MARK SHEET –BUDGETARY PLANNING AND CONTROL Centre Number : Centre Name : Learner Learner Registration No : Name: INSTRUCTIONS FOR ASSESSMENT AND USE OF MARK SHEET 1. Learner named above confirms Assessment must be conducted with reference to the assessment criteria (AC). In order to pass the unit, every authenticity of submission. AC must be met. Assessors will normally award marks for every AC and then total them into a percentage. However, for greater 2. ILM uses learners’ submissions – on simplicity, there is the option to not use marks at all and merely indicate with a ‘Pass’ or ‘Referral’ in the box an anonymous basis – for (below right). In order to pass the unit every AC must receive a ‘Pass’ assessment standardisation. By Where marks are awarded according to the degree to which the learner’s evidence in the submitting, I agree that ILM may use submission meets each AC, every AC must be met, i.e. receive at least half marks (e.g. min 10/20). this script on condition that all Any AC awarded less than the minimum produces an automatic referral for the submission information which may identify me (regardless of the overall mark achieved). is removed. Sufficiency descriptors are provided as guidance. If 20 marks are available for an AC and the evidence in the However, if you are unwilling to allow submission approximates to the ‘pass’ descriptor, that indicates it should attract 10 marks out of 20, if a ‘good ILM use your script, please refuse by pass’ then ca. 15 out of 20. The descriptors are not comprehensive, and cannot be, as there are many ways in which a submission can exceed or fall short of the requirements. ticking the box: □

Learning Outcome / Section 1: Understand how budgetary planning and the effective and controlled implementation of budgets both support and deliver the organisation’s objectives

Assessment Criteria Sufficiency Descriptors Assessor feedback on AC [Typical standard that , if replicated across the whole submission, would produce a referral, [comments not necessary in every box] (AC) borderline pass or good pass result] Referral [4/16] Pass [8/16] Good Pass [12/16] AC 1.1  The effectiveness of the  The effectiveness of the  The effectiveness of the organisation’s budgetary organisation’s budgetary organisation’s budgetary Review the effectiveness planning process in planning process in planning process in of the organisation’s supporting the delivery of supporting the delivery of supporting the delivery of budgetary planning the organisation’s the organisation’s the organisation’s process in supporting the strategic objectives and strategic objectives and strategic objectives and delivery of the policies has not been policies has been policies has been organisation’s strategic reviewed, or the review is correctly and correctly and objectives and policies incorrect or inappropriate, appropriately reviewed appropriately reviewed or the effectiveness of the and a judgement made using a wide evidence budgetary planning based on a combination base and a judgement process has merely been of evidence and practice, made based on a stated or described with although the evidence combination of evidence no judgement made base for the review is and practice based on a combination limited / 16 of evidence and practice Pass or Referral (min. of 8) Referral [4/16] Pass [8/16] Good Pass [12/16] AC 1.2  The effectiveness of the  The effectiveness of the  The effectiveness of the Review the effectiveness organisation in allocating organisation in allocating organisation in allocating of the organisation in responsibilities for budget responsibilities for budget responsibilities for budget allocating responsibilities management and control management and control management and control has not been reviewed, or has been correctly and has been correctly and for budget management the review is incorrect or appropriately reviewed appropriately reviewed and control inappropriate, or the and a judgement made using a wide evidence effectiveness of the based on a combination base and a judgement organisation in allocating of evidence and practice, made based on a responsibilities has merely although the evidence combination of evidence been stated or described base for the review is and practice with no judgement made limited based on a combination of evidence and practice / 16 Pass or Referral (min. of 8) Referral [4/16] Pass [8/16] Good Pass [12/16]

AC 1.3  The effectiveness of  The effectiveness of the  The effectiveness of the Review the effectiveness the organisation in relating organisation in relating organisation in relating of the organisation in budgets to clear objectives budgets to clear budgets to clear objectives and outputs to objectives and outputs to relating budgets to clear and outputs to achieve the organisation’s objectives achieve the organisation’s achieve the organisation’s objectives and outputs to has not been reviewed, or objectives has been objectives has been achieve the the review is incorrect or correctly and correctly and organisation’s objectives inappropriate, or the appropriately reviewed appropriately reviewed effectiveness of the and a judgement made using a wide evidence organisation in relating based on a combination base and a judgement budgets to clear objectives of evidence and practice, made based on a and outputs has merely although the evidence combination of evidence been stated or described base for the review is and practice with no judgement made limited based on a combination of evidence and practice / 16 Pass or Referral (min. of 8) Referral [4/16] Pass [8/16] Good Pass [12/16]

AC 1.4  Recommended  Recommended  Recommended Recommend improvements to the improvements to the improvements to the improvements to the organisation’s budgetary organisation’s budgetary organisation’s budgetary planning and planning and organisation’s budgetary planning and implementation processes implementation processes implementation processes planning and have not been made, or are correct and are correct and implementation recommendations are appropriate and are appropriate and fully processes incorrect or inappropriate, based on a review of developed for or recommendations are budgetary planning and implementation and are not based on a review of implementation, although based on a review of budgetary planning and further development is budgetary planning and implementation required for full implementation / 16 Pass or Referral implementation (min. of 8) Section comments (optional): Verification comments (optional):

Learning Outcome / Section 2: Understand how to measure and monitor performance against budgets and their objectives

Assessment Criteria Sufficiency Descriptors Assessor feedback on AC [Typical standard that , if replicated across the whole submission, would produce a referral, [comments not necessary in every box] (AC) borderline pass or good pass result] Referral [5/20] Pass [10/20] Good Pass [15/20]  The organisation’s  The organisation’s  The organisation’s systems, procedures and systems, procedures and systems, procedures and reporting mechanisms reporting mechanisms reporting mechanisms AC 2.1 that are used to monitor that are used to monitor that are used to monitor Review the organisation’s progress against budgets progress against budgets progress against budgets systems, procedures and and their objectives have and their objectives have and their objectives have not been reviewed, or the been correctly and been correctly and reporting mechanisms review is incorrect or appropriately reviewed appropriately reviewed that are used to monitor inappropriate, or the and a judgement made using a wide evidence progress against budgets organisation’s systems, based on a combination base and a judgement and their objectives procedures and reporting of evidence and practice, made based on a mechanisms have merely although the evidence combination of evidence been stated or described base for the review is and practice with no judgement made limited based on a combination / 20 of evidence and practice Pass or Referral (min. of 10) Referral [4/16] Pass [8/16] Good Pass [12/16] AC 2.2  Recommended  Recommended  Recommended Recommend improvements to the improvements to the improvements to the improvements to the measurement, monitoring measurement, monitoring measurement, monitoring measurement, monitoring and reporting of and reporting of and reporting of performance against performance against performance against and reporting of budgets and their budgets and their budgets and their performance against objectives have not been objectives are correct and objectives are correct and budgets and their made, or appropriate and are appropriate and are fully objectives recommendations are based on a review of the developed for incorrect or inappropriate, organisation’s systems, implementation and are or recommendations are procedures and reporting based on a review of the not based on a review of mechanisms, although organisation’s systems, / 16 the organisation’s further development is procedures and reporting Pass or Referral systems, procedures and required for full mechanisms (min. of 8) reporting mechanisms implementation

Section comments (optional): Verification comments (optional): TOTAL MARKS / 100 Assessor’s Decision Quality Assurance Use Signature of Assessor: Signature of QA: Outcome (delete as applicable): Outcome (delete as applicable): PASS / REFERRAL PASS / REFERRAL Date of QA Check: Date of QA check: