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Luton Sixth Form

Accounting (A Level)

 Why study Accounting?

Financial information is the lifeblood of all commercial and not-for-profit organisations. If resources are not used efficiently and effectively, then the needs of their respective stakeholders will not be met. This course develops a clear understanding of the importance of maintaining effective accounting information systems as well as raising an awareness of their limitations. Accounting builds a capacity for analytical, methodical and critical thought which would serve as an end in itself, as well as a basis for the further study of Accounting and other subjects.

 Entry Requirements

In addition to our general entry requirements, you must have:

  • GCSE English – grade 4
  • GCSE Maths – grade 5

No previous knowledge of Accounting is required

The Course

Accounting is the study of how a business records financial information and then reports its results, makes decisions and budgets for the future. This must all be done within a recognised framework of methods and procedures, which must be applied consistently. You will need to be confident at handling numerical data, good at interpreting written information and enjoy solving problems.

Course Activities

Students will learn through a variety of activities including case studies, discussions, note-taking, reading and individual research. Work will be text, number and graph-based. We focus on giving you a good basic understanding of accounting concepts and procedures which will prepare you for either university or employment.

Career and Progression Opportunities

Many students progress to training contracts with UK plcs or large accounting firms and gain an internationally-recognised professional accounting qualification. Such training can lead to varied and interesting careers and the potential for overseas placements with global companies. Job prospects are consistently good for enthusiastic and committed professionals.

Accounting supports progression to a wide range of degree courses, including Accounting, Financial Management, Business Management, Information Technology and Law.

Course Structure and Assessment

This qualification is a linear two-year programme and students will sit all their external exams at the end of the second year. There will be two three-hour examination papers. Internal assessments will monitor progress throughout the duration of the course. The course is divided into 18 elements:


1. An introduction to the role of the accountant in business.
2. Types of business organisation.
3. The double entry model.
4. Verification of accounting records.
5. Accounting concepts used in the preparation of accounting records.
6. Preparation of financial statements of sole traders.
7. Limited company accounts.
8. Analysis and evaluation of financial information.
9. Budgeting.
10. Marginal costing.
11. Standard costing and variance analysis.
12. Absorption and activity based costing.
13. Capital investment appraisal.
14. Accounting for organisations with incomplete records.
15. Partnership accounts.
16. Accounting for limited companies.
17. Interpretation, analysis and communication of accounting information.
18. The impact of ethical considerations.

Additional Information

Examination Board: AQA (7127)
You will be required to attend a transition day in the summer term and complete work over
the summer and hand in at enrolment. Without this, you may not be able to take your place
on the course.


Case Study