11ACC

NCEA Level 1 Accounting

Subject Description

Teacher in Charge: Ms G. Curtis

This course is ideally suited to students intending to follow Business or Commerce courses at University. The course aims to: develop students’ understanding of the role of accounting in society as a financial language for individuals, community organisations and businesses, to provide students with knowledge of the principles, processes and systems of accounting and to enable students to apply financial knowledge and skills to practical situations


Pathway

Recommended Prior Learning

Year 10 Business Studies an advantage but not compulsory.  

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 20 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 12 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90976 v3
NZQA Info
Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
3
3
3
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90977 v3
NZQA Info
Accounting 1.2 - Process financial transactions for a small entity
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90978 v3
NZQA Info
Accounting 1.3 - Prepare financial statements for sole proprietors
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90979 v3
NZQA Info
Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90981 v3
NZQA Info
Accounting 1.6 - Make a financial decision for an individual or group
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0