Level 2 Accounting 2025
Course Description
Teacher in Charge: Sharon Dove.
The aim of this course is to build on accounting knowledge gained in the Level 1 course, enabling students to understand the processes involved in recording, reporting, analysing and interpreting financial information for sole proprietor businesses. The skills learnt include: processing transactions using the Xero Accounting software programme; processing balance day adjustments in the General Journal and ledger; preparation of financial statements for sole proprietor businesses; cash flow forecasting and inventory subsystems.
View Level 2 Accounting video here
Recommended Prior Learning
Year 10 Business Studies and/or Level 1 Commerce. However students can pick up Level 2 Accounting without completing the Level 1 Commerce course.
Pathway
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
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
NZQA Info
Accounting 2.3 - Prepare financial information for an entity that operates accounting subsystems
NZQA Info
Accounting 2.7 - Demonstrate understanding of an inventory subsystem for an entity
NZQA Info
Agribusiness 2.10 - Demonstrate understanding of cash flow forecasting for a business
Course Videos
Disclaimer
- Availability of all courses is subject to student numbers and staffing
- Some courses will not be available if numbers are too small
- Some classes may be combined by Year level (e.g. Year 11 and 12 in one class) if numbers do not make separate classes viable
- It may not be possible to accommodate all choices and combinations of subjects
- Parents/Caregivers and students need to satisfy themselves that a chosen course meets the student’s goals for the following year and beyond