The Course Programme
Fast Track is a unique programme designed specifically for learners who want to obtain the qualifications in a short space of time; need to improve a current grade; revise to re-sit the AS/A level. Popular with mature students, returning learners, who need to prove academic ability before entry to higher education at University or, even improve employment prospects; all of whom want the flexibility of learning online at their own pace rather than conventional settings.
This Fast Track level three (3) course is based on the AQA Advanced General Certificate Education; that also includes units from the AS level (A-GCE) Specifications for AQA Accounting, which became available from 2014 examination series.
The Learning programme for the student, offers choice and scope in regards to the wider study of religious belief, philosophy and ethics. The course follows the core aims of the AQA framework.
The concept of the programme is to be able to study at a paced level that allows students to complete the programme in a short space of time, usually 12 months. In doing so, students can plan to sit the most suitable examination series following completion. Students can also use the course to sit either the A level or the AS level and in some cases students may want to sit both!
The College remains at the competitive edge of online and distance learning; and through our excellent track record, provide a quality assured programme of learning our fees are within the range of market trends for similar courses, but remain readily affordable.
Our fee for this course is £ 365:00* which can be paid in full or, through instalments.
(*The course fee excludes ALL external examinations costs).
This course consists of FOUR UNITS (4) from the GCE ‘A’ Level and is a qualification in its own right. Students are strongly recommended to familiarise themselves with the new AQA specification for the A level GCE in AQA Accounting (for first examination in 2016).
Oxford Learning College offer the opportunity to study AQA Accounting courses as specified by AQA. This A level syllabus has several features:
This course is designed to show you aspects of understanding of accounting, concepts and techniques. The course covers several different areas such as developing your ability and skills in a range of sectors such as data skills, making judgements and justified recommendations. By the end of the course you will have knowledge and understanding of accounting, problem solving and task managing.
· Students will have an opportunity to explore financial accounting
· You will review techniques for problem solving
· Gain knowledge in managing accounts
Course Entry Requirements
Good English oral, reading and writing skills, previous study at level two (GCSE, IGCSE etc) or equivalent. Full tutor support is given although, Tutor’s are not able to support beyond specific syllabus queries, learning difficulties and marking/grading of TMA’s. General support is offered by OLC through its online and telephone student services centre.
Approximately: Ninety (90) hours of personal study time, per unit, which is supported by the student’s OLC Tutor, which is an optional arrangement for students, but we greatly encouraged students to access this to achieve a good examination outcome.
This qualification supports progression in our College to other Advanced GCE and other International Higher Awards in many academic subjects (see our level 4 & 5 portfolio of courses online); and also, allow students to move onto Higher Education or similar Institution completing: Foundation Degrees; Degrees Post-graduate and other formal qualifications.
Course Syllabus & Contents
The whole ‘A’ level has FOUR (4) specific units of study, which are sub-divided into FOUR (4) Units of learning, these are:
Unit One – Introduction to Financial Planning
This unit will introduce students into the world of accounting, explaining how to apply double-entry procedures, as part of a, robust accounting systems. Students will gain knowledge of accuracy of accounting records, purpose and limitations of verification techniques as well as understanding the importance and rigour of maintaining accurate business and stakeholders’ records. Finally, students will review the various presentation techniques used in the reporting of statements of accounts.
Unit Two – Financial and Management Accounting
The unit will explore areas to develop a student’s understanding of financial accounting in relation to reviewing of financial statements, make complex adjustments and review financial structures. Students will also hone skills from unit one in gaining analytical knowledge of how to use evaluation as part of assessing financial strengths and weaknesses in a variety of businesses.
Unit Three– Further Aspects of: Financial Planning
This unit will allow students to review and evaluate techniques used and applied to accounting systems. Students will learn about the importance of cash flow processes and international accounting practices. Opportunity for students to add to the skills learned in previous units as they review the complex nature of: internal finance, shares, bank loan, overdrafts and mortgages.
Unit Four - Further Aspects of: Managing Accounting
In this final unit students will explore the complex techniques of capital investments, cost concepts and social accounting factors and the importance of, budget control. The student will be able to apply further analysis to their growing knowledge in understanding and learning the various elements of manufacturing accounting such as: balance sheets, overhead costs, prime costs, profit and loss. At the end of the course, students should have a clear and analytical knowledge that can be applied to the examination, further studies and more importantly business settings.
Although the course programme is ‘self contained’ the student may wish to obtain further materials in regards to learning. The following materials are in the main useful, but not essential to guide learning: -
Andrew Northedge – The Good Study Guide Open University
All of the above can also be obtained in an electronic format
Greater detail of all the course information and resources will be provided after enrolment.
Awarding Body Syllabus
The course does not as standard have any examinations board ‘course work’ element and is therefore, has an end loaded final assessment by a FOUR (4) papers across the four syllabus units of learning, divided into TWO (2) parts – A & B.
To ensure that the four assessment objectives are clearly placed and assessed prior to the final examination, the TMA’s are weighted in accordance with these AO statements below:
AO1Demonstrate knowledge and understanding of accounting principles, concepts and techniques;
AO2: Select and apply knowledge and understanding of accounting principles, concepts and techniques to familiar and unfamiliar situations;
AO3: Order, interpret and analyse accounting information in an appropriate format. Evaluate accounting information, taking into consideration internal and external factors to make reasoned judgements, decisions and recommendations, and assess alternative courses of action using an appropriate form and style of writing.
