Ib G Jun17 Accn2 Mark Scheme Jun 2026

For questions asking you to "assess," "discuss," or "evaluate" an accounting policy (such as changing a depreciation method or introducing an automated inventory tracking system), the June 2017 mark scheme follows a strict level-of-response framework:

Using net assets to find profit, then reconstructing stock.

Pay close attention to the model answers for the written evaluation questions. Incorporating terms like "working capital efficiency" or "operating profit margin optimization" mirrors the expectations of the examiners. Conclusion Ib G Jun17 Accn2 Mark Scheme

Ensuring expenses match the correct financial period. Marks are often awarded for the correct treatment in both the Income Statement and the Statement of Financial Position.

Understanding the IB G Jun17 Accn2 Mark Scheme: A Comprehensive Guide for Accounting Students For questions asking you to "assess," "discuss," or

Analyzing the June 2017 mark scheme reveals specific areas where students frequently lose or gain marks. 1. Partnership Accounts

“A provision for doubtful debts is created in line with the prudence concept – anticipating losses but not gains. It ensures that receivables are stated at net realisable value. The matching concept also applies: the expense of potential bad debts is matched against the revenue of the same period. Without this provision, assets and profit would be overstated.” For questions asking you to "assess

: The scheme provides detailed breakdowns for complex accounting tasks, such as calculating Net Realisable Value (NRV) adjustments and revised Cost of Sales Flexible Marking (Own Figure Rule)