12AC1

12 Accounting 1

Course Description

Teacher in Charge: Blair Gilbert.

Year 12 Accounting offers students the opportunity to develop logical thinking skills as well as providing a conceptual understanding of the workings of small organisations. Students continue to build upon the five strands developed in Level 1 Accounting. The development of skills in the use of spreadsheets, word processing and accounting software will be used to appreciate the place of ICT in Accounting. Students are also taught Financial Accounting and Management Accounting and an advanced level in preparation for scholarship. 


Prerequisites

At least 15 credits in Level 1 Accounting (11AC1) including achieved or better in AS90977 and AS90978

OR HoF approval


Contributions and Equipment/Stationery

*12AC1* - Supplementary costs: Approx $40

Pathway

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: 21 credits.
Externally Assessed Credits: 13 credits.
Internally Assessed Credits: 8 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91174 v2
NZQA Info
Accounting 2.1 - Demonstrate understanding of accounting concepts for an entity that operates accounting subsystems
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 4, Week: 1

A.S. 91175 v2
NZQA Info
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2, Week: 7

A.S. 91176 v2
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
Level: 2
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 1, Week: 7

A.S. 91408 v2
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: 0
A.S. 91868 v1
NZQA Info
Agribusiness 2.10 - Demonstrate understanding of cash flow forecasting for a business
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 21
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0