13ACC

Year 13 Accounting (13ACC)

Course Description

Teacher in Charge: Mrs D. Reyneke

Accounting at this level looks at adapting the basic accounting systems to partnerships and companies.  Decision making and managing cash budgets, costing of products plays a huge role in the success of a business.  Students at university doing Accounting have an advantage after studying accountancy at Level 3.

The course focuses on accounting systems and financial statements which builds on the Year 11 course by going into much more depth.  The processing component is done using the accounting package XERO which is widely used by businesses in New Zealand. 

This course leads to tertiary education courses.  A school background in Accounting is useful if you wish to enter the world of commerce, business management, banking, tourism, marketing, insurance, information technology, resource management, finance, consultancy, advisory and self employment.


Course Overview

Term 1
Term 1- Partnerships AS 91405.
- Job Costing AS 91409






Term 2
Term 2 - Company annual report AS 90407
- Starting Company Financial Statements AS 91406

Term 3
Term 3 - Continue Company Financial Statements AS 91406

Term 4
Term 4 - Revision

Pre-requisites

Studied the subject at previous level and attained at least 14 credits including Achievement Standard 90978 (ACCO1.3).  No student can start the course without Level 1.

Contributions and Equipment/Stationery

$66 including a workbook and end of the year AME study guide

Assessment Information

3 internal assessment and 1 external assessment

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 18 credits.
Externally Assessed Credits: 5 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. 91406 v2
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
Level: 3
Internal or External: External
Credits: 5
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. 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: 18
Total Level 1 Literacy Credits: 9
Total University Entrance Literacy Credits: 5
Total Numeracy Credits: 18

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 18

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.