Accounting AS & A2
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Accounting AS & A2
Accounting tips and wider reading
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How to use Scoop.it!

How to use Scoop.it! | Accounting AS & A2 | Scoop.it

Here you will find a collection of resources and links to other websites for AS & A2 Accounting.

By all means scroll through the webpage and read the articles relevant to your exam - i.e. ACCN1 for AS unit 1.

 

However, I recommend using the filter section to minimise your search. This will allow you to find all the Bank Reconciliation articles for example or all those discussing ACCN2. 

 

By all means suggest or request topics to be covered: http://ask.fm/WNCbusiness

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The 10 Worst Accounting Scandals of All Time

The 10 Worst Accounting Scandals of All Time | Accounting AS & A2 | Scoop.it
We take a look at the who, what, when and how of the greatest corporate accounting scandals of all time.
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How does Tesco's accounting 'scandal'  compare........... It's not even on the same scale!! 

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Tesco was warned in 2010 about 'aggressive accounting'

Tesco was warned in 2010 about 'aggressive accounting' | Accounting AS & A2 | Scoop.it
Investors want accounting crisis to be a moment for fundamental review.
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"Tesco has a more aggressive policy than its peers with regard to revenue recognition, depreciation, property-profit allocation.'


1. Why did Tesco use this strategy?

2. What have been the implications?

 
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Free Glossary of Accounting Terms and Definitions

Free Glossary of Accounting Terms and Definitions | Accounting AS & A2 | Scoop.it
Need to understand something? Check out this expansive glossary that includes hundreds of accounting terms, and easy-to-understand definitions.

Via Peter John Baskerville
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Explaining accounting videos

Explaining accounting videos | Accounting AS & A2 | Scoop.it
A Basic insight into the world of Accounting, Types, Principles and Costing Techniques.

Via Peter John Baskerville, sandra masson
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Peter John Baskerville's curator insight, December 17, 2013 5:09 AM

16 videos covering a Basic insight into the world of Accounting, Types, Principles and Costing Techniques.

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FAQ Basic Accounting Concepts

This e-book is a guide and reference resource for students of accounting (and its subsidiary, bookkeeping). In simple language, it explains the basic accounting concepts and why they are important in the process and application of accounting and bookkeeping.

Basically, the mechanics of accounting is little more than adding and subtracting figures, and sometimes applying a percentage. So, it is not usually the maths of accounting that students find difficult to grasp. Rather, it is the WHY of accounting.

This book compiles answers provided by Peter Baskerville to questions about the WHY of basic accounting. It is designed as a learning resource that users can ‘dip in and out of’ as they seek answers to specific questions, rather than as a book to be read sequentially from cover to cover. As a result, there is some necessary repetition to ensure answers to all questions are contained and comprehensive.

Peter has taught bookkeeping and accounting for many years at a technical college, and has first-hand experience in helping students to understand basic accounting concepts. 

Peter explains the background and first principles that underpin each concept. The answers are grouped and ordered according to the standard learning process in accounting, but their focus is on the WHY: why accounting and bookkeeping operate as they do. 

WNCBusiness's insight:

Worth a look! Although all content should be covered in our core textbook.

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Extremely helpful accounting blog!

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Help for introductory accounting courses. Helpful for Accounting units such as AQA: -  ACCN1, ACCN2, ACCN3, ACCN4.

 

Navigate via the blog archive on the right hand sidebar.

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ACCN1-ACCN2: Book-keeping revision resource

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Double-entry

Income Statement

Bank Reconciliation

General Ledger

Contra Entries

Glossary of Terms

Source Documents

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ACCN3: Financial Accounting-Inventories

A video summary of chapter 6 in Perdisco's Financial Accounting 360Textbook and including the Inventory fundamentials, Inventory costing methods, Valuing inventory at other than cost.


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ACCN1 & ACCN2: A series of notes on financial statements

ACCN1 & ACCN2: A series of notes on financial statements | Accounting AS & A2 | Scoop.it

A comprehensive series of notes that looks at the balance sheet and profit and loss account, providing definitions and associated theories.


