12ACC

12 Accounting

Subject Description

Teacher in Charge: Ms N. Doherty.

Objectives

  • Promote knowledge and understanding of Accounting as a financial language for trading and service businesses.
  • Apply financial knowledge and skills to practical situations.

Content

  • The conceptual basis of Accounting.
  • Processing.
  • Accounting systems.
  • Accounting reports.
  • Decision making.

Recommended Prior Learning

Satisfactory completion of Year 11 Accounting Communication Course.


Subject and Associated Costs

Course Costs: $50.00 Workbook, revision book.
Associated Costs: Nil.

Pathway

This course focus on keeping records and managing debtors and inventory, and financial statements. It also analyses and interprets financial statements.

You will also learn how to operate the Accounting software program Xero.

Assessment Information

Year 13 Accounting Guideline(s):
A minimum of 14 credits out of the 19 credits available at Level 2 Accounting.

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

This subject is eligible for subject endorsement.

Total Credits Available: 19
Internal Assessed Credits: 10
External Assessed Credits: 9
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91175 v2
NZQA Info

Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91176 v2
NZQA Info

Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems


Level: 2
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91177 v2
NZQA Info

Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91179 v2
NZQA Info

Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91386 v2
NZQA Info

Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 19
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

It is important that you complete your option selection by the due date to enable you to have your preferred course of study. Course availability is dependent on numbers and staffing, and course entry will be confirmed at the beginning of the school year.