2ACC

Level 2 Accounting

Subject Description

Teacher in Charge: Mr B. Wedlake

This course builds on Accounting skills gained in Level 1, plus it introduces subsystems used to safeguard key business assets such as inventory and accounts receivable. Students learn how to analyse and interpret financial information and how to write a report on a business subsystem, all skills which qualify accountants today as reputable business advisers. Students also become competent users of Accounting software and are eligible for a trip to Wellington, which introduces them to Commerce roles in the public and private sectors in our Capital City. 

Level 2 Accounting offers five standards, comprising 19 credits. In order to complete course requirements, it is expected that students will attempt up to four achievement standards (16 credits).


Approximate Costs and Equipment/Stationery

Optional write-on workbooks - approximately $35
Optional field trip to Wellington - approx $350 - $400.

Recommended Prior Learning

Literacy and numeracy NCEA Level 1 or by consultation with Mr Wedlake.

Pathway

Level 3 Accounting leads on to Level 3 Accounting and from there to myriad Commerce tertiary study opportunities and subsequent career paths.

Credit Information

Total Credits Available: 19 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 10 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: Y
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: Y
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: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
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: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
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: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
Credit Summary
Total Credits: 19
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 19

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