Accounting (9706) | AS LEVEL | Full Scale Course
This Full-Scale course / Complete Course offers a complete online coverage for both the syllabus and the preparation for the examination. The AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course …
Overview
This Full-Scale course / Complete Course offers a complete online coverage for both the syllabus and the preparation for the examination. The AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online) is the complete course, where the prime goal is to train a student from scratch to learn everything that they need to know for the examination, as well as in-depth understanding of the syllabus material. We incorporate a sophisticated strategy to target all the subject areas that are required to get the best grade possible. The AS Level Accounting 9706 Course covers the complete syllabus of Accounting (9706) – AS Level. The AS Level Course has been designed to help any student, no matter how much they have prepared for the subject. Students at all levels can benefit from the AS Level Accounting 9706 Course. You are not required to buy any book to complement the AS Level Accounting 9706 Course as it covers all that is required for a successful attempt at the subject. Also, being a Full-Scale Course, the curriculum follows periodic content availability, just like a real classroom.
However, the timing of the class does not matter: each student can cover the material as per their own feasibility. Whenever new content is uploaded or is available, an announcement is made both on the AS Level Accounting 9706 Course page and communicated via e-mail to the students so that they may stay informed. Also, you may join later as the AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online) allows for backward compatibility. Thus, a student joining in week 3 has access to the materials of week 1 and week 2, as well as limited ability to submit the assignments of these weeks. The curriculum shall be updated as the AS Level Accounting 9706 Course progresses.
Ideally, the course contains:
- Complete lectures of Each Topic in A Unique Way
- Notes and Videos
- Periodic Assignments with Proper Grading and Feedback
- Past Paper Based Quizzes
- Forum Access To Ask Any Question
- Complete availability of the Teacher.
- Best Resources and Guidelines
- Tip and Tricks for Paper Solution
- Paper Attempting Methodology for Best Grades
Join the AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)Â now and get the best grades in upcoming examination.
What Educate A Change Expects From The Student For This Course?
Full Scale Courses on Educate A Change are designed specifically to study the syllabus in-depth and solve as many past papers as possible. Our expectation with such AS Level Accounting 9706 Course are as follows:
- The student may or may not be aware of the basic contents of the syllabus. Thus, these courses suit the students who are studying a syllabus for the first time.
- The student may or may not understand the basic paper solution pattern.
- The student’s expectation regarding AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)Â is to learn the complete syllabus, learn paper solving techniques and practice as many past papers as possible for the upcoming examination.
- The student needs a complete and in-depth understanding of the entire syllabus content.
- AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online) is the student’s preferred method to get the best grade in their exams.
How Will The Course Progress?
The AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online) has been designed to provide maximum flexibility to our students. Here is a breakup of how the AS Level Accounting 9706 Course will progress in general. This division is subject to change based on the progression of the AS Level Accounting 9706 Course:
- Once your AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)Â has been activated, a timer starts to run on each of the content areas reflected in the curriculum section.Â
- The timer remains unique to each student. It defines the exact time when you will receive a new content.
- Generally, the Full Scale Courses have a weekly progression. This aspect means you will get new contents at different times during the week. Again, the timer shows you the exact time for the content to arrive in your portal.
- If there are any significant changes, you will be informed in the announcements section. Additionally, you may locate the announcements in your e-mail as well. Do not forget to check the junk/ spam folder regularly.
- The timings for live classes, if any, are also coordinated using the announcements section and emails.
- There are specific classes in the AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)Â called quizzes. These quizzes can be attempted at any point as you wish. There is no restriction as to when you have to attempt them. However, there is a restriction on the number of times you can access any quiz. Make sure you remain aware of those restrictions. They are mentioned at the start of the quiz.
- Additionally, there are assignments in the AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)Â as well. These assignments are designed using the past paper contents, mostly. In some assignments, you have more than 1 submission as well. In such cases, you have to make sure that we receive your second submission before marking date passes since your first submission. Also, only one submission is marked by the instructor.
- You may attempt the assignment directly on the portal or you may attempt it on a piece of paper and attach pictures or PDF here on the portal. Both ways are completely acceptable. Emailing the assignment is not allowed. Similarly, you may not use social media to submit an assignment.
- The past paper discussion classes of AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)Â will focus on providing the detailed solution methods of past papers. Additionally, video discussion using recorded videos will be provided for the most important questions. Detailed points, techniques and information for each question are also included.
- The official AS Level Accounting 9706 Course discussion board or FORUM is accessible to all the enrolled students. You may ask any question related to any class, quiz, past paper discussion or assignment etc. both in public and private on this forum. This forum is the official method to ask questions and get answers by your instructor. You can ask using written, audio, video or image questions. Additionally, you can quote different answers on the forum for further clarification as well.
What may NOT be expected from the course?
AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online) is a formal course, which makes it impossible for Educate A Change to make any adjustments for any specific students. Students must not expect the AS Level Accounting 9706 Course to:
- Give the material before the time on your timer.
- Give all the material at once.
- Give more time for the material to be accessed than the course’s time.
- Give the material in any other form than mentioned in the course
- The AS Level Accounting 9706 Course does NOT register or pay your fee for the official Cambridge examination
Additionally, you may NOT except the instructor
- To give you any personal mentoring outside the course in the same price.
- Answer questions and other issues you may have regarding the course on personal social media.
- Collaborate with you in any shape or form outside the mentioned methods of the AS Level Accounting 9706 Complete Course online / Full-Scale Course Online (AS Level Accounting 9706 Full Scale Course online / Complete Course online)
A reply or support in any of the above-mentioned issues may NOT be expected.
Curriculum
- 21 Sections
- 561 Lessons
- 32 Weeks
Expand all sectionsCollapse all sections
- Sample ContentSample Notes, Videos, Quizzes, Cheat Sheets, Assignments and Much More For Pre-Purchase Consideration.4
- Course Related InformationImportant Information Related To The Courses, Live Classes, Zoom Links etc.3
- Notes + Written Material For Contents of The SyllabusNotes for Chapters + Written Resources Regarding The Content86
- 3.1Types Of Business Entity: The Different Types Of Business Entity
- 3.2Types Of Business Entity: The Advantages And Disadvantages Of These Types Of Business Entity
- 3.3Types Of Business Entity: Sources Of Finance And Methods Of Funding For These Types Of Business Entity
- 3.4The Accounting System: The Principles Of The Double Entry System To Record Business Transactions
