Numeracy

In this subject students extend and apply their numeracy capability by, for example:

• preparing financial reports using appropriate accounting concepts and conventions
• preparing classified reports, including income statements, statements of changes in equity, and balance sheets
• developing an understanding of accounting analysis tools (such as ratios) and using information from classified reports to calculate appropriate ratios
• exploring types and sources of finance
• applying their understanding of online savings accounts, credit cards, personal loans, mortgages, and superannuation to inform decision-making.