Accounting

SACE Credits: 10

Teacher: Vanathi Arulmuruganar

Accounting offers students a chance to delve into the financial business world of recording, summarising and creating relevant financial reports that will aid a business owner in making effective decisions to further their business.

 

This subject focuses on creating foundational knowledge of Accounting through topics such as personal financial management, keeping accurate cash records and understanding the ethical and legal influences faced by accountants and business owners today.

 

Students will learn to

  • understand the role of accounting in society,
  • record and report financial information using manual methods as well as information and communication technologies,
  • apply the principles and practices of recording and reporting financial information,
  • recognise and understand financial information for decision making,
  • analyse, interpret, and communicate financial information using accounting terminology,
  • apply effective decision-making skills using financial and non-financial information,
  • recognise social, legal, regulatory, and/or ethical influences on financial recording and decision-making.

Assessment:

  • Assessment Type 1: Skills and Application Tasks (75%)
  • Assessment Type 2: Inquiry (25%)

Pathways:

Stage 1 Accounting will provide students with the appropriate knowledge to continue with Accounting in Stage 2, as well provide good background for Economics and Business and Enterprise.