Financial Accounting

Course code 601

In this course you will apply the regulatory and technical aspects of financial accounting and external reporting for companies and evaluate financial and non-financial information.

How to enrol

Before enrolling in this course you need to:

  • Choose the qualification you will study the course under. See the Work towards tab below for qualification options.
  • Check the order that courses in the qualification should be studied in the Qualification Structure table. This is in the Choose courses tab on the qualification page.

When you have completed your study of this course you should be able to

  • process transactions relating to the formation of a company and changes to shareholder equity, and analyse relevant implications
  • examine the New Zealand Accounting Standards Framework
  • apply aspects of accounting standards in the preparation and presentation of general purpose financial reports for a company
  • critically review, analyse, and interpret financial and non-financial information and effectively communicate conclusions for the purpose of shareholder investment
  • explain the purpose of and apply the current accounting requirements for consolidated financial statements.

Other requirements

To study this course you will need access to a computer, the Internet and email.

Set texts

There is a textbook required for this course. Visit our textbook page for more information.


Assessment 40% in-course, examination 60%

For more information and a full list of exam times see our examinations page.

Brochure and more information

You can find a full description of New Zealand Diploma in Business course prescriptions on the NZQA website.