ACC2 - Accounting

Entry Requirements: 12 Credits in BUS1 or HOD approval.
Level: NCEA 2	Type: Subject Choice	Duration: Full Year	Invitation Only: No
Assessment: Achievement Standard	Credits: up to 19	Endorsement: Yes
Leads To: Accounting (NCEA 3)

Akonga look at cashflow statements, accounts receivable and inventory systems in depth. Students are taught to process transactions and prepare financial statements using Xero accounting software. A module on analysing and interpretting financial statements concludes the course.

Available Standards:

Some or all of the following will be offered

Title	Description	Level	Credits	Assessment	U.E. Reading	U.E. Writing
91175	Demonstrate understanding of accounting processing using accounting software	2	4	Internal	No	No
91176	Prepare financial information for an entity that operates accounting subsystems	2	5	External	No	No
91179	Demonstrate understanding of an accounts receivable subsystem for an entity	2	3	Internal	No	No
91386	Demonstrate understanding of an inventory subsystem for an entity	2	3	Internal	No	No
91868	Demonstrate understanding of cash flow forecasting for a business	2	4	Internal	No	No

Other courses in Accounting:

• Business Studies (NCEA 1)
• Accounting (NCEA 3)

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(*) Last Reviewed: June 30, 2023

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