Leaving Cert Accounting
NCCA Link here
Subject Content
Accounting is a business studies option within the Leaving Certificate programme. It covers aspects of business and social life which are not dealt with in any other subject in that programme. It is concerned with the preparation, recording, extraction, presentation and analysis of financial information for the purpose of making economic decisions. The course also involves a Management Accounting section where the student will learn how to analyse business costs and how to prepare budgets.
Topics covered include:
Financial Statements Preparation
Farm Accounts
Club Accounts
Company Accounts
Manufacturing Accounts
Financial Statements Analysis and Interpretation
Budgeting
Break-even Analysis
Cost Classification
Accounting Theory and Principles
Exam Structure
The subject is examined at higher and ordinary level. Both levels involve one exam of three hours duration and the total marks attainable are 400. The exam paper is made up of three sections, the first two are based on the Financial Accounting section of the course and the third covers the Management Accounting section. Questions must be answered from all sections of the exam paper.
The three sections of the exam paper are:
Section 1 – Financial Accounting
This section has four questions (1-4) and accounts for 120 marks. Students may answer question 1 or any two other questions.
Question 1 120 marks
Question 2, 3, 4 60 marks each
Section 2 – Financial Accounting
This section has three questions (5-7) and accounts for 200 marks.
Students must answer any two questions.
Questions 5,6,7 100 marks each
Section 3 – Management Accounting
This section has two questions (8 and 9) and accounts for 80 marks.
Students must answer one question.
Questions 8 and 9 80 marks each
Will Accounting suit me?
The course is numerically based but theory and procedures must be learned also. While the student needs to be comfortable with numbers he or she does not need to be at higher maths level. While the Junior Certificate Business Studies Course provides a foundation for this course, it is not essential and it is possible to take it up at senior cycle. This course offers a hard working student the real possibility of high grades because of the unambiguous nature of the questions. An organised student with a liking for order will be particularly suited to this course.
Accounting is a business studies option within the Leaving Certificate programme. It covers aspects of business and social life which are not dealt with in any other subject in that programme. It is concerned with the preparation, recording, extraction, presentation and analysis of financial information for the purpose of making economic decisions. The course also involves a Management Accounting section where the student will learn how to analyse business costs and how to prepare budgets.
Topics covered include:
Financial Statements Preparation
Farm Accounts
Club Accounts
Company Accounts
Manufacturing Accounts
Financial Statements Analysis and Interpretation
Budgeting
Break-even Analysis
Cost Classification
Accounting Theory and Principles
Exam Structure
The subject is examined at higher and ordinary level. Both levels involve one exam of three hours duration and the total marks attainable are 400. The exam paper is made up of three sections, the first two are based on the Financial Accounting section of the course and the third covers the Management Accounting section. Questions must be answered from all sections of the exam paper.
The three sections of the exam paper are:
Section 1 – Financial Accounting
This section has four questions (1-4) and accounts for 120 marks. Students may answer question 1 or any two other questions.
Question 1 120 marks
Question 2, 3, 4 60 marks each
Section 2 – Financial Accounting
This section has three questions (5-7) and accounts for 200 marks.
Students must answer any two questions.
Questions 5,6,7 100 marks each
Section 3 – Management Accounting
This section has two questions (8 and 9) and accounts for 80 marks.
Students must answer one question.
Questions 8 and 9 80 marks each
Will Accounting suit me?
The course is numerically based but theory and procedures must be learned also. While the student needs to be comfortable with numbers he or she does not need to be at higher maths level. While the Junior Certificate Business Studies Course provides a foundation for this course, it is not essential and it is possible to take it up at senior cycle. This course offers a hard working student the real possibility of high grades because of the unambiguous nature of the questions. An organised student with a liking for order will be particularly suited to this course.
