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Master of Professional Accounting - 12 unit program (MPAcc)

Course CodeMAPROACC1000
Course TypePostgraduate
Credit Points Required 72
CRICOS code058362F


The 12 unit Master of Professional Accounting is only available for continuing students. The 16 unit Master of Professional Accounting program is available to students commencing study from Semester 2, 2013 (July).

The Master of Professional Accounting (12 unit program) is a 1.5-year program of full-time study (or three years part-time) designed to enable graduates with a recognised bachelor's qualification, graduate certificate or graduate diploma in any field, and at a standard acceptable to the University of Sydney Business School, the opportunity to develop the knowledge and skills required for Associate Membership of professional accountancy bodies and as a foundation for a successful and rewarding career in professional accountancy.

Minimum duration of degree

1.5 years3 years

Degree structure

To be awarded the Master of Professional Accounting, students will successfully complete a total of 12 units of study (72 credit points), consisting of the following:

  • eight compulsory units of study (48 credit points)
  • four elective units of study (24 credit points) from postgraduate units of study offered by the Business School* 

* Note. Students who upon graduation wish to apply for Associate  Membership of CPA Australia or CAANZ must complete in additional to the eight  core units of study, certain other units of study as  elective in the Master of Professional  Accounting. Please refer to the information under the heading 'Accreditation  requirements' below for details of these required units of study. 

Core units of study

Elective units of study

* Not offered for 2013 enrolments.

^ High-performing students who have completed at least 48 credit points  of study in the program may be eligible to replace an elective with BUSS6500 Industry Placement, if selected  for work placement on competitive merit.
Note: Students who commenced prior to 2013 are able to complete additional  elective units of study to those listed above please refer to the handbook of  the year you commenced study for further details (See Handbooks archives).

Accreditation requirements

The Master of Professional Accounting (12 unit program) is accredited with both CPA  Australia and the Chartered Accountants Australia and New Zealand (CAANZ).

2013 Requirements for accreditation

The Masters of Commerce and Masters of Professional Accounting programs are undergoing a five year re-accreditation review by the two major professional accounting at the end of 2012. Subject to a  successful re-accreditation review, students must complete the following units of study to meet the core knowledge areas required by the two professional accounting bodies:

Required knowledge area Subject code Subject's name

Accounting information systems


Accounting Information Systems

Accounting systems and processes


Accounting Principles

Accounting theory


Intermediate Financial Reporting

Audit and assurance


Contemporary Issues in Auditing

Commercial law CLAW5001 Legal Environment of Business
Corporations law CLAW6002 Corporate Structures in Practice
Economics BUSS5001 Firms, Markets and Business Management (new unit for 2013)
Finance FINC5001 Capital Markets and Corporate Finance
Financial accounting ACCT6001 AND
Intermediate Financial Accounting AND
Advanced Financial Reporting
Management accounting ACCT5002
Management Accounting and Decision Making
Quantitative methods QBUS5002 Quantitative Methods for Accounting (new unit for 2013)
Taxation CLAW6026 Taxation Law and Practice

Requirements for accreditation for students who commenced study prior to 2013

Students who commenced study prior to 2013 should follow the accreditation requirements for the year they commenced their study. Pre-2013 students should refer to the accreditation requirements in the handbook of the year they commenced study and the website the professional accounting body (see ???Further information??? below) for exact unit requirements.

Further information

For further information regarding accreditation with these professional accounting bodies, please refer to the accredited course information on their respective websites:

Progression guides

  1. Generic degree progression example

Year / Semester Unit of study 1 Unit of study 2 Unit of study 3 Unit of study 4 Total credit points
Year 1
Semester 1
ACCT5001 CLAW5001 FINC5001 elective 24

Year 1
Semester 2

ACCT5002 ACCT6001 CLAW6002 elective 24
Year 2
Semester 1

ACCT6007 ACCT6010 elective elective 24

The following tables illustrate program of study examples for accounting accreditation requirements in the Master of Professional Accounting degree.

Please Note: The information listed in these program of study examples are meant as a guide only. Students should always check the requirements for individual units of study(see information at the bottom of this webpage. Students are advised to plan their degree based upon their individual needs and to contact Staff and Student Servicesif they need any assistance in planning their progression in their degree.

  1.   Accounting accreditation requirements

The following program of study illustrates the progression of a full-time student completing four units of study per semester to meet professional accounting accreditation requirements in the Master of Professional Accounting.

In this table the term 'Accreditation elective' refers to the units of study BUSS5001, QBUS5002, INFS5000, ACCT6014 or any of the other approved substitute units (Note: not all these unit will be available for both semesters)

Year / Semester Unit of study 1 Unit of study 2 Unit of study 3 Unit of study 4 Total credit points
Year 1
Semester 1
ACCT5001 CLAW5001 FINC5001 Accreditation elective* 24
Year 1
Semester 2
ACCT5002 ACCT6001 CLAW6002 Accreditation elective* 24
Year 2
Semester 1
ACCT6007 ACCT6010 CLAW6026 Accreditation elective* 24

* Note: Students must complete all these units of study. Most of these units are offered for both Semester 1 and Semester 2 enrolments and have no prerequisite requirements. Therefore they can be completed in any order.

Please Note: This program of study example is meant to be a guide only. Students may be able to undertake the required units of study for this degree in a different sequence to that listed above. Students should also note that this example has been developed using 2012 offerings of units of study and there is no guarantee that the units listed above will be offered in the same semesters in the years after 2012. Units of study listed above may also be available in Summer or Winter School sessions.

Entry requirements

For entry into this degree, students must have completed a bachelor's degree, graduate diploma/certificate or equivalent from a recognised tertiary institution with a minimum credit (65 per cent) average.

For details of the English language requirements for entry into this course, please refer to the webpage titled English Language Requirements for International Students under the Admissions information on the University's website.