ABE202

Level 2 Accounting & Business Enterprise (ABE202)

Course Description

Teacher in Charge: Mrs N. Sewell.

In this Social Science course students learn about the language of business, investigate practical applications for aspiring small business owners and develop skills in personal financial literacy. We look at decision making and future proofing with the aim of businesses becoming more sustainable. 

This course has a commerce theme combining Achievement Standards and Unit Standards from the Accounting, Business Studies, Agribusiness and Financial literacy domains.  It provides a pathway for students wishing to continue with their studies of accounting, and for those who are interested in business studies and developing practice financial literacy skills and want to pick it up for the first time.

Students are offered between 14 and 18 credits in this course, depending on their future goals, interests and abilities.


SERVICES – The Tax Hub

Course Overview

Term 1
Do you want to be a millionaire? Look at how to manage your money.
Making decisions and adjustments to budgets to ensure they are fit for purpose and you have a money goal in mind so that you can afford that school trip, ball dress or other expensive items.

Term 2
What motivates employers and employees to turn up at work?
Look at the links and connections with Maori Business Concepts.
Using case studies of small businesses we look at how they operate and the source documents that they use.

Term 3
Do you want to run a small business in the future?
Gain an understanding of financial statements and how they work.

Term 4
Small business financial statements will be fine tuned ready for the external examinations

Recommended Prior Learning

Open Entry

Contributions and Equipment/Stationery

1 x1B8 exercise book , calculator
Workbook purchased through the school (approx. $25 to be confirmed in 2023)

Pathway

Small Business, Chartered accountant, Entrepreneur, Accounts Manager, Business Administration

Assessment Information

3 internals and 1 or 2 externals. Assessments will be targeted to the needs of the students

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 23 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 18 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24699 v4
NZQA Info
Make an informed decision relating to personal income and explain its impacts
Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2021-12-12, Week: 2021-12-12

U.S. 28094 v4
NZQA Info
Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2021-12-12, Week: 2021-12-12

A.S. 90847 v2
NZQA Info
Business Studies 2.5 - Investigate the application of motivation theory in a business
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2021-12-12, Week: 2021-12-12

A.S. 91176 v2
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
Level: 2
Internal or External: External
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2021-12-12, Week: 2021-12-12

A.S. 91179 v2
NZQA Info
Accounting 2.6 - Demonstrate understanding of an accounts receivable subsystem for an entity
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2021-12-12, Week: 2021-12-12
Term: 2022-06-19, Week: 2022-06-19

A.S. 91386 v2
NZQA Info
Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2021-12-12, Week: 2021-12-12

A.S. 91865 v1
NZQA Info
Agribusiness 2.7 - Demonstrate understanding of future proofing influences that affect business viability
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 23
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

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.