2ACC

Level 2 Accounting

Course Description

Teacher in Charge: Mr R. Reddy

Course Outline

Year 12 Accounting offers students the opportunity to develop logical thinking skills as well as providing a conceptual understanding of the workings of small organisations. Students continue to build upon the five strands developed in Level 1 Accounting. 

The development of skills in the use of spreadsheets, word processing and accounting software will be used to appreciate the place of ICT in Accounting.

Additional development also continues on the preparation and detailed interpretation of financial statements for sole proprietors. 

This course provides a foundation for further study at tertiary institutions and prepares students to work as an accountant, auditor, financial advisor, finance manager, policy analyst, financial dealer and statistician.



Recommended Prior Learning

Ideally 10 Level 1 NCEA Accounting credits or with HOD’s approval. 

Pathway

Credit Information

This course is eligible for subject endorsement.

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

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91174 v2
NZQA Info
Accounting 2.1 - Demonstrate understanding of accounting concepts for an entity that operates accounting subsystems
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
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: Y
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: Y
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: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
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: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
Credit Summary
Total Credits: 19
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 15

Disclaimer

Lynfield College has procedures and guidelines for the administering of assessments.  Click HERE to go to the school website with more information, and links to the appropriate Year Level Assessment Guides.

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