L3ACC

NCEA Level 3 Accounting

Course Description

Teacher in Charge: Mr S. Naicker.

Accounting provides information for financial decision making.  Every business and organisation need accountants to measure performance and provide information for decisions.  You will learn how to present financial statements that can be used to assist business planning and decision making. The course covers concepts, accounting for partnerships, job costing and company financial statement preparation.

Recommended Prior Learning

Prior knowledge of financial statements is crucial as L3 will cover advance adjustments on all financial statements.•

Contributions and Equipment/Stationery

• 1 x 1B8 exercise book
• 1 x Refill pad
• ESA Level 3 Accounting workbook

Assessment Information

Students will report, analyse and interpret information for partnerships, manufacturing businesses and companies. Students have choices on how they want to present their report especially in 91407. The rest of the assessments are mainly calculations and writing about the conclusions.

Credit 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.

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: 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

Southland Boys' High School endeavours to timetable courses depending on students' needs, interests and future plans.  Many factors can influence whether a course is able to be offered in the following year.  These can include:

  • Student demand
  • Staff availability
  • Resourcing

These factors can also impact on timetabling, and as a result students will be asked for input about any clashes that may occur.

Where a course is not able to be run, students' back-up subjects will be used.  If there are issues with student selections and the timetabling process, students will have the opportunity to make a decision in conjunction with staff input on the best solution.