1 / 8

HN Accounting Workshop Session 2 Implementation of revised courses

HN Accounting Workshop Session 2 Implementation of revised courses. Workshops. Revised Units – review of Outcomes, assessment conditions, error tolerances, time guidelines Error tolerances – marking implications International Accounting Standards – implementation and training

maris-wolfe
Download Presentation

HN Accounting Workshop Session 2 Implementation of revised courses

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. HN Accounting Workshop Session 2Implementation of revised courses

  2. Workshops • Revised Units – review of Outcomes, assessment conditions, error tolerances, time guidelines • Error tolerances – marking implications • International Accounting Standards – implementation and training • Formative e-assessments

  3. Workshop – Error tolerances • Discuss and list possible examples of: - errors of principle - arithmetic/computational errors

  4. International Accounting Standards • Financial Reporting and Analysis - Unit specification allows the continued use of UK GAAP or IAS - EV advice concurs and centres must clearly identify which standards have been adopted - Outcome 1 includes requirement for main differences in presentation between UK GAAP and IAS1 to be identified

  5. International Accounting Standards • Exemplars – will continue to be UK GAAP so may need to be adapted for IAS • Graded Unit 3 – consistent with approach in component Units • Other Units – financial statements are for internal use only however guidance suggests that candidates be made aware of the main differences • Training course available – Thursday 17 June at Scotland’s Colleges, Stirling

  6. Formative e-assessments • Formative e-assessments being written for all Outcomes of the following Units: - Recording Financial Information - Preparing Final Accounts - Cost Accounting - Management Accounting Using IT - Payroll www.sqasolar.org.uk

More Related