Accounting / Finance

Course summary

By studying A-level accounting, students will delve into the world of accounting. Students will learn the accounting language and puzzle together transactions to complete double-entry bookkeeping and understand how these basics lead to the creation of income statements and balance sheets. Students will develop a passion and an eagerness to learn as they solve accounting problems and embark upon more technical parts of accounting, including incomplete records and partnership accounts. A Level – 2 Years Paper 1 1. An introduction to the role of the accountant in business 2. Types of business organisation 3. The double-entry model 4. Verification of accounting records 5. Accounting concepts used in the preparation of accounting records 6. Preparation of financial statements of sole traders 7. Limited company accounts 8. Analysis and evaluation of financial information 14. Accounting for organizations with incomplete records 15. Partnership accounts 16. Accounting for limited companies 17. Interpretation, analysis, and communication of accounting information 18. The impact of ethical considerations Paper 2 1. An introduction to the role of the accountant in business 2. Types of business organisation 3. The double-entry model 8. Analysis and evaluation of financial information 9. Budgeting 10. Marginal costing 11. Standard costing and variance analysis 12. Absorption and activity-based costing 13. Capital investment appraisal 17. Interpretation, analysis, and communication of accounting information 18. The impact of ethical considerations