Evidence Plan

Competency BOOKKEEPING NC III

standard:

Unit of Journalize Transaction

competency:

Ways in which evidence will be collection

Demonstration & Questioning

Questioning Observation &

Third party Report

Portfolio

Written
The evidence must show that the trainee…

1. Nature of business is determined based on client X x X

information
2. List of asset, liability, equity, income, and
expense account titles are prepared in X X X
accordance with industry practices

3. Accounting manual is prepared in accordance X X

with industry practice
4.Documents are gathered, checked and verified in X X X
accordance with verification and validation processes
5.Account titles are selected in accordance with X X X
standard selection processes
6. Journals are prepared in accordance with
industry practice and generally accepted
accounting principles/Philippine Financial X X X
Reporting Standards for transactions and
events.

7.Debit account titles are determined in

X X X
accordance with chart of accounts

8.Credit account titles are determined in X X X

accordance with chart of accounts
9.Explanation to journal entryis prepared in
X X X
accordance with the nature of transaction

10.Journal entries are prepared with 100% accuracy X X X