Maintaining Financial Records and Preparing Accounts Revision

agg25
agg25 Registered Posts: 20 New contributor 🐸
Hi Everyone does anyone have a rough list of the topics that tend to come up in this exam and the rough order they come up in on the exam?

Many Thanks

Adam

Comments

  • sdv
    sdv Registered Posts: 585 Epic contributor 🐘
    Topics

    Depreciation
    Provisio for Depreciation
    Disposal Account
    Bad Debts
    Provision for Bad Debts
    Accruals
    Prepayments
    Error
    Journals
    Control Accounts
    Partnership Capital Accounts
    Partnership Current Account
    Profit & Loss Appropriation account
    Goodwill
    Introdution / Retirement of a partner
    Retired partner leaving part of his caital as a loan in the partnership
    Extended Trial Balance
    Profit & Loss Account
    Balance Sheet

    SSAP 5 - VAT
    SSAP9 - Stock
    FRS15 - Fixed Asset / Depreciation
    FRS18 - Reliable, Relevent, Comparable, Understandable, concepts; Accruals, going concern, Marginality


    Exam Section 1

    Incomplete Records (Sole trader or a Partnership)
    Control Accounts - SLCA, PLCA, VAT, Wages, Expenses
    Depreciation / Prov For Dep
    Disposal Account
    Accruals / Prepayments
    Bad debts
    Trial Balance

    Exam Section 2

    Errors
    at least 5 Jounals
    Disposal Account
    Accruals / Prepayments
    Provision for Bad debts
    Extended TB
    Goodwill
    Partnership Current a/c
    P&L
    P&L Appropriation
    Balance Sheet
  • Dipak Thanki
    Dipak Thanki Registered Posts: 135 Dedicated contributor 🦉
    sdv wrote: »
    Topics

    Depreciation
    Provisio for Depreciation
    Disposal Account
    Bad Debts
    Provision for Bad Debts
    Accruals
    Prepayments
    Error
    Journals
    Control Accounts
    Partnership Capital Accounts
    Partnership Current Account
    Profit & Loss Appropriation account
    Goodwill
    Introdution / Retirement of a partner
    Retired partner leaving part of his caital as a loan in the partnership
    Extended Trial Balance
    Profit & Loss Account
    Balance Sheet

    SSAP 5 - VAT
    SSAP9 - Stock
    FRS15 - Fixed Asset / Depreciation
    FRS18 - Reliable, Relevent, Comparable, Understandable, concepts; Accruals, going concern, Marginality


    Exam Section 1

    Incomplete Records (Sole trader or a Partnership)
    Control Accounts - SLCA, PLCA, VAT, Wages, Expenses
    Depreciation / Prov For Dep
    Disposal Account
    Accruals / Prepayments
    Bad debts
    Trial Balance

    Exam Section 2

    Errors
    at least 5 Jounals
    Disposal Account
    Accruals / Prepayments
    Provision for Bad debts
    Extended TB
    Goodwill
    Partnership Current a/c
    P&L
    P&L Appropriation
    Balance Sheet

    Thanks! I was looking for something like this :)
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