AS in Accounting 1121

£215.00

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AS in Accounting 1121

This course will help you to;

  • develop knowledge and understanding of the purposes of accounting, its concepts, techniques and procedures
  • apply this knowledge and understanding to a variety of accounting problems
  • develop an appreciation of the role and limitations of accounting in decision-making
  • analyse, interpret and evaluate accounting information, assess alternative courses of action and make reasoned judgements taking into consideration economic, legal, technological and social factors.

This course will also assist you in acquiring a range of important and transferable skills including;

  • data skills
  • presenting arguments and making judgements and justified recommendations on the basis of the available evidence
  • recognising the nature of problems, solving problems and making decisions using appropriate accounting tools and methods
  • planning work, taking into account the demands of the task and the time available to complete it.

This AS course consists of two units:

  • Unit 1 – ACCN1 Introduction to Financial Accounting
  • Unit 2 – ACCN2 Financial and Management Accounting

The AS Units

Unit 1 – ACCN1 Introduction to Financial Accounting

In the study of this first unit, you to explore and understand the following key areas;

This unit is designed as a foundation for the course and covers double-entry procedures as applied to the accounting systems of sole traders.

You will understand how the double-entry system operates and develop skills in keeping accurate accounting records. You will also understand how to record a variety of transactions, working from original documents and using the appropriate books of original entry.

By verifying the accuracy of accounting records, this course will help you to be able to explain the purpose and limitations of verification techniques and be able to assess the consequences of errors on profit calculations and balance sheets.

By the end of this unit you should be able to demonstrate an understanding of the complete double-entry process by transferring relevant accounts to the income statement (trading and profit and loss account), balancing accounts and preparing a balance sheet set out in good form. By the end of this unit you should be able to make straightforward adjustments to expenses in the financial statements including the recording of depreciation based on the straight-line method.

These topic areas will be examined through the examination of a variety of activities and examples. You will also consider and participate in the practical application of these topic areas.

 

Unit 2 – ACCN2 Financial and Management Accounting

In the study of this second unit, you will explore the following key areas;

This unit will provide you with the opportunity to develop their knowledge and understanding of financial accounting and also introduces you to some of the ways in which financial accounting can provide valuable information for the measurement and monitoring of business performance as well as planning future business operations.

In this section you will develop your ability to produce financial statements (final accounts) for sole traders as well as for limited companies. By the end of this unit you should be able to make more complex adjustments to financial statements. You will also begin to understand the concepts which underlie the preparation of financial statements and also to explain how these are applied to a variety of situations.

You will also understand how the financial structure of a limited company differs from that of a sole trader and a partnership, and also how ownership and control are separated.

You will also appreciate why these forms of ownership are appropriate in certain circumstances and be able to report on the performance of sole traders and limited companies by evaluating their financial strengths and weaknesses.

At the end of this unit you should feel able to recommend courses of action which will benefit the business and explain the consequences of failing to take remedial action. Finally you will be able to demonstrate an understanding of the purposes of budgeting and be able to prepare cash budgets.

These topic areas will be examined through the examination of a variety of case studies and examples. You will also be able to demonstrate your practical application in these topic areas.

The format of the Examinations

PLEASE NOTE: All exams will be held during the May - June exam period.

AS Units ACCN1 and ACCN2

Unit 1 – ACCN1 Introduction to Financial Accounting

50% of AS, 25% of A Level

1 hour 30 minutes written examination

80 raw marks (100 UMS)

Four compulsory questions – each carrying a variable number of marks, each with a variable number of sub-questions.


Unit 2 – ACCN2 Financial and Management Accounting

50% of AS, 25% of A Level

1 hour 30 minutes written examination

80 raw marks (100 UMS)

Four compulsory questions – each carrying a variable number of marks, each with a variable number of sub-questions.

  

What's Included

Online Learning Documentation, Online Resources and Tutor support for 1 year.

Further Information

Your course is delivered online via the Oxford Learning On Campus website.

January 2013 will be the last January exam period. All future exams will be held during the May - June exam period only.

In the student 'On Campus' area you are also able to take part in the student chat room and forums as part of our online student community.

After enrolling online you will receive your username and password to access the On Campus area within 3 working days.

Students are required to arrange and pay for their examinations and manage the course work element if the subject requires this. Students must check the relevant examination board website for further information and final examination sitting dates for the specification.

Materials and support provided by Oxford Learning. Oxford Learning

 

Course Fee

£215.00

Payment by Instalments

Students are able to pay course fees in monthly instalments. Click here to download our instalment plan.

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This product was added to our catalog on Tuesday 05 August, 2008.

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