Accounting 9706 paper 1---past papers: Solved and Explained

Accounting 9706 paper 1---past papers: Solved and Explained

Nowadays, you can find huge amounts of material online to help you with your studies for any subject. A level past papers are available and can be easily downloaded along with their mark schemes. Despite all the help, majority of you guys only get around 15 questions right in your 9706 paper one. The objective of this course is not to simply provide you with the solved questions alone but to guide you in identifying your weak areas so that you can focus on them more.

Theme of the course

Practice and even more practice will make it plain sailing.

Take a step towards

· improving speed and accuracy

· better time management

· reducing confusion

· understanding the bits and pieces of structured questions

Paper one ----- the building blocks of structured questions

I personally believe that better preparation for paper one makes the papers with structured questions lot easier. These 30 questions can be from anywhere from the syllabus but they definitely cover the most important topics. Depreciation based on straight line method and reducing balance method with different scenarios, accruals and prepayments, disposal of assets with calculation of profit or loss on their sale, suspense account with error corrections to find the opening balance and the list goes on. Folks, my point is that these questions are the components of structured questions which require calculations. Once you learn to understand and figure out the questions, you will build enough confidence and will do great on all the papers.

Contents and overview

Following are the papers included in this preparatory course for year 2020:

• 9706-m20-qp-12

• 9706-s20-qp-11

• 9706-s20-qp-12

• 9706-w201p-11

• 9706-w20-qp-12

• 9706-w20-qp-13

Note about 9706-s20-qp-13: 9706-s20-qp-11 and 9706-s20-qp-13 are identical and that’s why p13 is not in the list.

Following are the papers included in this preparatory course for year 2019:

• 9706-m19-qp-12

• 9706-s19-qp-11

• 9706-s19-qp-12

• 9706-s19-qp-13

• 9706-w19-qp-11

• 9706-w19-qp-12

• 9706-w19-qp-13

I have divided the videos for each paper into 3 parts. Part one consists of questions 1 to 11 or 12 and in most cases these questions cover accounting concepts, depreciation, non-current assets, control accounts, trial balance and suspense account, bank reconciliation, accruals and prepayments, provision for doubtful debts, error correction, revenue expenditure and capital expenditure, payment received in advance and sole proprietors. Part 2 starts from question 12 or 13 and goes all the way to 20. These questions test your knowledge of partnerships and company accounts. In partnership accounts, you definitely get a chance to work on goodwill, appropriation of profit, admission and retirement of a partner, capital and current accounts, revaluation and realization accounts. As far as limited companies are concerned, expect to see questions about dividends, rights issue, bonus shares, types of shares, return on capital employed and other ratios. Part 3 covers the topics of management accounting in the last 10 questions of the paper. These questions assess your familiarity with inventory costing methods, cost classification, overhead absorption, marginal costing, absorption costing, contribution and margin of safety, cost volume profit analysis and budgeting most of the time.

This course goes at a fairly good pace and ideally you should mark the topics that you are weak in and then revise them. I have tried to explain almost every question and have used power point slides for quite a few of them as well and you can download those files.

By the time you are done with these papers, you will definitely have improved your ability to understand and figure out the questions, increased your speed and accuracy and would feel more confident solving questions on your own.

Fellas, my own goal is to help you get 25 or more questions right in your exams and it is not difficult at all.

A Level Accounting 9706 paper1 past papers with Wasif Perwaz

Url: View Details

What you will learn

• Improve your ability to better understand and figure out the questions
• Solve questions with confidence, get rid of guessing and confusion
• Get a good grip on the building blocks of questions with structured questions

Rating: 5

Level: Intermediate Level

Duration: 13 hours

Instructor: Wasif Perwaz