VCE Accounting

What is this subject about?

Accounting studies how to record and report on the financial aspects of a business. VCE accounting focuses on decision making for small businesses and looks at both theoretical and practical aspects of accounting.

You will also learn how to use bookkeeping programs and ICT in a way that it is used by accountants in practice.
Accounting involves very basic maths (mainly addition and subtraction) and you will always have the use of a calculator.

What are we going to be studying?

* How to establish a small business
* Recording of financial transactions for a small business
* Reporting of financial position of a small business

    • Profit/Loss

    • Cash flow

    • Balance sheet (list of what the business owns and what it owes)

* Analysing the financial position of a business based on these reports
* ICT in accounting

Where does this subject go?

This subject will give you a great lead into the following VCE subject/s:
* Works well with business management
* Can be helpful to economics

This subject is advantageous if you’re looking at these careers:

* Accountant
* Actuary
* Bank officer
* Commodities trader
* Economist
* Financial planner
* Investment banker
* Stockbroker
* Treasurer