University of Sydney Handbooks - 2020 Archive

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Professional Accounting

The units of study listed below are those available for the current year and were approved at the time of publication. Students may also include any units of study, which are additional to those currently listed, which appear under these subject areas in the Business School handbook/website in subsequent years.

Errata
item Errata Date
1.

Sessions have been changed for the following unit. Intensive July has been added:

FINC5001 Capital Markets and Corporate Finance Sessions: Intensive January,
Semester 1, Intensive July, Semester 2

01/06/2020

Table of postgraduate units of study: Professional Accounting

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session

Professional Accounting

Master of Professional Accounting

Students must complete 96 credit points in units of study, comprising:
(i) 84 credit points in core units in study, which includes:
(a) 42 credit points in foundation core units of study
(b) 36 credit points in advanced core units of study
(c) a 6 credit point capstone unit of study; and
(ii) 12 credit points in elective units of study.

Units of study for the degree

Core units of study
(a) Foundation
BUSS5080 and ACCT5001 must be completed in the first semester of study.
ACCT5001
Accounting Principles
6      Semester 1
Semester 2
BUSS5080
Succeeding in the Accounting Profession
6   

This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2
BUSS5001
Firms, Markets and Business Management
6    N ECON5001 or ECON5002 or ECON5003 or ECOF5010
Semester 1
Semester 2
CLAW5001
Legal Environment of Business
6      Semester 1
Semester 2
FINC5001
Capital Markets and Corporate Finance
6      Intensive January
Semester 1
Semester 2
INFS5000
Accounting Information Systems
6   

This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2
QBUS5002
Quantitative Methods for Accounting
6    A Students should be capable of reading data in tabulated form, working with Microsoft EXCEL, and doing High School level of mathematics
N ECMT5001 or QBUS5001


This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2
(b) Advanced
ACCT5002
Managerial Accounting and Decision Making
6    P ACCT5001
Semester 1
Semester 2
ACCT6001
Intermediate Financial Reporting
6    P ACCT5001

Note: Department permission required for enrolment in the following sessions:Intensive January
Departmental Permission required for enrolment in the Intensive January session.
Intensive January
Semester 1
Semester 2
ACCT6007
Contemporary Issues in Auditing
6    P ACCT6001
Semester 1
Semester 2
ACCT6010
Advanced Financial Reporting
6    P ACCT6001

Note: Department permission required for enrolment in the following sessions:Intensive January
Departmental Permission required for enrolment in the Intensive January session.
Intensive January
Semester 1
Semester 2
CLAW6002
Corporate Structures in Practice
6    P CLAW5001
Semester 1
Semester 2
CLAW6026
Taxation Law and Practice
6    P CLAW5001
N CLAW5002
Semester 1
Semester 2
(c) Capstone
The capstone unit must be completed in the final semester of study.
ACCT6120
Corporate Governance and Accountability
6    A CLAW5001
P ACCT6010


This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2
Elective units of study
ACCT6002
International Accounting
6    A Accounting standards and their application
P ACCT6001
Semester 1
Semester 2
ACCT6003
Fundamental Analysis for Equity Investment
6    A QBUS5001 or QBUS5002
P ACCT5001 and FINC5001


ACCT6003 assumes knowledge of basic statistics and econometrics that are covered in QBUS5001/5002. ACCT6003 requires the analysis of data, ratios, normal distribution, expectations, variance, data graphs. ACCT6003 also assumes solid knowledge of time value of money concepts.
Semester 1
Semester 2
ACCT6006
Advanced Managerial Accounting
6    P ACCT5002
Semester 1
ACCT6015
Extended Performance Reporting
6    P ACCT5001
C ACCT6001
Semester 2
ACCT6019
Analytics for Accounting
6    P ACCT5002 and ACCT6001 and QBUS5002
Semester 2
BUSS6104
Business Practicum
6    A A sound understanding of business and strong written and oral communication skills.
P Completion of at least 48 credit points
Semester 1
Semester 2
BUSS6500
Industry Placement
6    P Completion of at least 48 credit points with a minimum credit average (60%)
N ECOF6500

