SACE Stage 2

Home Accounting


Business, Enterprise and Technology

SACE Stage 2

20 credits

Students acquire knowledge and skills related to the processes involved in recording, analyzing, and reporting accounting information for effective decision-making.

Course Content
Further Info
The Environment of Accounting
  • Types of business entities
  • Influences on accounting information
  • Users of accounting information
  • Accounting process
Financial Accounting
  • The Accounting Equation
  • Double entry
  • Accounting reports
  • Cash flow
  • Analysis and interpretation of financial statements
Management Accounting
  • Cash budgets
  • Recording inventories
  • Control over debtors and assets
  • Decision making and report writing


School-based Assessment

Skills and Applications tasks 50%
Report 20%
External Assessment (examination) 30%


This course prepares students for further study in the area of finance and business.
A background in Accounting Stage 1 is desirable.