Company Directors Course

Company Directors Course Participant Assessment Information 04667-1_14

PARTICIPANT ASSESSMENT INFORMATION Participant assessment information Table of contents Introduction... 3 Assessment FAQs... 4 Assessment results... 5 Grades... 5 Company Directors Course award... 5 Participants who are not successful... 6 Assessment tasks... 8 Access to completed assessment tasks... 8 Practice quiz and long answer examination... 9 Timeframe for completion... 9 Extensions... 10 Accessibility... 10 Resits... 10 Administrative assistance with assessment tasks... 11 Accessing My Learning... 12 Login to My Learning... 12 Technical requirements for the online quiz and examination... 13 Quiz and examination... 14 Assessing the quiz and examination... 14 Tips for taking quizzes and examinations... 15 Assignment... 16 Assignment terms and conditions... 16 Submitting assignments... 16 Word limits... 17 Assignment formatting... 17 Assignment tips... 18 Naming standard... 18 Frequently asked questions... 19 General... 19 Quiz and examination... 20 Assignment... 21 All rights reserved under Australian and foreign laws. 2017/18 V1 Page 1 of 21

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PARTICIPANT ASSESSMENT INFORMATION Introduction At the Australian Institute of Company Directors (AICD) assessment is an opportunity for participants to consolidate their course learning and to benchmark their understanding against the standard set by the AICD. This guide provides information relating to the assessable components of the Company Directors Course (CDC). 1 It is strongly recommended that prior to attempting any assessment task, participants plan their approach. All participants are expected to: Thoroughly read the assessment information making note of submission deadlines and requirements; Read each module of the course notes; Consider the case study examples and review questions in the course materials and review the suggested responses; Read the ebook Study and Assessment Techniques resources provided with the course materials in My Learning; Highlight issues for clarification; Complete practice quiz and examination; and Complete The Director Mindset and Interpreting Financial Statements online courses; View the Preparing for Success assessment video. 1 This includes the International Company Directors Course, the Company Directors Update and the Company Directors Course by correspondence. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 3 of 21

PARTICIPANT ASSESSMENT INFORMATION Assessment FAQs Q. Where can I find information about my assessment tasks? A. This document contains information for all assessment tasks. Q. How long do I have to complete my assessments? A. Completion of all assessment tasks (including any resits) is three months from attendance at module 10. Q. Are Interpreting Financial Statements and The Director Mindset elearning courses part of my assessment? A. No, they are not part of the formal assessment. They should be completed as valuable pre-work for both the course and assessment. Q. Do I receive my actual mark? A. All results are reported as a grade only. Actual marks are not provided. Q. Can I get my submission back? A. Submissions are not returned to protect the integrity of the assessment process. Q. What if I don t pass my second attempt? A. You can either purchase an Assessment Attempt, or the next set of course materials, or enter the associated assessment cycle. This depends on your eligibility. Q. Can I take copies of the assessment? A. This is a breach of the Terms and Conditions of the assessment. Penalties may apply. Please read the Assessment Policy and Code of Conduct for further information. Q. Can I get an extension if I am busy at work? A. Participants should note that work-related reasons are generally not considered an acceptable reason for granting an extension. Serious illness or misadventure, or extreme and unpredictable circumstances, may constitute grounds for an extension. Q. What feedback do I get if I need to resit? A. If you are asked to resit, your notification email will contain the learning objectives, any fees that may apply and dates for completion. Your first attempt is not returned to you. Page 4 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Assessment results Assessment results fall into three categories: 1. 2. Company Directors Course Order of Merit Company Directors Course Pass 80 per cent and above for the quiz, examination and assignment on first attempt only 65 79 per cent for the quiz, examination or assignment 3. Not Successful Less than 65 per cent for any or all of the three assessment tasks The AICD aims to release grades for assessment tasks within the following timeframes: Assessment task Multiple choice quiz Long answer examination Assignment Grade notification Within one week of submission Within three weeks of submission Within three weeks of submission Grades Assessment results are reported as a grade only. Actual marks are not provided. Pass Pass with Order of Merit Resit Not Successful 65 79 per cent 80 per cent and above less than 65 per cent on first attempt less than 65 per cent on second attempt Company Directors Course award If you successfully pass all assessment tasks (achieving a Pass or Pass with Order of Merit) you will receive the Company Directors Course Award. Once an assessment is graded that result stands. A Pass grade cannot be appealed into a Pass with Order of Merit grade. In order to achieve a Pass with Order of Merit, you must achieve this result on each of your first three attempts at the quiz, examination and assignment. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 5 of 21

