wwwdev@monash.edu.au
Wed Dec 2 13:01:52 EST 1998
Auth: C Whip, University Webmaster's Office
Copyright © Monash University 1998 - All Rights Reserved - Caution
On completion of a major sequence in accounting and finance in the Bachelor of Accounting, Bachelor of Commerce or Bachelor of Economics, students should have acquired technical skills and knowledge of the concepts underlying accounting, including: financial accounting, management accounting and auditing; finance; and commercial law, including business law, company law and income tax law. They should have developed critical and analytical skills to assist them in solving accounting and finance related problems which may arise in their future professional careers. They also should have had the opportunity to develop the skills, knowledge and motivation necessary for further professional or postgraduate studies. Provided the appropriate subjects have been chosen, students should be able to satisfy the membership requirements of the Australian Society of Certified Practising Accountants, The Institute of Chartered Accountants in Australia, the Australian Institute of Banking and Finance and the Institute of Corporate Managers, Secretaries and Administrators.
There is a quota on these subjects for students enrolled for degrees in other faculties. Students will be allocated to one of two sequences, either AFC1021 or AFC1022, depending on their prior knowledge of accounting. Although the subject content for both sequences is identical, the method and approach may vary significantly. All students will sit for a common final examination.
Students may select one or more of the following subjects. Where prerequisites exist, they are specified in the outline of the subject concerned. Prospective honours students in accounting and finance should include at least four subjects except for students enrolled for BCom/LLB and BEc/LLB who should consult the head of the department.
Students may select one or more of the following subjects. Where prerequisites exist, they are specified in the outline of the subject concerned. Prospective honours students in accounting and finance should include at least four subjects except for students enrolled for BCom/LLB and BEc/LLB who should consult the head of the department.
Students who wish to obtain professional accounting qualifications should include the following subjects in their degree:
These are the subjects required to
obtain maximum exemptions for admission to the Australian Society of Certified
Practising Accountants. The Institute of Chartered Accountants in Australia
requires the same subjects, except that neither of AFC3130 and AFC3140 is
required.
BCom/LLB and BEc/LLB students will normally take the law subjects LAW2100,
LAW5106, and LAW5213 instead of BTC2110, BTC3110 and BTC3150 to obtain
professional accreditation.
Students
who wish to obtain maximum exemptions for senior associate membership of the
Australian Institute of Banking and Finance should note that the institute now
recognises several specialisations. Students should select their specialisation
according to their interests, abilities and career prospects.
The educational requirements of two specialisations are:
However, although not strictly required for membership, students seeking professional accreditation through the corporate finance specialisation would be well-advised to include also AFC3170 (Management of financial intermediaries) in their degree.
Note that AFF3841 is taught on the Caulfield campus and can be counted towards the degree.
wwwdev@monash.edu.au
Wed Dec 2 13:01:52 EST 1998