Course aims
This A Level 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 their findings effectively.
Entry requirements
You will require a grade 6 in mathematics and a grade 5 in English language, in addition to the general entry requirements.
Course content
- An introduction to the role of the accountant in business
- Types of business organisations
- 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.
Course assessment
A Level Accounting is examined via 2 written exam papers, each paper is 3 hours.
Materials
You are provided with a textbook. However, you are required to provide all other materials, including a scientific calculator.
Progress
Upon completion of A Level Accounting, you will be prepared for further study at university or to explore options such as a higher apprenticeship to study professional qualifications such as AAT, ACCA, ACA, CIMA or CIOT.