Accounting For Excellence Level 3

ACCOUNTING FOR EXCELLENCE- LEVEL 3

Unit 5: Maintaining financial records and preparing accounts
Overview and introduction
The nature and control of capital transactions
Depreciation and disposal
The fundamental principles of accounting
Accounting for purchases and stocks
Bad debts, accruals and pre-payments
Incomplete records
The extended trial balance
Introduction to partnerships
Alterations to partnerships

Unit 6: Recording and evaluating costs and revenues
Overview and introduction
The accounts of a manufacturer
Basic principles
Material and labour costs
Absorption costing
Marginal costing and break-even analysis
Capital expenditure - investment appraisal
Process costing

Unit 7: Preparing reports and returns
Overview and introduction
Information assessment by external users
Information assessment by internal users
Statistical reports
Value added tax

Unit 21: Working with computers
Overview and introduction
Understanding your computer
Confidentiality
Saving and transferring documents
Printing your work
Data security
Risks in computer systems
Computer security and legal regulation
Presenting information

Unit 22: Contribute to the maintenance of a healthy, safe and productive working environment
Health and safety within the workplace
Security in the workplace

Accounting for Excellence Level 3 Assessment Pack
Introduction
Unit 5 Assessment tasks: Maintaining financial records and preparing accounts
Unit 6 Assessment tasks: Recording cost information
Unit 7 Assessment tasks: Preparing reports and returns
Unit 21 Assessment tasks: Working with computers
Unit 22 Simulation: Contribute to the maintenance of a healthy, safe and productive working environment
CD-ROM covering electronic tasks and activities