0169 - Bachelor of Accounting

The Bachelor of Accounting is a specialist degree, based on a co-operative education scheme with scholarships sponsored by industry. The outstanding feature of the course is three periods of structured industry-based learning. Students selected to undertake the degree are awarded a scholarship of $8000 (or the equivalent in paid work experience) per annum for each of the three years of the course. The scholarships are provided by industry sponsors, who play an important role in the industry-based learning periods. During the industry-based learning periods, students will work in corporate settings and complete specified projects determined jointly by academics and sponsors.

The learning goals of the course are to:

• experience an academic program integrated with industry-based learning periods that reinforces theoretical concepts in a practical work environment
• develop interpersonal skills and group problem-solving techniques in a practical work environment
• develop effective communication skills through the preparation of projects and industry-based learning reports
• develop personal attributes and skills at the workplace that are consistent with sponsor expectations
• develop a capacity for independent critical analysis and a desire for future learning through examination of the latest ideas and research in accounting from Australia and overseas.

The course structure has three main components:

• a set of 15 units which provide an introduction to the key areas of commerce and satisfy the educational requirements of the three professional accounting bodies in Australia
• three industry-based learning units
• five open electives which if taken in the finance field can form a finance major.

(a.) Students must complete 15 compulsory units (90 points):

• AFC1000 Principles of accounting and finance
• AFC1030 Introduction to financial accounting
• AFC2120 Financial accounting
• AFC2131 Cost information for decision making
• AFC2140 Corporate finance
• AFC3120 Advanced financial accounting
• AFC3131 Performance measurement and control
• AFC3160 Auditing and assurance
• BTC1110 Business law
• BTC2210 Australian company law
• BTC3150 Taxation law
• ECC1000 Principles of microeconomics
• ECC1100 Principles of macroeconomics
• ETC1000 Business and economic statistics
• MGC1010 Introduction to management

(b.) Students must complete three industry-based learning units (24 points):

• AFC2050 Industry-based learning component 1
• AFC2051 Industry-based learning component 2
• AFC3051 Industry-based learning component 3

(c.) Students must complete a further five electives (30 points) subject to the following condition:

• may be taken from disciplines offered by another faculty
• may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

• a maximum of 10 first-year level units (60 points)
• a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty in the Bachelor of Commerce at the Clayton campus
• in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

This degree with relevant units is recognised by the following legal entities:

• Australian Securities and Investments Commission
• Financial Services Institute of Australasia
• CPA Australia
• The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Bachelor of Accounting