Level 1 Accounting

11ACCO
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

Pathway

Level 2 Accounting

Recommended Prior Learning

Open Entry


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. 90976 v3 Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
1
E
3
Y
A.S. 90977 v3 Accounting 1.2 - Process financial transactions for a small entity
1
I
5
A.S. 90978 v3 Accounting 1.3 - Prepare financial statements for sole proprietors
1
E
5
A.S. 90980 v3 Accounting 1.5 - Interpret accounting information for sole proprietors
1
E
4
Y
Total Credits

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

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