Accounting and Finance ATAR

  • Course Code - AEACF
  • University Pathway

Estimated Cost: $50.00

Course Outline

The Accounting and Finance ATAR course aims to make students financially literate by understanding the systems and processes through which small businesses operate in terms of both financial information and community involvement. It helps students to analyse and make informed decisions about finances. They will select and use a variety of financial systems including manual and electronic recording of business transactions.  Students will develop a broadly based financial literacy that will enable them to deal successfully with the financial aspects of their lives including the concepts of risk and return as well as stability and profitability.

This course is ideal for all students but will assist students who are looking to study commerce, looking to own their own business, learn financial literacy as well as those looking to go into the managerial roles in the future.

Skills Outline

Some of the key concepts, which relate to personal and small business finance, covered include:

  • Bookkeeping skills
  • Dealing with GST
  • Creating income statements
  • Preparing balance sheets
  • Recording and reading financial documents
  • Sources of finance for businesses today
  • Using computerised accounting programs
  • Taxation
  • Role of Government in businesses today
  • Role of not-for-profit organisations in financial decision making
  • Interpreting financial reports and ratios

Skills Outline

Numeracy, Literacy, Problem solving, Computer literacy

Minimum Entrance Requirements

C Grade in Year 10 Mathematics and English

Further Study

Year 12 – ATAR - Accounting & Finance Course Code ATACF

Coastal Cluster

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