Icas School Notes Article

Section 1 2 3 4 Introduction and Assessment Outcomes and Criteria Inside Controls and Fraud Getting weaknesses and making tips Report Program Deadlines Survey Guide Business English Other requirements

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1 Intro and Examination

What is ICAS? The Internal Control and Accounting Systems (ICAS) unit needs students to write a 3500-4000 word report to show their knowledge of inside controls within a business and evaluating accounting systems. This unit is definitely your opportunity to showcase the skills and know-how you have obtained through your examinable units with the AAT. You will be required to discover areas of weak spot that could cause errors in the accounts, and assess the potential for fraud to occur. You will have to identify recommendations to cope with these issues and detail their costs and benefits. The report could have section and paragraph quantities that you will use for complete a umschlusselung document, displaying how the report includes the AAT requirements. Its also wise to provide a page (witness testimony) to confirm that your statement is all the own job. If necessary you may also incorporate some verbal asking yourself in a last interview to verify authenticity. ICAS is a mandatory unit and key to getting the level 5 qualification pertaining to AAT. The report must be written with a standard of business English language and has to be word prepared to show professional presentation.

Idea It is up to you to choose the theme of your survey. This involves choosing the company that you'll base your report about. If you are presently employed this may be the business to work. Should you be not at the moment employed then you could use previous employment activities (up into a maximum of 2 years old). Because noted over, your company will need to set a letter to authenticate the report. On the other hand, the AAT provides a case study for those who have simply no relevant job history. In this situation your assessor will authenticate your survey. Once you have chosen your idea you will need to recognize all or element of an accounting function which has or is experiencing problems; this could range between budgeting, share control, payroll, petty funds, expenses, credit rating control etc . You need to identify where these types of problems can result in errors in the accounts and where there is definitely potential scam risk.

The AAT case studies will be written to have several aspects of weakness. This is to ensure that the reports received by assessors highlight place to place, which helps authentication. If you work with a case analyze, you are not expected to fix all the weaknesses; you should choose one place to focus your report on. If you make an effort to write about way too many areas then you certainly will not be in a position to cover conditions in full and maintain within the expression count. If your report will be based on your place of work then need to respect your employee's work of confidentiality to your company. Your company may allow you to name your firm alternatively you can provide the organisation a false name. The report has to be objective but not a in-take for personal thoughts.

Mentor, Witness and Assessor roles The AAT advise that if you are talking about your workplace, you ask someone at work to mentor you. They do not must be a collection manager; that they could help with ideas, resistant reading, and motivating one to meet your deadlines. They must not write down thier report to suit your needs! If authoring your workplace AAT require us to obtain a letter through your line director to confirm the report is factually right and your personal work. This really is called a Observe Testimony. If you are using the case research your assessor will authenticate your work and write a Witness Testimony for you personally. Your Kaplan assessor will offer feedback with your plan and your report and gives formative guidance if essential (see beneath on Assessment).

Assessment and LearnPlus First of all your plan will be evaluated to ensure you have core areas of research finished. This can be...

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