NCEA Level 2 Accounting

L2ACCT
Subject Description

Teacher in Charge: Mr S. Aruwa

Qualification: NCEA Level 2

 

Entry Requirement: Level 1 Accounting, basic literacy and numeracy

 

Course Description: Level 2 Accounting expands and consolidates introductory accounting concepts and recording and financial statements preparation skills taught in Level 1. It prepares students to make wise financial decisions by budgeting, allocating resources wisely and making informed reviews, when actual expenditures differ from budget.  It gives students the skills to interpret financial statements

This course leads to: NCEA Level 3 Accounting

 

Vocational Pathways: Accounting leads to jobs in the following professions:

  • Financial Accountant
  • Accounting Technician, Payroll Manager
  • Auditing and Cost Accounting
  • Management Accounting and Taxation Accountant
  • Public Accountant
  • Financial Consultancy
  • A host of other jobs in the financial services sector
  • AS91177 (2.4) will be done depending on progress and time availability

 

Special Costs: Learning Workbook costs apply.

 



Credit Information
Assessment
Level
 Internal or
External
Credits
 L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91174 v2 Accounting 2.1 - Demonstrate understanding of accounting concepts for an entity that operates accounting subsystems
2
E
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. 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
A.S. 91481 v2 Accounting 2.5 - Demonstrate understanding of a contemporary accounting issue for decision-making
2
I
4
Y
Total Credits
19
14
0
11

Total Credits Available: 19 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 10 credits.