PearsonEdexcelInternational GCSEAccounting (9-1)(Modular)SpecificationPearson Edexcel International GCSE in Accounting (4XAC1)(Modular)First teaching September 2023First examination June 2024First certification August 2025Issue 1About PearsonWe are the world's leading learning company operating in countries all around the world.We provide content,assessment and digital services to learners,educational institutions,employers,governments and other partners globally.We are committed to helping equiplearners with the skills they need to enhance their employability prospects and to succeedin the changing world of work.We believe that wherever learning flourishes so do people.References to third party materials made in this specification are made in good faith.Pearsondoes not endorse,approve or accept responsibility for the content of materials,which may besubject to change,or any opinions expressed therein.(Materials may include textbooks,journals,magazines and other publications and websites.)All information in this specification is correct at time of publication.Publication code:GQ000007All the material in this publication is copyrightPearson Education Limited 2023Contents1About this specification1Why choose Pearson Edexcel qualifications?3Why choose Pearson Edexcel International GCSE in Accounting(Modular)?4Supporting you in planning and implementing this qualification52Qualification at a glance63Accounting content9Unit 1:Introduction to Bookkeeping and Accounting11Unit 2:Financial Statements16Assessment information195Administration and general information21Entries21Access arrangements,reasonable adjustments,special consideration and malpractice21Awarding and reporting24Learner recruitment and progression24Appendices25Appendix 1:Codes27Appendix 2:Transferable skills28Appendix 3:Glossary30Appendix 4:Glossary of International Accounting Standardsterminology31