At a glance
- Cambridge code
- 9706
- Edexcel IAL units
- WAC11 and WAC12, 3 hours each
- AQA code
- 7127
- Biggest Cambridge paper
- Paper 2: 90 marks, 36% of A Level
- Grades
- A* to E
Cambridge International 9706 assessment
From the 9706 syllabus for exams in 2026, 2027 and 2028. Papers 1 and 2 are the AS Level.
| Paper | Format | Length and marks | Share of A Level |
|---|---|---|---|
| Paper 1 Multiple Choice | 30 questions on sections 1 and 2 of the content | 1 hour, 30 marks | 14% (28% of AS) |
| Paper 2 Fundamentals of Accounting | Four structured questions | 1 hour 45 minutes, 90 marks | 36% (72% of AS) |
| Paper 3 Financial Accounting | Three structured questions | 1 hour 30 minutes, 75 marks | 30% |
| Paper 4 Cost and Management Accounting | Two structured questions | 1 hour, 50 marks | 20% |
Entries in June and November.
Pearson Edexcel International A Level Accounting
| Unit | Format | Length and marks | Share of IAL |
|---|---|---|---|
| WAC11 Unit 1: The Accounting System and Costing | Two compulsory 55-mark questions, then three of four 30-mark questions, with a resource booklet | 3 hours, 200 marks | 50% (100% of IAS) |
| WAC12 Unit 2: Corporate and Management Accounting | Topics include limited companies, cash flow statements, budgeting, standard costing, project appraisal and break-even | 3 hours, 200 marks | 50% |
The specification lists January, June and October availability. An A* needs an A overall plus at least 90% of the uniform marks on Unit 2.
AQA A-level Accounting 7127
| Paper | Format | Length and marks | Share of A-level |
|---|---|---|---|
| Paper 1 | Section A: 10 multiple choice and short answers (30). Section B: two 20-mark structured questions. Section C: two 25-mark extended answers | 3 hours, 120 marks | 50% |
| Paper 2 | Same structure as Paper 1, focused on management accounting topics such as budgeting, costing and investment appraisal | 3 hours, 120 marks | 50% |
Both papers are sat in the same May/June series. Check which board your child's school enters before using AQA materials.
Where accounting marks are lost
Format errors are the most avoidable loss. Income statements, statements of financial position, cash flow statements and partnership appropriation accounts each have a required layout, headings and subtotals, and examiners award marks for them. Students who know the numbers but set them out loosely lose marks they should have.
Errors that carry through are the second problem. A wrong adjustment for depreciation or accruals early in a question changes every later figure. Mark schemes give follow-through credit in places, but only when working is shown. The third is written evaluation: questions often end with "advise the owner" or "assess whether", and students who have spent their time on the numbers write a one-line answer worth a fraction of the marks available.
How LiveTutor accounting lessons run
Lessons are 60 minutes, one to one, in LiveTutor's online classroom with video and a shared whiteboard, where tutor and student build T accounts and statements step by step. The tutor works from your child's board: Cambridge 9706 structured questions, the long multi-part questions of Edexcel's 3-hour units, or AQA's sectioned papers.
A typical lesson takes one past question, works the adjustments together, then has your child complete a similar question to time. The tutor marks layout, figures and the written part, and keeps a record of recurring errors. Timing matters especially for Edexcel, where each unit runs for 3 hours and students must pace 200 marks.
When to start
- Early Year 12 if your child did not take IGCSE or O Level Accounting, to learn double entry properly.
- Before the AS papers, especially Cambridge Paper 2, which carries 72% of the AS.
- Year 13, for financial and management accounting topics such as ratio analysis, budgeting and investment appraisal.
Common questions
Does my child need IGCSE Accounting first?
It helps but is not required by the boards. Students starting fresh need to learn double entry and the basic statements quickly. Some schools set their own entry requirements.
Is A-Level Accounting useful for an accounting or finance degree?
It gives a strong head start, though many universities do not require it and some prefer Maths. Check the course entry requirements.
Why does Edexcel IAL Accounting have only two units?
Pearson designed it as two long 3-hour papers of 200 marks each: Unit 1 for the International AS and Unit 2 to complete the International A Level.
How much do Accounting lessons cost?
$15 a lesson, the same for every subject and level, on a weekly plan of 1 to 5 lessons billed monthly. The first lesson is a free trial.
Can we get a tutor who teaches our exact syllabus?
Yes. Tell us the board and code when you book, for example Cambridge 9706, and we match a tutor who teaches it. Matching normally takes up to 24 hours.
Sources
Dates and figures on this page come from these official and published sources. Always confirm deadlines on the official page before acting on them.