Changes to the Chartered Accountants Program will strengthen assessment process

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Changes to the Chartered Accountants Program will strengthen assessment process

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	Key points From Term 3 2009, the Chartered Accountants Program assessment framework for technical modules will change The Extension Project, now known as the ‘Project’, will be weighted to 20 per cent of the module mark, with the final examination weighted to 80 per cent The changes simplify the assessment process and improve the security and integrity of results.

Candidates commencing a technical module of the Chartered Accountants Program in Term 3 2009 (enrolments open for MAA and FIN 13 July 2009) will now be assessed using a new framework. The new assessment framework consists of the Project weighted to 20 per cent and a final examination weighted to 80 per cent of the module mark. Attendance at the four focus sessions remains a requirement of the course.

The new framework will streamline the assessment process, reduce candidate workload in the Project and strengthen the focus on exam preparation. Improved security and integrity of the results are also outcomes from the changes.

To pass a technical module, candidates must:

Achieve a pass in the examination – a minimum of 40 marks out of 80
Achieve a pass in the module – a minimum of 50 marks out of 100 (combined project and exam mark)
Attend four focus sessions.

The changes allow candidates to better direct their resources and time to the two core assessment components and, with their employers, have more control in planning for the demands of post graduate study.

The changes are based on a review of the Program’s assessment strategy commissioned by the Institute’s Education Board in December 2008 to ensure the ongoing rigour and relevance of the Chartered Accountants Program.

For more information on the changes to the technical module assessment framework, please call the National Customer Service Centre on 1300 137 322.

Relevant link:

The Institute: Chartered Accountants Program.

Last updated: Thursday, 9 July 2009