Preparing for Accounting becomes far easier when you practice with the 2020 Edexcel iGCSE Accounting Past Papers. On EDUS Wiki, Sri Lankan students will find the essential past papers, marking schemes, and examiner insights organized for quick revision—so you can learn the marking style, avoid common mistakes, and maximize every mark. Whether you’re targeting an A* or trying to build confidence topic-by-topic, our curated resources and study plans help you study smarter, not longer.
EDUS Wiki goes beyond simple downloads. We show you how to use each paper effectively under exam conditions, how to compare your answers against the official marking scheme, and how to convert feedback into immediate score gains. You’ll also discover internal links to related Accounting resources, revision checklists, and formula sheets designed specifically for Sri Lankan learners.
2020 Edexcel iGCSE Accounting Past Papers: What to Expect
The 2020 set typically includes Paper 1 (structured and short-response calculations) and Paper 2 (extended tasks and analysis). Questions commonly assess:
- Double-entry bookkeeping (journals, ledgers, trial balance)
- Financial statements (Income Statement, Statement of Financial Position, adjustments)
- Control procedures (bank reconciliation, suspense accounts, errors)
- Accounting ratios & interpretation (profitability, liquidity)
- Inventory valuation & depreciation
- Ethics and accounting concepts (materiality, consistency, prudence)
How this helps you: Practicing the exact formats you’ll face reduces surprise on exam day, while repeated exposure to Edexcel’s command words (“state”, “calculate”, “explain”, “evaluate”) sharpens both speed and accuracy.
Common Examiner Priorities (Seen Year After Year)
- Correct layouts for statements (headings, subtotals, and final totals)
- Clear workings for part-marks (even if the final figure is off)
- Ratio calculations with units/labels and concise commentary
- Neat, logical steps for reconciliation and error-correction questions
Do you have any doubts? Join our classes. Call +94 70 414 1333.
How to Use the 2020 Edexcel iGCSE Accounting Past Papers for Maximum Marks
1) Do a Timed Mock (Paper 1, then Paper 2)
- Simulate exam conditions. Use a calculator allowed by Edexcel.
- Stick to the official timings per question weight—don’t over-invest in one part.
2) Mark Against the Official Scheme
- Award yourself part-marks strictly.
- Circle “method marks” you missed—these are the fastest marks to recover next time.
3) Decode the Examiner Report
- Note recurring errors (misclassifying expenses, forgetting balancing figures).
- Copy model phrasing for ratio interpretations (e.g., “Gross profit margin fell from X% to Y% due to cost increases or pricing pressure”).
4) Build a Rapid-Review Folder
- Keep corrected workings for: depreciation methods, inventory valuation, and bank reconciliation formats.
- Add a one-page format guide for financial statements (perfect for last-minute revision).
4-Week Smart Study Plan (Sri Lanka Friendly)
Week 1: Paper 1 topic drills (double entry, trial balance, errors). Daily 45–60 min.
Week 2: Financial statements + adjustments; end-week full Paper 1 under timed conditions.
Week 3: Paper 2 focus—ratios, interpretation, ethics. One timed Paper 2 mid-week.
Week 4: Two full mocks (P1 + P2), strict marking, refine error log, final formula/format sprint.
Aim for 80%+ on past paper targets by Week 4. If you’re below, revisit only the errors that cost the most marks.
Using the 2020 Edexcel iGCSE Accounting Past Papers with marking schemes and examiner insights is the most reliable way to master exam technique, speed, and accuracy. EDUS Wiki organizes everything you need—downloads, topic checklists, ratio guides, and study plans—so you can practice purposefully and track real progress.
Next steps on EDUS Wiki:
- Download the 2020 papers
- Follow the 4-week plan and use our ratio & statement templates
- Explore related years for spiral practice and stronger exam stamina
Do you have any doubts, join our classes. Call. +94 70 414 1333
Start preparing with EDUS Wiki — your trusted study partner for Edexcel success.