Pearson EdexcelInternational GCSE98 resources

Pearson Edexcel International GCSE Accounting Past Papers & Mark Schemes

Free Edexcel iGCSE Accounting (4AC1) past papers, mark schemes & examiner reports. Double-entry bookkeeping and financial statements. 76 resources.

📅January and June, multiple years📄98 resources available✅Free to download

Papers Overview Paper Structure Key Info Key Topics Command Words Grade Boundaries Revision Tips Try AI Tutor ✦

Download Past Papers

Type

Year

98 of 98 resources — page 1 of 4

November 2023

2 files

📊

International GCSE Accounting – Examiner report – Paper 2 – November 2023

Examiner Report

Download

📊

International GCSE Accounting – Examiner report – Paper 1 – November 2023

Examiner Report

Download

November 2021

1 file

✅

International GCSE Accounting – Mark scheme – Paper 1 – November 2021

Mark Scheme

Download

January 2019

3 files

📄

International Advanced Level Accounting – Question paper – Paper 1 – January 2019

Question Paper

Download

📊

International Advanced Level Accounting – Examiner report – Paper 1 – January 2019

Examiner Report

Download

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – January 2019

Mark Scheme

Download

June 2019

2 files

📊

International Advanced Level Accounting – Examiner report – Paper 1 – June 2019

Examiner Report

Download

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – June 2019

Mark Scheme

Download

October 2018

1 file

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – October 2018

Mark Scheme

Download

January 2018

3 files

📄

International Advanced Level Accounting – Question paper – Paper 1 – January 2018

Question Paper

Download

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – January 2018

Mark Scheme

Download

📊

International Advanced Level Accounting – Examiner report – Paper 1 – January 2018

Examiner Report

Download

June 2018

2 files

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – June 2018

Mark Scheme

Download

📄

International Advanced Level Accounting – Question paper – Paper 1 – June 2018

Question Paper

Download

January 2017

3 files

📊

International Advanced Level Accounting – Examiner report – Paper 1 – January 2017

Examiner Report

Download

📄

International Advanced Level Accounting – Question paper – Paper 1 – January 2017

Question Paper

Download

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – January 2017

Mark Scheme

Download

June 2017

3 files

📄

International Advanced Level Accounting – Question paper – Paper 1 – June 2017

Question Paper

Download

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – June 2017

Mark Scheme

Download

📊

International Advanced Level Accounting – Examiner report – Paper 1 – June 2017

Examiner Report

Download

October 2017

2 files

📊

International Advanced Level Accounting – Examiner report – Paper 1 – October 2017

Examiner Report

Download

📄

International Advanced Level Accounting – Question paper – Paper 1 – October 2017

Question Paper

Download

June 2016

3 files

📄

International Advanced Level Accounting – Question Paper – Paper 1 – June 2016

Question Paper

Download

✅

International Advanced Level Accounting – Mark scheme – Paper 1 – June 2016

Mark Scheme

Download

📊

International Advanced Level Accounting – Examiner report – Paper 1 – June 2016

Examiner Report

Download

International GCSE Accounting: Double-Entry Principles, Financial Statements, and Cost Accounting

Pearson Edexcel International GCSE Accounting (specification 4AC1, replacing legacy 4AC0) is one of the few pre-16 qualifications focused entirely on accounting and financial record-keeping. It is particularly popular in South Asia, the Middle East, and sub-Saharan Africa, where accounting is a common pathway to professional qualifications such as ACCA and CIMA. Paper 1 — Introduction to Bookkeeping and Accounting (1 hour 30 minutes, 100 marks, 50%) — covers the fundamentals of double-entry bookkeeping: books of original entry, ledger accounts, trial balance, bank reconciliation, control accounts, and the correction of errors. Questions are primarily numerical, requiring students to prepare accounts, complete ledgers, and identify discrepancies. Paper 2 — Financial Accounting and Cost and Management Accounting (1 hour 30 minutes, 100 marks, 50%) — extends into financial statements (income statements and statements of financial position for sole traders and partnerships), ratio analysis, depreciation methods, inventory valuation, and an introduction to cost and management accounting (absorption costing, marginal costing, budgeting). Both papers are predominantly calculation-based, though short written explanations are also required. The 76-resource archive covers multiple exam windows.

