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Accounting

Qualification - A Level

Exam Board - AQA

WHY CHOOSE ACCOUNTING? 

Studying Accounting will provide you with one of the most sought after skills in any business. Accounting knowledge can be very useful for you if you decide to be an entrepreneur in future, become a thriving finance professional or just lend a hand in the running of your family business.   

A level Accounting is a must for students who wish to pursue a professional qualification in accountancy from one of the six major accountancy bodies in the UK. As a profession, accountancy ranks amongst the highest in the UK, with the Big Four accountancy firms featuring consistently in the top 10 of the Times Top 100 Graduate Employers rankings. 

A finance background can also be of use if you aspire to work in a managerial role for any organisation in the future. About 49% of the CEOs of FTSE 100 companies came from a financial background either holding an accountancy qualification or having held a previous finance role  

 

COURSE INFORMATION 

The specification emphasises both financial accounting and the recording of past events, and management accounting as a means of planning and decision making. Students should appreciate that these are not totally distinct areas of study and that there is an interrelationship between financial accounting and aspects of management accounting. Students will develop an understanding of the principles of ethical behaviour which inform the actions of all those working within an accounting environment. 

Students must demonstrate a good understanding of the double entry model and accounting principles and concepts as these form the foundation of all financial accounting techniques. They will also need to demonstrate quantitative skills that are relevant to the subject. Students will be expected to demonstrate knowledge of the formulae used for computations, carrying out computations and use the results of computations to inform judgements, solve problems and make decisions. Students must focus on developing their ability to write effectively so that they can report to stakeholders, making logical arguments and providing sound judgements based on analysis of available evidence taking account of financial and non-financial factors. Students should be encouraged to keep up to date with financial news including announcements concerning the performance of leading UK businesses, and be given the opportunity to investigate their published accounts.  

 

HOW YOU WILL BE ASSESSED? 

Paper 1 

Written exam: 3 hours 

120 marks 

50% of A-level 

Section A has 10 multiple choice questions and several short answer questions. Section B has two structured questions each worth 20 marks. Section C has two extended answer questions each worth 25 marks. 

 

Paper 2 

Written exam: 3 hours 

120 marks 

50% of A-level 

Section A has 10 multiple choice questions and several short answer questions. Section B has two structured questions each worth 20 marks. Section C has two extended answer questions each worth 25 marks.  

 

ENTRY REQUIREMENTS: 

A minumum of five grades at 4 – 9 at GCSE, including English and a minimum of a level 5 in Maths.