Undergraduate courses and subjects 2000 - Bachelor of Accounting

Bachelor of Accounting - BAcc

General information
Course structure
Electives
Progression to Bachelor of Accounting (Honours)

General information

Course code: 0169
The Bachelor of Accounting degree has been designed to give students a structured education in the disciplines of accounting and finance. The degree has been introduced at the request of the professional accounting bodies in Australia, and with the support of the Department of Education, Training and Youth Affairs. The course provides for accelerated learning, integral components of which are the periods of structured industry-based learning. Students selected to undertake the degree will be awarded a scholarship of $4400 (or the equivalent in paid work experience) per annum for each of the three years of the pass degree. The scholarships are provided by industry sponsors of the degree, who also play an important role in the industry-based learning sections of the course. During industry-based learning, students work in commercial settings and also complete specified projects determined jointly by academics and sponsors. Over the length of the course, students spend time with a range of business organisations which have agreed to participate in the course. Admission to this course is limited to school leavers who are citizens or permanent residents of Australia. A quota of 50 full-time places applies.
Graduates will have maximum exemptions towards membership of the Australian Society of Certified Practising Accountants and The Institute of Chartered Accountants in Australia. Provided that the appropriate electives are chosen, graduates will also have maximum exemptions for senior associate status of the Australian Institute of Banking and Finance.

Course structure

Refer to chart 1 in the section 'Charts of degree structures'.

First year

Semester 1

· AFC1021/AFC1022 Accounting principles
· ECC1000 Economics
· ETC1020 Business and economic statistics
· BTC1110 Business law

Semester 2

· AFC1031/AFC1032 Introductory financial accounting
· ECC1010 Economics
· ETC1031 Business and economic statistics
· AFC1140 Business finance

Summer Semester

· Twelve-week period of industry-based learning

Second year

Semester 1

· AFC2120 Financial accounting
· AFC2130 Management accounting
· Elective
· Elective

Semester 2

· Fourteen-week period of industry-based learning

Summer semester

· Twelve-week period of industry-based learning

Third year

Semester 1

· AFC3120 Advanced financial accounting
· AFC3140 Advanced business finance (or an elective if AFC3130 is chosen in second semester)
· BTC3150 Income tax law
· Elective

Semester 2

· BTC2210 Australian company law
· AFC3160 Auditing and systems
· AFC3130 Advanced management accounting (or an elective subject if AFC3140 was chosen in second year, first semester)
· Elective

The sponsoring organisations are responsible for students during the 10 months of industry-based learning. During this time, it is intended that sponsors will provide students with an integrated educational experience which illustrates and enhances their academic work.

Electives

Electives can be taken from other subjects offered by the Department of Accounting and Finance, or from the disciplines of economics, econometrics, and management or from other areas with the approval of the course coordinator.

Progression to Bachelor of Accounting (Honours)

Students interested in undertaking the Bachelor of Accounting (Honours) should consult the head of the Department of Accounting and Finance or the course director.
For specific information on the structure and requirements of the honours specialisation, see the section 'Honours degrees' later in this chapter.