Year 12 accounting

Year 12 Accounting is a prerequisite for Year 13 Accounting. There are many tertiary institutions providing accounting, finance, marketing and economics courses. This course will provide a useful platform for further studies.

The course follows on from the Year 11 course. It involves a more in-depth understanding of the accounting processes, reports, and analysis of sole proprietor businesses which operate accounting subsystems. 

Course Content

The course content, based on the five achievement standards covers the following areas:

• the conceptual basis of accounting

• processing of financial transactions using accounting software

• preparation and understanding of financial statements

• analysis, interpretation and the making of recommendations

• inventory subsystem

On the satisfactory completion of this course, you will have the skills necessary to:

• record financial transactions

• prepare financial statements (both manually and using computer software)

• analyse and interpret results and make recommendations

• have an understanding of an accounting subsystem.

To gain entry to this course, students who are new to accounting may need to complete an introductory task over the summer holidays, to gain the basic skills and knowledge to ensure a smooth transition into accounting. Students doing level one accounting may need to achieve 14 credits at Level 1 in Accounting. Other students may gain entry at the discretion of the HOD – consultation is required.

NZQA Accounting Subject Resources

http://www.nzqa.govt.nz/qualifications-standards/qualifications/ncea/subjects/accounting/levels/

School Policy for NCEA Assessment

You should be aware of the school procedures for NCEA assessment.  They can be found on the school website at this link. There you will find answers to frequently asked questions about how NCEA works as well as guidance about how to apply for extensions, reconsiderations or the process for withdrawing from a standard.