Enrolment is now open for Solvo Vir’s new funded accountancy courses, accredited by the Association of Accounting Technicians (AAT). Business can claim funding to cover the costs of the training, which are enrolling now for April 2018.
Our team of trainers will deliver the qualifications, Level 3 Assistant Account and Level 4 Professional Accounting Technician, online and in person. Typically, training for these qualifications uses only one approach. We find, however that the combination of face-to-face instruction and support from trainers and interactive online tuition improves learner success rates.
Face-to-face training in accountancy
Face-to-face sessions form an integral part of the training. Our expert trainers will take learners personally through the part of the course covering diploma content and functional skills. We are proud of the fact that our trainers all have first-hand accountancy experience, so are able to discuss practical scenarios and bring the theory to life.
Learners will attend trainer sessions, including quarterly reviews / support sessions, on a one-to-one basis, or as a group. We schedule sessions to suit the learners and their employers. At all times, we work closely with employers to make sure our training is adapted to specific requirements.
Interactive online accountancy training
Students take other elements of the course content online, following the technical aspects in a high-quality virtual learning environment. A series of structured units includes live interactive webinars to give students extra support. When it comes to revision and applying knowledge to exam style questions, students sit live mock exam webinars.
The benefits of training accountancy staff
The AAT accountancy qualifications provide learners with the knowledge and skills required to produce accurate financial statements. They will also develop an understanding of financial processes. These include: Accounting principles and concepts, business issues regarding VAT, management accounting costing techniques and ethical practices for accountants.
However, benchmarking skills with a nationally-recognised qualification is just one of the plus points for learners and employers. Other benefits include more effective teamworking, better employee retention and becoming a more attractive employer to potential new hires.
Funded accountancy courses
Both the Level 3 and Level 4 AAT accountancy courses result in nationally-recognised apprenticeship qualifications. Because of this, funding is available to cover the costs*.
If your organisation has an annual PAYE bill of more than £3million, you will already be paying the Apprenticeship Levy. You can use funds in your levy pot (your Apprenticeship Service Account) to pay for our accountancy qualifications. These would otherwise cost £9,000.
If your business does not qualify for the Apprenticeship Levy, apprenticeships are still the smart way to train accountancy staff. Generous government funding means small businesses pay just 10% of the cost of a Level 3 or Level 4 apprenticeship – £900 + VAT. By comparison, Level 3 or Level 4 Diplomas take comparable lengths of time to complete but are not eligible for co-funding and cost approximately £2700 + VAT each.
Solvo Vir are experts in the apprenticeship funding process and will help you make light work of the paperwork. Whether you are a larger business paying the Levy, or a smaller business wanting to claim co-investment, we will support you throughout.
AAT Accountancy Training courses are now open for enrolment. Get in touch now to enquire about funding, locations, start dates or any other aspect of the training.
*Note: Under ESFA rules, funding cannot be used to cover registration, exam or professional membership costs.