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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.
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 | Learning requirements
Learning requirements
The learning requirements summarise the knowledge, skills, and understanding that students are expected to develop and demonstrate through their learning in Stage 1 Accounting.
In this subject, students are expected to:
- understand the role of accounting in decision-making
- understand and explore accounting concepts and conventions
- apply accounting concepts and conventions to create accounting information
- understand the accounting information needs of a range of stakeholders
- explore the use of, apply, and analyse accounting information in business, personal, and/or cultural contexts
- apply communication skills in an accounting context.