In this subject students learn the practical skills needed to manage their own financial affairs and develop an understanding of the ethical considerations that affect financial decision-making.

About the subject

Students learn about the successful management of financial affairs in business, gain knowledge and skills related to accounting processes for organisational and business applications, and develop greater understanding of accounting concepts and standards and their use to generate financial reports. Students learn how to interpret financial information and convey this information to interested users.

Students study the following three sections:

  • Section 1: The Environment of Accounting
  • Section 2: Financial Accounting
  • Section 3: Management Accounting


Students demonstrate evidence of their learning through the following assessment types:

School-based AssessmentWeighting
Skills and Applications Tasks50%
External Assessment 

Information on the External Assessment - Examination (2 hours)

Students undertake a 2-hour examination. The examination includes a range of problem questions, including short-answer and extended-response questions. Problem questions integrate the key skills, knowledge, and understanding from all sections of the content with a focus on the knowledge, skills, applications, analysis, and interpretation involved in accounting practice.

The examination will be graded by external assessors with reference to the performance standards.

Performance Standards

The Accounting Subject Outline includes performance standards, which describe five levels of achievement that are reported with the grades A to E at the student’s completion of the subject. The school-based assessments and the external assessment will be graded with reference to the performance standards.

Filter by years
Year 10 Subjects
Year 11 Subjects
Year 12 Subjects
Filter by faculty
Business, Enterprise & Technology
English & Humanities
Health & Physical Education
Cross Disciplinary

All courses

Show all

The Compass App

Students and their families are encouraged to download the Darwin High School Compass app to their smart phone/tablet device. Compass app allows you to stay up to date with announcements and events, complete a range of e-forms for student absences and excursions and easily contact us via phone or email direct from the app.

Map of Darwin High School

© 2016 Darwin High School. CRICOS Provider: Northern Territory Department of Education, CRICOS Provider Number: 00780M, Course Code Intensive English: 048904G, Course Code Senior Secondary: 058744C

School Web Design by Dash.