Scholarship Accounting

13 Accounting -New Zealand Scholarship 

Outcome Description

Students will use knowledge of accounting to demonstrate high level critical thinking by analysing and evaluating information in a range of integrated contexts. 

Scholarship Performance Descriptor

Students will demonstrate aspects of high level:

• analysis and critical thinking
• integration, synthesis, and application of highly developed knowledge, skills, and understanding to complex situations
• logical development, precision and clarity of ideas. 

Outstanding Performance Descriptor

Students will also demonstrate, in a sustained manner, aspects of: 

• perception and insight 
• sophisticated integration and abstraction 
• independent reflection and extrapolation
• convincing communication. 

Explanatory Notes

• Analysis and critical thinking requires the evaluation of the strengths and limitations of the conflicting evidence, in context.
• Integration, synthesis and application of highly developed knowledge, skills and understanding to complex situations involve using a range of information to explain links and interrelationships.
• Logical development, precision and clarity of ideas involve using a variety of techniques, appropriate accounting terminology, concepts (including financial and non-financial information) and conventions to arrive at generalisations and conclusions.
• Perception and insight involves an awareness of accounting and accountability in a broader societal context, and evidence of independent thought, innovative ideas and solutions.
• Sophisticated integration and abstraction involves identifying the key elements of the situation from a range of information and applying accounting concepts and techniques to explain links and interrelationships.
• Independent reflection and extrapolation requires the identification of trends and relationships that may inform business decisions. 

• Convincing communication requires a fully integrated, fluent presentation using a variety of techniques, appropriate accounting terminology, concepts (including financial and 
• non-financial information) and conventions that clearly conveys the point of view.  

Content / context details:

• 4 questions, each worth 8 marks

• Questions will address:
• a combination of a statement of comprehensive income and / or statement of financial position and / or a statement of changes of equity, and accompanying notes for a company, prepared for external reporting purposes.

• the New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting (2018 NZ Conceptual framework), issued May 2018
• a current issue (resources to be provided)
• application of understanding to a question covering several different aspects of the content drawn from Level 8 of the New Zealand curriculum.

Students will be required to demonstrate a combination of technical / interpretive and analytical skills.