12ACT

12ACT - Accounting - NCEA Level 2

Course Description

Teacher in Charge: Mrs C. Guthrie.

12 Accounting - NCEA Level 2

The Level 2 NCEA Accounting course develops knowledge of theory and concepts of accounting and how it is practiced in a variety of modern business contexts. Students will concentrate on the skills of recording, presenting and interpreting financial information to a broad range of users. 

They will make use of appropriate accounting software (Xero)  for the preparation of financial accounts . They will investigate sustainability in a large New Zealand Company and how theses sustainability objectives effects the Company's decision making. This course provides the foundation knowledge for accounting at NCEA level 3 and Scholarship.

Topics Covered

  • Prepare financial information for an entity that operates accounting subsystems

  • Interpret accounting information for entities that operate accounting subsystems

  • Demonstrate understanding of accounting processing using accounting software

  • Demonstrate understanding of an accounts receivable subsystem for an entity

  • Demonstrate understanding of an inventory subsystem for an entity

  • Demonstrate understanding of a contemporary accounting issue for decision-making.

Student Voice

12ACT Student Voice


Recommended Prior Learning

C,C,C,C,C or better in your 5 best MCERT subjects.

Completion of 11COM or 11ACT may be an advantage but is not essential.

Pathway

Course Skills

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

This course is eligible for subject endorsement.

Total Credits Available: 20 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 11 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91175 v2
NZQA Info
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91176 v2
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
Level: 2
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91177 v2
NZQA Info
Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91179 v2
NZQA Info
Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91481 v2
NZQA Info
Accounting 2.5 - Demonstrate understanding of a contemporary accounting issue for decision-making
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

All subjects for 2024 are subject to numbers and staff.