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 2010/11 Type Code Level Title HN-P G9M5 15 HN-P G9M6 PDA-N 2011/12 2012/13 Entries Awards Entries Awards Entries Awards Accounting 433 218 777 492 997 688 16 Accounting 81 565 113 684 384 G8XK 47 Management Accounting 121 88 75 75 79 69 PDA-N G8XM 47 Financial Accounting 158 95 85 85 78 71 PDA-N G8XN 47 Book-keeping 255 200 216 163 236 173 *Figures up to and including 31 December 2015 2013/14 Type Code Level Title HN-P G9M5 15 HN-P G9M6 PDA-N 2014/15 2015/16* Entries Awards Entries Awards Entries Awards Accounting 877 665 831 654 331 78 16 Accounting 830 452 926 599 488 54 G8XK 47 Management Accounting 122 110 143 130 181 44 PDA-N G8XM 47 Financial Accounting 134 121 156 129 171 30 PDA-N G8XN 47 Book-keeping 213 143 189 162 174 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 Keeping informed For more information, visit www.sqa.org.uk/cfe To receive email alerts, when content you are interested in has been added to or updated on SQA’s website, subscribe to MyAlerts at www.sqa.org.uk/myalerts Look out for Centre News – SQA’s weekly update for centres, and our monthly e-newsletter on the new National Qualifications. To subscribe to our newsletters, go to http://mailer.sqa.org.uk Follow us online YouTube – SQAonline Facebook – Scottish Qualifications Authority Twitter - @sqanews www.sqa.org.uk I 0303 333 0330