Accounting is a service activity. It is one of the key functions for any business. Its aim is to provide quantitative financial information to a business. It also refers to the process of summarising, analysing and reporting financial transactions. The basic accounting functions are normally done by a book-keeper, while more detailed accounting is handled by a qualified accountant. The subject has both a theoretical and practical aspect.
The Intermediate level is assessed by a three-hour paper which includes financial accounting and cost and management accounting.
The Advanced level examination delves deeper in the subject and is divided into two papers of 3 hours each. Paper 1 deals with financial accounting while paper 2 includes cost and management accounting.
Both syllabi build on the SEC syllabus and seek to develop the students’ financial literacy, presentation and evaluative skills.
Students following the 18+ Individual Study Programme cannot choose first and second year concurrently unless they have studied the subject at Advanced level before.
Students joining GCHSS after the scholastic year has started can only choose Accounting if they have a basic knowledge of Accounts. A pass in Business Studies is not accepted.
|Advanced level||No previous knowledge is required||2-years||5 lessons per week||1 tutorial per week.|
|Intermediate level||No previous knowledge is required||2-years||3/4 lessons per week||N/A|
|Refresher||Students must have already sat for their A Level exam and would like to improve their grade||1-year||5 lessons per week||N/A|
Accounting cannot be taken with both Marketing and Economics
The teaching programme is supplemented by:
- Guest Speakers
Further Studies/ Career opportunities
• For B.Com. (Accountancy) (University of Malta) a pass in Accounts A level is compulsory, for other options within B.Com. having Accounts at A level is an asset.
• Institute of Tourism Studies
• Careers such as accounting technician & accounts clerk amongst others