Accounting 9706/32 May June 2020 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of cash flow statements, reconciling operating activities with profit from operations, and analysis of financing activities.
2. Partnership reconstitution and financial impact assessment, including capital and loan account adjustments for new partner admission.
3. Club financial statements preparation, including income and expenditure accounts and movements in accumulated funds.
4. Equity and liabilities section preparation for company financial statements and analysis of IAS 10 post-reporting date events.
5. Variance analysis, including direct materials, labor, and fixed overhead variances, with performance accountability considerations.
6. Cash budgeting for operational months, break-even analysis, and cash flow improvement strategies through exceeding break-even sales.