In order for you to be successful in the Accounting exam you must:
- Ensure that you know the formats or layouts of the:
- Income Statement
- Balance Sheet
- Cash Flow Statement
- Production Cost Statement
- General Ledger accounts
- Understand the concepts explained in the multimedia provided and know how to do calculations.
- Work through as many past examination papers as you can (use the explanations and steps in the material to assist you).
Be careful when working through questions relating to Companies of past papers as there are some aspects that are treated differently under CAPS.
Remember, your success in the final exam will depend on how much extra time you put into preparing.