L3ACC

L3 Accounting

Course Description

Teacher in Charge: Mr K. Naidoo.

The aim of the course is to provide a foundation for the study of Accounting at University and other tertiary institutions.  The course covers accounting for Partnerships, Companies and Manufacturing organisations. Students will develop their understanding of the conceptual basis of accounting, process transactions, prepare financial statements and explain information for management 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 $
$0.00

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.

This course is approved for University Entrance.

Total Credits Available: 17
Internal Assessed Credits: 13
External Assessed Credits: 4
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91405 v2
NZQA Info

Accounting 3.2 - Demonstrate understanding of accounting for partnerships


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: 0
A.S. 91407 v2
NZQA Info

Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity


Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 5r,5w *
Numeracy Credits: 0
A.S. 91408 v2
NZQA Info

Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making


Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: 0
A.S. 91409 v2
NZQA Info

Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 5
Total Numeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 17

Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

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.