International GCSE Accounting

The International GCSE Accounting course introduces students to the theory and concepts of accounting and the ways accounting is used in many modern economic and business contexts. Students focus on the skills of recording, reporting, presenting and interpreting financial information, and build the ideal foundation for studying further and for a future career within the profession.

This includes fundamentals of accounting; sources and recording of data; verification of accounting records; accounting procedures; preparation of financial statements; analysis and interpretation, and accounting principles and policies.

This accounting course covers the following topics:

• The Purpose of Accounting
• Doubly Entry Bookkeeping
• The Trial Balance
• Double Entry Continued
• Petty Cash Book
• Business Documents
• Books of Prime Entry
• Income Statement
• The Statement of Financial Position
• Accounting Principles and Policies
• Other Payables and Other Receivables
• Depreciation
• Disposal of Fixed Assets
• Bad Debts and Provision for Doubtful Debts
• Bank Reconciliation Statements
• Journal Entries and Correction of Errors
• Control Accounts
• Incomplete Records
• Clubs and Societies
• Partnership Accounts
• Manufacturing Accounts
• Limited Company Accounts
• Analysis and Interpretation