L3 Accounting for Management

L3ACCM
Course 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.


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. 91405 v2 Accounting 3.2 - Demonstrate understanding of accounting for partnerships
3
I
4
*
Y
A.S. 91406 v2 Accounting 3.3 - Demonstrate understanding of company financial statement preparation
3
E
5
*
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
3
I
5
Y
5r,5w *
Y
A.S. 91408 v2 Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
3
E
4
Y
*
Y
A.S. 91409 v2 Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
3
I
4
Y
*
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.

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