ACC301

Level 3 Accounting

Course Description

Teacher in Charge: G. Gounder

Learning Outcome One: Manage the financial affairs of individuals, whanau, and small, medium or large entities, including community organisations, that may be local, regional, national or global to enable internal or external users to make effective and ethical decisions.
Learning Outcome Two: Make use of appropriate communication tools and skills to process, report and interpret information for individuals, whanau, and small, medium, or large entities, including community.

This subject is a University Approved subject.

There is the opportunity for the students to sit Scholarship in this subject.

Course Overview

Term 1
Students will be able to demonstrate an understanding of accounting for partnerships. Students to demonstrate an understanding of a job cost subsystem for an entity.

Term 2
Students will be able to demonstrate an understanding of company financial statement preparation

Term 3
Students will be able to prepare a report for an external user that interprets the annual report of a New Zealand reporting entity. This will be followed by demonstrating an understanding of management accounting to inform decision-making

Term 4
Revision for external assessment and internal assessment catch up

Recommended Prior Learning

12 credits in NCEA Finance201, or entry at the discretion of the HOD.

Contributions and Equipment/Stationery

Students are required to purchase their own stationery (including a calculator).

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 22 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 13 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91405 v2
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
A.S. 91406 v2
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
Level: 3
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
A.S. 91407 v2
NZQA Info
Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r,5w *
Numeracy Credits: Y
A.S. 91408 v2
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
A.S. 91409 v2
NZQA Info
Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 13
Total University Entrance Literacy Credits: 5
Total Numeracy Credits: 22

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 22

Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

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