Specification
The A2 Accounting – Unit 2 – represents 50 per cent of Advanced GCE. The AS unit will assess the knowledge, understanding and skills expected of students who have completed the first half of the full Advanced GCE course.
Subject Code: WAC12
Paper Details: Unit 2 paper is of 3 hrs and is divided into two Sections to enable an appropriate range and style of questions to be presented. Section A will contain two questions, of which candidates will be required to attempt both. Section B will contain four questions, of which candidates will be required to attempt three questions. Each question in Section A will be allocated 55 marks and each question in Section B will be allocated 30 marks. In total 200 marks is allocated which will be converted to 300 marks for grading.
Grading Policy: Candidates will be awarded from A* - G grade according to the following grade boundary. A* at 270, A at 240, B at 210, C at 180, D at 150 and G below 150.
Syllabus
- Public Limited Company
- Cash Flow Statement
- Share Issue
- Project Appraisal
- Marginal & Absorption Costing
- Break Even Analysis
- Standard Costing & Variance Analysis
- Investment Ratio
- Merger or Takeover of Business
- Cash Budget
- Inventory Budget
- Flexible Budget
- Master Budget
- Limiting Factor
- Information & Communication Technology (ICT) in Accounting