This week’s topics
Assignment workshop: drafting, feedback and improvement
- Drafting against the criteria
- Tutor and peer feedback
- Improving the final submission
- Feedback and evaluation
What you will be able to do
- 1.1 Explain why a business would keep financial records.
- 1.2 Explain the purpose of business accounting.
- 1.3 Explain the accounting requirements of different types of business.
- 1.4 State different types of business finance at different stages in the growth of a business.
- 1.5 Explain the different types of accounting and financial statements.
- 2.1 Demonstrate accurate use of the double entry accounting system.
- 2.2 Demonstrate accurate bank reconciliation.
- 2.3 Develop control accounts for accounts receivable and accounts payable.
- 2.4 Demonstrate how to correct errors in accounting records.
- 3.1 Explain how absorption and marginal costing is used for decision-making.
- 3.2 Explain how budgeting is used for financial planning and control.
- 3.3 Explain how to undertake investment appraisal.
- 4.1 Produce accurate absorption and marginal cost statements.
- 4.2 Calculate sub and overall variances.
- 4.3 Prepare accurate and subsidiary budgets.
- 4.4 Apply investment appraisal methods to alternative capital investment options.
Activity
Start with this week’s video, then: Draft the assignment, get feedback and improve it before submission.
Study materials
Videos
- 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
- Business Communication for Success, ch. 8: Feedback in the writing process · PDF · Saylor Academy, textbook chapter; pp. 290–322 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.