ACC02

Accounting Level 2

Course Description

Teacher in Charge: Mrs D. Sawyer

L2 Accounting

Accounting enables students to understand the processes involved in recording, classifying, analysing and interpreting financial information. The programme aims are to:

  • introduce basic accounting principles for entities

  • develop students knowledge of cash and finance management for entities

  • understand the accounting process for entities

  • prepare financial statements for entities


Topics covered include:

  1. Accounting concepts for an entity

  2. Preparing financial information for an entity that operates accounting subsystems

  3. Accounts Receivable subsystems used by entities

  4. Inventory subsystems used by entities

  5. Understanding of contemporary accounting issue for decision-making





Recommended Prior Learning

Level 1 Accounting

Assessment Information

Throughout the year, content for all 5 standards will be covered, however students will be able to select the standards which best suits their learning needs through discussion with their accounting teacher and e-Dean.

Disclaimer

Courses outlined will only be available if sufficient students wish to take them AND appropriate staff are available to teach them. Courses that do not run may be offered through distance learning and be supported by the Distance Learning Department.