venky57 I did VET Accounting, so I don't know how translatable it is...
Biggest thing we were tested on was the accuracy of our accounts; seems simple, but the basis of double entry accounting is that you need to get it wrong twice for it to balance 😅
When we were tested on business cases it was more an emphasis on whether we got the given ratios right rather than focusing on WHY these ratio's should be used.
Moving outside of the 40+ hunt; if you can grasp an advanced conceptual knowledge of accounting principles, why ratios are important and most importanly, their practical application in business forecasting... you'll be employed before you can even begin to worry about HECS debt.