Level 3 Accounting
13ACC Course DescriptionTeacher in Charge: Mr K. Frewen
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
- Study of financial reports of companies to give advice to external users
- Processing
- Accounting reports
Contributions and Equipment/Stationery
$35 for Course Materials
2B8 exercise book, Blue or Black pens, Ruler, Highlighters, Refill, Clearfile.
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.
Credit Information
This course is eligible for subject endorsement.
This course is approved for University Entrance.
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 91404 v2 Accounting 3.1 - Demonstrate understanding of accounting concepts for a New Zealand reporting entity | 3 |
E |
4 |
Y |
4r * |
|
| A.S. 91405 v2 Accounting 3.2 - Demonstrate understanding of accounting for partnerships | 3 |
I |
4 |
* |
Y |
|
| A.S. 91406 v2 Accounting 3.3 - Demonstrate understanding of company financial statement preparation | 3 |
E |
5 |
* |
Y |
|
| A.S. 91407 v2 Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity | 3 |
I |
5 |
Y |
5r,5w * |
Y |
| A.S. 91408 v2 Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making | 3 |
E |
4 |
Y |
* |
Y |
Total Credits |
||||||
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.
Total Credits Available: 22 credits.
Externally Assessed Credits: 13 credits.
Internally Assessed Credits: 9 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, Engineerin
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