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Mai Studies Original · Accounting & Finance

AAT Study Support: Level 2 Bookkeeping and Costing

A complete Mai Studies study-support programme for learners working towards AAT Level 2 assessments. Every module contains original written notes with worked examples, a tutor-voice classroom transcript, a practical activity with a worked solution, mock questions with explained answers and a marked written assignment. Mai Studies is an independent provider. It is not AAT, it is not an AAT Approved Training Provider, and this programme carries no exam credit or exemption. You register with AAT yourself and sit the assessment at an AAT approved assessment venue.

10 weeks 60 guided hours Foundation

Join membership to study

Included with Mai Studies membership at no extra cost. Fee waivers are available through scholarships and open access.

AAT Study Support: Level 2 Bookkeeping and Costing course artwork

What you will achieve

Record transactions using double entry and the books of prime entry
Maintain sales and purchases ledgers and reconcile control accounts
Deal with VAT correctly in day-to-day bookkeeping records
Prepare a bank reconciliation from a cash book and bank statement
Classify costs by behaviour, function and element
Value inventory and calculate simple unit costs

Entry guidance

— No prior accounting study required
— Comfortable with basic arithmetic
— Around six study hours each week

Original Mai Studies learning material. This is a professional completion programme, not a regulated qualification or university accreditation.

Programme syllabus

6 applied modules

Lessons: 6
Assessed tasks: 6
Practice questions: 120
Timed mock papers: 2

01

Double entry and the books of prime entry

How a transaction travels from source document to ledger account, and why the books of prime entry exist.

1 lesson · 20 practice questions · 1 assessed task

1. From source document to ledger account38 min study · 3 learning objectives · practical activity
How a transaction travels from source document to ledger account, and why the books of prime entry exist.

Assignment: Double entry and the books of prime entry — marked out of 100, pass at 80%

02

Ledgers and control accounts

Maintaining the sales and purchases ledgers and proving them against the control accounts.

1 lesson · 20 practice questions · 1 assessed task

1. Control accounts and the reconciliation that proves them37 min study · 3 learning objectives · practical activity
Maintaining the sales and purchases ledgers and proving them against the control accounts.

Assignment: Ledgers and control accounts — marked out of 100, pass at 80%

03

VAT in the bookkeeping records

How VAT is recorded on sales and purchases, and how the VAT control account is used.

1 lesson · 20 practice questions · 1 assessed task

1. Recording VAT correctly as you go35 min study · 3 learning objectives · practical activity
How VAT is recorded on sales and purchases, and how the VAT control account is used.

Assignment: VAT in the bookkeeping records — marked out of 100, pass at 80%

04

The cash book and bank reconciliation

Using the cash book as both a book of prime entry and a ledger account, and proving it against the bank.

1 lesson · 20 practice questions · 1 assessed task

1. Reconciling the cash book to the bank statement39 min study · 3 learning objectives · practical activity
Using the cash book as both a book of prime entry and a ledger account, and proving it against the bank.

Assignment: The cash book and bank reconciliation — marked out of 100, pass at 80%

05

Cost classification and behaviour

How costs are grouped and how they change as activity changes.

1 lesson · 20 practice questions · 1 assessed task

1. Fixed, variable and the cost behaviour that drives decisions38 min study · 3 learning objectives · practical activity
How costs are grouped and how they change as activity changes.

Assignment: Cost classification and behaviour — marked out of 100, pass at 80%

06

Inventory valuation and unit costing

Valuing what is held in store and calculating what a unit really costs.

1 lesson · 20 practice questions · 1 assessed task

1. Inventory methods and the cost of a unit38 min study · 3 learning objectives · practical activity
Valuing what is held in store and calculating what a unit really costs.

Assignment: Inventory valuation and unit costing — marked out of 100, pass at 80%

Timed mock papers

AAT Study Support: Level 2 Bookkeeping and Costing: timed mock paper 1 — 180 minutes, 50 objective questions plus written and computational tasks
AAT Study Support: Level 2 Bookkeeping and Costing: timed mock paper 2 — 180 minutes, 50 objective questions plus written and computational tasks

Lesson pages, assessed tasks and mock papers open the moment you join this programme. Teaching material is studied online; the notes you write are yours to download.

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