1ACC

NCEA Level 1 Accounting

Course Description

Teacher in Charge: Mrs M. O'Carroll.

NCEA Level 1 Accounting is available through Te Kura.


Accounting is fundamental for business and for everyday life. Students gain financial literacy and the tools to make real-life financial decisions in a changing and uncertain world. One of the vital skills students learn is how to prepare and communicate financial information to a wide range of people. Further study can lead to a career in accounting in many diverse businesses worldwide. With a business or commerce degree, you can keep your options wide open.


The Level 1 Accounting course introduces students to the basic ideas of the subject.

Students will learn how to draw up, and make sense of final accounts such as balance sheets for small firms and clubs. They will study the different types of accounting systems used by such firms as service stations, builders, shops, etc.

Financial literacy is an essential lifelong skill. This course gives students the tools to make real-life financial decisions in a range of situations. Students develop the knowledge and skills to manage the financial affairs of individuals, community organisations and sole traders. There is an emphasis on preparing financial information and effectively communicating that information.



Recommended Prior Learning

Students need good mathematical skills to be able to take this subject.

Pathway

Assessment Information

4 standards of 5 credits each - 2 internal, 2 external (the teacher may decide to only complete 15 credits in the year)