13ACC

NCEA Level 3 Accounting

Course Description

Teacher in Charge: C. Bedward

The aim of Level 3 NCEA Accounting is to consolidate learning from Level 1 and 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.


Contributions and Equipment/Stationery

Voluntary course contribution - Revision Guide

Recommended Prior Learning

Level 2 Accounting with 11 credits or by consultation with Miss Bedward.

Credit Information

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
TotalNumeracy 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.

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.