Accounting and FinanceVerification Group 266
Accounting and FinanceVerification Group 266
Verification FeedbackSession 2006/2007
Kim TreeSenior Verifier
Visiting VerificationVisiting Verification
Majority of visiting verification took place towards end of session 2006/2007
Some issues relating to second year HND Units were raised – these covered specialist subjects such as Taxation
Graded Units 2 and 3 were normally discussed during visits
Development visits undertaken at centres’ request
Central VerificationCentral Verification
5 days in June 2007 Team of 5 verifiers Verification of Graded Units 1, 2 and 3 Centres worked hard to meet the deadlines for
the events Centres are developing their practice with the
Graded Units and should be commended for this – well done
Central Verification – General IssuesCentral Verification – General Issues
Centres should:─ ensure that copy of assessment instrument and
detailed marking scheme used is submitted for each Graded Unit being centrally verified
─ submit full range of grades (A, B, C, fail/not achieved) within sample
─ if possible, include copy of Internal Verification record─ submit results sheet for ALL candidates entered for
each GU to allow EVs to see range of grades awarded
Graded Unit 1Graded Unit 1
Criteria for central verification: centres offering award for first time + random sample of other centres
Centres coping well with this Graded Unit
Still some evidence of consequential marking not being employed
Graded Unit 2 - ProjectGraded Unit 2 - Project
Many centres delivered GU2 for the first time in session 2006/2007
Evidence that centres are preparing candidates well for project
Evidence that centres are delivering Unit early in session to allow candidates sufficient time to complete tasks
Assessors must refer to minimum requirements when marking each stage of project
Graded Unit 2 – Areas for ImprovementGraded Unit 2 – Areas for Improvement
Budget information should be logical and be based on scenario given in question
Only allocate marks to budget calculations if work makes sense
Ensure figures follow through Candidates must pass planning stage before
continuing with project
Graded Unit 3 - ExamGraded Unit 3 - Exam
Information must be kept up-to-date Current standards and tax rates should be used
in the assessment of all HN Accounting Units Assessment instruments should be amended to
incorporate current rates Ensure candidates are not given information
relating to notes to accounts or narrative topics prior to assessment
Graded Unit 3 – Part 1 (Computational)Graded Unit 3 – Part 1 (Computational)
Apply consequential marking to the assessment
Ignore extraneous items
Assessment conditions should be adhered to
Candidates should not complete assessment in pencil
Graded Unit 3 – Part 2 (Narrative)Graded Unit 3 – Part 2 (Narrative)
Evidence of clear identification of marks awarded
Centres should discourage the use of bullet points in the solutions to narrative questions
Do not award marks for repetition of information within same question
Graded Units - Good PracticeGraded Units - Good Practice
Use of different coloured pens to distinguish between first and second marker
Clear indication on scripts where marks had been awarded
Individual marking sheets – including space for comments
Rigorous application of IV procedures
Graded UnitsGraded Units
Centres have risen to the challenge of the
Graded Units and progress is continuing to be made
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