ACCOUNTING 02 (ACCO02)

Content

This is an introductory course to the basic concepts of personal accounting for an individual or household. Students will develop their decision making skills and learn how to manage their personal finances. There is a focus on the beginning concepts of accounting.

NZQA Internal Assessment:

AS ACCO 1.6 Make a financial decision for an individual or group - 3 credits
AS ACCO 1.7 Demonstrate understanding of cash management for a small entity - 4 credits

Prerequisites:

Nil

Stationery:

1 x 1B5 Exercise Book
1 x 3 column refill

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ACCOUNTING 11 (ACCO11)

Content

Students will develop their understanding of the conceptual basis of accounting, including the accounting equation. Students will prepare cash journals, ledger accounts, the trial balance and understand how GST is dealt with in this respect. There is an emphasis on good accounting practice.

NZQA Internal Assessment:

AS ACCO 1.2 Process financial transactions for a small entity - 5 credits

NZQA External Assessment:

AS ACCO 1.1 Demonstrate an understanding of accounting concepts - 3 credits

Prerequisites:

Nil

Stationery:

1 x 3 column Cash Refill, 1 x 8 column Cash Refill,1 x 1B5 exercise book

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ACCOUNTING 12 (ACCO12)

Content

In this semester students will learn how to prepare and interpret the financial statements of a sole proprietor. As well as this, students will learn how to apply the concepts learned during Semester One to ensure the financial statements show a 'true and fair view' of the financial state of the business. Students will therefore learn how to account for balance day adjustments. Finally, students will develop their ability to interpret, analyse and report on the financial statements of the business, so effective decisions can be made.

NZQA External Assessment:

ACCO 1.3 Prepare financial statements for sole proprietors - 5 credits
AS ACCO 1.5 Interpret accounting information for sole proprietors - 4 credits

Prerequisites:

Nil

Stationery

1 x 3 column Cash Refill, 1 x 1B5 exercise book

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ECONOMICS 11 (ECON11)

Content

In this course students will learn about the economic problem of scarcity and how this problem impacts on consumer and producer decisions, including the use of resources. Students will learn how to illustrate these decisions using the demand and supply model. As well as this students will develop their decision making skills in relation to consumer decisions.

NZQA Internal Assessment:

AS ECON 1.2 Producer decisions - 5 credits

NZQA External Assessment:

AS ECON 1.1 Consumer choices & demand - 4 credits
AS ECON 1.3 Producer choices & supply - 3 credits

Prerequisites:

Nil

Stationery:

1 x 1B5 Exercise Book

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ECONOMICS 12 (ECON12)

Content

In this course students will explore the workings of the market as well as the rights and responsibilities of participants in the market. Students will analyse how changes to the market impact on demand and supply and market equilibrium. Students will understand the major sectors of the economy and carry out an economic investigation.

NZQA Internal Assessment:

AS ECON 1.5 Demonstrate understanding of a government choice - 4 credits
AS ECON 1.6 Interdependence of sectors of the NZ economy - 3 credits

NZQA External Assessment:

AS ECON 1.4 Use market equilibrium to explain how consumer, producer and/or government choices affect society - 5 credits

Prerequisites:

Nil

Stationery:

1 x 1B5 Exercise Book

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