2. Accounting: Graded Unit 2 (Project) Graded Unit 3 (Examination)

3. Delivery of the Units GU2 Last year – January to June
This year – August to March
Submission dates for Planning, Developing and Evaluating stages
GU3
March to June
1st sitting end of May; 2nd sitting 3 weeks later

4. Staffing Experienced accounting lecturers GU2
Lecturer who had delivered Cost Accounting, Management Accounting Using IT and 2nd year Management Accounting Units
Some limited experience of delivering projects
GU3
Lecturer who had delivered all Financial Accounting Units
Input from tax lecturer
Experience of preparing students for NQ examinations / GU1

5. Lessons from first year – GU2
Organisation – early in year
Good plan  Good project
Students understanding of requirements
Deadlines / mentoring / monitoring progress
Report layout / use of formal wording
Word count

6. Lessons from first year – GU3
Revision topics – FR&A, AST, Business Tax
Integration of input from tax lecturer
How to revise  study plan
Practice exam – marking and feedback

7. Marking and Verification
Consistent approach
Show where marks gained/subtotals etc
GU2 – ensure candidates have achieved the minimum evidence requirements for each stage
GU2 – extended version of marking scheme
GU3 – consequential errors/extraneous items
Checklists
Student feedback on scripts
Evidence of Internal Verification and/or double marking

8. Feedback from students
Stressful completing both GUs in Block 3
Spent significantly longer on GU2 than any other 1 Credit Unit on the course
However:
Gained confidence about researching and completing work independently
Exam really helped them to retain accounting and tax knowledge