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Subject Intent: Why Accounting?

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.

Why should I study this subject?

Accounting is an interesting and challenging subject which gives you an insight into the knowledge, processes and techniques needed to produce financial and management accounts, and the role and importance of accounting in business decision-making. The course will be of interest to anyone who is thinking of a career in accounting and want to take their first step, people who enjoy maths and want to link it to real world situations, or simply if you just want to know more.

What will I study?
The course covers the basic principles of accounting right through to advanced considerations such as Ethics in Accounting.

Topics include:

• The role of the accountant

• The key elements of the foundation of accounting -double-entry book-keeping

• The preparation, analysis and evaluation of financial statements, including how to use ratio analysis to compare the performance of businesses and wider considerations

• Accounting for sole traders and partnerships

I enjoy studying accounting as it gives a deeper understanding into the financial world we live in. It gives an insight into how businesses adapt and climatise to changes and challenges in real world scenarios. It gives you a new perspective on monetary value and you gain various, crucial problem solving skills.

Abigail Rodgers – The Hayfield School

What are the entry requirements?
Please refer to our Course Specific Entry Requirements table here