Description
This IGCSE Accounting course will help students develop an understanding of measuring, processing and communication of financial and non financial information.
Cambridge IGCSE Accounting comprises of two assessed papers, which would be sat in June & November:
Support
The course will be delivered online including Tutor Support for two years. All assignments are marked by one of our professional Tutors who will offer regular feedback and guide you through your course. Postal assignments cannot be accepted without prior permission from the tutor and you must have access to email in order to contact your Tutor.
Throughout your course, you'll have the support of a Tutor to guide you. Additionally, you can reach out to the Student Support Team for help with any other questions you may have. You can be assured that you will receive unlimited support for your home study course, so there is no need to struggle or feel isolated during your studies.
Assessment
The course contains a number of assignments which your tutor will mark and give you valuable feedback on. You will also have access to a range of online resources.
Students will be required to arrange and pay for their examinations at an approved centre when an examination forms part of the course. We can provide an extensive list of these centres for you.
Differences between Cambridge and Edexcel Exam boards.
Cambridge and Edexcel IGCSEs are international qualifications. Cambridge and Edexcel IGCSEs can be taken worldwide including the United Kingdom. Both exam boards offer a similar specification however different courses can have a different structure. Both the Cambridge and Edexcel courses are full International GCSE qualifications.
Fees
Course fees for payment in full include:
- Assessment and feedback on all assignments.
- Access to your personal Tutor via our online portal.
- Access to a range of online resources, student materials, assessments, assignments, eBooks etc
- Practice exam papers to prepare you for the real thing.
- Tutor references and predicted grades once a satisfactory amount of work has been completed.
- Help finding an exam centre for you to sit your exam
Cambridge Exam Board
Cambridge Course Code(s):
IGCSE Accounting (9-1): 0985
IGCSE Accounting 0452
(Please note, there is no difference in the course teachings for the two specifications, there only difference is the grade you will receive once you have taken the exams. 0985 is graded 9-1, 9 being the highest while 0452 is graded A* to G, A* being the highest.)
Cambridge Exams: June & November
Cambridge Study Hours: 130
This IGCSE Accounting CAIE Course will introduce learners to the theory and concepts of accounting, including the ways in which accounting is used in a variety of modern economic business contexts.
Learners will concentrate on the skills of recording, reporting, presenting and interpreting financial information; these will form an ideal foundation for further study, and for future career within the profession. The syllabus is structured so that learners attain both practical skills and theoretical knowledge
Cambridge Modules
1.The fundamentals of accounting
- The purpose of accounting
- The accounting equation
2.Sources and recording of data
- The double entry system of book-keeping
- Business documents
- Books of prime entry
3.Verification of accounting records
- The trial balance
- Correction of errors
- Bank reconciliation
- Control accounts
4. Accounting procedures
- Capital and revenue expenditure and receipts
- Accounting for depreciation and disposal of non- current assets
- Other payables and other receivables
- Irrecoverable debts and provisions for doubtful debts
- Valuation of inventory
5. Preparation of financial statements
- Sole traders
- Partnerships
- Limited companies
- Clubs and societies
- Manufacturing accounts
- Incomplete records
6.Analysis and interpretation
- Calculation and understanding of accounting ratios
- Interpretation of accounting ratios
- Inter-firm comparison
- Interested parties
- Limitations of accounting statements
7. Accounting principles and policies
- Accounting principles
- Accounting policies
Exam Papers:
Paper 1:
Written examination: 1 hour 15 minutes
Availability: June and October
Assessment overview: Multiple- choice questions based on all syllabus content.
35 marks
30% of grade
Paper 2:
Written examination: 1 hour 45 minutes
Availability: June and October
Assessment overview: Structured written questions based on all syllabus content
100 marks
70% of grade
Edexcel Exam Board
Edexcel Course Code(s): 4AC1
Edexcel Exams: January and June
Edexcel Study Hours: 130
Edexcel Modules
1.The accounting environment
- Types of business organisation
- Accounting concepts
- Use of technology in accounting
- Professional ethics
2. Introduction to book-keeping
- Business documentation
- Books of original entry
- Ledger accounting
- Capital expenditure and revenue expenditure
- Depreciation
- Irrecoverable debts
- Other receivable and payables
3. Introduction to control processes
- Trial balance
- Control accounts
- Correction of errors
- Bank reconciliation statements
4. The preparation of financial statements
- Financial statement of a sole trader
- Financial statement of a partnership
- Incomplete records
- The calculation and interpretation of accounting ratios
- Financial statements of a manufacturer
5. Accounting for end of period adjustments
- Application of accounting concepts
- Depreciation
- Irrecoverable debts
- Other receivables and payables
Exam Papers
Paper 1
Written examination: 2 hours
Availability: January and June
Assessment overview: The examination comprises a mixture of multiple-choice, short- and long-answer questions, and is presented in two sections, covering the following topics: The Accounting environment, introduction to book- keeping and introduction to control processes.
100 marks
66.6% of the total international GCSE
Paper 2
Written examination: 1 hour 15 minutes
Availability: January and June
Assessment overview: The examination comprises two multi-part questions focusing on the preparation, analysis or evaluation of financial statements covering the following topics: The preparation of financial statements, and accounting for end of period adjustments.
50 marks
33.3% of the total International GCSE