Update

[sam.utute]

How's everyone going with Accounting so far? No dramas?

I'm hoping everyone understands Debits and Credits

Anyone start practice exams yet?

How are everyone's notes coming along? I've been writing some Unit 3 accounting notes as well - 60 pages/12000 words xD they are really, really detailed.

Please let me know if anyone needs clarification on anything. I've been doing so much VCE accounting lately, its kind of ridiculous.

Sam

[123456k]

whhhhhoaah and you got a 47 for it. All i was gunna do was memorise the definitions of the qualitative characteristics, accounting principles and a a lot more from the other chapters. all the practical stuff should be fine so maybe write up brief notes on each topic and focus on the trial exams to minimise my mistakes. i might add some of the theory questions from the trial exams i dont get to my notes and look at them from time to time. i have currently have 17 trial exams including vcaa. How many exams did you do? i wanted more exams but that all i could find :/. how many weeks till exams did you start doing trial exams?

[sam.utute]

I actually started practice exams during January

Memorising will definitely help, but understanding the concepts is much more effective. Looking at the 2010 exam (FIFO question -.-), it definitely seems that VCAA will be assessing students understanding rather than just their ability to memorise and spit out pre-learned answers.

Aim to do as many exams as possible. Much of VCE Accounting is about practice. Have a go at the different study guides on the market.
Your plan is definitely more than adequate. But to guarantee a score above 45, you need to do more than everyone else. So that could mean doing extra practice exams, making notes etc.

The notes I'm making right now are for someone else. I didn't really use notes for accounting. I mainly kept a really detailed record of all the exams I did and the mistakes, errors etc.