Note: Department permission required for enrolment
Permission is required to enrol in this unit. Contact the Careers and Employability Office for details: business.placements@sydney.edu.au.
Intensive February
Semester 1
Semester 2
BUSS6506
China Industry Placement
6    A To enrol in this unit students must be Mandarin speakers and have the right to work in China.
P Completion of at least 48 credit points with a minimum credit average (60%)

Note: Department permission required for enrolment
Permission is required to enrol in this unit. Contact the Careers and Employability Office for details: business.placements@sydney.edu.au.
Intensive February
BUSS6514
Industry Self-Sourced Placement
6    A A sound understanding of business and strong written and oral communication skills
P Completion of at least 48 credit points.

Note: Department permission required for enrolment

Semester 1
Semester 2
BUSS6515
Leadership and Collaboration Study Tour
6    A A sound understanding of business and strong written and oral communication skills.
P Completion of at least 24 credit points with a minimum WAM of 50%.

Note: Department permission required for enrolment
For further information contact business.placements@sydney.edu.au
Intensive December
CLAW6030
China's Legal Environment for Business
6      Semester 1
CLAW6031
International Financial Crime
6      Semester 1
FINC6001
Intermediate Corporate Finance
6    P FINC5001
Semester 1
Semester 2
FINC6013
International Business Finance
6    P FINC5001
Semester 1
IBUS5003
Global Business
6    N IBUS5001
Intensive January
Semester 1
Semester 2
INFS6012
Enterprise Systems Management
6      Semester 2
ITLS6501
Infrastructure Financing
6      Intensive July
QBUS6310
Business Operations Analysis
6    P ECMT5001 or QBUS5001 or QBUS5002
N ECMT6008
Semester 2
QBUS6860
Visual Data Analytics
6    A The unit assumes knowledge of statistics and confidence in working with data.
P QBUS5001 or QBUS5002
Semester 1
Semester 2
WORK5003
Management and Organisations
6      Semester 1
Semester 2
WORK6030
Performance and Rewards
6      Semester 2b

Graduate Diploma in Professional Accounting

Students must complete 48 credit points in units of study comprising:
(i) 30 credit points in core units in study, which includes:
(a) 18 credit points in foundation units of study
(b) 12 credit points in advanced units of study
(ii) 18 credit points in elective units of study

Units of study for the course

Core units of study
(a) Foundation
ACCT5001 must be completed in the first semester of study
ACCT5001
Accounting Principles
6      Semester 1
Semester 2
CLAW5001
Legal Environment of Business
6      Semester 1
Semester 2
FINC5001
Capital Markets and Corporate Finance
6      Intensive January
Semester 1
Semester 2
(b) Advanced
ACCT5002
Managerial Accounting and Decision Making
6    P ACCT5001
Semester 1
Semester 2
ACCT6001
Intermediate Financial Reporting
6    P ACCT5001

Note: Department permission required for enrolment in the following sessions:Intensive January
Departmental Permission required for enrolment in the Intensive January session.
Intensive January
Semester 1
Semester 2
Elective units of study
ACCT6007
Contemporary Issues in Auditing
6    P ACCT6001
Semester 1
Semester 2
ACCT6010
Advanced Financial Reporting
6    P ACCT6001

Note: Department permission required for enrolment in the following sessions:Intensive January
Departmental Permission required for enrolment in the Intensive January session.
Intensive January
Semester 1
Semester 2
BUSS5001
Firms, Markets and Business Management
6    N ECON5001 or ECON5002 or ECON5003 or ECOF5010
Semester 1
Semester 2
BUSS5080
Succeeding in the Accounting Profession
6   

This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2
CLAW6002
Corporate Structures in Practice
6    P CLAW5001
Semester 1
Semester 2
CLAW6026
Taxation Law and Practice
6    P CLAW5001
N CLAW5002
Semester 1
Semester 2
INFS5000
Accounting Information Systems
6   

This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2
QBUS5002
Quantitative Methods for Accounting
6    A Students should be capable of reading data in tabulated form, working with Microsoft EXCEL, and doing High School level of mathematics
N ECMT5001 or QBUS5001


This unit of study is only offered in the Professional Accounting programs.
Semester 1
Semester 2