A_Level_Accounting

IGCSE Accounting Pearson Edexcel

The IGCSE Accounting Online course with Learn Now follows the Pearson Edexcel (4AC1) specification and is equivalent to the qualification you would achieve if attending mainstream college. Once completed, you will be able to progress onto A Levels, an Apprenticeship or Level 3 Vocational Course.

This course would suit adult learners returning to education, students resitting exams or studying alongside other commitments, and learners who are home educated.

Edexcel IGCSE Accounting can be taken anywhere within the world. Pearson Edexcel centres for examinations are situated internationally including the UK.

A_Level_Accounting

Enrol Anytime | Enrolment Fee £495

Enrol Anytime | Enrolment Fee £495

Syllabus

This IGCSE Accounting Distance Learning Course is ideal for anyone wishing to gain a knowledge and understanding of measuring, processing and communication of financial and non-financial information.

The aims and objectives of this qualification are to enable students to:

  • understand the nature and purpose of accounting in business and organisations and the principles on which accounting is based
  • understand the use of accounting as an aid to business decision-making
  • understand the use of accounting as a means of assessing the financial position of an organisation
  • develop the ability to quantify, to judge relevance and to write clear and concise explanations.

Topics:

This topic will concentrate on how businesses operate and how they are structured.  Each type of organisation will have different legal responsibilities and rules with regards to tax. They will also need to prepare financial information in different ways depending on their structure.  Technology helps speed up accounting processes and improves accuracy for companies.  All headings within this topic form basic accounting foundations.

  • Types of business organisation 
  • Accounting concepts 
  • Use of technology in accounting 
  • Professional ethics 

This topic will show how bookkeeping ensures that financial data is accurately recorded, organised and placed into reports for analysis.

  • Business documentation 
  • Books of original entry 
  • Ledger accounting 
  • Capital expenditure and revenue expenditure 
  • Depreciation 
  • Irrecoverable depts 
  • Other receivables and payables 

This topic will show us how we can use control processes to improve the accuracy of financial data, detect & prevent errors and report financial information accurately.  Without these control processes, information could be misleading.

  • Trial balance 
  • Control accounts 
  • Correction of errors 
  • Bank reconciliation statements 

The previous topics look into bookkeeping and control processes but the preparation of financial statements, takes this one step further.  Any data that has been recorded forms financial statements that can help with decision-making.

  • Financial statements of a sole trader 
  • Financial statements of a partnership 
  • Incomplete records 
  • The calculation and interpretation of accounting ratios 
  • Financial statements of a manufacturer 

This topic takes other factors into consideration such as depreciation, irrecoverable debts and other receivables.  These adjustments improve accuracy and ensure assets and liabilities are correctly valued.

  • Application of accounting concepts 
  • Depreciation 
  • Irrecoverable debts 
  • Other receivables and payables 

Papers:

In this paper, students will be assessed on their knowledge, understanding and skills related to the fundamental principles of accounting and bookkeeping.  The unit is divided into three topics: 

  • Topic 1: The accounting environment
  • Topic 2: Introduction to bookkeeping
  • Topic 3: Introduction to control processes.  
2 hours  | 100 marks | 66.6% of the total IGCSE 
In this paper, students will be assessed on their knowledge and understanding of financial statements and their ability to produce and make appropriate adjustments to entries at the end of an accounting period.  The unit is divided into two topics: 

  • Topic 4: The preparation of financial statements
  • Topic 5: Accounting for end of period adjustments. 
Paper 2, which is more holistic in nature, builds on the knowledge, understanding and skills covered in topics 1-3 in addition to the content specified in topics 4 and 5    1 hour 15 minutes | 50 marks | 33.3% of the total IGCSE 

What can I do with IGCSE Accounting?

The IGCSE Accounting course gives students a solid foundation for further study. Students who achieve grades 9-4 are well prepared to follow a wide range of courses including AS and A’ Level Accounting.

Edexcel IGCSEs are accepted by leading Universities and employers around the works as evidence of academic achievement. Many Universities require a combination of AS & A’ Levels and IGCSEs or equivalent to meet their entry requirements.

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 an Edexcel approved centre. We can provide an extensive list of these centres for you.

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

Paper 1 – 2 hours
Paper 2 – 1 hour 15 min

Paper 1 Paper 1 IGCSE Qualification

International GCSE Accounting Online Course Outcome

On successful completion of all your exams for the International GCSE Accounting Online Course, you will be awarded the following qualification:

International GCSE Accounting with Edexcel

Click here for more information about Pearson Edexcel and to be taken to their official website

FAQs

Still unsure? Look through our FAQs

Most people would assume that being good at Maths would help with GCSE Accounting, however it is more important that you are organised, pay attention to detail and follow the rules within accounting.  The online portal will teach you the basics in topics such as double entry, trial balance and ledger accounts.  You will also be able to practise regularly through assignments and practise mock exam papers.  With practise, you will find that the steps become more predictable and manageable.

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 eBooks such as:

Pearson Edexcel International GCSE (9-1) Accounting Student Book – James Haigh, Sheila Robinson

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

Whilst Maths isn’t essential for Accounting, it will help improve your accuracy with calculations and build confidence with numbers.  Other subjects that work well with accounting include Business and Economics as they further support sections on business decisions, costs and profit.  Business helps explain what those numbers mean and Economics provides a deeper understanding of how money works in the wider world.

GCSEs form a natural progression onto A Levels, however you may also want to consider some other options too.  You could look into a Level 3 apprenticeship which would allow you to earn whilst you learn.  Popular apprenticeships include assistant accountant, debt advisor or compliance and risk officer.

If you are based outside the UK, IGCSEs are widely recognised by top Accounting Universities such as Harvard, Oxford, Tsinghua and Melbourne.

The Pearson Edexcel IGCSE Accounting course can be taken worldwide including the UK.  Content within the specification is adapted for international learners and the qualification is comparable to UK GCSE standards.

You will receive access and support for two years, however you can complete the course much sooner if you need 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.

The International GCSE is taken worldwide rather than just within the UK.  It is equivalent to a GCSE but is often 100% exam based.  See our article IGCSE vs GCSE for more information.

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