Business Studies

VCE Accounting 3 & 4
These units introduce double entry accounting using the accrual basis of accounting. It emphasises the role of accounting as an information system and the role and use of information technology in the accounting process.
Unit 3: Financial Accounting for a trading business

 

Areas Studied:

· Introduction of a double entry system of accounting

· Recording in ledgers and journals

· Treatment of inventory in the accounting records

· Security procedures used by firms to prevent theft and fraud

· Ethical considerations when making business decisions in relation to a trading business

Unit 4: Control and Analysis of Business Performance

 

Areas Studied:

· Balance-day adjustments

· Depreciation of business assets

· Ethical considerations of business decisions

· Cash Flow and Income Statements

· Balance Sheets

Preparation Subjects
VCE Accounting Unit 1 & 2
For further advice: Wiseman Sibanda
VCE Business Management 3 & 4
Unit 3: Corporate Management

In this unit students identify the key processes and issues concerned with managing a business efficiently and effectively to achieve the business objectives.  They consider corporate culture, management styles, management skills and the relationship between each of these.  Students investigate strategies to manage both staff and business operations to meet objectives.

 

Unit 4: Managing People and Change

In this unit students consider the importance of reviewing key performance indicators to determine current performance and the strategic management necessary to position a business for the future.

Areas Studied:

· Examine a range of management styles and skills that may be used when managing a business.

· Factors such as motivation and training involved in effectively managing employees during their time at a business.

· Effective management of the process of transforming inputs into outputs.

Areas Studied:

· Use of key performance indicators and use the results to make decisions concerning the future of a business.

· Consider the importance of leadership in change management, how leaders can inspire change.

Preparation Subjects
VCE Business Management Unit 1 & 2
For further advice: Jorgen Leschke
VCE Legal Studies 3 & 4
Unit 3 – Rights and Justice

In this unit students examine the methods and institutions in the justice system and consider their appropriateness in determining criminal cases and resolving civil disputes. Students consider the Magistrates’ Court, County Court and Supreme Court within the Victorian court hierarchy, as well as other Victorian legal institutions and bodies available to assist with criminal and civil cases. Students consider the rights available to an accused and to victims in the criminal justice system, the roles of the judge, jury, legal practitioners and the parties, and the ability of sanctions and remedies to achieve their purposes. Students discuss recent reforms from the past four years and recommended reforms to enhance the ability of the justice system to achieve the principles of justice in both criminal and civil cases. Throughout this unit, students apply legal reasoning and information to actual and/or hypothetical scenarios.

 

Areas of Study

· The Victorian Criminal Justice System

· The Victorian Civil Justice System

 

Unit 4 – The people and the law

In this unit, students explore how the Australian Constitution establishes the law-making powers of the Commonwealth and state parliaments, and protects the Australian people through structures that act as a check on parliament in law-making. Students develop an understanding of the significance of the High Court in protecting and interpreting the Australian Constitution. They investigate parliament and the courts, and the relationship between the two in law-making, and consider the roles of the individual, the media and law reform bodies in influencing law reform.

 

Areas of Study

· The People and the Australian Constitution

· The People, the Parliament and the Courts

 

 

 

Preparation Subjects
VCE Legal Studies Units 1 &  2
 

For further advice: Joanna Simpson