Accounting Year 10

Course Description

Teacher in Charge: Mr B. Choromanski

Recommended Prior Learning

Open Entry

This subject:
Provides basic knowledge and skills to participate effectively in business world.
leads to NCEA Accounting Levels 1 - 3

This course aims to:
• Develop student’s understanding of the role in society as a financial language for a sole traders of service and retail 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 course introduces students to the subject of Accounting. It is an introductory course which concentrates on the business world and decision making. Students will become familiar with the language of business and will learn to report and analyse financial information. The course aims to develop communication, analytical and reasoning skills in students.

Course Standards
10ACC001 Demonstrate an understanding of accounting concepts for small entities.
10ACC002 Describe a method of processing financial information and analysing transactions for a small entity.
10ACC003 Process financial transactions for a small entity (AS90977)
10ACC004 Make a financial decision for an individual or a group (AS90981)
10ACC005 Prepare financial statements for sole proprietors

Students who successfully complete the course will have 9 credits towards their NCEA Level 1 Accounting.


Accounting Level 1, Economics Level 1

Credit Information
Internal or
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90977 v3 Accounting 1.2 - Process financial transactions for a small entity
A.S. 90981 v3 Accounting 1.6 - Make a financial decision for an individual or group
Total Credits

Total Credits Available: 8 credits.
Internally Assessed Credits: 8 credits.

Pathway Tags

Market Research Analyst, Mortgage Broker, Payroll Officer, Tertiary Lecturer, Purchasing/Supply Officer, Property Manager, Buyer, Valuer, Management Consultant, Managing Director/Chief Executive, Insurance Claims Officer, Community Development Worker, Quantity Surveyor, Accountant, Auditor, Accounts Officer, Actuary, Finance Manager, Retail Manager, Financial Adviser, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Health Services Manager, Insurance Agent