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Students who commenced study in 2016 should refer to this area of study entry for direction on the requirments; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your area of study.

Monash University


Commencement year

This area of study entry applies to students commencing this course in 2016 and should be read in conjunction with the relevant course entry in the Handbook.

Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Managing faculty

Faculty of Business and Economics


Faculty of Business and Economics



Accountancy is the systematic recording, reporting, and analysis of financial transactions. It can be done on a large scale - for international corporations - or for individuals or for any sized business in-between. Accountancy allows a company to analyse its financial performance, and report important statistics such as profit and loss to managers and shareholders.

The major includes units that concentrate attention on the preparation and audit of financial reports for managers, owners and other interested parties. Validated and effective financial reports enable performance measurement and control of individuals, teams, corporations, non-government organisations, governments and other entities.

Please refer to the Faculty Professional recognition page on the website for information about specific units that may be required for professional recognition.


In addition to achieving the broad outcomes of their course, students successfully completing this major will be able to:

  • integrate and critically apply, theoretical and technical accounting knowledge and skills to solve routine accounting problems.


Major requirements (48 points)

No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.

Students complete:

(a.) The following six units (36 points):

  • ACW1100 Introduction to financial accounting
  • ACW2491 Financial accounting
  • ACW3491 Advanced financial accounting
  • ACW2391 Introduction to management accounting
  • ACW3431 Management accounting
  • BFW2140 Corporate finance 1

(b.) Two units (12 points) from the following, with at least one unit at level 3:

  • ACW2851 Accounting information systems and financial modelling
  • ACW3041 Auditing and assurance
  • ACX3250 Advanced management accounting
  • BEW3100 Work placement program
  • BTW2213 Malaysian company law
  • BTW3153 Malaysian income tax law

Relevant courses


Single degrees

Successful completion of the major can be counted towards meeting the requirements for the following single degree:

  • B2026 Bachelor of Business and Commerce

Students in other single bachelor's degrees may be eligible to complete the major using 48 points of their free electives.

Double degrees

Successful completion of the major can be counted towards meeting the requirements for the Bachelor of Business and Commerce component in the following double degree:

  • B2027 Bachelor of Business and Commerce and bachelor of Communication and Media Studies