Summary Lesson 1: Introduction to IAL accounting

Edexcel IAL Accounting unit 1
O The Accounting System and Costing (WAC11)
O Written examination: 3 hours
O Section A : Two questions (55x2)
O Section B : Three questions out of four (30x3)
O Availability: January, June and October




Anuradha Senadheera 1

, syllabus
O 1. Principles of accounting and double entry
bookkeeping
O 2. Control procedures
O 3. Financial statements of organisations
O 4. Introduction to costing
O 5. Analysis of accounting statements
O 6. Social and ethical accounting.




Anuradha Senadheera 2

, What is Accounting




Anuradha Senadheera 3