PARTICIPANT ASSESSMENT INFORMATION A Pass with Order of Merit grade is only permitted on a first attempt, not for a resit attempt. Assessment grades stand for two years from the end date of the course attended. If unsuccessful in any component of the three assessments, you are only required to re-attempt the remaining assessments within this two year period. This grading framework applies to the Company Directors Course, International Company Directors Course, Company Directors Update and Company Directors Course by correspondence. Participants who are not successful If you have attempted and are not successful in any of the assessment tasks, you will receive a Not Successful grade. If you wish to attempt the assessment tasks again you have the following options: 1. Assessment Attempt Within six months of the end date of your course attempt the task(s) again FEES APPLY. The fee includes two attempts. Quiz Examination Assignment First Attempt Second Attempt First Attempt Second Attempt First Attempt Second Attempt $50 included $200 included $200 included Quiz Examination Assignment Cost $50 $250 $250 $200 $400 $200 $450 If you are unsuccessful on this occasion your option is to purchase New Notes and Assessment. Page 6 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION 2. New Notes and Assessment If you are unsuccessful with the above Assessment Attempt, or it has been more than more than six months and less than two years from the end date of your course, the option is to purchase New Notes and Assessment. Fees vary depending on the tasks requiring completion. These fees cover the costs of materials and marking. New notes are available in July of each new financial year. Fees include: a. To complete the quiz only $395 b. To complete the quiz and assignment $555 c. To complete the quiz and examination $555 d. To complete the quiz, examination and assignment $555 New Notes and Assessment are not available for purchase after attending a Company Directors Update Course (see point 3 below). 3. Company Directors Update Course If it has been more than two years since completing the Company Directors Course, any existing results will no longer be valid, and the only assessment option available is to attend the Company Directors Update Course. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 7 of 21

PARTICIPANT ASSESSMENT INFORMATION Assessment tasks Applicable assessment tasks are as follows: Task Prerequisite for sitting assessment tasks* Requirement Attendance at a minimum of 8 out of 10 modules Multiple choice quiz** 20 questions covering modules 1-9 All questions to be completed within 60 minutes Marking time is one week Long answer examination** Four compulsory questions covering modules 1-9 All questions to be completed within 105 minutes (this includes reading and preparation time) Marking time is three weeks Assignment 3,000 word, multipart report Marking time is three weeks Submission timing*** Within three months of completing attendance requirements For correspondence participants the time for completion is six months from the start date of the course * For the Company Directors Course Update participants must attend both days of the course. ** These assessments are to be completed online and are subject to time limits. These assessments are open book. *** Period of time available to successfully complete all assessment components. If a participant needs to resit an assessment component, this needs to be done within the timeframe stated. Each assessment task must be successfully completed at 65 per cent or above. Access to completed assessment tasks Assessment tasks are not returned to participants. Participants receive a grade. A mark will not be provided, if requested. Page 8 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Practice quiz and long answer examination For the multiple choice quiz and long answer examinations assessments, participants are given access to the practice quiz and examination from the first day of the course. These questions are of a similar length and difficulty to the actual assessment tasks and have been designed to provide participants with a guide as to what to expect in the actual assessment task. These sample papers should also be used to help participants assess the adequacy of their preparation to sit the actual assessment tasks. Timeframe for completion We strongly advise that all assessment tasks are completed and submitted within four-six weeks of completion of the final module of the course. Past results indicate that success rates improve with proximity to course attendance. As a guide, after completing the course: 1. Submit all first attempts in weeks 4 6 weeks 2. Allow weeks 7 9 for marking and notification 3. Complete any required resit in weeks 10 to 12 Course Completion of all assessment tasks (including any resits) Company Directors Course Three months from attendance at module 10 Company Directors Course Correspondence Six months from receiving the course materials All rights reserved under Australian and foreign laws. 2017/18 V1 Page 9 of 21

