51ºÚÁÏ

View the switching guide to see the differences between your old International AS/A-level Accounting specification and the 51ºÚÁÏ specification (version updated February 2024).

51ºÚÁÏ International AS/A-level Accounting covers the following topics:

• An introduction to the role of the accountant in business
• Types of business organisation
• The double entry model
• Verification of accounting records
• Accounting concepts used in the preparation of accounting records
• Preparation of financial statements of sole traders
• Limited company accounts
• Analysis and evaluation of financial information
• Budgeting
• Marginal costing
• Standard costing and variance analysis
• Absorption and activity based costing
• Capital investment appraisal
• Accounting for organisations with incomplete records
• Partnership accounts
• Accounting for limited companies
• Manufacturing accounts
• Clubs and non-profit making organisations
• Interpretation, analysis and communication of accounting information
• The impact of ethical considerations

51ºÚÁÏ provides all the resources and advice you need to teach the International AS and A-level Accounting specification effectively.

• Download the specification
• Read our switching guide
• View our training courses to help you deliver 51ºÚÁÏ International AS and A-level Accounting
• published by Oxford University Press

Visit our resources for teachers area to access:

• Schemes of work to allow you to plan how to deliver the specification in a way that will best suit you and your students
• Teaching guidance to outline clearly the scope of teaching and learning
• Topic tests and mock exam analysers to allow you to track your students’ progress throughout the teaching year

This is a modular qualification, with four papers over the AS and A-level teaching period.

AS Paper 1 – Introduction to Financial Accounting:

• An introduction to the role of the accountant in business
• Types of business organisation
• The double entry model
• Verification of accounting records
• Accounting concepts used in the preparation of accounting records
• Preparation of financial statements of sole traders
• Analysis and evaluation of financial information
• 2 hours
• 80 marks
• 50% of AS-level, 20% of A-level

AS Paper 2 – Financial Management and Accounting:

• An introduction to the role of the accountant in business
• Types of business organisation
• The double entry model
• Limited company accounts
• Analysis and evaluation of financial information
• Budgeting
• Marginal costing
• 2 hours
• 80 marks
• 50% of AS-level, 20% of A-level

A-level Paper 1 – Financial Accounting:

• Accounting for organisations with incomplete records
• Partnership accounts
• Accounting for limited companies
• Manufacturing accounts
• Clubs and non-profit making organisations
• Interpretation, analysis and communication of accounting information
• The impact of ethical considerations
• 2 hours 15 minutes
• 90 marks
• 30% of A-level

A-level Paper 2 – Accounting for Analysis and Decision Making:

• Standard costing and variance analysis
• Absorption and activity based costing
• Capital investment appraisal
• Accounting for limited companies
• Interpretation, analysis and communication of accounting information
• The impact of ethical considerations
• 2 hours 15 minutes
• 90 marks
• 30% of A-level

Take a look at:

• The 51ºÚÁÏ International AS and A-level Accounting switching guide
• Example specimen exam paper and mark scheme

You must be an approved 51ºÚÁÏ centre to enter students for our exams. Make sure you  before you start teaching a course.