Specification at a glance

This qualification is linear. Linear means that students will sit all their exams at the end of the course.

Subject content

  • 1. An introduction to the role of the accountant in business
  • 2. Types of business organisation
  • 3. The double entry model
  • 4. Verification of accounting records
  • 5. Accounting concepts used in the preparation of account records
  • 6. Preparation of financial statements of sole traders
  • 7. Limited company accounts
  • 8. Analysis and evaluation of financial information
  • 9. Budgeting
  • 10. Marginal costing

Assessments

Paper 1

What's assessed

Sections 1–10 of the subject content

How it's assessed

  • Written exam: 3 hours
  • 120 marks
  • 100% of AS

Questions

Three compulsory sections:
  • Section A has 10 multiple choice questions and short answer questions. The section is worth 25 marks.
  • Section B has four structured questions. The section is worth 55 marks.
  • Section C has two extended answer questions each worth 20 marks. The section is worth 40 marks.