Accounting (9706)

Last Update 10 December 2025
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About This Subject

This subject introduces the core principles of financial and management accounting. Students learn to record, interpret, and present financial information for various types of businesses. AS Level covers the basics of accounting and financial statements, while A Level extends to partnership accounts, company accounts, costing, budgeting, and decision-making. It develops strong analytical and numerical skills for further study or careers in finance and business.

 
 

Learning Objectives

Key accounting principles and concepts
How to record, process, and present financial information
Preparation and analysis of financial statements
Accounting for sole traders, partnerships, and companies
Costing, budgeting, and basic management accounting
Tools for decision-making in business
Strong analytical, numerical, and problem-solving skills

Material Includes

  • Study notes and summaries
  • Past papers and marking schemes
  • Practice questions and revision tasks
  • Accounting templates and sample statements
  • Video lessons and explanations
  • Exam-style mock tests

Requirements

  • No prior accounting knowledge required, but basic numeracy is helpful
  • Students should have access to a calculator and note-taking materials
  • Regular practice with past papers is recommended for exam success
  • Keep all financial statements and calculations neatly organised
  • Engage actively with exercises, examples, and revision tasks
  • Complete mock tests to track progress and identify areas for improvement

Target Audience

  • Students preparing for A/AS Level examinations in Accounting
  • Learners interested in business, finance, or commerce
  • Those aiming to pursue further studies in accounting or related fields
  • Students who want practical financial skills for real-world decision-making

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Level
All Levels

Material Includes

  • Study notes and summaries
  • Past papers and marking schemes
  • Practice questions and revision tasks
  • Accounting templates and sample statements
  • Video lessons and explanations
  • Exam-style mock tests

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