L2ACCO

Level 2 Accounting

Course Description

Head of Faculty/Teacher in Charge:

Accounting is the process of preparing and communicating financial information to a wide range of users. 

The course gives students the tools to make real life financial decisions in a constantly changing and uncertain world and helps individuals and organisations to be accountable to stakeholders for their actions. In this course you will develop your understanding of the role of accounting in society as a financial language for businesses, in particular sole traders.

Student will learn to use Xero which is used by small businesses, accountants, schools and universities in over 180 countries around the world. Using a global platform means students are using real business software to develop real workplace skills while they learn to process business transactions. 


Course Overview

What is taught in courses varies from year to year. This course could include:
Students will complete a number of topics:

Accounting subsystem of Inventory
Accounting subsystem of Accounts Receivable
Preparation of Financial Statements for businesses
Processing Accounting transactions using Xero

Recommended Prior Learning

To be accepted for this course students must have achieved their NCEA Level One certificate.

Contributions and Equipment/Stationery

Computer/Device
Calculator
Contribution for Workbooks

Pathway

Career Pathways

Assessment Information

Assessments will be in-class assignment based assessments and an end of year examination

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

Disclaimer

Please note that courses will go ahead only if student numbers, staffing, and timetabling allow it.  Where a subject is oversubscribed, and there are insufficient numbers or resources to create an extra class, a ballot system may be applied.  

Costs

The Board of Trustees has again asked to opt into the Ministry of Education donation scheme. Doing so resulted in the ability to waive student fee donations. Kaiapoi High School aims to deliver quality educational courses over and above those that which is funded by the Ministry. It is likely the School will opt into the donation scheme for 2025, however parental contribution for the costs of trips and activities where participation is optional, and/or components not covered by the Government grant, may be requested. We appreciate the financial support our families make to the School.