Accounts


A-Level Accounting is a great subject to build upon your financial skills and is a stepping stone to a career in accounting.
There are many interesting topics that you study during the course that help to build your knowledge of the accounting field.
Accounts is a rounded subject that involves math’s and English which helps you with the other subjects in school to, as you can put the knowledge you learn from accounts  into your work in other lessons. For example, for me I can use what I learn in accounts for my business coursework and vice versa.

Student Quotes

‘A level accounts gave me a basic understanding in to accounts and the different aspects and roles that can be taken within the profession. The support I received aided me and contributed to me getting the job I have today, working in a chartered accountants. Without the knowledge and support I received I would not have been as successful in getting my job or progressing as I have done.’   Vicki Maddock  Post 16 2011 - 2013

“Accounting was always one of my favourite subjects at Sixth Form! Although accounting is unrelated to my chosen career as a midwife, it gave me the points and mathematical aspect to securing my place at university” Amy  Bastable  Post 16 2009 – 2011

A-Level Accounting is a great subject to build upon your financial skills and is a stepping stone to a career in accounting.
There are many interesting topics that you study during the course that help to build your knowledge of the accounting field.
Accounts is a rounded subject that involves math’s and English which helps you with the other subjects in school too, as you can put the knowledge you learn from accounts  into your work in other lessons. For example, for me I can use what I learn in accounts for my business coursework and vice versa.   Raheema Begum Year 13

Exam Board

  • OCR

Entry Requirements

  • A Grade C in GCSE English and a Grade B in GCSE Mathematics

Assessment

  • All units are assessed by external exams at the end of year 13

Module/Units

Year 12

Unit FO11: Accounting Principles

  • Introduction to Accounting Principles
  • The Trial Balance
  • Accounting Concepts
  • Classification of Expenditure
  • Changing Asset Values
  • Ledger Entries and Adjustments
  • Final Accounts

Unit FO12: Accounting Applications

  • The Journal
  • Correction of Errors
  • Control Accounts
  • Accounting Adjustments and Statements
  • Organisations
  • Sole Trader
  • Partnership
  • Clubs and Societies
  • Analysis and Evaluation of Accounting Statements
  • An Introduction to Budgeting
  • ICT in Accounting

Year 13

Unit FO13: Company Accounts and Interpretation

  • The preparation of Final Accounts for Limited Companies
  • Financing
  • The Role of Accounting Standards
  • Analysis and Interpretation of Accounts

Unit FO14: Management Accounting

  • Budgeting and Budgetary Control
  • Standard Costing and Variance Analysis
  • Capital Expenditure Appraisal
  • Stock
  • Costing and Decision-making
  • Costing Applications
  • Social Responsibility

Progression Routes from this course

This course provides an excellent foundation for further study of accountancy at pre-professional and professional levels. Candidates wishing to pursue a wide range of careers in business management will find the management accounting and reporting and interpretation skills of great benefit.

Many students who have studies this course at ACE Academy have gone on to study a range of subjects at Degree at  different universities the most popular subjects studied have been Finance related courses, Business Management , Maths or Law related.  However some students have also gone on to study non finance courses such as midwifery and History.  Students can and have also used the qualification to get a place onto Finance and Accountancy apprenticeships