Ib+g+jun17+accn4+mark+scheme+upd Instant

Candidates were required to calculate the payback time for two different machines.

Accept alternative formats for the Statement of Cash Flows (IAS 7) provided the subtotals are correct. ib+g+jun17+accn4+mark+scheme+upd

Candidates were required to calculate the and Net Present Value (NPV) for two machines (Machine A and Machine B). Candidates were required to calculate the payback time

One of the primary areas covered in the June 2017 mark scheme is the preparation of financial statements for limited companies. This often includes the Statement of Profit or Loss and the Statement of Financial Position. The updated mark scheme clarifies how marks are awarded for adjustments such as depreciation, accruals, and prepayments, specifically within the context of corporate reporting. For students, the key takeaway from the 2017 scheme is the importance of "own figure" (OF) marks. Even if an initial calculation is incorrect, you can still salvage the majority of marks by correctly applying that figure to subsequent parts of the question. One of the primary areas covered in the

In the initial draft mark scheme, the calculation for the marginal cost per unit was listed as requiring the inclusion of fixed overheads. This has been updated. Candidates should exclude fixed overheads from the marginal cost calculation. Please ensure FT marks are applied generously if candidates included fixed overheads based on a misinterpretation of the question stem, provided the marginal costing logic is otherwise correct.

A common pitfall for ACCN4 students is focusing too heavily on the math. The June 2017 mark scheme awarded a significant portion of marks for . For example, after calculating a favorable variance, the mark scheme required students to explain why it might have occurred (e.g., "using higher quality materials which reduced waste").

Reconciling budgeted profit with actual profit through variance analysis (materials, labour, and overheads).