Master of Professional Accounting (12 unit program)

Note: This course is only available for students commencing in Semester 1, 2013 (March).

Degree structure

To be awarded the Master of Professional Accounting, students complete 12 units of study (72 credit points)#, comprising:

• eight core units of study (48 credit points)
• four elective units of study (24 credit points)

# Students who upon graduation, wish to apply for Associate Membership of CPA Australia or the Institute of Chartered Accountants in Australia (ICAA) must complete, in addition to the eight compulsory units of study, certain other units of study as electives in the Master of Professional Accounting program. Please refer to the information under the heading 'Professional accreditation in accounting requirements' for details of these required units of study.

Core units of study

• ACCT5001 Accounting Principles
• ACCT5002 Managerial Accounting and Decision Making
• ACCT6001 Intermediate Financial Reporting
• ACCT6007 Contemporary Issues in Auditing
• ACCT6010 Advanced Financial Reporting
• CLAW5001 Legal Environment of Business
• CLAW6002 Corporate Structures in Practice
• FINC5001 Capital Markets and Corporate Finance.

Elective units of study

Students select four elective units of study (24 credit points) from the following options:

• ACCT6002 International Accounting
• ACCT6003 Financial Statement Analysis
• ACCT6005 Management Control Systems
• ACCT6006 Advanced Managerial Accounting
• ACCT6014 Designing Accounting Systems
• ACCT6015 Extended Performance Reporting
• ACCT6116 Corporate Collapse*
• ACCT6118 Public Sector Accounting*
• ACCT6120 Corporate Governance and Accountability
• BUSS5000 Critical Thinking in Business
• BUSS5001 Firms, Markets and Business Management
• BUSS6500 Industry Placement ^
• CLAW6026 Taxation Law and Practice
• CLAW6005 Regulation of Capital Markets
• CLAW6030 China’s Legal Environment for Business
• CLAW6031 International Financial Crime
• FINC6001 Intermediate Corporate Finance
• FINC6013 International Business Finance
• FINC6016 Financial Instruments and Markets
• INFS5000 Accounting Information Systems
• INFS6012 Enterprise Systems Management
• INFS6031 Project Management and Accounting
• IBUS5003 Global Business
• QBUS5002 Quantitative Methods for Accounting
• QBUS6310 Business Operations Analysis
• WORK5003 Management and Organisations
• WORK6030 Performance and Rewards.

* Not offered for 2013.

^ High-performing students who have completed at least 24 credit points of study in the program may be eligible to replace an elective with BUSS6500 Industry Placement, if selected for work placement on competitive merit.

Elective units to meet professional accreditation in accounting requirements

The Master of Professional Accounting (12 unit program) is accredited with both CPA Australia and the Institute of Chartered Accountants in Australia (ICAA), providing that in addition to the eight core units of study, the following units of study are chosen as electives:

• CLAW6026 Taxation Law and Practice #
• QBUS5002 Quantitative Methods for Accounting
• BUSS5001 Firms, Markets and Business Management

AND one of the following:

• ACCT6014 Designing Accounting Systems; OR
• INFS5000 Accounting Information Systems.

# CPA Australia allows students to either complete taxation studies at university or to undertake this as an elective within their professional level studies (CPA program) after graduation.

Progression guide

The following table illustrates a suggested full-time learning sequence for the 12-unit Master of Professional Accounting program (commencing study from Semester 1).

Please note: The information listed in this example is based on the unit of study offerings for 2013 and is intended as a guide only. Students are usually able to complete the units of study for their course in different sequences to that which is listed (including enrolling in units in Summer or Winter School sessions when available). Students are advised to plan their course based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree.