Accounting / Finance

Course summary

A level Accounting helps students to understand the responsibilities of the accountant and the impact 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, analyze data methodically, make reasoned choices, and communicate effectively. Throughout the course a variety of accounting problems are encountered, as is the interpretation of accounting statements, reports, tables, graphs, and charts. Students will develop a wide range of skills across the course including recording transactions using double entry bookkeeping, verifying the accuracy of the bookkeeping, and correcting any errors. Students will prepare financial statements for sole traders, partnerships, and limited companies, including recording adjustments, by applying knowledge of accounting concepts.