11ACC

11 Accounting Communication

Subject Description

Teacher in Charge: Ms N. Doherty.

Content

  • Simple Financial Statements, processing of Accounting Data, analysis of Accounting Data, Investment of money.
  • Accounting activity of selling a product to emphasise the process of keeping financial statements.
  • Cash management - Interview of household for cash controls.
  • Investing virtual money.
  • Social Psychology of listening, leadership and attitudes, prejudices and discrimination.
  • Business communication.

Learning and Assessment

Description

Financial Statements

*Cash Budget, Income Statement, Statement of Financial Position.

*Small Accounting activity of selling a product while keeping the appropriate accounting records.

*Setting up portfolios for investment of virtual money.

*Social Psychology of leadership, discrimination.

Managing Cash Controls

Processing Accounting Data

Interviewing a household and explaining financial information on financial documents.

Writing up source documents, bank reconciliation, cash journals, ledgers and trial balance by hand or using technology.

Business Analysis

Analysing final accounts.

Business Communication

Learning skills of business communication. e.g., the skills of listening and leadership.

Decision Making

Individual or group reporting on decisions made on investment portfolio, giving financial and non-financial reasons for choices.


Information Evening Presentation 

Subject and Associated Costs

Course Costs: $50.00 Workbooks.
Associated Costs: Nil.

Pathway

Accounting is useful in everyday life in managing your personal budgets, investments, loans etc. Being able to read and understand financial statements is an important feature of the course and can help you understand investing money or the financial position of any clubs you may belong to after you leave school.
Accounting can also lead to a well paid future career in any industry that you wish to work in.

Career Pathways

Assessment Information

Year 12 Accounting Minimum Entry Guidelines:
12 ACC – Students will have covered the basic requirements of:
Processing Accounting Data, producing Financial Statements and analysing them.