AAT L2 Elements of Costing (2016 syllabus)
Duration: 40-50 Hours
Level: 2
Exams: 1
Our unique materials are completely up-to-date and mirror the syllabus as set by the Association of Accounting Technicians (AAT).
Tried and tested, and written by our very own course specialists.
Elements of Costing (ELCO)
This unit introduces you to management accounting. You will learn how a business uses accounts to help them plan for the future and the different type of costs involved in running a business.
Elements of Costing
- Understanding the cost recording system within an organisation
- Use cost recording techniques
- Methods of costing materials
- Methods of costing labour
- Overheads and absorption costing
- Provide information on Actual and Budgeted costs and income
As this unit is designed for the complete beginner, there are no prerequisites for this course. However, you must have basic numerical skills and a good understanding of the English language.
Training Link focuses on only three subjects: Accounting, Bookkeeping, and Payroll.
This keeps us focused on delivering the best student experience. And that’s why over the last 26 years we’ve won over 20 awards – from AAT’S Best New Training Provider in 2018 to ICB’s Large Training Provider of the Year for the last ten years in a row.
Training Link has written and created all of the study material in our standard and premium course packages.
And because we control this material, we can improve it based on student feedback and results. This is what helps Training Link students achieve fantastic pass rates.
The course fee includes:
- Printed Workbook containing lessons, examples, activities and two mock exams
- Activity and Mock exam answers
- Materials available online
- 6 months of access to our online portal
- 6 x online assessments
- Additional online resources (help sheets, self-tests etc)
- Free postage and packaging within the UK
Further study
The following Units can also be taken as part of the Level 2 syllabus.
AAT was established in 1980 and is the world’s leading professional body for accounting technicians with over 130,000 members.
AAT’s qualifications are internationally-recognised, OfQual regulated, and the syllabus has been developed after feedback from businesses so students develop real-world skills which improve their employability. They award 80% of all vocational qualifications in accounting.
Organisations such as Sainsbury’s, P&G, Morgan Stanley, the Ministry of Defence and many more continue to hire AAT qualified members for their knowledge, skills, and diligence.
Studying for an AAT qualification is a much more cost-effective option for school-leavers. It offers the promise of a career in a well-respected profession and doesn’t lead to the eye-watering levels of debt associated with a typical university education.
80% of AAT members that have completed an AAT accounting qualification agree that it has increased their earning potential.*
* – source – AAT’s salary survey 2021
If you choose to sit the exam at the end of this unit, you would be required to have registered as a student with the AAT first. You would then contact your nearest testing centre to book your exam.
To find your nearest venue go to https://www.aat.org.uk/assessment/assessment-venue/search
Tutor support is often overlooked, and whilst it might not be needed at all times, isn’t it good to know that if push comes to shove, you have access to tutor support – Even on a self-study option?
Purchase tutor support when you need it – For one month…or longer, the choice is entirely yours!
You don’t need to decide now. See how you get on, and if you decide that a little support is needed, simply come back here and click the following link…
Study Manual Price
£29.90
