Level 2 Accounting
12ACCO Course DescriptionTeacher in Charge: Ms L. Chave
This course aims to further develop students financial literacy; enabling students to develop the knowledge and skills to manage the financial affairs of businesses with an emphasis on sub-systems. Students will cover the following Accounting practices:
• Processing Accounting information
• Reporting financial information
• Interpreting financial information and making decisions
• Developing digital literacy by learning how to use the Xero Accounting software program
These are necessary skills for most areas of future employment or future courses in Commerce.
Pathway Contributions and Equipment/Stationery
Workbooks and revision cards are available (approximately $45.00). Purchase is strongly recommended.
Recommended Prior Learning
Have passed Achievement Standard 1.3 - Prepare financial statements for sole proprietors, or at the discretion of the HOD.
Credit Information
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 91175 v2 Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software | 2 |
I |
4 |
Y |
||
| A.S. 91176 v2 Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems | 2 |
E |
5 |
Y |
||
| A.S. 91177 v2 Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems | 2 |
E |
4 |
Y |
Y |
|
| A.S. 91179 v2 Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity | 2 |
I |
3 |
Y |
Y |
|
| A.S. 91386 v2 Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity | 2 |
I |
3 |
Y |
Y |
|
Total Credits |
||||||
Total Credits Available: 19 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 10 credits.