L3 Accounting for Management
Subject Description
Teacher in Charge: Ms K. Schumacher.
This course provides students with further consolidation to Financial Management knowledge. Students will study a selection of concepts and skills related to keeping accounts for large businesses, in particular partnerships, companies and manufacturing businesses.
Topics covered include processing and reporting for partnerships, and companies, job costing, subsystems management, decision-making and a detailed review of the financial reports of a listed public company. The opportunity to sit the Accounting Scholarship exam will be encouraged.
This course will be assessed to a selection of L3 Accounting Achievement Standards. Assessment is a combination of both internally and externally assessed standards. Students will have the opportunity to gain up to 22 credits at L3.
Required Prior Learning
Entry is subject to approval by HOD and dependent of proven performance in L2. The expectation is that students will have gained L1 Literacy and Numeracy, and be able to cope in an academic achievement standard subject.
Subject Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for Course Endorsement.
This course is approved for University Entrance.
External
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
Assessments:
Term: 2022-02-17, Week: 2022-02-17
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
Assessments:
Term: 1, Week: 11
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
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
Assessments:
Term: 2022-02-17, Week: 2022-02-17
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.