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Edexcel 4AC1

Paper 1: Introduction to Bookkeeping and Accounting

Edexcel 4AC1 Paper 1 lasts 2 hours and carries 100 marks, which is 66.6% of the qualification.

Structure at a glance

Paper 1: Introduction to Bookkeeping and Accounting: structure
4AC1 (linear), Paper 14XAC1 (modular), Unit 1
TitlePaper 1: Introduction to Bookkeeping and Accounting (paper code 4AC1/01)Unit 1: Introduction to Bookkeeping and Accounting (unit code 4WAC1/01)
Duration2 hours2 hours
Marks100 marks100 marks
Weighting66.6% of the qualification66.6% of the qualification
ContentTopic 1 The accounting environment, Topic 2 Introduction to bookkeeping, Topic 3 Introduction to control processesNot stated in this document
Section ASection A: ten 1-mark multiple-choice questions and three short-answer questions worth 5 marks each (25 marks)Not stated in this document
Section BSection B: five multi-part questions worth 15 marks each (75 marks)Not stated in this document
Assessment objectivesAddresses all three assessment objectivesNot stated in this document

Sources: Pearson Edexcel International GCSE in Accounting (4AC1) specification (FT Sept 2017) (Issue 1, October 2016), pages 6, 25; Pearson Edexcel International GCSE in Accounting (Modular) specification (FT Sept 2023) (Issue 1, August 2023), page 6. See all sources.

What this paper tests

Paper 1 draws only from Topics 1 to 3, so it tests the accounting environment, the recording system and the control processes. It is the larger paper at 100 marks and two thirds of the qualification, and it addresses all three assessment objectives. Its mix of multiple-choice, short and long answers means students need both quick recall and sustained working.

Content it draws on, with our guide to each part:

How our teachers prepare students for it

Our teachers use Section A as a warm-up and a scoring opportunity: ten multiple-choice marks and three five-mark short answers are 25 marks that reward precise definitions. We practise writing those short answers in a fixed shape of one idea, one reason and one example, because five marks is rarely more than that.

Section B is five 15-mark multi-part questions, so a student can expect to prepare ledgers, books of original entry, reconciliations and control accounts at length. The specification asks students to prepare documents such as a remittance advice and a petty cash voucher. That is a different skill from knowing what they are, so we practise setting them out.

A suggested time plan (our suggestion)

The board does not set a timetable inside the paper. As a starting point we hold back 10 minutes for checking, which leaves 110 of the 120 minutes for answering, or about 1.10 minutes for each mark. Adjust it to the student: if the multiple-choice and short answers come quickly, bank that time for the five 15-mark questions in Section B.

Suggested minutes by part
Part of the paperMarksSuggested time
Section A: ten 1-mark multiple-choice questions1011 minutes
Section A: three 5-mark short-answer questions1517 minutes
Section B: five 15-mark multi-part questions7583 minutes

Computed from the duration and marks above. It is our own rule of thumb, not a board recommendation.

If your child makes these slips under timed conditions, a teacher can mark a timed attempt at this paper and show where the minutes and marks go. Book a trial class.

Related

Edexcel 4AC1 Paper 1: questions

Which topics are in Paper 1?
Topics 1 to 3: the accounting environment, introduction to bookkeeping and introduction to control processes.
What is the same for the modular Unit 1?
The modular specification gives Unit 1 the same content, duration of 2 hours and mark total of 100, with the same Section A and Section B structure.
How many marks is Section B?
Section B is five multi-part questions worth 15 marks each, 75 marks in all.

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The trial class works through Pearson Edexcel International GCSE Accounting questions with a teacher, so you see how the paper is approached. One-to-one and online, from RM75/hr.

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