Senior Level 1 & 2
Subject Information
Aim:
The aims are to enable students to develop:
- knowledge and understanding of the principles and purposes of accounting for individuals, businesses, non-trading organisations and society as a whole
- an understanding of accounting concepts, principles, policies, techniques, procedures and terminology
- improved skills of numeracy, literacy, communication, enquiry, presentation and interpretation
- improved accuracy, orderliness and the ability to think logically an excellent foundation for advanced study
The IGCSE Accounting Course is structured to run over AT LEAST a 24 month period to provide sufficient contact time and exam preparations.
Scheme of work:
The IGCSE Accounting syllabus is presented in the below structure:
UNIT | HOURS | LESSONS |
The fundamentals of accounting | 5 (4% of the course) | 7.5 |
Sources and recording of data | 36 (28% of the course) | 54 |
Verification of accounting records | 16 (12% of the course) | 24 |
Accounting procedures | 16 (12% of the course) | 24 |
Preparation of financial statements | 40 (31% of the course) | 60 |
Analysis and interpretation | 12 (9% of the course) | 18 |
Accounting principles and policies | 5 (4% of the course) | 7.5 |
Assessments:
Throughout the course, internal assessments and examinations will take place.
Term 1 and 3
2 Assignments and 1 test per term.
Term 2 and 4
2 Assignments and 1 set of exams per term.
These exams will be structured as external exams to give students and accurate depiction of what they can expect.
Paper 1
- Multiple choice paper
- 1 hour 15 minutes
- 35 marks
- 30%
- Candidates answer all 35 multiple-choice questions and indicate their answers on the answer sheet provided.
- This paper assesses content drawn from the entire syllabus. The questions may include calculations.
- Calculators may be used in the examination.
Paper 2
- Written paper
- 1 hour 45 minutes
- 100 marks
- 70%
- This is a structured written paper made up of five questions worth 20 marks each and assessing content drawn from the entire syllabus.
Both papers present a mix of ALL topics.
Resources:
Students are advised to purchase the following textbooks to facilitate their learning experience:
Cambridge IGCSE and O Level Accounting Workbook
- ISBN:9781316505052
- Format: Paperback
- Subject(s): Accounting
- Qualification:Cambridge IGCSE