Put These Notes into Practice
Reading the notes is a great start. Now practise with unlimited AI-generated questions and get instant feedback. 100,000+ students are already improving their grades.
Accounting (XAC11)
5 sections available · 24 chapters available
Free Accounting (XAC11) revision notes for Pearson Edexcel International AS Level students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.
The Accounting System and Costing
Corporate and Management Accounting
Limited companies
Investment ratios
Statement of cash flows
Budgeting
Standard costing
Project appraisal
Break-even analysis
Marginal costing and absorption costing
Information and communication technology (ICT) in accounting
Unit 1: Principles, double entry and control
Principles of accounting and double entry bookkeeping
Accounting concepts and conventions
Capital and revenue expenditure
Depreciation and disposal of non-current assets
Control procedures: trial balance, control accounts and correction of errors
Unit 1: Financial statements of organisations
Sole trader financial statements and year-end adjustments
Departmental accounts and incomplete records
Partnership accounts
Clubs and non-profit-making organisations
Manufacturing accounts
Unit 1: Costing, analysis and ethics
Introduction to costing: inventory valuation
Labour costs and methods of remuneration
Overhead costs, absorption and job costing
Analysis of accounting statements
Social and ethical accounting
Done reading? Test yourself with AI practice questions
Practise This Topic Now