1 / 17

ACCOUNTING GRADED UNIT 1 DE64 34

ACCOUNTING GRADED UNIT 1 DE64 34. GRADED UNIT SPECIFICATION. Why the need for change?. NEED FOR CHANGE. Structure of the Instrument of Assessment made it too easy for Candidates to obtain ‘A’ Grades. STRUCTURE OF INSTRUMENT OF ASSESSMENT. Computational – 70% Narrative – 30% . SQA RESPONSE.

vicki
Download Presentation

ACCOUNTING GRADED UNIT 1 DE64 34

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACCOUNTINGGRADED UNIT 1DE64 34

  2. GRADED UNIT SPECIFICATION • Why the need for change?

  3. NEED FOR CHANGE • Structure of the Instrument of Assessment made it too easy for Candidates to obtain ‘A’ Grades

  4. STRUCTURE OF INSTRUMENT OF ASSESSMENT • Computational – 70% • Narrative – 30%

  5. SQA RESPONSE • Commissioned re-write of Unit Specification

  6. DRAFT NEW UNIT SPECIFICATION • Draft Unit Specification presented to Network • Network Response

  7. NETWORK RESPONSE • Network Response – Draft Unit Specification not well received. It was felt that the New Unit Specification was too difficult and would result in very few ‘A’ Grades.

  8. COMPROMISE • After consultation it was decided that the existing Unit Specification, with some alterations, would be acceptable

  9. ALTERATION TO UNIT SPECIFICATION • Structure of the Instrument of Assessment changed

  10. STRUCTURE OF INSTRUMENT OF ASSESSMENT • Inclusion of Using Financial Accounting Software as Recommended Prior Knowledge and Skills • Computational – 60% • Narrative – 40%

  11. COMPUTATIONAL • 3 Sections:- • Purchase of Materials and Wages Analysis – 10% • Ledger Accounts and Trial Balance – 25% • Preparation of Final Accounts – 25%

  12. NARRATIVE • Now split in to two Sections:- • Section A – Financial Accounting • Section B – Management Accounting

  13. SECTION A – FINANCIAL ACCOUNTING • Candidates will be given the choice of 3 Questions and must answer 2

  14. FINANCIAL ACCOUNTING • Choice of 3 Questions from the following: • Users of Financial Information and Interpretation of Final Accounts • Preparation of Final Accounts and Year End Adjustments • Financial Accounting Software Packages • Accounting Control Mechanism • Distinction between Financial and Cost Accounting

  15. SECTION B – MANAGEMENT ACCOUNTING • Candidates will be given the choice of 3 Questions and must answer 2

  16. MANAGEMENT ACCOUNTING • Choice of 3 Questions from the following: • The Theory and Practice of Budgeting • Cost Behaviour • Costing Systems • The use of IT to assist in the provision of Management Information • Distinction between Cost and Financial Cost Accounting

  17. Questions?

More Related