AC1000 - Accounting - NCEA Level 1 (course endorsement available)

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What is Accounting?

Accounting is fundamental for business and for everyday life. Students gain financial literacy and the tools to make real-life financial decisions in a changing and uncertain world. One of the vital skills students learn is how to prepare and communicate financial information to a wide range of people. Further study can lead to a career in accounting in many diverse businesses worldwide. With a business or commerce degree, you can keep your options wide open.

What this course involves

Financial literacy is an essential lifelong skill. This course gives students the tools to make real-life financial decisions in a range of situations. Students develop the knowledge and skills to manage the financial affairs of individuals, community organisations and sole traders. There is an emphasis on preparing financial information and effectively communicating that information.

Delivery Modes

Recommended prior learning

Students should have a reasonable level of literacy.

National qualifications available in this course

Standard Description Version Credits Assessment L1 Lit/Num UE Lit/Num Vocational Pathways
90976 Demonstrate understanding of accounting concepts for small entities 3 3 External
laLiteracy achievement standard
PrPrimary Industries recommended standard
SeService Industries recommended standard
CrCreative Industries recommended standard
90977 Process financial transactions for a small entity 3 5 Internal
SeService Industries recommended standard
CrCreative Industries recommended standard
90978 Prepare financial statements for sole proprietors 3 5 External
90979 Prepare financial information for a community organisation’s annual general meeting 3 4 Internal
laLiteracy achievement standard
90980 Interpret accounting information for sole proprietors 3 4 External
laLiteracy achievement standard
PrPrimary Industries recommended standard
CrCreative Industries recommended standard
90981 Make a financial decision for an individual or group 3 3 Internal
laLiteracy achievement standard
90982 Demonstrate understanding of cash management for a small entity 3 4 Internal
laLiteracy achievement standard
SeService Industries recommended standard
CrCreative Industries recommended standard