Accounting; Business Studies; Economics

Year 10 Commerce - 10COM

This is a Year 10 course designed to give students an insight into the role of business in society. Students will explore enterprise culture and values, gain knowledge of good business practice and acquire a greater financial literacy and numeracy capability and an understanding of Matauranga Maori in a Business Context.

Students will study Business Values and Entrepreneurship, Supply, Business Accounting, Marketing and Career Pathways in a Commerce environment.

Level One Commerce – 11COM

Commerce is the use of accounting, business and economic concepts and models to understand and solve problems in of society. In Commerce, students will build the knowledge, skills, and values they need to navigate, and participate in, the economic world. They will learn how participants in this world make decisions, and they will analyse how these decisions impact on sustainability.

Students will learn that decision-making is necessitated by scarcity and that decisions are informed by a variety of cultural perspectives.

Students will also have the opportunity to put their learning to use in a practical context with a School Trade Fair

This course will offer 10 NCEA Level 1 credits with 1 Internal and 1 External

92028 – Demonstrate an understanding of an organisations financial decision making – 5 credits – Internal

92030 – Demonstrate understanding of how interdependent financial relationships are impacted by an event – 5 credits - External

Completion of this course is required for Level 2 Accounting, Business Studies or Economics.

*There are no pre-requisites for this course

Level Two Accounting - 12ACC

Financial literacy and making informed financial decisions, is important no matter what your chosen career path is. If you wish to be successful - be it in science, medicine, law or commerce, eventually you will be responsible for the management of money by way of budgets and strategic decision-making. Accounting prepares you to handle these funds in a responsible and accurate manner. In level two Accounting, you will be exposed to operating accounting software for a business (Xero). Most small businesses are now doing their accounts themselves now that accounting software is so readily available so a basic understanding of how this works is going to be advantageous.

Level Two covers: Using XERO for business accounts, managing both the Accounts Receivable and Inventory aspects of a business, preparing financial statements, and analysing and interpreting those financial statements and how we can make our business succeed in the changing global economy.

Level 2 is a 19 credit course offering 5 Achievement Standards (3 Internal and 2 External)

91175 Demonstrate understanding of accounting processing using accounting software - 4 Credits (Internal)

91179 Demonstrate understanding of an accounts receivable subsystem for an entity - 3 Credits (Internal)

91386 Demonstrate understanding of an inventory subsystem for an entity - 3 Credits (Internal)

91481 Demonstrate understanding of a contemporary accounting issue for decision-making – 4 Credits (Internal)

91176 Prepare financial information for an entity that operates accounting subsystems - 5 Credits (External)

Level Two Prerequisites: Achievement in both Achievement Standards covered in Level 1 Commerce.

*Direct entry is possible at this level after consultation with the HOD.

Level Two Business Studies - 12BUS

Studying business enables students to appreciate the issues that challenge businesses and stakeholders. In a rapidly changing world, it is important that citizens are able to make informed and rational decisions about business matters. Business contributes to the development of a culture of enterprise in New Zealand and supports our efforts to improve economic and community well-being. Business studies creates opportunities for students to:

- understand the integral role of business in society and the economy

- explore enterprise culture & Economic Impact on Sustainability and Kaitiakitanga

- develop the key competencies through the fostering of such qualities as initiative, resilience, and resourcefulness and the skills of problem solving, co-operation, decision making, negotiation, and communicating

- gain knowledge and understanding of good business practice and of business as a productive activity

- acquire greater financial capability.

In Business Studies, students develop their understanding of business theory and practices in a range of relevant contexts, through experiential as well as theoretical approaches to learning.

Level 2 Business Studies is an 19 credit course offering five Achievement Standards.

External Achievement Standards

90843 Demonstrate understanding of the internal operations of a large business (4 credits)

90845 Apply business knowledge to a critical problem(s) in a given large business context (4 credits)

Internal Achievement Standards

90847 Investigate the application of motivation theory in a business (3 credits)

91868 - Demonstrate understanding of cash flow forecasting for a business (4 credits)

91865 Demonstrate understanding of future proofing influences that affect business viability (4 credits)

Level Two Prerequisites: Achievement in both Achievement Standards covered in Level 1 Commerce.

*Direct entry is possible at this level after consultation with the HOD

Level Two Economics - 12ECO

Students studying Economics at Level 2 will; develop an understanding of the New Zealand economy and the policies that the Government uses to manage it, make sense of economic problems that they may be facing, now and in the future, make connections between New Zealand's economy and the global economy. Students will understand why New Zealand consumers may experience price increases for products, such as cheese and butter, if local producers are exporting goods such as dairy. Students will be challenged to find solutions to current macro-economic issues, such as unemployment, poverty, low economic growth, inflation, overuse of natural resources.

In Level 2 the students study the Macro-Economy and the global issues of Inflation, Growth and unemployment. Students will also analyse the government policies that can be used to control these economic measures.

