Accounting is an important subject that requires an in-depth understanding of the various concepts and principles. It is essential for students studying for the International General Certificate of Secondary Education (IGCSE) in Accounting to have a comprehensive revision plan in order to achieve success.

This article will provide guidance on how to effectively revise for IGCSE Accounting, including tips on:

  • creating a revision plan
  • staying motivated
  • making the most of study time
  • practicing past papers
  • memorizing key concepts

It will also provide insight into understanding the exam structure, identifying weaknesses and seeking help and advice.

Breaking Down the Subject

By delving into the intricacies of the subject, one can gain a better understanding of the complexities it holds.

When revising for IGCSE accounting, understanding the learning structure is key. By breaking down the syllabus into specific topics, and creating a study timetable to follow, one can efficiently manage their time and ensure that they are covering all the necessary areas.

Time management is also a key skill when revising for IGCSE accounting, as it allows students to make sure they are focusing on the areas that are most important and do not spend too much time on one area. By dedicating specific time slots to each topic, and ensuring that the time is used properly, one can ensure that they are making the most of their revision time.

Creating a Revision Plan

Crafting a study plan is an essential part of efficiently preparing for an examination in the field of financial record-keeping.

When creating a plan for revising for a IGCSE Accounting exam, it is important to set up achievable goals and to ensure that time is allocated efficiently between topics. To ensure success, the following steps should be taken:

• Set Goals: It is important to identify the topics that must be covered and set goals for each topic. It is important to ensure that the goals are achievable and that revisions are regular.

• Prioritize: Prioritizing should be done by identifying the topics and sections that require more attention and focus.

• Allocate Time: Once the topics have been identified, it is important to allocate an appropriate amount of time to each topic. This will help ensure that revisions are completed in an efficient manner.

By following these steps, it is possible to create a revision plan that is tailored to the individual’s needs and will help to ensure success in the IGCSE Accounting exam.

Staying Motivated

Achieving success in the examination of financial record-keeping requires the dedication of time and energy, and maintaining motivation is a key factor in this endeavor. Setting goals and finding support can be essential in staying motivated while revising for IGCSE Accounting.

Steps Benefits
Set Goals Sense of Achievement
Find Support Reduce Stress

Having a clear idea of what is needed to be achieved can help to keep motivation levels high, as it provides a sense of accomplishment when goals are met. Finding support can also help to keep motivation levels up, as it can provide an opportunity to share knowledge, gain insight and reduce stress. It is important to find a support system that works for you, whether it be a group, family or friends. Overall, staying motivated is key to success when revising for IGCSE Accounting.

Making the Most of Your Study Time

Maximising study time is an important factor in attaining success with financial record-keeping. Gathering resources and managing time are essential elements of this process, as they ensure that all relevant information is available to be studied and time is not wasted on unproductive activities.

To begin, it is important to create a study plan with clear goals for each session. This plan should be tailored to the individual, taking into account their learning style, available resources, and any other factors that may affect their productivity.

It is also important to create a study environment that is conducive to learning. This could involve things like finding a quiet space, minimising distractions, and scheduling regular breaks.

Additionally, it is important to use the resources available to their fullest potential, such as online tutorials and practice questions. By doing this, students can ensure that their study time is productive and efficient.

Practising Past Papers

Practicing past papers is an invaluable tool for familiarising oneself with the format and content of financial record-keeping examinations.

It is a way of exploring trends in the topics covered and of identifying areas of strength and weakness. By working through past papers, students can become more familiar with the structure of the exam paper and the types of questions they are likely to encounter. Additionally, it allows them to practice their problem-solving skills and build their confidence in tackling unfamiliar questions.

Practicing past papers also enables students to develop their time-management skills, as they learn to work through questions within the set time limit. Students can also use the answer key to check their answers and identify any areas of improvement.

In this way, practicing past papers can be an effective way of preparing for the IGCSE Accounting exam.

Making use of online resources

Utilising online resources for preparation for financial record-keeping examinations can be beneficial in terms of enhancing knowledge and building confidence.

There are many advantages to using online resources for revision, such as access to comprehensive guides, tutorials, tutoring services, and revision tips.

Online resources provide students with the opportunity to receive personalised feedback from experienced tutors, thereby allowing them to gain a more in-depth understanding of the material.

Moreover, the availability of revision quizzes and practice tests can help students to identify their weak points and focus on improving them.

Additionally, online resources can provide students with the opportunity to access a wealth of resources such as videos, podcasts, and articles, thus allowing them to build a better understanding of the subject.

Furthermore, online resources can provide students with the opportunity to interact with other students and get support from peers, which can be beneficial in terms of motivation and morale.

Memorising Key Concepts

Memorising key concepts is an essential part of successful preparation for financial record-keeping examinations. This includes tracking key trends, such as the relationship between different accounts, and revising formulas that are used to calculate net profit and loss.

It is important to note that memorisation must be practised in order to ensure understanding and mastery of the material. A good way to do this is to break down the material into smaller chunks and focus on one concept at a time. Using mnemonic devices, such as acronyms or rhymes, can also be a helpful way to remember the key concepts.

Additionally, it is important to be able to apply the knowledge in different contexts to ensure a full understanding of the material. By spending time focusing on memorising key concepts and being able to apply them in different contexts, students will be able to have a better chance of success in their financial record-keeping examinations.

