You will be provided with Concise and Simple to understand notes for this course (Approx 50 pages) which will show you how to prepare key Financial Statements and secure a high exam grade, (FREE sample notes can be requested from "Get In Touch" page).
You will learn the key concepts of Income & Expenses and Assets & Liabilities which are the 4 cornerstones to answering:
1. Section A - Profit & Loss & Balance Sheet question (30% of exam). ATTEMPT LAST - 54 Minutes Max.
2. Section B - Interpretation of Accounts question, ALWAYS exam Q 5 (25% of exam). Do FIRST in exam.
3. Section B - Club Accounts / Accounts of a Service Firm question, exam Q 6 or 7 usually (25% of exam)
4. Section B - Published Accounts, Cashflow Statement question, exam Q 6 or 7 usually (25% of exam)
(You must attempt any 2 from the above 3 questions set in Section B however Q.5 is a banker)
Section C - Management Accounting - Costing & Budgeting will for Q 8 & Q 9 in the exam. You do 1 ONLY.
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