Level 2 Accounting
Year 12 Accounting looks in detail at businesses which use Accounts Receivable and Accounts Payable subsystems. Students will learn about the importance of inventory management and how a firm may do this. Preparation and interpretation of financial statements is again key to the year 12 programme with a significant focus on the period end adjustments. This year includes a combination of emphasis on manual and computer processing of transactions. Students are also expected to look at how a contemporary accounting issue affects decision making for an accounting entity.
Accounts Receivable sub-systems
Contemporary accounting issues affecting decision making
Financial Statement preparation
Using accounting software to process financial transactions or cash flows
Revision and exams
Recommended Prior Learning
It is highly recommended that you have studied Accounting at NCEA Level 1.
Contributions and Equipment/Stationery
Workbook purchase recommended price $35, for students to have a write-on, personal, take home copy, but text copies will be available for students use if preferred.
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
Total Credits Available: 27 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 18 credits.
Accountant, Auditor, Accounts Officer, Actuary, Administration Officer, Finance Manager, Retail Manager, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Debt Collector, Property Manager, Building Contractor, Buyer, Cafe/Restaurant Manager, Motor Vehicle Salesperson, Insurance Claims Officer, Community Development Worker, Event Manager, Quantity Surveyor, Crop Farmer/Manager, Personal Assistant, Media Producer, Financial Adviser, Health Services Manager, Insurance Agent, Mortgage Broker, Office Manager, Payroll Officer, Purchasing/Supply Officer, Real Estate Agent, Secondary School Teacher, Management Consultant, Orchard Farmer/Manager,