Level 2 Economics is a 22 credit course offering 5 Achievement Standards (3 Internal and 2 External)

91222 Analyse inflation using economic concepts and models - 4 credits External

91224 Analyse economic growth using economic concepts and models - 4 credits External

91225 Analyse unemployment using economic concepts and models – 4 credits Internal

91227 Analyse how government policies and contemporary economic issues interact - 6 credits Internal

91228 Analyse a contemporary economic issue of special interest using economic concepts and models - 4 credits Internal

Pre-Requisites: Achieved in both Achievement Standards covered in Level 1 Commerce.

*Direct Entry is possible at this level after consultation with the HOD

Level Three Accounting - 13ACC

A school background in Accounting is useful for any person wishing to enter the world of commerce in such areas as financial literacy, business management, risk management, venture capitalists, banking, tourism, marketing, insurance, information technology, resource management, finance, consultancy, advisory and self-employment. So where does Accounting lead? Accounting is a core subject for almost every commerce degree in Australasia and is viewed as advantageous for all university graduates. If you wish to be successful - be it in science, medicine, law or commerce, eventually you will be responsible for the management of money by way of budgets and strategic decision-making. Accounting prepares you to handle these funds in a responsible and accurate manner. Level Three covers: Partnership and company reporting, costing a job, investment analysis of an NZX listed company on behalf of a client, and management decision-making.

Level 3 Accounting is a 22 credit course offering 5 Achievement Standards (3 Internal and 2 External)

91405 Demonstrate understanding of accounting for partnerships - 4 Credits (Internal)

91407 Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity - 5 Credits (Internal)

91409 Demonstrate an understanding of a job cost sub system for an entity - 4 Credits (Internal)

91406 Demonstrate understanding of company financial statement preparation - 5 Credits (External)

91408 Demonstrate understanding of management accounting to inform decision-making - 4 Credits (External)

Level Three Prerequisites: Achievement in Achievement Standard 2.3 Prepare financial information for an entity that operates accounting subsystems and Achievement in one further Achievement Standard

*Direct entry is possible at this level after consultation with the HOD.

Level Three Business Studies - 13BUS

Studying business enables students to appreciate the issues that challenge businesses and stakeholders. In a rapidly changing world, it is important that citizens are able to make informed and rational decisions about business matters.

Business contributes to the development of a culture of enterprise in New Zealand and supports our efforts to improve economic and community well-being At Level 3 the course focuses on Multi-National Corporations with a focus on the issues of Quality, Innovation, Change Management & Intellectual Property. Level 3 Business Studies is a 20-credit course offering five Achievement Standards (Three internally assessed and two externally assessed)

External Achievement Standards

91379 Demonstrate understanding of how internal factors interact within a business that operates in a global context (4 credits)

91381 Apply business knowledge to address a complex problem(s) in a given global business context (4 credits)

Internal Achievement Standards

91382 Develop a marketing plan for a new or existing product (6 credits)

91870 Analyse the effect of financing options of a strategic capital expenditure decision on a business (4 credits)

91869 Analyse future proofing strategies to ensure long term viability of a business (4 credits)

Level Three Prerequisites: Achievement in 3 Achievement Standards at Level 2 (must include at least 1 External).

*Direct entry is possible at this level after consultation with the HOD.

Level Three Economics - 13ECO

Students studying Economics at Level 3 will; develop an understanding of the New Zealand economy and the policies that the Government uses to manage it, make sense of economic problems that they may be facing, now and in the future, make connections between New Zealand economy and the global economy.

Recognize the different perspectives and values individuals and groups bring to economic decision making

Students will compare and contrast economic decisions affecting New Zealand in contexts in which resources are scarce and research the viewpoints different groups bring to negotiations. For example, an employer and an employee may have different views on what a fair wage increase might be.

Students will use analytical tools to present justified recommendations about resource issues. For example, a student could use efficiency and/or equity arguments to justify a policy like a carbon tax as a means of reducing global warming, or giving property rights to Māori as a means of conserving the foreshore.

By studying economics, students will learn to value all cultures and the contributions they make to economies. For example, a student might study the impact of immigration on the economy and what skills different immigrants bring to New Zealand.

Level 3 Economics is an 20 credit course offering 4 Achievement Standards (2 Internal and 2 External)

91399 Demonstrate understanding of the efficiency of market equilibrium - 4 credits External

91403 Demonstrate understanding of macro-economic influences on the New Zealand economy- 6 credits

91401 Demonstrate understanding of micro-economic concepts - 5 credits Internal

91402 Demonstrate understanding of government interventions to correct market failures - 5 credits Internal

Pre-Requisites: Achievement in 3 Achievement Standards at Level 2 (must include at least 1 External). Direct Entry is possible at this level after consultation with the HOD