GCE A LEVEL PRINCIPLES OF ACCOUNTING (SUBJECT CODE : 9755)

Its not what is said but what is done that makes the difference.

The following describes the difficult issues faced by GCE A Level accounting students and what Mr Chong did:-

COMPUTATION (70%) Part 1 : FINANCIAL ACCOUNTING

Many do not understand how the format in Financial Statements is derived and rely heavily on memorising the headings and components in the Income Statement and Balance Sheet.

This weakness is exposed in questions where the last part of the question has to be derived first before the first part of the question can be answered. (E.g. 2012 Paper Q6). The student cannot just simply follow the order of the format and are penalised for their lack of understanding. There is a simple way to resolve the problem which Mr Chong would reveal in his lessons.

UOL POA Computation

COMPUTATION (70%) Part 2 : MANAGEMENT ACCOUNTING

The issue here is even greater as the format used is not fixed unlike Financial Accounting. In other words, many are caught when there are changes in the question style especially when many cost concepts are interlinked, causing confusion and dismay.

For example, relevant costing is built on the understanding of cost traceability and cost behaviour. Without it, students tend to struggle on what costs to include and exclude. To solve the problem, Mr Chong has created flowcharts to link the various cost concepts.

Cost Classification

THEORY (30%) – THE PUSH FOR A

This is the portion neglected by students as they prefer to do computation questions. Most teachers in school cannot afford the time to train the students as the computation aspect takes up the bulk of their time. Besides, it is also tedious as different students have varying levels of understanding and language ability.

However, this can be the easiest part of the exam as theory questions require less time to complete compared to computation ones. Most chose the painful route to memorise the model answers. Mr Chong has created worksheets to instil these concepts in your mind naturally.

What is surprising to many is that once u improve on the theory aspect, your marks on computation will soar. The truth is once you know what it is (theory), you know what to do (computation). You will be closer to getting an A.

Theory training

 SPECIALS 

1. ANALYSIS OF TOPICS IN PAST YEAR EXAMS

For every topic, Mr Chong has prepared a detailed analysis of what the examiner is looking for.  A student can focus on areas that is repeated tested.

Stock analysis exam

 

2. PAST YEAR EXAM SOLUTIONS

One of the biggest issues facing GCE A Level candidates is the lack of answers for past year papers. It may take up to 40 min to work out for each question which is very costly to the student. If the fees for each lesson is $140, spending 30% of the lesson time to work out solutions costs the student $42 per question.

Over the years, Mr Chong has complied answers from 2010 onwards.  With these worked solutions, Mr Chong can focus on addressing the issues faced by the students and thus increasing the yield from each lesson.

Some of the solutions are available for Sale via the links below:-

GCE 2015 Paper 2
GCE 2014 Paper 1 Course
GCE 2014 Paper 2 Online Course

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