Level 3 Accounting
Course Description
Head of Faculty/Teacher in Charge: Mr P. Leitch.
Accounting involves 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.
This course builds on existing skills in accounting by applying these within the context of the different types of business ownership including companies and partnerships.
Students will prepare financial reports, analyse and interpret financial information as well as looking at accounting for a manufacturing business.
Course Overview
What is taught in courses varies from year to year. This course could include:
This course will be selected from the following topics:
Partnership Accounting
Manufacturing Accounting / Job Costing
Analysis and Interpretation
Company Accounting
Management Accounting
Recommended Prior Learning
To be accepted for this course students must have achieved NCEA Level 2 or have TIC - Commerce approval (Miss Cox).
Contributions and Equipment/Stationery
Computer/Device
Calculator
Contribution for Workbooks
Pathway
This course prepares students for tertiary study in Commerce.
Assessment Information
Assessments will include in-class assignment based assessments, an outside class assignment 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.
This course is approved for University Entrance.
External
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
NZQA Info
Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
NZQA Info
Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 22
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Retail Manager, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Debt Collector, Property Manager, Building Contractor, Buyer, Cafe/Restaurant Manager, Motor Vehicle Salesperson, Insurance Claims Officer, Community Development Worker, Event Manager, Quantity Surveyor, Cook, Sales Representative, Accountant, Auditor, Accounts Officer, Actuary, Office Administrator, Finance Manager, Receptionist, Sales and Marketing Manager,
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.