A qualification in Accounting will always be helpful – whether it’s used professionally or personally. This course helps you to understand the responsibilities of the accountant and the impacts of their recommendations on the business and the wider environment.
You will build knowledge and understanding of key concepts, principles and techniques that you can apply to real-life scenarios, developing the ability to solve problems logically, analyse data methodically, make reasoned choices and communicate effectively.
A minimum of five GCSEs at grade 4 and above, including English, with at least two at grade 6 including Maths.
Accounting is relevant to many careers, including banking, insurance, general management, business and accountancy. The economy particularly needs workers with a good grasp of financial matters and you will have enhanced job prospects. The study of Accounting demonstrates that you have the ability to think logically and express yourself clearly when working with data. This is a rare skill among workers, and attractive to employers. This course will allow you to study Accountancy at degree level or apply for an apprenticeship.
- 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 account records
- Preparation of financial statements of sole traders
- Limited company accounts
- Analysis and evaluation of financial information
- 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
Your work will be assessed regularly throughout the course via direct study, class tests and major assessments at key times throughout the year.
Examination (Exam Board AQA)
1 exam paper (3 hours) at the end of the first year
2 exam papers (3 hours each) at the end of the second year