Accounting 9706/42 May June 2014 | Cambridge AS Level Past Papers With Mark Scheme

1. Partnership dissolution and revaluation of assets, including goodwill and profit-sharing adjustments during partner retirement.
2. Calculation and presentation of financial statements, including income statements, schedule of property, plant, and equipment, and equity changes following share issues and revaluation.
3. Investment appraisal techniques, including net present value (NPV), accounting rate of return (ARR), and internal rate of return (IRR).
4. Sensitivity analysis in investment decisions based on revenue, cost increases, and different financing options such as bank loans and equity issuance.
5. Impact of financing methods on project profitability and return metrics, highlighting differences between debt and equity financing.
6. Budgeting for capital expenditure and fixed asset management, emphasizing depreciation rates and valuation adjustments.