SACE Stage 2

Home Accounting



SACE Stage 2

20 credits

Students will develop an understanding of how businesses make informed decisions using the practices of accounting (recording, reporting, analysing and communicating).

In Stage 2 Accounting, students develop and extend their understanding of the underpinning principles. Students will further develop and apply their knowledge to managing financial sustainability, preparing reports responding to scenarios which consider stakeholder needs in local and global contexts.

Course Content
Further Info
This subject is structured around three focus areas:

  • understanding accounting concepts and conventions
  • managing financial sustainability
  • providing accounting advice

These will be applied in the following contexts:

  • local, national, and multinational enterprises
  • small, medium, and large businesses
  • public-private partnerships
  • primary, secondary, and tertiary enterprises
  • online enterprises
  • not-for-profit organisations


School Assessment

Accounting Concepts and Solutions 40%
Accounting Advice 30%
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.