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Accounting 2 Week Crash Plan

The 2-Week Accounting Crash Plan is structured for Edexcel IAL Unit 1 Accounting, focusing on mastering key concepts and practicing past papers. The first week emphasizes syllabus topics such as double entry, trial balance, and final accounts, while the second week is dedicated to exam practice with full past papers and targeted revisions. Each day includes specific tasks and checkboxes to track progress and ensure comprehensive preparation.
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0% found this document useful (0 votes)
9 views2 pages

Accounting 2 Week Crash Plan

The 2-Week Accounting Crash Plan is structured for Edexcel IAL Unit 1 Accounting, focusing on mastering key concepts and practicing past papers. The first week emphasizes syllabus topics such as double entry, trial balance, and final accounts, while the second week is dedicated to exam practice with full past papers and targeted revisions. Each day includes specific tasks and checkboxes to track progress and ensure comprehensive preparation.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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2-Week Accounting Crash Plan

This plan is designed for Edexcel IAL Unit 1 Accounting. Follow the daily schedule, practice past
papers, and review mistakes. Each day includes focused topics, tasks, and checkboxes for tracking.

WEEK 1 - Syllabus + Concept Mastery


[ ] Day 1: Double Entry & Journal Entries
- Revise double-entry rules (DEAD CLIC)
- Solve Journal & Ledger questions (2019 Q1, 2020 Q1)
- Write a one-page summary of errors

[ ] Day 2: Trial Balance & Suspense Account


- Learn Trial Balance format & reasons for imbalance
- Solve Suspense Account past questions (2018 Q2, 2021 Q1)
- Revise correction of errors

[ ] Day 3: Control Accounts


- Revise Sales & Purchases Ledger Control
- Solve Control Account past questions (2018 Q3, 2022 Q2)

[ ] Day 4: Incomplete Records (Single Entry)


- Understand Statement of Affairs & missing figure method
- Solve 2017 Q3 & 2021 Q3

[ ] Day 5: Final Accounts (Sole Trader)


- Practice Income Statement & Statement of Financial Position
- Solve 2018 Q4 (Final Accounts full)

[ ] Day 6: Adjustments (Accruals, Prepayments, Bad Debts, Depreciation)


- Learn rules for each adjustment with examples
- Solve adjustments questions from 2018-2023 Q2 & Q3

[ ] Day 7: Ratios + Interpretation


- Revise profitability, liquidity & efficiency ratios
- Solve 2019 Q4 (Ratio interpretation)
WEEK 2 - Past Paper & Exam Practice
[ ] Day 8
Full 2019 paper (90 mins) under exam conditions
Review mistakes with the mark scheme

[ ] Day 9
Full 2020 paper (90 mins)
Write formulas & journal entry patterns

[ ] Day 10
Focus on weak topics
Re-solve 2 tough past questions
Revise theory for Q4

[ ] Day 11
Full 2021 paper (90 mins)
Analyze examiner report (2021)

[ ] Day 12
Full 2022 paper (90 mins)
Review errors

[ ] Day 13
Full 2023 paper (90 mins)
Focus on time management

[ ] Day 14
Mock Exam (2024 Jan past paper)
Review final mistakes & revise formats

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