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ZIMSEC · A Level · Syllabus 6001

Accounting

9 topics9 with notes

Cambridge O Level ZIMSEC A Level Cambridge A Level
Upper 6Writing A Level finals this year?Revision mode: every Accounting past paper by year, with marking schemes, and a checklist of the whole syllabus.
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Form 5 · Lower 6 3 topics

  1. Accounting concepts and the conceptual framework Financial statements give useful information to investors, lenders, suppliers, employees, government (ZIMRA) and the public. Zimbabwe follows International Financial Reporting Standards (IFRS) for companies. Notes 1 PDF
  2. Partnership accounts Sets out capital, profit-sharing ratio, interest on capital and drawings, salaries and the procedure for admission or retirement. Without an agreement, profits are shared equally, with no interest on capital or salaries. Notes 1 PDF
  3. Limited company accounts Loan notes (debentures) are long-term borrowings; interest is an expense, paid whether or not the company makes a profit. Notes 1 PDF

Form 6 · Upper 6 1 topicsExam year

  1. Statement of cash flows A statement of cash flows explains changes in cash and cash equivalents, under three headings (IAS 7). Notes 1 PDF

Form 5 · Lower 6 2 topics

  1. Ratio analysis and interpretation Based on historical data, affected by different accounting policies and inflation, may be distorted at the year end, and ignore non-financial factors. Notes 1 PDF
  2. Manufacturing accounts and inventory valuation Inventory is valued at the lower of cost and net realisable value. Notes 1 PDF

Form 6 · Upper 6 3 topicsExam year

  1. Costing: marginal and absorption costing Only variable costs are charged to units; fixed costs are period costs. Notes 1 PDF
  2. Budgeting and standard costing Financial plans for a future period: sales, production, purchases, labour, cash and master budgets. Notes 1 PDF
  3. Capital investment appraisal Investment appraisal helps choose between long-term projects. Notes 1 PDF