Depending upon the profession you want to enter you will need to have a different A-level. Your A-levels are the main factor for you to get into graduate school and therefore you need to have the best A-levels for yourself. What if you want to become an Accountant? Which A-levels you will need?
Every university will be having its own requirements. Of course, the most common will be A-level accountancy. Further, we have discussed other requirements as well, but let us first learn about being an accountant.
What is an accountant?
An accountant is a professional who keeps a record of all the financial transactions within the organization. As an accountant, you will be responsible for issuing the invoice to the customers of the organization as well as getting the invoice from the supplier. You will be dealing with all the bank-related work like checking out the bank statements. In addition to it, you will be creating various financial reports like creating financial statements, tax reports, management reports, etc. You may also be working closely with the warehousing team. In some places, you may also need to have a CFA level 1 exam.
What A-Levels do you need to become an accountant?
The account is a subject that is tough and exciting at the same time. To become an accountant or lawyer, you will need to have knowledge related to this subject and therefore it is important to choose the right A-levels for it. Though each university will have its own requirement for A-level and you must also know if A-levels are harder than the university or not. Following are the A-levels that are commonly required for getting into the university-
- A-level accountancy
- A-Level Business Studies
- A-Level Economics
- A-Level Math
- A-Level Further Math
- A-Level Science
What GCSEs do you need to be an accountant?
As A-levels are important to get into a good university for becoming an accountant, it is important to have the right GCSEs as the GCSE helps to understand the basic concepts of the subjects. Therefore choosing the right GCSE will help you to make a strong base on your understanding of the concepts. You must choose math and English as your GCSE, but along with that try to take up some traditional subjects like accountancy, economics, etc.
Do accountants make good money?
The average annual salary of the Accountant in the UK is around £33,893. The minimum annual average salary of an accountant in the UK is about £23,957 and the maximum annual average salary is around £64,005. Although your salary will vary with the area where you live.
Is it hard to get an accounting job?
Yes, at times you may find it hard to get your accounting job. Obviously, every employer looks for the best candidate for their organization. Therefore you may find it difficult to get your first job. You will need to have the relevant skills to get the job. Having experience in accounting can help you to get into an accounting job.
Is Accounting A-level hard?
Accounting A-level is a hard subject as it will help you to develop interpretation skills and quantitative data analysis. You can study financial and management accounting. It will help you to learn the basic concepts of accounting which include bookkeeping, creating financial statements, etc. An important skill that you may also learn about is budgeting and will also help to learn important rules of accounting.
Do you need A-level math for accounting?
This is not a compulsory subject if you are looking for a career in the accounting industry. Although if you are thinking of taking 4 A-levels, you can think of taking math. It will help to show your university that you are capable of taking tough subjects. However there is very little math in accounting, therefore it is not necessary for you to take it. If you are not good with mathematical concepts you must not take it as your A-level. It is because A-level math involves the understanding of very hard concepts of math.
What is the best combination of A-levels for becoming an accountant?
To become an accountant the best possible combination of A-level is Accountancy, Business management, and economics.
- A-level accounting will help you to know the basics of accounting. It will help you to know different concepts including how to make a financial statement, tax statements, etc. Also having A-level accountancy is one of the main requirements of most universities when you want to enter an accountant-related program.
- A-level economics will help you to understand the basics of how the economy works. It will help you to get an understanding of different types of markets and will also help you to know how the economic principles work with accounting.
- A-level business management is the course that will help you to know basic concepts of marketing, management of organization, leadership, etc.
The combination of these three subjects will help you if you want to become an accountant. However, every university has its own eligibility criteria and thus you must see which are the necessary A-levels for getting admission into a particular University.
What is the difference between accountancy and bookkeeping?
Record daily financial transactions such as receipts, sales, payments, etc are the main role of bookkeeping. Bookkeeping is basically when you record each day. One of the key elements of bookkeeping is keeping a general ledger. A bookkeeper enters the sums from sale and expense receipts in the general ledger. It is generally known as posting.
Whereas, accounting offers more individualized financial insights to the business owners which is based on the information gained from the bookkeeping data. Analyzing financial reports to help in corporate decision-making is an important step in the accounting process. As a result, you have a greater grasp of your company’s true profitability and cash flow.
An accountant is a person who looks into your financial statements and maintains your accounting books. To become an accountant you will need to have A-levels in accounting, economics, business management, or English. Although you must remember that an accountant is not the same as a bookkeeper.
- Updated Duolingo Character Names 2023 (Complete Guide) - March 29, 2023
- How to Use Duolingo Offline in 2023 (Step-by-Step Guide) - March 29, 2023
- Duolingo Plus Honest Review (2023) – Is the Premium Membership Worth it? - March 29, 2023