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Stage 1 | Subject outline | version control

Accounting Stage 1
Subject outline

Version 4.0
For teaching in Australian and SACE International schools from January 2024 to December 2024.
For teaching in SACE International schools only from May/June 2023 to March 2024, and from May/June 2024 to March 2025.
Accredited in August 2018 for teaching at Stage 1 from 2019.

Stage 1 | Subject outline | Evidence of learning

Evidence of learning

Assessment at Stage 1 is school based.

The following assessment types enable students to demonstrate their learning in Stage 1 Accounting:

  • Assessment Type 1: Accounting Skills
  • Assessment Type 2: Accounting Inquiry.

For a 10-credit subject, students should provide evidence of their learning through four assessments. Each assessment type should have a weighting of at least 20%. Students undertake:

  • three accounting skills tasks
  • one accounting inquiry.

For a 20-credit subject, students should provide evidence of their learning through eight assessments. Each assessment type should have a weighting of at least 20%. Students undertake:

  • six accounting skills tasks
  • two accounting inquiries.