13 Accounting 1

13AC1
Course Description

Teacher in Charge: Mrs M. Farquhar

Students will:

• Be provided with a foundation for the study of accounting at tertiary level
• Gain a fuller understanding of the conceptual basis of accounting, the processing of accounting data and
the preparation of financial reports for a partnership, a company and a manufacturing entity
• Prepare budgets and carry out cost-volume-profit analysis


Contributions and Equipment/Stationery

13AC1 - Supplementary costs: Approx $40


Prerequisites

*12AC1* - At least 15 credits in Level 2 Accounting 1 (12AC1) including achieved or better in AS91176
*12AC2* - At least 15 credits in Level 2 Accounting 2 (12AC2) including achieved or better in AS91176

OR HoD approval


Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91409 v2 Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
Assessments:
Term: 2, Week: 5
3
I
4
Y
*
Y
A.S. 91408 v2 Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
Assessments:
Term: 3, Week: 7
3
E
4
Y
*
Y
A.S. 91407 v2 Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
Assessments:
Term: 1, Week: 11
3
I
5
Y
5r,5w *
Y
A.S. 91406 v2 Accounting 3.3 - Demonstrate understanding of company financial statement preparation
Assessments:
Term: 2, Week: 10
3
E
5
*
Y
A.S. 91405 v2 Accounting 3.2 - Demonstrate understanding of accounting for partnerships
Assessments:
Term: 1, Week: 6
3
I
4
*
Y
Total Credits
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.

Total Credits Available: 22 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 13 credits.