Accounting Concepts and Processes Workbook NCEA Level 2, 1st edition

Published by Pearson (January 5, 2012) © 2012

  • Russell Gordon

Paperback

ISBN-13: 9781442557048
Accounting Concepts and Processes Workbook NCEA Level 2
Published 2012

Title overview

Accounting Concepts and Processes Workbook NCEA Level 2 has been written to support the work you undertake in your class room. It is a comprehensive workbook, containing enough text and a wealth of exercises and activities to help you to understand and achieve the requirements for all the Achievement Standards at NCEA Level 2. 

Accounting is simply the art of communicating financial information to interested parties to allow themto make informed decisions about relevant aspects of an entity they are interested in.In this workbook we: 
  • re-visit the concepts that set the parameters for and usefulness of the information provided to makefinancial decisions 
  • look at subsystems that trading businesses find interesting, such as inventory, accounts receivable andaccounts payable
  • take another look at financial statements covered at Level 1 and introduce a new statement: Statementof Changes in Equity 
  • analyse and make sense of the information provided in the financial statements 
  • look at how businesses can operate robust accounting systems. 
Level 2 Accounting builds on the knowledge gained at Level 1 and broadens the user's understanding ofthe purposes and uses that accounting information can be put to. 

Samples

Preview sample pages from Accounting Concepts and Processes Workbook NCEA Level 2

Table of contents

  1. Demonstrate an understanding of accounting concepts for a sole proprietor that operates accounting systems
  2. Demonstrate an understanding of accounting subsystems for a trading firm
  3. Demonstrate an understanding of accounting processes
  4. Prepare financial information for an entity that operates accounting subsystems
  5. Analyse and interpret information and make recommendations for a sole proprietor
  6. Prepare a report on how an entity safeguards its assets

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