Accounting

Subject Team

Mr J McGee (Head of Department)
Mrs A Farrell

A Level

Students learn the fundamentals of record-keeping and the purposes, techniques and consequences of effective financial accounting. Pupils consider how financial accounting helps in the measuring, monitoring and planning of successful businesses. They study business ownership, control, profitability, performance and budgeting.

ACCN 1
Purposes of Accounting. Accounting records, Verification of Accounting records, Trading profit and loss accounts and Balance Sheets.

ACCN 2
Types of Business Organisations Ratio Analysis, Budgeting Impact of ICT on Accounting.

ACCN 3
Sources of Finance, Incomplete Records, Partnership Accounts, Published Accounts, International Accounting Standards, Inventory Valuation.

ACCN 4
Manufacturing Accounts, Marginal, Absorption and Activity Based Costing, Standard Costing and Variance Analysis, Capital Investment Appraisal, Budgeting, Social Accounting.

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