NCEA Level 3 Accounting
Course Description
Teacher in Charge: C. Bedward.
The aim of Level 3 NCEA Accounting is to consolidate learning from Level 2 which will enable students to process financial information for Partnerships and Companies. The conceptual basis of accounting will be assessed alongside the practical processing of transactions. Students will apply the elements of job costing to calculate a selling price for a unique product and present a report justifying their calculations and choice of cost driver.
This course teaches students to critically evaluate the financial and non-financial information of a publicly listed company and present their findings in a report that meets an end users needs.
Content/Skills:
- Processing financial information;
- Preparing financial statements;
- Business analysis; and
- Financial decision making.
This course is a University Entrance approved subject.
Recommended Prior Learning
Level 2 Accounting with 11 credits or by consultation with Miss Bedward.
Contributions and Equipment/Stationery
Voluntary course contribution - Revision Guide
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
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 3.6 - 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: 18
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.
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.