L2ACC

Level 2 Accounting

Although next year timetables are yet to be finalised, course selection is now finished. Any changes to student courses will now take place in January.

Course Description

Teacher in Charge: Mrs J. Dustin.


What will I learn?

Accounting concepts and ideas that relate to business financial records. This course has a focus on business systems, financial reporting and financial analysis for a business.  Accounting processing is taught using XERO Accounting software.

Where does it lead?  

This course provides the core understanding needed for the continuing study of Accounting and Business Studies at L3, and/or study of commerce at tertiary level.

How will I be assessed?

Internal Assessments

  • Managing Inventory - Achievement Standard 91386 - 3 Credits
  • Accounting Processing using XERO accounting software - Achievement Standard 91175 - 4 Credits

External Assessments

  • Financial Statements - Achievement Standard 91176 - 5 Credits
  • Interpreting Accounting Information - Achievement Standard 91177 - 4 Credits

What should I have already done?

This course is designed for students who have achieved well in Year 11 Commerce and who are confident in their understanding of accounting concepts and preparation of financial statement skills.  Alternatively, students without these skills are encouraged to gain these skills by completing an at-home workbook prior to beginning the L2 Accounting course. This can be organised by discussion with Commerce HOD Mrs J Dustin.

 

Course Contribution

No cost.

Pathway

Credit Information

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

Total Credits Available: 16
Internal Assessed Credits: 7
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. 91386 v2
NZQA Info

Accounting 2.7 - Demonstrate understanding of an inventory 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
Credit Summary
Total Credits: 16
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

Courses will only run based on minimum entries

Selecting a course does not guarantee entry into this course

You may apply for an exemption if you do not meet the prerequisite of a course or if the course requires this for entry

Standards offered can be altered at the discretion of the HOD of the Department

Some standards in NCEA courses might be optional depending on student strengths

Course contribution may vary slightly by the start of 2025