1.
Subsidiary journals are correctly compiled and checked for accuracy
Postings to ledgers are effectively done and checked for accuracy
Bank and creditors accounts are reconciled with relevant statements
Financial statements for sole traders and partnerships are drafted in accordance with accounting practice

2.
The function, characteristics and integration of each individual component of a computer system together with ways of communication are discussed
Individual files and workstations have been managed effectively with the use of System Software
Letters and reports are compiled by way of word processing
Documents involving financial calculations are prepared through a spreadsheet program
A database is set-up and data stored and retrieved

3.
Variability of expenses is determined
Stock ledger cards, illustrating the various evaluation methods are drawn up
The application of an ROP stock system
Overhead recovery rates are determined and applied to allocate overheads
Job and process costing systems are applied

4.
A valid organogram of an organisation is drawn up
The institute of Internal Auditors’ statement of responsibilities, standards for professional practice and code of ethics are applied to elementary business situations
Risk and control are described
The audit process is correctly described

5.
Elementary assignments are completed, demonstrating the effective development of an algorithm into a correct solution
A solution to a given business problem is implemented according to acceptable programming principles using current technology, and tested it until it produces the expected results

Integrated assessment:

Competency is formatively assessed by way of tests and projects, and summatively by way of written and practical examinations.