- 3.5The Accounting System: The Accounting Equation
- 3.6The Accounting System: The Role Of Books Of Prime Entry In The Recording Of Business Transactions
- 3.7The Accounting System: Preparation Of Ledger Accounts
- 3.8The Accounting System: The Purpose Of A Trial Balance
- 3.9The Accounting System: The Advantages And Disadvantages Of Maintaining Full Accounting Records
- 3.10The Accounting System: The Accounting Concepts Underpinning The Preparation Of Accounts
- 3.11The Accounting System: The Use Of Computerised Accounting Systems In Recording Financial Transactions
- 3.12The Accounting System: The Advantages And Disadvantages Of Introducing A Computerised Accounting System
- 3.13The Accounting System: The Ways In Which The Security Of Data Can Be Ensured Within A Computerised Accounting System
- 3.14Capital And Revenue Income And Expenditure: The Difference Between The Treatment Of Capital And Revenue Income And Capital And Revenue Expenditure
- 3.15Capital And Revenue Income And Expenditure: The Effect On Profit/Loss And Asset Value Of The Incorrect Treatment Of Capital And Revenue Expenditure
- 3.16Changing Asset Values: Factors That Cause The Value Of Non-Current Assets To Depreciate
- 3.17Changing Asset Values: The Purpose Of Accounting For Depreciation Of Non-Current Assets And The Associated Application Of Relevant Accounting Concepts
- 3.18Changing Asset Values: How To Calculate Depreciation Using The Reducing Balance And Straight-Line Methods
- 3.19Changing Asset Values: The Most Appropriate Method Of Calculating Depreciation
- 3.20Changing Asset Values: How To Measure The Value Of Non-Current Assets By The Cost Model Or The Revaluation Model
- 3.21Changing Asset Values: How To Prepare Ledger Accounts And Journal Entries
- 3.22Changing Asset Values: How To Calculate Profit Or Loss On Disposal Of A Non-Current Asset
- 3.23Changing Asset Values: How To Record The Effect Of A Charge For Depreciation In The Statement Of Profit Or Loss And Statement Of Financial Position
- 3.24Reconciliation And Verification: The Need To Reconcile And Verify Ledger Accounts Using Documentation From Internal And External Sources
- 3.25Reconciliation And Verification: The Benefits And Limitations Of Reconciliation And Verification Procedures
- 3.26Trial Balance: Errors Which Affect The Trial Balance
- 3.27Trial Balance: Errors Which Do Not Affect The Trial Balance
- 3.28Trial Balance: How To Prepare Ledger Accounts And Journal Entries To Correct Errors Using A Suspense Account
- 3.29Trial Balance: The Effect On The Financial Statements Of The Correction Of Errors
- 3.30Trial Balance: The Benefits And Limitations Of A Trial Balance
- 3.31Bank Reconciliation Statements: Updating Of Cash Books
- 3.32Bank Reconciliation Statements: How To Prepare Bank Reconciliation Statements
- 3.33Bank Reconciliation Statements: The Benefits And Limitations Of Preparing A Bank Reconciliation Statement
- 3.34Control Accounts: Entries In Control Accounts
- 3.35Control Accounts: Sales Ledger Control Accounts And Purchases Ledger Control Accounts
- 3.36Control Accounts: Reconciliation Statements Between Control Account Balances And Ledger Balances
- 3.37Control Accounts: The Effects On Financial Statements Of The Correction Of Errors
- 3.38Control Accounts: The Benefits And Limitations Of Control Accounts
- 3.39Adjustments To Draft Financial Statements: How To Calculate And Record The Adjustments Needed And The Effect On Financial Statements
- 3.40Sole Traders: How To Prepare A Statement Of Profit Or Loss And Statement Of Financial Position For A Sole Trader From Full Or Incomplete Accounting Records (Trading Or Service Business)
- 3.41Partnerships: How To Prepare A Statement Of Profit Or Loss, Appropriation Account And Statement Of Financial Position For A Partnership From Full Or Incomplete Accounting Records
- 3.42Partnerships: Why Partners May Maintain Separate Capital Accounts And Current Accounts
- 3.43Partnerships: How To Prepare Partners’ Capital And Current Accounts
- 3.44Partnerships: The Contents Of A Partnership Agreement
- 3.45Partnerships: The Advantages And Disadvantages To Partners Of Maintaining A Partnership Agreement
- 3.46Partnerships: The Provisions Of The Partnership Act 1890 In Respect Of Partners’ Salaries, Division Of Profit Or Loss, Interest On Partners’ Loans, Interest On Capital And Interest On Drawings
- 3.47Limited Companies: The Features And Accounting Treatment Of Ordinary Shares, Bonus Issues, Rights Issues, Debentures, Dividends And Reserves
- 3.48Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Making A Bonus Issue Of Shares And A Rights Issue Of Shares
- 3.49Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Issuing Shares And Issuing Debentures
- 3.50Limited Companies: The Distinction Between Capital Reserves (Share Premium And Revaluation Reserve) And Revenue Reserves (Retained Earnings And General Reserve)
- 3.51Limited Companies: How To Prepare Ledger Accounts To Record
- 3.52Limited Companies: How To Prepare A Statement Of Profit Or Loss, Statement Of Financial Position And Statement Of Changes In Equity For A Limited Company (Trading Or Service Business)
- 3.53Limited Companies: Sources Of Finance For Specified Purposes
- 3.54Users Of Accounting Information: The Differing Requirements For Information Of Stakeholders
- 3.55Users Of Accounting Information: How To Communicate And Analyse The Information Required By These Different Stakeholders
- 3.56Calculation And Evaluation Of Ratios: How To Calculate Key Accounting Ratios To Measure Profitability, Liquidity And Efficiency
- 3.57Calculation And Evaluation Of Ratios: How To Evaluate The Profitability, Liquidity And Efficiency Of An Organisation By Interpreting Ratios
- 3.58Calculation And Evaluation Of Ratios: Possible Measures To Improve The Profitability, Liquidity And Efficiency Of An Organisation
- 3.59Calculation And Evaluation Of Ratios: The Limitations Of Accounting Information
- 3.60Materials And Labour: Accounting For Material And Labour Costs
- 3.61Materials And Labour: How To Identify And Calculate Fixed Costs, Variable Costs, Semi-Variable Costs And Stepped Costs
- 3.62Materials And Labour: How To Identify And Calculate The Elements Of Direct And Indirect Costs
- 3.63Materials And Labour: How To Calculate The Value Of Closing Inventory Using The First In First Out (FIFO) And Weighted Average Cost (AVCO) Methods (Perpetual And Periodic)
- 3.64Materials And Labour: The Principles Of Just In Time (JIT) Management Of Inventory
- 3.65Costing Applications: How To Apply Traditional Costing Methods To Prepare Costing Statements Using Unit, Job And Batch Costing Principles In Both Manufacturing And Service Businesses
- 3.66Absorption Costing: The Difference Between A Cost Centre And A Cost Unit
- 3.67Absorption Costing: How To Allocate And Apportion Overhead Expenditure Between Production And Service Departments
- 3.68Absorption Costing: How To Calculate Overhead Absorption Rates Using An Appropriate Basis
- 3.69Absorption Costing: The Causes And The Calculation Of Under Absorption And Over Absorption Of Overheads
- 3.70Absorption Costing: How To Prepare Costing And Profit Statements Using Absorption Costing
- 3.71Absorption Costing: The Uses And Limitations Of Absorption Costing
- 3.72Absorption Costing: The Usefulness Of Absorption Cost Data As A Support For Management Decision-Making
- 3.73Absorption Costing: Non-Financial Factors And Their Significance
- 3.74Marginal Costing: How To Calculate The Contribution Of A Product
- 3.75Marginal Costing: How To Interpret A Break-Even Chart (Note: Candidates Will Not Be Asked To Prepare A Break-Even Chart)
- 3.76Marginal Costing: How To Calculate The Break-Even Point, Contribution To Sales Ratio, Level Of Output Or Sales To Achieve A Target Profit, And Margin Of Safety
- 3.77Marginal Costing: The Use And Limitations Of Break-Even Analysis
- 3.78Marginal Costing: How To Prepare Costing And Profit Statements Using Marginal Costing
- 3.79Marginal Costing: How To Prepare A Statement Reconciling The Reported Profits Using Marginal Costing And Absorption Costing
- 3.80Marginal Costing: The Uses And Limitations Of Marginal Costing
- 3.81Marginal Costing: The Usefulness Of Marginal Costing Data As A Support For Management Decision-Making (Including Make-Or-Buy, Special Orders, Closure Of Business Unit, Limiting Factors, Target Profit)
- 3.82Marginal Costing: Non-Financial Factors And Their Significance
- 3.83Cost–Volume–Profit Analysis: The Advantages And Limitations Of Cost–Volume–Profit Analysis
- 3.84Cost–Volume–Profit Analysis: The Usefulness Of Cost–Volume–Profit Data As A Support For Management Decision-Making
