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AITCHISON COLLEGE (Senior School) CURRICULUM GUIDE
CURRICULUM GUIDE
ACCOUNTING
AIMS
Accountants are an essential need of any business
organization. They not only keep a record of the sales and
purchases of a business but also help in identifying any
fraudulent activities. The subject accounting develops an
understanding of how to plan, budget and manage financial
resources. It enables us to critically apply, analyze and
evaluate accounting policies and practices. It provides an
understanding of how to use accounting information to
make viable business decisions.
NATURE OF COURSE
The IGCSE syllabus is divided into the following main
contents. These contents are further divided into many
sub- topics.
1. Basic principles
2. Accounting procedures
3. Financial statements
4. Preparation of financial statements
5. Advanced principles
The A level accounting syllabus is divided into two
main topics
1. Financial Accounting
2. Cost and Management Accounting
The course is further divided into AS Level and A Level topics
ENRICHMENT OPPORTUNITIES
During the course, Aitchison college encourages the use of
Harkness technique in classes which helps the students
discuss/speak up ideas in an encouraging, open-minded
environment with minimum teacher intervention. The
College provides weekly help for the students who are
ready to go the extra mile. Each department is available on
alternate weekends for the extra classes.
The students who need individual attention are catered to
by providing one to one coaching on alternate weekends.
Occasionally guest speakers are invited either to talk on
topics of interest for the students or to give the students a
step by step guide line towards a particular career.
BEYOND A LEVELS
A variety of finance qualifications are available to those
hoping to study accounting, which can be confusing when
searching for job opportunities. However, most students
study general degrees at Bachelors level before potentially
choosing their specialism as a postgraduate student.
Although helpful, it's not essential to have an accounting
degree in order to begin a career in accountancy. A variety
of other qualification options are available to graduates of
other subjects. Alternatives to accounting degrees can often
be studied while taking accounting internships.
The most popular accounting qualifications include:
AAT accounting courses - the Association of Accounting
Technicians (AAT) is made up of three qualifications across
three levels, which combine industry knowledge and
practical work skills.
ACCA qualifications - the Association of Chartered Certified
Accountants (ACCA) hosts two levels of qualifications;
Fundamentals and Professionals. Their modules cover a
variety of topics from corporate and business law to audit
and assurance.
ICAEW chartered accountant status - also referred to as the
ACA, this qualification consists of three to five years of
practical work experience and the completion of 13
modules. Many accountancy firms will accept qualifications
from any board, but if you have a definite career path
in mind, it's worth taking a look into the preferred
qualifications of that specialism.
ASSESSMENT DETAILS
IGCSE Accounting (0452)
For the Cambridge IGCSE in Accounting, candidates take two papers:
• Paper 1: Multiple Choice
1 Hour 15 Minutes
35 Marks
30%
• Paper 2: Structured written paper
1 Hour 45 Minutes
100 Marks
70%
A/AS Level Accounting (9706)
Cambridge A Level Accounting
• Paper 1: Multiple Choice 1 hour 30 marks - 30 multiple-choice questions
Questions are based on sections 1 and 2 of the subject content.
• Paper 2: 1 hour 45 minutes 90 marks
Four structured questions Questions are based on sections 1 and 2 of the subject content.
• Paper 3: Financial Accounting 1 hour 30 minutes 75 marks
Three structured questions Questions are based on section 3 of the subject content; knowledge of material from the
AS Level subject content is assumed.
• Paper 4: Cost and Management Accounting 1 hour 50 marks Two structured questions Questions are based on
section 4 of the subject content; knowledge of material from the AS Level subject content is assumed.