To develop students’ understanding of the role of accounting in society as a financial language for individuals, community organisations and businesses.
To provide students with knowledge of the principles, processes and systems of accounting.
To enable students to apply financial knowledge and skills to practical situations.
The users of accounting, major accounting concepts, financial elements and features of different entities.
The recording of financial information on a cash basis and making adjustments to record assets and liabilities on balance day.
Processing transactions manually and mechanically to the financial statements and recognising that an accounting system needs controls built-in to ensure assets are safeguarded and accurate information is produced.
How community organisations classify and present their financial information.
The application of accounting principles to personal finances.
To allow students to understand the role of accounting in society.
To improve students understanding of business organisation by a study and appreciation of accounting.
To provide students' with an increased awareness of accounting concepts and application in the world of business, and access to career opportunities.
Explore the conceptual basis of accounting for a sole proprietor.
Process financial information for fixed assets and balance day adjustments.
Investigate the report on accounting systems.
Report, analyse, interpret and evaluate systems.
Process financial transactions using computer software for a sole proprietor.
To provide an understanding of the conceptual basis of accounting.
To give an appreciation of how basic accounting concepts, processes and systems are applied to different types of organisations and groups of users.
To provide an understanding of the analysis of accounting systems and the methods of processing accounting data.
Describe and apply the conceptual basis of accounting in context.
Process financial information for partnerships and/or companies.
Process financial information for a manufacturing job cost sub-system.
Report financial information for partnerships and/or companies.
Prepare a report that analyses and interprets a company’s financial report for external users.