PARTICIPANT ASSESSMENT INFORMATION Extensions Extensions of time to complete assessment tasks including resits may not be granted. Participants should note that work-related reasons are generally not considered an acceptable reason for granting an extension. Serious illness or misadventure, or extreme and unpredictable circumstances, may constitute grounds for an extension. If an extension is granted, it will be for maximum period of one month only. All requests for extensions of time must be received one week prior to the due date for completion of assessment tasks. Requests will be responded to in writing, normally within two working days. Accessibility At AICD we believe that all of our participants should have the opportunity to complete the required assessment tasks. For participants who are visually, hearing or mobility impaired please contact the National Assessment Team or your Members and Directors Education Executive or Coordinator to discuss the options we have available. Resits Participants are entitled to one resit per assessment task. Resits must be completed and submitted within the normal completion timeframe. It is important that participants submit their initial tasks as early as possible in order to allow sufficient time to complete a resit including the two-three week marking period. Note that a fee of $170 applies for the examination and assignment tasks only. Participants can apply to receive detailed feedback on their assessment performance, including key areas for improvement. It is recommended participants considering a resit, should avail themselves of this service. Fees for this service are: $160 applies for this service for a quiz submission $199 applies for this service for an examination and assignment submission Page 10 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION All fees applied for resits are designed to cover the cost of having the assessment component remarked. This service is only applicable to participants who have been unsuccessful with an assessment task Administrative assistance with assessment tasks If you have any administrative queries contact the National Assessment Team. Please have your membership number on hand. The team is available Monday to Friday between 8.30am and 5.30pm AEST. Email: assessment@aicd.com.au Phone: (02) 8248 6600 All rights reserved under Australian and foreign laws. 2017/18 V1 Page 11 of 21

PARTICIPANT ASSESSMENT INFORMATION Accessing My Learning Login to My Learning All assessment tasks are to be completed in My Learning. Access to My Learning is through the AICD website. Before logging onto My Learning: Check for outage notifications on the AICD website. Close all programs not needed for taking the quiz or examination. If you have forgotten your AICD password: (a) (b) (c) access the AICD website; enter your email address, select Can t sign on ; select forgotten password and a link will be email to you. Note that the National Assessment Team cannot reset your password. To access My Learning: 1. Login via the AICD website. If unsure of your password, follow the 'Can't sign in?' link, a link to reset your password will emailed to you. 2. Select the drop down arrow from My Site and click My Learning. 3. From My Courses, select your course. Assessment tasks are released within two working days of completing your course. Page 12 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Technical requirements for the online quiz and examination My Learning is used to complete the online quiz and examination and is compatible with the following browsers: Browser Version Internet Explorer 10 or 11 Edge Safari Firefox Chrome Latest Latest Latest, ESR Latest The quizzes and examinations can be accessed via mobile devices (smart phones and tablets). Device Android Apple Browser Android (Latest) Safari (Latest) Microsoft Surface Internet Explorer 11 Blackberry (mobile only) Blackberry (Latest) It is also suggested that participants use the same computer to complete the practice quiz and examination as planned to use for their assessment. This will allow a test of system compatibility, prior to attempting the assessment task. Whilst the quiz and examination can be accessed via mobile devices (smart phones and tablets) it is strongly recommended that participants use a keyboard for completing the long answer examination. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 13 of 21

