The Professional Accounting program meets the requirements for professional accounting accreditation with the Chartered Accountants Australia and New Zealand and CPA Australia.
Professional Accounting is only available as a Table A program option in the Bachelor of Commerce, the Bachelor of Commerce and Bachelor of Advanced Studies and the combined Engineering and Commerce program.
The Professional Accounting program is not available to students enrolled in the combined Bachelor of Commerce and Bachelor of Laws degree. Students who wish to meet professional accreditation requirements for accounting in this degree should refer to the information listed in the Professional Accreditations section under the Commerce and Laws degree information in this handbook.
Please note. Students cannot complete the professional accounting program in combination with a major or minor in accounting.
The requirements for the Professional Accounting program can be found in the Unit of study table.
Note. Students who transfer into the Bachelor of Commerce or Bachelor of Commerce and Bachelor of Advanced Studies who have completed a prohibition for one of the specific accredited units of study, such as BUSS1020, will need to contact the relevant accrediting body to determine if the unit completed can be credited towards accreditation. Please refer to the Accreditation page for further details and links to professional accreditation bodies.
On successful completion of the Professional Accounting program students will be able to:
|Major learning outcome
|1. Use accounting systems and processes to produce business entity reports.
|2. Appropriately apply accounting and regulatory requirements to produce accounting reports and financial statements.
|3. Use budgets, costing and cost control, business planning, internal control, and performance management to inform management decision-making.
|4. Apply contemporary audit practice within regulatory requirements in order to validate published financial reports and to inform shareholders and stakeholders.
|5. Provide accurate technical tax advice to clients and produce the required written documentation.
|6. Analyse, interpret and integrate commercial, economic and business information to develop novel solutions and responses to business problems and challenges.
|7. Identify the risks and implications of misstatement, both financial and non-financial facing, in business evaluation.
|8. Communicate persuasively both orally and in written business reports and audit procedures.
|9. Collaborate effectively with diverse groups in a professional business manner as team members and leaders and in interactions with clients.
|10. Apply ethical decision-making criteria and sustainability considerations as part of management accounting expertise in a broad business context.