It covers the three external Achievement Standards: Accounting 1.1 Demonstrate understanding of accounting concepts for small entities Accounting 1.3 Prepare financial statements for sole proprietors Accounting 1.5 Interpret accounting information for sole proprietors This workbook has brief exam revision notes for end-of-year study, with examples and NCEA exam questions from 2020 and earlier. Full answers with explanations and A, M and E grades are given. Use this workbook all year round or during Terms 3 and 4 to revise and practise exam questions.