2017 7175 GCE O Level POA Suggested Solutions

Hey folks!
The solutions are out! This year predictions are pretty on point. 2 misses though.
Download the solutions with the button here
With effect from 1st August 2009, Singapore public accountants must adhere to an enhanced Code of Professional Conduct and Ethics. Following ICPAS Council’s approval on 19 May 2009 and in tandem with ACRA’s issuance of its enhanced code today for public accountants and effective from 1 August 2009, members of the Institute of Certified Public Accountants…
Suggested Solution It’s 8 days since your last paper. Hope you guys are having a great time with your holidays! This year’s suggested solutions came in a little late as the O’ levelers are ramping up their revision. 😉 Anyhow, it’s here now! Tell me what you think. Right click and choose “Save As” to…
*CROWD SOURCE SOLUTIONS* Congrats on finishing the 2019 GCE O Level Principles of Accounts Paper 1!Every year, with the help of some of my students, I’ll put up the Paper 2 solutions within hours after the paper. For Paper 1, the paper itself is submitted for marking – which leaves me with no reference to…
image: Class in accounting at Mary (sic) Morrison Carnegie School, Pittsburgh, PA Heyo N Levelers! Congratulations on completing your entire N Level exams! Every year, I try out the N Level papers for my students and since I’m doing that, I thought it’d be fun to hear your views and responses. This year’s paper is amazingly…
“Not everything that can be counted counts, and not everything that counts can be counted.” Albert Einstein, physicist (1879 – 1955) The principle of monetary concept states that anything which cannot be measured in monetaryterms will not be considered as a part of the accounting data. While accounting captures the numerical performance of a business,…
There are several methods of depreciation used across different financial reporting standards around the world. For the 7175 and 7088 GCE O/N Level Syllabus, we focus on two specific methods: 1. Straight Line Method (SLM) 2. Reducing Balance Method (RBM) Methods Advantages Disadvantages Effect on Net Profit Straight Line Method a. Dep = (HC-SV) Useful…
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