Principles of Accounts
Principles of Accounts
Aims
The primary aim of the POA syllabus is to develop in students the knowledge and skills to prepare, communicate, and use both accounting information and non-accounting information related to business to make decisions.
The syllabus then aims to help students to become users of accounting information and make informed decisions using both accounting and non-accounting business-related information. Students will learn and understand the following:
- What business decisions are,
- How decisions are made using accounting information,
- The limitations of relying only on accounting information, and
- The consideration of non-accounting business-related information.
Examples of POA Learning Experiences in BDS
National Accounting Challenge
FedEx Express/JA International Trade Challenge
Financial Literacy for Youth Competition
Learning Journeys
Links
Syllabus 7087: Singapore-Cambridge GCE O-Level
Syllabus 7086: Singapore Cambridge GCE N(A)-Level
Scheme of Assessment
There are two compulsory papers.
Syllabus 7087: Singapore-Cambridge GCE O-Level
| Details | Weighting | Duration | |
|---|---|---|---|
| Paper 1 | Answer 3 to 4 compulsory structured questions. (40 marks) | 40% | 1 hour |
| Paper 2 | Answer 4 compulsory structured questions. (60 marks) • One question requires the preparation of financial statements for a business for one financial year. (20 marks) • A scenario-based question (7 marks) will be part of one of the 3 remaining questions. |
60% | 2 hours |
Syllabus 7086: Singapore Cambridge GCE N(A)-Level
| Details | Weighting | Duration | |
|---|---|---|---|
| Paper 1 | Answer 3 to 4 compulsory structured questions. (40 marks) | 40% | 1 hour |
| Paper 2 | Answer 4 compulsory structured questions. (60 marks) • One question requires the preparation of financial statements for a business for one financial year. (20 marks) • A scenario-based question (5 marks) will be part of one of the 3 remaining questions. |
60% | 2 hours |