Accessibility links

Accounting A Level *FEES PAYABLE* at Ashbourne Independent School

Course description

Accounting is the backbone of business and is key to survival and success in the recession. For example, a strict set of internal accounting controls helps cost cutting and improves efficiency. A level students learn to prepare end of year accounts for a range of businesses, from corner shops to 'plc.s' and the management accounting aspect of the course means students also learn to prepare information for management decision-making. A level accounts is actually a good grounding for any business or finance related degree and for later professional qualifications. Ultimately, students who study Accounting will find it easier to get a job in the downturn and will improve their promotion prospects and earning potential.

Course content

There are four units in total: two at AS and two at A2.

Unit 1:

AS unit 1 is called ‘Introduction to Financial Accounting’. In this unit students study the purpose of accounting, accounting records including subsidiary books and ledger accounts, the verification of accounting records and trading and profit and loss accounts and balance sheets including simple adjustments.

Unit 2:

AS unit 2 is called ‘Financial and Management Accounting’. This unit involves students looking at different types of business organisation and accounting concepts including: cost, going concern, accruals and consistency; prudence materiality; realization; business entity; and objectivity. Students also examine further aspects of the preparation of final accounts and balance sheets of sole traders, internal final accounts of limited companies, ratio analysis and the assessment of business performance and an introduction to budgeting and budgetary control.

Unit 3:

A2 unit 3 is called ‘Further Aspects of Financial Accounting’. This unit involves looking at sources of finance including: internal finance; shares; debentures; bank loans; overdrafts; mortgages. Students investigate issues such as incomplete records, partnership accounts, published accounts of limited companies, accounting standards and stock valuation.

Unit 4:

A2 unit 4 is called ‘Further Aspects of Management Accounting’. This unit involves looking at manufacturing accounts; marginal absorption and activity based costing; standard costing and variance analysis; capital investment appraisal; budgeting and other factors affecting decision-making.

How is the course structured?

 

Students study AS unit 1 between September and December of the AS year and AS unit 2 between January and March. They study A2 unit 3 between September and December of the A2 year and unit 4 between January and March of the A2 year.

 

Entry requirements

Ashbourne aims to attract students with good character and solid academic achievements. The college takes great care with admissions and interviews each applicant. The interview is friendly, informal and without obligation.

Assessment

Unit 1:

Students sit a 1 hour 30 minute examination. It consists of four compulsory questions, each with a variable number of sub questions.

Unit 2:

Students sit a 1 hour 30 minute examination. It consists of four compulsory questions, each with a variable number of sub questions.

Unit 3:

Students sit a 2 hour examination consisting of four compulsory questions, each with a variable number of sub-questions.

Unit 4: 

Students sit a 2 hour examination consisting of four compulsory questions, each with a variable number of sub-questions.

Future opportunities

Accounting A level will benefit students going on to Accounting, Business, Business Management and Finance related courses. It would be invaluable training for anyone aiming to set up their own business.

Further information

Competence in Mathematics is a prerequisite for success in this course.

How to apply

If you want to apply for this course, you will need to contact Ashbourne Independent School directly.

Last updated date: 10 November 2016

Key information

Venues