Foundation level
ICAN Financial Accounting past questions
Pick a year and a diet below, or use the selectors above. Each paper lists its objective and theory questions, with answers where we have them and links to the notes.
22 diets2014-2026 years366 questions mapped to notes
Source: ICAN Pathfinder, Financial Accounting
Years and diets
| Year | May | November |
|---|---|---|
| 2026 | View paper | - |
| 2025 | View paper | View paper |
| 2024 | View paper | - |
| 2023 | View paper | View paper |
| 2022 | View paper | View paper |
| 2021 | View paper | View paper |
| 2020 | - | View paper |
| 2019 | View paper | View paper |
| 2018 | View paper | View paper |
| 2017 | View paper | View paper |
| 2016 | View paper | View paper |
| 2015 | View paper | View paper |
| 2014 | - | View paper |
Most-tested topics
The topics behind the most past questions in Financial Accounting.
- Partnership accounts: profit sharing, capital and current accountsasked 19 times
- Bank reconciliation statement and the adjusted cash bookasked 19 times
- Inventory valuation (IAS 2): FIFO, weighted average and NRVasked 17 times
- Changes in partnership: admission, retirement and goodwillasked 15 times
- Incomplete records: statement of affairs and the capital methodasked 15 times
- Books of prime entry, sales and purchasesasked 14 times
- Depreciation: straight-line and reducing balanceasked 14 times
- Disposal and revaluation of property, plant and equipmentasked 14 times
- Cash book and banking proceduresasked 13 times
- Bad debts and the allowance for doubtful debtsasked 13 times