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Brisbane Girls Grammar School

Accounting Work Programme

Accounting Senior Syllabus, QSA, 2010


Combined Course Organisation/Assessment Plan Year

Sem

Area of Study/Organiser

Wks

Hrs

Inst No.

Assessment technique/s

Conditions

11

1

CS1 Core Studies 1 (R&C)

8

30

1

CS2 Core Studies 2 (R&D)

7

25

2

Practical assessment Supervised written Practical assessment

ES2 Accounting for Cash (R&C) ES3 Accounting for Accounts Receivable (R&C) ES6 Internal Controls (R&C)

5

18

3

3

12

4

7

25

5

CS4 Budgeting (R&D) – spreadsheeting ES5 Non-current assets (R&C) - spreadsheeting ES8 Accrual Accounting (R&D) ES9 Analysis of Financial Reports (R&D)

3

12

6

4

14

7

4

14

8

4

15

9

ES1 School-developed Investigation or Independent Investigation(R&D) CS3 Integrated Accounting Package

5

18

5

18

2

12

3

4

F/S

K&PP

I&E

APP

Unsupervised assignment and 50 mins, supervised 90 mins, supervised

F

F

Practical assessment

90 mins, supervised

F

Practical assessment Supervised written Supervised written (extended response) MONITORING Practical assessment supervised written Practical assessment supervised written Practical assessment supervised written Supervised written (extended written response)

50 mins, supervised

F

90 mins, supervised (seen stimulus) 500-700 wds

F

Supervised assignment (2 lessons) 90 mins, supervised

S

Unsupervised and supervised assignment 3 days + 50 mins Supervised (unseen) 120 mins, 600-800 words

S S

10

Extended response

Research assignment Unsupervised 800-1200 words

S

11

Practical assessment

Unsupervised assignment with supervised component 3 days + 50 mins

S

90 mins, supervised

S

    

VERIFICATION ES11 Cash Flows (R&D)

5

19

12

Practical assessment Supervised written

 1


Student Profile Name: _______________ Sem

Inst No.

Section Code Area of Study/Organiser

1

1

CS1 Core Studies 1 (R&C)

F

2

CS2 Core Studies 2 (R&D)

F

3

ES2 Accounting for Cash (R&C)

F

4

ES3 Accounting for Accounts Receivable (R&C) ES6 Internal Controls (R&C)

F

2

5

K&PP

F

MONITORING 3

4

6

CS4 Budgeting (R&D) – spreadsheeting

S

7

ES5 Non-current assets (R&C)

S

8

ES8 Accrual Accounting (R&D)

S

9

ES9 Analysis of Financial Reports (R&D)

S

10

ES1 School-developed Investigation or Independent Investigation (R&D)

S

11

CS3 Integrated Accounting Package (R&C)

S

VERIFICATION 12

ES11 Cash Flows (R&D)

S

EXIT

I&E

APP

LOA


Outline of Intended Student Learning - KPP Year: Semester: Hours: Area of study: Dimension: Assessment technique:

11 2 12 hours ES3 Accounting for Accounts Receivable Knowledge and Procedural Practices Practical assessment

ES3 Accounting for Accounts Receivable Specific Objectives/Subject Matter Knowledge and Procedural Practices Students should be able to: Identify, describe and explain:  Interest on overdue accounts  Bad debts and bad debts recovered  Purpose and nature of provision for doubtful debts account  The distinction between bad debts and doubtful debts  Methods of estimating doubtful debts Apply fundamental accounting concepts to:  Calculate amount of bad debts and provision for doubtful debts  Record general journal entries for interest, bad and doubtful debts and provision for doubtful debts  Post from specialised journals and cash journals to the accounts receivable control account and other general ledger accounts

