7/7/09

AAT Accounting Questions For Club And Society Accounts

Append below are six AAT's questions on club and society accounts for candidates to practise on.

Some of key salient features to remember are:
(a) The Income and Expenditure is correctly recorded in the appropriate ledger accounts
(b) Any accrued or prepaid income and expendidture is correctly identified and adjustments made
(c) The organization's policies, regulations, procedures and timescales are observed
(d) Income and expenditure is analyzed in accordance with defined requirements and appropriate information is passed to management
(e) Discrepanices, unusual features or queries are identified and being resolved.











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