AC1000
This course requires 2 options.

Level 1 Accounting

Course Description

What is Accounting

Accounting is fundamental not just for businesses but everyday life. It enhances students’ financial literacy and gives them the tools to make real life financial decisions in a changing and uncertain world. Accounting includes the process of preparing and communicating financial information to a wide range of users. Further study can lead to diverse careers in accounting in many business environments worldwide. With a business or commerce degree, students can keep their options wide open.

What this course involves

This course gives students the tools to make real life financial decisions in a range of situations. Students are able to develop the knowledge and skills to manage the financial affairs of individuals, communities and businesses. Not only is there an emphasis on preparing financial information but also on communicating that information by way of reports. Accounting enhances financial literacy which is an essential lifelong skill.

Delivery Mode

This is an online course available through our Online Teaching and Learning Environment (OTLE), so access to a computer and broadband internet is essential. Read more on our website at www.tekura.school.nz


Contributions and Equipment/Stationery

None specified

Recommended Prior Learning

Open Entry but students should have a reasonable level of literacy.

Credit Information

Total Credits Available: 28 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 16 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
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. 90981 v3
NZQA Info
Accounting 1.6 - Make a financial decision for an individual or group
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90980 v3
NZQA Info
Accounting 1.5 - Interpret accounting information for sole proprietors
4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90979 v3
NZQA Info
Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
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. 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. 90976 v3
NZQA Info
Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
3
3
3
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 28
Total Level 1 Literacy Credits: 18
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0