Learning Experiences            

Discuss concept of credit from both a personal and business point of view distinguishing between each Discussion about contents of an internal credit policy detailing strategies for debt collection Examination of the contents of the terms and conditions offered by a business offering credit to a customer Discussion of methods of determining doubtful debts Examination of an aged debtors analysis as a method of determining an estimate of doubtful debts Comparison with other methods of determining doubtful debts (guess, percentage of accounts receivable, set amount) Development of language skills by writing letters explaining credit policy and credit worthiness Discussion of cycle billing and debt collection strategies Guest speakers from debt collection agency or representative from the credit department of a large organisation Discussion on different credit application forms and their requirements Write paragraphs to explain bad debts, doubtful debts, bad debts recovered and provision for doubtful debts Guided practice on preparation of general journal and general ledger and accounts receivable subsidiary ledger: posting from specialised journals to the accounts receivable control account Independent practice using text exercises on preparation of general journal, general ledger and accounts receivable subsidiary ledger control account Using Excel to display general journal and ledger accounts

3


Outline of Intended Student Learning – I&E Year: Semester: Hours: Area of study: Dimension: Assessment technique:

12 3 22 hours Reporting and Decision Making Interpretation and Evaluation Extended Response

ES1 School Developed Investigation or Inedpendent Investigation Specific Objectives/Subject Matter Interpretation and Evaluation Students should be able to: Analyse accounting information about fraud cases to understand – understand what is meant by the term fraud – be able to distinguish between different types of fraud but focus on distinguishing occupational fraud (perpetrated by employees) from other types of fraud e.g. corporate fraud, tax fraud, medicare fraud and other forms of deception such as: o corruption o bribery o kickback schemes o bid-rigging schemes o economic extortion o iIllegal gratuities o conflicts of interest – what it means to breach fiduciary duty: the existence of a fiduciary relationship between the plaintiff and the defendant.

how occupational fraud is perpetrated focussing on case studies and their description of various fraud schemes such as: o Larceny (vs embezzlement vs conversion) o Skimming o Fraudulent disbursements  Billing schemes  Payroll schemes  Expense reimbursements schemes  Cheque tampering  Register disbursements

Develop reasoned arguments to justify conclusions, decisions, judgments and recommendations about the link between internal controls and occupational fraud: – identify accounting and administrative controls to prevent fraud – identification of ‘red flags’ –

Importance of a control culture and strong internal

Learning Experiences    

    

   

 

 

Construction of a topic overview Take notes about the topic Devise a grid which could be used to analyse various elements of the case studies on fraud Seeking out and discussion of fraud cases to understand what the fraudster has done to manipulate the controls that are or are not in place Group discussions to distinguish types of frauds Researching occupational vs other types of fraud Group work to analyse a given situtation and respond in a suitable format Analyse problems posed through controls not being in place Evaluate responses by a business or processes used to determine how fraud was discovered and why the fraud occurred to see if the processes need review or adjustment Write paragraphs to show understanding of the different types of fraud Contributing to a wiki on causes of fraud – research ‘the psychology of fraud’ and ‘the fraud triangle’ Contributing to a forum on topic of red flags that relate to fraud cases analysed Construction of a mind map to organise a response to a theory question relating to controls that are breached through occupational fraud researching actual cases of fraud through internet searches of newspapers and other relevant sites research the KPMG Fraud Survey – take care to distinguish the Australian vs the American survey which is done every two years; when using Australian cases use Australian reserach data – when using American cases use American research data internet search and read about fraud compile a media log of cases collected during the study of the topic

4


controls

consider the work of a ‘forensic accountant’ and also a fraud squad detective and auditor: distinguish these roles – Prevention and detection of fraud – Good internal controls o Separation of duties o Rotation of duties (holidays mandated) o Proper authorisation for account adjustments Communicate accounting information using appropriate modes for a variety of purposes: o Communicate in a stated genre type a synthesis of facts and analyis of the cases from fraud cases analysed o Link the facts of the frauds in the cases to an analysis of the internal controls that were not in place and allowed the fraud to be perpetrated –

5


bggs acct prog 2012