SACE Stage 2 Accounting case studies
SACE Stage 2 Accounting · Put your knowledge to work in context.
SACE Stage 2 Accounting is a Year 12 subject within the South Australian Certificate of Education, administered by the SACE Board of South Australia. It suits students who want to understand how financial information is recorded, reported, and used, whether they intend to pursue further study in commerce or simply want practical financial literacy. The subject is organised around four equally weighted areas: financial accounting; management accounting; accounting information systems and controls; and accounting for decision-making and professional practice. Each area carries 25 percent of the subject's content. The SACE Stage 2 Accounting case studies are 5 cases and about 2,618 words.
1Depreciation policy change and profit quality
Kestrel Traders owns a delivery van bought on 1 July 2024 for 48,000 cash. The accountant recorded straight-line depreciation over 6 years with a 6,000 residual, so 2024-25 depreciation was 7,000.
512 words, about 3 min2Make-or-buy with a constrained resource
Bramwell Components makes three parts. Per-unit data: Part A sells for 40, variable cost 22, uses 2 machine hours.
525 words, about 3 min3Bank reconciliation with a suspected fraud
On 30 June the Cash at Bank ledger of Harlow Studio shows a debit balance of 14,260. The bank statement shows a credit balance of 16,905.
489 words, about 2 min4Relevant costing for a special order
Lindqvist Furniture makes 8,000 chairs a year, using 80% of its 10,000-unit capacity. Normal selling price is 120.
505 words, about 3 min5Ethical pressure and faithful representation
Ravi is the graduate accountant at Meridian Supplies. On 28 June the finance manager, Carla, instructs him to: (1) delay recording 46,000 of supplier invoices received on 27 June until 1 July, 'so the year looks cleaner'; (2) reverse a 12,000 allowance for a doubtful debt from a customer who has missed three payments, because 'they've promised to pay'; and (3) reclassify a 90,000 five-year loan as a current liability only in a footnote, not on the face of the statement.
587 words, about 3 min