03ACC

Level 3 Accounting

Course Description

Teacher in Charge: Mrs R. Ram

Do you want to update your skills and learn Accounting? The accounting path can be a profitable and solid career choice. This course relates the accounting process to Partnerships and Companies. Topics include Partnership accounting, issuing shares, final reports for companies, cash flows, cash budgets, manufacturing enterprises, analysis and interpretation. Students will get an opportunity to analyze the Annual report of Fisher and Paykel and make decision whether to invest in the company.

The purpose of Accounting is to provide financial and non-financial information to assist decision-making in the management of, and investment in, public and private sector organisations. The major roles of an accountant are to identify, measure, interpret and communicate information relevant to these decisions. In addition, the study of accounting is designed to promote critical thinking and develop practical competencies, and prepare students for university education and a wide variety of careers. 



Contributions and Equipment/Stationery

Stationery as per schedule.

Recommended Prior Learning

60 credits at Level 2

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 17 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 13 credits.

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: Y
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: Y
University Entrance Literacy Credits: 5r,5w *
Numeracy Credits: Y
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: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
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: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 13
Total University Entrance Literacy Credits: 5
TotalNumeracy Credits: 17

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.

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