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ACCA 1.1 Preparing Finacial Statments Exam Tips June 2006

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Mariam - 21 May 2006, 06:39 am
Paper 1.1 PFS Tips – June 2006

SECTION A (50 %)
25 Multiple choice questions
Will cover all areas of the syllabus

SECTION B (50%)
Longer questions – will include theory and computational questions.
Five compulsory questions will need to be attempted. Each question will carry between 8 and 12 marks,
Preparation final accounts of a partnership/ company
Correction of errors and suspense accounts
Cash Flow Statements
Ratios and interpretation
Accounting theory, Concepts & Standards

from here.