11ACC

NCEA Level 1 Accounting

Course Description

Teacher in Charge: Mr T. Tinworth

Accounting and financial literacy are areas of which everyone should have some knowledge and understanding.
This course provides an introduction to accounting and its purpose and place within human activities. It provides a set of skills that the students will be able to apply to their own experiences, be it in their personal life, in business, or as part of a community organisation.
The course is a broad overview of accounting for a small business, including how to process financial transactions, the preparation of financial statements and interpreting financial information to arrive at better business decisions. The course also covers the financial information that community organisations should prepare and there is also a section where students learn to make a financial decision for an individual or group. 


Contributions and Equipment/Stationery

It is recommended that students purchase accounting workbooks, approximately $28.00 total.
Ring Binder, A4 Refill (14B8) or 1J5 exercise book

Recommended Prior Learning

Students need to also be studying 11MA1 or 11MA2. (There are a lot of numbers. Students need to be happy looking at and using numbers.)

Pathway

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 20 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 12 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90976 v3
NZQA Info
Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

3
3
3
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 4, Week: 6

A.S. 90977 v3
NZQA Info
Accounting 1.2 - Process financial transactions for a small entity

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2, Week: 6

A.S. 90978 v3
NZQA Info
Accounting 1.3 - Prepare financial statements for sole proprietors

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 4, Week: 6

A.S. 90979 v3
NZQA Info
Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 3, Week: 5

A.S. 90981 v3
NZQA Info
Accounting 1.6 - Make a financial decision for an individual or group
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 1, Week: 5

Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

POLICY
It is the policy of Taupo-nui-a-Tia College to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications.

Credits listed may change.