Year 12 Accounting (12ACC)
Course Description
Teacher in Charge: Mrs D. Reyneke.
Year 12 Accounting gives students the tools to make real life financial decisions in a constantly changing and uncertain world. Accounting is the process of preparing and communicating financial information to a wide range of users. Accounting enhances financial literacy. Accounting helps individuals and organisations to be accountable to stakeholders for their actions.
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 MYOB which is widely used by businesses in New Zealand.
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 - Inventory subsystem AS 91386
- XERO AS 91175
Term 2
Term 2 - Accounts receivable subsystem AS 91179
- Start Financial statements AS 91176
Term 3
Term 3 - Complete Financial statement and revision.
Term 4
Term 4 - Revision
Pre-requisites
Studied L1 Commerce and passed all the internals (10 credits).
Students that did not have Commerce as a subject should at least have 14 credits in Maths and 14 credits in English.
Contributions and Equipment/Stationery
$66 including a workbook and end of the year AME study guide.
Pathway
Assessment Information
3 Internal assessments and 1 external assessmentCredit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
External
NZQA Info
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
NZQA Info
Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
NZQA Info
Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
Disclaimer
Owing to teachers responding to individual students' needs, courses and NCEA standards taught in a subject maybe different to those displayed.