- 3.85Cost–Volume–Profit Analysis: How To Apply Costing Concepts To Make Business Decisions And Recommendations Using Supporting Data
- 3.86Cost–Volume–Profit Analysis: Non-Financial Factors And Their Significance
- Video Lectures For The ContentVideo Lectures Covering Course Content In Detail18
- 4.1Types of Business Entity
- 4.2The Accounting System
- 4.3Capital And Revenue Income And Expenditure
- 4.4Changing Asset Values
- 4.5Reconciliation And Verification
- 4.6Trial Balance
- 4.7Bank Reconciliation Statements
- 4.8Control Accounts
- 4.9Adjustments To Draft Financial Statements
- 4.10Partnerships
- 4.11Limited Companies
- 4.12Users of Accounting Information
- 4.13Calculation And Evaluation of Ratios
- 4.14Materials and Labour
- 4.15Costing Applications
- 4.16Absorption Costing
- 4.17Marginal Costing
- 4.18Cost-Volume-Profit Analysis
- QuizzesShort Quizzes To Auto-Test Your Knowledge of The Syllabus18
- 5.1Types of Business Entity10 Minutes0 Questions
- 5.2The Accounting System10 Minutes0 Questions
- 5.3Capital And Revenue Income And Expenditure10 Minutes0 Questions
- 5.4Changing Asset Values10 Minutes0 Questions
- 5.5Reconciliation And Verification10 Minutes0 Questions
- 5.6Trial Balance10 Minutes0 Questions
- 5.7Bank Reconciliation Statements10 Minutes0 Questions
- 5.8Control Accounts10 Minutes0 Questions
- 5.9Adjustments To Draft Financial Statements10 Minutes0 Questions
- 5.10Partnerships10 Minutes0 Questions
- 5.11Limited Companies10 Minutes0 Questions
- 5.12Users of Accounting Information10 Minutes0 Questions
- 5.13Calculation And Evaluation of Ratios10 Minutes0 Questions
- 5.14Materials and Labour10 Minutes0 Questions
- 5.15Costing Applications10 Minutes0 Questions
- 5.16Absorption Costing10 Minutes0 Questions
- 5.17Marginal Costing10 Minutes0 Questions
- 5.18Cost-Volume-Profit Analysis10 Minutes0 Questions
- Quizzes For PreparationQuizzes With Detailed Explained Answers And Common Mistakes Discussed In Detail86
- 6.1Types Of Business Entity: The Different Types Of Business Entity
- 6.2Types Of Business Entity: The Advantages And Disadvantages Of These Types Of Business Entity
- 6.3Types Of Business Entity: Sources Of Finance And Methods Of Funding For These Types Of Business Entity
- 6.4The Accounting System: The Principles Of The Double Entry System To Record Business Transactions
- 6.5The Accounting System: The Accounting Equation
- 6.6The Accounting System: The Role Of Books Of Prime Entry In The Recording Of Business Transactions
- 6.7The Accounting System: Preparation Of Ledger Accounts
- 6.8The Accounting System: The Purpose Of A Trial Balance
- 6.9The Accounting System: The Purpose Of A Trial Balance
- 6.10The Accounting System: The Accounting Concepts Underpinning The Preparation Of Accounts
- 6.11The Accounting System: The Use Of Computerised Accounting Systems In Recording Financial Transactions
- 6.12The Accounting System: The Advantages And Disadvantages Of Introducing A Computerised Accounting System
- 6.13The Accounting System: The Ways In Which The Security Of Data Can Be Ensured Within A Computerised Accounting System
- 6.14Capital And Revenue Income And Expenditure: The Difference Between The Treatment Of Capital And Revenue Income And Capital And Revenue Expenditure
- 6.15Capital And Revenue Income And Expenditure: The Effect On Profit/Loss And Asset Value Of The Incorrect Treatment Of Capital And Revenue Expenditure
- 6.16Changing Asset Values: Factors That Cause The Value Of Non-Current Assets To Depreciate
- 6.17Changing Asset Values: The Purpose Of Accounting For Depreciation Of Non-Current Assets And The Associated Application Of Relevant Accounting Concepts
- 6.18Changing Asset Values: How To Calculate Depreciation Using The Reducing Balance And Straight-Line Methods
- 6.19Changing Asset Values: The Most Appropriate Method Of Calculating Depreciation
- 6.20Changing Asset Values: How To Measure The Value Of Non-Current Assets By The Cost Model Or The Revaluation Model
- 6.21Changing Asset Values: How To Prepare Ledger Accounts And Journal Entries
- 6.22Changing Asset Values: How To Calculate Profit Or Loss On Disposal Of A Non-Current Asset
- 6.23Changing Asset Values: How To Record The Effect Of A Charge For Depreciation In The Statement Of Profit Or Loss And Statement Of Financial Position
- 6.24Reconciliation And Verification: The Need To Reconcile And Verify Ledger Accounts Using Documentation From Internal And External Sources
- 6.25Reconciliation And Verification: The Benefits And Limitations Of Reconciliation And Verification Procedures
- 6.26Trial Balance: Errors Which Affect The Trial Balance
- 6.27Trial Balance: Errors Which Do Not Affect The Trial Balance
- 6.28Trial Balance: How To Prepare Ledger Accounts And Journal Entries To Correct Errors Using A Suspense Account
- 6.29Trial Balance: The Effect On The Financial Statements Of The Correction Of Errors
- 6.30Trial Balance: The Benefits And Limitations Of A Trial Balance
- 6.31Bank Reconciliation Statements: Updating Of Cash Books
- 6.32Bank Reconciliation Statements: How To Prepare Bank Reconciliation Statements
- 6.33Bank Reconciliation Statements: The Benefits And Limitations Of Preparing A Bank Reconciliation Statement
- 6.34Control Accounts: Entries In Control Accounts
- 6.35Control Accounts: Sales Ledger Control Accounts And Purchases Ledger Control Accounts
- 6.36Control Accounts: Reconciliation Statements Between Control Account Balances And Ledger Balances
- 6.37Control Accounts: The Effects On Financial Statements Of The Correction Of Errors
- 6.38Control Accounts: The Benefits And Limitations Of Control Accounts
- 6.39Adjustments To Draft Financial Statements: How To Calculate And Record The Adjustments Needed And The Effect On Financial Statements
- 6.40Sole Traders: How To Prepare A Statement Of Profit Or Loss And Statement Of Financial Position For A Sole Trader From Full Or Incomplete Accounting Records (Trading Or Service Business)
- 6.41Partnerships: How To Prepare A Statement Of Profit Or Loss, Appropriation Account And Statement Of Financial Position For A Partnership From Full Or Incomplete Accounting Records
- 6.42Partnerships: Why Partners May Maintain Separate Capital Accounts And Current Accounts
- 6.43Partnerships: How To Prepare Partners’ Capital And Current Accounts
- 6.44Partnerships: The Contents Of A Partnership Agreement
- 6.45Partnerships: The Advantages And Disadvantages To Partners Of Maintaining A Partnership Agreement
- 6.46Partnerships: The Provisions Of The Partnership Act 1890 In Respect Of Partners’ Salaries, Division Of Profit Or Loss, Interest On Partners’ Loans, Interest On Capital And Interest On Drawings
- 6.47Limited Companies: The Features And Accounting Treatment Of Ordinary Shares, Bonus Issues, Rights Issues, Debentures, Dividends And Reserves
- 6.48Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Making A Bonus Issue Of Shares And A Rights Issue Of Shares
- 6.49Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Issuing Shares And Issuing Debentures
- 6.50Limited Companies: The Distinction Between Capital Reserves (Share Premium And Revaluation Reserve) And Revenue Reserves (Retained Earnings And General Reserve)
- 6.51Limited Companies: How To Prepare Ledger Accounts To Record
- 6.52Limited Companies: How To Prepare A Statement Of Profit Or Loss, Statement Of Financial Position And Statement Of Changes In Equity For A Limited Company (Trading Or Service Business)
- 6.53Limited Companies: Sources Of Finance For Specified Purposes
- 6.54Users Of Accounting Information: The Differing Requirements For Information Of Stakeholders
- 6.55Users Of Accounting Information: How To Communicate And Analyse The Information Required By These Different Stakeholders
- 6.56Calculation And Evaluation Of Ratios: How To Calculate Key Accounting Ratios To Measure Profitability, Liquidity And Efficiency
- 6.57Calculation And Evaluation Of Ratios: How To Evaluate The Profitability, Liquidity And Efficiency Of An Organisation By Interpreting Ratios
- 6.58Calculation And Evaluation Of Ratios: Possible Measures To Improve The Profitability, Liquidity And Efficiency Of An Organisation
- 6.59Calculation And Evaluation Of Ratios: The Limitations Of Accounting Information
- 6.60Materials And Labour: Accounting For Material And Labour Costs
- 6.61Materials And Labour: How To Identify And Calculate Fixed Costs, Variable Costs, Semi-Variable Costs And Stepped Costs
- 6.62Materials And Labour: How To Identify And Calculate The Elements Of Direct And Indirect Costs
