Otago Polytechnic

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

Location

Online 

Duration
34 weeks full-time; part-time options
Delivery

Delivered through the TANZ eCampus. Online activities – readings, discussion forums, research tasks and fact-finding. Study will be mainly self-directed and is flexible to suit your needs

Level
5
Start
Flexible
Apply
Anytime
  • Location
    Intake
    Study breaks
  • Online (TANZ)
    21 October 2019
  • Online (TANZ)
    18 November 2019
  • Online (TANZ)
    23 September 2019
  • Online (TANZ)
    13 January 2020
  • Online (TANZ)
    10 February 2020
If finance and accounting aren’t your core strengths, then it can sometimes be a challenge contributing at a senior level within an organisation.

Having a solid grasp of all aspects of business management - including accounting - is a great way to advance your career. 

This programme is ideal if you are already charging forward with your career in the corporate sector but need additional accounting skills or if you are already operating in a finance role but want to formalise your skills.  

Prefer to study face-to-face? No problem. We offer this programme at our Dunedin Campus

Please note: Learners under the age of 18 cannot apply for this programme.

What will I gain?

Gain the accounting technical knowledge you need 

If you want to contribute at a more senior level within your work environment, you need to have a sound understanding of the technical components of accounting.  You will learn how to record and process a wide range of financial transactions and apply the correct accounting standards when preparing financial statements and reports.

Learn how to minimise business risk

Having the right knowledge to minimise business risk is essential when operating within a leadership role. This expertise is even more important when it applies to the financial area of a business. You need to understand the internal and external controls and processes that are required within a business to minimise risk as well as full knowledge of legal and professional requirements.

Discover how to make informed decisions that enhance business performance

Effective, informed and accurate decision making is a core requirement. You need to be able to analyse and interpret financial information accurately and with confidence to make informed decisions, prepare budgets and monitor performance.  The right knowledge will give you that confidence.

Learn about the accounting professions code of ethics

Trusted roles within a business generally have a professional body that oversees member behaviour and practice. The code of Ethics provides an important and informed guide about what is and what isn’t acceptable business behaviour.  

Career opportunities  

Become ready to take on a variety of careers with the skills and knowledge to be employed in a variety of business entities in roles like finance administrator or inventory controller. 

Entry requirements 

Applicants under 20 years old

  • A minimum of 14 numeracy credits at Level 1 or higher in Mathematics on the Directory of Assessment Standards, and
  • 50 credits at Level 2 or above with at least 12 credits in each of three subjects including a minimum of 8 literacy credits at Level 2 or higher in English or Te Reo M¯aori (4 credits must be in reading and 4 credits in writing) 
  • The literacy credits will be selected from a schedule of approved achievement standards and unit standards found on the NZQA website at Literacy Requirements for University Entrance.
  • OR equivalent to the above.

Applicants 20 years or over

  • No minimum academic entry requirements.
  • However, you need to provide your CV detailing any relevant work experience and academic achievements.
  • If English is not your first language, you must provide:

If you need to improve your English Language skills, we offer a wide range of English programmes.

Special entry 

In exceptional circumstances, an applicant under the age of 20 who does not meet the academic entry requirements may be granted entry where they supply evidence to satisfy the relevant Academic Committee of their ability to succeed in the programme.   

Pathways into the programme

This qualification may build on from:

Your workload

This qualification is made up of eight courses. Each course is delivered over nine weeks.

NZQA guidelines suggest up to 150 hours of total study time for a 15 credit course.

So, to complete one of the courses successfully in the nine weeks you must be prepared to devote approximately 16.5 hours per week to your study. Depending on your previous academic online experience and course level this may vary to a certain degree. 

If you want to study as a full-time student you can enrol on more than one course at a time, which will increase the amount of study required per week. 

Programme structure 

Course name

Credits

Level

Contact
hours

Self-directed
learning hours

Organisations in a New Zealand Context

15

5

60

90

Business Environments

15

5

60

90

Business Functions

15

5

60

90

Understanding Change

15

5

60

90

Introduction to Accounting and Taxation

15

5

60

90

Applied Accounting

15

5

60

90

Analysis of Financial Information

15

5

60

90

Budgets for Planning and Control

15

5

60

90

Totals

120

 

480 

720

Course descriptions
1. Organisations in a New Zealand Context

To review and analyse business entities from a range of perspectives in an Aotearoa NZ context

Learning Outcomes:

  • 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 of organisations in Aotearoa NZ can be influenced by bi-cultural partnerships.
2. Business Functions

Apply knowledge of core business functions for operational efficiency and effectiveness.

Learning Outcomes:

  • 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

3. Business Environments

To analyse environmental influences on a business entity.

Learning Outcomes:

  • 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.

4. Understanding Change

To contribute to innovation and change in organisations

Learning Outcomes:

  • 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

5. Introduction to Accounting and Taxation

To apply accounting concepts and standards to prepare financial statements for a business entity and apply tax rules.

Learning Outcomes:

  • Process end of period/balance day adjustments.
  • Apply accounting concepts and standards to prepare financial statements.
  • Apply tax rules for individuals and small businesses.

6. Applied Accounting

To apply accounting concepts and standards to prepare financial statements for a business entity and apply tax rules.

Learning Outcomes:

  • 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.

7. Analysis of Financial Information

To calculate, analyse and interpret financial information to inform decision making for a business entity and evaluate debtor risk.

Learning Outcomes:

  • 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.

8. Budgets for Planning and Control

To prepare budgets and use budgets to monitor business performance for a business entity and determine internal controls to minimise financial risk for a business entity.

Learning Outcomes:

  • 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.
Further study options

Upon successful completion of this programme, you may choose to further your learning and progress to other strands of the New Zealand Diploma in Business such as Leadership and Management, or Administration and Technology, or other business qualifications at degree level. Alternatively, you may choose to pursue relevant industry or professional qualifications at Level 6 or above. We offer the Leadership and Management strand on campus in Dunedin.     

Student loans and allowances

Full-time domestic students of this programme are eligible for student loans and allowances (dependent on age and financial circumstances.) Please contact Studylink for additional information. Phone 0800 88 99 00 or visit www.studylink.govt.nz

Recognition of prior learning 

If you already have extensive knowledge and skills gained from practical experience in this area, enquire about our recognition of prior learning process at Capable NZ. You may have already gained credits towards this qualification in the course of your life. Visit www.capablenz.ac.nz 

Disclaimer

While every effort is made to ensure that this sheet is accurate, Otago Polytechnic reserves the right to amend, alter or withdraw any of the contained information. The fees shown in this document are indicative ONLY. Both domestic and international fees are subject to change and are dependent on the development and implementation of Government policies. Please note that additional fees may from time to time be required for external examination, NZQA fees and/or additional material fees.

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