Level 2 Accounting
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.
Level 2 gives students the tools to make real life financial decisions, enhance their financial literacy and help individuals and organisations to be accountable to stakeholders for their actions.
The course covers the following topics:
- Conceptual basis of accounting - practical application of assumptions on which accounting is based
- Processing simple and complex data into meaningful information using accounting software (MYOB)
- Accounts receivable and Inventory subsystems and the controls required for accurate information
- Preparation and interpretation of financial reports which meet user needs and professional and legal requirements
- Decision making - analyse and interpret financial information
Contributions and Equipment/Stationery
$20 for Workbooks.
2B8 exercise book, Blue or Black pens, Ruler, Highlighters, Refill, Clearfile.
Recommended Prior Learning
12 credits in Level 1 Accounting or approval from the HOF. Students who have not previously taken accounting will need to participate in out of class tutorials.
This course is eligible for subject endorsement.
Total Credits Available: 23 credits.
Externally Assessed Credits: 13 credits.
Internally Assessed Credits: 10 credits.
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.,