GCSE and IGCE Accounting Tuition in London
Never call an accountant a credit to his profession, a good accountant is a debit to his profession.
Tutor House provides professional tutors with years of experience, who are experts in the subjects they teach. Our friendly tutors make sure that they provide comprehensive, thorough and interesting GCSE Accounting Tuition that will engage and motivate students, and help them to gain their desired results.
Accounting involves recording, classifying, and reporting on the financial transactions of a business. It is imperative for businesses to have a thorough and clear understanding of their financial status – and that’s where Accountants come in.
Through studying Accounting, students will learn how to accurately record different financial transactions both repetitive and one-off, classifying these transactions according to their nature in general and sub ledgers, and undertaking extensive reporting on different areas, such as Financial accounting and Management accounting.
Breakdown of the core Accounting GCSE content:
The main areas covered in an Accountancy GCSE are:
- Books of original entry
- The ledger
- Trading account, profit and loss account, balance sheet of a sole trader
- Incomplete records
- Non-profit-making organisations
- Manufacturing accounts
- Limited companies
- Analysis and interpretation of accounts
Why is it worth studying GCSE Accounting?
Accounting provides information for decision making. Almost every business and organisation that exists requires accountants to enable them to measure financial performance which will influence their decision making and operation. Studying Accounting means students can also gain valuable insight into managing their own financial and tax affairs too.
Benefits of studying Accounting GCSE & iGCSE
Studying Accounting means that students will have a firm grasp when it comes to the management of their own income and expenses. It can lead to a diverse, interesting, rewarding and lucrative career, as there are a huge number of different businesses and organisations that need Accountants to work for them.
Studying Accounting at GCSE gives students a fantastic basis for further study at A-Level and degree level, and becoming a qualified Accountant opens up a huge number of doors in a variety of businesses. In fact, many CEO’s/CFO’s of major public limited companies are ACA qualified as this enables them to thoroughly understand their own companies performance in board meetings.