The course allows learners to understand and use financial information, allowing them to prepare accounting statements and analyse, interpret and report on an organisations financial performance.

Areas of study include both Financial and Management Accounting.

Course Assessment takes the form of an Assignment of 50 marks, representing 28% of the overall course assessment and a Question Paper of 130 marks, representing 72% of the overall course assessment.

Assignment

All tasks are computer-based using a spreadsheet application and centres are given advance notification of the main topic areas. This is sat in class time in a solid 2-hour block under exam conditions.

Question Paper

The question paper has 2 sections, one worth 70 marks and one worth 60 marks. This covers both Theory and Practical, with 13 marks (10%) of the paper assessing knowledge and understanding of Accounting Theory.

Skills Developed

Candidates who complete this course will develop the following skills, knowledge and understanding:

• • Prepare and present a range of straightforward accounting statements

  • Select straightforward accounting information to determine business revenues, costs and profits

  • Use ICT to produce and communicate straightforward accounting information in a range of contexts

  • Evaluate business success on the basis of accounting information

  • Prepare, interpret and analyse a range of accounting information

  • Use accounting techniques, in familiar contexts, to facilitate decision-making

  • Apply knowledge and understanding of fundamental accounting concepts and theories