5 July 2018
Notice 027/18
Amendments have been made to the Accounting General Senior Syllabus 2019.
Summative internal assessment 1 (IA1): Examination — combination response
Assessment objectives 1, 2, 3 and 6 have been amended to better describe the assessment requirements.
The specifications and conditions of the assessment have been amended to ensure consistency across the syllabus.
The instrument-specific marking guide has been amended to better describe the evidence required.
Summative internal assessment 2 (IA2): Examination — combination response
The assessment has been changed to an Examination — combination response.
Assessment objectives 1, 3, 5 and 6 have been amended to better describe the assessment requirements.
The specifications and conditions of the assessment have been amended to ensure consistency across the syllabus.
The instrument-specific marking guide has been amended to better describe the evidence required.
Summative internal assessment 3 (IA3): Project — cash management
Assessment objectives 2, 3, 4, 5 and 6 have been amended to better describe the assessment requirements.
The specifications and conditions of the assessment have been amended to ensure consistency across the syllabus.
The instrument-specific marking guide has been amended to better describe the evidence required.
Summative external assessment (EA): Examination — short response
Assessment objectives 1, 2, 3 and 4 have been amended to better describe the assessment requirements.
The specifications and the summary of the external assessment and assessment summary have been amended to allow for flexibility in the external assessment.
Objectives
Syllabus objective 1 has been revised to incorporate both Syllabus objectives 1 and 2 from version 1.1.
Syllabus objectives 2–6 and their explanatory paragraphs have been amended for clarity.
Unit objectives have been amended to align with the changes to syllabus objectives.
Unit 1
Unit 1 has been modified as follows:
- unit description and unit requirements have been clarified and Unit objectives 1, 2, 3, 4 and 6 have been reworded for clarity
- subject matter has been clarified to align with unit objectives
- Topic 2 — ‘financial statements’ has replaced ‘reports’ and ‘public’ has replaced ‘publicly listed’.
Unit 2
Unit 2 has been modified as follows:
- unit description and unit requirements have been clarified and all unit objectives have been reworded for clarity
- subject matter has been clarified to align with unit objectives
- Topic 1 — ‘supplies’ has replaced ‘sales’
- Topic 2 — ‘going concern principle’ has replaced ‘matching concept’, ‘no calculations’ has replaced ‘amounts stated’ and ‘profitability’ has replaced ‘management effectiveness’; ‘profitability ratios’ and ‘liquidity ratios’ have been included.
Assessment guidance
Unit 1 and Unit 2 guidance has been amended to support schools, especially those that may decide to implement a concurrent delivery model.
Unit 3
Unit 3 has been modified as follows:
- unit description and unit requirements have been clarified and all unit objectives have been reworded for clarity
- subject matter has been clarified to align with unit objectives
- Topic 1 — ‘other’ has replaced ‘revenue’ and ‘business report’ has replaced ‘two-page letter of advice’; ‘matching concept and depreciation’, ‘in the general ledger’, ‘calculate’ and ‘and record in the general ledger’ have been removed; ‘non-current’ has been included
- Topic 2 — ‘statements’ has replaced ‘reports’; ‘accounting period and accounting entity’, ‘monetary principle, going concern and historical cost’ and ‘relevance (including materiality), reliability, comparability and understandability’ have been included; ‘matching concept’ and ‘matching concept and provision for doubtful debts’ have been removed; ratios have been included.
Unit 4
Unit 4 has been modified as follows:
- unit description and unit requirements have been clarified and all unit objectives have been reworded for clarity
- subject matter has been clarified to align with unit objectives
- Topic 1 — ‘describe’ and ‘explain’ subject matter has been removed
- Topic 2 — ‘matching concept’ and ‘adjustments to accounts on balance day and the matching concept’ have been removed; ‘non-current’ and ‘straight-line and diminishing balance methods’ have been included; ‘create’ subject matter has been removed
- Topic 3 — ‘cash flow and company’ has been removed; types of ratios have been included; ‘create’ subject matter has been removed.
Teaching and learning
The pedagogical and conceptual frameworks have been amended for clarity.
Reporting standards
The A–E reporting standards have been amended to align with the changes to the instrument-specific marking guides.
The Accounting General Senior Syllabus 2019 (v2.0) and associated resources are available in the QCAA Portal. The syllabus is also available on the QCAA website.
More information
Joanne Gordon, Learning Area Manager (Humanities and Social Sciences)
Brad Blashak, Learning Area Manager (Humanities and Social Sciences)
Email: HASS@qcaa.qld.edu.au
Telephone: (07) 3864 0248
- Last reviewed:
- 25 July 2018
- Last updated:
- 5 July 2018
