NCEA Level 1 Accounting

11ACC
Course Description

Teacher in Charge: C. Bedward

The aim of Level 1 NCEA Accounting is to give students an understanding of Accounting as a financial language for individuals, community organisations and businesses. They will learn to process financial transactions and prepare financial statements for an entity. Students will analyse and interpret financial information and provide solutions that will enable the entity to continue operating. An introduction to the conceptual basis of accounting is covered at Level 1 to familiarise students with the financial elements and concepts used in the preparation of financial information.  

Content/Skills:

  • Processing financial information
  • Preparing financial statements
  • Decision making
  • Accounting theory

This subject leads to a UE approved subject.


Pathway

NCEA Level 2 Accounting

Contributions and Equipment/Stationery

Optional cost - Study Guide


Recommended Prior Learning

No entry requirements.

PLEASE NOTE: This course must be taken if you intend continuing with this subject at Level 2.


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90976 v3 Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
1
E
3
Y
A.S. 90977 v3 Accounting 1.2 - Process financial transactions for a small entity
1
I
5
A.S. 90978 v3 Accounting 1.3 - Prepare financial statements for sole proprietors
1
E
5
A.S. 90979 v3 Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting
1
I
4
Y
A.S. 90980 v3 Accounting 1.5 - Interpret accounting information for sole proprietors
1
E
4
Y
Total Credits

Total Credits Available: 21 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 9 credits.

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.