Accounting builds accurate recording, reporting and interpretation of financial information for sole traders, partnerships and companies.
Form 1–4 (IGCSE)
- Double‑entry bookkeeping and day books; trial balance
- Income statement and statement of financial position
- Adjustments: depreciation, accruals & prepayments, bad debts
- Control accounts, bank reconciliation and errors
- Analysis and interpretation with ratios; ethics in accounting
Form 5–6 (AS/A Level)
- Advanced adjustments; manufacturing accounts
- Partnership accounts; company accounts and share issues
- Statements of cash flows and ratios
- Budgeting, standard costing and variance analysis
- Decision‑making and evaluation of performance