Accountancy

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If you’re interested in a career in accountancy or finance, this Foundation Apprenticeship gives you the unique opportunity to get real workplace knowledge and experience plus an industry recognised qualification.

In Scotland, around 86,000 people are employed in the financial services industry. You could be working in jobs like: actuary, management accountant, insurance broker, insurance risk surveyor, economist, investment analyst and investment banker.

Many roles come with excellent salary and benefits packages, as well as the offer of training to progress your career further. There are also excellent prospects of working in different locations as you develop your career.

What's the qualification?

You’ll gain a Foundation Apprenticeship in Accountancy, which is the same level of learning as an SQA Higher (SCQF level 6).

This includes:

  • A National Progression Award (NPA) in Accountancy at SCQF level 6
  • Core units of the AAT Advanced Diploma in Accounting* or ACCA Intermediate Certificate in Financial and Management Accounting at SCQF level 6

*When you complete the AAT units, you'll be awarded the Level 3/SCQF 6 AAT Advanced Certificate in Bookkeeping.

SCQF qualification levels explained

What will I learn?

As well as gaining a holistic overview of the accountancy sector, you’ll learn about:

  • Recording financial accounting information (and bookkeeping)
  • Preparing financial information
  • Indirect tax
  • Analysing accounting information
  • Management accounting
  • Professional ethics for accountants

Your Foundation Apprenticeship will also help you to develop core skills valued by employers, particularly:

  • Communication
  • Problem solving
  • Working with others
  • Time management

These transferable skills are necessary and highly desirable for working in a range of other related jobs.

SCQF qualification levels explained

Where could it take me?

Your Foundation Apprenticeship gives you lots of options: it’s up to you where you go next.

  • A Modern Apprenticeship: On completing your Foundation Apprenticeship, you’ll have achieved three units of the Level 3 Modern Apprenticeship in Accounting - as it includes units from the Modern Apprenticeship (AAT or ACCA) as the professional qualification skills and competence element which would count as APL/RPL from the FA for these completed units.

  • Further Education: Additional training and undertaking other qualifications, such as an HND or HNC to progress into accountancy roles. Your workplace experience will support your college application.

  • University: Foundation Apprenticeships are recognised as equivalent to SQA Highers by all Scottish universities. You’ll already have quality experience in the industry – this will make your UCAS stand out from the crowd.

  • Straight to a job: Use your qualification and work experience to find a job in the financial services industry. Typical roles include: accountancy technician, advanced accountancy technician and other related roles through to becoming a Chartered Accountant.  

SCQF qualification levels explained

Find out if this subject is available at your school