AC2000 - Accounting - NCEA Level 2 (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

This course builds on the knowledge already gained in Level 1. It has a strong focus on accounting for sole traders and is useful for people interested in running their own business. Students gain further knowledge, skills and experience needed to manage a small business, including the basics of managing inventory and accounts receivable processes. Students process and interpret financial transactions and then, more importantly, report on this financial information. A practical segment using the accounting software MYOB is also included.

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
91174 Demonstrate understanding of accounting concepts for an entity that operates accounting subsystems 2 4 External
laLiteracy achievement standard
SeService Industries recommended standard
91175 Demonstrate understanding of accounting processing using accounting software 2 4 Internal
naNumeracy achievement standard
UEnaUE numeracy achievement standard
SeService Industries recommended standard
CrCreative Industries recommended standard
91176 Prepare financial information for an entity that operates accounting subsystems 2 5 External
naNumeracy achievement standard
UEnaUE numeracy achievement standard
91177 Interpret accounting information for entities that operate accounting subsystems 2 4 External
lnaLiteracy and numeracy achievement standard
UEnaUE numeracy achievement standard
91179 Demonstrate understanding of an accounts receivable subsystem for an entity 2 3 Internal
lnaLiteracy and numeracy achievement standard
UEnaUE numeracy achievement standard
91386 Demonstrate understanding of an inventory subsystem for an entity 2 3 Internal
lnaLiteracy and numeracy achievement standard
UEnaUE numeracy achievement standard
SSeService Industries sector-related standard
91481 Demonstrate understanding of a contemporary accounting issue for decision-making 2 4 Internal
laLiteracy achievement standard