VCE Accounting

Accounting is amongst the less popular VCE exams. A good knowledge of the theory of accounts as well as practice should see you do well!


VCAA Statement

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Selected questions/exam content from the VCE Accounting are copyright Victorian Curriculum and Assessment Authority (VCAA), reproduced by permission. VCE® is a registered trademark of the VCAA. The VCAA does not endorse this product and makes no warranties regarding the correctness or accuracy of its content. To the extent permitted by law, the VCAA excludes all liability for any loss or damage suffered or incurred as a result of accessing, using or relying on the content. Past VCE exams and related content can be accessed directly at www.vcaa.vic.edu.au.

 

Except as permitted under the VCAA’s Copyright and Intellectual Property Policy or as expressly permitted under the Australian Copyright Act 1968 (Cth), end-users are prohibited from reproducing, adapting or communicating the VCAA material incorporated into Studyclix.

 

The VCE Accounting Course includes the following topics for study:

Accounting for Non-Current Assets

Accounting for Stock

Balance Day Adjustments

Balance Sheet

Budgets

Cash Journals

Credit Journals

Depreciation

Determining Profit or Loss

General Journal

GST

Liquidity

Profitability

Returns of Stock

Stock Valuation

Subsidiary Ledgers

The Accounting Equation

The Cash Flow Statement

The General Ledger

The Role of Accounting

 

There’s just one section in the VCE Accounting Exam, where students answer all of the questions into an answer book. One of the key tips for success in VCE Accounting to make use of the available practice exam and past papers. Using the helpful resources on Studyclix for VCE Accounting can also help students to to do well in exams. Some of the VCE Accounting resources including videos, solutions, notes and practice material. Using these tools and resources can help replace VCE Accounting tuition and improve your grade for the VCE Accounting final exam.

 

According to the VCAA, VCE Accounting “focuses on small business. Unit 1 begins with a small service business, allowing students to develop knowledge and skills in accounting without the complexities of accounting for trading businesses or large organisations. Units 2, 3 and 4 then focus on a single activity trading business where students build on and extend their accounting skills. Many students who study VCE Accounting will go on to further studies and careers in business and finance.”

 

VCE Accounting Study Design:

http://www.vcaa.vic.edu.au/documents/vce/account/accountingsd-2013.pdf

 

20 Topics for Accounting

20 Past papers for Accounting

Accounting Discussions

Resources for Common Accounting