ACC2

NCEA L2 Accounting

Course Description

  • Accounting gives students the tools to make real life financial decisions in a constantly changing and uncertain world.
  • Accounting is the process of preparing and communicating financial information to a wide range of users.
  • Accounting enhances financial literacy.
  • Accounting helps individuals and organizations to be accountable to stakeholders for their actions.


Pathway

If you are wishing to undertake Level 2 Accounting for the FULL year please also choose Practical Accounting using Xero in Semester One.

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: 19
Internal Assessed Credits: 6
External Assessed Credits: 13
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
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
A.S. 91177 v2
NZQA Info

Accounting 2.4 - Interpret accounting information for entities that operate accounting subsystems


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91179 v2
NZQA Info

Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91386 v2
NZQA Info

Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 19
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0