- 6.63Materials And Labour: How To Calculate The Value Of Closing Inventory Using The First In First Out (FIFO) And Weighted Average Cost (AVCO) Methods (Perpetual And Periodic)
- 6.64Materials And Labour: The Principles Of Just In Time (JIT) Management Of Inventory
- 6.65Costing Applications: How To Apply Traditional Costing Methods To Prepare Costing Statements Using Unit, Job And Batch Costing Principles In Both Manufacturing And Service Businesses
- 6.66Absorption Costing: The Difference Between A Cost Centre And A Cost Unit
- 6.67Absorption Costing: How To Allocate And Apportion Overhead Expenditure Between Production And Service Departments
- 6.68Absorption Costing: How To Calculate Overhead Absorption Rates Using An Appropriate Basis
- 6.69Absorption Costing: The Causes And The Calculation Of Under Absorption And Over Absorption Of Overheads
- 6.70Absorption Costing: How To Prepare Costing And Profit Statements Using Absorption Costing
- 6.71Absorption Costing: The Uses And Limitations Of Absorption Costing
- 6.72Absorption Costing: The Usefulness Of Absorption Cost Data As A Support For Management Decision-Making
- 6.73Absorption Costing: Non-Financial Factors And Their Significance
- 6.74Marginal Costing: How To Calculate The Contribution Of A Product
- 6.75Marginal Costing: How To Interpret A Break-Even Chart (Note: Candidates Will Not Be Asked To Prepare A Break-Even Chart)
- 6.76Marginal Costing: How To Calculate The Break-Even Point, Contribution To Sales Ratio, Level Of Output Or Sales To Achieve A Target Profit, And Margin Of Safety
- 6.77Marginal Costing: The Use And Limitations Of Break-Even Analysis
- 6.78Marginal Costing: How To Prepare Costing And Profit Statements Using Marginal Costing
- 6.79Marginal Costing: How To Prepare A Statement Reconciling The Reported Profits Using Marginal Costing And Absorption Costing
- 6.80Marginal Costing: The Uses And Limitations Of Marginal Costing
- 6.81Marginal Costing: The Usefulness Of Marginal Costing Data As A Support For Management Decision-Making (Including Make-Or-Buy, Special Orders, Closure Of Business Unit, Limiting Factors, Target Profit)
- 6.82Marginal Costing: Non-Financial Factors And Their Significance
- 6.83Cost–Volume–Profit Analysis: The Advantages And Limitations Of Cost–Volume–Profit Analysis
- 6.84Cost–Volume–Profit Analysis: The Usefulness Of Cost–Volume–Profit Data As A Support For Management Decision-Making
- 6.85Cost–Volume–Profit Analysis: How To Apply Costing Concepts To Make Business Decisions And Recommendations Using Supporting Data
- 6.86Cost–Volume–Profit Analysis: Non-Financial Factors And Their Significance
- AssignmentsDetailed Assignments For Syllabus Preparation (Including Past Paper Questions)18
- 7.1Types of Business Entity3 Days
- 7.2The Accounting System3 Days
- 7.3Capital And Revenue Income And Expenditure3 Days
- 7.4Changing Asset Values3 Days
- 7.5Reconciliation And Verification3 Days
- 7.6Trial Balance3 Days
- 7.7Bank Reconciliation Statements3 Days
- 7.8Control Accounts3 Days
- 7.9Adjustments To Draft Financial Statements3 Days
- 7.10Partnerships3 Days
- 7.11Limited Companies3 Days
- 7.12Users of Accounting Information3 Days
- 7.13Calculation And Evaluation of Ratios3 Days
- 7.14Materials and Labour3 Days
- 7.15Costing Applications3 Days
- 7.16Absorption Costing3 Days
- 7.17Marginal Costing3 Days
- 7.18Cost-Volume-Profit Analysis3 Days
- Paper Pattern/ Paper Preparation/ Techniques To Attempt The Paper/ Common Mistakes To AvoidDetailed Information Including Written + Video Material Regarding Paper Attempt / Preparation/ Techniques/ Common Mistakes To Avoid50
- 8.1Overall AS Level Exam Structure And Strategy: AS Level Route And Component Combination Explained
- 8.2Overall AS Level Exam Structure And Strategy: How Paper 1 And Paper 2 Combine To Form The AS Grade
- 8.3Overall AS Level Exam Structure And Strategy: Weighting Of AO1, AO2 And AO3 At AS Level
- 8.4Overall AS Level Exam Structure And Strategy: Time Allocation Strategy Across The Entire AS Examination
- 8.5Overall AS Level Exam Structure And Strategy: Calculator Use Rules And Numerical Accuracy Expectations
- 8.6Paper 1 – Multiple Choice Paper Pattern: Paper 1 Structure And Timing Breakdown
- 8.7Paper 1 – Multiple Choice Paper Pattern: Topic Weighting In Paper 1 (Financial Accounting Vs Cost Accounting)
- 8.8Paper 1 – Multiple Choice Paper Pattern: Nature Of MCQs: Calculation, Theory, Interpretation
- 8.9Paper 1 – Multiple Choice Paper Pattern: Typical Difficulty Progression In Paper 1
- 8.10Paper 1 – Multiple Choice Paper Pattern: How Cambridge Designs Distractors In Accounting MCQs
- 8.11Paper 1 – Techniques To Attempt MCQs: Fast-Elimination Technique For MCQs
- 8.12Paper 1 – Techniques To Attempt MCQs: Handling Ratio MCQs Without Given Formulae
- 8.13Paper 1 – Techniques To Attempt MCQs: Numerical Estimation Vs Exact Calculation Strategy
- 8.14Paper 1 – Techniques To Attempt MCQs: Managing Time Pressure In Paper 1
- 8.15Paper 1 – Techniques To Attempt MCQs: Guessing Strategy When Completely Unsure
- 8.16Paper 1 – Common Mistakes And Examiner Complaints: Common Formula Misuse In Ratio MCQs
- 8.17Paper 1 – Common Mistakes And Examiner Complaints: Sign Errors And Direction Errors In MCQs
- 8.18Paper 1 – Common Mistakes And Examiner Complaints: Ignoring Units, Days And Percentages
- 8.19Paper 1 – Common Mistakes And Examiner Complaints: Misreading The Requirement In MCQs
- 8.20Paper 1 – Common Mistakes And Examiner Complaints: Overthinking Simple MCQs
- 8.21Paper 2 – Fundamentals Of Accounting Paper Pattern: Paper 2 Structure And Mark Distribution
- 8.22Paper 2 – Fundamentals Of Accounting Paper Pattern: Question 1 Long Financial Accounting Question Pattern
- 8.23Paper 2 – Fundamentals Of Accounting Paper Pattern: Question 2 And 3 Medium Financial Accounting Question Pattern
- 8.24Paper 2 – Fundamentals Of Accounting Paper Pattern: Question 4 Cost And Management Accounting Question Pattern
- 8.25Paper 2 – Fundamentals Of Accounting Paper Pattern: How Source Data Is Presented In Paper 2
- 8.26Paper 2 – Time Management And Order Strategy: Recommended Question Attempt Order For Paper 2
- 8.27Paper 2 – Time Management And Order Strategy: Time Allocation Per Question In Paper 2
- 8.28Paper 2 – Time Management And Order Strategy: When To Skip And Return To A Question
- 8.29Paper 2 – Time Management And Order Strategy: Managing Long Calculations Without Losing Marks
- 8.30Paper 2 – Time Management And Order Strategy: Handling Incomplete Records Questions Efficiently
- 8.31Paper 2 – Financial Accounting Answer Techniques: Presentation Of Ledger Accounts For Maximum Marks
- 8.32Paper 2 – Financial Accounting Answer Techniques: How Working Marks Are Awarded In Financial Accounting
- 8.33Paper 2 – Financial Accounting Answer Techniques: Proper Layout Of Final Accounts In Exams
- 8.34Paper 2 – Financial Accounting Answer Techniques: Adjustment Handling Without Overwriting Figures
- 8.35Paper 2 – Financial Accounting Answer Techniques: Clear Labeling To Avoid Method Mark Loss
- 8.36Paper 2 – Cost And Management Accounting Techniques: Step-By-Step Approach To Costing Questions
- 8.37Paper 2 – Cost And Management Accounting Techniques: FIFO And AVCO Table Presentation Technique
- 8.38Paper 2 – Cost And Management Accounting Techniques: Absorption Vs Marginal Costing Answer Structure
- 8.39Paper 2 – Cost And Management Accounting Techniques: Break-Even And Contribution Calculation Technique
- 8.40Paper 2 – Cost And Management Accounting Techniques: Handling Decision-Making Parts In Costing Questions
- 8.41Evaluation And Written Response Technique (AO3): How Cambridge Awards Evaluation Marks At AS Level
- 8.42Evaluation And Written Response Technique (AO3): Structure Of A High-Scoring Recommendation Answer
- 8.43Evaluation And Written Response Technique (AO3): Using Figures To Support Written Conclusions
- 8.44Evaluation And Written Response Technique (AO3): Balancing Advantages And Disadvantages In Answers
- 8.45Evaluation And Written Response Technique (AO3): Avoiding Narrative Without Application
- 8.46Examiner Report Mistakes And Mark Loss Traps: Repeating Figures Without Interpretation
- 8.47Examiner Report Mistakes And Mark Loss Traps: Incorrect Or Mixed Accounting Terminology
- 8.48Examiner Report Mistakes And Mark Loss Traps: Poor Layout And Untidy Presentation
- 8.49Examiner Report Mistakes And Mark Loss Traps: Not Answering The Exact Requirement
- 8.50Examiner Report Mistakes And Mark Loss Traps: Why Full Calculations Still Score Zero If Final Answer Is Wrongly Interpreted
- Solved Past PapersDetailed Written Explanations And Solutions of Past Papers, Including Model Answers and Explanations For Past Paper Questions0
