Accounting
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| Subject Name: | Accounting |
| Level of Study: | Stage 2 |
| Length of Course: | Year |
| Prerequisite: | NA |
Pre-requisites
What will be in the course?
Accounting helps students to develop critical thinking and problem-solving skills and is useful whether you want to become a manager in a business, the government, a non-government organisation or be an entrepreneur. Accounting helps business owners and managers to understand their business so that they can make informed decisions and promote financial sustainability. Students prepare and report accounting information and propose authentic accounting advice to meet a variety of stakeholder needs. Students transfer this knowledge to real-world scenarios and consider the influence of local and global perspectives on accounting practices. Students examine current and emerging social trends, evolving technologies, government regulations, environmental issues, new markets, and other economic factors, as well as ethics and values, when exploring the practice of accounting.
Learning takes place around two focus areas:
- Financial Literacy: ledgers, profit and loss statements, balance sheets, cashflow statements, budgets, stock control and break-even.
- Providing accounting and business advice from business data.
How will I be assessed?
School Assessment (70%)
- Assessment Type 1: Skills and Applications Tasks (40%)
- Assessment Type 2: Report (30%)
External Assessment (30%)
- SACE issued examination (30%)