Paper structure (Higher and Ordinary Level)

Total marks 400

Section 1 – 120 marks

This section contains four financial accounting questions. Students are required to answer Question 1 for 120 marks or two from three other questions (60 marks each). Question 1 can be the final accounts of a company, manufacturing company, departmental company or a sole trader. Previous 60-mark questions have included:

• Depreciation

• Revaluation of fixed assets

• Debtors and creditors control accounts

• Correction of errors

• Published accounts

• Club accounts

• Service firm accounts

• Farm accounts

• Incomplete records

• Cash flow statements

• Tabular statements

• Sole trader departmental account

Section 2 – 200 marks

This section contains three 100-mark financial accounting questions. Students are required to answer two of these questions. Question 5 has always been interpretation of accounts. Previous topics for Questions 6 and 7 have included:

• Correction of errors

• Published accounts

• Club accounts

• Service firm accounts

• Incomplete records

• Cash flow statements

• Tabular statements

Section 3 – 80 marks

This section contains two management accounting questions. Students are required to answer one of these questions. These questions are on costing and budgeting.