Upload
vudung
View
355
Download
2
Embed Size (px)
Citation preview
Macmillan Education
4 Crinan Street, London, N1 9XW
A division of Macmillan Publishers Limited
Companies and representatives throughout the world
www.macmillan-caribbean.com
ISBN 978-0-230-48209-8© Caribbean Examinations Council (CXC®) 2017 www.cxc.org
www.cxc-store.com
The author has asserted their right to be identified as the author of this work in accordance with the
Copyright, Design and Patents Act 1988.
First published 2014
This revised edition published 2017
Permission to copy
The material in this book is copyright. However, the publisher grants permission for copies to be
made without fee. Individuals may make copies for their own use or for use by classes of which they
are in charge; institutions may make copies for use within and by the staff and students of that
institution. For copying in any other circumstances, prior permission in writing must be obtained
from Macmillan Publishers Limited. Under no circumstances may the material in this book be used,
in part or in its entirety, for commercial gain. It must not be sold in any format.
Designed by Macmillan Publishers Limited
Cover design by Macmillan Publishers Limited and Red Giraffe
CSEC® Principles of Accounts Free Resources
LIST OF CONTENTS
CSEC® Principles of Accounts Syllabus Extract 4
CSEC® Principles of Accounts Syllabus 5
CSEC® Principles of Accounts Specimen Papers ŀƴŘMark {ŎƘŜƳŜǎκYŜȅǎ
01239010/SPEC нлмт YŜȅ
01239032/SPEC 20мт tŀLJŜNJ тф01239020/SPEC нлмт YŜȅ ŀƴŘ aŀNJƪ {ŎƘŜƳŜ 10101239020/Y SPEC 20мт tŀLJŜNJ 114
л1239032/Y SPEC 20мт YŜȅ 128
132
CSEC® Principles of Accounts Subject Reports
2004 (January) Subject Report 134
2004 (June) Subject Report 142
2005 (January) Subject Report 149
2006 (June) Subject Report 157
2007 (January) Subject Report 169
2007 (May/June) Subject Report 176
2008 (January) Subject Report 191
2008 (May/June) Subject Report 199
2009 (January) Subject Report 213
2009 (May/June) Subject Report 223
2010 (January) Subject Report 236
2010 (May/June) Subject Report 246
лмнофлонκY {t9/ нлмт aŀNJƪ {ŎƘŜƳŜ
01239010/SPEC 20мт tŀLJŜNJ 76
60
2011 (January) Subject Report 261
2011 (May/June) Subject Report 2то
2012 (January) Subject Report 391
2012 (May/June) Subject Report 302
2013 (January) Subject Report 317
2013 (May/June) Subject Report 330
2014 (May/June) Subject Report 345
2015 (January) Subject Report 360
2015 (May/June) Subject report 374
CSECÈ Principles of Accounts Syllabus Extract Principles of Accounts is a course of study that provides an introduction to the principles
and techniques that accountants employ in measuring, processing, evaluating and
communicating information about the financial performance and position of a business.
This CSEC® Principles of Accounts Syllabus helps students to develop an understanding
of a range of theoretical and practical techniques used in Accounting. It also helps to
develop skills that should enable them to participate more effectively and responsibly in
today’s business and technology-based environment, to improve the management of
personal financial activities, such as, budgeting, savings and investment. In addition, this
course prepares students for post-secondary and professional studies and entry level
employment in Accounting.
The syllabus is arranged in 11 Sections consisting of specific objectives and related
content.
