ACC3
This course requires 2 options.

Accounting - Level 3

Course Description

Teacher in Charge: A. Scholes

Accounting is the study of how we communicate financial information to businesses/organisations to help their decision-making.

• This course will promote knowledge and understanding of Accounting as a financial language for partnerships and companies, which may be service, trading or manufacturing businesses.
• Provides a foundation for any commercial study at a tertiary level – (BCom, BMS, BFin)


Course Overview

Term 1
Demonstrate understanding of accounting for Partnerships.
- a step up from Level 2 in that there are two or more owners to account for.

Demonstrate understanding of a Job Cost Subsystem for an entity.
- manufacturing accounting. (What is the cost of making something)

Term 2
Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity.
- essentially giving advice to a potential investor in a company.

Demonstrate understanding of management accounting to inform decision making.

Term 3
Demonstrate understanding of company Financial Statement preparation.
- this is the first insight into accounting for large companies that have shareholders.

Term 4
Preparing for the exam.

Prerequisites

If you did not take a pathway course at Level 2, or achieved fewer than 14 credits in that course, you will need HOD approval.

Credit Information

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

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91409 v2
NZQA Info
Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity

Assessments:
Term: 1, Week: 9
Term: 1, Week: 10

Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
A.S. 91408 v2
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
A.S. 91407 v2
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: 2, Week: 6
Term: 2, Week: 7
Term: 2, Week: 8
Term: 2, Week: 9
Term: 2, Week: 10

Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r,5w *
Numeracy Credits: Y
A.S. 91406 v2
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
Level: 3
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
A.S. 91405 v2
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships

Assessments:
Term: 1, Week: 4
Term: 1, Week: 5

Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: Y
Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 13
Total University Entrance Literacy Credits: 5
TotalNumeracy Credits: 22

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.

Disclaimer

POLICY
It is the policy of Tauranga Boys’ College to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications.