Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting
OfferedCaulfield Second semester 2015 (Day)


This unit builds on the knowledge base acquired from earlier accounting units and is intended to provide students with an integrated understanding of the learning and experiences acquired in the course. Forming the capstone for the Master of Professional Accounting degree, students will consider managerial, public policy, ethical and sustainability implications of business decisions. Through a detailed case study, the unit draws together technical, analytical, problem solving and communication skills that assist in deriving solutions that not only consider internal and external forces, but are also in accordance with relevant accounting standards, laws and guidelines. As such, the unit also prepares students for a successful transition to the accounting profession.


The learning goals associated with this unit are to:

  1. integrate the theoretical and practical aspects of accounting, translate this knowledge into a practical problem-solving framework, and apply this to solve practical accounting problems
  2. demonstrate critical analysis and research skills by employing them to produce professional quality documents that address professional accounting issues
  3. demonstrate the capacity to work effectively in a team in a group project
  4. demonstrate effective oral and written communication skills in summative assessment tasks
  5. demonstrate the ability to solve problems involving public policy, ethical and sustainability issues.


Within semester assessment: 80%
Examination: 20%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)


Students must have passed ACF5955, ACF5956, ACF5957 & ACF5958.