Universities and employers accept IGCSE Accounting as proof of an understanding of the theory and concepts of accounting, and the ways in which accounting is used in a variety of modern economic and business contexts. Students focus on the skills of recording, reporting, presenting and interpreting financial information; these form an ideal foundation for further study, and for a future career within many professions including accountancy.
There is no core/extended curriculum option/route. The examination board is Pearson Edexcel and the qualification is IGCSE Accounting (4AC1) (9-1). Please see the information about (9-1) grading and its equivalence to A*-G grading on page 4 above.
Paper 1 | 2 hours | A mixture of multiple-choice, short- and long-answer questions |
Paper 2 | 1 hour 15 minutes | A structured written paper |
Your final mark/grade will be calculated according to the following weighting:
Weighting | |
Paper 1 | 67% |
Paper 2 | 33% |
Today’s accountant is a key member of the management team for all private, public, nonprofit and governmental organisations. Accounting is “the language of business” since all business people use it to communicate. It provides excellent career opportunities and a strong foundation for upward career mobility. More CEOs have undergraduate or graduate degrees in accounting than any other area of study! Set your sights for the big-time. Accounting is a good foundation for those pupils thinking of a career in Accountancy, Banking & Finance, Management, Insurance, or for those who wish to run their own business. In fact, Accounting is an important skill in any work environment.
