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Changes to professional standards — accounting treatment of leases

You can find and read the unit specifications referred to below by using the Unit Search on our website. You can request access to the assessment support packs referred to below by contacting the SQA co-ordinator in your centre. Once you receive the documents, you must store them securely and treat them as confidential.

The following unit specifications and assessment support packs have been reviewed and updated in response to the changes to the professional standards relating to the accounting treatment of leases (as highlighted in our September 2019 issue):

 Unit code

 Unit title

 HR1M 48

 Accounting for Specialised Transactions

 HP08 48

 Financial Reporting and Analysis

 J11S 48

 Business Taxation

 HR15 48


 HR1L 48

 Accounting: Graded Unit 3

 HT1X 48

 Financial and Business Management: Graded Unit 3

One or more of the units above contribute to the following group awards:

 Group award code

 Group award

 GM96 47

 SQA Advanced Certificate in Accounting

 GM8G 48

 SQA Advanced Diploma in Accounting

 GM8A 47

 SQA Advanced Certificate in Business

 GM8Y 48

 SQA Advanced Diploma in Business

 GP3H 48

 SQA Advanced Diploma in Financial and Business Management

 GM52 48

 SQA Advanced Diploma in Business with Accounting

Guidance outlining the effect on the individual units, along with the delivery and assessment arrangements for sessions 2019-20 and 2020-21, can be found on the SQA Advanced Certificate/Diploma in Accounting web page under the Support materials heading.