11ACC

Level 1 Accounting

Course Description

Teacher in Charge: Mr B. Megson

ACCOUNTING - YEAR 11
NCEA LEVEL 1
CODE: 11ACC
Accounting can be studied up to Level 3 (Year 13). It may be picked up for the first time at Level 2, but only with HOD Commerce approval.
The aims of the Accounting curriculum are to:
• Promote knowledge and understanding of accounting as a financial language for individuals, businesses and community organisations.
• Develop essential skills in a range of financial contexts.
• Apply financial knowledge and skills to practical situations.
• Develop essential skills to help manage their personal and business finances.


Supplementary Materials/ Equipment

$25 Optional workbook

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
3
3
3
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90977 v3
NZQA Info
Accounting 1.2 - Process financial transactions for a small entity
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90978 v3
NZQA Info
Accounting 1.3 - Prepare financial statements for sole proprietors
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
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
A.S. 90982 v3
NZQA Info
Accounting 1.7 - Demonstrate understanding of cash management for a small entity
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

Course availability is dependent on numbers and staffing, and course entry will be confirmed at the beginning of 2021. Students will be required to select additional back-up courses as part of this process.

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