NCEA Level 2 Accounting 201
Course Description
Teacher in Charge: M. McIntosh.
Accounting 201
The course builds on the knowledge and skills learned at Level 1 with more emphasis on practical business applications of systems. Learners will visit businesses to see how the accounting theory studied in class is applied in the “real world”. There will also be a Xero simulation to experience computer-based accounting.
Course Overview
Term 1
Learners will be introduced to XERO, a well-known, and commonly used electronic accounting system. They will learn how to set up the accounts for a small entity, and complete the entry for a range of transactions and financial information
We will also explore how businesses manage their credit accounts (accounts receivable), and will visit a local business so that learners will see it in practice.
Term 2
In term 2, learners then look at how businesses manage their cashflow before learning how to prepare financial statements.
Term 3
Learners will complete their study of the Preparing financial statements standard before completing a report on decision making for a contemporary issue.
Term 4
Revision and exam preparation.
Recommended Prior Learning
Preferable: Accounting Level 1.
Students who have not studied Accounting at Level 1 should speak with the TIC of Commerce.
Students will need reasonably numeracy and literacy skills to be successful in this course.
Contributions and Equipment/Stationery
A calculator is required along with standard stationery.
Students will also need a laptop to access the Xero software.
Pathway
Accounting, Business Generally, Administration - NGOs, Business, Organisations.
Finance & Economics.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
Total Credits Available: 20 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 15 credits.
External
NZQA Info
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
Assessments:
Term: 1, Week: 5
Term: 2024-06-25, Week: 2024-06-25
NZQA Info
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
Assessments:
Term: 4, Week: 4
NZQA Info
Assessments:
Term: 1, Week: 7
NZQA Info
NZQA Info