PARTICIPANT ASSESSMENT INFORMATION Quiz and examination Assessing the quiz and examination 1. Access the quiz and examination select the QUIZZES tab from the navigation bar. 2. From the Quiz List page click the multiple choice quiz or the long answer examination. 3. Read the instructions and details, and when ready click Start Quiz! The timer CANNOT be paused. 4. Answer each question. You can see which questions you have saved answers to in the Questions section of the quiz's left panel. You can also click the question number in the quiz's left panel to go back to the question. 5. Click the corresponding SAVE button after answering a question. You can also click Save All Responses if you are not finished answering all questions on a single page, or if you are working on a timeconsuming question and need to save all previous responses. 6. Click Next Page or Previous Page to navigate between pages. Do not press the browser BACK button as this will cause your response to be deleted. 7. Click Go to Submit Quiz when you are ready to submit. 8. After you attempt and answer all quiz questions, click Submit Quiz. By clicking this button you are confirming the submission is your own work. Page 14 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Tips for taking quizzes and examinations 1. Check the AICD website for scheduled outages to avoid planning to take your assessments at this time. 2. Close all other programs not needed for taking the quiz. 3. Use a recommended browser and version. 4. Save your responses as you answer each question. (a) (b) You can change and re-save your answers if you change your mind later. Only saved answers can be viewed by the marker in case of technical problems. 5. If your browser freezes or if you lose network access during the quiz, do the following: (a) During business hours Contact assessment@aicd.com.au (b) Outside of business hours Close your browser window without submitting your quiz or examination and without logging out of My Learning. Open a new browser window and log in to the AICD website again. Access your course and re-enter the quiz or examination. Continue taking the quiz and saving responses as you answer questions. The timer will continue to count down during your exit and re-entry. Submit your quiz or examination after answering all questions and saving all responses. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 15 of 21

PARTICIPANT ASSESSMENT INFORMATION Assignment Assignment terms and conditions The assignment terms and conditions must be read and understood by the participant. Select only one of the case studies for submission. The assignment is to be completed as an individual exercise. On submission participants will be required to confirm certain submission details. If these terms and conditions are not agreed to, the assignment cannot be submitted. The assignment word count is 3,000 words ± 10 per cent. Retain a copy of your submission for your records. Submitted assignments are will not be returned. All assignments for the Company Directors Course must be submitted via My Learning. As part of this process all assignments will be checked via Turnitin to ensure work submitted by participants is their own work. Should a participant be suspected of plagiarism they will be subject to a formal investigation, prior to the assignment being submitted for marking. Submitting assignments 1. To upload your assignment, click Assignment on the navigation bar. The submission should be in PDF format. Only upload your assignment submission. 2. Click on the assignment folder. Click Add a File and follow the instructions provided to upload your assignment. 3. Click Submit. Page 16 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Word limits A participant is entitled to exceed the word limit of 3,000 words by up to 10 per cent (that is, 300 words). The actual word count will be based on the count provided by Turnitin, and should exclude any table of contents or references. The word counts in each section are only a guide, however candidates are not to exceed the 3,300 total word count. Where a participant exceeds the word count by more than 10 per cent, the AICD may decide to apply any of the following penalties, depending on the level of non-compliance: Return the assignment to the participant and ask them to re-submit an assignment that meets the assessment requirements/ criteria. Assess the submitted assignment, ignoring components in excess of the word limit. Assignment formatting Font: Arial, 12 point, normal spaced Page: portrait orientation, A4 Footer: Your full name, page number and number of pages (that is, Chris Smith, Page 3 of 10) The use of bullet point is acceptable Use sub-headings and tables as ways of presenting large amounts of information Acceptable file format: Portable Document Format (.pdf) No referencing, bibliography or contents page is required An Appendix can be placed at the end of your assignment and will not be counted towards the total word count. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 17 of 21

