IGCSE Accounting is a great building block to A-Levels but also an interesting subject in its own right. You will cover both Bookkeeping and Financial Statements as well as looking at fundamental accounting concepts.
IGCSE Accounting (9-1)
Exam code: 0985
Delivery method: Online
IGCSE duration: 120 hours over 12 Months
Entry requirements: No prior qualification needed
Award achieved: CIE IGCSE Accounting
Awarding body: CIE
IGCSE Accounting is a great building block to A Levels but also an interesting subject in its own right. You will study both basic bookkeeping and the accounting environment as part of this online IGCSE.
You will also gain an appreciation of accounting concepts as well as understanding how the accountant works withing the business environment.
Our IGCSE Accounting E-Book offers an interactive learning experience to guide you through the IGCSE specification. You can also choose to add one year of tutor support for only £35.
Upon successful completion of the exam and practical assessments (as administered by CIE), you will have achieved an internationally recognised CIE IGCSE Accounting (0985) qualification.
Our IGCSE courses come with tutor feedback and support by email for 12 months. They will mark your TMAs and provide valuable guidance through any trickier parts of the course whenever you need it. You will also receive a study guide to help you with all aspects of studying, essay writing and general student skills.
The IGCSE provides opportunities to gain skills that will support progression to further study of Accounting, and to enhance future educational or employment prospects. Accounting qualifications can be particularly valuable for students wishing to progress into accountancy or financial careers; accountant graduates tend to have excellent employment prospects, allowing many students to work in a range of global sectors and industries.
The CIE IGCSE Accounting qualification is gained once all four exam papers are successfully completed.
These exams are administered by CIE. As a private candidate you will sit your exams in an exam centre such as a school, college or private tuition centre.
In addition, if you select the added tutor support there will be a number of tutor marked assessments (TMAs) to ensure that you have a thorough understanding of the content, with the tutor sending comments to guide you through any areas of potential difficulty. This will ensure you are prepared for the final exams.
The course is primarily an online course using a Learning Management System (LMS).
The online course has many features that cannot be printed such as embedded videos, forums and interactive tests.
The course includes Tutor Marked Assessments which you access and submit through the online system.
This course is divided into 3 units:
IGCSE Accounting Outline
This IGCSE is divided into 7 units of Study.
- The fundamentals of accounting
- Sources and recording of data information in books of prime entry.
- Verification of accounting records
- Accounting procedures
- Preparation of financial statements
- Analysis and interpretation
- Accounting principles and policies
Paper 1:
Exam Availability: May/ June or November
Written examination: 1 hour 15 minutes
Paper 2:
Exam Availability: May/ June or November
Written examination: 1 hour 45 mins
IGCSE Accounting Content
The mains areas of study are:
- The fundamentals of accounting – This section introduces the subject by explaining the difference between book-keeping and accounting. The role of accounting in providing information and the purposes of measuring business profit and loss are also
explored. Basic accounting terms and the accounting equation are introduced. - Sources and recording of data – The core topic of this section is the double entry system of book-keeping and how this is applied in the preparation of ledger accounts. The division of the ledger is considered. Business documents and their use as sources of information are also included. Consideration is given to the procedures for processing information in books of prime entry.
- Verification of accounting records -This section concentrates on the use of trial balances, bank reconciliation statements and control accounts as means of verifying accounting records. The procedures for the correction of errors are also covered.
- Accounting procedures – Within this section, consideration is given to the importance of distinguishing between capital and revenue expenditure and receipts. Non-current assets are further explored in terms of accounting for depreciation and disposals. Procedures to record adjustments for accruals and prepayments, irrecoverable debts, provision of doubtful debts and the recovery of debts written off are included. Inventory valuation, and its impact on financial statements, is also covered.
- Preparation of financial statements – The focus of this section is the preparation of financial statements, including year-end adjustments, for different types of businesses (sole traders, partnerships and limited companies). Consideration is also given to the financial statements of clubs and societies and manufacturing businesses. The procedures employed when only incomplete records are available are also covered.
- Analysis and interpretation – This section introduces the calculation and the interpretation of the main accounting ratios. The use of ratios in inter-firm comparison is also included. Consideration is also given to the uses of accounting information by interested parties. The limitations of accounting statements are also explored.
- Accounting principles and policies – The main accounting principles are introduced together with how they are applied in accounting records andstatements. Consideration is also given to the influence of international accounting standards and the selection of accounting policies.
Mock Exams:
Your online course contains mini assessments at the end of each chapter. However, if you wish to sit a Mock Exam before the finals, we can arrange that at the centre or online. Mock exam fees are additional, and they may vary from £25 to £50 per paper.
Please contact us on 02033028140 or visit our exam centre website for more information and guidance on how to book your final exam http://privateexamcentre.co.uk/.
Final Exams:
Roughly 6 months before your chosen exam date, you should book your place at an exam centre to take the final exam exams for GCSE/IGCSE Certificates.
The International General Certificate of Secondary Education (IGCSE) examinations, offered by Pearson Edexcel, are held in Summer (May/June) and Winter (January/February). Cambridge International Exams (CIE) take place in Winter (January/February), Summer (May/June) and Autumn (Oct/Nov) every year.
Please contact us on 02033028140 or visit our exam centre website for more information and guidance on how to book your final exam http://privateexamcentre.co.uk/
Your exam fees aren’t included in the course cost as they’re paid directly to the exam centre. They’ll vary depending on which centre you choose. It is recommended to book your exams will in advance to avoid late booking fees. Book your exams now!
How to Enrol:
- If you’d like to pay in full, you can enrol online using the ‘Purchase’ button.
- If you’d like to set up an interest-free payment plan, get in touch with our GCSE Advisors on 0800 7723464.
- If you have any disabilities which you think might affect your studies or assessments, please let us know before you enrol so we can advise you on whether reasonable adjustments can be made to accommodate your needs.
Once your purchase is completed, you will receive your login details within 24 hours, and you will be good to go! Everyone at BestGrade wishes you the best of luck on your studying journey! We know it’s both rewarding and challenging, but your qualification will make a significant contribution to your career path and life. Good luck!
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