By choosing to study A-Level Accounting, you will not only develop knowledge of the purpose, concepts, principles and techniques within accounting, but you will also develop considerable numeracy, ICT and communication skills.
You will also be able to appreciate the effect of economics on accounting decisions as well as being aware of the impact of social, legal, ethical, environmental and technological influences on accountancy decisions.
A specific arrangement of units is required for certification, made up of two AS-Level units and two A2 level units. You will study four units and the assessment for A-Level Accounting is by exam. As well as the standard entry requirements for A-Level, it is expected that you have a grade B for GCSE Maths.
Over the course, you will undergo at least 360 guided learning hours over a two-year period. These guided learning hours are levels set by the government on how much time the tutor at your sixth form or college has to be present to give guidance (such as lectures, tutorials etc.) towards your award.
- AQA AS-Level Accounting
The first unit, Introduction to Financial Accounting explores basic accounting concepts. You will develop knowledge of double-entry procedures, transaction recording, accounting books and income statements. The Financial and Management Accounting will develop the knowledge from your first AS unit and you will develop understanding of types of business organisations and accounting concepts. You will also develop skills around financial statements, budgeting and assessment of business performance.
- OCR AS-Level Accounting
The first unit, Accounting Principles will allow you to develop knowledge of key accounting principles including expenditure, balance, asset values and ledger entries and adjustments. The second unit, Accounting Applications will allow you to learn about journal, control accounts, different types of business organisation, accounting statements, budgeting and accounting ICT.
- University of Cambridge International Examinations AS-Level Accounting
For the AS award, you will study accounting systems, financial accounting, financial reporting and interpretation and elements of managerial accounting.
The A2 Accounting is the equivalent of the second year of study of A-Level Accounting. This is not a separate award. The A2 –Level Accounting, with the AS-Level Accounting makes up the A-Level Accounting. The A2-Level Accounting will further develop your knowledge from AS-Level Accounting.
- AQA A2 Accounting
In the Further Aspects of Financial Accounting unit, you will develop knowledge or partnerships, sources of finance, International Accounting Standards and stock evaluation. In the second A2 unit, Further Aspects of Management Accounting you will focus on manufacturing accounts, standard costing and variance analysis, budgeting and a number of other factors that affect accounting decision-making.
- OCR A2 Accounting
The first unit, Company Accounts and interpretation will allow you to develop skills around analysing accounts, the role of accounting standards and preparing final accounts. In the Management Accounting A2 unit, you will focus on budgeting, standard costing and variance analysis, stock, costing and decision-making, social responsibility and capital expenditure appraisal.
- University of Cambridge International Examinations A2 Accounting
This will deepen your knowledge and understanding of accounting systems, financial accounting, financial reporting and interpretation and elements of managerial accounting.
A-Level Accounting Exam Board Information
- The AQA A-Level Accounting specification is available on the AQA website.
- The specification for the OCR AS and A-Level Accounting is available here.
- University of Cambridge International Examinations A-Level Accounting specification is available on their website.
Most people study A-Level Accounting so that they can study Accountancy, Economics-based subjects or Business subjects at University. Some students may also choose a vocational route into study by choosing to study AAT Accounting or Bookkeeping qualifications.
For those who wish to choose a different career path, then by studying A-Level Accountancy, students are able to demonstrate their mathematical and ICT skills, as well as a variety of finance skills that are useful in any business across any sector.
Other Useful Information
- AQA past papers for A-Level Accounting are available on their website.
- OCR past papers are available on their website.
- University of Cambridge International Examinations A-Level Accounting question papers are available here.
- Revisionworld have a variety of Accounting revision resources for AS and A2.
- There is a selection of A-Level Accounting resources available here.