Financial accounting

• Preparation of financial statements
• Regulatory and ethical considerations
• Business acquisition and merger
• Computerised accounting systems
• Analysis and communication of accounting information

Cost and management accounting

• Activity based costing (ABC)
• Standard costing
• Budgeting and budgetary control
• Investment appraisal

Paper 1

• Multiple Choice (1 hour 30 marks – 30 Marks)
• 30 multiple-choice questions
• Questions are based on sections 1 and 2 of the subject content
• Externally assessed
• 28% of the AS Level
• 14% of the A Level

Paper 2

• Fundamentals of Accounting  (1 hour 45 minutes – 90 marks)
• Four structured questions
• Questions are based on sections 1 and 2 of the subject content
• Externally assessed
• 72% of the AS Level
• 36% of the A Level

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
• Externally assessed
• 30% of the A Level

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
• Externally assessed
• 20% of the A Level