Basic View View Site Map Use BrowseAloud Website Accessibility Help

Accessibility & Language Tools

Accounting

Accounting A Level @ F6rm

Accounting is a business function concerned with the accurate generation, recording and presentation of a firm’s on-going financial data.

Accounting at AS level does not require any prior knowledge of the subject. What is required is an ease of working with numbers and a good memory for presentation layouts.

Course Structure

The course follows the AQA Accounting A-Level specification.

AS Unit Title and Description Assessment Method and Weighting
ACCN 1: Introduction to Financial Accounting

This unit focuses on book keeping in subsidiary books and ledger accounts, verification of accurate recording of accounting data and the preparation of simple Profit and Loss accounts and Balance Sheets.

Unit 1

1 hour 30 minutes Written Exam.

AS Level – 50%

A Level – 25%

ACCN 2: Financial and Management Accounting

This unit focuses on types of business organisations,
accounting concepts, Limited Company accounting, assessment of business financial performance, budgeting and the impact of ICT in accounting.

Unit 2

1 hour 30 minutes Written Exam.

AS Level – 50%

A Level – 25%

A2 Unit Title and Description Assessment Method and Weighting
ACCN 3: Further Aspects of Financial Accounting

Limited companies are legally required to annually publish their financial statements. This unit explores the issues surrounding this requirement in meeting the needs of various stakeholder groups.

Ten International Accounting Standards are studied as they relate to content and presentation in financial statements. Choosing appropriate financing options is further explored in this unit.

The specialist accounts of Partnership Organisations are also a feature largely in Unit 3

Unit 3

2 hour Written Exam

A Level – 25%

ACCN 4:  Further Aspects of Management Accounting

This unit builds upon much of the theory and concepts taught in ACCN 2, covering:

  • Manufacturing Accounts
  • Marginal Costing and Absorption Costing
  • Activity Based Costing
  • Standard Costing and Variance Analysis
  • Capital Investment Appraisal
  • Budgeting – debtors, creditors, purchases, sales productions, labour
  • Social Accounting in decision-making
Unit 4

2 hour Written Exam

A Level – 25%

Course Content

The course will be taught over 6 lessons per week. Homework will be set each lesson as it is a subject learned through practical application and it is essential for effective learning that students put knowledge into practice immediately. This is vital also as learning accounting is an incremental process and one lesson very much builds on the previous, so speedy uptake of the subject material is beneficial for syllabus progression.

Career Opportunities

You may decide to enter a form of academic study to achieve a degree or start a programme of study for a professional accounting qualification (e.g. A.A.T) whilst working full or part time.
In addition the skills you learn are used in every walk of life and in all businesses.

Entry Requirements

You need 5 GCSEs at grades A* to C (including a grade B in GCSE Maths and a grade C in GCSE English Language).

Costs

There are no specific costs incurred on this course but students are expected to come fully prepared for lessons with writing equipment and a lever arch file. They will be issued two text books which are to be returned after completion of the course.

Links

Stay up to date with the latest news by following us on Facebook and Twitter

Tags : ·

If you like Accounting, You may also like :

Posted in : A Levels

  • Social Networks

  • Come along to Open Evening

  • Subscribe to our Newsletter

    Get our latest news and announcements delivered straight to your inbox :)

    * = required field
  • F6rm News