New Zealand Diploma in Business (Accounting) (Level 5)

Issued by Learning Engine

The Earner of this New Zealand Diploma in Business (Accounting) (Level 5) will be able to Record and process a wide range of financial transactions, including the use of appropriate dedicated accounting software.

Type Learning
Level Advanced
Time Months
Cost Paid

Additional Details

Skills

Earning Criteria

Understanding Change the earner is able to Identify and demonstrate how innovation and organisation change can contribute to enhanced business performance. Explain and assess the impact and importance of sustainability to business entities. Research and recommend solutions for improving performance of a business entity
Business Environments the earner is able to Apply a range of legal and economic principles to internal and external business Environments Analyse the potential impacts of a range of internal and external environmental influences on business entities . Identify and utilise relevant internal and external environmental data to plan the management of risk and performance in a business entity
Business Functions the earner is able to Apply the principles and practices of accounting, and operations to make decisions supporting business efficiency and effectiveness . Understand and apply practices of Human Resource Management, Sales and Marketing to support business efficiency and effectiveness . Demonstrate skills for managing own and others learning and performance within an operational context
Organisations in a New Zealand Context the earner is able to identify the nature of business entities and their stakeholders in relation to: interests, influences and risks they are exposed to. Identify and apply professional and ethical behaviour to ensure business communications are effective, conducted in a socially and culturally appropriate manner and relationships with stakeholders are developed and maintained. Analyse and present evidence of how the business activities and relationships
Introduction to Accounting and Taxation the earner is able to process end of period/balance day adjustments. Apply accounting concepts and standards to prepare financial statements. Apply tax rules for individuals and small businesses.
Analysis of Financial Information the earner is able to calculate ratios and analyse financial performance for a business entity. Analyse and interpret financial information to inform decision-making for a business entity. Evaluate debtor risk and apply relevant actions to mitigate these risks.
Applied Accounting the earner is able to process a wide range of transactions to Trial Balance. Record accounting processes for a GST registered business using accounting software. Apply the accounting profession’s Code of Ethics to given situations. Research and communicate on technical issues of a business.
Budgets for Planning and Control the earner is able to prepare budgets and monitor performance against budgets for a GST registered person Prepare budgets and use budgets to monitor performance for a business. Determine internal controls to minimise financial risk for a business entity

Standards

New Zealand Diploma in Business (Accounting) (Level 5)

The purpose of this qualification is to provide Aotearoa New Zealand with people who have business knowledge and skills that can be applied in a range of operational business contexts. Achievement of this qualification with the Accounting strand may equip graduates to meet the academic entry requirements for Chartered Accountants Australia and New