General
The Master of Professional Accounting (MPAcc) is a full-fee paying course designed for those without tertiary qualifications in accounting. The MPAcc enables graduates, who have completed degrees in disciplines other than accounting, to become academically qualified to enter the professional year program of the Institute of Chartered Accountants in Australia and the Associate and CPA programs of the Australian Society of Certified Practising Accountants.
Course objectives
On completion of the course students should:
* have developed a core of knowledge in the area of accounting and finance;
* have completed a conversion course which enables them to satisfy membership requirements of the Australian Society of Certified Practising Accountants and the Institute of Chartered Accountants in Australia;
* have developed critical, analytical and technical skills to assist them in their future career;
* to be able to communicate effectively both orally and in writing;
* have developed specialist skills in accounting and finance.
Entrance requirements
Applicants for the degree must have graduated with a degree from an Australian university or college of advanced education or from an equivalent overseas tertiary institution. To complete the course candidates will be required to undertake sixteen subjects over two years of full-time study or the part-time equivalent.
Structure
The structure and content of the course is consistent with the educational requirements of both professional accounting bodies. The course content requirements imposed by the professional accounting bodies determines over 80 per cent of the subject content of the degree and accordingly restricts the number of subject options available to students.
Credit for work previously undertaken
Where a student has completed some equivalent accounting subjects in previous studies exemptions, up to a maximum of eight, may be approved by the Department of Accounting and Finance. Any subject for which exemption is sought must have been completed within the past five years.
Core subjects
* AAF4300 Introductory accounting
* AAF4310 Computing and information systems
* ECM4320 Principles of quantitative analysis
* AAF4330 Corporate finance
* AAF4340 Accounting for company groups
* AAF4350 Accounting for planning and control
* ECO4630 Principles of economics
* AAF5200 Auditing and accountability
* AAF5210 Company law
* AAF5220 Business law
* AAF5230 Issues in financial reporting
* AAF5240 Income tax law
* AAF5260 Advanced management accounting or
* AAF5270 Advanced corporate finance
Optional subjects
Three graduate subjects offered by the Department of Accounting and Finance or the Graduate School of Management such as AAF5260 (Advanced management accounting), AAF5270 (Advanced corporate finance), AAF5150 (Financial markets and instruments), and MBA6140 (International finance) may be taken subject to the approval of the head of the department.