L2ACC

L2 Accounting

Subject Description

Teacher in Charge: Mei Ng.

Students will gain knowledge, skills and experience in internal control looking at inventory and accounts receivable subsystem for small or medium entities. Students learn how to use an innovative computer software program, XERO, to process accounting information.  There will be opportunity to listen to speakers or visit to local businesses to see how they manage their accounting processes.

Pre-requisites: 10 credits in L1 Maths and 10 credits in L1 English, or with LOLA approval 

Approximate Credits: 16 -18

Materials Fee: Nil

Optional Wellington Trip: approximately $400 


Subject Overview

Term 1
Demonstrate understanding of accounting processing using accounting software

Term 2
Demonstrate understanding of an accounts receivable subsystem for an entity

Term 3
Demonstrate understanding of an inventory subsystem for an entity.
Prepare financial information for an entity that operates accounting subsystems

Term 4
Prepare financial information for an entity that operates accounting subsystems - external NZQA exam

Recommended Prior Learning

7 Credits in L1COM or 7 Credits in Maths and 7 Credits in English or HOD approval.

Pathway

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

This course is eligible for subject endorsement.

Total Credits Available: 15
Internal Assessed Credits: 10
External Assessed Credits: 5
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: 0
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: 0
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: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
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: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0