11 Accounting 1

11AC1
Course Description

Teacher in Charge: Mrs M. Farquhar

Students will:


Focus on acquiring and developing business-related accounting skills and theory, learning to process more complex transactions and how to prepare
financial statements manually and by computer
Investigate and report on accounting subsystems as well as analysing and interpreting sole proprietor statements in more detail than at Level 1


Pathway

12 Accounting 1, 12 Accounting 2, 12 Agribusiness 1, 12 Business Studies 1

Contributions and Equipment/Stationery

11AC1 - Supplementary costs: Approx $40


Prerequisites

Completed 10AE1 or 10BU1 

OR HoF approval


Credit Information

This course is eligible for subject endorsement.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90981 v3 Accounting 1.6 - Make a financial decision for an individual or group
Assessments:
Term: 1, Week: 5
1
I
3
Y
A.S. 90980 v3 Accounting 1.5 - Interpret accounting information for sole proprietors
Assessments:
Term: 4, Week: 1
1
E
4
Y
A.S. 90978 v3 Accounting 1.3 - Prepare financial statements for sole proprietors
Assessments:
Term: 2, Week: 1
1
E
5
A.S. 90977 v3 Accounting 1.2 - Process financial transactions for a small entity
Assessments:
Term: 3, Week: 3
1
I
5
A.S. 90976 v3 Accounting 1.1 - Demonstrate understanding of accounting concepts for small entities
Assessments:
Term: 2, Week: 7
1
E
3
Y
Total Credits

Total Credits Available: 20 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 8 credits.