Accounting IssuesAccounting IssuesHN Business Network Event
23 February 2011
Comments ReceivedComments Received
Issues raised relating to the unit specifications & assessment exemplars for the revised versions
Worthwhile covering this topic at this event Comments re the following Units:
– Business Accounting F84M 34
(unit & exemplar)– Recording Financial Transactions F847 33
(exemplar only)
Business Accounting - Issues RaisedBusiness Accounting - Issues Raised
Dividends Main comments arise from treatment of
dividends in both the unit specification & exemplar
Considerable time was spent revising the Unit Opportunity was available for comments
throughout the process of the HN Review Few comments were received
Business AccountingBusiness Accounting Financial statements for INTERNAL use There have been major changes in the
accounting profession since the unit was revised Exemplar prepared to meet unit specification
which included dividends Exemplar is an EXAMPLE of how learners may
be assessed If changes are required then make them and
record why and how Ensure subject to IV
What to do ......What to do ......
There have been some amendments to the unit specification
Resulting in some amendments to the assessment exemplar
Please think of writing your own assessment instruments
Perhaps share with colleagues from other centres
A plea from me......A plea from me...... Any comments on Units or Assessment
exemplars should be made through SQA An HN Unit comment form can be found on the
SQA website for Unit specifications and a comment form for exemplars
Please avoid emailing or phoning me on my personal contact address/number
SQA need to monitor comments to identify if there are issues with specific units/exemplars
Trust your own judgement.
Recording Financial TransactionsRecording Financial Transactions
Requires some amendments to the exemplar These will be made and communicated to
centres in the next few weeks.
And finally ....And finally ....
We welcome your comments Please remember before you criticise an
exemplar – the person sitting next to you may have written it!
If you’ve already written instruments of assessment consider sharing them.