On completion of a major sequence in accounting and finance in the Bachelor of Accounting, Bachelor of Commerce or Bachelor of Economics, students should have acquired technical skills and knowledge of the concepts underlying accounting, including: financial accounting, management accounting and auditing; finance; and commercial law, including business law, company law and income tax law. They should have developed critical and analytical skills to assist them in solving accounting and finance related problems which may arise in their future professional careers. They also should have had the opportunity to develop the skills, knowledge and motivation necessary for further professional or postgraduate studies. Provided the appropriate subjects have been chosen, students should be able to satisfy the membership requirements of the Australian Society of Certified Practising Accountants, The Institute of Chartered Accountants in Australia, the Australian Institute of Banking and Finance and the Institute of Corporate Managers, Secretaries and Administrators.
The Department of Accounting and Finance offers one first-year subject sequence, seven second-year subjects, ten third-year subjects and a fourth-year honours program. In addition, it offers the first year subjects AAF1110 and AAF1140 for Bachelor of Accounting students only.
Students may select one or more of the following subjects. Where prerequisites exist, they are specified in the outline of the subject concerned. Prospective honours students in accounting and finance should include at least four subjects except for students enrolled for BCom/LLB and BEc/LLB who should consult the head of the department.
Students may select one or more of the following subjects. Where prerequisites exist, they are specified in the outline of the subject concerned. Prospective honours students in accounting and finance should include at least four subjects except for students enrolled for BCom/LLB and BEc/LLB who should consult the head of the department.
Students who wish to obtain professional accounting qualifications should include the following subjects in their degree:
BCom/LLB and BEc/LLB students will normally take the law subjects LAW2100, LAW5106, and LAW5213 instead of AAF2110, AAF3110 and AAF3150 to obtain professional accreditation.
Students who wish to obtain maximum exemptions for senior associate membership of the Australian Institute of Banking and Finance should note that the institute now recognises several specialisations. Students should select their specialisation according to their interests, abilities and career prospects.
The educational requirements of two specialisations are:
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