12ACT

12ACT - Accounting - NCEA Level 2

Subject Description

Teacher in Charge: Mrs C. Guthrie, Miss S. Lal.

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 an inventory subsystem for an entity



Course prerequisites

NCEA Entry requirements 2025


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
Internal Assessed Credits: 11
External Assessed Credits: 9
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 2025 are subject to numbers and staff.