Level 1 Accounting
Level 1
Accounting is the processing and interpretation of financial information to allow the users to make good decisions at home, in the business place, within clubs and in our wider community. Accounting relies on integrity (honesty), accountability and an awareness of citizenship and sustainability. We encourage our students to be thinking and collaborative learners with a genuine desire to gain lifetime serving skills and knowledge.
Course Information
What Knowledge Will I Develop?
We introduce the necessary skills to manage the financial affairs of individuals, whānau, and local small entities, including community organisations. The subject can be used as a valuable one year of financial literacy or as a base for higher levels of learning in commerce. All students will gain skills to assist their whanau but the subject also empowers future managers, self-employed and community officers to understand key topics such as GST, budgeting, profit reporting and record keeping.
How Will The Course Contribute To My Qualification?
Code | Title | Credits | Internal | External | Core | Optional | L1 Literacy | L1 Numeracy | UE Reading | UE Writing | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
90982 | Demonstrate understanding of cash management for a small entity | 4 | y | y | 10-11-2021 | ||||||
90979 | Prepare financial information for a community organisation’s annual general meeting | 4 | y | y | y | 10-11-2021 | |||||
90978 | Prepare financial statements for sole proprietors | 5 | y | y | 30-11-2021 | ||||||
90977 | Process financial transactions for a small entity | 5 | y | y | 31-05-2021 | ||||||
90981 | Make a financial decision for an individual or group | 3 | y | y | y | 26-02-2021 |
Entry Requirements
Course Related Costs
Companion Subjects
Subject Combination Notes
Not applicable