Accounting Level 3

This course provides students with an advanced understanding of financial and management accounting processes, enabling them to analyse, interpret, and evaluate financial information for complex business entities. Students will develop the skills necessary to prepare and report on financial statements in accordance with New Zealand Generally Accepted Accounting Practice (NZ GAAP), assess a business’s financial position, and make informed recommendations for decision-making.

The course covers the following Achievement Standards:

• AS91405 – Demonstrate understanding of accounting for partnerships.

• AS91406 – Demonstrate understanding of company financial statement preparation.

• AS91407 – Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity. In this standard, students conduct an in-depth study of a New Zealand publicly listed company, such as Kathmandu, with a focus on evaluating its sustainable business practices.

• AS91408 – Demonstrate understanding of management accounting to inform decision-making.

• AS91409 – Demonstrate understanding of a job cost subsystem for an entity.

Learning is enriched with authentic, real-world experiences. In recent years, students have engaged with professionals from Deloitte and KPMG, gaining first-hand insights into what it is like to work as an accountant and to ask questions about career pathways/scholarships and job opportunities available in the accounting and finance industries.

Through a combination of practical application and theoretical study, students will enhance their ability to use accounting information in real-world contexts, strengthening skills in analysis, interpretation, and communication. The course also develops critical thinking, attention to detail, and problem-solving abilities, preparing students for further study in accounting, commerce, and business, or for entry into related careers.

Prior learning is advantageous but not necessary. Students also have the opportunity to study scholarship at this level.