Cambridge IGCSE Accounting

 Monthly                                                                       Price:15,000

                                                                                      12,000 

Cambridge IGCSE Accounting

The Cambridge IGCSE Accounting course provides students with a solid foundation in the principles of accounting and its application in real-world business scenarios. It emphasizes both theoretical understanding and practical skills, enabling learners to record, analyze, and interpret financial data effectively. This course is ideal for students looking to pursue careers in finance, business, or entrepreneurship, or for those seeking to develop essential life skills in financial management.

What you’ll learn

At the end of this course, you will have covered every topic you need to blitz the IGCSE exams

Course Content:

Introduction to Accounting

What is Accounting?
Importance of Accounting in Business
Users of accounting information
Differences between financial and management accounting
Overview of IGCSE Accounting syllabus and assessment objectives

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2. The Fundamentals of Accounting

2.1 The Accounting Equation and the Double-Entry System

Accounting equation: Assets = Capital + Liabilities
Principles of double-entry bookkeeping
Ledger accounts (debits and credits)
Balancing accounts

2.2 The Trial Balance

Purpose of a trial balance
Preparation of a trial balance
Identifying errors that affect and do not affect the trial balance

2.3 Business Documents

Types of source documents (invoices, credit notes, receipts, bank statements)
Use of source documents in accounting

2.4 Books of Prime Entry

The cash book
Petty cash book and the imprest system
Sales journal, purchases journal, and returns journals

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3. Financial Statements

3.1 Income Statement

Purpose of an income statement
Calculating gross profit, net profit, and expenses
Preparing income statements for sole traders

3.2 Statement of Financial Position (Balance Sheet)

Purpose of the statement of financial position
Classifying assets and liabilities (current and non-current)
Preparing the statement of financial position

3.3 Adjustments

Accruals and prepayments
Provision for depreciation (straight-line and reducing balance methods)
Bad debts and provision for doubtful debts

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4. Accounting for Different Entities

4.1 Accounting for Sole Traders

Capital and drawings
Maintaining separate accounts for personal and business finances

4.2 Partnerships

Features of partnerships
Sharing profits and preparing capital/current accounts
Preparation of partnership financial statements

4.3 Non-Profit Organizations

Features of non-profit organizations
Receipts and payments accounts
Income and expenditure accounts

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5. Managing Financial Information

5.1 Bank Reconciliation

• Purpose of bank reconciliation statements
• Identifying discrepancies between the cash book and bank statement
• Preparing a bank reconciliation statement

5.2 Control Accounts

Purpose of control accounts (sales and purchases ledgers)
Preparing and interpreting control accounts

5.3 Payroll Accounting

Understanding wages, salaries, and deductions (tax, pensions, etc.)
Preparation of payroll records

5.4 Accounting Ratios

Profitability ratios (gross profit margin, net profit margin)
Liquidity ratios (current ratio, quick ratio)
Interpretation and application of ratios

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6. Errors and Corrections

Types of errors (e.g., omission, commission, principle, compensating errors)
Preparing suspense accounts
Correcting errors through journal entries

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7. Exam Preparation

Overview of exam structure: Paper 1 (multiple-choice) and Paper 2 (structured questions)
Practice with past papers and mark schemes
Exam techniques: time management, understanding questions, showing workings
Common mistakes to avoid in exams

WHY IGCSE Course from OMNI?

Your Child’s Homeschooling Courses Will Include

• Access to Class recordings.
• Assignments for your child to complete at regular intervals throughout the course.
• A regular test schedule with feedback and reports from the tutor and Academic heads.
• A student coordinator who will cater to your day-to-day queries.
• An academic coordinator/program officer who will guide your child through the academics and monitor the progress of your child.

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International Student Tuition Fee: 300 SAR | 80 USD (Per Month/ Per Course)

NOTE: If you have more than one child, you will need to work out the fees for each child individually. Our program officer will guide you further, please fill out the inquiry form below (with your comments – if any).

Course Duration	Fee Per Month	Total Fee (USD)	Total Fee (SAR)
2 Months	80 UDS	160 USD	600 SAR
3 Months	80 UDS	240 USD	900 SAR
4 Months	80 UDS	320 USD	1200 SAR
5 Months	80 UDS	400 USD	1500 SAR
6 Months	80 UDS	480 USD	1800 SAR

IMPORTANT

Clearly describe the course level your child will be studying at.
Select the subjects your child will be studying.
Siblings fee concession up to 15%.
A monthly Fee payment option is available (as per your selected course duration).

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What you need to know before taking IGCSE exams (IGCSE & O Level)

Firstly, A-level exams are 3 hours long and cover about 10 A-Level/IGCSE subject areas. A-levels are usually taken in year 13 of secondary school, but they can be taken at any time. IGCSE exam information

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