St John’s College (Hillcrest)
Level 3 Accounting
Course Description
Teacher in Charge: Mr A. Lander.
Accounting gives students the tools to make real life financial decisions in a constantly changing and uncertain world. It is the process of preparing and communicating financial information to a wide range of users. Accounting enhances financial literacy and helps individuals and organisations to be accountable to stakeholders for their actions. In addition to being a core prerequisite for almost every commerce degree in Australasia, accounting skills are important in all industries and highly valued in university graduates.
This course focuses on the application, understanding, critical analysis and interpretation of financial and non-financial information of partnership and company ownership structures. Students will cover:
- Application, understanding, critical analysis and interpretation of financial and non-financial information of partnership and company ownership structures
- Management decision making based on real life scenarios
- Study of annual reports of real NZ companies to give advice to external users for investing
- Processing
- Accounting reports
Course Overview
Term 1
This term will focus on the recapping some on the previous year's work then will focus on the internal assessment of demonstrating the understanding of accounting for partnerships.
Term 2
This term will focus on Demonstrate understanding of management accounting to inform decision-making and in the latter part of the term students will begin the internal assessment of demonstrating an understanding of a job cost subsystem for an entity
Term 3
Students will focus on the internal assessment of preparing a report for an external user that interprets the annual report of a New Zealand reporting entity for six weeks of the term. The rest of the term will focus on revision for the mock examinations and external examinations.
Term 4
Revision for Externals.
Recommended Prior Learning
12 Credits from Level 2 Accounting or approval from the HOF Students who have no previous accounting experience will need to do extra work outside of class at lunchtime workshops.
Contributions and Equipment/Stationery
$35 for Workbook
2B8 exercise book, Blue or Black pens, Ruler, Highlighters, Refill, Clearfile, Calculator.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
This course 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
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
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 18
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.
Pathway Tags
Construction and infrastructure, Manufacturing and technology, The Primary Industries, The Service Industries, Social and Community services, Accountant, Actuarial Science, Computer Analyst or programmer, Economist, Engineering Analyst, Information Scientist, Marketing Research Analyst, Mathematician, Meteorologist, Numerical Analyst, Operations Research, Statistician, Systems Analyst, Teacher, Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Secondary School Teacher, Tertiary Lecturer, Property Manager, Real Estate, Valuer, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist, Engineering.,
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