Accounts : : St Louis Home Page > Curriculum > E And S > Accounts
Accounts A Level - Subject Code: ACC
AS modules |
A2 Modules |
||
Unit 1 |
Introduction of Financial Accounting |
Unit 3 |
Further aspects of Financial Accounting |
Unit 2 |
Financial and Management Accounting |
Unit 4 |
Further aspects of Management Accounting |
Aims
This specification aims to develop:
- knowledge and understanding of the purposes of accounting, its concepts and techniques and their development as well as an appreciation of the limitations of accounting;
- an appreciation of the effects of economic, legal and technological change on accounting, and of the social implications of accounting decisions;
- the skills of communication, numeracy, presentation, analysis, interpretation, application and evaluation of accounting information.
Why study A level Accounts?
While it stresses the importance of discipline in terms of accuracy and presentation, it then leaves it to you to interpret financial positions in your own original fashion. You will gain a very firm understanding of the wider business environment. You will gain an understanding of how financial control is vital to business success and how, without it, even profitable firms can fail.
In addition to the above accounts can offer:
- Excellent Job prospects, all newly qualified accountants find it easy to get work
- Can assist in any career in industry whether you are going into quantity surveying or business management it’s an excellent A-level to have.
- No matter what profession you enter, once you progress up the ranks of the organisation you will assume responsibility for budgets and management of finance an A Level in accounting with provide you with invaluable experience.
- The subject is not essay heavy, the majority of work is working out the accounts of an organisation hence it is a good AS to take on for those students who have heavy essay subjects at AS.
- Any student taking on A-Level Business Studies it is an excellent AS as half the content two modules in this A-level contain accounting questions.
- Equally useful will be the ability to take objective decisions based on data and the skill of preparing clear reports and recommendations.
How will I be assessed?
Each unit will be assessed by a written examination of 1hr 30 mins
What skills will I gain from A Level Accounts?
When you have mastered the techniques of the subject, you will be asked increasingly to use them in order to analyse the financial position of business organisations and advise them of action that they might take to improve this position. This will develop your powers of analysis and critical thought. You will have many opportunities to apply ICT and numerical skills.
What extra activities go well with A Level Accounts?
Accounts can be seen as both a complement and contrast to your other A/AS level courses. Subjects that complement it are ICT, Mathematics and Economics. However, if your other A level choices involve essay based work, you might see the work involved in Accounts as a contrast. You can find an immediate application for your accounting skills through Young Enterprise.
Where can this subject lead?
Accounts covers a wide range of knowledge and skills. In higher education it is a good preparation for a wide range of degree courses including Business Studies, and Accounts. It also has a clear vocational direction should you wish to pursue it and is an excellent preparation for Accounting professional exams. In the past, a number of students have completed A level Accounts and gained employment in Accounting firms
Do I have an aptitude for the subject?
A genuine interest in the business world and the financial aspects of business will lay a foundation for studying Accounting at 'A' level. In particular, the subject will appeal to students who have sound numeracy skills and a reasonable standard of written English, who can grasp and apply concepts and rules. They should enjoy not only the mechanical and computational aspects of the subject, but also the opportunity to be analytical, to consider alternatives and make recommendations based on their calculations. Good grades in GCSE Maths and English will be essential. No previous knowledge of accounts in required.
