Stage 1 | Subject outline | version control

Accounting Stage 1
Subject outline

Version 4.0
For teaching in Australian and SACE International schools from January 2024 to December 2024.
For teaching in SACE International schools only from May/June 2023 to March 2024, and from May/June 2024 to March 2025.
Accredited in August 2018 for teaching at Stage 1 from 2019.

Stage 1 | Subject outline | Capabilities | Personal and social capability

Personal and social capability

In this subject students extend and apply their personal and social capability by, for example:

  • collaborating with others to create authentic accounting information
  • engaging with stakeholders to provide accounting information for decision-making
  • developing an understanding of how accounting applies to their personal circumstances
  • examining their present financial situation, as well as possible future scenarios, to inform decisions relating to purchases, savings, and borrowings
  • exploring contemporary and emerging career pathways that rely on accounting understanding.