Yr 13 Accounting
The aims of the accounting curriculum at this level are to:
- Promote knowledge and understanding of accounting as a financial language for partnerships and companies which may be service, trading or manufacturing businesses.
- Apply financial knowledge and skills to practical situations.
Achievement Objectives
To achieve these aims, students, will within the contexts of partnerships and companies:
- Examine, understand and apply the assumptions on which accounting is based.
- Process financial data into meaningful information.
- Develop a knowledge and understanding of the systems and controls required to ensure financial data is processed accurately and efficiently.
- Prepare financial reports which meet user needs, professional and legal requirements.
- Analyse and interpret financial reports
- Make informed decisions based on financial and non-financial information.
- Develop skills in communication, numeracy, information and problem-solving.
- Develop self management, competitive, social and co-operative, work and study skills.
| Internally Assessed Achievement Standards | |||
| ACCO 3.5 | 90504 | 5 Credits | Prepare a report which analyses and interprets a company’s financial report for external users |
| Externally Assessed Achievement Standards | |||
| ACCO3.2 | 90501 | 3 Credits | Process financial information for partnerships and companies. |
| ACCO3.3 | 90502 | 3 Credits | Process financial information for a manufacturing job-cost sub system |
| ACCO3.4 | 90503 | 6 Credits | Prepare financial statements for partnerships and companies |
| ACCO3.6 | 90505 | 3 Credits | Explain and prepare information for management decision-making |
The prerequisite entry requirements for Yr 13 Accounting will be all 11 Accounting credits from Business and with discretion of HOF.