NCEA Accounting - A Beginning: Level 1 Year 11 is a new series of texts and workbooks, which has been specifically designed to meet the requirements of the revised 2011 Level 1 Achievement Standards in accounting. The text covers all of the material for the following externally assessed Achievement Standards: 1.1 Demonstrate Understanding of Accounting Concepts for Small Entities 1.3 Prepare Financial Information for Sole Proprietors 1.5 Interpret Accounting Information for Sole Proprietors. It also covers the material for the internally assessed Achievement Standard: 1.2 Process Financial Transactions for a Small Entity. Solutions to all of the exercises are provided in the Teachers' Guide. This is an overprinted version of the student workbook which provides a quick reference for teachers. An electronic copy of the Teachers' Guide is included for use as visual media.

 

This book is aimed at children in secondary school.

There are 304 pages in this book. This book was published 2011 by Cengage Learning New Zealand .

Lilian Viitakangas is an educational consultant. She was a Senior Tutor at The University of Auckland, where she specialised in teacher education and the teaching of introductory accounting courses. Formerly HOD Business Studies at Glenfield College, Lilian has more than twenty years' teaching experience spanning secondary, tertiary and adult education both in New Zealand and overseas. Lilian is a former examiner for University Entrance, Bursaries and Scholarships, the New Zealand Education & Scholarship Trust and the Sixth Form External Examination in accounting.

This book has the following chapters: Chapter 1 Introduction What is Accounting? Who Uses Financial Information? The Accounting Entity Assets, Liabilities and Equity Chapter 2 Applying Accounting Assumptions The Statement of Financial Position Accounting Assumptions The Income Statement Capital and Revenue Expenditure Chapter 3 Accounting Transactions Source Documents Goods and Services Tax The Accounting Equation Recording Assets, Liabilities and Equity Chapter 4 The General Ledger The Chart of Accounts Recording Balances in the Ledger Transactions - Assets, Liabilities and Equity Transactions - Income and Expenses Preparing the Trial Balance Chapter 5 Cash Journals and Bank Reconciliation The Cash Receipts Journal Posting Cash Receipts to the Ledger The Cash Payments Journal Posting Cash Payments to the Ledger Bank Reconciliation Chapter 6 Preparing Financial Statements Financial Statements Revisited Financial Statements from a Trial Balance Accrual Accounting Chapter 7 More Financial Statements More Accruals Adjusting the Trial Balance Depreciation Chapter 8 Trading Organisations and Cash Budgets The Trading Statement Preparing the Income Statement More Accruals Cash Budgets Chapter 9 Analysing Financial Performance Percentage Change The Gross Profit Percentage Looking at Expenses Looking at Profit Chapter 10 Analysing Financial Position Looking at Liquidity Financial Structure Service Organisations