Promoting Accounting as Leaving Certificate Subject

Accounting as a Subject Most practical of the senior cycle business subjects. A hard working student has a great opportunity to achieve in this subject. Many possibilities to pursue accounting as a career. All companies need an accountant. Qualifications can be carried worldwide. The results are usually quite high compared to other subjects.

Leaving Certificate Accounting Statistics 2017 No. of students Percentage of H1/O1’s H1 – 6.9% O1 – 7.9% Percentage of H1-H4 HL – 71% OL – 55% HL OL Overall 2017 5379 1525 6,904 2016 4,867 1,759 6,626 Increase 278

Breakdown of Grades Accounting 2016

Comparison 2017 Accounting Engineering % of H1+H2’s 33.1% 21.6%

CAO Points Scheme Grade Higher Ordinary H1 100 H2 88 H3 77 H4 66 H5 56 46 O2 H7 37 O3 H8 O4 28 O5 20 O6 O7 O8

While the Junior Certificate Business Studies Course provides a foundation for Accounting, it is not essential and it is possible to take it up at senior cycle. The Accounting course is numerically based but theory and procedures are also covered. The course offers a hard working student a real possibility of high grades.

Leaving Certificate Accounting Curriculum It is concerned with the preparation, recording, extraction, presentation and analysis of financial information for the purpose of making economic decisions. It covers aspects of business and social life which are not dealt with in any other subject. There are two main strands financial & management accounting. With management accounting pupils will learn how to analyse business costs and prepare budgets.

SAMPLE OF Topics covered Financial Statements preparation Club Accounts Company Accounts Manufacturing Accounts Break-even Analysis Accounting Theory and Principles Farm Accounts Interpretation of financial statements Costing Budgeting

Exam Structure Accounting subject is examined at both Higher and Ordinary level. Both involve one three hour exam. The exam paper is made up of three sections: Sections 1 & 2 – Financial Accounting Section 3 – Management Accounting. Questions must be answered from all sections of the exam paper.

Discussing the structure of the paper can be an advantage. Q1 – a final account Interpretation of accounts regularly examined Management accounting – one question out of two

Careers Accounting is a dynamic and challenging career that can take you to the height of your abilities. Accountancy is a recognised qualification that can be used abroad. Accountants can work in a wide variety of finance roles for many types of organisations, including manufacturing companies, local and central government, the health service, banks and insurance companies, actuarial science, marketing and private accountancy firms. It would also be an important subject choice for those thinking of starting their own business.

Choose Accounting