HN Accounting Network Support Event Thursday 19 February 2015

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

Network Support Event - Programme SQA Update SEV Annual Update Introducing FRS102 within HNC/D Accounting Using FRS102: a Practitioner’s Perspective Standardisation: the Challenges within a Newly Merged Centre E-assessment within SQA Qualifications Two Workshop Sessions – Applying FRS102 in Teaching, Learning and Assessment; and E-assessment within HNC/D Accounting Plenary

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HN Accounting - Highlights Revision of SCQF level 6 and 7 HN Accounting Units and ASPs to meet requirements of FRS102 Preparing Final Accounts will become Preparing Financial Statements - but no code change Review of Accounting for Specialised Transactions to be encompassed in revision of SCQF level 8 Units to meet FRS102 requirements SCQF level 8 HN Accounting Unit specifications and ASPs will be revised, to meet FRS102 requirements, during the next operational year (April-March) Business Accounting (F84M 34)

HN Accounting – Highlights (cont) 4th ASP for Accounting: Graded Unit 1 now available (developed using FRS102 terminology and layouts) Accounting: Graded Unit 2 – Exemplar 4 became available in October 2014 another ASP is currently being vetted QST Meetings Centre/Candidate Surveys Communication: Business Communication (H7TK 34) replaces Communication: Analysing and Presenting Complex Communication (DE3N 34) – optional Unit within HN Accounting framework

HN Accounting – Subject-related Qualifications Certificate in Payroll (GJ6A 46) at SCQF level 6 – accredited in June 2014; MA in Payroll approved in December 2014 SVQ4 in Banking and Insurance – accredited in January 2014 Diploma in Audit Practice (GJ12 48) at SCQF level 8 Diploma in Business Accounting Practice (GJ0Y 48) at SCQF level 8 Diploma in Management Consulting Practice (GJ10 48) at SCQF level 8 Diploma in Tax Practice (GJ11 48) at SCQF level 8 http://www.skillsdevelopmentscotland.co.uk/our-services/modern-apprenticeships/modern-apprenticeship-frameworks/financial-services/

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