100ACC

Level 1 Accounting

Course Description

Teacher in Charge: Mrs Y. Daly

Our youth need knowledge and skills to help them make good money decisions at each life stage. Accounting helps them to do this and enables students to develop financial capability skills to manage the financial affairs of individuals, communities and businesses.  Students will study how households make financial decisions and how to best manage their cash, the life of business transactions, e.g. the sale of goods, the payment of expenses, how transactions are processed and reported. These are all useful skills for the self-employed or those wanting to become a business manager.

Note: Not all of the listed Standards will be covered – choices will be made in negotiation with the class teacher.


Contributions and Equipment/Stationery

$25.00 for Accounting Learning Workbook.

Pathway

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 17 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 9 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. 90982 v3
NZQA Info
Accounting 1.7 - Demonstrate understanding of cash management for a small entity
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 7
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

At time of compiling courses for 2021 every effort has been made to ensure the information contained online is accurate.  However, it is possible that some course/assessment structures will be subject to change.

All courses are dependent on student numbers and staffing. Students will be advised if the school is unable to provide the subjects they select.



SchoolPoint by Inbox Design SCHOOLPOINT129, Rendered 1.09MB in 0.2273 seconds with 17 queries.

----