IGCSE

IGCSE Accounting

Learn About The Subject

IGCSE Accounting provides a foundational understanding of the core principles and practices of Accounting, the language of business. The course focuses on systematically recording, classifying, summarizing, and presenting financial information, helping students understand how businesses manage resources and measure operational efficiency through the double-entry bookkeeping system and basic financial statements.

Common Challenges When Learning IGCSE Accounting

Difficulty with double-entry bookkeeping: Understanding and accurately, consistently applying the principle of debit/credit for various economic transactions.
Challenge in preparing financial statements: Correctly formatting, fully and accurately presenting statements such as the Balance Sheet and Income Statement.
Requirement for calculation & accuracy: Demanding absolute care and meticulousness in performing calculations and processing accounting data.
Pressure to memorize principles & adjustments: Mastering generally accepted accounting principles and correctly performing year-end adjusting entries.

Course Content

Unit 1: The fundamentals of accounting

1.1: The purpose of accounting

1.2: The accounting equation

Unit 2: Sources and recording of data

2.1: The double entry system of book-keeping

2.2: Business documents

2.3: Books of prime entry

Unit 3: Verification of accounting records

3.1: The trial balance

3.2: Correction of errors

3.3: Bank reconciliation

3.4: Control accounts

Unit 4: Accounting procedures

4.1: Capital and revenue expenditure and receipts

4.2: Accounting for depreciation and disposal of non-current assets

4.3: Other payables and other receivables

4.4: Irrecoverable debts and provision for doubtful debts

4.5: Valuation of inventory

Unit 5: Preparation of financial statements

5.1: Sole traders

5.2: Partnerships

5.3: Limited companies

5.4: Clubs and societies

5.5: Manufacturing accounts

5.6: Incomplete records

Unit 6: Analysis and interpretation

6.1: Calculation and understanding of accounting ratios

6.2: Interpretation of accounting ratios

6.3: Inter-firm comparison

6.4: Interested parties

6.5: Limitations of accounting statements

Unit 7: Accounting principles and policies

7.1: Accounting principles

7.2: Accounting policies

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Competency Assessment

Identify strengths, weaknesses, and needs.

Set Learning Objectives

Set academic goals with a clear learning roadmap.

Create A Learning Path

Develop a detailed and structured study plan.

Implement And Optimize

Teachers provide close guidance and adapt flexibly to maximize learning outcomes.

MEET THE TEACHING TEAM

Dedicated Team Of Teachers Ready To Support Your Learning Journey

Tuan Nguyen

Teaches:

Curriculum:

Duy Nguyen

Teaches:

Curriculum:

Thuy Nguyen

Teaches:

Curriculum:

Tra Nguyen

Teaches:

Curriculum:

Tin Nguyen

Teaches:

Curriculum:

Hieu Pham

Teaches:

Curriculum:

Uyen Vu

Teaches:

Curriculum:

Carolina Rondon

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Choosing the right study package

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Condition / Feature	Standard	Premium	Platinum
🌟Target Score Commitment	❌	❌	✅
Worksheets and Lesson Notes	✅	✅	✅
In-class Exercises and Solutions	✅	✅	✅
Extra Homework	✅	✅	✅
Exam-style and Past Papers	✅	✅	✅
Question Bank	✅	✅	✅
Saturday Morning Homework Support	❌	✅	✅
Fixed Teacher	❌	✅	✅
Support for IA, EE, TOK	❌	✅	✅
After-hours Message Response (until 9:30 PM)	❌	✅	✅
Initial Teacher & Student Meeting (Welcome Meeting)	✅	✅	✅
Teacher & Parent Conference	❌	✅	✅
Periodic Academic Reports	✅	✅	✅
Teacher's Feedback and Evaluation After Each Class	✅	✅	✅
Rescheduling Policy (Notice within working hours)	24 hours	12 hours	06 hours
Exam Pass Commitment	✅	✅	✅

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IGCSE Accounting

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Frequently Asked Questions

Frequently Asked Questions About

IGCSE Accounting

Does IGCSE Accounting require strong mathematical skills?

The subject requires proficiency in basic arithmetic operations (addition, subtraction, multiplication, division, percentages) and the ability to work accurately and carefully with numbers. It does not demand complex mathematical knowledge like Calculus or advanced Algebra, but meticulousness and logic in calculations are very important.

How does IGCSE Accounting differ from IGCSE Business Studies or Economics?

IGCSE Accounting focuses specifically on the system of recording, classifying, summarizing, and reporting a business's financial information. Business Studies has a broader scope, including aspects like marketing, human resources, and operations. Economics studies macroeconomic and microeconomic principles, market operations, and the role of government on a larger scale.

Is the principle of double-entry bookkeeping difficult to understand and apply?

This is the most fundamental and important concept in accounting. Initially, it might seem somewhat abstract and requires time to become familiar with the logic of debits and credits. However, with systematic guidance, clear illustrative examples, and regular practice, students can fully master and proficiently apply this principle.

What are the benefits of studying IGCSE Accounting for university studies and career orientation?

Completing IGCSE Accounting provides a basic and solid understanding of how business finances operate – a valuable skill in many fields. It is an ideal foundation for those wishing to pursue majors such as Accounting, Auditing, Finance, Banking, Taxation, or Business Administration at university, and for professional accounting qualifications (like ACCA, CPA) later on.

Does Intertu Education offer trial classes for IGCSE Accounting?

Yes. Intertu Education offers Trial Classes for IGCSE Accounting. This is an excellent opportunity for you and your parents to directly experience our teaching methods, meet the teacher, and assess suitability before deciding to enroll in a full course. Please contact our counseling department for more information.

How is the tuition fee for the IGCSE Accounting course at Intertu calculated?

The tuition fee for IGCSE Accounting at Intertu Education depends on the study hour package and the level of support service (Standard, Premium, Platinum) that parents choose, to best meet specific learning needs and goals. To receive a detailed fee schedule and advice on the most suitable study package, please contact Intertu's counseling team directly.

IGCSE

IGCSE Accounting

Learn About The Subject

Common Challenges When Learning IGCSE Accounting

Course Content

Register For A Consultation With Our Experts

Personalized Learning Approach

Academic Pathway

Competency Assessment

Set Learning Objectives

Create A Learning Path

Implement And Optimize

MEET THE TEACHING TEAM

Dedicated Team Of Teachers Ready To Support Your Learning Journey

Tuan Nguyen

Duy Nguyen

Thuy Nguyen

Tra Nguyen

Tin Nguyen

Hieu Pham

Uyen Vu

Carolina Rondon

Choosing the right study package

Find The Optimal Academic Support Solution For You

Learn About Another Subject

Frequently Asked Questions

Frequently Asked Questions About

IGCSE Accounting

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