ACCOUNTING - A Level
A Level the next step in the GCE qualification, is offered in Pakistan by a variety of private institutions based on the examination standards of the UK. Spanning across Pre-Engineering, Business, Computing, Art or Pre-Medical
Cambridge A Level Accounting (9706)
Cambridge International AS & A Level Accounting engages students with the relevance and applicability of accounting in real-world contexts and encourages interest in the role and responsibilities of the accountant. Studying this subject helps students to understand, apply, analyse and evaluate accounting information to aid decision-making in business and communicate information to stakeholders. These transferable skills are an ideal foundation for further study and for a future career within accounting or related professions.
What is Accounting?
Accounting is extremely important if you want to be able to build and expand your business in a way that it can be measured. The system of tracking business' assets, liabilities, and income help you to make knowledgeable and smart business decisions based on past performance and present financial health of the company.
Why Is Accounting Important?
Accounting plays a crucial role in running a business because it helps you track income and outgoings, ensure required compliance, and provide investors, management, and business decisions can be made by using quantitative financial information with Government.
Course Contents
Financial accounting
- Preparation of financial statements
- Regulatory and ethical considerations
- Business acquisition and merger
- Computerised accounting systems
- Analysis and communication of accounting information
Cost and management accounting
- Activity based costing (ABC)
- Standard costing
- Budgeting and budgetary control
- Investment appraisal
How you will be assessed
Paper 1
- Multiple Choice 1 hour 30 marks
- 30 multiple-choice questions
- Questions are based on sections 1 and 2 of the subject content
- Externally assessed 28% of the AS Level 14% of the A Level
Paper 2
- Fundamentals of Accounting 1 hour 45 minutes 90 marks
- Four structured questions
- Questions are based on sections 1 and 2 of the subject content
- Externally assessed 72% of the AS Level 36% of the A Level
Paper 3
- Financial Accounting 1 hour 30 minutes 75 marks
- Three structured questions Questions are based on section 3 of the subject content
- knowledge of material from the AS Level subject content is assumed
- Externally assessed 30% of the A Level
Paper 4
- Cost and Management Accounting 1 hour 50 marks
- Two structured questions Questions are based on section 4 of the subject content
- knowledge of material from the AS Level subject content is assumed
- Externally assessed 20% of the A Level