NCEA Level 2 Accounting
Course Description
Teacher in Charge: C. Bedward.
The aim of Level 2 NCEA Accounting is to build on the content covered at Level 1. Students will learn the process of preparing and communicating financial information to a wide range of users. Students will use Xero to set up an entity’s accounts, inventory, debtors/creditors and to record a range of financial transactions for a month. An entity’s inventory and accounts receivable subsystem will be analysed. A report will be prepared identifying the procedures in place and how they help the company meet its goals.
Content/Skills:
- Processing financial information (Xero);
- Preparing financial statements;
- Internal controls; and
- Analysis and interpretation.
This course leads to a University Entrance approved subject.
Recommended Prior Learning
This course needs to be taken if you intend continuing with this subject at Level 3 (Year 13).
Contributions and Equipment/Stationery
Voluntary contribution: Revision Guide
Pathway
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
NZQA Info
Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems
NZQA Info
Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
NZQA Info
Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
Pathway Tags
Construction and infrastructure, Manufacturing and technology, The Primary Industries, The Service Industries, Social and Community services, Accountant, Actuarial Science, Computer Analyst or programmer, Economist, Engineering Analyst, Information Scientist, Marketing Research Analyst, Mathematician, Meteorologist, Numerical Analyst, Operations Research, Statistician, Systems Analyst, Teacher, Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Secondary School Teacher, Tertiary Lecturer, Property Manager, Real Estate, Valuer, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist, Engineering,
Disclaimer
For NCEA Levels 1, 2 & 3 courses will be made up of a selection of the stated standards. This will happen at the beginning of the year with the assigned teacher.