HOD: Ms L Adams
Accounting gives students the tools to make real life financial decisions in a constantly changing and uncertain world.
It is the analysis and interpretation of financial and non-financial information and communcating that information
effectively to users and decision-makers.
Level 1 Accounting (11ACC)
| Number |
Name of standard | Literacy/Numeracy | Credits |
Assessment |
| AS90976 | Demonstrate understanding of accounting concepts for small entities | L | 3 | External |
| AS90977 | Process financial transactions for a small entity | 5 | Internal | |
| AS90978 | Prepare financial statements for sole proprietors | 5 | External | |
| AS90979 | Prepare financial information for a community organisation’s annual general meeting | L | 4 | Internal |
| AS90980 | Interpret accounting information for sole proprietors | L | 4 | External |
| AS90982 | Demonstrate understanding of cash management for a small entity | 4 | Internal |
You will learn to:
• describe financial concepts
• process financial information quickly and accurately
• prepare financial statements for a business, household and community group
• analyse the financial information of a business to determine how successful it is
Course cost: work book costing approximately $30
Level 2 Accounting (12ACC)
| Number |
Name of standard | Credits |
Assessment |
| AS2.1 | Demonstrate understanding of accounting concepts for a sole proprietor that operates accounting subsystems | 4 | External |
| AS2.2 | Demonstrate understanding of accounting subsystems for a trading firm | 3 | Internal |
| AS2.3 | Demonstrate understanding of accounting processing | 4 | Internal |
| AS2.4 | Prepare financial information for an entity that operates accounting subsystems | 5 | External |
| AS2.5 | Interpret accounting information for sole proprietors that operate accounting subsystems | 4 | External |
You will learn to:
• explain difficult financial concepts with ease
• examine how an organisation ensures that employees and suppliers operate within the law
• prepare complex financial statements for a business
• act like a financial analyst and determine the financial health of a business
Prerequisites: a minimum of 15 credits in level 1 accounting
Course cost: work book costing approximately $30
Due to changes currently being made to feel 2 standards by NZQA, there may be some minor changes to this course in 2012
Level 3 Accounting (13ACC)
| Number |
Name of standard | Credits |
Assessment |
| AS90500 | Describe and apply the conceptual basis of accounting in context | 4 | External |
| AS90501 | Process financial information for partnerships and companies | 3 | External |
| AS90502 | Process financial information for a manufacturing job cost subsystem | 3 | External |
| AS90503 | Prepare financial statements for partnerships and companies | 6 | External |
| AS90504 | Prepare a report that analyses and interprets a company’s financial report for external users | 5 | Internal |
| AS90505 | Explain and prepare information for management decision making | 3 | External |
You will learn to:
• explain financial concepts using complex words like reliability and verifiability
• complete financial statements for partnerships and companies
• complete a financial report
• complete real life cost and management accounting tasks
Prerequisites: a minimum of 15 credits in level 2 accounting
Course cost: work book costing approximately $30