AC203

Level 2 Accounting

Selection for courses will open on September 6th , 2021. 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.

Recommended Prior Learning

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

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).

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
Total Numeracy Credits: 19

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