2015 7175 GCE O Level POA Suggested Solutions is Out!
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2015 7175 GCE O Level POA Suggested Solutions is Out!

Congratulations to all Jump Grades’ students! We’ve been slogging it out over the past week focussing on the key chapters we were spotting that might come out for Os: At Jurong East: At Macpherson (Bedok + Kovan Students) DAY BEFORE EXAM CAMPING AT SAIZERIYA: The results are out. Comparing Caleb’s guess vs what came out….

2016 GCE N Level 7088 Suggested Solutions Are Out!
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2016 GCE N Level 7088 Suggested Solutions Are Out!

Phew! It’s over.  On Paper 1 day last Friday, we tackled multiple topics + theory just the night before exams. Here’s the result: The Suggested Solutions Here’s the draft/suggested/imperfect solutions for Paper 1 and 2. Paper 1:7088-2016-n-level-suggested-solutions-paper-1-v1-2 Paper 2: 7088-2016-gce-n-level-paper-2-suggested-solutions-v1-4 Feel free to comment or reply with your feedback and suggestions!

Methods of Depreciation
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Methods of Depreciation

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…

Difference Between Bookkeeping And Accounting
Education O'/N' Level Principles of Accounts

Difference Between Bookkeeping And Accounting

What is the difference between bookkeeping and accounting? Accounting Bookkeeping Accounting is the process of recording, summarising, reporting, analysing and interpretation of financial information. Book-keeping is part of the accounting process. It involves the process of recording accounting data according to set rules.  Role of accounting is to communicate financial information for decision-making purposes.  Role…

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2014 7092 GCE O Levels POA Suggested Solutions for Paper 2 (Only)

No greater delight is there as a POA tutor to have used super eye-power to spot questions in the last two days for his beloved students! Unlike before, the crash course this year has been shorten from 18 hours (3 miserable days) last year to a mere 8 hours over 2 days with battle-weary-grouchy-always-hungry-panda-eyes-16-yr-olds. I…

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2013 GCE N Levels Principles of Accounts (POA) Suggested Solutions!

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…

An Overview of Macro-Level Opportunities in Accountancy in Singapore
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An Overview of Macro-Level Opportunities in Accountancy in Singapore

If you are embarking on a course on accounting, whether it’s Principles of Accounts (POA) or at tertiary level, here’s some good news for you. Singapore aspires to be a leading global accountancy hub for Asia-Pacific which is the fastest-growing region in accountancy services, forecasted to reach US$ 38.3 billion by 2013. Singapore contributed 2.8%…

2012 GCE O’ Level Principles of Accounts (POA) Suggested Solutions!
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2012 GCE O’ Level Principles of Accounts (POA) Suggested Solutions!

After hearing that Miss Loi’s Joss Sticks website crashed even before E MathsPaper 2 solutions were out, I wondered if we had to do backups to avoid the same fate… except that I’m reminded that POA is taken by only approximately 20% of the cohort. 😉 So I have 1/5 the same risk. 😉 The…