- Past Paper SessionsVideo Content Regarding Past Paper Solutions0
- Notes (Rearranged Version)Notes Arranged In A Different Style For Preparation Ease19
- 11.1Types of Business Entity
- 11.2The Accounting System
- 11.3Capital And Revenue Income And Expenditure
- 11.4Changing Asset Values
- 11.5Reconciliation And Verification
- 11.6Trial Balance
- 11.7Bank Reconciliation Statements
- 11.8Control Accounts
- 11.9Adjustments To Draft Financial Statements
- 11.10Sole Trader
- 11.11Partnerships
- 11.12Limited Companies
- 11.13Users of Accounting Information
- 11.14Calculation And Evaluation of Ratios
- 11.15Materials and Labour
- 11.16Costing Applications
- 11.17Absorption Costing
- 11.18Marginal Costing
- 11.19Cost-Volume-Profit Analysis
- Videos Lectures (Pre-Recorded)Videos Recorded In A Different Style For Preparation Ease0
- Format Guides66
- 13.1Core Accounting System Formats: Accounting Equation Layout
- 13.2Core Accounting System Formats: General Journal Entry Format (Debit / Credit With Narration)
- 13.3Core Accounting System Formats: Ledger Account (T-Account) Format
- 13.4Core Accounting System Formats: Capital Account Format
- 13.5Core Accounting System Formats: Drawings Account Format
- 13.6Core Accounting System Formats: Trial Balance Format
- 13.7Books Of Prime Entry Formats: Sales Journal Format
- 13.8Books Of Prime Entry Formats: Sales Returns Journal Format
- 13.9Books Of Prime Entry Formats: Purchases Journal Format
- 13.10Books Of Prime Entry Formats: Purchases Returns Journal Format
- 13.11Books Of Prime Entry Formats: Cash Book – Single Column Format
- 13.12Books Of Prime Entry Formats: Cash Book – Two Column Format (Cash And Bank)
- 13.13Non-Current Asset Formats: Non-Current Asset Ledger Account Format
- 13.14Non-Current Asset Formats: Accumulated Depreciation Account Format
- 13.15Non-Current Asset Formats: Disposal Account Format
- 13.16Non-Current Asset Formats: Depreciation Expense Journal Entry Format
- 13.17Non-Current Asset Formats: Revaluation Account Format
- 13.18Error Correction And Reconciliation Formats:Suspense Account Format
- 13.19Error Correction And Reconciliation Formats: Error Correction Journal Entry Format
- 13.20Error Correction And Reconciliation Formats: Bank Reconciliation Statement Format
- 13.21Error Correction And Reconciliation Formats: Updated Cash Book Format
- 13.22Error Correction And Reconciliation Formats: Sales Ledger Control Account Format
- 13.23Error Correction And Reconciliation Formats: Purchases Ledger Control Account Format
- 13.24Error Correction And Reconciliation Formats: Control Account Reconciliation Statement Format
- 13.25Final Accounts Adjustment Formats: Accrual Adjustment Working Format
- 13.26Final Accounts Adjustment Formats: Prepayment Adjustment Working Format
- 13.27Final Accounts Adjustment Formats: Irrecoverable Debt Adjustment Format
- 13.28Final Accounts Adjustment Formats: Allowance For Irrecoverable Debts Working Format
- 13.29Final Accounts Adjustment Formats: Inventory Valuation Working Format
- 13.30Sole Trader Final Account Formats: Trading Account Format
- 13.31Sole Trader Final Account Formats: Statement Of Profit Or Loss (Sole Trader) Format
- 13.32Sole Trader Final Account Formats: Statement Of Financial Position (Sole Trader) Format
- 13.33Partnership Account Formats (AS Level): Partnership Appropriation Account Format
- 13.34Partnership Account Formats (AS Level): Partners’ Capital Account Format (Fixed)
- 13.35Partnership Account Formats (AS Level): Partners’ Capital Account Format (Fluctuating)
- 13.36Partnership Account Formats (AS Level): Partners’ Current Account Format
- 13.37Partnership Account Formats (AS Level): Statement Of Profit Or Loss (Partnership) Format
- 13.38Partnership Account Formats (AS Level): Statement Of Financial Position (Partnership) Format
- 13.39Limited Company Formats (AS Level Only): Ordinary Share Capital Account Format
- 13.40Limited Company Formats (AS Level Only): Share Premium Account Format
- 13.41Limited Company Formats (AS Level Only): Bonus Issue Journal Entry Format
- 13.42Limited Company Formats (AS Level Only): Rights Issue Journal Entry Format
- 13.43Limited Company Formats (AS Level Only): Debentures Account Format
- 13.44Limited Company Formats (AS Level Only): Dividends Account Format
- 13.45Limited Company Formats (AS Level Only): Statement Of Profit Or Loss (Limited Company – AS Format)
- 13.46Limited Company Formats (AS Level Only): Statement Of Financial Position (Limited Company – AS Format)
- 13.47Limited Company Formats (AS Level Only): Statement Of Changes In Equity (AS Scope)
- 13.48Ratio Analysis And Communication Formats: Profitability Ratios Calculation Table Format
- 13.49Ratio Analysis And Communication Formats: Liquidity Ratios Calculation Table Format
- 13.50Ratio Analysis And Communication Formats: Efficiency Ratios Calculation Table Format
- 13.51Ratio Analysis And Communication Formats: Ratio Interpretation Answer Structure (AS Level Style)
- 13.52Cost And Management Accounting Formats (AS Level): Cost Classification Table Format
- 13.53Cost And Management Accounting Formats (AS Level): FIFO Inventory Valuation Table (Perpetual Method)
- 13.54Cost And Management Accounting Formats (AS Level): FIFO Inventory Valuation Table (Periodic Method)
- 13.55Cost And Management Accounting Formats (AS Level): AVCO Inventory Valuation Table
- 13.56Cost And Management Accounting Formats (AS Level): Job Cost Sheet Format
- 13.57Cost And Management Accounting Formats (AS Level): Batch Cost Sheet Format
- 13.58Cost And Management Accounting Formats (AS Level): Unit Costing Statement Format
- 13.59Cost And Management Accounting Formats (AS Level): Overhead Allocation And Apportionment Table Format
- 13.60Cost And Management Accounting Formats (AS Level): Overhead Absorption Rate Calculation Format
- 13.61Cost And Management Accounting Formats (AS Level): Absorption Costing Profit Statement Format
- 13.62Cost And Management Accounting Formats (AS Level): Marginal Costing Contribution Statement Format
- 13.63Cost And Management Accounting Formats (AS Level): Break-Even Calculation Working Format
- 13.64Cost And Management Accounting Formats (AS Level): Margin Of Safety Calculation Format
- 13.65Cost And Management Accounting Formats (AS Level): Reconciliation Statement (Absorption Vs Marginal Profit) Format
- 13.66Cost And Management Accounting Formats (AS Level): Cost–Volume–Profit Decision Table Format
- Cheat Sheet86
- 14.1Types Of Business Entity: The Different Types Of Business Entity
- 14.2Types Of Business Entity: The Advantages And Disadvantages Of These Types Of Business Entity
- 14.3Types Of Business Entity: Sources Of Finance And Methods Of Funding For These Types Of Business Entity
- 14.4The Accounting System: The Principles Of The Double Entry System To Record Business Transactions
- 14.5The Accounting System: The Accounting Equation
- 14.6The Accounting System: The Role Of Books Of Prime Entry In The Recording Of Business Transactions
- 14.7The Accounting System: Preparation Of Ledger Accounts
- 14.8The Accounting System: The Purpose Of A Trial Balance
- 14.9The Accounting System: The Advantages And Disadvantages Of Maintaining Full Accounting Records
- 14.10The Accounting System: The Accounting Concepts Underpinning The Preparation Of Accounts
- 14.11The Accounting System: The Use Of Computerised Accounting Systems In Recording Financial Transactions
- 14.12The Accounting System: The Advantages And Disadvantages Of Introducing A Computerised Accounting System
- 14.13The Accounting System: The Ways In Which The Security Of Data Can Be Ensured Within A Computerised Accounting System
- 14.14Capital And Revenue Income And Expenditure: The Difference Between The Treatment Of Capital And Revenue Income And Capital And Revenue Expenditure
- 14.15Capital And Revenue Income And Expenditure: The Effect On Profit/Loss And Asset Value Of The Incorrect Treatment Of Capital And Revenue Expenditure
- 14.16Changing Asset Values: Factors That Cause The Value Of Non-Current Assets To Depreciate
- 14.17Changing Asset Values: The Purpose Of Accounting For Depreciation Of Non-Current Assets And The Associated Application Of Relevant Accounting Concepts
- 14.18Changing Asset Values: How To Calculate Depreciation Using The Reducing Balance And Straight-Line Methods
- 14.19Changing Asset Values: The Most Appropriate Method Of Calculating Depreciation
- 14.20Changing Asset Values: How To Measure The Value Of Non-Current Assets By The Cost Model Or The Revaluation Model
- 14.21Changing Asset Values: How To Prepare Ledger Accounts And Journal Entries
