Level 1 Accounting for Sole Proprietors and Community Organisations
1. AKO E – Level 1 Accounting
Teacher: Carolyn Alexander-Bennett School: Kaitaia College Cluster: FarNet
Delivery Method: Video Conference and Blended Approach
Carolyn Alexander-Bennett, ePrincipal FarNet & HarbourNet, Kerikeri, Northland
Diploma in Teaching, TTC, PG Certificate in ICT in Education (Canterbury University)
Email: carolyn.bennett@farnet.schoolzone.net.nz
Course Description:
Level 1 Accounting covers understanding accounting concepts and processed and demonstrating
financial information used by sole proprietors and community organisations.
Learning Area: Social Sciences Curriculum Level: NCEA Level 1 Year Level: 11
Day and Time of VC class: tbc Pin: 275101
Prerequisites
No prior learning required but a general interest in business and/or accounting is preferable.
Practical Component
No practical component will be required.
Assessment Details
Level 1 Accounting will be assessed through the 7 achievement standards - (3 externals with a total of 12 credits)
and (4 internals with a total of 13 credits).
Achievement Standards Available (as below)
AS90976: Demonstrate understanding of accounting concepts for small entities (3 cr) - External
AS90977: Process financial transactions for a small entity (5 cr) - Internal
AS90978: Prepare financial statements for sole proprietors (5 cr) - External
AS90979: Prepare financial information for a community organisation’s Annual General Meeting (4 cr) - Internal
AS90980: Interpret accounting information for sole proprietors (4 cr) - External
AS90981: Make a financial decision for an individual or group (3 cr) - Internal
AS90982: Demonstrate understanding of cash management for a small entity (4 cr) - External
Resources:
Accounting Level 1 Learning Workbook – Anne Dick, google account, itunes u account, Calculator, Folder