International A Level Accounting Cambridge

Accounting supports progression onto university in degrees such as Banking and Finance. You will receive up to 56 UCAS points and expert guidance applying to Universities worldwide including the UK.
A_Level_Accounting

Enrolment Fee £595

Overview

The A Level Accounting Online course with Learn Now follows the CIE (9706) specification and is equivalent to the qualification you would achieve if attending mainstream college.  Once completed, you will obtain UCAS points which will support progression to university in degrees such as Accounting, Finance, Business and Banking.

This course would suit adult learners returning to education, students resitting exams or studying alongside other commitments, and learners looking to be accepted into University.

Get 10% discount when ordering multiple A Level courses. Use the coupon code: ALEVEL10 at checkout

Enrol Anytime | Enrolment Fee £595

payment methods

Syllabus

This A Level Accounting Course delivered by Cambridge International Education (CIE) will help you to understand the responsibilities of the accountant and the impacts of their recommendations on the business and the wider environment. You will build knowledge and understanding of key concepts, principles, and techniques that you can apply to real-life scenarios, developing the ability to solve problems logically, analyse data methodically, make reasoned choices, and communicate effectively.

This course is designed to build naturally on GCSE understanding with minimal duplication of content.

The Full A Level has four modules.   These modules are split into IAS and IA2.  The IAS Level has two modules.

IAS Modules

This topic will begin with understanding different types of business formation. For example, a sole trader is a business owned and managed by one person whereas a limited company is legally separate from its owners. The accounting system will explain how businesses record financial transactions along with the double-entry bookkeeping system. You will also gain an understanding of accounting for non-current assets. This focuses on assets that a business intends to use for more than one year but may lose value on over time known as depreciation.

Reconciliation and verification ensures that accounting records are accurate and reliable. The process will detect any errors before financial statements are prepared. The preparation of financial statements involve the income statement, the statement of financial position and the statement of cash flows.

Finally, we will look at how ratio analysis is used to measure performance. For example, the profit margin will show how much profit is generated from sales whilst the current ratio will measure a company’s ability to pay short-term debts.

Financial accounting overall records financial information and provides meaningful insights that support decision-making in real-world business situations.

  • Types of business entity
  • The accounting system
  • Accounting for non-current assets
  • Reconciliation and verification
  • Preparation of financial statements
  • Analysis and communication of accounting information

This section will focus on how managers plan, control and make decisions within a business. Financial accounting is used for external stakeholders such as investors and banks whilst cost and management accounting is used internally to improve the overall efficiency and profitability of the business.

  • Costs and cost behaviour
  • Traditional costing methods

IA2 Modules

For IA2, we look into financial accounting at a more advanced level. We will focus on the preparation of financial statements which will involve producing formal reports that show a company’s financial performance and position. You will gain an understanding of the regulatory and ethical considerations to ensure that financial reporting is transparent, accurate and fair. You will also cover computerised accounting systems and how they generate reports instantly reducing human error. This improves efficiency and accuracy. Finally, you will see how financial ratios are commonly used to assess profitability, liquidity, efficiency and solvency. Effective communication and analysis helps stakeholders make decisions and build on the organisations financial position.

  • Preparation of financial statements
  • Regulatory and ethical considerations
  • Business acquisition and merger 3.4 Computerised accounting systems
  • Analysis and communication of accounting information
Cost and management accounting for IA2 focuses on improving decision-making, controlling costs and evaluating long-term investments. Activity based costing (ABC), will allocate overhead costs more accurately by identifying the specific activities that drive costs. For example, a company producing both simple plastic cups and complex insulated travel mugs may find that the travel mugs require more machine setups, quality control and design work. ABC will assign costs based on these activities rather than simply dividing overhead equally. Standard costing is useful for cost control, performance evaluation and motivating employees. Using this method, a business is able to identify problems and take action quickly. Finally, investment appraisal will focus on evaluating long-term projects. It will determine whether a product is financially working. For example, a company who considers buying new equipment to increase production will use investment appraisal to determine whether the future profits justify the initial cost.

  • Activity based costing (ABC)
  • Standard costing
  • Budgeting and budgetary control
  • Investment appraisal

What can you do with A Level Accounting?

