Back to subject papers

9706 · Cambridge International AS Level

9706/22

Fundamentals of Accounting

Accounting · June 2024 · Variant 2

Relative difficulty

Demanding · 3.8/5
Relative difficulty

3.8 / 5

Total marks

120

Duration

165 min

Most tested topic

Sole Traders and Incomplete Records

Cohort performance

Session statistics from official examination reports

Total marks

120

Duration

165 min

Session difficulty

3.8 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

The May/June 2024 series features a balanced but technically demanding set of papers testing incomplete records, limited company corrections, performance ratios, and advanced decision-making costing.

2

High-yield marks are heavily concentrated in sole trader statement preparation and marginal costing appraisals.

Question difficulty map

How candidates performed on each question in this series

No data available in official reports

Assessment objectives

Skill and AO weighting from official examiner commentary

Quantitative /7
Financial Statements6
Critical Evaluation4
Conceptual Understanding2

Skill weighting

Shows the skill mix this paper tested most heavily.

Quantitative /Quantitative /Financial StatementsFinancialStatementsCritical EvaluationCriticalEvaluationConceptual UnderstandingConceptualUnderstanding
SkillWeightShare
  • Quantitative /

    Weight: 7100%
  • Financial Statements

    Weight: 686%
  • Critical Evaluation

    Weight: 457%
  • Conceptual Understanding

    Weight: 229%

Method marks watchlist

Where working, steps, or method marks were commonly lost

No data available in official reports

Recurring mistakes across years

Themes examiners flag in multiple recent sessions for this subject

No data available in official reports

Question choice intelligence

Mean scores and popularity for optional questions (HKDSE electives)

No data available in official reports

Level exemplars

What candidate scripts at each grade level looked like

No data available in official reports

Grade & admission context

How marks relate to grade thresholds and entry standards

Report type

Cambridge Principal Examiner Report — component performance and international standards

Level A

Approx. 69% of maximum mark

Level B

Approx. 57% of maximum mark

Level C

Approx. 46% of maximum mark

Level D

Approx. 35% of maximum mark

Level E

Approx. 24% of maximum mark

Deep insights

What top candidates did

Techniques and approaches examiners rewarded in this series

No data available in official reports

Command word playbook

How to match each command word to the expected response style

CalculateFrequency: 11

Show formula, substitution, and unit; method marks need visible working.

PrepareFrequency: 3

Match the expected response style for “Prepare” questions.

ExplainFrequency: 3

Give reasons and link mechanism to outcome; each point needs a because/so chain.

AdviseFrequency: 2

Match the expected response style for “Advise” questions.

DiscussFrequency: 1

Present multiple perspectives with evidence; balance breadth and depth.

Time traps

Sections where candidates spent disproportionate time relative to marks

Paper 2 Q1 (Incompl35m / 30 marks

Min per mark: 1.2

Paper 2 Q2 (Limited18m / 15 marks

Min per mark: 1.2

Paper 2 Q3 (Ratio A18m / 15 marks

Min per mark: 1.2

Paper 2 Q4 (Costing34m / 30 marks

Min per mark: 1.1

Syllabus traceability

Topics linked to questions and mark weighting in this session

Preparation of financial statements - Sole traders

23 marks this session

Traditional costing methods - Marginal costing

21 marks this session

Analysis and communication of accounting information

18 marks this session

Preparation of financial statements - Limited companies

17 marks this session

MCQ trap analytics

Commonly chosen wrong options from examiner commentary

No data available in official reports

Topic heatmap across years

Mark concentration by topic and exam year for this subject

Mark intensity

LowHigh
Topic
2023
2024
2025
Σ

Traditional costing methods - Marginal costing

17
32
49

Reconciliation and verification

19
17
36

Preparation of financial statements - Limited companies

16
17
33

Preparation of financial statements - Sole traders

32
32

Preparation of financial statements - Partnerships

26
26

Preparation of financial statements - Adjustments to draft financial statements (Financial accounting)

25
25

Analysis and communication of accounting information (Financial accounting)

17
17

Traditional costing methods - Absorption costing

16
16

Paper comparison

Marks and duration breakdown across papers in this session

Paper 12 (Multiple Choice):

30 marks60 min

Paper 22 (Fundamentals of Accounting):

90 marks105 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

No data available in official reports

Practise what examiners flagged

Target weak topics from this report inside the Revui app

Self-diagnostic checklist

Key actions before you sit this paper — copy and tick off as you revise

  • 1Message

    The May/June 2024 series features a balanced but technically demanding set of papers testing incomplete records, limited company corrections, performance ratios, and advanced decision-making costing.

