MATSEC AM Accounting case studies

MATSEC AM Accounting · Put your knowledge to work in context.

MATSEC Advanced Level Accounting is a subject examination offered under the MATSEC Examinations Board, the body that administers matriculation and secondary-level certification at L-Università ta' Malta. Candidates typically sit it to obtain an Advanced Level qualification used for university admission and for progression into accounting, finance or business studies. The MATSEC AM Accounting case studies are 5 cases and about 5,167 words.

Year-end adjustments for a sole trader: impairment, net realisable value and a revaluation

Giulia owns Kavall Interiors, an unincorporated supplier of tiles and bathroom fittings in Birkirkara. Her draft profit for the year ended 31 December 2024 is €84,600, prepared before the following matters were considered.

1,003 words, about 5 min 2

Overhead recovery and a special order at Marsa Precision Ltd

Marsa Precision Ltd makes two components, A and B. Budgeted production for 2025 is 400 units of A and 1,000 units of B.

1,111 words, about 6 min 3

Capitalising development costs and the prudence debate at Birgu Marine Systems

Birgu Marine Systems Ltd designs vessel-tracking software. Its draft profit before tax for the year ended 31 December 2024 is €420,000, and that figure already reflects every item described below.

1,021 words, about 5 min 4

Earnings per share, a rights issue and the quality of Verdala Foods' growth

Verdala Foods plc reported profit after tax of €2,340,000 for the year ended 31 December 2024 against €1,950,000 for 2023, and the chair's statement announces 'a 20% increase in profits'. The 2024 figure includes a €600,000 post-tax profit on the disposal of a freehold property; there were no comparable one-off items in 2023.

958 words, about 5 min 5

Provisions, contingent assets and a restructuring announced after the year end

Delimara Engineering Ltd manufactures steel components. Its draft profit before tax for the year ended 31 December 2024 is €1,150,000, and the directors are keen to show growth to a prospective investor.

1,074 words, about 5 min