NCEA Level 2 Accounting

12ACC
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 MYOB 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 (MYOB);
  • Preparing financial statements;
  • Internal controls; and
  • Analysis and interpretation.

This course leads to a University Entrance approved subject.


Pathway

NCEA Level 3 Accounting

Contributions and Equipment/Stationery

Voluntary contribution: Revision Guide


Recommended Prior Learning

Level 1 Accounting with 13 credits or by consultation with Miss Bedward.

This course needs to be taken if you intend continuing with this subject at Level 3 (Year 13).


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91175 v2 Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
2
I
4
Y
A.S. 91176 v2 Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
2
E
5
Y
A.S. 91177 v2 Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems
2
E
4
Y
Y
A.S. 91179 v2 Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
2
I
3
Y
Y
A.S. 91386 v2 Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
2
I
3
Y
Y
Total Credits

Total Credits Available: 19 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 10 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.