NCEA L3 Accounting
Course Description
At Level 3 this course will familiarise students with accounting practices relating to partnerships and companies. It also gives them the skills to understand the annual reports of a company and to make justified decisions for a business.
It is a practical course which will provide background knowledge for future study at a tertiary level and combines very well with L3 Business
In Accounting this year you will:
- Research a company’s financial records and prepare a report for users.
- Use data to reach a decision about costing and profit.
- Process and prepare accounts for a partnership. Prepare a company’s financial statements.
The career prospects for accountants according to Careers NZ are good as Accountants are in high demand.
Pathway
This course leads onto a vast number of University courses in Commerce and Accounting.
Many students include accounting as part of a double major and thereby widen their skills and future career prospects
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.
This course is approved for University Entrance.
External
NZQA Info
Accounting 3.1 - Demonstrate understanding of accounting concepts for a New Zealand reporting entity
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
NZQA Info
Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
NZQA Info
Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 26
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.