National 5 Accounting
The National 5 Accounting Course enables learners to understand and use financial information, so that they can prepare accounting statements and analyse, interpret and report on an organisationís financial performance. The Course develops learners' knowledge and understanding of the relevant accounting concepts and techniques used to prepare financial information.
Updates and announcements
- May 2016 subject update (238 KB)
- October 2015 subject update (302 KB)
- August 2015 subject update (National 5 - Higher) (96 KB)
- May 2015 subject update (206 KB)
- January 2015 subject update (Advanced Higher) (406 KB)
- September 2014 subject update (224 KB)
- Special Edition Update June 2014 (152 KB)
- June 2014 update letter (399 KB)
- September 2013 update letter
Assessment conditions in the National 5 Accounting assignment
Following the publication of the 2014-15 National 5 Accounting Course Report (available from the Verification and Course Reports tab below), it shows that there continues to be a lack of correlation between candidate performance in the National 5 Accounting question paper and the National 5 Accounting assignment. Though it is noted that the national picture has improved compared to session 2013-14, some candidates are still gaining very high (or full) marks in the assignment but achieving comparatively low marks in the question paper.
The assignment offers candidates the opportunity to tackle topics and questions from the Course in a different way to the challenges offered by the question paper. Any task offered in the assignment could also appear in the question paper and vice versa. For this reason, we would expect to see comparative performance and a strong correlation across both Course components.
Centres are reminded that we have published guidance on the requirements for conducting and supervising the National 5 Accounting assignment and that these requirements must be followed. This includes important information on what level of assistance may be provided to candidates and the timing of the assignment; both of which are key to the fair completion of the assignment for all candidates. This guidance is included in the Course Assessment Specification and General assessment information documents.
The following is a link to the assessment conditions for the N5 Accounting assignment:
Teachers and lecturers are further reminded that the function of their role in dealing with the externally assessed assignment is purely one of administration and supervision. Centres are charged with administering the assignment and to that end, the role of the teacher or lecturer is effectively limited to that of an invigilator. Teachers and lecturers must not provide feedback or comment to candidates on any aspect of the assignment; nor should they mark any part of the assignment prior to its submission to us.
We will again be contacting and visiting some centres directly to discuss this further, however if you have any concerns which you wish to discuss please contact our Customer Support Team on 0303 333 0330 or email firstname.lastname@example.org
This explains the overall structure of the Course, including its purpose and aims and information on the skills, knowledge and understanding that will be developed.
Course Assessment Specification
This explains the structure of the Course assessment; including the type and method of assessment. It also includes information on Course coverage.
These provide an outline of what each Unit will cover within the Course and detail the Outcomes and Assessment Standards.
Advice and guidance
Course and Unit Support Notes
These provide advice and guidance for teachers/lecturers on learning, teaching and assessment within the Course and its Units.
The following document contains the Course Support Notes and the Unit Support Notes for this Course. They can be printed together or separately.
- National 5 Accounting Course and Unit Support Notes
Past Papers and Marking Instructions
Specimen and Exemplar Question Papers and Marking Instructions
These illustrate the standard, structure and requirements of the question papers learners will sit. These also include marking instructions.
General assessment information provides instructions for the conduct of coursework, an overview of the assessment task, evidence to be gathered and general marking instructions.
Coursework assessment tasks provide the live assessment task, including marking instructions and instructions for candidates. Teachers/lecturers can access these confidential documents through their SQA Co-ordinator.
Information on the production and submission of SQA-assessed coursework for National 5, Higher and Advanced Higher.
Unit Assessment Support
These documents contain details of Unit assessment task(s), show approaches to gathering evidence and how the evidence can be judged against the Outcomes and Assessment Standards. Teachers/lecturers can arrange access to these confidential documents through their SQA Co-ordinator.
Understanding Standards materials
We are publishing examples of candidate evidence with commentaries as part of our Understanding Standards programme. These materials are for teachers and lecturers to help them develop their understanding of the standards required for assessment. As these materials become available, they are being published in the following locations:
- Available from our secure website Materials relating to Unit assessment, internally assessed components of Course assessment, and externally assessed components of Course assessment which are subject to visiting assessment. Teachers and lecturers can arrange access to these materials through their SQA Co-ordinator.
- Available from our Understanding Standards website Materials relating to externally assessed components of Course assessment, with the exception of those subject to visiting assessment.
More information on our Understanding Standards programme, can be found on our Understanding Standards page.
Verification and Course Reports
- Accounting Verification Key Messages†
- 2014 National 5 Accounting Course Report
- 2015 National 5 Accounting Course Report
- Accounting Verification Key Messages
- Accounting Verification Key Messages Round 1
- Accounting Verification Key Messages Round 2