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Description
Level 4 End Point AssessmentThe purpose of the unit is to enable students to demonstrate their understanding of the role of the accounting function in an organisation and the importance of internal controls in minimising the risk of loss. Students will undertake an evaluation of an accounting system to identify weaknesses and assess the impact of those weaknesses on the operation of the organisation. Systems and Processes requires students to have a sound understanding of
The purpose of the unit is to enable students to demonstrate their understanding of the role of the accounting function in an organisation and the importance of internal controls in minimising the risk of loss. Students will undertake an evaluation of an accounting system to identify weaknesses and assess the impact of those weaknesses on the operation of the organisation.
Systems and Processes requires students to have a sound understanding of management accounting and financial accounting information requirements, and the way that the accounting function needs to support both areas. This Systems and Processes unit is only examined as part of the Professional Accounting Technician Apprenticeship Synoptic Assessment (PDSY), along with knowledge and understanding of management accounting and financial statements from previous studies.
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