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