NCEA Level 3 Accounting

Level 3 Accounting provides students with an understanding of the operation of business and business management. The course focuses on partnerships and companies, which are service, trading or manufacturing in nature. Students will be able to understand accounting concepts, process financial data, understand systems, prepare reports, analyse and interpret reports and make informed decisions

Processing Financial Information

The preparation of journal and ledger entries for partnerships and companies.

Preparation of financial statements for partnerships and companies.

Analysis and Interpretation

The preparation of a report that analyses and interprets a company’s financial report to provide information for external users.

Cost Accounting and Management Decision Making

Processing information through a Job Cost accounting system.

Management decision-making in terms of Cost-Volume-Profit analysis and preparation of budgets used by management.

Students who go on to become accounting technicians or chartered accountants will find opportunities in business, government departments, banking as well as in accountancy firms. There are many branches of accounting to specialise in later, such as financial accounting, management accounting, cost accounting, tax accounting, project accounting, forensic accounting, international accounting, government accounting.