Accounting (A/T)


Accounting

Course information

Accounting is an information system, providing financial information about a business organisation. It provides the basis for effective and efficient decision-making in any business. This course will prepare students for a career in business, including particular vocations in the accounting area, and will form a basis for Tertiary study in Accounting and Commerce degrees.

Students develop their knowledge and understanding of the structure and operation of Accounting models. They examine the relationship between theory and practice including the role of stakeholders and decision-making. Students develop insights into the ways and impact of change on the accounting environment. They are provided opportunities to apply cutting-edge technology and softwares in accounting.

Post-school pathways

Do you enjoy or are you good at Social Science? (pdf, 111kb)

Workload expectation

Social and Behavioural Science subjects require regular and consistent revision of course content as well as detailed planning and research for assessment tasks outside of class time  in order to receive outstanding results.

Course pattern

Available as a Minor or Major (Students can complete a minor in Accounting and combine with units from Business and\or Economics to obtain a major in Commerce).

Suggested Minor course

Semester

2023

2024

1

Financial Accounting

Management Accounting

2

Advanced Financial Accounting

Contemporary Accounting

Suggested Major course

Semester

Unit

1

Financial Accounting

2

Advanced Financial Accounting

3

Management Accounting

4

Contemporary Accounting

Unit descriptions

Financial Accounting

Students will explore how to acquire, analyse, and present relevant financial data to prepare reports and support decision making. In framing inquiries, students engage with ethical issues in identifying the significance of data and conclusions, and implications of recommendations.

Advanced Financial Accounting

In this unit, students further engage with advanced financial accounting processes and analysis. They engage in advanced financial and associated non-financial analysis. Students engage with data analytics to frame and undertake investigations, use software packages to gather and analyse data and make recommendations.

Measuring Profit and Cash Flow

This unit focuses on learning how to acquire a variety of relevant data, interpret,  draw conclusions and solve management problems. Students engage with accounting information in framing questions in investigating management problems and provide clear visualisations of data to support decision-making by managers.

Contemporary Accounting

Students investigate how managers use accounting to refine and improve their outcomes in the contemporary business environment. They address current issues facing organisations and how they impact the accounting function. They engage with non-financial analysis and accounting processes that measure the value of ethical and socially responsible practices in the management of contemporary organisations and businesses and the value of sustainable business practices.