Course

Credit Type:

Exam

ACE ID:

CAIE-0031

Version:

Organization's ID:

Accounting 9706

Organization:

Cambridge International Education

Location:

Internationally

Length:

2.75 hours (AS Level); 2.5 hours (A Level)

ACE Credit Recommendation Period:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Lower-Division Baccalaureate	3	Introduction to Financial Accounting
Lower-Division Baccalaureate	3	Introduction to Managerial Accounting

Credit is recommended for examinees scoring "E" or higher on either AS or A Level Exams. This exhibit is being recommended for a total of six semester hours for examinees who complete both the AS and A level exams. For examinees completing the AS level exam only, three semester hours Introduction to Financial Accounting is recommended.

Description

Objective:

At the AS Level, the Accounting exam consists of two papers, comprised of multiple-choice items (Paper 1) and four structured questions (Paper 2). Both exams measure candidates’ knowledge and understanding financial accounting and cost and management accounting as well as their ability to apply this knowledge to analyze and evaluate real-world situations. They are expected to justify their recommendations or decision.

At the A Level, students take an additional two Papers going more deeply into financial accounting and cost and management accounting. These are structured questions requiring use of source materials and common accounting formulae.

At both Levels, students should use international accounting terminology and formats as appropriate.

Marks from Papers 1 & 2 are carried forward and combined with Papers 3 & 4 to comprise the complete A Level.

Skills Measured:

The assessment objectives (AOs) are: 1) demonstrate knowledge and understanding of facts, terms, concepts, policies, procedures and techniques relating to financial accounting and cost and management accounting, and apply this knowledge and understanding to a variety of accounting situations and problems, and present outcomes in the most appropriate form; 2) analyze financial accounting information and cost and management accounting information, select, calculate and interpret relevant data and information, and communicate outcomes in the most appropriate form; 3) evaluate financial accounting information and cost and management accounting information to make informed recommendations and decisions, and make judgements and draw conclusions based on financial and non-financial data.

Instruction & Assessment

Supplemental Materials

Equivalencies

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