Subject Intent: Why Accounting?
What will I study?
The course covers the basic principles of accounting right through to advanced considerations such as ethics in accounting.
- The role of the accountant.
- The key elements of the foundation of accounting and 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.
Please note: Subject videos have been filmed from colleges across our Trust.
What are lessons like in this subject?
Studying Accounting will allow you to develop your financial acumen that can support a wide number of careers, from working with local government where you will have to manage budgets, to working in technology where you will have to appraise the value of projects and infrastructure, to working in banking, finance, insurance and becoming a professional accountant. With accounting skills, you could end up working in just about any area you choose. Did you know that 46% of the most successful companies in the world are run and managed by accountants? You will develop the knowledge and skills that will help you to assess the performance of all types of business organisations, and analyse and evaluate financial data so that you can make judgements, decisions and recommendations about how a business manages their financial affairs.
This course is very technical and anybody who loves being organised will love this subject. When completing a question or understanding a topic it’s very satisfying and very challenging at the same time.
Anna Gowland, Carleton High School