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Accounting



ACCOUNTING is...2012 Accounting 1

  • as old as civilization
  • key to important phases of history
  • among the most important professions in business
  • FASCINATING!

Did you know that ACCOUNTANTS...

  • participated in the development of cities, trade, and the concepts of wealth and numbers
  • invented writing
  • participated in the development of money and banking
  • invented double entry bookkeeping that fueled the Italian Renaissance that saved many Industrial Revolution inventors and entrepreneurs from bankruptcy
  • are central to the information revolution that is transforming the global economy TODAY!

What is ACCOUNTING all about?


Accounting is the discipline which measures, records, reports and interprets financial and other information about an entity, to interested parties so as to enable them to make appropriate economic decisions.
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Studying ACCOUNTING...

  • enables students to develop numeracy skills and tackle problems that relate to real life situations both in business and in personal affairs
  • promotes relevant technologies including the widely used MYOB accounting package
  • develops the ability to evaluate alternatives and consider consequences of decisions
  • is a component of a wide range of tertiary qualifications and employment
An Accounting degree is often referred to as "the one degree with 360 degrees of freedom." WHY? Because the broad range of knowledge accountants obtain about the way organisations operate and how those operations impact on the achievement of organisational goals provides them with an extensive range of career opportunities.

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NCEA Level 1 Accounting

This course enables students to make financial decisions in a  variety of situations. The accounting concepts learned lays a solid   foundation for future study and practice of accounting. Students learn to prepare financial statements for small entities,  community organisations and to make financial decisions for  individuals or groups.
 
Learning Outcomes:

  • Demonstrate understanding of accounting concepts for small  entities.
  • Process financial transactions for a small entity.
  • Prepare financial statements for sole proprietors.
  • Prepare financial information for a community organisation’s annual general meeting.
  • Interpret accounting information for sole proprietors.
  • Make a financial decision for an individual or group.  
During the year, in addition to the internal Achievement Standards, there will be homework, class tests, and two sets of school examinations.

NCEA Level 2 Accounting

The aim of this course is to allow students to acquire and develop business-related accounting skills within the context of logical thinking, decision-making, processing data and the effective communication of results.

Learning outcomes:
  • examine, understand and apply the assumptions on which accounting is based
  • process financial data into meaningful information
  • develop a knowledge and understanding of the systems and controls required to ensure financial data is processed accurately and efficiently
  • prepare financial reports which meet user needs
  • analyse and interpret financial reports
  • make informed decisions based on financial and non-financial information
During the year, in addition to the internal Achievement Standards, there will be homework, class tests, and two sets of school examinations. 

NCEA Level 3 Accounting

The aim of this course is to allow students to acquire and develop business-related accounting skills within the context of logical thinking, decision-making, processing data and the effective communication of results.
 
Learning Outcomes:

  • Demonstrate understanding of accounting for partnerships.
  • Demonstrate understanding of company financial statement preparation.
  • Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity.
  • Demonstrate understanding of management accounting to inform decision-making.
  • Demonstrate understanding of a job cost subsystem for an entity.
During the year, in addition to the internal Achievement Standard, there will be homework, class tests, and two sets of school examinations. 


Teachers Website

Where to with ACCOUNTING?

Click on the image below to view an interactive chart and get ideas about jobs that can follow on from studying accounting, business studies, and information management:
where-to-accounting

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