11ACCO

Year 11 Accounting & Personal Finance

Course Description

Teacher in Charge: Ms L. Chave.

This course aims to provide students with an understanding of personal finance and small business accounting.  Accounting is the financial language used by individuals, community organisations and businesses. 

This course is for everyone, not just future accountants. Students will develop their financial knowledge and accounting skills that can be used in most areas of future employment, future courses in Commerce and in their day-to-day lives. 

Financial knowledge covered: 


Accounting Skills developed during the course:

  • Processing and maintaining financial records
  • Preparing financial statements
  • Interpreting financial information
  • Use financial and non-financial information to inform decision making
  • Introduction to using Xero for businesses

 The stereotype of a pencil pushing accountant hunched over a calculator scribbling sums couldn't be be more inaccurate in today's world.  


  • Accounting students have transferable, strongly valued skills that help make them exceptional and visionary business leaders
  • Accountants are innovative
  • Accountants are good with money
  • Accountants are business advisors
  • 25% of CEOs are Chartered Accountants and 55% of CEOs have a Finance background


Recommended Prior Learning

Open Entry

Contributions and Equipment/Stationery

Workbooks are available (approximately $30.00). Purchase is highly recommended.

Pathway

Credit Information

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

Total Credits Available: 6
Internal Assessed Credits: 6
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 28088 v3
NZQA Info

Describe credit and debt and their impacts on personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28090 v4
NZQA Info

Demonstrate knowledge of selected personal financial saving and investment options that provide financial benefits


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 6
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0