Most chosen general qualifications exam board in England.

  • About AQA

  • Centre Services

  • Join Us

  • Contact Us

AQA
  • Subjects
  • Qualifications
  • Professional Development
  • Exams Admin
  • Services
  • Search
  • Subjects

  • Qualifications

  • Professional Development

  • Exams Admin

  • Services

  • About AQA

  • Centre Services

  • Join Us

  • Contact Us

  • Log in

Subjects

  • Accounting

  • Art and Design

  • Biology

  • Business

  • Chemistry

  • Computer Science

  • Dance

  • Design and Technology

  • Drama

  • Economics

  • English

  • Food preparation and Nutrition

  • French

  • Geography

  • German

  • History

  • Law

  • Mathematics

  • Media Studies

  • Music

  • Physical Education

  • Physics

  • Politics

  • Psychology

  • Religious Studies

  • Science

  • Sociology

  • Spanish

  • All subjects

GCSEs

  • Biology (8461)

  • Chemistry (8462)

  • Combined Science: Trilogy (8464)

  • English Language (8700)

  • English Literature (8702)

  • Geography (8035)

  • History (8145)

  • Mathematics (8300)

  • See all GCSEs

AS and A-levels

  • Biology (7401)

  • Business (7131)

  • Chemistry (7404)

  • Geography (7037)

  • History (7041)

  • Physics (7407)

  • Psychology (7181)

  • Sociology (7191)

  • See all AS and A-Levels

Other qualifications

  • Applied Generals

  • AQA Certificate Mathematics

  • Entry Level Certificates

  • Project Qualifications

  • Unit Award Scheme

  • All qualifications

Our training

  • Course finder

  • About our training

  • Online training

  • Face-to-face training

  • In-school training

  • Inside assessment

Courses by theme

  • Effective exam prep

  • Exams officers

  • Getting started

  • Unit Award Scheme

Courses by subject

  • English

  • Mathematics

  • Science

  • Languages

  • Design and Technology

  • Physical Education

  • Geography

  • History

  • All professional development

Dates

  • Dates and timetables

  • Key dates

Non-exam assessment (NEA)

  • NEA, coursework and controlled assessment

  • Deadlines for non-exam assessment

  • Record forms

  • Submit marks

Exams

  • Entries

  • Entry fees

  • Exams guidance

  • Question papers and stationery

  • Access arrangements

  • Special consideration

Results

  • Results days

  • Results slips

  • Grade boundaries

  • Results statistics

  • Post-results services

  • Exam certificates

  • All Exams Admin

Assessment Services

  • Centre Services

  • Associate Extranet

  • Become an associate

Products

  • All About Maths

  • Alpha Plus

  • Data Insights

  • Exampro

  • Project Q

  • Stride Maths

  • Testbase

  • Unit Award Scheme

News and Insights

  • AQI research and insight

  • News

  • Inside exams podcast

  1. Home
  2. Subjects
  3. Accounting
  4. A-level Accounting

A-level Accounting7127

SpecificationPlanning resourcesTeaching resourcesAssessment resourcesKey dates
1.0 Introduction
2.0 Specification at a glance
3.0 Subject content
3.1 An introduction to the role of the accountant in business
3.2 Types of business organisation
3.3 The double entry model
3.4 Verification of accounting records
3.5 Accounting concepts used in the preparation of accounting records
3.6 Preparation of financial statements of sole traders
3.7 Limited company accounts
3.8 Analysis and evaluation of financial information
3.9 Budgeting
3.10 Marginal costing
3.11 Standard costing and variance analysis
3.12 Absorption and activity based costing
3.13 Capital investment appraisal
3.14 Accounting for organisations with incomplete records
3.15 Partnership accounts
3.16 Accounting for limited companies
3.17 Interpretation, analysis and communication of accounting information
3.18 The impact of ethical considerations
4.0 Scheme of assessment
5.0 General administration
Appendix: accounting ratios
Appendix: international terminology
Annex: skills in accounting
Annex: quantitative skills in accounting
A-level Accounting Specification Specification for first teaching in 2017

A-level Accounting Specification Specification for first teaching in 2017

22 Dec 2016

PDF | 1.37 MB

3.17 Interpretation, analysis and communication of accounting information

3.16 Accounting for limited companies
3.18 The impact of ethical considerations
AQA
  • Become an examiner
  • Switch to AQA
  • Contact Us
  • Join us
  • Terms and conditions
  • Accessibility
  • Modern slavery statement
  • Privacy notice
  • Cookie notice
  • X
  • LinkedIn
  • Youtube

©AQA 2025 | Company number: 03644723 | Registered office: Devas Street, Manchester, M15 6EX | AQA is not responsible for the content of external sites

AQA Education has obtained an injunction preventing interference with public examinations. This notice is to alert you to the injunction, so that you are aware of it and can make submissions about it if you wish to do so.

Content

Additional information

How accounting techniques, measures and ratios are used to analyse and interpret accounting information (both financial and management) and the limitations of using financial statement and ratio analysis when assessing business performance.

Techniques, measures and ratios include those listed in analysis and evaluation of financial information and also investors’ ratios:

  • dividend yield
  • earnings per share
  • dividend cover
  • price earnings
  • interest cover.

How performance is evaluated both internally and across accounting periods and externally in comparison to competitors.

The focus on performance could include:

  • profitability
  • liquidity
  • efficiency
  • capital structure.

The difference between cash and profits and the effect of transactions on profitability and liquidity.

 

The interests of stakeholders and importance of effective communication to both internal and external stakeholders.

Internal stakeholders are:

  • employees
  • management
  • owners/shareholders.

External stakeholders are:

  • customers
  • suppliers
  • government
  • lenders
  • local community.

Value of published accounts to relevant stakeholders.

The impact, advantages and disadvantages of systems of recording data.

  • Features and main applications of accounting software.
  • Advantages and disadvantages of computerised systems for recording accounting data compared to manual methods.
  • Advantages and disadvantages of single entry and double entry recording systems.

The critical assessment of recommendations and their impact on stakeholders, the local and national economy and the environment.