NCEA Level 3 Accounting
Course Description
Teacher in Charge: Carla Lambert.
In Level 3 Accounting we will learn about the following:
● Partnerships – processing and reporting financial information for the formation of a partnership and profit distribution to its partners, examining a partnership ownership structure and the clauses in a partnership agreement, and making recommendations for improvement
● Companies – preparing the accounting entries for various company-specific transactions and events such as dividends, share movements, tax, profit, and revaluation of assets
● Job Costing – processing the accounting information required at various stages in a business’ production run, determining a selling price, and examining a business’ job cost subsystem and making recommendations for improvement
● Investing in shares – analyse and interpret the annual report and wider economic environment of a company listed on the New Zealand Stock Exchange, then make an investment recommendation to a potential shareholder
● Management Accounting – understanding various business issues and using management accounting to make business decisions
Recommended Prior Learning
You should have at least 14 credits in Level 2 Accounting.
Final entry is subject to the approval of the Head of Department of Mathematics.
Course Costs
Students will require 1x 14R8 refill.
A scientific calculator is compulsory for this course.
Description | Type | Value |
---|---|---|
Workbooks | Contribution | $19.00 |
$19.00 |
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
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: 22
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.
Pathway Tags
Sales Representative, Accountant, Auditor, Accounts Officer, Actuary, Finance Manager, Advertising Specialist, Sales and Marketing Manager, Retail Manager, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Debt Collector, Property Manager, Building Contractor, Buyer, Cafe/Restaurant Manager, Motor Vehicle Salesperson, Insurance Claims Officer, Community Development Worker, Event Manager, Quantity Surveyor, Dairy Farmer, Visual Merchandiser, Personal Assistant, Financial Adviser, Health Services Manager, Insurance Adviser, Mortgage Broker, Office Manager, Payroll Officer, Purchasing/Supply Officer, Real Estate Agent, Management Consultant,
Disclaimer
Course availability is dependent on numbers and staffing, and course entry cannot be confirmed until the beginning of the 2025 school year.