Accounting 9706/32 March 2023 | Cambridge AS Level Past Papers With Mark Scheme

Manufacturing account preparation, incorporating direct and indirect costs, unrealized profit adjustments, and factory profit rates.

Profit or loss statement adjustments for misclassified expenses, loan interest allocations, and depreciation corrections.

Analysis of performance ratios including price/earnings, dividend yield, gearing ratio, and return on capital employed compared to industry averages.

Evaluation of dividend policy recommendations and their impact on shareholder confidence and liquidity management.

Adjusted retained earnings and statement of financial position preparation in compliance with International Accounting Standards.

External auditor responsibilities, ensuring accuracy, compliance, and stakeholder trust in financial reporting.