Cambridge AssessmentInternational EducationSyllabusCambridge InternationalAS &A LevelAccounting 9706Use this syllabus for exams in 2026,2027 and 2028.Exams are available in the June and November series.Exams are also available in the March series in India.ProfitFinanceAccounting(TeamworkTechnologyOperationsVersion 1For the purposes of screen readers,any mention in this document of Cambridge IGCSECambridgerefers to Cambridge International General Certificate of Secondary Education.PathwayWhy choose Cambridge International?Cambridge Intemational prepares school students for life,helping them develop an informed curiosity and alasting passion for learning.We are part of the University of Cambridge.Our Cambridge Pathway gives students a clear path for educational success from age 5 to 19.Schools canshape the curriculum around how they want students to learn-with a wide range of subjects and flexible waysto offer them.It helps students discover new abilities and a wider world,and gives them the skills they need forlife,so they can achieve at school,university and work.Our programmes and qualifications set the global standard for intemnational education.They are created bysubject experts,are rooted in academic rigour and reflect the latest educational research.They provide astrong platform for students to progress from one stage to the next,and are well supported by teaching andlearning resources.Learn more about our research at www.cambridgeassessment.org.uk/our-research/We review all our syllabuses regularly,so they reflect the latest research evidence and professional teachingpractice-and take account of the different national contexts in which they are taught.We consult with teachers to help us design each syllabus around the needs of their learners.Consulting withleading universities has helped us make sure our syllabuses encourage students to master the key concepts inthe subject and develop the skills necessary for success in higher education.We believe education works best when curriculum,teaching,learning and assessment are closely aligned.Our programmes develop deep knowledge,conceptual understanding and higher-order thinking skills,toprepare students for their future.Together with schools,we develop Cambridge leamners who are confident,responsible,reflective,innovative and engaged-equipped for success in the moder world.Every year,nearly a million Cambridge students from 10000 schools in 160 countries prepare for their futurewith the Cambridge Pathway.School feedback:'We think the Cambridge curriculum is superb preparation for university.'Feedback from:Christoph Guttentag,Dean of Undergraduate Admissions,Duke University,USAQuality managementCambridge International is committed to providing exceptional quality.In line with this commitment,ourquality management system for the provision of intemational education programmes and qualificationsprogrammes for students aged 5 to 19 is independently certified as meeting the internationally recognisedstandard,ISO 9001:2015.Leamn more at www.cambridgeinternational.org/about-us/our-standards/Cambridge Assessment Intemational Education is part of Cambridge University Press Assessment.Cambridge University PressAssessment is a department of the University of Cambridge.Cambridge University Press Assessment retains the copyright on all its publications.Registered centres are pemmitted to copymaterial from this booklet for their own internal use.However,we cannot give pemmission to centres to photocopy any material that isacknowledged to a third party even for internal use within a centre.ContentsWhy choose Cambridge International?21 Why choose this syllabus?.....................2 Syllabus overview.8Aims8Content overview9Assessment overview10Assessment objectives113 Subject content......12AS Level content12A Level content20Appendix-Summary of commonly used ratios (AS A Level)284 Details of the assessment.....31Paper 1-Multiple Choice31Paper 2-Fundamentals of Accounting31Paper 3-Financial Accounting32Paper 4-Cost and Management Accounting32Command words335 What else you need to know.34Before you start34Making entries35Accessibility and equality36After the exam37How students,teachers and higher education can use the grades38Changes to this syllabus for 2026,2027 and 202839Important:Changes to this syllabusThe latest syllabus is version 1,published September 2023.There are no significant changes which affectteaching.Any textbooks endorsed to support the syllabus for examination from 2023 are still suitable for use with thissyllabus.