Accounting
Every topic, the same six steps
A clear, repeatable learning routine across all 28 syllabus topics.
Watch
Short, focused video lesson explaining the concept clearly.
Read
Structured syllabus notes with layouts, rules, and key terms.
Flashcards
Quick-fire recall cards for definitions, debits/credits, and ratios.
Multiple choice
Pass 5 out of 5 topic MCQs with line-by-line option feedback.
Worked question
Step-by-step exam-style structured problem walkthrough.
Ask
Get clarity on any tricky transaction or adjustment.
O Level Accounting (7707) Progress
Practice questions are available for every topic now. Notes and videos are being added.
O Level 7707 Syllabus Topics
28 topics across 7 sections, with 336 original multiple-choice practice questions.
1. The fundamentals of accounting
Book-keeping versus accounting, profit or loss, and the accounting equation.
2. Sources and recording of data
Double-entry ledger accounts, source business documents, and books of prime entry.
3. Verification of accounting records
Checking ledger accuracy with the trial balance, correcting errors, bank reconciliation, and control accounts.
4. Accounting procedures
Year-end adjustments: capital vs revenue, depreciation, accruals and prepayments, irrecoverable debts, and inventory valuation.
5. Preparation of financial statements
Financial statements for sole traders, partnerships, limited companies, manufacturing businesses, clubs, and incomplete records.
6. Analysis and interpretation
Calculating and interpreting profitability, liquidity and efficiency ratios, inter-firm comparison, users, and limitations.
7. Accounting principles and policies
Fundamental accounting concepts, professional ethics, and modern technology and sustainability in accounting.