Level 3 Accounting

AC304
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:
• understand the principles of accounting and how they are used in business
• process financial information
• develop an understanding of the systems and controls required to ensure accurate accounting information
• prepare useful financial reports which meet legal and professional standards
• analyse and interpret financial reports
• make decisions based on financial and non-financial information
• develop the essential skills which include numeracy, problem solving, self management and communication.


Equipment/Stationery

Approx. $30


Recommended Prior Learning

A satisfactory performance at Year 12 Accounting


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91405 v2 Accounting 3.2 - Demonstrate understanding of accounting for partnerships
3
I
4
*
Y
A.S. 91406 v2 Accounting 3.3 - Demonstrate understanding of company financial statement preparation
3
E
5
*
Y
A.S. 91407 v2 Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
3
I
5
Y
5r,5w *
Y
A.S. 91408 v2 Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
3
E
4
Y
*
Y
A.S. 91409 v2 Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
3
I
4
Y
*
Y
Total Credits
Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 22

* 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.

Total Credits Available: 22 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 13 credits.