Qualifications and standards

New Zealand Scholarship Accounting

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Scholarship Performance Standard (93203)	Accounting
Method of assessment	Written examination
For year	2021

There will be 4 questions, which may be divided into more than one part. Additional resources will be provided.

An approved calculator is required.

Candidates should be familiar with:

the updated Level 3 Accounting and Scholarship Appendix on TKI
the New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting (2018 NZ Conceptual Framework), issued May 2018 (note this is a new Accounting Standard)
the New Zealand Equivalent to International Accounting Standard 1 – Presentation of Financial Statements (NZ IAS 1), issued November 2007, which incorporates amendments to 28 February 2018.

Questions will address:

a combination of a statement of comprehensive income and / or statement of financial position and / or a statement of changes of equity, and accompanying notes for a company, prepared for external reporting purposes
the New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting (2018 NZ Conceptual framework), issued May 2018
a current issue (resources to be provided)
application of understanding to a question covering several different aspects of the content drawn from Level 8 of the New Zealand curriculum.

Candidates will be required to demonstrate a combination of technical / interpretive and analytical skills.

The links listed below are for resources to help teachers and students understand what is required for success in New Zealand Scholarship.

Exam materials (question books, resource books, reports, schedules, etc)