90978 Prepare financial statements for sole proprietors - NZQA
90978 Prepare financial statements for sole proprietors - NZQA
90978 Prepare financial statements for sole proprietors - NZQA
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Number AS<strong>90978</strong> Version 1 Page 3 of 3Note:• Income Statement and Balance Sheet are to be prepared on a GST exclusivebasis with the GST payable/receivable shown in the Balance Sheet.• The note <strong>for</strong> property, plant and equipment is limited to cost, accumulateddepreciation and carrying amount.• Cash Budget will be prepared on a GST inclusive basis.8 Assessment Specifications <strong>for</strong> this achievement standard can be accessed throughthe Accounting Resources page found at http://www.nzqa.govt.nz/qualificationsstandards/qualifications/ncea/ncea-subject-resources/.Replacement In<strong>for</strong>mationThis achievement standard replaced unit standard 7361.Quality Assurance1 Providers and Industry Training Organisations must be accredited by <strong>NZQA</strong> be<strong>for</strong>ethey can register credits from assessment against achievement standards.2 Accredited providers and Industry Training Organisations assessing againstachievement standards must engage with the moderation system that applies tothose achievement standards.Accreditation and Moderation Action Plan (AMAP) reference 0233© New Zealand Qualifications Authority 2011