11ACCO

Level 1 Accounting

Course Description

Teacher in Charge: Mr D. Fenton

The standards offered in this course may be altered at the discretion of the Head of Department.

By completing this course successfully students will gain knowledge, skills, and experience to:
• Manage the financial affairs of individuals, whanau, and local small entities, including community organisations, while acting with integrity.
• Make use of appropriate communication tools and skills to process, report and interpret financial information for individuals, whanau, and local small entities, including
community organisations.


Course Overview

Term 1
Introduction

1.2 Processing
Process financial transactions for a small entity - Internal

Term 2
1.1 Concepts
Demonstrate understanding of accounting concepts for small entities - External


1.3 Statements
Prepare financial statements for sole proprietors - External

Term 3
1.5 Interpretation
Interpret accounting information for sole proprietor - external

Term 4
Revision for External Exams

Recommended Prior Learning

Open Entry

Pathway

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 17 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 5 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90976 v3
NZQA Info
Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
3
3
3
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90977 v3
NZQA Info
Accounting 1.2 - Process financial transactions for a small entity
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90978 v3
NZQA Info
Accounting 1.3 - Prepare financial statements for sole proprietors
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90980 v3
NZQA Info
Accounting 1.5 - Interpret accounting information for sole proprietors
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 7
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

Courses will only run based on minimum entries

Selecting a course does not guarantee entry into this course

You may apply for an exemption if you do not meet the prerequisites of a course or if the course requires this for entry

Standards offered can be altered at the discretion of the HOF or HOD of the Department

Some standards in NCEA courses might be optional depending on student strengths 

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