Transferable skills subject interpretation for the Pearson Edexcel International GCSE in Accounting (9-1)
Transferable skills will help students cope with the different demands of degree study and provide a solid skills base that enables them to adapt and thrive in different environments across educational
stages; and ultimately into employment.
A good international education should enable students to start developing transferable skills as early as possible. Developing these transferable skills where they naturally occur as part of the International
GCSE curriculum can help build learner confidence and embed the importance of this well-rounded development. This builds the foundations to ensure students are ready for A-level and higher education.
Our approach to enhancing transferable skills in our International GCSEs ensures that it is not only the academic and cognitive skills that are developed, but those broader elements that universities highlight
as being essential for success. Skills such as self-directed study, independent research, self-awareness of own strengths and weaknesses and time-management are skills that students cannot learn from a
textbook but have to be developed through the teaching and learning experience that can be provided through an international curriculum.
To support the design of our qualifications, the Pearson Research Team selected and evaluated seven global 21st-century skills frameworks. Following on from this process, we identified the National
Research Council’s (NRC) framework as the most evidence-based and robust skills framework.
In the tables below, we have taken the NRC framework skills and provided an explicit definition of how each skill can be interpreted for this subject. This will enable teachers and learners to understand
examples of how they can develop each skill through the International GCSE in Accounting.
 Intrapersonal skills                                                   Interpersonal skills                                                    Cognitive skills
 Intellectual Openness                                                  Teamwork and collaboration                                              Cognitive Processes and Strategies
 Adaptability        Ability to select and apply knowledge and          Communication           Able to communicate an accounting               Critical thinking           Using many different pieces of
                     understanding of accounting processes,                                     process or technique (verbally or                                           information from books of original
                     which is not prompted or provided to                                       written) to peers and teachers and                                          entry and ledger accounts and
                     accounting problems.                                                       answer questions from others.                                               synthesising this information to
                                                                                                                                                                            create and interpret financial
                                                                                                                                                                            statements and make judgements.
 Personal and        Appreciate ethical issues in accounting.           Collaboration           Carrying out a peer review to provide           Problem solving              Apply accounting concepts to
 social                                                                                         supportive feedback to another.                                              accounting procedures.
 responsibility
 Continuous          Planning and reflecting on own learning,           Teamwork                Working with other students in an               Analysis                    Analyse and interpret data and
 Learning            setting goals and meeting them regularly                                   accounting-based problem-solving                                            drawing conclusions which are
                                                                                                exercise.                                                                   consistent with evidence from the
                                                                                                                                                                            books of account.
 Intellectual        Identifying a problem under own initiative,        Co-operation            Sharing own resources and own learning          Reasoning/argumentation     Evaluate information related to
 interest and        planning a solution and carrying this out.                                 techniques with other students.                                             accounting concepts and identities,
 curiosity                                                                                      Cooperating in problem-solving
                                                                                                                                                                            making judgements on the basis of
                                                                                                                                                                            this information.
 Work ethic/conscientiousness                                           Interpersonal skills    Using verbal and non-verbal                     Interpretation              Select, organise and present
                                                                                                communication skills, including                                             relevant information clearly and
                                                                                                numerical skills, in a dialogue about
                                                                                                                                                                            logically using appropriate
                                                                                                accounting.
                                                                                                                                                                            vocabulary, definitions and
                                                                                                                                                                            conventions.
 Initiative          Using accounting knowledge, independently          Empathy/perspective     Understanding financial situations from         Decision Making             Evaluate data and trends, drawing
                     (without guided learning), to further own          talking                 the perspective of multiple stakeholders                                    conclusions, which are consistent
                     understanding.                                                                                                                                         with evidence from accounting
                                                                                                                                                                            sources. Suggest possible
                                                                                                                                                                            improvements and further actions.
 Self-direction      Planning and carrying out accounting- based        Negotiation                                                             Adaptive learning            Learn about unifying patterns and
                     problem-solving under own direction.                                                                                                                    themes in the accounting context
                                                                                                                                                        and use them in new and changing
                                                                                                                                                        situations.
Responsibility     Taking responsibility for any errors or        Leadership                                                       Executive function   Use accounting and critical thinking
                   omissions in own work and creating a plan to                                                                                         skills based on the data available
                   improve.                                                                                                                             and within the relevant context.
                                                                                                                                                        Evaluate the effectiveness of a
                                                                                                                                                        business's financial situation in
                                                                                                                                                        terms of accuracy, validity and
                                                                                                                                                        reliability.
Perseverance       Actively seeking new ways to continue and      Leadership          Leading others in a group activity to        Creativity
                   improve own learning despite setbacks.                             effectively solve an accounting problem
Productivity       Develop a fluency in technical language so     Responsibility      Taking responsibility for the outcomes of    Creativity           Apply existing knowledge of
                   sophisticated answers of depth are produced                        a team exercise, even if one is not solely                        accounting principles and procedures
                   in extended answers to accounting                                  responsible for the output.                                       to situations set in an unfamiliar
                   questions.                                                                                                                           context.
Self-regulation    Developing and refining a strategy over time   Assertive           Chairing or leading a debate, allowing       Innovation           Using a novel strategy to apply
(metacognition,    for applications of accounting, to different   communication       representations and directing the                                 existing knowledge of accounting
forethought,       contexts reflecting on the success or                              conversation to a conclusion.                                     concepts in unaccustomed
reflection)        otherwise of the strategy                                                                                                            situations.
Ethics             Producing output with a specific moral         Self-presentation   Presenting an accounting or financial
                   purpose for which one is accountable.                              problem or idea to an audience to seek
                                                                                      solutions.
Integrity         Taking ownership for own work and willingly
                  responding to questions and challenges.
Positive Core Self Evaluation
Self-              Planning and reviewing own work as a
monitoring/self-   matter of habit.
evaluation/self-
reinforcement