Accounting Level 3
Teacher in Charge: Mr B. Choromanski
At level 3 students will further develop a knowledge of financial accounting principles, processes and systems. Skills learnt at Levels 1 and 2 will be further developed to enable students to apply their knowledge, understandings to partnerships, companies and manufacturing entities. Students will be exposed to aspects of management accounting.
This course aims to:
• Develop student’s understanding of the role in society as a financial language for partnerships, companies and manufacturing concerns.
• Provide students with knowledge of the principles, processes and systems of Accounting.
• Enable students to apply financial knowledge and skills to practical situations
This level of study is organised into four major themes. Entities at this level are limited to service and retail undertakings and incorporated societies.
Theme 1 The Conceptual basis of Accounting
You will develop an understanding of the foundations of Accounting, the principles on which it is based and how they are applied in a range of situations.
Theme 2 Processing
You will learn how to record and process the impact of financial transactions for particular entities
Theme 3 Accounting Reports
You will learn how to present and report financial information to interested parties for particular entities.
Theme 4 Decision Making
You will learn how to analyse, interpret and evaluate financial and non-financial information to make informed decisions.
Recommended Prior Learning
Achievement of: 15 credits in Level 2 Accounting including a pass in 2.1, 2.5 and 2.6
Total Credits Available: 22 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 13 credits.
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 22
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Accountant, Auditor, Accounts Officer, Actuary, Administration Officer, Finance Manager, Retail Manager, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Debt Collector, Property Manager, Building Contractor, Buyer, Cafe/Restaurant Manager, Motor Vehicle Salesperson, Insurance Claims Officer, Community Development Worker, Event Manager, Quantity Surveyor, Crop Farmer/Manager, Personal Assistant, Media Producer, Financial Adviser, Health Services Manager, Insurance Agent, Mortgage Broker, Office Manager, Payroll Officer, Purchasing/Supply Officer, Real Estate Agent, Secondary School Teacher, Management Consultant, Orchard Farmer/Manager,