Accounting offers the opportunity for students to be able to apply their analytical and problem solving skills to quantitative and qualitative data. Students are able to develop their numeracy skills in great detail and the course enables students to apply formula and functions to real world business performance. Whilst studying Accounting students also have the opportunity to partake in numerous extra-curricular activities including the ICAEW Base Accounting competition and student investor. Accounting overall helps students to be critical thinkers, often questioning and interpreting data from multiple angles whilst also developing strong communication skills to help others make informed decisions. The skills acquired throughout the course are transferable and prepare students for Higher Education or employment in a wide range of industries.
What will I study?
In the first year, you’ll be introduced to the role of an accountant in a business, different types of business structures that exist, and the foundation of accounting double entry book-keeping. You’ll learn how businesses keep accounting records and be able to prepare financial statements (income statements and statements of financial position) for both sole traders and limited companies, evaluating the performance of these businesses using ratio analysis.
In the second year, the initial focus is on the internal financial techniques the accountant uses in order to help the managers of the business make better financial decisions,. These include budgeting, marginal, absorption and standard costing, and capital investment appraisal. You’ll then learn about accounting for partnerships and PLCs, whilst all the time, considering the ethical impact of a company’s financial decisions.
What are the entry requirements?
Please check this subject table for full details of our A Level entry requirements.