Curriculum Studies Guide 2018

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Curriculum Studies Guide 2018
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that of a sole trader. This study builds on the
concepts and skills that were developed in the
Level 1 course. The emphasis is on the accounting
system, and the internal control processes, to
ensure the safeguarding of assets which provide
for the management of a business. The course
deals with the sole trader registered for GST on an
invoice basis.
Assessment
This course contributes towards the National
Certificate in Educational Achievement. 13 of the
17 credits are externally assessed by examination,
and the remaining four credit points are
internally assessed.
The following achievement standards will be
assessed:
AS 91174
Demonstrate understanding of accounting
concepts for a sole proprietor that operates
accounting subsystems. (4 credits – external)
AS 91176
Prepare financial information for an entity that
operates accounting subsystems.
(5 credits – external)
AS 91177
Interpret accounting information for entities that
operate accounting subsystems.
(4 credits – external)
AS 91175
Demonstrate understanding of accounting
processing using accounting software.
(4 credits – internal)
YEAR 13
Status Optional
Prerequisites 12 credits achieved in Level 2
(including AS 91176) NCEA
accounting or if this is the first
year taking this subject 60
credits achieved in the students
top four subjects inNCEA Level 2
and by recommendation of the
HOD Commerce.
Periods per week Five
Description
Accounting at this level seeks to give an
understanding of the complete financial records
for control of business organisations - from sole
traders, to partnerships, and finally to companies.
The principles of double entry accounting are
applied. The analysis and interpretation of the
final accounts are required at this level.
Assessment
The course contributes towards the National
Certificate in Educational Achievement. 9 of the
22 credits are externally assessed by examination
and the remaining 13 credit points are internally
assessed.
The following achievement standards will be
assessed:
AS 91405
Demonstrate understanding of Accounting for
partnerships. (4 credits – internal)
AS 91406
Demonstrate understanding of company financial
statement preparation. (5 credits – external)
AS 91407
Prepare a report for an external user that
interprets the annual report of a New Zealand
reporting entity. (5 credits – internal)
AS 91408
Demonstrate understanding of management
accounting to inform decision-making.
(4 credits – external)
AS 91409
Demonstrate understanding of a job cost
subsystem for an entity. (4 credits – internal)