Specification
The AS Accounting – Unit 1 – 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: WAC11
Paper Details: Unit 1 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
- Accounting Concepts Principle
- Capital & Revenue Expenditure
- Non Current Asset & Depreciation
- Bad Debts & Provision for Doubtful debts
- Inventory Valuation
- Control Account
- Suspense & Errors
- Ratio Analysis
- Labour Costing
- Job Costing
- Overhead Distribution
- Sole Tradership - Final Account
- Departmental Business
- Manufacturing Business
- Non Profit Organization
- Partnership Business
- Incomplete Records – Single Entry
- Social & Ethical Accounting
- Information & Communication Technology (ICT) in Accounting