A Level Accounting

Qualification: A Level Accounting (7127)

Awarding Body: AQA

Support: Up to 2 years

Exams: May/June 2024 or May /June 2025

UCAS Points: Yes - Dependant on Grades

Study Time: 360 Guided Learning Hours - 700 Hours Total Study

PAYMENT DETAILS:

Paying in Full: £499

Paying in Stages: Your first payment will be £99, then a direct debit will be set up for nine monthly payments of £50. Only available to students with a UK bank account. 

If enrolling on Two A Levels: Enter code AL50 at checkout to receive £50 off (Full payment only).
If enrolling on Three A Levels: Enter code AL200 at checkout to receive £200 off (Full payment only).

HOW IT WORKS:

This course will prepare you for sitting your A Level in Accounting. You will be able to gain up to 56 UCAS points to aid in your University application process.

We provide you with support for up to two years but it is entirely up to you how quickly you work through and whether you sit the exams in June 2023 or June 2024.

Exams take place once a year in May/June. You may choose to study 'fast track' and aim for the next available dates or you may choose to take a methodical approach and take them at a later date. The choice is entirely yours.

You can study the course online through a portal or receive a hard copy delivered in folders that is yours to keep.

Throughout the course you are fully supported so if you come across anything you are unsure of you can contact your tutor by email. You also have a support team by telephone.

At the end of each section you will complete an assignment which you will email to your tutor. This doesn't count towards your end grade but it allows the tutor to ensure you are on the right track and help iron out any problem areas. Assignments consist of exam style questions so are effectively mini mock exams. The idea is that by the end of the course you are fully up to speed and confident you will achieve the grade you require.

ENTRY REQUIREMENTS:

There are no entry requirements for the course.

SYLLABUS

Qualification code: 7127

There are five units within this course.

Unit 1: Introduction to Financial Accounting

• The role of the accountant in business
• Types of business organisation
• The double entry model
• Verification of accounting records
• Accounting concepts used in the preparation of accounting records

Unit 2: Introduction to Financial Statements

• Preparation of financial statement for sole traders
• Accounting for organisations with incomplete records
• Partnership accounts
• The implications of ethical considerations

Unit 3: Introduction to Management Accounting

• Budgeting
• Marginal costing
• Standard costing and variance analysis
• Absorption and activity based costing

Unit 4: Financial Statements for Limited Companies

• Limited company accounts
• Accounting for limited companies

Unit 5: Analysing and Interpreting Financial Information

• Analysis and evaluation of financial information
• Capital investment appraisal
• Interpretation, analysis and communication of accounting information

EXAMS AND ASSESSMENT

Exams take place in May/June of each year. It is the responsibility of the student to book their exams. Exam centres will charge and the price can vary so it is wise to investigate prior to enrolment.

You can search for a list of UK exam centres here:

A Level Accounting consists of two paper-based exams. A breakdown of the two papers follows:

Paper 1: 

• Type: Written Examination
• Duration: 3 hours
• Weighting: 50% of A Level
• Total Marks: 120
• Assessed: Sections 1-8 and 14-18 of the subject content
• Assessment format: A combination of multiple choice, short answer and extended writing questions

Paper 2:

• Type: Written Examination
• Duration: 3 hours
• Weighting: 50% of A Level
• Total Marks: 120
• Assessed: Sections 1-3, 8-13 and 17-18 of the subject content
• Assessment format: A combination of multiple choice, short answer and extended writing questions