Business - National Qualifications
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Deus Solum Sufficet - God Alone Suffices
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Contact Details
St. Andrew's & St. Bride's High School Platthorn Drive East Kilbride G74 1NL
Phone: 01355 574110 Fax:  01355 574111 Email:  Email us Here Directions to School:  View Here

NATIONAL 5 ACCOUNTING
 
The purpose of the Course is to enable learners to calculate and analyse financial and management accounting statements and make appropriate decision and recommendations from their outcome.
 
The main aims of this Course are to develop and accounting skills of the learner.
 
Content:
 
The pace of learning is set at a level appropriate to the ability of pupils.  For each topic covered there are introductory teacher-led lessons.  Following on from this individualised learning will take place.  To enhance pupil accounting knowledge ICT tasks are incorporated into each element of the course and pupils will complete a written and ICT assessment for each topic covered.
 
The Course includes three mandatory Units. Each of these units is designed to provide progression from the related Unit at National 5 to the related Unit at National 6 level.   To gain the award of the Course, the learner must pass all of the Units as well as the Course assessment.
 
The required Units are shown below:
 
Preparing Financial Accounting Information 

The aim of this unit is for the learner to develop the skills to complete double entry book-keeping, as well as Final Accounts for a Sole Trader.
 
 
Preparing Management Accounting Information 

The aim of this unit is for the learner to investigate the use of management accounting systems as a means of planning and control.  The learner will be asked to prepare a range of accounting statements from the following areas:  Stock Valuations (LIFO & FIFO), Cash Budgets, Overhead Analysis, Job Costing.
 
Analysing Accounting Information 

The unit looks at accounting information as a decision-making tool.  The learner will calculate Break-Even and the profit made where there are limited resources.


Unit Assessments


All Units are internally assessed and assessed on a pass/fail basis within the school. SQA will provide external verification, to ensure assessment judgments are consistent and meet national standards.

 

Topic Outline of Element Taught
Prparing Financial Accounting Info Stock - LIFO, FIFO
Preparing Management Accounting Info
Analysing Accounting Information
Cash Budgets
Preparing Management Accounting Info Overheads Analysis and Unit Costing
Preparing Management Accounting Info Job Costing
Preparing Management Accounting Info Break-Even
Analysing Accounting Information Decision Making
Preparing Financial Accounting Info Trial Balance
Preparing Financial Accounting Info Final Accounts
Analysing Accounting Information Ratios
Preparing Financial Accounting Info Double Entry Errors
Preparing Management Accounting Info Job Cards


Below is a link to SQA website.  Access and answer past paper and assignment questions.
 
http://www.sqa.org.uk/pastpapers/findpastpaper.htm?subject=Accounting&level=N5


Further practice material for National 5 Accounting can be found by clicking on the following link:

http://www.sqa.org.uk/sqa/45689.html

on this SQA web page scroll down to Related Information box and choose;

National 5 Terminology and Resource Bank (the first bullet point)This resource bank will give pupils questions and solutions to all Accounting topics covered in the National 5 course
 
Further additional support material such as Accounting layouts for National 5 can also be found in the Related Information box.