Level 3 Accounting

ACC301
Course Description

Teacher in Charge: G. Gounder

Recommended Prior Learning

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


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

Faculties:

Commerce, Social Sciences



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.

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

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