L2ACC

L2 Accounting

Course Description

Teacher in Charge: Mr K. Naidoo.

The aim of this course is to introduce students to manual and computer methods of recording accounting data and to provide them with a clear basic understanding of financial reports and their components.  The course will assist students to understand the accounting principles and processes involved in designing an accounting sub-system, accounting for cash, accounts receivable, accounts payable, inventory and property, plant, and equipment.  Students will prepare and analyse financial statements for decision making.  This course will benefit students in any career they choose.

Equipment/Stationery and Contributions (indicative only)

EQUIPMENT/STATIONERY:
In addition to a laptop computer and some general stationery, specific items for each course will be confirmed at the beginning of each school year.
As an indication, for this course you are likely to need:
- Basic calculator
- 4 different colour highlighters

CONTRIBUTIONS:
Course Contributions qualify for a tax rebate from IRD:
(https://www.ird.govt.nz/income-tax/income-tax-for-individuals/individual-tax-credits/tax-credits-for-donations/submit-a-donation-receipt).

Description Type Value
Indicative Course Contribution for resources and materials Contribution $55.00
$55.00

Pathway

Credit Information (standards listed are indicative only and are subject to change)

You will be assessed in this course through all or a selection of the standards listed below.

This course is eligible for course endorsement.

Total Credits Available: 14
Internal Assessed Credits: 10
External Assessed Credits: 4
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91174 v2
NZQA Info

Accounting 2.1 - Demonstrate understanding of accounting concepts for an entity that operates accounting subsystems


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91175 v2
NZQA Info

Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91179 v2
NZQA Info

Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91386 v2
NZQA Info

Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 14
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

Although we aim to enable every learner to be enrolled in their preferred courses, your selection does not guarantee a course will be available, or that you have approval to take a selected course. Final course confirmation is in January and depends on your final results, and in some cases, class sizes and staff availability.