Level 3 Accounting
Course Description
Teacher in Charge: Ms L. Chave.
The course enables students to extend their Accounting knowledge and skills to manage the financial affairs of businesses with an emphasis on partnerships, companies and manufacturing entities. Students will cover the following Accounting practices:
• Processing: gather and sort financial information that can be used to prepare financial records and statements
• Reporting: prepare financial statements for a variety of users to provide information about their financial performance and position
• Decision-making: demonstrate understanding of job-cost sub-systems
Recommended Prior Learning
Reasonable success in Level 1 or 2 Axcounting is highly recommended or at the discretion of the HOD.
Contributions and Equipment/Stationery
Workbooks and revision cards are available (approximately $45.00). Purchase is strongly recommended.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
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.