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SACE 1 Year 11

Accounting 1st Edition

$50.00 inc. GST This item will be released December 20, 2021.

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First Edition
Year 11 Publication
ISBN: 978-1-925505-44-3
  • Anna Fusco 

The Essentials Workbooks are designed to support the teaching of SACE Stage 1 and 2 subjects in South Australia. The SACE 1 Accounting Workbook is designed to meet the new Subject Outline requirements of the SACE Stage 1 Accounting course for 2022.

The new SACE 1 Accounting Workbook includes theoretical concepts and practical activities which align with the revised SACE Stage 1 Subject Outline in 2022.

The Stage 1 workbook provides a solid foundation in preparing students for the Year 12 course.

In addition, this workbook also includes a wide variety of practical exercises to help students consolidate their learning. The focus of this workbook goes beyond teaching accounting skills but also teaches students how to interpret data and prepare accounting advice.

The SACE 1 Accounting Workbook 1st Edition also includes complimentary digital platform access.

This product is due in stock December 2021.

This product is available for pre-order. Pre-order customers will receive early digital platform access November 2021. For school pre-orders, please email [email protected]

Table of Contents


  • Focus Area 1: Understanding Accounting
    1     Understanding Accounting
    1.1  What is Accounting?
    1.2  Stakeholders
    1.3  Ownership Structures and Entities
    1.4  Topic Review: Group Challenge
    1.5  End of topic Glossary
  • 2     Accounting Principles and Conventions
    2.1  Stages of the Accounting Process
    2.2  Accounting Principles
    2.3  Accounting Concepts and Conventions
    2.4  Duality Concept and the Accounting Equation
  • Focus Area 2: Understanding Financial Sustainability 
  • 3      Financial Reports
    3.1  Balance Sheet
    3.2  Statement of Changes in Equity
    3.3  Income Statement
    3.4  Statement of Cashflows
    3.5  Sources of Finance
  • 4     Ratios and Decision-making
    4.1  Introduction to Ratios
    4.2 Liquidity Ratios
    4.3 Debt/Equity Ratios
    4.4 Profitability Ratios
    4.5  Chapter Revision
  • 5    Double-entry Accounting
    5.1  General Journal
    5.2  Ledgers
    5.3. Trial Balance
  • Focus Area 3: Perspectives in Accounting
  • 6    Accounting Advice
  • Exam Revision