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Accountancy

A Level Accountancy

Subject

A Level Accountancy

Entry Requirements

Five 9-4 grades at GCSE (or equivalent).

For entry to this course you should have obtained at least a grade 5 in GCSE Mathematics and English. A grade 4 may be accepted with a recommendation from previous teacher.

Exam Board

AQA

Web Link

http://www.aqa.org.uk/subjects/accounting/as-and-a-level/accounting-7127

Content relating to the subject qualification

AS Level Accounting (7126)

  • 1. An introduction to the role of the accountant in business
  • 2. Types of business organisation
  • 3. The double entry model
  • 4. Verification of accounting records
  • 5. Accounting concepts used in the preparation of account records
  • 6. Preparation of financial statements of sole traders
  • 7. Limited company accounts
  • 8. Analysis and evaluation of financial information
  • 9. Budgeting
  • 10. Marginal costing

 

A Level Accounting (7127)

 

All of the above plus the following:

11. Standard costing and variance analysis

12. Absorption and activity based costing

13. Capital investment appraisal

14. Accounting for organisations with incomplete records

15. Partnership accounts

16. Accounting for limited companies

17. Interpretation, analysis and communication of accounting information

18. The impact of ethical considerations

 

 

 

Assessment of the qualification

AS Level Accountancy (7126)

 

This qualification only has 1 examination paper.

What's assessed

Sections 1–10 of the subject content

How it's assessed

  • Written exam: 3 hours and 120 marks
  • 100% of AS

Questions

Three compulsory sections:

  • Section A has 10 multiple choice questions and short answer questions. The section is worth 25 marks.
  • Section B has four structured questions. The section is worth 55 marks.
  • Section C has two extended answer questions each worth 20 marks. The section is worth 40 marks.

 

A Level Accountancy (7127)

This qualification has 2 examination papers, the details are given below:

Paper 1

What's assessed

Sections 1–8, 14–18 of the subject content.

How it's assessed

  • Written exam: 3 hours and 120 marks
  • 50% of A-level

Questions

Three compulsory sections:

  • Section A has 10 multiple choice questions and several short answer questions. The section is worth 30 marks.
  • Section B has two structured questions each worth 20 marks. The section is worth 40 marks.
  • Section C has two extended answer questions each worth 25 marks. The section is worth 50 marks.

 

Paper 2

What's assessed

Sections 1–3, 8–13, 17–18 of the subject content

How it's assessed

  • Written exam: 3 hours and 120 marks
  • 50% of A-level

Questions

Three compulsory sections:

  • Section A has 10 multiple choice questions and several short answer questions. The section is worth 30 marks.
  • Section B has two structured questions each worth 20 marks. The section is worth 40 marks.
  • Section C has two extended answer questions each worth 25 marks. The section is worth 50 marks.

 

Career Pathways

From this course you could go and move onto the following courses:

 

  • Further Accountancy Qualifications
  • Economics Degree/Masters
  • Business or Financial Degree/Masters

 

You could also apply for jobs in the following sectors:

 

  • Bank & Financial Institutions
  • General Business Services
  • Accountancy Services

Extra-Curricular

  • Visits to external accountancy firms
  • Local Accountants to visit school to give actual work place experience
  • Work Experience with local accountants.