- 2019

Undergraduate

Minor / Major

Commencement year

This area of study entry applies to students commencing this course in 2019 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 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

Contact details

Monash Business SchoolMonash Business School (http://business.monash.edu/contact-us)

Location

Caulfield Clayton

Knowledge and understanding of accounting is an essential requirement for successful management. The wide range of units offered by the Department of Accounting caters for aspirants seeking success in the accounting profession and also others, majoring in related disciplines, seeking to be competent users of accounting reports.

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.

Refer to the Monash Business School professional recognitionprofessional recognition (http://www.monash.edu/business/future-students/undergraduate-study-options/after-you-graduate/professional-recognition) page for more information about professional recognition.

Availability

Accounting is offered in the Bachelor of Commerce at Clayton and in the Bachelor of Business at Caulfield as a major or minor.

Outcomes

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.

Units

Major requirements (48 points)

Note: Students studying the Bachelor of Business complete ACF, BFF and BTF-coded units; students studying the Bachelor of Commerce complete ACC, BFC and BTC-coded units; students undertake ACX, BEX and BTX-coded units at their home campus.

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:

  1. The following six units (36 points):
  2. Two units (12 points) from the following, with at least one unit (6 points) at level 3:

    *ACF3100/ACC3100 Advanced financial accounting and ACF3200/ACC3200 Management accounting replace Part A, section b of B2000 Bachelor of Business and Part A, section c of B2001 Bachelor of Commerce when completing this major.

    **Students in the Bachelor of Commerce can choose to complete this unit but travel to Caulfield campus will be required and there may be timetabling implications.

Minor requirements (24 points)

Note: Students studying the Bachelor of Business complete ACF, BFF and BTF-coded units; students studying the Bachelor of Commerce complete ACC, BFC and BTC-coded units; ACX, BEX and BTX-coded units must be taken at their home campus.

Students complete:

  1. The following two units (12 points):
  2. Two units (12 points) from the following:

Relevant courses

Bachelors

Single degrees

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

  • B2000 Bachelor of Business
  • B2001 Bachelor of Commerce

Students in this course can complete the minor using 24 points of their free electives.*

Students in other single bachelor's degrees may be eligible to complete the minor or major by using 24 or 48 points of their free electives.

* Students cannot complete both the minor and major in the same area of study.

Double degrees

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

Business:

  • B2017 Bachelor of Business and Bachelor of Information Technology
  • B2019 Bachelor of Business and Bachelor of Arts
  • B2028 Bachelor of Business and Bachelor of Media Communication
  • B2035 Bachelor of Business and Bachelor of Banking and Finance
  • B2037 Bachelor of Business and Bachelor of Marketing
  • B2041 Bachelor of Business and Bachelor of International Business
  • D3007 Bachelor of Education (Honours) and Bachelor of Business
  • F2007 Bachelor of Fine Art and Bachelor of Business

Commerce:

  • B2006 Bachelor of Commerce and Bachelor of Global Studies
  • B2008 Bachelor of Commerce and Bachelor of Computer Science
  • B2020 Bachelor of Commerce and Bachelor of Arts
  • B2021 Bachelor of Commerce and Bachelor of Biomedical Science
  • B2022 Bachelor of Commerce and Bachelor of Music
  • B2023 Bachelor of Commerce and Bachelor of Science
  • B2025 Bachelor of Commerce and Bachelor of Information Technology
  • B2030 Bachelor of Commerce and Bachelor of Actuarial Science
  • B2032 Bachelor of Commerce and Bachelor of Economics
  • B2043 Bachelor of Commerce and Bachelor of Finance
  • E3005 Bachelor of Engineering (Honours) and Bachelor of Commerce
  • L3005 Bachelor of Laws (Honours) and Bachelor of Commerce