NCEA Level 1 Commerce - Business and Accounting
Teacher in Charge: Mr R. Turrell.
NCEA Level 1 Commerce Business and Accounting will give students a broad understanding of two Commerce disciplines within the context of organisations of Aotearoa New Zealand. As an overarching approach, students will use, explore and apply Accounting and Business concepts in a course that allows ākonga to run their own business enterprises to gain first hand knowledge, skills, and values they need to navigate, and participate in, and appreciate their place in the economic world.
Alongside the theoretical understanding of businesses and organisations. Students will also learn how to ideate, structure and form a business or social enterprise. The theoretical understanding is underpinned by a practical aspect of running a small enterprise, guided by business concepts and accounting principles. Students will engage as participants in the economic world who make decisions, and analyse how these decisions impact their income / wealth and the wider community.
Through their theoretical and practical understanding from the course, students will consider the process of organisational financial decision making, explore decisions around price determination and the implication to stakeholders, evaluate the effect of external influences on businesses interdependent within the economy, and explore the resulting impact of financial viability.
Level 1 Commerce Business and Accounting draws on collaborative as well as theoretical skills. Team work, communication and leadership are developed and are a strong theme throughout the course.
Business and Organisations
Organisational, purpose, structure and functions
Stakeholder motivation and accountability
Recruitment and Human Resources
Interdependence and external influences
Accounting and Financial Records 1
Accounting Equation, Debits & Credits
Statement of Financial Position
Accounting and Financial Records 2
Balance Day Adjustments
Interpretation of Accounts
Entrepreneurship and Applied Business
Ideation - developing a business idea.
Market research - target markets
Create and carry out a business plan
Recommended Prior Learning
While 10 BEA will give students an initial advantage, others with a sound study record at Year 10 are welcome to take this course.
Contributions and Equipment/Stationery
Start up funding may be required dependent upon the students' business ideas.
You will be assessed in this course through all or a selection of the standards listed below.
Total Credits Available: 15 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 10 credits.
Mining Engineer, Accountant, Auditor, Actuary, Finance Manager, Advertising Specialist, Anaesthetic Technician, Retail Manager, Statistician, Baker, Hotel/Motel Manager, Cafe Worker, Property Manager, Butcher, Cafe/Restaurant Manager, Urban/Regional Planner, Kitchenhand, Chef, Elected Government Representative, Event Manager, Quantity Surveyor, Demonstrator, Dietitian, Foreign Policy Officer, Workplace Relations Adviser, Sports Coach/Official, Early Childhood Teacher, Environmental Scientist, Economist, Human Resources Adviser, Energy/Carbon Auditor, Financial Adviser, Health Promoter, Health Services Manager, Mortgage Broker, Nanny/Child Carer, Policy Analyst, Tertiary Lecturer, Real Estate Agent, Secondary School Teacher, Valuer,