11ACC

Level 1 Accounting

Course Description

Teacher in Charge: Mr R. Reddy

LEARNING ACTIVITIES: The major part of the course is business finance, which includes calculating profits, writing up financial statements, and recording and processing financial transactions.

This course provides a foundation for further study in Accounting and prepares students to work as an accountant, auditor, financial advisor, finance manager, policy analyst, and statistician. It also provides skills needed to record financial information if you were to run your own business.



Recommended Prior Learning

Two years secondary English.

Pathway

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 17 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 9 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90976 v3
NZQA Info
Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
3
3
3
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90977 v3
NZQA Info
Accounting 1.2 - Process financial transactions for a small entity
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90978 v3
NZQA Info
Accounting 1.3 - Prepare financial statements for sole proprietors
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90979 v3
NZQA Info
Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 7
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

POLICY
It is the policy of Lynfield College to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications.

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