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 accounting 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
- 11. Standard costing and variance analysis
- 12. Absorption and activity based costing
- 13. Capital investment appraisal
- 14. Accounting for organisations with incomplete records
- 15. Partnership accounts
- 16. Accounting for limited companies
- 17. Interpretation, analysis and communication of accounting information
- 18. The impact of ethical considerations
Assessments
Paper 1 |
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What's assessed Sections 1–8, 14–18 of the subject content |
How it's assessed
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Questions Three compulsory sections:
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Paper 2 |
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What's assessed Sections 1–3, 8–13, 17–18 of the subject content |
How it's assessed
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Questions Three compulsory sections:
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Before the qualification can be awarded, students must undertake both the assessments.