Accounting is an Authority Subject
The skills and attitudes gained in this course will prepare students for a variety of entry points to employment. Students are provided with opportunities to develop skills in managing financial resources that they can apply at a personal level and in the business environment. Students are encouraged to think logically, to apply accounting principles in a consistent and effective manner and to become more independent learners.
Why Study Accounting?
- Introduces students to the language and concepts needed to participate effectively in a changing business environment eg Investment, Superannuation, Sharemarket, Finance.
- Provides an understanding of the fundamental records a business needs to maintain to meet the requirements of interested parties eg government, shareholders, management.
- Accounting provides ideal preparation for students seeking further study and/or employment in the business sector eg.
- Financial Planning & Advising
- Accounting in Industry and Commerce
- Business Management & Administration
- E-Commerce
While Accounting is not a pre-requisite for tertiary study, students have often commented that studying accounting at school made it easier when they came to study related areas at university.
Course Outline (new Syllabus)
Semester 1
Foundation Studies 1 (Basic Accounting Concepts & Principles, GST, Accounting Reports)
Foundation Studies 2
Semester 2
Bank Reconciliation Process
Control over Credit Transactions & Inventory
Personal Finance & Investment
Semester 3
Quickbooks
End of Year Reports
Non-Current Assets
Semester 4
Budgeting using Spreadsheeting
Cash Flow
Analysis of Reports
e-Business & Managerial Decision Making
Students need access to a computer at home due to Information Technology requirements of the course. A USB flash drive is essential.