- 14.22Changing Asset Values: How To Calculate Profit Or Loss On Disposal Of A Non-Current Asset
- 14.23Changing Asset Values: How To Record The Effect Of A Charge For Depreciation In The Statement Of Profit Or Loss And Statement Of Financial Position
- 14.24Reconciliation And Verification: The Need To Reconcile And Verify Ledger Accounts Using Documentation From Internal And External Sources
- 14.25Reconciliation And Verification: The Benefits And Limitations Of Reconciliation And Verification Procedures
- 14.26Trial Balance: Errors Which Affect The Trial Balance
- 14.27Trial Balance: Errors Which Do Not Affect The Trial Balance
- 14.28Trial Balance: How To Prepare Ledger Accounts And Journal Entries To Correct Errors Using A Suspense Account
- 14.29Trial Balance: The Effect On The Financial Statements Of The Correction Of Errors
- 14.30Trial Balance: The Benefits And Limitations Of A Trial Balance
- 14.31Bank Reconciliation Statements: Updating Of Cash Books
- 14.32Bank Reconciliation Statements: How To Prepare Bank Reconciliation Statements
- 14.33Bank Reconciliation Statements: The Benefits And Limitations Of Preparing A Bank Reconciliation Statement
- 14.34Control Accounts: Entries In Control Accounts
- 14.35Control Accounts: Sales Ledger Control Accounts And Purchases Ledger Control Accounts
- 14.36Control Accounts: Reconciliation Statements Between Control Account Balances And Ledger Balances
- 14.37Control Accounts: The Effects On Financial Statements Of The Correction Of Errors
- 14.38Control Accounts: The Benefits And Limitations Of Control Accounts
- 14.39Adjustments To Draft Financial Statements: How To Calculate And Record The Adjustments Needed And The Effect On Financial Statements
- 14.40Sole Traders: How To Prepare A Statement Of Profit Or Loss And Statement Of Financial Position For A Sole Trader From Full Or Incomplete Accounting Records (Trading Or Service Business)
- 14.41Partnerships: How To Prepare A Statement Of Profit Or Loss, Appropriation Account And Statement Of Financial Position For A Partnership From Full Or Incomplete Accounting Records
- 14.42Partnerships: Why Partners May Maintain Separate Capital Accounts And Current Accounts
- 14.43Partnerships: How To Prepare Partners’ Capital And Current Accounts
- 14.44Partnerships: The Contents Of A Partnership Agreement
- 14.45Partnerships: The Advantages And Disadvantages To Partners Of Maintaining A Partnership Agreement
- 14.46Partnerships: The Provisions Of The Partnership Act 1890 In Respect Of Partners’ Salaries, Division Of Profit Or Loss, Interest On Partners’ Loans, Interest On Capital And Interest On Drawings
- 14.47Limited Companies: The Features And Accounting Treatment Of Ordinary Shares, Bonus Issues, Rights Issues, Debentures, Dividends And Reserves
- 14.48Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Making A Bonus Issue Of Shares And A Rights Issue Of Shares
- 14.49Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Issuing Shares And Issuing Debentures
- 14.50Limited Companies: The Distinction Between Capital Reserves (Share Premium And Revaluation Reserve) And Revenue Reserves (Retained Earnings And General Reserve)
- 14.51Limited Companies: How To Prepare Ledger Accounts To Record
- 14.52Limited Companies: How To Prepare A Statement Of Profit Or Loss, Statement Of Financial Position And Statement Of Changes In Equity For A Limited Company (Trading Or Service Business)
- 14.53Limited Companies: Sources Of Finance For Specified Purposes
- 14.54Users Of Accounting Information: The Differing Requirements For Information Of Stakeholders
- 14.55Users Of Accounting Information: How To Communicate And Analyse The Information Required By These Different Stakeholders
- 14.56Calculation And Evaluation Of Ratios: How To Calculate Key Accounting Ratios To Measure Profitability, Liquidity And Efficiency
- 14.57Calculation And Evaluation Of Ratios: How To Evaluate The Profitability, Liquidity And Efficiency Of An Organisation By Interpreting Ratios
- 14.58Calculation And Evaluation Of Ratios: Possible Measures To Improve The Profitability, Liquidity And Efficiency Of An Organisation
- 14.59Calculation And Evaluation Of Ratios: The Limitations Of Accounting Information
- 14.60Materials And Labour: Accounting For Material And Labour Costs
- 14.61Materials And Labour: How To Identify And Calculate Fixed Costs, Variable Costs, Semi-Variable Costs And Stepped Costs
- 14.62Materials And Labour: How To Identify And Calculate The Elements Of Direct And Indirect Costs
- 14.63Materials And Labour: How To Calculate The Value Of Closing Inventory Using The First In First Out (FIFO) And Weighted Average Cost (AVCO) Methods (Perpetual And Periodic)
- 14.64Materials And Labour: The Principles Of Just In Time (JIT) Management Of Inventory
- 14.65Costing Applications: How To Apply Traditional Costing Methods To Prepare Costing Statements Using Unit, Job And Batch Costing Principles In Both Manufacturing And Service Businesses
- 14.66Absorption Costing: The Difference Between A Cost Centre And A Cost Unit
- 14.67Absorption Costing: How To Allocate And Apportion Overhead Expenditure Between Production And Service Departments
- 14.68Absorption Costing: How To Calculate Overhead Absorption Rates Using An Appropriate Basis
- 14.69Absorption Costing: The Causes And The Calculation Of Under Absorption And Over Absorption Of Overheads
- 14.70Absorption Costing: How To Prepare Costing And Profit Statements Using Absorption Costing
- 14.71Absorption Costing: The Uses And Limitations Of Absorption Costing
- 14.72Absorption Costing: The Usefulness Of Absorption Cost Data As A Support For Management Decision-Making
- 14.73Absorption Costing: Non-Financial Factors And Their Significance
- 14.74Marginal Costing: How To Calculate The Contribution Of A Product
- 14.75Marginal Costing: How To Interpret A Break-Even Chart (Note: Candidates Will Not Be Asked To Prepare A Break-Even Chart)
- 14.76Marginal Costing: How To Calculate The Break-Even Point, Contribution To Sales Ratio, Level Of Output Or Sales To Achieve A Target Profit, And Margin Of Safety
- 14.77Marginal Costing: The Use And Limitations Of Break-Even Analysis
- 14.78Marginal Costing: How To Prepare Costing And Profit Statements Using Marginal Costing
- 14.79Marginal Costing: How To Prepare A Statement Reconciling The Reported Profits Using Marginal Costing And Absorption Costing
- 14.80Marginal Costing: The Uses And Limitations Of Marginal Costing
- 14.81Marginal Costing: The Usefulness Of Marginal Costing Data As A Support For Management Decision-Making (Including Make-Or-Buy, Special Orders, Closure Of Business Unit, Limiting Factors, Target Profit)
- 14.82Marginal Costing: Non-Financial Factors And Their Significance
- 14.83Cost–Volume–Profit Analysis: The Advantages And Limitations Of Cost–Volume–Profit Analysis
- 14.84Cost–Volume–Profit Analysis: The Usefulness Of Cost–Volume–Profit Data As A Support For Management Decision-Making
- 14.85Cost–Volume–Profit Analysis: How To Apply Costing Concepts To Make Business Decisions And Recommendations Using Supporting Data
- 14.86Cost–Volume–Profit Analysis: Non-Financial Factors And Their Significance
- Practice Questions/ Practice ExamsPractice Questions/ Exams Based Both On Actual Exam Pattern And On Topical Content To Boost Preparation And Improve Performance86
- 15.1Practice Questions: Types Of Business Entity: The Different Types Of Business Entity
- 15.2Practice Questions: Types Of Business Entity: The Advantages And Disadvantages Of These Types Of Business Entity
- 15.3Practice Questions: Types Of Business Entity: Sources Of Finance And Methods Of Funding For These Types Of Business Entity
- 15.4Practice Questions: The Accounting System: The Principles Of The Double Entry System To Record Business Transactions
- 15.5Practice Questions: The Accounting System: The Accounting Equation
- 15.6Practice Questions: The Accounting System: The Role Of Books Of Prime Entry In The Recording Of Business Transactions
- 15.7Practice Questions: The Accounting System: Preparation Of Ledger Accounts
- 15.8Practice Questions: The Accounting System: The Purpose Of A Trial Balance
- 15.9Practice Questions: The Accounting System: The Advantages And Disadvantages Of Maintaining Full Accounting Records
- 15.10Practice Questions: The Accounting System: The Accounting Concepts Underpinning The Preparation Of Accounts
- 15.11Practice Questions: The Accounting System: The Use Of Computerised Accounting Systems In Recording Financial Transactions
