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Cambridge AS & A Level Accounting

3.1.5Limited companies

Limited companies in Cambridge AS & A Level Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic65 practice questions3 lessons

Learning objectives

What the syllabus expects you to be able to do.

  1. 3.1.5.1Prepare for a limited company, in line with international accounting standards and legal requirements, the statement of profit or loss, statement of financial position, statement of cash flows, statement of changes in equity and schedule of non-current assets.

Lessons

  • Cash generated from operations

    55 min

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  • Notes and the schedule of non-current assets

    60 min

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  • Statement of cash flows

    65 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Limited companies: sample question

1 mark

An increase in inventory during the year is treated in the reconciliation of profit before tax to cash as:

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