Prof. Dr. Larry AdamsAcademic, Author & Researcher

A Two-Year Plan and Checklist

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Grade 12 and Grade 13 at a Glance

PeriodAccountingBusiness StudiesEconomics (or Statistics or ICT)
Grade 12, Term 1Concepts; double entry; trial balanceBusiness basis and environmentScarcity and choice; demand and supply
Grade 12, Term 2Sole trader statements; adjustmentsEntrepreneurship; forms of businessElasticity; consumer theory
Grade 12, Term 3Manufacturing accounts; not-for-profit; incomplete recordsBusiness ethics; introduction to managementProduction, costs, and market structures
Grade 13, Term 1Partnerships; company accountsManagement; operationsNational income; money and banking
Grade 13, Term 2Accounting standards; ratio analysis; management accountingMarketing; finance; HRMInflation; fiscal policy; international trade
Grade 13, Term 3Capital investment; revisionInformation systems; revisionThe Sri Lankan economy; development; revision

Adapt this plan to your school's schedule.

A Weekly Template

DayFocus
Monday to FridaySchool and tuition; 2 to 3 hours of self-study in focused blocks
SaturdayA past paper in rotation; error log review; accounting practice
SundayWeekly review and spaced revision; rest and activity

Exam Readiness Checklist

  • I have covered every unit of every subject.
  • I can prepare each financial statement from memory.
  • I can draw and explain the key economics diagrams.
  • I can write structured essays with examples.
  • I have done past papers under timed conditions.
  • I keep an error log and revisit it.
  • I know the paper structures and time allocation.
  • I am sleeping, eating, and exercising well.

Last-Month Revision

List topics as strong, medium, or weak; prioritize weak, high-mark topics; do daily mixed practice; rehearse under exam conditions; rest the day before.

Self-Assessment

Rate yourself from 1 to 5 on: accounting layouts and calculations; business concepts and examples; economic analysis and diagrams; statistics; exam technique; time management; and wellbeing. Choose the lowest and plan one action.

CHAPTER 22