I’ve found accounting to be my favourite subject this year despite me being new to the course. At the beginning it was really challenging as any a level is expected to be but in this case motivation is the key to success – and great teachers.

Bethannie Lilley

Bethannie Lilley

Course Description

Accounting A Level provides a good basis for any student wanting to work in business and finance. Students learn double-entry bookkeeping and how to prepare financial statements and management accounting information.

Students will build knowledge and understanding of key accounting concepts, principles and techniques that they can apply to real-life scenarios. They will develop the ability to solve problems logically, analyse data methodically, make reasoned choices, and communicate effectively.

Entry Requirements

Achieve 5 or more standard GCSE passes or higher (grade 4 or higher).

If a student is applying for a course in a subject that they have studied at GCSE it is expected that a student would have achieved at least a standard pass (grade 4) in this subject.

Course Content

Unit 1 – Financial Accounting

  • Role of accountants and ethical considerations
  • Types of business organisations
  • Double-entry bookkeeping
  • Verification of accounting records
  • Accounting concepts
  • Preparation of financial statements for sole traders; partnerships and companies
  • Incomplete records
  • Ratio analysis

Unit 2 – Accounting for Analysis and Decision-Making

  • Budgeting
  • Marginal costing
  • Standard costing and variance analysis
  • Absorption and activity-based costing
  • Capital investment appraisal
  • Ethical considerations

Assessment

Unit 1 – Financial Accounting
Written exam: 3 hours
120 marks
50% of A Level

Unit 2 – Accounting for Analysis and Decision-Making
Written exam: 3 hours
120 marks
50% of A Level

Future Opportunities

Even the best business ideas get nowhere without sound financial management; so whether you want to work in business or run your own small business, knowledge of how finance works is vital.

Accounting A Level equips students with the necessary knowledge and skills to be able to assess the performance of all types of business organisations. It will enable them to effectively prepare, analyse and evaluate financial data so that they can make judgments, decisions and recommendations about how businesses can manage their financial affairs.

A whole host of Level 3 courses and apprenticeships are available in Accounting once you have completed the A Level course.