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Level 3 Foundation Diploma in Accountancy

Assignment workshop: drafting, feedback and improvement

AB301 · Recording Financial Transactions — Week 14 of 16

CourseAB301
Week14 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Assignment workshop: drafting, feedback and improvement

  1. Drafting against the criteria
  2. Tutor and peer feedback
  3. Improving the final submission
  4. Feedback and peer review
  5. Things To Do Before You Hand In Your Assignment
  6. Feedback and evaluation

What you will be able to do

  • 1.1 Explain why business organisations need to record financial transactions.
  • 1.2 Describe how the recording of financial transactions meets the needs of the organisation’s internal and external stakeholders.
  • 2.1 Describe principal source documents and Books of Prime (Original) Entry used to record financial transactions.
  • 2.2 Prepare principal source documents and Books of Prime (Original) Entry for business transactions.
  • 3.1 Differentiate between capital and revenue expenditure and income.
  • 3.2 Describe the accounting approaches utilised for items of capital and revenue expenditure and income.
  • 3.3 Evaluate the impact on profit and asset valuations of incorrect management of capital and revenue expenditure and income.

Activity

Start with this week’s 3 videos, then: Draft the assignment, get feedback and improve it before submission.

Study materials

Videos

  • Feedback and peer review · YouTube · Akademiskt skrivande/Academic Writing · 6 min · for registered students
  • Things To Do Before You Hand In Your Assignment · YouTube · University of Staffordshire Student Life · 22 min · for registered students
  • Feedback and evaluation · Oak National Academy, Key Stage 4 (GCSE level) · for registered students

Further resources

  • Writing Guide, 3.5: Peer review and using feedback · PDF · OpenStax, textbook chapter; pp. 92–94 · for registered students
  • Writing for Success, ch. 8.1–8.3: Prewriting, outlining and drafting · PDF · Saylor Academy, textbook chapter; pp. 281–318 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Purpose of Recording Financial Transactions
  • Week 2: Stakeholder Needs and Financial Information
  • Week 3: Principal Source Documents
  • Week 4: Preparation of Business Source Documents
  • Week 5: Books of Prime Entry Overview
  • Week 6: Cash and Bank Prime Records
  • Week 7: Preparing Books of Prime Entry
  • Midterm: Midterm evaluation
  • Week 9: Capital and Revenue Classification
  • Week 10: Accounting Approaches for Capital and Revenue Items
  • Week 11: Evaluating Misclassification of Capital and Revenue
  • Week 12: Applying Recording Financial Transactions in practice: case…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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