ATAR Notes: Forum

VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Accounting => Topic started by: ValiantIntellectual on September 28, 2014, 12:30:16 am

Title: 50ing accounting ?
Post by: ValiantIntellectual on September 28, 2014, 12:30:16 am
Hi, Ignore my subject choice below because I am replacing politics with accounting. As you can see I have very high expectations to which some may say are unreasonable. I respect this but I would like to ask the following.
1) Accounting seems very easy to me but so does the other people in class, I want to ask what the real challenge is that separates the 40s and the 50s?
2) What do people most struggle with in accounting?
3) I have a lot of time ahead of myself so how may I hone down on the skills of a good accounting student?

I guess what I am really trying to say is how can I get a 50? It seems so clear with other subject eg Bio : Know your material in and out  and English : read constantly and write constantly. Accounting is just so unique that I don't know how to differentiate myself from the rest since everyone is so good at it. 
Title: Re: 50ing accounting ?
Post by: redcracker on October 03, 2014, 11:28:31 am
same with bio, if you know your stuff in and out you can apply it to any situation they give you

i am interested to hear from past students what they think about this?
Title: Re: 50ing accounting ?
Post by: TheWackyCheese on October 03, 2014, 12:54:21 pm
2) What do people most struggle with in accounting?
You just have to minimise your errors and practise. Most people struggle with the theory and reading the questions properly as it's evident from past exams. I'd recommend reading through these ATARNotes Accounting Guides to gain an understanding of what is required in the subject. The scope of the course is rather narrow so if you understand the reasons for accounting and you do enough practise, there's no reason why you shouldn't be able to score high.
Title: Re: 50ing accounting ?
Post by: jonoz0r on October 03, 2014, 04:20:23 pm
In my opinion, one of the areas that really separates the 40s and 50s are the analysis and discussion questions that they could ask at the end of year. Only 3% of students were able to get 6/6 for the analysis questions in last year's paper. So if you're able to tackle those types of questions before the final exam with ease, you'd be setting yourself in a good position to score high (even a 50, in your case :P)
Title: Re: 50ing accounting ?
Post by: redcracker on October 03, 2014, 09:34:04 pm
In my opinion, one of the areas that really separates the 40s and 50s are the analysis and discussion questions that they could ask at the end of year. Only 3% of students were able to get 6/6 for the analysis questions in last year's paper. So if you're able to tackle those types of questions before the final exam with ease, you'd be setting yourself in a good position to score high (even a 50, in your case :P)

good to hear from a past 50 student. how did you tackle questions like that?
Title: Re: 50ing accounting ?
Post by: p.taaa on October 04, 2014, 08:22:58 pm
Define the concepts
Rote learning helps a little
Link to the case study using figures and names
list/ explain some flaws
Usually involves linking to characteristics and or principles, so linking with those too
Should be sufficient to get you full marks in any theory q