NCEA Level 3 Accounting
L3ACCT Subject DescriptionTeacher in Charge: Mr S. Aruwa
Entry Requirement: Level 2 Accounting, basic literacy and numeracy
Course Description: Level 3 Accounting prepares students for tertiary level studies. Accounting is an approved subject and Level 3 accounting introduces students to preparation of partnership financial statements and company statements. This course will give students the skills required to perform accounting involving payroll, tax returns and other supporting accounting roles. It builds on, consolidates and adds company financial statements preparation to preparation of trading and service organisations financial statements preparation taught at Level 2
This course leads to: Year 1 University 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
Special Costs: Learning Workbook costs apply.
Credit Information
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 91405 v2 Accounting 3.2 - Demonstrate understanding of accounting for partnerships | 3 |
I |
4 |
* |
Y |
|
| A.S. 91406 v2 Accounting 3.3 - Demonstrate understanding of company financial statement preparation | 3 |
E |
5 |
* |
Y |
|
| A.S. 91407 v2 Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity | 3 |
I |
5 |
Y |
5r,5w * |
Y |
| A.S. 91409 v2 Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity | 3 |
I |
4 |
Y |
* |
Y |
Total Credits |
||||||
Number of credits that can be used for overall endorsement: 18
* Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Total Credits Available: 18 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 13 credits.