11ACC

Accounting/Economics Business Course L1

Course Description

Teacher in Charge: S. Darby

Course Highlights:  This combined Accounting and Economics course has been designed to cover basic skills necessary to begin to understand the financial world and how and why resources are allocated. Both of these subjects are recommended to students wishing to eventually own their own business or study Management at University in the future. Studying Economics helps students understand the market process and how wealth is created. Bookkeeping is a skill, once learned, students are able to apply this knowledge. Students gain confidence and enjoy this subject as there is always an absolute answer.

Fieldtrip: To look at how a local industry adds value to resources and rely on consumers.


This course can lead to: Level 2 Accounting, Level 2 Economics, Level 2 Business Studies


For more information, please see Head of Maths Mr Darby




Contributions and Equipment/Stationery

Workbooks $30, Study Guides (optional) $10

Recommended Prior Learning

Prerequisites: Good understanding in English and Mathematics.

Pathway

Career Pathways

Credit Information

Total Credits Available: 17 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 12 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90977 v3
NZQA Info
Accounting 1.2 - Process financial transactions for a small entity
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90978 v3
NZQA Info
Accounting 1.3 - Prepare financial statements for sole proprietors
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90982 v3
NZQA Info
Accounting 1.7 - Demonstrate understanding of cash management for a small entity
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90988 v3
NZQA Info
Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 7
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

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