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Accounting AS and A Level 4/17/20151. What is Accounting? 4/17/20152  Quite simply, accounting is a language: a language that provides information about.

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Presentation on theme: "Accounting AS and A Level 4/17/20151. What is Accounting? 4/17/20152  Quite simply, accounting is a language: a language that provides information about."— Presentation transcript:

1 Accounting AS and A Level 4/17/20151

2 What is Accounting? 4/17/20152  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.

3 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. 4/17/20153

4 The Accounting Course 4/17/20154 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

5 How will my progress be assessed ? 4/17/20155 Tutor marked written assignments Mock examinations Modular examinations; January and June

6 What resources…? 4/17/20156 A comprehensive printed learning pack A supporting text book Tutor support hourly video-conference I can contact my tutor by Biennial tutor visits to my school I can contact my tutor via my link-teacher

7 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 4/17/20157

8 Further questions about Accounting ? For specific subject-related queries contact: Telephone: For more general or practical queries, contact the MBLS office on the same number. 4/17/20158


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