Many learners who take accounting go onto university and become qualified accountants, working for accountancy practices or within an organisation. With a few years experience, some accountants decide to start their own practice.   You could also try one of the following jobs:

•Auditor •Tax Adviser •Actuary •Economist •Insurance Broker •Stockbroker

Previous Knowledge Required

There are no previous entry requirements for this course, however students are expected to have a reasonable standard of literacy. 

You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 24 months from initial registration with the full support of your Tutor.

Enrolment Fees

Our Enrolment fee for this course is noted at the top of this page where you can enrol directly onto the course.  This fee includes access to your course including tutor support for 2 years.

Our enrolment fee includes:

  • All study materials covering the full specification.
  • Full support where you can also message your tutor as many times as you need to.
  • Access to our online Library with a full range of eBooks.
  • Help completing university applications including UCAS and The Common Application.
  • Reference and predicted grade for University.
  • Assignment marking and feedback
  • Marked and graded practise examination papers
  • Eligibility for a Totum Card if you reside within the UK
  • Fast Track A Level if required and flexible learning from home 24/7.

The only other fee you will need to pay is for your exams which is due approximately six months prior and this will be paid directly to the exam centre.

Assessments

Students will be required to arrange and pay for their examinations at a CIE approved centre. We can provide an extensive list of these centres for you.

A Level Exams
There are four exams for the full A Level (IAS & IA2) qualification. The length of each exam is as follows:

  • Paper 1 – 1 hour
  • Paper 2 – 1 hour 45 min
  • Paper 3 – 1 hour 30 min
  • Paper 4 – 1 hour

Paper 1 Paper 1 Paper 1 Exam Paper 4 A Level Qualification

IAS Level Exams
There are two exams for the IAS Level qualification. The length of each exam is as follows:

  • Paper 1 – 1 hour
  • Paper 2 – 1 hour 45 min

Paper 1 Paper 1 IAS Exams

For Cambridge International AS & A Level Accounting, learners can:

  • take Papers 1 and 2 only (for the Cambridge International IAS Level qualification) or
  • follow a staged assessment route by taking Papers 1 and 2 (for the Cambridge International IAS Level qualification) in one series, then Papers 3 and 4 (for the Cambridge International A Level qualification) in a later series or
  • take Papers 1, 2, 3 and 4 in the same examination series, leading to the full Cambridge International A Level.

A Level Accounting Online Course Outcome

On successful completion of all your exams for the A Level Accounting Online Course, you will be awarded one of the following qualifications:

International A Level in Accounting with CIE | International AS Level in Accounting with CIE

Click here for more information on CIE and to be taken to their official website

Still unsure? Look through our FAQs

Some people may feel that they must be good with Maths to attempt Accounting. This is not always the case.  Calculations within Accounting are normally quite basic such as addition, subtraction, percentages and ratios.  The main challenge is understanding the rules, formats and logic behind financial statements.

If you are organised and careful with details, comfortable working with numbers and patient when learning new formats, you should be able to tackle A Level Accounting.

You will not be required to purchase any books with this course.  We automatically include logins to our online e-Library which includes access to following eBook(s):

Cambridge International AS & A Level Accounting – Sharon Elan-Puttick (Cambridge Press)

Not see the book you are looking for? Ask us and we will let you know if we have it!

A Level Mathematics – Whilst accounting isn’t extremely mathematical, A Level Mathematics will help strengthen your analytical skills.

A Level Economics or Business – These subjects will help you to understand how businesses operate in the wider economy.

The above subjects will help if you are looking to become a chartered accountant or require a career in banking or finance.  You will be able to progress onto a degree such as BSc Accounting or Finance.  Alternatively, you could complete a professional qualification such as ACCA, CIMA or ICAEW.

Cambridge International A Level Accounting can be taken outside the UK as well as within the UK.  Cambridge provide global recognition for their A Level qualifications and are recognised by universities.

At the end of this course you will receive an Internationally recognised qualification which will allow you to apply a university situated anywhere in the world.

AS and A levels are standalone qualifications, however the Full A Level carries more UCAS points than the AS Level.  It also requires more study hours as follows:

  • AS Level = 180 hours
  • A Level = 360 hours
You will see the difference in the content above under ‘syllabus’ but you can also refer to our article on ‘what is as level’ for more information.

You will receive access and support for two years, however you can complete it much sooner if you want to.  Exams for this subject fall in May/June and October/November each year and therefore you are able to choose which exam sitting you want to apply for.  We have more information on exam timetables here.

Request More Information about this course…