Home For AAT student members AQ 2013 AAT Level 3 (Level 6 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Accounts Prep AP1 - Accruals & Prepayments

Adele69Adele69 CambridgeAAT Student Posts: 320
Is there any online resource which explains this topic well?

I've been through the BPP chapter on it, and thought I picked up a bit of it, at least knowing which were asset and liabilities, which reduced and which increased the income or expense account (that was a couple of weeks or so).

I still need to go through revision properly, and now know this will be the main topic to focus on as I just tried going through the AAT elearning module on it and got every question wrong, until I abandoned it, no point getting more depressed than already am. All the other elearning modules in AP1 were pretty easy

Edit: Looks like the AP1 webinar focusses on this area, or part of it and the financial statements, suppose that's something
Sign In or Register to comment.