BCS Written Accounting case studies
BCS Written Accounting · Put your knowledge to work in context.
The accounting paper of the BCS Written Examination is a descriptive and problem-solving test used by the Bangladesh Public Service Commission (BPSC) to assess candidates for the Bangladesh Civil Service cadre. It suits graduates with a commerce or accounting background who are preparing for a generalist civil-service career, and it assumes comfort with double-entry bookkeeping, cost sheets, audit procedures and numerical analysis under time pressure. The BCS Written Accounting case studies are 5 cases and about 3,456 words.
1Revenue Cut-Off and Sales-and-Leaseback Judgement at a Textile Exporter
Rahman Textiles Ltd ships finished fabric to overseas buyers on CIF terms. In the year just ended, revenue recognised was BDT 480 million and profit before tax BDT 62 million.
725 words, about 4 min2Overhead Absorption and a Loss-Making Product Line
A furniture manufacturer produces three lines: chairs, tables and cabinets. It absorbs production overhead on a single direct-labour-hour rate.
655 words, about 3 min3Going-Concern Evidence and the Auditor's Response
A distributor being audited for the year ended 31 December has a bank overdraft of BDT 120 million repayable on demand, a term loan of BDT 200 million with a covenant requiring a current ratio of at least 1.5, and cash of BDT 15 million. Current assets are BDT 300 million and current liabilities BDT 260 million, giving a current ratio of 1.15.
715 words, about 4 min4Tax Treatment of a Related-Party Service Payment and Withholding
A Bangladeshi company pays a foreign affiliate BDT 60 million for management and technical services during the year. The affiliate has no permanent establishment in Bangladesh and no tax registration there.
625 words, about 3 min5Capital Investment Appraisal under Rationing and Risk
A manufacturer has BDT 100 million available for capital projects this year and cannot raise further finance without breaching its debt covenant. Four independent projects are proposed, all with a five-year life and no residual value.
736 words, about 4 min