Quality of Written Communication (QWC)
In addition, in GCE A-level specifications which require candidates to produce written material in English, candidates must: ensure that text is legible and that spelling, punctuation and grammar are accurate so that meaning is clear; select and use a form and style of writing appropriate to purpose and to complex subject matter; organise, information clearly and coherently, using specialist vocabulary when appropriate. In this Specification, QWC will be assessed in all questions and in all units
Course Assessment Requirements
All the course units carry a Tutor Marked Assignment (TMA). These are marked by a dedicated team of tutors, one of whom will be allocated you as a student. They will advise your learning, mark your TMA’s and answer any academic course queries that may arise.
Students are also fully supported by a dedicated Student Services Team who are available to, guide all non-academic aspects of learning; from accessing materials, finding welfare support and any other pastoral or administrative needs during your course.
Each unit will also have its own Tutor Marked Assignment (TMA). These assignments will be based on actual examination questions (from past papers), which will prepare the student for the final examination. There is no coursework option for this programme.
The TMA should be sent/uploaded to the ODL tutor through the Online Campus, for marking and grading. Although tutor support is optional, it is a vital component in preparing the student for the examination and therefore, it is encouraged that students take full advantage of this support. The completed TMA unit can then be used as a ‘revision tool’ for the final examination.
Each TMA (four in all) completed once study of both the AS and A Level Modules for a unit are concluded. TMA’s will be graded in the same manner as the examination paper, with feedback comments and support/advise from the course tutor.
Each unit will have a short optional ‘self tasks’ which will ask revision questions about the content being learnt in the unit, and answers provided for the student to check their own knowledge and understanding. These ‘self tasks’ do not need to be sent into the tutor for marking – and if done so, would be returned unmarked!
Final Internal Grading
The scheme of assessment consists of a single tier, in which all components target the complete ranges of grades; from: A*–G. Students who fail to achieve grade G will be awarded Ungraded. The grades are weighted from marks attained in Units.
As there is no internal centre (OLC) coursework component, the internal OLC TMA’s do not form part of the final grading outcome for the student, although they do in essence prepare the student for a level of success in attaining a pass result in the examination. Therefore, it is advisable that students complete all TMA’s as part of their programme of learning and submitting them for tutor marking and comment.
The College will only provide academic references for such higher learning, only if the student has completed at least two (2) TMA’s. This allows the academic team to make an informed judgement of a student’s abilities for higher learning. In doing so, the College reserves the right to make a small charge for all academic reference requests.
All students take the single externally marked examination paper to attain the A Level GCE and/or AS Level or both, in AQA Accounting.
Pearson AQA Awarding Body
Pearson AQA has a complete area of their website dedicated to students. This specialist area is full of helpful advice and guidance on all aspects of the courses being offered. We advise students to make use of this invaluable resource. This resource can be accessed at the following website:
Examination Timetable 2017/8
The examinations timetable for 2017 for the UK and International Centres can be found through this link below:
Booking as an External ‘private’ Candidate
All our students are known as “private sitting candidates.” We advise all our students to familiarise themselves with the process for planning to sit their examination at local registered centre. These are frequently: schools, colleges and other approved centres. The link below provides information about arrangement and centres for 2017/8:
Each unit for the A level papers are each 2 hours long and each carry 100 marks which are then aggregated to assess the final outcome grade awarded. Similarly, the AS level examination is shorter each unit is a 1.5-hour paper. All papers need to be completed to be awarded a full A level.
There will be one question based on each of the four sub-topics already stated. Candidates must answer two of these questions. Understanding of any one topic may be informed by a study of the others, and, where relevant, candidates may draw on material from more than one topic in their answer to any question set. To study less than the full Specification content may disadvantage a candidate’s synoptic grasp of the material for study. Where appropriate, answers should show awareness that there are differing views on the topics and issues studied.
To support revision and preparation we suggest student make careful notes throughout their course make frequent contact with their tutor and fellow students through our online campus. We also strongly suggest that students download past examination papers from the Awarding Body, at the following link:
Examination Award Grading/Result
The chosen sitting centre will be responsible for processing a candidate’s results and arrangements to collect the award result remains with the candidate and sitting centre. OLC, do not enter into any formal undertaking in this process.
The A level qualification will be graded on a five-point scale: A, B, C, D and E. The full A Level qualification will be graded on a six-point scale: A*, A, B, C, D and E. To be awarded an A* candidates will need to achieve a grade A on the full A Level qualification and an A* on the aggregate of the A2 units.
For AS and A Level, candidates who fail to reach the minimum standard for grade E will be recorded as U (unclassified) and will not receive a qualification certificate. Individual assessment unit results will be certificated. Information about final grading and certification can be obtained at the Awarding Body web link given above.
Exit Award & Certification
We will provide a “College Certificate of attendance/attainment”, but you must sit the final external examination to obtain the award: “General Certificate in Education in AQA Accounting”. Like most academic institutions/businesses, our certificate will only prove that you have studies to an accepted level to sit the formal examination, only when you have successfully pass the examination stage, are you able to show that you have attained the formal ‘A’ Level Qualification.
The College is stringently moderated both internally and externally through three specific processes:
As part of the requirements from all our awarding bodies, we maintain a team of highly skilled academic staff who scrutinise and ‘double mark’ tutor comments and grades. These are then fed into our Quality Assurance process in which we are able to ensure that tutors are being fair in their grades and consistent in their comments.
In order to maintain our status as an institution, we are externally moderated by each of our awarding bodies; they all follow a similar process of verification across the whole spectrum of our programmes. This ensures that we are able to maintain strongly focused standards and offer what we proud to say is a quality assured service.
Students are always welcome to make comments, raise concerns, positive and even negative feedback to us. Attainments of our students is key to our success as a college and through the process of our exit questionnaire we are given invaluable feedback and help as we evolve our portfolio of learning and maintain our strong competitive edge.
“We look forward to welcoming you as one of our students in the near future. If you have any questions or need to know more, simply contact us”.