13ACT - Accounting - NCEA Level 3

This course focuses on the application, understanding, critical analysis and interpretation of financial and non-financial information of partnerships and company ownership structures. Students will prepare a comprehensive investment analysis report on a large New Zealand based business and be able to prepare Financial Statements in line with International Financial Reporting Standards. In addition to this, we will also look at the impact Management Accounting has on the way decisions are made in business and ultimately how businesses are run at a strategic level.

• Demonstrate an understanding of a job costing subsystem for an entity.

• Partnership Accounting.

• Financial Statement preparation for a company to external reporting standards in line with NZ IFRS and NZ IAS.

• Prepare a report that contains both Financial and Non - Financial information on a New Zealand reporting entity.

• Demonstrate and understanding of Management Accounting and how it is used to inform decision making.