Candidates may ignore any VAT implications to transactions throughout this paper unless the question specifically instructs them to do otherwise. Answers should be illustrated with examples, where appropriate. All figures should be labelled as appropriate e.g. Candidates should allocate their time carefully. If more than TWO questions are answered in Section B, then only the first two questions, in the order filed, will be corrected. Answer ALL THREE questions in Section A and TWO of the three questions in Section B. In this examination paper the symbol may be understood and used by candidates in Northern Ireland to indicate the UK pound sterling and by candidates in the Republic of Ireland to indicate the Euro. INSTRUCTIONS TO CANDIDATES PLEASE READ CAREFULLY Candidates must indicate clearly whether they are answering the paper in accordance with the law and practice of Northern Ireland or the Republic of Ireland. Accounting Technicians Ireland,Ä£ Accounting Technicians Ireland First Year Examination: Summer 2013 Paper : FINANCIAL ACCOUNTING Tuesday 14 th May a.m. This publication is copyright 2013 and may not be reproduced without permission of Accounting Technicians Ireland. This will be particularly the case where discursive answers are involved. For this reason, the published solutions will often be significantly longer than would be expected of a candidate in an examination. This publication is intended to serve as an educational aid. Alternative answers will be marked on their own merits. It should not be assumed that the approach adopted in these solutions is the ideal or the one preferred by us.
#MCOM PART 1 ADVANCED FINANCIAL ACCOUNTING NOTES PROFESSIONAL#
There are often many possible approaches to the solution of questions in professional examinations. Although they are published by us, we do not necessarily endorse these solutions or agree with the views expressed by their authors. They are intended to provide guidance to students and their teachers regarding possible answers to questions in our examinations. 1 Financial Accounting 1 st Year Examination May 2013 Paper, Solutions & Examiner s ReportĢ NOTES TO USERS ABOUT THESE SOLUTIONS The solutions in this document are published by Accounting Technicians Ireland.