L2 Accounting for Management

L2ACCM
Course 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.


Pathway

L3 Accounting for Management, L3 Business Management

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.


Course Credit Information

This course is eligible for Course Endorsement.

This course is approved for University Entrance.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91175 v2 Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
2
I
4
Y
A.S. 91176 v2 Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
2
E
5
Y
A.S. 91179 v2 Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
2
I
3
Y
Y
A.S. 91386 v2 Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
2
I
3
Y
Y
A.S. 91481 v2 Accounting 2.5 - Demonstrate understanding of a contemporary accounting issue for decision-making
2
I
4
Y
Total Credits

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

Pathway Tags

Accounts Officer, Administration Officer, Bank Worker, Payroll Officer, Financial Advisor, Hotel/Motel Manager, Insurance Agent, Office Manager, Project Manager, Accountant, Auditor, Business Analyst, Actuary, Finance Manager