Please visit Global Education Fair 2016 in Yerevan (9 April 2016, Best Western Congress Hotel, Picasso Hall ) for more information about this program
Exam Board: OCR
Accounting is a subject that will appeal to students who enjoy working with numbers, analysing data and problem solving. In the first year, various accounting concepts and principles are introduced and applied to a range of accounting situations. The second year builds on the first year and covers aspects of management accounting and company accounts.
The course provides an excellent foundation for further study of accountancy at university or later. Students wishing to follow a wide range of careers in business or industry will find the decision-making and interpretation skills in particular to be very useful.
Qualification
The A Level consists of four units.
AS Level - Year 1
Unit 1: Accounting Principles – 40% of AS, 20% of A Level, 1 hour, 80 marks
Introduction to Accounting Principles, The Trial Balance, Accounting Concepts, Classification of Expenditure, Changing Asset Values, Ledger Entries and Adjustments, Final Accounts.
Unit 2: Financial Accounting – 60% of AS, 30% of A Level, 2 hours, 120 marks The Journal, Correction of Errors, Control Accounts, Accounting Adjustments and
Statements, Organisations, Sole Trader, Partnerships, Clubs and Societies, Analysis and Evaluation of Accounting Statements, ICT in Accounting.
A2 Level - Year 2
Unit 3: Company Accounts and Interpretation – 20% of A Level, 1.5 hours, 80 marks
The Preparation of Final Accounts for Limited Companies, Financing, The Role of Accounting Standards, Analysis and Interpretation of Accounts.
Unit 4: Management Accounting – 30% of A Level, 2 hours, 120 marks
Budgeting and Budgetary Control, Standard Costing and Variance Analysis, Capital Expenditure Appraisal, Stock, Costing and Decision Making, Costing Applications, Social Responsibility.
Assessment
In the first year, assessment for AS Level is undertaken by examinations in Unit 1 and Unit 2 in June. In the second year, students take examinations in Unit 3 and Unit 4 in June.
Entry requirements
It is not necessary to have studied accounting before starting the course, as no prior knowledge is assumed. However an interest and aptitude for mathematics is advisable.
Please visit Global Education Fair 2016 in Yerevan (9 April 2016, Best Western Congress Hotel, Picasso Hall ) for more information about this program