Accounting
National 5
Course Overview
The National 5 Accounting course helps candidates develop skills in communicating essential financial information to various stakeholders and organisations. It combines the practical and theoretical aspects of learning related to accounting, allowing candidates to use information and communications technology (ICT) to complete tasks.
Accounting is a key function in many organisations. Effective accounting procedures can provide timely and relevant information to management, helping organisations perform successfully.Â
What Units will I study?
Financial Accounting:
Learners develop skills, knowledge and understanding to prepare, interpret and analyse financial accounting information. Examples include preparing Ledger Accounts, Trial Balances, Income Statements, Statement of Financial Position and analysing using Ratios.
Management Accounting:
Learners develop skills, knowledge and understanding of internal accounting information used for decision making. Examples include preparing Inventory, Job and Labour Costing, Cash Budgets, Break-even, calculating Overheads and Profit Maximisation.
Entry Requirements
It must be noted that the SQA do not offer Accounting at a National 4 level. Learners should only select this subject if they have strong numeracy skills (achieved Level 3 by end of S2).