Intermediate 2 Accounting
Topics Taught
S3 Syllabus
Management Unit
- Cash Budgets
- Break Even Analysis
- Overhead Apportionment & Job Costing
- Decision Making – profit maximisation
- Wages & Salaries
- Stock
Financial Unit
- Plcs
- Business Documents
- Accounting Theory
S4 Syllabus
Management Unit
- Service Costing
- Accounting Theory
- Process Costing
Financial Unit
- Ledgers
- Partnerships
- Club Accounts
- Manufacturing
- Bank Reconciliation Statements
- Ratio Analysis
Homework
Homework consists of approximately 1 - 2 hours per week, divided between background reading (theory only) and practical tasks. Approximately every fortnight a larger piece of work will have to be submitted – this will become weekly after the Christmas break.
Assessments (Internal and External)
Integrated tests will be issued throughout S3 and S4 to prepare pupils for the prelim and final exams. The assessment of this course consists of 2 large internal unit assessments, which will be broken down into 4 manageably-sized assessments, one of which will be on the computer using spreadsheets. The final exam is a written exam consisting of computational tasks and essays questions.