If you're looking for the AQA A-Level Accounting ACCN2 (Financial and Management Accounting) mark scheme for June 2017, Core Topics and Marking Highlights
The June 2017 ACCN2 paper focused heavily on financial reporting for limited companies and performance analysis. Financial Statements (Bergo Limited):
The main task involved completing a draft Income Statement up to operating profit, adjusting for additional information.
Provision for Doubtful Debts: Students had to adjust trade receivables and update the provision. For example, a 3% provision on £24,000 required a closing figure of £720; if the opening provision was £800, a change of £80 (reduction) was credited to the profit/capital section.
Disposal of Non-Current Assets: Calculating profit or loss on disposal was a key 1-mark entry. For a cost of £27,000 and depreciation of £15,000 (NBV £12,000), proceeds of £13,950 resulted in a £1,950 profit on disposal. Accounting Principles:
Own Figure (OF) Rule: A critical part of the AQA mark scheme—even if an initial calculation is wrong, subsequent marks can still be awarded if the method is correct based on that "own figure".
Quality of Written Communication: Up to 4 marks were allocated for the ability to use specialist vocabulary and organize information clearly. Draft Social Media/Forum Post
If you're sharing this with a study group or on a student forum (like The Student Room), Subject: June 2017 ACCN2 Mark Scheme Breakdown 📊
Just finished the June 2017 ACCN2 past paper (Financial & Management Accounting). Here are the tricky bits from the mark scheme to watch out for: Ib G Jun17 Accn2 Mark Scheme
Bergo Ltd Question: Make sure you only include info relevant to the Income Statement. Items 7 and 8 were for the Statement of Changes in Equity—don't let them trip you up!
Bad Debt Provisions: Remember to net off any actual bad debts before calculating the percentage for the provision. The £80 reduction in provision this year should be added to your profit.
Disposals: That £1,950 profit on disposal belongs in the capital column. Double-check your NBV calculation before applying the proceeds.
Marks for English: You can bag 4 easy marks just for using clear specialist terms and good structure. Don't rush the written sections!
Helpful Link: You can find the full PDF on sites like Studocu or Course Hero if you need to see the exact layout. Good luck with the revision! 📝 18 AQA-ACCN2-W-MS-Final Mark Scheme-June 2017
Imagine a world where "Ib G Jun17 Accn2" isn't a dry accounting exam code, but a high-stakes encryption key for a global financial vault. The Plot: The Jun17 Breach Isaac B. G.
(known in the underground as "Ib G") is a legendary forensic accountant turned digital vigilante. On June 17th (
), he discovers a massive discrepancy in the "Accn2" ledger—the secondary accounting system for the world’s largest private bank. If you're looking for the AQA A-Level Accounting
The discrepancy isn’t an error; it’s a heartbeat. Someone is using the bank’s rounding-error accounts to fund a silent takeover of the global energy grid. The Conflict: The Missing Mark Scheme
The bank’s security is controlled by an AI that only accepts inputs matching a specific, ever-changing logic. To stop the transfer, Isaac needs the Mark Scheme
—not for a test, but the "Marketing & Archive Scheme," a physical binder hidden in a high-security vault in Zurich. The Climax: The Audit
Isaac has exactly 90 minutes (the length of the actual exam) to infiltrate the vault. He isn't using explosives; he’s using Accn2 (Accounting Level 2) principles He bypasses the first biometric gate by calculating the Depreciation
of the vault's backup power supply to predict a 5-second blackout. He tricks the AI by creating a Double-Entry
ghost transaction that makes the stolen billions appear as a "Provision for Doubtful Debts," freezing the funds in limbo. The Ending
As the sun rises on June 18th, the ledger balances. The villains are bankrupt because they forgot to account for Accruals and Prepayments
. Isaac vanishes, leaving behind only a single red pen and a paper marked with a perfect "A." cyber-noir Common Pitfalls Identified:
This document serves as a detailed dissection of the marking criteria, structured to assist both teachers seeking to understand the assessment objectives and students reviewing for examinations.
Take the mark scheme and mark each question strictly. Do not give partial credit where it is not allowed. Pay close attention to the mark allocation – if a calculation is worth 4 marks, there are likely 4 distinct steps.
Data: Raw materials consumed, direct labour, factory overheads (rent, power, supervisor salary), work-in-progress (opening and closing).
Mark scheme:
| Section | Marks | Details | |---------|-------|---------| | Prime cost = direct materials + direct labour + direct expenses | 2 | | | Add factory overheads | 2 | List each overhead separately or total | | Add opening work-in-progress | 1 | | | Less closing work-in-progress | 1 | | | Production cost of goods completed | 1 | Must be clearly labelled | | (If required: Finished goods schedule) | 2 | Opening FG + production – closing FG = cost of sales | | Total marks | 9 | (plus marks for correct format and sub-headings) |
Key traps:
The official mark scheme is not just an answer key; it is a pedagogical tool. Here is how it is typically laid out: