V Level Accounting and Finance

Applications Open - 1st November 2026

Applications Close - 12th February 2027

Entry Requirements - Please refer to the Sixth Form Course Directory via the website www.knoleacademy.org

Option blocks and detailed subject information can be found in our course directory on our website www.knoleacademy.org

How to Apply - Via Kent Choices https://www.kentprospectus.co.uk/login

Level 3 Courses - select a minimum of 3 courses to study

Level 2 Courses - select 1 course only as each course is studied on a full time basis.

The V Level in Accounting and Finance provides students with a broad and practical understanding of how financial information is used within organisations. The course is designed around real-world business and financial scenarios, helping students develop the knowledge, skills and behaviours required for further study and employment in accounting, finance, business and related sectors.

Students will learn how organisations record, interpret and use financial information to make decisions, assess performance and meet legal and ethical responsibilities. The qualification combines academic study with applied learning, enabling students to analyse and evaluate financial information in realistic workplace contexts.

Unit 1: Financial Information and Business Performance

Students will learn:

• Financial statements and key accounting concepts

• Revenue, costs, profit and cash flow

• Financial performance and ratio analysis

• Budgeting and variance analysis

• Financial trends and business decision-making

• Analysing organisational performance.

Unit 2: Financial Decision Making

Students will study:

• Budgeting and financial planning

• Fixed, variable and semi-variable costs

• Contribution and break-even analysis

• Investment appraisal techniques

• Risk and uncertainty in financial decisions

• Sustainability and ESG considerations

• Financial and non-financial influences on decision making

Unit 3: Ethics, Governance and Communication

Students will explore:

• Ethical principles in accounting and finance

• Governance and financial accountability

• Professional responsibilities

• Financial reporting and regulation

• Data security and confidentiality

• Digital accounting systems

• Artificial intelligence and emerging technologies

• Presenting financial information to stakeholders

Assessment will combine externally assessed examinations with applied projects and work-related tasks based on realistic organisational scenarios. Students will be required to demonstrate both their knowledge and their ability to apply this knowledge in practical situations.

Assessment will focus on students' ability to:

• Interpret financial information

• Analyse organisational performance

• Evaluate financial decisions

• Apply ethical and professional judgement

• Communicate financial information effectively

Minimum of 5 9-4 grades in GCSE examinations including a grade 5 in GCSE Maths and grade 5 English GCSE

Future courses & possible careers

• Degree and higher apprenticeships

• Accounting

• Finance and Economics

• Buisness Management

• Banking

• Financial Services

• Data Analytics

• Accountant

• Finance Analyst