Accounting study guides
SQA-NATIONAL-5 · National 5 (SQA) · aligned to SQA.
- SQA National 5 Accounting: Financial Accounting - documents, double entry, financial statements, adjustments and ratios
A deep-dive SQA National 5 Accounting guide to the Financial Accounting area. Covers the purpose of accounting and its users, business documents and VAT, double entry and the trial balance, the income statement and statement of financial position, year-end adjustments (depreciation, accruals, prepayments and bad debts), correction of errors, and ratio analysis.
📖 16 min readNational 5 - SQA National 5 Accounting: Management Accounting - cost classification, costing, break-even, cash budgets and decision-making
A deep-dive SQA National 5 Accounting guide to the Management Accounting area. Covers classifying costs by behaviour and traceability, costing materials, labour and overheads into a cost statement, break-even analysis using contribution, cash budgeting, decision-making such as a special order, and the role of spreadsheets and IT in accounting.
📖 15 min readNational 5