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IGCSE, GCSE Accounting revision notes, interactive quizzes, crosswords, mcqs

Welcome to IGCSE, GCSE Accounting Section

This section contains revision notes, interactive revision quizzes, crosswords, accounting formats and example questions.

Though this section is specifically catering to Cambridge International Examination (CIE) IGCSE Accounting (452) curriculum, still students and teachers from other examination boards will find it equally useful.

We have divided the section into 7 Units as per the syllabus. You can find out more about topics covered by clicking on any of the icons below.




accounting principles button

Accounting principles

Show understanding of the following accounting principles:

  • accruals (matching
  • business entity and ownership
  • consistency
  • duality
  • going concern
  • money measurement
  • prudence
  • realisation

Accounting policies

  • Comparability
  • Relevance
  • Reliability
  • Understandability

purpose of accounting

•difference between book-keeping and accounting

•purposes of measuring business profit and loss

•role of accounting in providing information for monitoring progress and decision-making.

source of data

  • The double entry system of book-keeping
  • Business documents
  • Books of prime (original) entry - Journals & Cash Book
  • The ledger

accounting procedures

  • Capital and revenue expenditure and receipts
  • Accounting for depreciation and disposal of fixed assets
  • Bad debts and provision for doubtful debts
  • Valuation of inventory (Stock valuation)

verification of data

  • The trial balance
  • Correction of errors
  • Bank reconciliation
  • Control accounts

final accounts

  • Income statements (trading and profit and loss accounts)
  • Balance sheets
  • Manufacturing accounts for Sole trader Clubs and Societies
  • Limited companies
  • Partnership
  • Single entry system or incomplete records

analysis and interpretation

  • Ratio Analysis
  • Types of ratios
  • limitations






Cambridge IGCSE Accounting Syllabus code 0452

There are two compulsory papers,

Paper 1 and Paper 2.

Both papers contain questions based on the whole syllabus.

Candidates receive grades from A to G.

Paper 1 [1¾ hours]

This is a structured question paper with 8–12 multiple choice items and short-answer questions. Thereare usually between 4 and 5 questions based on topics from the whole of the syllabus. All questions arecompulsory, and candidates answer on the question paper. There are 120 marks for this paper.

50% of total marks


Paper 2 [1¾ hours]

This is a structured question paper. There are usually 4 to 6 questions based on topics from the whole ofthe syllabus. All questions are compulsory, and candidates answer on the question paper. There are 120marks for this paper.

50% of total marks

Syllabus Accounting (Code 0452)

The syllabus can be downloaded from the CIE website.

For your convenience, here are online versions of the syllabuses shown from the CIE website via the Google Docs viewer (pick the one that relates to the year that you will sit your IGCSE exam):

Past Exam Papers

Past Papers (IGCSE Accounting Code 0452)

We cannot provide past papers for you through this site since CIE owns the copyright to these documents.
However, some past exam papers (theory and practical) along with mark schemes can be downloaded from the CIE open site.
At the moment the following papers and mark schemes are available from the CIE website (clicking a link will open the document up from the CIE website in an online Google Docs viewer):

Specimen Paper

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