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Stage 2 Accounting Studies

Course Length: 20-credit
Learning Area: Business, Enterprise and Technology

Where does it lead?

Accounting plays an integral part in the successful management of financial affairs, whether it be on a personal, business or social level. It is the system used to record, analyse and interpret financial information.  Effective recording, analysis and sound critical thinking skills and communication of this information are vital for informed decision making and management. This course provides good background for students who may wish to study tertiary courses in Business, Marketing or any Management sphere.

Prerequisites

There are no prerequisites. However, Stage 1 Accounting provides an excellent background and is a definite advantage, particularly since it provides an opportunity to become familiar with the language of Accounting.

What is in the course?

Studying this subject provides the skills and understanding of the accounting process, including how the Australian Accounting Conceptual Framework governs the Accounting Profession and provides a sound basis for its integrity. Students develop an understanding of the internal and external environments of accounting, and apply them to the broader context. The roles and processes of accounting, including recording, reporting, analysing accounting information and its role in financial decision making will be discussed and students develop communication skills applicable to accounting situations. The ability to evaluate and respond to change in the economic, technological and business environments are emphasised and the ethical and social issues related to accounting are raised.

Assessment

  • Skills and Applications Tasks
  • Report
  • Examination

 

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