Level 2 Accounting

AC203
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
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91175 v2 Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
2
I
4
Y
A.S. 91176 v2 Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
2
E
5
Y
A.S. 91177 v2 Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems
2
E
4
Y
Y
A.S. 91179 v2 Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
2
I
3
Y
Y
A.S. 91386 v2 Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
2
I
3
Y
Y
Total Credits

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