PARTICIPANT ASSESSMENT INFORMATION Assignment tips When answering the questions participants should place themselves in the mind frame of a director by responding to the questions as if they were at a board meeting. Markers prefer responses to be as succinct as possible. Naming standard Your assignment file name should follow this naming convention. For example, Cath-Brimm_HealyHealthFund.pdf or Cath- Brimm_BurnsFoods.pdf Page 18 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Frequently asked questions General Q: What modules are assessable? A: Modules 1 to 9 are assessable. Q: Is there an order for undertaking assessments? A: It is up to the participant to decide which order the assessments are undertaken. Q: Do I get a reminder email that I haven't completed one or more of my assessment tasks? A: No. It is your responsibility to ensure you are aware of the timeframes for your assessment submissions, including any required resits. Login to My Learning to check your submissions. Q: Is my quiz, examination or assignment returned to me? Even if I need to resit? A: No, completed assessments are not returned to candidates after assessment. This protects the integrity of the assessment process, especially as our assessment is continuous thereby preventing sharing and collaboration. Q: Do I get my actual marks back? A: No. Raw marks are not provided to you. Your results are provided as a grade only. Q: When can I get my results? A: If you login to My Learning you can check the status of your submissions there. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 19 of 21

PARTICIPANT ASSESSMENT INFORMATION Quiz and examination Q: Is reading time allowed? A: No. Reading time has been included within the quiz or examination timeframe. Q: Do all participants receive the same questions? A: No. Questions are available within banks. Participants will receive randomly allocated questions, based on the banks available at the time the assessment is undertaken. Participants undertaking a resit are unlikely to receive the same questions they received during their original assessment. Q: What resources am I allowed to access during the examination? A: The Company Directors Course quiz and examination are open book. Participants are allowed to use all relevant course material whilst completing assessment tasks. Q: Can I access past examination papers? A: Past examination papers are not available. However, participants are able to access a practice quiz and examination online. They are indicative of what participants can expect from the actual assessment task. Q: Can I use a wireless internet connection? A: Yes, wireless internet connections can be used, however it should be capable of maintaining a continued and consistent connection throughout the entire duration of the quiz or examination. Q: When does the timer start for the quiz and examination? A: The timer starts when you click the Start Quiz! button. Q: What happens if the page freezes during examination? A: See the information above on Tips and contact the National Assessment Team on (02) 8248 6600. (AEST business hours only) Q: What should I do if my answers to the long answer questions are not saving? A: See the information above on Tips and contact the National Assessment Team on (02) 8248 6600. (AEST business hours only) Q: Can I check if my examination has been received and when will I receive notification of results? A: Yes, log into My Learning to check on the status of your submissions and your results. Your results are provided as a grade only. Page 20 of 21 All rights reserved under Australian and foreign laws. 2017/18 V1

PARTICIPANT ASSESSMENT INFORMATION Q: If l am asked to resit, do I need to resit the whole task and how many opportunities are there to resit? A: Yes you need to complete the entire quiz or examination. You will be provided with one opportunity to resit per assessment task. Q. Can I pause the examination or quiz? A. No, the timer continues to countdown after clicking the Start Quiz! button. Q. What information is provided to me if I have to resit? A. You will receive an email containing the learning outcomes relating to the questions answered incorrectly along with fees and a date to be completed by. You do not receive your submission back. Assignment Q: The case study has inaccuracies and I'm not sure if this is intentionally wrong. What should I do? A: Read the assignment question again to ensure clarity. Take the case study material as presented and respond accordingly. Q: I am having difficulty interpreting/ understanding the assignment question. A: Read the assignment question again to ensure clarity. Take the case study material as presented and respond accordingly. Think like a director! Q: If I am asked to resit, do I need to resubmit the whole assignment? A: You will be provided with one (1) opportunity to resit. Yes, you are required to resubmit the whole assignment, taking into consideration the feedback from the marker when revising. Q. What format should I upload my assignment in? A. PDF. Q. How do I know my assignment has been successfully submitted? A. You will receive a confirmation email. Q. Do I need to email or post my assignment as well? A. No, all assignments are received electronically via My Learning. All rights reserved under Australian and foreign laws. 2017/18 V1 Page 21 of 21