• Section 1 Accounting as a Profession
• Section 2 Accounting as a System
• Section 3 Books of Original Entry
• Section 4 Ledgers and the Trial Balance
• Section 5 The Preparation and Analysis of Financial Statements of the Sole Trader • Section 6 Accounting Adjustments
• Section 7 Control Systems
• Section 8 Accounting for Partnerships
• Section 9 Accounting for Limited Liability Companies Co-Operatives and Non-Profit Organisations
• Section 10 Manufacturing and Inventory Control
• Section 11 Accounting for the Entrepreneur
SYLLABUS
PRINCIPLES OF ACCOUNTS
CXC 10/G/SYLL 17
Caribbean Secondary Education Certificate®
Effective for examinations from May–June 2019
CXC 10/G/SYLL 17
Correspondence related to the syllabus should be addressed to: The Pro-Registrar Caribbean Examinations Council Caenwood Centre 37 Arnold Road, Kingston 5, Jamaica Telephone Number: + 1 (876) 630-5200 Facsimile Number: + 1 (876) 967-4972 E-mail Address: [email protected] Website: www.cxc.org Copyright ©2017 by Caribbean Examinations Council Prince Road, Pine Plantation Road, St Michael BB11091
CXC 10/G/SYLL 17
Content
RATIONALE ............................................................................................................................................................ 1
AIMS…. .................................................................................................................................................... 1
GENERAL OBJECTIVES............................................................................................................................ 2
SKILLS AND ABILITIES TO BE ASSESSED ................................................................................................... 2
ORGANISATION OF THE SYLLABUS ........................................................................................................ 3
RECOMMENDED TEACHING APPROACHES ............................................................................................. 3
SUGGESTED TIMETABLE ALLOCATION .................................................................................................... 4
CERTIFICATION ........................................................................................................................................ 4
DEFINITION OF PROFILE DIMENSIONS .................................................................................................... 4
FORMAT OF THE EXAMINATIONS ........................................................................................................... 5
WEIGHTING OF THE EXAMINATION COMPONENTS ............................................................................... 6
REGULATIONS FOR PRIVATE CANDIDATES ............................................................................................. 6
REGULATIONS FOR RESIT CANDIDATES .................................................................................................. 6
REGULATIONS FOR THE JANUARY SITTING ............................................................................................. 6
SECTION 1: ACCOUNTING AS A PROFESSION ......................................................................................... 7
SECTION 2: ACCOUNTING AS A SYSTEM ................................................................................................. 9
SECTION 3: BOOKS OF ORIGINAL ENTRY .............................................................................................. 12
SECTION 4: LEDGERS AND THE TRIAL BALANCE ................................................................................... 15
SECTION 5: THE PREPARATION AND ANALYSIS OF FINANCIAL STATEMENTS OF THE SOLE TRADER ... 17
SECTION 6: ACCOUNTING ADJUSTMENTS ............................................................................................ 19
SECTION 7: CONTROL SYSTEMS ............................................................................................................ 21
SECTION 8: ACCOUNTING FOR PARTNERSHIPS .................................................................................... 23
CXC 10/G/SYLL 17
SECTION 9: ACCOUNTING FOR LIMITED LIABILITY COMPANIES CO-OPERATIVES AND NON-PROFIT ORGANISATIONS ..................................................................................................... 25
SECTION 10: MANUFACTURING AND INVENTORY CONTROL ............................................................... 27
SECTION 11: ACCOUNTING FOR THE ENTREPRENEUR .......................................................................... 29
GUIDELINES TO TEACHERS FOR THE CONDUCT OF THE SCHOOL-BASED ASSESSMENT IN BUSINESS STUDIES (PRINCIPLES OF ACCOUNTS, PRINCIPLES OF BUSINESS AND ECONOMICS) ...... 31
GUIDELINES TO TEACHERS FOR THE ALTERNATIVE TO SCHOOL-BASED ASSESSMENT ........................ 36
FORMULAE ............................................................................................................................................ 37
GLOSSARY OF ACCOUNTING TERMS ..................................................................................................... 38
GLOSSARY OF EXAMINATION TERMS ................................................................................................... 48
CXC 10/G/SYLL 17
The Principles of Accounts Syllabus (CXC 10/G/SYLL 17) was revised in 2016 for first examination in 2019.
Teaching is expected to commence on the revised syllabus in September 2017.
Revised 1990, 1998, 2006 and 2017
Please check the website, www.cxc.org for updates on CXC®’s syllabuses.