St John’s College (Hillcrest) St John’s College (Hillcrest)

Level 3 Accounting

13ACC
Course Description

Teacher in Charge: Mr A. Lander.

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.

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.

Faculties:

Social Sciences




			
					
					Contributions and Equipment/Stationery
										
$35 for Workbook

2B8 exercise book, Blue or Black pens, Ruler, Highlighters, Refill, Clearfile, Calculator.