Accounting

VCE Accounting Units 1–4 focus on financial recording, reporting, analysis, and decision-making in small businesses.

The beginning of the subject introduces basic accounting concepts and the recording of financial data for service businesses, touching up on accounting and decision-making for a trading business in Unit 2.

At the beginning of Unit 3, students will explore the double-entry accounting system, accrual accounting, and financial reporting for a trading business, extending to financial analysis with balance day adjustments, depreciation methods, and strategies to improve business performance in Unit 4.