SUBJECT: ACCOUNTING
Teacher:

Mr Mbendi Mbungu (HOD)

Miss Radhika Ghelani

 Hours taught per week:

2 hours

 
Overview of KS4

In KS4, the Cambridge IGCSE Accounting syllabus aims to enable students to develop:

• knowledge and understanding of the principles and purposes of accounting for individuals, businesses, non-trading    organisations and society as a whole

• an understanding of accounting principles, policies, techniques, procedures and terminology

• improved skills of numeracy, literacy, communication, enquiry, presentation and interpretation

• improved accuracy, orderliness and the ability to think logically

• an excellent foundation for advanced study.
Topics taught in Year 10

 

  • The purpose of accounting
  • The double entry system of book keeping
  • Business Documents
  • Books of prime entry
  • The trial balance
  • Bank Reconciliation
  • Preparation of the Income Statement & SOFP for sole traders
  • Correction of errors
  • Accounting for depreciation and disposal of non-current assets.
  • Other payable and other receivables
  • Bad debts and provision for doubtful debts
 Topics taught in Year 11

 

  •  Control accounts
  •  Partnerships
  • Limited liability companies
  • Clubs and societies
  • Manufacturing accounts
  • Incomplete records
  • Analysis and interpretation