Section 1 Topics (Cambridge International A-Level Accounting)
Exam board Cambridge International · A-LevelUpdated 2026-04-09
Financial accounting (AS) topics
- The table below shows the topics from the syllabus
- You can find which revision notes explain each topic
| Specification reference | Relevant revision notes |
|---|---|
| 1.1 Types of business entity | |
| 1.1.1 Types of business entity | - Sole Traders, Partnerships & Limited Companies - Sources of Finance |
| 1.2 The accounting system | |
| 1.2.1 The accounting system | - The Accounting Process - Transactions with Cash, Credit & Discounts - Books of Prime Entry - The Ledger - The Accounting Equation - The Double Entry System - Double Entry for Sale Transactions - Double Entry for Purchase Transactions - Double Entry for Dishonoured Cheques - Double Entry for Refunds - Double Entry for Other Transactions - Balancing Accounts - The Cash Book - Interpreting Accounts and Their Balances - Transferring Balances at the End of an Accounting Period - Accounting Concepts - Computerised Accounting Systems - Full & Incomplete Records |
| 1.3 Accounting for non-current assets | |
| 1.3.1 Capital and revenue income and expenditure | - Capital & Revenue Expenditure - Capital & Revenue Income - Effects of Incorrect Treatment of Expenditure & Income |
| 1.3.2 Changing asset values | - Introduction to Depreciation - Straight-Line Method of Depreciation - Reducing Balance Method of Depreciation - Revaluation Method of Depreciation - Provision for Depreciation - Profit or Loss on a Sale of a Non-Current Asset - Disposal Account - Journal Entries for Non-current Assets - Matching Costs & Revenues - Accrued & Prepaid Expenses - Accrued & Prepaid Incomes - Amount Due & Amount Paid/Received - Expense Accounts with Accruals & Prepayments - Income Accounts with Accruals & Prepayments - Irrecoverable Debts - Allowance for Irrecoverable Debts |
| 1.4 Reconciliation and verification | |
| 1.4.1 Reconciliation and verification | - Methods of Reconciliation & Verification |
| 1.4.2 Trial balance | - The Trial Balance - Types of Errors - Correction of Errors Using Journal Entries - Omission, Original Entry, Reversal, Commission, Principle & Compensating Errors - The Suspense Account - Impact of Errors on Profit & Financial Position |
| 1.4.3 Bank reconciliation statements | - Using a Bank Statement to Update the Cash Book - Bank Reconciliation Statements |
| 1.4.4 Control accounts | - Sales Ledger Control Accounts - Purchases Ledger Control Accounts - Reconciliation Statements Between Control & Ledger Accounts - Impact of Errors on Profit & Financial Position |
| 1.5 Preparation of financial statements | |
| 1.5.1 Adjustments to draft financial statements | - Adjustments for Depreciation - Adjustments for Allowances for Irrecoverable Debts - Adjustments for Accrued & Prepaid Expenses - Adjustments for Accrued & Prepaid Income - Adjustments for Inventory Valuation - Adjustments to Financial Statements |
| 1.5.2 Sole traders | - Statement of Profit or Loss - Statement of Financial Position - Statement of Affairs - Calculating Values using Control Accounts - Calculating Values using Accounting Ratios |
| 1.5.3 Partnerships | - Partnership Agreement & Partnership Act 1890 - Statement of Profit or Loss - Appropriation Account - Capital & Current Accounts - Statement of Financial Position |
| 1.5.4 Limited companies | - Share Capital & Reserves - Ordinary Shares & Debentures - Rights & Bonus Issues - Statement of Profit or Loss - Statement of Changes in Equity - Statement of Financial Position - Journal Entries for Equity Accounts |
| 1.6 Analysis and communication of accounting information | |
| 1.6.1 Users of accounting information | - Stakeholders |
| 1.6.2 Calculation and evaluation of ratios | - Profitability Ratios - Liquidity Ratios - Efficiency Ratios - Evaluating Profitability, Liquidity & Efficiency - Limitations of Accounting Information |
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