HN Accounting Network Support Event Wednesday 17 February 2016

SQA Update Welcome and Introduction Domestics Purpose of Event Delegate packs Agenda for the day

Network Support Event - Programme SQA Update FRS 102 in Practice Tea/Coffee Ushare Demonstration Networking Session Lunch FRS 102 Update SEV Annual Update Workshops – FRA and AST Plenary

HN Accounting - Uptake HNC Accounting – 6th HND Accounting – 4th PDA Bookkeeping – 7th PDA Financial Accounting – 9th PDA Management Accounting – 11th

Management Accounting 121 88 75 79 69   2010/11 2011/12 2012/13 Type Code Level Title Entries Awards HN-P G9M5 15 Accounting 433 218 777 492 997 688 G9M6 16 81 565 113 684 384 PDA-N G8XK 47 Management Accounting 121 88 75 79 69 G8XM Financial Accounting 158 95 85 78 71 G8XN Book-keeping 255 200 216 163 236 173

*Figures up to and including 31 December 2015   2013/14 2014/15 2015/16* Type Code Level Title Entries Awards HN-P G9M5 15 Accounting 877 665 831 654 331 78 G9M6 16 830 452 926 599 488 54 PDA-N G8XK 47 Management Accounting 122 110 143 130 181 44 G8XM Financial Accounting 134 121 156 129 171 30 G8XN Book-keeping 213 189 162 174 43

HN Accounting – 2015/16 Introduction of revised Unit specifications and ASPs for HN Accounting Units at SCQF level 7 Working on revision of SCQF level 8 HN Accounting Units and ASPs to meet requirements of FRS 102 Review of Accounting for Specialised Transactions and Financial Reporting and Analysis being encompassed in revision of SCQF level 8 Units to meet FRS102 requirements

HN Accounting – 2015/16 Additional paragraph added to Conditions of Assessment in GU1 and GU3 Internal Assessment Reports

HN Accounting – 2016/17 Revise Cost Accounting to remove reference to LIFO (for August 2016) Monitor impact on Units, such as Payroll and Income Tax, to take account of any changes which may be required as a result of devolving fiscal powers to the Scottish Government

HN Accounting 2nd ASP for Accounting: Graded Unit 1 requires revision to comply with FRS102 terminology and layouts QST Meetings Centre/Candidate Surveys Information regarding HN Accounting placed on Subject web page – update letters, event presentations, etc Understanding Standards (login required for HN) - http://www.understandingstandards.org.uk/Home

HN Accounting – Subject-related Qualifications Award in Financial Services at SCQF level 6 Part of Foundation Apprenticeship in Financial Services School/College Partnerships

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