Accounting — A-Level

Cambridge International A-Level Accounting — A-Level Revision Notes

Exam code:9706

Choose a topic to read concise revision notes — 159 notes across 17 subtopics, with examiner tips and worked examples.

1. Financial accounting (AS Level)

· 41 notes

1Types of business entity2 notes
- Sole Traders, Partnerships & Limited Companies
- Sources of Finance
2The accounting system4 notes
3Accounting for non-current assets11 notes
4Reconciliation and verification6 notes
5Preparation of financial statements13 notes
6Analysis and communication of accounting information5 notes

2. Cost and management accounting (AS Level)

· 14 notes

1Costs and cost behaviour2 notes
- JIT (Just In Time) Management of Inventory
- Types of Costs
2Traditional costing methods12 notes

3. Financial accounting (A Level)

· 20 notes

4. Cost and management accounting (A Level)

· 11 notes

1Activity based costing (ABC)1 note
2Standard costing2 notes
- Advantages & Disadvantages of Standard Costing
- Introduction to Standard Costing
3Budgeting and budgetary control2 notes
- Budgets
- Cost and Profit Reconciliation
4Investment appraisal6 notes

Not yet anchored to a spec point

These notes exist in the corpus without a machine-readable specification anchor — the spec-point mapping (still in progress upstream) will slot them into the tree.

Introduction to Activity Based Costing
Uses & Limitations of Activity Based Costing
Cash Budgets
Flexible Budgets
Master Budget
Sales, Production & Purchases Budgets
Trade Receivables & Trade Payables Budgets
Direct Labour Variances
Direct Material Variances
Fixed Overhead Variances & Sub-variances
Sales Variances
The Course
Investment Ratios (Stock Exchange Ratios)
Other Ratios
Solvency Ratios
Financial Statements after an Acquisition or a Merger
Manufacturing Account
Statement of Financial Position
Dissolution of a Partnership
Financial Statements with Changes in the Year
Goodwill
Introduction of a New Partner
Realisation Account
Retirement of an Existing Partner
Revaluation Account
Section 3 Topics
Schedule of Non-current Assets
Statement of Cash Flows
Unit, Job & Batch Costing
Management Decision-Making
Uses & Limitations of Marginal Costing
AVCO (Weighted Average Cost) Method
FIFO (First In First Out) Method
Section 2 Topics
Accrued & Prepaid Expenses
Accrued & Prepaid Incomes
Allowance for Irrecoverable Debts
Amount Due & Amount Paid/Received
Expense Accounts with Accruals & Prepayments
Income Accounts with Accruals & Prepayments
Irrecoverable Debts
Matching Costs & Revenues
Limitations of Accounting Information
Share Capital & Reserves
Statement of Changes in Equity
Statement of Financial Position
Statement of Profit or Loss
Appropriation Account
Statement of Financial Position
Statement of Profit or Loss
Calculating Values using Accounting Ratios
Calculating Values using Control Accounts
Statement of Affairs
Section 1 Topics
Bank Reconciliation Statements
Impact of Errors on Profit & Financial Position
Purchases Ledger Control Accounts
Sales Ledger Control Accounts
The Trial Balance
Using a Bank Statement to Update the Cash Book
Accounting Concepts
Balancing Accounts
Transactions with Cash, Credit & Discounts
Double Entry for Dishonoured Cheques
Double Entry for Other Transactions
Double Entry for Purchase Transactions
Double Entry for Refunds
Double Entry for Sale Transactions
Interpreting Accounts and Their Balances
The Accounting Equation
The Cash Book
The Ledger
Transferring Balances at the End of an Accounting Period