13 Accounting
Subject Description
Teacher in Charge: Ms N. Doherty.
Objectives
- To promote the knowledge and understanding of Accounting as a financial language for individuals, partnerships and companies.
- To develop key competencies in a range of financial contexts (thinking; using language, symbols, and texts; managing self; relating to others; participating and contributing) and values (excellence; innovation; inquiry and curiosity; diversity; equity; community and participation; ecological sustainability; integrity).
- To apply financial knowledge and key competencies to practical situations.
Content
- Developing an understanding of the principles on which Accounting is based and how they are applied in a range of situations.
- Processing financial transactions and final accounts for Partnerships.
- Describing and evaluating a job cost system.
- Reporting Management financial information e.g. Cost Volume Analysis.
- Analysing, interpreting and evaluating financial and non-financial information of a Company on the NZX to make informed decisions.
Recommended Prior Learning
A minimum of 14 credits out of the 19 credits available from NCEA Level 2 Accounting.
Subject and Associated Costs
Course Costs: $65.00 Workbooks.
Associated Costs: Nil.
Pathway
With the specialisation you are doing it will lead to a Bachelor of Commerce/Business Studies at University and be very helpful in completing the Stage One compulsory paper in Accounting. Accounting is used in every business and there is still a big demand for Accountants here and overseas.
Assessment Information
* Standard 91406: For Scholarship students and students prepared to do extra sessions this 5 credit external is available (AS 91406 (3.3)).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.
This subject is approved for University Entrance.
External
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
This will be available for Scholarship Students only.
NZQA Info
Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
NZQA Info
Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 22
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
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.