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Accounting AS and A Level. What is Accounting?. Quite simply, accounting is a language: a language that provides information about the financial position of an organization. It is the backbone of business.
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What is Accounting? • Quite simply, accounting is a language: a language that provides information about the financial position of an organization. • It is the backbone of business. • Provides a clear financial image of a business, and allows managers to make informed decisions, keeps investors abreast of developments in the business, and keeps the business profitable. • It is also one of the oldest professions; businesses have been practicing accounting for thousands of years.
Why study A Level Accounting? • Stimulating: The world of finance and investment banking attracts many top graduates. Household names such as J P Morgan, Merrill Lynch, KPMG, Deloittes, Ernst & Young, PWC and Morgan Stanley are synonymous with exciting assignments and glamorous lifestyles. • Rewarding: Careers in accounting and finance are associated with very high salaries. A recent National Institute study identified accounting as the most lucrative of all degree courses in terms of graduates’ lifetime earning. • Variety: International accounting firms offer a bewildering array of career opportunities to suit all interests. • Leadership: After gaining their professional qualifications, many accountants move into senior management positions in large firms. The Chief Executive Officers (CEOs) in many of the UK’s leading companies are qualified accountants.
The Accounting Course • AS outline • At AS, candidates learn the fundamentals of record-keeping and the purposes, techniques and consequences of effective financial accounting • ACCN1 1: Introduction to Financial Accounting • ACCN2: Financial and Management Accounting. • A2 outline • At A2, candidates develop their understanding of financial accounting techniques for business without a complete accounting system, for partnerships and for limited companies. • Unit 3: Further Aspects of Financial Accounting • Unit 4: Further Aspects of Management Accounting
How will my progress be assessed ? • Tutor marked written assignments • Mock examinations • Modular examinations; January and June
What resources…? • A comprehensive printed learning pack • A supporting text book • Tutor support hourly video-conference • I can contact my tutor by e-mail • Biennial tutor visits to my school • I can contact my tutor via my link-teacher
What does my school need to do? • Have video conference equipment • Low cost options available, ask MBLS • Have suitable room for v-c • Provide a dedicated link teacher • Contact AQA to book examinations
Further questions about Accounting ? For specific subject-related queries contact: Email: riaza@mblearningsolutions.co.uk Telephone: 01492 580101 For more general or practical queries, contact the MBLS office on the same number.