AC203

Level 2 Accounting

Selection for courses will open on September 2nd, 2020. In the meantime, visit the Learning Area pages to get indepth information about courses available to you.

Course Description

Teacher in Charge: S. Pats 1

This course is available at St Patrick's College. 
OBJECTIVES:
On completing this course students should be able to:
• Learn how to use accounting software such as MYOB and Xero to process transactions.
• Report: prepare financial statements.
• Interpret and make decisions: interpret the financial statements for a variety of users to enable decisions to be made
• Learn about how businesses can be run more efficiently
• Visit an accounting firm and learn about what accountants do.


Equipment/Stationery

Students are required to purchase from the College the workbook which accompanies this subject at a cost of $25. Students can also purchase a revision workbook in Term 4 for $17 (optional).

Recommended Prior Learning

16 credits at Level 1 Accounting. Students new to accounting are welcome, subject to approval from the TIC Commerce.

Credit Information

Total Credits Available: 19 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91175 v2
NZQA Info
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 91176 v2
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
Level: 2
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 91177 v2
NZQA Info
Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 91179 v2
NZQA Info
Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 91386 v2
NZQA Info
Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
Credit Summary
Total Credits: 19
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 19

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