Financial Accounting – for ICAN Students By: Kabiru Yusuff Aremu ACA, ACTI 08169069670 @ Apex Professional Associates

ICAN Past Questions Guide and Index

Financial Accounting - From November 2014 till date
Preparation of Financial Statements (Published Accounts) Bank Reconciliation Statements

1. Nov 2015 Q6 * Nov 2021 Q3 1. Nov 2015 Q2 * Nov 2021 Q1

2. May 2016 Q3 * Nov 2022 Q3 2. May 2017 Q6 * Nov 2022 Q1
3. May 2019 Q2 3. Nov 2017 Q5
4. Mar/July 2020 Q4 – Capital formation 4. May 2019 Q4
5. Nov 2020 Q1 – Manufacturing A/c (Vertical Mthd) 5. Nov 2019 Q3
6. May 2021 Q3 6. May 2021 Q2
7. May 2022 Q1
Partnership Accounts
IAS 7 - Statement of Cashflows
1. Nov. 2015 Q5 * Nov 2021 Q2 – Prorata
1. Nov 2014 Q6 * May 2023 Q2 2. Nov 2014 Q5 * Nov 2022 Q2 – Prorata
2. May 2015 Q6 3. May 2017 Q4 * May 2023 Q4
3. Nov 2016 Q5 4. Nov 2017 Q2 * Nov 2023 Q6
4. Nov 2017 Q3 5. May 2018 Q5 * May 2024 Q6
5. May 2018 Q2 6. Nov 2019 Q5
6. Nov 2018 Q5b 7. Nov 2020 Q6
7. May 2019 Q5
Double Entries Principles (Journals, Cashbook, Ledgers, and
Correction of Errors and Suspense Accounts Trial Balance)

1. Nov 2014 Q2 1. May 2015 Q1 - 2 Column Cashbook and petty cashb

2. May 2015 Q4 2. May 2018 Q1 - 3 Column Cashbook
3. May 2016 Q1 3. Mar/July 2020 - 3 Column Cashbook
4. Nov 2016 Q3 4. May 2022 Q4 - 3 Column Cashbook
5. May 2017 Q5 5. Nov 2018 Q1 - Petty Cashbook
6. May 2018 Q6 6. Nov 2022 Q4 - Petty Cashbook
7. Nov 2018 Q2 7. Nov 2021 Q4 - Accounting basis and petty cashbook
8. May 2019 Q6 8. May 2015 Q2
9. Nov 2020 Q3 9. Nov 2018 Q4 - Extended TB
10. May 2021 Q2 10. Mar/July 2020 Q1
11. May 2022 Q5 11. Nov 2015 Q3
12. Nov 2017 Q1
Incomplete Records and Single Entry 13. Nov 2017 Q4
1. May 2015 Q3 14. May 2023 Q5
2. May 2016 Q5 15. Mar/July 2020 Q2
3. Nov 2016 Q4 16. Nov 2019 Q1
4. May 2017 Q3 17. Nov 2016 Q1
5. May 2018 Q3 18. Nov 2014 Q3
6. Nov 2018 Q3 19. May 2017 Q6c
7. Mar/July 2020 Q2 20. May 2023 Q1 - Trade Receivables and Bad Debts
8. May2022 Q3 21. May 2024 Q2

Accounts of Non-profit making organisations Control Accounts

1. Nov 2016 Q6 1. May 2015 Q3 * May 2021 Q4

2. May 2016 Q2 2. Nov 2015 Q5 * May 2024 Q3
3. May 2015 Q5 3. May 2016 Q4
4. Mar/July 2020 Q6 4. Nov 2016 Q2
5. Nov 2020 Q4 5. May 2019 Q6
6. Nov 2019 Q4
7. Mar/July 2020 Q5

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 Financial Accounting – for ICAN Students By: Kabiru Yusuff Aremu ACA, ACTI 08169069670 @ Apex Professional Associates

Recurrent and Capital Expenditure 8. Nov 2018 Q5

9. May 2019 Q3
1. Nov 2014 Q4 10. Nov 2019 Q6
2. May 2016 Q6 11. May 2022 Q2
3. Nov 2019 Q2
4. Nov 2020 Q5 Accruals and Prepayments

Conceptual Framework 1. Nov 2015 Q6

2. Nov 2018 Q6
1. Nov 2014 Q1 * Nov 2020 Q2
2. Nov 2015 Q6 * May 2021 Q1 IAS 2 - Inventories
3. May 2017 Q1 * May 2021 Q6
4. May 2017 Q2 * May 2022 Q6b – IAS1 1. Nov 2017 Q6 * May 2024 Q5
5. May 2018 Q6 - Chart of Accounts 2. May 2021 Q6
6. May 2023 Q3 3. May 2019 Q1
7. Nov 2023 Q1 - Accountant Vs Book-Keeper 4. Nov 2021 Q5
8. Nov 2023 Q2 - Concepts of Accounting 5. May 2022 Q6
9. Nov 2023 Q5 - Components of FS 6. Nov 2022 Q5
10. May 2024 Q1 - Use of financial information Correction of Errors
IAS 16 - Non-current Assets and Depreciation 1. Nov 2023 Q3
1. Nov 2015 Q3 Current Issues
2. Nov 2016 Q3
3. May 2017 Q2 * May 2024 Q4 1. May 24 Q1 - Digital technologies in accounting
4. Nov 2021 Q6 * Nov 2023 Q4
5. Nov 2019 Q2 * May 2021 Q3
6. Nov 2017 Q6 * Nov 2022 Q6
7. May 2018 Q4 * May 2023 Q6