AS & A Level Accounting
From double entry bookkeeping to company accounts, budgeting, and investment appraisal — master the language of business
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About AS & A Level Accounting (9706)
Cambridge International AS & A Level Accounting (9706) develops a thorough understanding of both financial and management accounting — from the foundational principles of double entry bookkeeping to the preparation and analysis of full company financial statements and sophisticated management accounting techniques. It is an essential qualification for aspiring accountants, finance professionals, and business graduates at top universities worldwide.
Our programme combines rigorous numerical practice with the written analytical and evaluation skills that Cambridge examiners reward. Students are trained to prepare, interpret, and critically evaluate financial information — the core skills for success in Accounting, Finance, Economics, and Business degrees.
Financial & management accounting
Cambridge-specialist Accounting tutors
Company accounts & cash flow mastery
Ratio analysis & appraisal techniques
AS LEVEL — YEAR 12
AS Level Accounting Topics
The AS Level builds the complete financial accounting foundation — double entry, depreciation, inventory valuation, adjustments, financial statements, partnerships, and control accounts.
- The Role of Accounting — purpose, users of financial information, accounting concepts and conventions
- Accounting for Assets — capital vs revenue expenditure, depreciation (straight-line, reducing balance)
- Adjustments to Accounts — accruals, prepayments, irrecoverable debts, allowance for doubtful debts
- Statements of Financial Position — structure, classification of assets and liabilities, working capital
- Partnership Accounts — appropriation accounts, capital and current accounts, goodwill treatment
- Bank Reconciliation — adjusted cash book, timing differences, errors and omissions
- Double Entry Bookkeeping — debits and credits, T-accounts, ledger posting, trial balance extraction
- Inventory Valuation — FIFO, AVCO, effect on profit, perpetual and periodic inventory systems
- Income Statements — preparing income statements for sole traders, gross and net profit
- Accounts from Incomplete Records — mark-up and margin, reconstructing missing figures
- Control Accounts — preparing sales and purchases ledger control accounts, reconciliation
AS LEVEL — YEAR 13
A Level Accounting Topics
The full A Level advances into company accounts, IAS-compliant financial statements, ratio analysis, management accounting — budgeting, costing, variances — and capital investment appraisal.
- Company Accounts — limited companies, share capital, retained earnings, dividends, bonus and rights issues
- Cash Flow Statements — IAS 7, indirect method, operating, investing and financing activities
- Interpretation and Decision-Making — comparing companies, trend analysis, investment decisions
- Standard Costing — setting standards, material, labour and overhead variances, reconciliation
- Capital Investment Appraisal — payback, ARR, NPV, IRR, risk and uncertainty
- Auditing and Internal Controls — purpose, types of audit, internal control systems, fraud prevention
- Published Financial Statements — IAS-compliant income statement and statement of financial position
- Financial Statement Analysis — profitability, liquidity, efficiency, and gearing ratios; limitations
- Budgetary Control — master budget, cash budget, flexible budgets, variance analysis
- Marginal and Absorption Costing — contribution, break-even analysis, profit-volume charts, make-or-buy
- Management Accounting for Decision-Making — limiting factor analysis, pricing decisions, closure decisions
AS Level Exam Papers
Paper 1 — Multiple Choice
30 multiple choice questions testing knowledge of bookkeeping, financial accounting, and AS Level Accounting principles and procedures.
- Duration
- 1 hr
- Marks
- 30 Marks
Paper 2 — Structured Questions
Structured accounting questions requiring preparation of financial statements, ledger accounts, and written analysis of accounting concepts and transactions.
- Duration
- 1 hr 30 min
- Marks
- 90 Marks
A Level Exam Papers
Paper 3 — Multiple Choice
30 multiple choice questions covering the full AS and A Level Accounting syllabus — financial accounting, management accounting, and company accounts.
- Duration
- 1 hr
- Marks
- 30 Marks
Paper 4 — Problem Solving & Evaluation
Structured questions on A Level topics — company accounts, cash flow statements, ratio analysis, budgeting, costing, and investment appraisal — requiring both numerical work and written evaluation.
- Duration
- 3 hr
- Marks
- 40 Marks
Student Success Stories
"A Level Accounting at EDU-RADIATION was extraordinary. Cash flow statements, variance analysis, and investment appraisal (NPV, IRR) were taught with complete precision. The ratio analysis interpretation sessions were particularly impressive — not just calculating ratios but explaining what they mean for businesses. Achieved A*!"
Double entry bookkeeping, control accounts, and partnership appropriation accounts are notoriously tricky — EDU-RADIATION made every procedure logical and systematic. The step-by-step approach to preparing trial balances and financial statements removed all the confusion. Scored a strong A!"
"The management accounting section — marginal costing, budgetary control, and standard costing variances — was where EDU-RADIATION really stood out. Complex reconciliation statements became second nature. The Paper 4 written evaluation practice dramatically improved my marks on the discussion questions!"
Ready to Excel in A Level Accounting?
Join our expert Cambridge AS & A Level Accounting programme today!
