NCEA Level 2 Accounting case studies
NCEA Level 2 Accounting · Put your knowledge to work in context.
Accounting at NCEA Level 2 is the study of how an entity's financial information is prepared and communicated, so that its performance and position can be understood by owners, managers and other users. The subject sits within the Social Sciences learning area of the New Zealand Curriculum and is delivered through achievement standards at Level 2 and Level 3, plus a New Zealand Scholarship standard; Accounting is no longer offered at Level 1, where the newer Commerce subject now sits. The NCEA Level 2 Accounting case studies are 5 cases and about 2,470 words.
1Tidal Trails: Adjusting a Sole Trader’s Profit
Tania owns Tidal Trails, a sole trader selling kayaks and accessories. At 31 March 2025, her trial balance shows Accounts receivable 18,400, Allowance for doubtful debts 320 credit, Inventory 22,750, Equipment 48,000, Accumulated depreciation – equipment 19,200, Wages expense 62,300, Insurance expense 3,600, and Profit before adjustments 14,250.
479 words, about 2 min2Harbour Light Café: Internal Control Weaknesses
Harbour Light Café is a small owner-operated café. All cash sales are rung on one till, but the owner, Mere, often serves customers and takes cash.
498 words, about 2 min3Southland Soap Co.: Cash Budget Decision
is a small manufacturer. It is preparing a cash budget for the three months July–September.
471 words, about 2 min4Alpine Sports and Budget Bikes: Ratio-Based Lending Decision
Two sole traders, Alpine Sports and Budget Bikes, both sell bicycles. Summary figures for the year ended 31 March 2025: Alpine Sports: Sales 420,000, Cost of goods sold 252,000, Gross profit 168,000, Profit 42,000, Inventory 35,000, Accounts receivable 28,000, Total assets 210,000, Equity 120,000.
489 words, about 2 min5Waihi Woodworks: Special Order and Scarce Labour
Waihi Woodworks makes wooden toys. It has a monthly capacity of 2,000 labour hours.
533 words, about 3 min