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ACCN2: Introduction to Sources of Finance

ACCN2: Introduction to Sources of Finance | Accounting AS & A2 | Scoop.it

For many businesses, the issue about where to get funds from for starting up, development and expansion can be crucial for the success of the business. It is important, therefore, that you understand the various sources of finance open to a business and are able to assess how appropriate these sources are in relation to the needs of the business. This article by Biz/ed covers them all in great detail.


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ACCN3: Breakeven Analysis - Quick Quiz

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Tutor2u Business has lots of appropriate Accounting and Finance activities and revision materials.

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Serious Fraud Office starts Tesco criminal investigation

Serious Fraud Office starts Tesco criminal investigation | Accounting AS & A2 | Scoop.it
The Serious Fraud Office is carrying out a criminal investigation into accounting irregularities at supermarket giant Tesco.
WNCBusiness's insight:

The scandal continues.....

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Global firms 'need new tax rules'

Global firms 'need new tax rules' | Accounting AS & A2 | Scoop.it
Moves to tackle corporate tax avoidance on a global scale are unveiled by the Organisation for Economic Co-operation and Development (OECD).
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27 YouTube podcasts to help learn Accounting

27 YouTube podcasts to help learn Accounting | Accounting AS & A2 | Scoop.it
Video podcasts with tips, approaches and essential content in learning Accounting.

Via Peter John Baskerville
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ACCN3: Revision Presentation - Breakeven Analysis

This revision presentation provides an introduction to the concept of breakeven
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Basic principles of double entry bookkeeping

3min competition entry for AAT bookkeeping video competition http://bit.ly/m3lTBv (3mins... because that's what is says in terms and conditions..Talk about f...

Via sandra masson
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ACCN1: Introduction to The Balance Sheet

This video series is for those new to account­ing or indi­vid­u­als who just want to know a lit­tle more about account­ing basics. That is my tar­get audienc...

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ACCN1: A student worksheet on Suspense Accounts in Accounting.

A worksheet from Biz/ed to help students understand suspense accounts. This worksheet deals with:

1 - Errors not revealed by the trial balance
2 - Errors which are revealed by the trial balance
3 - The principle of suspense accounts
4 - Correction of errors using the journal
5 - Calculating the corrected net profit


Via Peter John Baskerville
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Peter John Baskerville's curator insight, April 12, 2013 6:03 PM

A very useful worksheet for a very difficult area of accounting.

Carlyle Johnson's curator insight, May 23, 2013 10:56 PM

....

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ACCN1-ACCN2: Revision notes

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Doubtful Debts

Prepaid Expenses

Bad Debts

Ratio Analysis

Stakeholders

Accounting Concepts

 

 

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ACCN2: Accounting concepts & conventions

ACCN2: Accounting concepts & conventions | Accounting AS & A2 | Scoop.it
In drawing up accounting statements, whether they are external "financial accounts" or internally-focused "management accounts", a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation.

The theory of accounting has, therefore, developed the concept of a "true and fair view". The true and fair view is applied in ensuring and assessing whether accounts do indeed portray accurately the business' activities.

To support the application of the "true and fair view", accounting has adopted certain concepts and conventions which help to ensure that accounting information is presented accurately and consistently.


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ACCN1, ACCN2 & ACCN3: Financial Accounting - teaching/learning resources

ACCN1, ACCN2 & ACCN3: Financial Accounting - teaching/learning resources | Accounting AS & A2 | Scoop.it

Comprehensive teaching/learning resources on Financial Accounting from Bized including Lesson Plans, Worksheets, Mind Maps, Case studies, Simulations and Activities.

 

Topics cover Cash Flow, Ratio Analysis, Depreciation, ROCE, Costs, Break-Even, Sources of Finance, Profit and Loss Account


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ACCN2: Straight Line vs. Reducing Balance Depreciation

The second free online course in Bookkeeping, brought to you by Home Learning College's tutor, Jo Frediksen. Find out more about difference between straight vs. reducing balance depreciation methods in this short online tutorial.
For more information on bookkeeping click on the link above

http://www.homelearningcollege.com/Co...


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