Exam Paper Structure

Paper 1Calculator ✓

Introduction to Bookkeeping and Accounting

⏱ 1 hour 30 minutes🎯 100 marks📊 50% of grade

Double-entry bookkeepingBooks of original entryTrial balanceBank reconciliationControl accountsCorrection of errors

Paper 2Calculator ✓

Financial Accounting and Cost/Management Accounting

⏱ 1 hour 30 minutes🎯 100 marks📊 50% of grade

Income statement and SOFPPartnership accountsRatio analysisDepreciation and inventory valuationCost and management accountingBudgeting

Key Information

Exam Board	Pearson Edexcel
Specification Code	4AC1 (current) / 4AC0 (legacy)
Qualification	International GCSE
Grading Scale	9–1
Assessment Type	2 written exams (no coursework)
Tiers	No tiers
Number Of Papers	2
Exam Duration	1 hour 30 minutes per paper
Total Marks	200 (100 per paper)
Calculator Status	Calculator allowed
Available Sessions	January and June, multiple years
Total Resources	76

Key Topics in Accounting

Topics you need to know

Double-entry bookkeeping principlesBooks of original entry and ledger accountsTrial balance and error correctionBank reconciliation statementsFinancial statements for sole traders and partnershipsDepreciation and inventory valuationRatio analysis and interpretationIntroduction to cost and management accounting

Exam Command Words

Command word	What the examiner expects
Prepare	Construct an account, statement, or financial document in the correct format
Calculate	Work out a numerical value, showing working
State	Give a brief factual answer
Explain	Give reasons for an accounting treatment or principle
Identify	Name or select the correct account, entry, or error type
Complete	Fill in missing entries in a ledger, journal, or financial statement

Typical Grade Boundaries

Grade	Approximate mark needed
9	80–90%
8	70–79%
7	60–69%
6	50–59%
5	40–49%
4	30–39%
3	22–29%
2	15–21%
1	8–14%

⚠️ Typical grade boundaries across both papers (200 total marks). Boundaries vary by session — check Pearson's website.

Ledger Accuracy, Ratio Fluency, and Financial Statement Preparation for iGCSE Accounting

Accounting is a skills-based subject where accuracy matters more than speed. When preparing double-entry accounts, always follow the sequence: identify the transaction, determine which two accounts are affected, decide which side each entry goes on (debit or credit), and then post the entries. If you are unsure, return to the fundamental rule: debits record what comes in or increases assets and expenses; credits record what goes out or increases liabilities, capital, and income. Financial statement preparation — particularly the income statement and statement of financial position — is tested on almost every Paper 2 sitting. Practise constructing these from a trial balance, making adjustments for depreciation, prepayments, accruals, bad debts, and closing inventory. Lay out your workings neatly: examiners award method marks for correct structure even when individual figures contain errors, so a well-formatted statement can recover marks from arithmetic slips. Ratio analysis questions ask you to calculate profitability, liquidity, and efficiency ratios and then interpret what they reveal about the business. Memorise the formulae (gross profit margin, net profit margin, current ratio, acid test, ROCE, trade receivables days) and practise interpreting changes over time or between two businesses. A common examiner criticism is that students calculate ratios correctly but fail to explain what the numbers mean in business terms.

More Pearson Edexcel International GCSE Subjects

Explore other International GCSE subjects from Pearson Edexcel

Pearson Edexcel International GCSE Accounting Past Papers & Mark Schemes

Download Past Papers

November 2023

November 2021

January 2019

June 2019

October 2018

January 2018

June 2018

January 2017

June 2017

October 2017

June 2016

International GCSE Accounting: Double-Entry Principles, Financial Statements, and Cost Accounting

Exam Paper Structure

Key Information

Key Topics in Accounting

Exam Command Words

Typical Grade Boundaries

Ledger Accuracy, Ratio Fluency, and Financial Statement Preparation for iGCSE Accounting

More Pearson Edexcel International GCSE Subjects

Mathematics

English Language

English as a Second Language

Science

Human Biology

Further Pure Mathematics

English Literature

Chinese

Economics

Arabic

Chemistry

Biology

Physics

Commerce

French

German

Spanish

History

Business

Geography

Pakistan Studies

Bangladesh Studies

Swahili

Information and Communication Technology

Religious Studies

Computer Science

Bengali

Global Citizenship

Greek

Gujarati

Turkish

Bangla

Islamiyat

Modern Greek

Sinhala

Tamil

Urdu

Art and Design

Hindi

Islamic Studies

Related Past Papers

Meet your AI Tutor