Accountancy

A qualification in accounting will always be helpful – whether it's used professionally or personally. This course helps students to understand the responsibilities of the accountant and the impacts of their recommendations on the business and the wider environment. Students will build knowledge and understanding of key concepts, principles and techniques that they can apply to real-life scenarios, developing the ability to solve problems logically, analyse data methodically, make reasoned choices and communicate effectively.

This qualification is a linear two-year course. Linear means that students will sit all their exams at the end of the course.

 

Entry Requirements

Minimum grade 4 GCSE Maths and grade 4 GCSE English Language

 

Subject Content

  • An introduction to the role of the accountant in business
  • Types of business organisation
  • The double entry model
  • Verification of accounting records
  • Accounting concepts used in the preparation of accounting records
  • Preparation of financial statements of sole traders
  • Limited company accounts
  • Analysis and evaluation of financial information
  • Budgeting
  • Marginal costing
  • Standard costing and variance analysis
  • Absorption and activity based costing
  • Capital investment appraisal
  • Accounting for organisations with incomplete records
  • Partnership accounts
  • Accounting for limited companies
  • Interpretation, analysis and communication of accounting information
  • The impact of ethical considerations

 

Assessment

 

Paper 1

What's assessed

Financial Accounting

How it's assessed

  • Written exam: 3 hours
  • 120 marks
  • 50% of A-level

Questions

Three compulsory sections:

  • Section A has 10 multiple choice questions and several short answer questions. The section is worth 30 marks.
  • Section B has two structured questions each worth 20 marks. The section is worth 40 marks.
  • Section C has two extended answer questions each worth 25 marks. The section is worth 50 marks.

Paper 2

What's assessed

Accounting for Analysis and Decision Making

How it's assessed

  • Written exam: 3 hours
  • 120 marks
  • 50% of A-level

Questions

Three compulsory sections:

  • Section A has 10 multiple choice questions and several short answer questions. The section is worth 30 marks.
  • Section B has two structured questions each worth 20 marks. The section is worth 40 marks.
  • Section C has two extended answer questions each worth 25 marks. The section is worth 50 marks.

 

Degrees this subject could lead to

Students successfully completing A Level Accounting may wish to consider studying a university degree in:

  • Business
  • Economics
  • Marketing

 

Future Career Options

This course is idea for those who wish to work in accounting or business management, although skills and knowledge gained would also be useful in marketing, economics and office management.