02ACC

NCEA Level 2 Accounting

Course Description

Teacher in Charge: Carla Lambert.


We will learn about the following topics:

● Accounting Software – setting up accounting software for a business
● Financial Statements – processing accounting entries for various business transactions
● Debtor Management – processing financial transactions and preparing financial reports related to
a business’ debtors, reporting on the current status of a business’ accounts receivable subsystem
● Inventory Management – preparing an inventory cost card to keep track of inventory cost
movements, examining the current status of a business’ inventory subsystem
● Accounting Concepts


Recommended Prior Learning

At least 14 credits in 01 Commerce, or 14 credits in 01 Mathematics including a Merit in Number. If the prerequisites are not met, entry to 02 Accounting is at the discretion of the Head of Department.

Course Costs

Students will require 1x 14R8 refill.
A scientific calculator is also compulsory for this course.

Description Type Value
Workbooks Contribution $18.00
$18.00

Pathway

Career Pathways

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 19
Internal Assessed Credits: 0
External Assessed Credits: 19
Optional Credits Available: 0
Optional Internal Assessed Credits: 0
Optional External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
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
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

Disclaimer

Course availability is dependent on numbers and staffing, and course entry cannot be confirmed until the beginning of the 2025 school year.