- 15.12Practice Questions: The Accounting System: The Advantages And Disadvantages Of Introducing A Computerised Accounting System
- 15.13Practice Questions: The Accounting System: The Ways In Which The Security Of Data Can Be Ensured Within A Computerised Accounting System
- 15.14Practice Questions: Capital And Revenue Income And Expenditure: The Difference Between The Treatment Of Capital And Revenue Income And Capital And Revenue Expenditure
- 15.15Practice Questions: Capital And Revenue Income And Expenditure: The Effect On Profit/Loss And Asset Value Of The Incorrect Treatment Of Capital And Revenue Expenditure
- 15.16Practice Questions: Changing Asset Values: Factors That Cause The Value Of Non-Current Assets To Depreciate
- 15.17Practice Questions: Changing Asset Values: The Purpose Of Accounting For Depreciation Of Non-Current Assets And The Associated Application Of Relevant Accounting Concepts
- 15.18Practice Questions: Changing Asset Values: How To Calculate Depreciation Using The Reducing Balance And Straight-Line Methods
- 15.19Practice Questions: Changing Asset Values: The Most Appropriate Method Of Calculating Depreciation
- 15.20Practice Questions: Changing Asset Values: How To Measure The Value Of Non-Current Assets By The Cost Model Or The Revaluation Model
- 15.21Practice Questions: Changing Asset Values: How To Prepare Ledger Accounts And Journal Entries
- 15.22Practice Questions: Changing Asset Values: How To Calculate Profit Or Loss On Disposal Of A Non-Current Asset
- 15.23Practice Questions: Changing Asset Values: How To Record The Effect Of A Charge For Depreciation In The Statement Of Profit Or Loss And Statement Of Financial Position
- 15.24Practice Questions: Reconciliation And Verification: The Need To Reconcile And Verify Ledger Accounts Using Documentation From Internal And External Sources
- 15.25Practice Questions: Reconciliation And Verification: The Benefits And Limitations Of Reconciliation And Verification Procedures
- 15.26Practice Questions: Trial Balance: Errors Which Affect The Trial Balance
- 15.27Practice Questions: Trial Balance: Errors Which Do Not Affect The Trial Balance
- 15.28Practice Questions: Trial Balance: How To Prepare Ledger Accounts And Journal Entries To Correct Errors Using A Suspense Account
- 15.29Practice Questions: Trial Balance: The Effect On The Financial Statements Of The Correction Of Errors
- 15.30Practice Questions: Trial Balance: The Benefits And Limitations Of A Trial Balance
- 15.31Practice Questions: Bank Reconciliation Statements: Updating Of Cash Books
- 15.32Practice Questions: Bank Reconciliation Statements: How To Prepare Bank Reconciliation Statements
- 15.33Practice Questions: Bank Reconciliation Statements: The Benefits And Limitations Of Preparing A Bank Reconciliation Statement
- 15.34Practice Questions: Control Accounts: Entries In Control Accounts
- 15.35Practice Questions: Control Accounts: Sales Ledger Control Accounts And Purchases Ledger Control Accounts
- 15.36Practice Questions: Control Accounts: Reconciliation Statements Between Control Account Balances And Ledger Balances
- 15.37Practice Questions: Control Accounts: The Effects On Financial Statements Of The Correction Of Errors
- 15.38Practice Questions: Control Accounts: The Benefits And Limitations Of Control Accounts
- 15.39Practice Questions: Adjustments To Draft Financial Statements: How To Calculate And Record The Adjustments Needed And The Effect On Financial Statements
- 15.40Practice Questions: Sole Traders: How To Prepare A Statement Of Profit Or Loss And Statement Of Financial Position For A Sole Trader From Full Or Incomplete Accounting Records (Trading Or Service Business)
- 15.41Practice Questions: Partnerships: How To Prepare A Statement Of Profit Or Loss, Appropriation Account And Statement Of Financial Position For A Partnership From Full Or Incomplete Accounting Records
- 15.42Practice Questions: Partnerships: Why Partners May Maintain Separate Capital Accounts And Current Accounts
- 15.43Practice Questions: Partnerships: How To Prepare Partners’ Capital And Current Accounts
- 15.44Practice Questions: Partnerships: The Contents Of A Partnership Agreement
- 15.45Practice Questions: Partnerships: The Advantages And Disadvantages To Partners Of Maintaining A Partnership Agreement
- 15.46Practice Questions: Partnerships: The Provisions Of The Partnership Act 1890 In Respect Of Partners’ Salaries, Division Of Profit Or Loss, Interest On Partners’ Loans, Interest On Capital And Interest On Drawings
- 15.47Practice Questions: Limited Companies: The Features And Accounting Treatment Of Ordinary Shares, Bonus Issues, Rights Issues, Debentures, Dividends And Reserves
- 15.48Practice Questions: Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Making A Bonus Issue Of Shares And A Rights Issue Of Shares
- 15.49Practice Questions: Limited Companies: The Advantages And Disadvantages To The Company And To The Shareholders Of A Company Issuing Shares And Issuing Debentures
- 15.50Practice Questions: Limited Companies: The Distinction Between Capital Reserves (Share Premium And Revaluation Reserve) And Revenue Reserves (Retained Earnings And General Reserve)
- 15.51Practice Questions: Limited Companies: How To Prepare Ledger Accounts To Record
- 15.52Practice Questions: Limited Companies: How To Prepare A Statement Of Profit Or Loss, Statement Of Financial Position And Statement Of Changes In Equity For A Limited Company (Trading Or Service Business)
- 15.53Practice Questions: Limited Companies: Sources Of Finance For Specified Purposes
- 15.54Practice Questions: Users Of Accounting Information: The Differing Requirements For Information Of Stakeholders
- 15.55Practice Questions: Users Of Accounting Information: How To Communicate And Analyse The Information Required By These Different Stakeholders
- 15.56Practice Questions: Calculation And Evaluation Of Ratios: How To Calculate Key Accounting Ratios To Measure Profitability, Liquidity And Efficiency
- 15.57Practice Questions: Calculation And Evaluation Of Ratios: How To Evaluate The Profitability, Liquidity And Efficiency Of An Organisation By Interpreting Ratios
- 15.58Practice Questions: Calculation And Evaluation Of Ratios: Possible Measures To Improve The Profitability, Liquidity And Efficiency Of An Organisation
- 15.59Practice Questions: Calculation And Evaluation Of Ratios: The Limitations Of Accounting Information
- 15.60Practice Questions: Materials And Labour: Accounting For Material And Labour Costs
- 15.61Practice Questions: Materials And Labour: How To Identify And Calculate Fixed Costs, Variable Costs, Semi-Variable Costs And Stepped Costs
- 15.62Practice Questions: Materials And Labour: How To Identify And Calculate The Elements Of Direct And Indirect Costs
- 15.63Practice Questions: Materials And Labour: How To Calculate The Value Of Closing Inventory Using The First In First Out (FIFO) And Weighted Average Cost (AVCO) Methods (Perpetual And Periodic)
- 15.64Practice Questions: Materials And Labour: The Principles Of Just In Time (JIT) Management Of Inventory
- 15.65Practice Questions: Costing Applications: How To Apply Traditional Costing Methods To Prepare Costing Statements Using Unit, Job And Batch Costing Principles In Both Manufacturing And Service Businesses
- 15.66Practice Questions: Absorption Costing: The Difference Between A Cost Centre And A Cost Unit
- 15.67Practice Questions: Absorption Costing: How To Allocate And Apportion Overhead Expenditure Between Production And Service Departments
- 15.68Practice Questions: Absorption Costing: How To Calculate Overhead Absorption Rates Using An Appropriate Basis
- 15.69Practice Questions: Absorption Costing: The Causes And The Calculation Of Under Absorption And Over Absorption Of Overheads
- 15.70Practice Questions: Absorption Costing: How To Prepare Costing And Profit Statements Using Absorption Costing
- 15.71Practice Questions: Absorption Costing: The Uses And Limitations Of Absorption Costing
- 15.72Practice Questions: Absorption Costing: The Usefulness Of Absorption Cost Data As A Support For Management Decision-Making
- 15.73Practice Questions: Absorption Costing: Non-Financial Factors And Their Significance
- 15.74Practice Questions: Marginal Costing: How To Calculate The Contribution Of A Product
- 15.75Practice Questions: Marginal Costing: How To Interpret A Break-Even Chart (Note: Candidates Will Not Be Asked To Prepare A Break-Even Chart)
- 15.76Practice Questions: Marginal Costing: How To Calculate The Break-Even Point, Contribution To Sales Ratio, Level Of Output Or Sales To Achieve A Target Profit, And Margin Of Safety
