
Demonstrates an attitude that includes a questioning mind, being alert to conditions which may indicate possible misstatement of financial information due to error or fraud.
Key Info
Duration
This apprenticeship will typically take 22 months to complete.
Level
This apprenticeship standard is at Level 4.
Qualifications
Where an apprentice has not already achieved Level 2 English and Maths, they must do so before taking the end-point assessment.
Professional Recognition
The Professional accounting or tax technician standard allows student registration with a number of UK professional bodies in this sector. If a candidate seeks to become a member of a professional body there may be other requirements specific to the relevant professional body, which may be taken as part of, or alongside, the Apprenticeship at the employer’s and candidate’s discretion.
Completion of the professional accounting or tax technician apprenticeship may lead to the candidate receiving credits towards the completion of the Professional accountant or tax apprenticeship or chartered Accountancy or taxation qualifications provided by the relevant professional bodies. Completion of the professional accounting or tax technician apprenticeship may also result in credits being awarded towards relevant undergraduate degree programmes.
Training Provider
Receive top-notch training from one of our handpicked providers in our trusted network.
Allow us to handle the seamless connection between you and a training provider who will expertly guide you and your employer through your personalised training journey. With their support, you will elevate your skills and excel in your role.
Enquire now to start your learning journey
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