L2ACCM

L2 Accounting for Management

Subject Description

Teacher in Charge: Ms K. Schumacher.

This course provides students with a consolidation to Financial Management knowledge. Students will study a selection of concepts and skills related to keeping accounts for small businesses, with more detail than at L1. 

Topics covered include a more detailed look at the concepts of Financial Management, computer processing of financial information, preparing advanced financial reports for sole proprietor firms and more detailed analysis of financial reports. Students also study accounts receivable subsystems, accounting software and detailed processing of inventory.

This course will be assessed to a selection of L2 Accounting Achievement Standards. Assessment is a combination of both internally and externally assessed standards. Students will have the opportunity to gain up to 23 credits at L2.

Required Prior Learning


Entry is subject to approval by HOD and dependent of proven performance in L1. The expectation is that students will have gained L1 Literacy and Numeracy, and be able to cope in an academic achievement standard subject. Business Management students will have direct entry into L2 Accounting for Management.


Pathway

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.

Total Credits Available: 19 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 14 credits.

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

Assessments:
Term: 2, Week: 10

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. 91179 v2
NZQA Info
Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2022-02-17, Week: 2022-02-17

A.S. 91386 v2
NZQA Info
Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2022-02-17, Week: 2022-02-17

A.S. 91481 v2
NZQA Info
Accounting 2.5 - Demonstrate understanding of a contemporary accounting issue for decision-making

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2022-02-17, Week: 2022-02-17

Credit Summary
Total Credits: 19
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0