- 15.77Practice Questions: Marginal Costing: The Use And Limitations Of Break-Even Analysis
- 15.78Practice Questions: Marginal Costing: How To Prepare Costing And Profit Statements Using Marginal Costing
- 15.79Practice Questions: Marginal Costing: How To Prepare A Statement Reconciling The Reported Profits Using Marginal Costing And Absorption Costing
- 15.80Practice Questions: Marginal Costing: The Uses And Limitations Of Marginal Costing
- 15.81Practice Questions: Marginal Costing: The Usefulness Of Marginal Costing Data As A Support For Management Decision-Making (Including Make-Or-Buy, Special Orders, Closure Of Business Unit, Limiting Factors, Target Profit)
- 15.82Practice Questions: Marginal Costing: Non-Financial Factors And Their Significance
- 15.83Practice Questions: Cost–Volume–Profit Analysis: The Advantages And Limitations Of Cost–Volume–Profit Analysis
- 15.84Practice Questions: Cost–Volume–Profit Analysis: The Usefulness Of Cost–Volume–Profit Data As A Support For Management Decision-Making
- 15.85Practice Questions: Cost–Volume–Profit Analysis: How To Apply Costing Concepts To Make Business Decisions And Recommendations Using Supporting Data
- 15.86Practice Questions: Cost–Volume–Profit Analysis: Non-Financial Factors And Their Significance
- Mock Tests/ Mock ExamsMock Exams For Final Preparation0
- Class RecordingsClass Recordings From Previous Sessions/ Current Session For Content0
- Other MaterialOther Useful Material For Exams0
- Notes (Rearranged Version 2)Notes Arranged In A Different Style For Preparation Ease19
- 19.1Types of Business Entity
- 19.2The Accounting System
- 19.3Capital And Revenue Income And Expenditure
- 19.4Changing Asset Values
- 19.5Reconciliation And Verification
- 19.6Trial Balance
- 19.7Bank Reconciliation Statements
- 19.8Control Accounts
- 19.9Adjustments To Draft Financial Statements
- 19.10Sole Trader
- 19.11Partnerships
- 19.12Limited Companies
- 19.13Users of Accounting Information
- 19.14Calculation And Evaluation of Ratios
- 19.15Materials and Labour
- 19.16Costing Applications
- 19.17Absorption Costing
- 19.18Marginal Costing
- 19.19Cost-Volume-Profit Analysis
- Quizzes For Preparation 2Quizzes With Detailed Explained Answers And Common Mistakes Discussed In Detail 219
- 20.1Quizzes For Preparation: Types of Business Entity
- 20.2Quizzes For Preparation: The Accounting System
- 20.3Quizzes For Preparation: Capital And Revenue Income And Expenditure
- 20.4Quizzes For Preparation: Changing Asset Values
- 20.5Quizzes For Preparation: Reconciliation And Verification
- 20.6Quizzes For Preparation: Trial Balance
- 20.7Quizzes For Preparation: Bank Reconciliation Statements
- 20.8Quizzes For Preparation: Control Accounts
- 20.9Quizzes For Preparation: Adjustments To Draft Financial Statements
- 20.10Quizzes For Preparation: Sole Trader
- 20.11Quizzes For Preparation: Partnerships
- 20.12Quizzes For Preparation: Limited Companies
- 20.13Quizzes For Preparation: Users of Accounting Information
- 20.14Quizzes For Preparation: Calculation And Evaluation of Ratios
- 20.15Quizzes For Preparation: Materials and Labour
- 20.16Quizzes For Preparation: Costing Applications
- 20.17Quizzes For Preparation: Absorption Costing
- 20.18Quizzes For Preparation: Marginal Costing
- 20.19Quizzes For Preparation: Cost-Volume-Profit Analysis
- Cheat Sheet Version 219
- 21.1Types of Business Entity
- 21.2The Accounting System
- 21.3Capital And Revenue Income And Expenditure
- 21.4Changing Asset Values
- 21.5Reconciliation And Verification
- 21.6Trial Balance
- 21.7Bank Reconciliation Statements
- 21.8Control Accounts
- 21.9Adjustments To Draft Financial Statements
- 21.10Sole Traders
- 21.11Partnerships
- 21.12Limited Companies
- 21.13Users of Accounting Information
- 21.14Calculation And Evaluation of Ratios
- 21.15Materials and Labour
- 21.16Costing Applications
- 21.17Absorption Costing
- 21.18Marginal Costing
- 21.19Cost-Volume-Profit Analysis
Instructor
FAQs
Initially, you are given access to Notes (Multiple Notes Sections In Each Course), Videos (May Vary From Course To Course), Quizzes for Preparation, Cheat Sheets / Revision Sheets, Practice Questions, Extra Section (If Applicable), Paper Pattern/ Paper Preparation/ Techniques To Attempt The Paper/ Common Mistakes To Name A Few. Also, access to Sample Content and Course Related Information Sections is also provided, holding crucial details about course progress. Other sections are dripped in later as the course progresses.
Once you receive access to the course, use notes from Section 3 and attempt the Quizzes for Preparation Section 6. These quizzes serve 2 purposes. First, they allow your instructor to judge exactly where you stand and devise the best strategy moving forward. Second, they allow you to get a glimpse of the entire syllabus quickly, helping you follow the material easily later on. Please note, passing these quizzes or scoring a high mark is NOT A REQUIREMENT. Attempting them is mandatory.
Use the course forum to submit ONLY the questions you attempted WRONG in each quiz. For example, if you attempted Question 5.18, 25 wrong from Quiz Number 6.7, on the forum just write Quiz 6.7 Question 5, 18, 25. That's all.
In each quiz for preparation, you are offered the answers and explanations for each question, including why a certain answer is correct, at the end of the quiz. Use them to check which answers you attempted wrong.
As all courses are personally taught by Sir Hunain (AYLOTI), it is quite difficult to ensure that WhatsApp or any other social media communication can be provided effectively. As such, each course has a forum attached to it, which you must join at the start of the course. The forum appears in the bottom right section of the course main page once you are registered. Use the forum for all communication. Official response time on the forum is 1-2 business days.
"Section numbers are provided before each item to make it easier to refer to them. For example:
1. Section 1 is Sample Content
2. Section 2 is Course Related Information
3. Section 3 is Notes + Written Material For Contents of The Syllabus
And so on.
The items inside each section are numbered with decimals. For example, 3.12 is part of Notes + Written Material For Contents of The Syllabus.
This method makes it easier to find relevant quizzes, cheat sheets and practice questions etc. of each set of notes/ topics."
1. Section 1 is Sample Content
2. Section 2 is Course Related Information
3. Section 3 is Notes + Written Material For Contents of The Syllabus
And so on.
The items inside each section are numbered with decimals. For example, 3.12 is part of Notes + Written Material For Contents of The Syllabus.
This method makes it easier to find relevant quizzes, cheat sheets and practice questions etc. of each set of notes/ topics."
We make sure that our courses are extremely useful for the students. For each course, we offer multiple types of notes. Section 3 contains notes divided exactly per syllabus division and in complete detail. As such, these notes are extremely useful for a first-time learner learning from scratch. Notes in Section 11 are rearranged in a more learning friendly way and makes them easier for students to follow. In some courses, other Notes sections appear at the end, offering even more variations of notes for students to benefit from.
Section 5 Quizzes are to be completed DURING the course. Section 6 Quizzes For Preparation Are Preliminary quizzes to be completed at the start of the course.
The Announcements section is the formal method through which Announcements regarding the courses are sent out to registered students. They must be followed for any updates. The newest announcements are at the bottom. You may use the Load More option to open the newest announcements.
No. Our courses are complete and offer everything the students require to succeed in their exams.
No. We track usage and sharing course access is strictly prohibited.
Contact the instructor on the course forum to ensure timely reply and proper handling of your queries. Social media/ WhatsApp communication can not be guaranteed given the work load and amount of messages received daily.
It is the sales team number. Sales queries are handled through this WhatsApp account. Please note, queries of registered students are handled through course forums only.
Each course has a Sample Content section at the top providing access to numerous sample/ demo contents.
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₨123,123.00
Course Features
- Lectures 561
- Quizzes 18
- Duration 2-4 Months
- Skill level All levels
- Language English-Urdu
- Students 7
- Assessments Yes