Level 3 Accounting & Business Enterprise (ABE303)
Course Description
Teacher in Charge: Mrs N. Sewell.
In this Social Sciences course students will complete a broad study of finance with an Accounting focus. There will be a focus on financial decisions for Companies and Partnerships and looking at issues that may impact the efficient operation of businesses. This is a commerce based course with standards are from the Accounting and Business Studies domains.
The programme of asssessment will be finalised at the start of the year, based on student ability, goals and interests. Students will aim to complete between 14 to 18 credits from the list below based on student interest and ability.
14 credits can be gained from the Accounting subject area for those intending on University study, or those wanting to use this subject to gain University Entrance.
Course Overview
Term 1
For those wanting to have Accounting as a career, we do a recap from previous years.
Partnerships are next, looking at going into business with like minded individuals.
We also start making choices in Term 1.
You may wish to take a slightly different tack and opt into Unit Standards:
Evaluating one's personal income is useful for everyone.
How to buy Property.
Developing a plan to reach a long term financial goal. e.g. buying a house, car, paying for tertiary education
Term 2
Visit a local manufacturing business
How do they cost out their jobs to customers (Accounts receivable). How do they remain competitive?
Or we can look at how businesses are future proofing.
Listing a Company on the NZ stock exchange is a big decision. Would you invest as a shareholder?
Term 3
Preparation of Company Financial Statements and the theory that underpins what we do as a business.
Term 4
Recap and preparation of either 1 or 2 standards for NCEA examinations.
Recommended Prior Learning
Open Entry, however, if you have not completed Level 2 Economics or Level 2 Accounting and Business Enterprise please have a discussion with Mrs Sewell and the HOD of Social Sciences ( Mrs Peszynski) regarding your suitability.
Contributions and Equipment/Stationery
1B8 exercise book and calculator
Workbook approx. $30 based on 2021 (to be confirmed 2022)
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
This course is approved for University Entrance.
External
NZQA Info
Demonstrate knowledge of factors that impact on businesses
NZQA Info
Business Studies 3.5 - Analyse a human resource issue affecting businesses
NZQA Info
Accounting 3.2 - Demonstrate understanding of accounting for partnerships
Assessments:
Term: 2021-12-12, Week: 2021-12-12
NZQA Info
Accounting 3.3 - Demonstrate understanding of company financial statement preparation
Assessments:
Term: 2021-12-12, Week: 2021-12-12
NZQA Info
Accounting 3.4 - Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity
Assessments:
Term: 2022-06-19, Week: 2022-06-19
NZQA Info
Accounting 3.5 - Demonstrate understanding of management accounting to inform decision-making
Assessments:
Term: 2021-12-12, Week: 2021-12-12
NZQA Info
Accounting 3.6 - Demonstrate understanding of a job cost subsystem for an entity
Assessments:
Term: 2021-12-12, Week: 2021-12-12
NZQA Info
Agribusiness 3.8 - Analyse future proofing strategies to ensure long term viability of a business
Assessments:
Term: 2022-06-19, Week: 2022-06-19
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 29
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Pathway Tags
Creative, Primary, Service, Market Researcher, Financial Advisor, Retailing, Sales, Accountant, Banking, Management, Government Departments, Economist, Analyst, Researcher, Marketing Manager, Marketing Executive, Sales Manager, Banker, Advertising, Sports Marketer, Events Manager, Teacher, Small Business Manager, Financial Analyst, Product Manager, Product Development, Human Resources Advisor, Recruitment Manager, Entrepreneur (in your own business), Journalist, Investment Banking, Retail Buying, Retail Management, Public Relations Officer, Bank Management, Distribution & Logistics Management, Insurance Underwriter, International Market Developer, Property Manager, Property Valuer, Property Developer, Accounts Officer, Auditor, Debt Collector, Finance Manager, Financial Adviser, Financial Dealer, Payroll Officer, Mortgage Broker, Actuary, Energy Auditor, Real Estate Agent, Business Analyst, Computer Support Technician, Database/Systems Administrator, Game Developer, Information and Communication Technology,
Disclaimer
POLICY
It is the policy of Sacred Heart College Lower Hutt to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications.