MPAcc

The accounting program draws on the strengths of the Faculty of Economics and Business to assist students in developing the knowledge and skills required for accreditation with professional accountancy bodies and as a foundation for a career in professional accountancy. The program offers specialized education in accounting, business law and finance, with electives in economics, econometrics, information systems and all areas of study taught in the Faculty of Economics and Business.

Please Note.

This information is for students who are currently undertaking (or seeking to undertake) the CPA Australia/ICAA accreditation program within the Master of Commerce and who will not complete their studies prior to Semester 1, 2007.

To download information on this course please click on the following link:Master of Professional Accounting

This degree is also available as part of a two-year combined degree program with the Master of Commerce. For details, please refer to the Master of Commerce and Master of Professional Accounting.

To be awarded the Master of Professional Accounting, students will successfully complete a total of 12 units of study (72 credit points), consisting of the following:

• eight (8) compulsory units of study (48 credit points) as listed in Table A
• four (4) elective units of study (24 credit points) from postgraduate units of study offered by the Faculty of Economics and Business – See Table B. Subject areas for elective units of study for details of where electives maybe chosen*

Table A. Compulsory units of study

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

Table B. Subject areas for elective units of study

* These subject areas are not available for 2009.

CPA Australia accreditation

Students who wish to apply for CPA Australia accreditation must complete in addition to the eight compulsory units, the following elective units of study as their four electives in the Master of Professional Accounting degree:

• CLAW6026 Concepts of Australian Taxation *
• ECMT5001 Principles of Econometrics
• ECON5003 Economics for Accountants**
• Either INFS5000 Business Information Systems OR INFS6001 BIS Management

Please Note:

1. * Students wishing to apply for CPA accreditation may choose to take the unit of study CLAW6026 Concepts of Australian Taxation as either an elective in their degree at University to meet CPA requirements or as part of the postgraduate CPA program once they have completed their degree.
2. ** This unit of study is only available to students enrolled in the Master of Professional Accounting.

ICAA accreditation

Students who wish to apply for ICAA accreditation must complete in addition to the eight compulsory units of study, the following elective unit of study as part of their four electives in the Master of Professional Accounting degree:

• CLAW6026 Concepts of Australian Taxation

Students should check the particular requirements for accreditation with CPA Australia or ICAA to ensure that they select the appropriate elective units of study. Students wishing to have accreditation with CPA or ICAA should refer to the information under the heading Accreditation requirements for details of the required elective units of study they will need to complete.

Degree progression examples

1. Generic degree progression example

Year / Semester	Unit of study 1	Unit of study 2	Unit of study 3	Unit of study 4	Total credit points
Year 1 Semester 1	Accounting Principles	Legal Environment of Business	Capital Markets and Corporate Finance;	elective	24
Year 1 Semester 2	Managerial Accounting and Decision Making	Intermediate Financial Reporting	Corporations Law	elective	24
Year 2 Semester 1	Contemporary Issues in Auditing	Advanced Financial Reporting	elective	elective	24

The following tables illustrate program of study examples for CPA Australia or ICAA accreditation requirements in the Master of Professional Accounting degree.

Please Note. The information listed in these program of study examples are meant as a guide only. Students should always check the requirements for individual units of study(see information at the bottom of this webpage. Students are advised to plan their degree based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree.

2. Master of Professional Accounting - CPA Accreditation Requirements

The following program of study illustrates the progression of a full-time student completing four units of study per semester to meet CPA accreditation requirements in the Master of Professional Accounting.

Year / Semester	Unit of study 1	Unit of study 2	Unit of study 3	Unit of study 4	Total credit points
Year 1 Semester 1	Accounting Principles	Legal Environment of Business	Capital Markets and Corporate Finance; OR Principles of Econometrics; OR Economics for Accountants; OR Business Information Systems or BIS Management *	Capital Markets and Corporate Finance; OR Principles of Econometrics; OR Economics for Accountants; OR Business Information Systems or BIS Management *	24
Year 1 Semester 2	Managerial Accounting and Decision Making	Intermediate Financial Reporting	Corporations Law	Capital Markets and Corporate Finance; OR Principles of Econometrics; OR Economics for Accountants; OR Business Information Systems or BIS Management *	24
Year 2 Semester 1	Contemporary Issues in Auditing	Advanced Financial Reporting	Concepts of Australian Taxation	Capital Markets and Corporate Finance; OR Principles of Econometrics; OR Economics for Accountants; OR Business Information Systems or BIS Management *	24

Please Note:

1. * Students must complete all these units of study. All of these units are offered for both Semester 1 and Semester 2 enrolments and have no prerequisite requirements. Therefore they can be completed in any order.
2. This program of study example is meant to be a guide only. Students may be able to undertake the required units of study for this degree in a different sequence to that listed above. Students should also note that this example has been developed using 2009 offerings of units of study and there is no guarantee that the units listed above will be offered in the same semesters in the years after 2009. Units of study listed above may also be available in Summer or Winter School sessions.
3. Master of Professional Accounting - ICAA Accreditation Requirements

The following program of study illustrates the progression of a full-time student completing four units of study per semester to meet ICAA accreditation requirements in the Master of Professional Accounting.

Year / Semester	Unit of study 1	Unit of study 2	Unit of study 3	Unit of study 4	Total credit points
Year 1 Semester 1	Accounting Principles	Legal Environment of Business	Capital Markets and Corporate Finance	elective	24
Year 1 Semester 2	Managerial Accounting and Decision Making	Intermediate Financial Reporting	Corporations Law	elective	24
Year 2 Semester 1	Contemporary Issues in Auditing	Advanced Financial Reporting	Concepts of Australian Taxation	elective	24

Please Note: This program of study example is meant to be a guide only. Students may be able to undertake the required units of study for this degree in a different sequence to that listed above. Students should also note that this example has been developed using 2009 offerings of units of study and there is no guarantee that the units listed above will be offered in the same semesters in the years after 2009. Units of study listed above may also be available in Summer or Winter School sessions.

For entry into this course, students must have either a completed bachelor's degree, graduate diploma/certificate from a recognised from a recognised tertiary institution with a minimum Credit (65 per cent) grade average.

For details of the English language requirements for entry into this course, please refer to the section headed English Language Requirements under the Admissions page on this website.

For details of course fees information please see the Postgraduate coursework fees page on this website.

Full-time: A typical full-time student would undertake three or four units of study per semester, completing the 12 units in between three and four semesters (1.5 to two years).

Part-time: Students undertake one or two units per semester,typically completing the program in three to six years.

For more detailed course information, requirements and resolutions for this course in 2009, students should refer to the Faculty of Economics and Business Handbook.This handbook will be available from late September 2008.

Students who commenced their course prior to 2009, should refer to the handbook of the year they commenced their course.

The following is a list of the compulsory units of study from the Faculty of Economics and Business which are available for enrolment this year.

For details of the available elective units, please refer to the subject areas for majors listed above under Table B.

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