  • 2Message

    High-yield marks are heavily concentrated in sole trader statement preparation and marginal costing appraisals.

Teacher briefing pack

One-page session summary for tutors and classroom review

June 2024 2024

Accounting

The May/June 2024 series features a balanced but technically demanding set of papers testing incomplete records, limited company corrections, performance ratios, and advanced decision-making costing. High-yield marks are heavily concentrated in sole trader statement preparation a

  • The May/June 2024 series features a balanced but technically demanding set of papers testing incomplete records, limited company corrections, performance ratios, and advanced decision-making costing.

  • High-yield marks are heavily concentrated in sole trader statement preparation and marginal costing appraisals.

Total marks
120
Duration
165 min
Session difficulty
3.8 / 5

Session analysis

The May/June 2024 series features a balanced but technically demanding set of papers testing incomplete records, limited company corrections, performance ratios, and advanced decision-making costing. High-yield marks are heavily concentrated in sole trader statement preparation and marginal costing appraisals.

Updated Jun 12, 2026

Paper breakdown

Paper 12 (Multiple Choice):

30 marks60 min

Paper 22 (Fundamentals of Accounting):

90 marks105 min

Top chapters

Preparation of financial statements - Sole traders23 marks
Traditional costing methods - Marginal costing21 marks
Analysis and communication of accounting information18 marks
Preparation of financial statements - Limited companies17 marks

Exam structure insights

Marks by chapter

See where the marks were concentrated so revision time goes to the highest-value topics.

Preparation of financial statem23 marks
Traditional costing methods - M21 marks
Analysis and communication of a18 marks
Preparation of financial statem17 marks
Traditional costing methods - C9 marks
Types of business entity8 marks
Traditional costing methods - A5 marks
The accounting system5 marks

Mark accessibility

Estimate which marks were basic, mid-level, or high-difficulty.

75% within easy or medium reach

40
50
30
Easy: 40 marksMedium: 50 marksHard: 30 marks

Command word frequency

Spot common command words so answers match the expected response style.

Calculate11 times
Prepare3 times
Explain3 times
Advise2 times
Discuss1 times

Question type mix

Compare the mark share of each paper section and question type.

120Marks
  • Calculation / Practical Statement

    61·14·51%

  • Multiple Choice

    (MCQ)

    30·30·25%

  • Written Explanation & Evaluation

    29·6·24%

Study ROI

Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.

DifficultyRecurrence %Incomplete Records…Marginal Costing &…Ratio Analysis & P…Limited Company St…

Difficulty trend

Compare difficulty across recent years.

3.620173.220183.820193.520203.520213.42022320233.82024

Time vs marks

Compare marks with suggested time allocation to plan exam pacing.

MarksMinutesMarks / min

Paper 2 Q1 (Incompl

0.86 m/min
30
35

Paper 2 Q2 (Limited

0.83 m/min
15
18

Paper 2 Q3 (Ratio A

0.83 m/min
15
18

Paper 2 Q4 (Costing

0.88 m/min
30
34

Total marks

90

Total time

105 min

Avg pace

0.86

Cumulative marks ladder

The line is your running mark total question by question; dashed lines are the estimated grade cut-offs. See which question the line crosses your target grade at, so you know how far you must answer cleanly and which questions decide a band.

023456890A estimatedB estimatedC estimatedD estimatedE estimatedU estimated1Q1(a) Gross p8Q1(a) Gross p20Q1(c) Profit23Q1(c) Profit30Q1(e) Busines35Q1(e) Busines45Q2(b) Stateme49Q2(b) Stateme55Q3(b) Perform58Q3(b) Perform60Q3(d) Importa64Q3(d) Importa70Q4(b)-(d) Bre83Q4(b)-(d) Bre90Q4(g) Option

Next-year prediction

Topics worth watching next year, with the reason shown directly below each bar.

Partnership Dissolution or Revaluation

5%

5%

Manufacturing Accounts

4%

4%

Standard Costing & Variances

4%

4%

Exam tips

Paper format

Duration
1h 45min
Total marks
90
Weighting
75%
Question types
Structured Calculation, Short Answer / Theory, Advisory / Evaluation

June 2024

View full examiner insights for this session

View full examiner insights for this session

Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.

9706/22 — Cambridge International AS Level Accounting (June 2024) | Revui