Understanding the Structure of Examinations

Understanding the structure of an exam is a crucial component of successful preparation for financial record-keeping tests. Examining the layout of an exam and planning your approach beforehand can help you manage the complexity of the material and achieve the best results.

There are several planning strategies to consider when preparing for an Accounting IGCSE exam. Knowing the exam format and the type of questions that will be asked is a good place to start.

Exams can be divided into different sections, such as multiple choice, short answer, and essay questions. Each section requires different preparation and skills for successful completion.

Practicing with past exam papers is also an effective way to become familiar with the structure of the exam and the types of questions that will be asked.

Exam tips such as time management, reading instructions carefully, and understanding the marking criteria will also help to ensure you make the most of the exam time.

Identifying Weaknesses

Having a clear understanding of the exam structure is an essential part of revising for IGCSE accounting exams.

Identifying weaknesses is the next step in this process, as this will help to create a tailored tutoring plan and provide useful exam tips.

Identifying weaknesses can be done by going through practice questions and past exam papers. This will help to identify any topics that may need extra attention, which can then be noted in a revision plan.

Additionally, seeking help from a tutor or teacher is also a good way to identify any gaps in knowledge. When creating a tailored tutoring plan, it is important to take into account the student’s individual learning style.

This can be done by asking questions about how the student learns best, what topics they find the most difficult, and whether they prefer studying alone or in a group. By taking all of this into account, a tailored tutoring plan can be created that is tailored to the student’s individual learning needs.

Seeking Help and Advice

Seeking guidance from experienced professionals is an important part of preparing effectively for exams.

Seeking appropriate support can come in different forms, such as seeking tutors, attending workshops, or seeking help and advice from peers who may have already taken the exam.

Tutors can provide guidance on a variety of topics, such as developing study plans, structuring essays, and revising key concepts.

Workshops can be beneficial in providing a structured environment in which to practice exam-style questions and can also introduce students to new concepts.

Seeking advice from peers who have already taken the exam can be useful in understanding what to expect from the exam, as well as gaining insight into certain topics that may have been difficult for them.

Additionally, peers can provide emotional support and encouragement which can be beneficial for exam performance.

Frequently Asked Questions

How many past papers should I practise?

Practising past papers is an effective way to revise for IGCSE accounting.

It is important to develop practical applications of the topics covered by the papers, as this will help to ensure that the knowledge is more readily recalled during the exam.

A recommended approach is to practice a few papers, ensuring that the answers are checked and any mistakes are noted and corrected.

This can be an effective way to identify and improve weak points.

Additionally, it is important to allow for sufficient time to practice, as this will help to ensure that the material is understood and can be applied effectively in the exam.

How can I make sure I understand the exam structure?

Understanding the exam structure is an important part of successful revision for IGCSE accounting.

Test strategies such as practice exams, studying in groups, and taking breaks during the revision process can help improve knowledge and recall of the material.

When studying in groups, it is beneficial to divide the material up to cover the entire syllabus.

Additionally, it is important to take regular breaks, as this can help to improve concentration and productivity.

Finally, it is important to be aware of the structure of the exam, such as the number of questions, time limits and question types.

This knowledge can help to better plan revision strategies and improve exam performance.

What are some of the best online resources for IGCSE accounting?

Online resources for IGCSE Accounting are plentiful and diverse, allowing students to learn and review the material in a variety of ways.

Tutorials, offered online, are often the most comprehensive, providing instruction on how to complete accounting tasks and how to interpret the results.

Peer support is also available, such as forums and discussion boards, which can help to clarify concepts and answer questions.

All of these resources, when used in combination, can provide a comprehensive approach to IGCSE Accounting, enabling students to become more familiar with the material and prepare for success in the exam.

Are there any techniques to help me memorise key concepts?

When studying for IGCSE Accounting, memorizing key concepts is an important part of the revision process. To help with this, creative learning and time management techniques can be used.

Creative learning involves finding innovative ways to engage with the material, such as using visual aids or making up mnemonics.

Time management involves breaking down the material into manageable chunks and setting aside a specific amount of time to complete each task, as well as taking regular breaks.

Utilizing these techniques can help an individual to memorize key concepts during their revision.

How can I identify my weaknesses in accounting?

Time management and teacher advice are two key techniques for identifying weaknesses in accounting.

To begin, it is important to create a schedule of studying that is tailored to your needs and goals, which should be regularly reviewed and updated.

Additionally, it is recommended to seek advice from an experienced teacher who can provide feedback on areas that may need more attention.

Finally, it is essential to take regular breaks while studying to ensure that the material is understood and retained.

By utilizing these techniques, it is possible to identify and address weaknesses in accounting.


Revising for IGCSE accounting can be a daunting task, especially for those who are new to the subject. It is important to break the subject down into manageable sections and create a comprehensive revision plan to ensure success.

Additionally, staying motivated and making the most of available study time can play an important role in helping to achieve the desired results. It is important to practice past papers and memorise key concepts in order to understand the exam structure and identify any weaknesses.

Seeking help and advice from teachers, tutors or peers can also be beneficial. With the right approach and dedication, revising for IGCSE accounting can be an enjoyable and rewarding experience.

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