Level 1 Accounting

AC102
Course Description

Teacher in Charge: S. Pats 1

On completing this course students should be able to:
• research different holiday options, plan and budget for each option and make a decision based on their findings;
• process financial information from source documents to final reports;
• Calculate how much profit a business has made.
Prepare financial statements and analyse the results.


Pathway

Level 2 Accounting

Equipment/Stationery

Students are required to purchase from the College the workbooks relating to this course.
The cost is approximately $25. Students can also purchase a revision workbook in Term 4 for $17 (optional


Recommended Prior Learning

Entry to Year 11en Entry


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90977 v3 Accounting 1.2 - Process financial transactions for a small entity
1
I
5
A.S. 90978 v3 Accounting 1.3 - Prepare financial statements for sole proprietors
1
E
5
A.S. 90979 v3 Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting
1
I
4
Y
A.S. 90980 v3 Accounting 1.5 - Interpret accounting information for sole proprietors
1
E
4
Y
A.S. 90981 v3 Accounting 1.6 - Make a financial decision for an individual or group
1
I
3
Y
Total Credits

Total Credits Available: 21 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 12 credits.