Level 2 Accounting
2ACC Subject DescriptionTeacher 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).
Pathway
Level 3 Accounting leads on to Level 3 Accounting and from there to myriad Commerce tertiary study opportunities and subsequent career paths.
Approximate Costs and Equipment/StationeryOptional 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.
Credit Information
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 91175 v2 Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software | 2 |
I |
4 |
Y |
||
| A.S. 91176 v2 Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems | 2 |
E |
5 |
Y |
||
| A.S. 91177 v2 Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems | 2 |
E |
4 |
Y |
Y |
|
| A.S. 91179 v2 Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity | 2 |
I |
3 |
Y |
Y |
|
| A.S. 91386 v2 Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity | 2 |
I |
3 |
Y |
Y |
|
Total Credits |
||||||
Total Credits Available: 19 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 10 credits.