AQA AS Accounting Unit 1: Introduction to Financial Accounting

Summary:
Student Unit Guides are perfect for revision. Each guide is written by an examiner and explains the unit requirements, summarises the relevant unit content and includes a series of specimen questions and answers.

There are three sections to each guide:

Introduction - includes advice on how to use the guide, an explanation of the skills being tested by the assessment objectives, an outline of the unit or module and, depending on the unit, suggestions for how to revise effectively and prepare for the examination questions.

Content Guidance - provides an examiner's overview of the module's key terms and concepts and identifies opportunities to exhibit the skills required by the unit. It is designed to help students to structure their revision and make them aware of the concepts they need to understand the exam and how they might analyse and evaluate topics.

Question and Answers - sample questions and with graded answers which have been carefully written to reflect the style of the unit. All responses are accompanied by commentaries which highlight their respective strengths and weaknesses, giving students an insight into the mind of the examiner.

• A revision guide specifically written to meet the requirements of the unit
  

• Written by an examiner with commentary on key points and concepts 
  

• Features specimen questions and answers, together with examiner's comments
  

Table of Contents:
Introduction
About this guide
Aims of the AS qualification
Assessment
Content Guidance
Revision techniques
Content Guidance
About this section
Purposes of accounting
Accounting records
Verification of accounting records
Trading and profit and loss accounts and balance sheets
Questions and Answers
About this section
Q1 Source documents and subsidiary books
Q2 Subsidiary books and ledger accounts
Q3 Trading and profit and loss accounts and balance sheets
Q4 The cash book
Q5 The trial balance
Q6 Verifying accounting records: correcting errors
Q7 Verifying accounting records: preparing control accounts
Q8 Verifying accounting records: bank reconciliation statements
Q9 Trading and profit and loss accounts and balance sheets
Q10 Effect of errors on profit calculations

About the Author(s):
Ian Harrison is the Chief Examiner for a major exam board and is also Principal Examiner for another major exam board.