Recording Financial Transactions (INT)
(b)
(iii) bank reconciliation statement
RELEVANT TEXTS
Control accounts
There are a number of sources from which you can obtain a series
(i)
different types of errors
of materials written for the ACCA CAT examinations. These are
(ii)
correction of errors (including journals)
listed below:
(iii) reconciliation of control account with ledger: receivables ledger, payables ledger (c)
ACCA's approved publishers:
The trial balance (i)
initial trial balance
BPP Learning Media
(ii)
identification of errors
Contact number: +44(0)20 8740 2222
(iii) suspense accounts
Website: www.bpp.com
EXCLUDED TOPICS
Kaplan Publishing
The following topics are specifically excluded from Paper 1:
Contact number: +44(0)118 989 0629
• detailed knowledge of sales tax
Website: www.kaplanpublishing.co.uk
• allowances for receivables • foreign currency transactions
Additional reading:
• preparation of financial statements Accountancy Tuition Centre (ATC) KEY AREAS OF THE SYLLABUS
International
The key topic areas are as follows:
Contact: ronniesmith@atc-global.com
• sales
Website: www.atc-global.com
• purchases • receipts
Candidates may also find the following texts useful although they
• payments
should be aware that these are based on UK accounting standards:
• petty cash • bank reconciliations
Wood, Frank and Robinson, Sheila. Bookkeeping and Accounts
• control accounts
(Pitman Publishing: 4th edition) – Sections 1, 2 and 3
• the trial balance.
ISBN: 0273646192
APPROACH TO EXAMINING THE SYLLABUS
Cox, David and Fardon, Michael. Cash and Credit Accounting –
The examination is a two-hour paper. It can be taken as a written
NVQ Level 2 Accounting (Osborne Books)
paper or as a computer based exam. Assessment will be based on
This is a tutorial and workbook.
multiple choice questions covering the breadth of the syllabus,
ISBN: 1872962033
testing that candidates have acquired the necessary knowledge of the areas identified above.
Whitehead, Geoffrey. Bookkeeping (Made Simple Books, Butterworth No. of marks
50 multiple choice questions:
& Heinemann) –Chapters 1 to 10
100 Wider reading is also desirable, especially regular study of relevant articles in ACCA’s student accountant magazine.
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