Stage 2 | Subject outline | version control

Accounting Stage 2
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 2 from 2020.

Stage 2 | Subject outline | Capabilities | Critical and creative thinking

Critical and creative thinking

In this subject students extend and apply their critical and creative thinking capability by, for example:

  • exploring and explaining accounting concepts and conventions, considering local and global perspectives
  • applying accounting concepts and conventions to analyse and evaluate financial and non-financial information to make forecasts and provide advice to stakeholders to inform decision-making
  • evaluating the reliability of financial and non-financial information for accurate decision-making in an accounting context
  • creating accounting information for a range of stakeholders
  • analysing and evaluating financial and non-financial information to identify issues and/or trends to propose financial solutions
  • considering the evolving role of accounting in society.