Commercials
Cambridge AS & A Level Accounting
Syllabus topics
53 topics and subtopics in the 2026-2028 syllabus, examined from 1 Jan 2026.
ASAS Level subject content (topics 1.1-2.2)
Assessed by Papers 1 and 2 and assumed knowledge for Papers 3 and 4.
AA Level subject content (topics 3.1-4.4)
A Level only: Paper 3 (section 3) and Paper 4 (section 4), with the AS content assumed.
About this syllabus
Cambridge International AS & A Level Accounting (9706) is a two-stage course. The AS Level content (topics 1.1-2.2) covers business entities and their finance, the accounting system and accounting concepts, non-current assets and depreciation, reconciliation and verification (errors and suspense accounts, bank reconciliations, control accounts), financial statements of sole traders, partnerships and limited companies, ratio analysis and users of accounting information, and costs, absorption costing, marginal costing and cost-volume-profit analysis. The A Level content (topics 3.1-4.4) adds partnership changes, clubs and societies, manufacturing accounts, company statements including cash flows, regulation, ethics and auditing, business acquisition and merger, computerised systems, investment ratios, activity based costing, standard costing, budgeting and investment appraisal.
How you are assessed
AS Level candidates take Paper 1 Multiple Choice (1 hour, 30 marks) and Paper 2 Fundamentals of Accounting (1 hour 45 minutes, 90 marks, four structured questions). A Level candidates also take Paper 3 Financial Accounting (1 hour 30 minutes, 75 marks, three structured questions) and Paper 4 Cost and Management Accounting (1 hour, 50 marks, two structured questions), in the same series or a later one, carrying forward their AS result.
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