Accounting and Business Level 2

The Accounting and Business Foundation Level 2 course programme will offer students the opportunity to gain valuable skills to enter the work place in a business, accounting or finance environment, while achieving a nationally recognised qualification that could ultimately lead to the full level 2 AAT Accounting and Business Qualification and AAT membership. The programme is suitable for a wide range of students who are looking to develop both their accounting and business skills and is particularly suitable for younger learners who wish to pursue a career in the financial world.

The programme will be based at the Colchester campus and delivered over three-four days using classroom based teaching and industry case studies and activities. It will include visits to appropriate institutions e.g. The Bank of England and guest speakers from a financial and business background.

Work experience and developing your English and maths skills is an integral and mandatory part of the course.

Please note: Students will be required to become student members of the AAT and this needs to be paid at the beginning of the year.  For further information on student fees, membership criteria and to undertake the AAT skills check, please visit

Learners who have any criminal or civil convictions, have been subject to a Debt Relief Order, County Court Judgements or have entered into an arrangement with their creditors should contact the AAT to discuss their membership application.

Course Content

The Accounting and Business Foundation Diploma course consists of the following units:

  • Bookkeeping Transactions
  • Bookkeeping Controls
  • Elements of Costing
  • Working effectively in Accounting and Finance
  • Using Accounting Software
  • Business Communications and Personal Skills
  • Developing lifelong learning skills
  • Introduction to Payroll Systems
  • Introduction to Business and Company Law

Assessment is achieved by external computer based exams (8 exams)

Entry Requirements

Normally a minimum of 4 GCSEs (A* – C/9-4), including English Language and Maths (grades 9-4) and an interview.

Career Opportunities

On completion of the qualification, students can work in many roles including:  Accounts Assistant, Accounts Payable and Expenses Supervisor, Accounts Payable Clerk, Assistant Accountant, Audit Trainee, Bookkeeper, Corporate Recovery Analyst, Credit Controller, Finance Assistant, Insolvency Executive, Payroll Administrator, Payroll Supervisor, Practice Bookkeeper and Payroll and Tax Assistant.

Course Progression

Successful students will be able to progress onto an Apprenticeship or a Full-time programme in order to further their knowledge and skills.

How To Apply

Applying for a Full-Time course

In order to apply for a full-time course you will need to follow the below steps.

  1. Ensure that you are on the course page of the course you wish to apply for. If you are not on the page then you can select the course you wish to apply for using the course finder button located after step 3.
  2. Once you are on the page of your chosen course and you are certain that you would like to apply for this course, click the ‘Apply Online’ button for the campus that you would like to study at, which is located further down the page.
  3. You will be taken to our online application login page and you will need to set up an account. Click ‘create an account’ to begin the application process.

If you don’t have access to a computer or the internet, please phone our Admissions enquiry line on the 01206 712777 and we will send you a paper application form. The completed form can be returned by post or in person to our admissions teams at our Colchester, Braintree or Clacton campuses.

Colchester Institute
Sheepen Road
The College at Braintree
Church Lane
The College at Clacton,
Church Road,
Clacton-on-Sea, CO15 6JQ

We start accepting applications from the 1st October 2019 and have set an initial deadline for receiving applications of 31st January 2020 for a guaranteed place on your chosen programme (subject to you satisfying the entry requirements), although we do still accept applications after this date.

Applicants will receive an acknowledgement within one week of the application being received by our Admissions team, if you do not receive this you should contact the team on 01206 712777 to check that your application has been received.

Accounting and Business Foundation Diploma Level 2
Course Outline: Basic Bookkeeping transactions and controls, SAGE accounting, costings, payroll, business communications, company law
LevelLevel 2
DurationOne Year
Study ModeFull-Time
CampusColchester Institute
Start DateSeptember 2020
Fee(s)16-18 year olds: Free
19+: £1,355


All Fees and prices shown on the website are for courses starting in the 2019-20 academic year unless stated otherwise, and are correct at the time of entering/printing information, however these may be subject to change. The College cannot accept legal or financial liability as a result of any such changes.

The course information describes programmes offered by Colchester Institute. The College takes all reasonable steps to provide courses as described, but cannot guarantee provision. The information is for guidance and does not form any part of a contract.

The College reserves the right to update and amend information as and when necessary. Colchester Institute will do its best to provide the courses shown, but may have to modify or withdraw a course depending on customer demand and other factors.