Accounting Major (Undergraduate)
An accounting qualification provides capability and credibility across a broad spectrum of careers. It opens the door to many other markets and professions where the ability to understand and interpret financial information is the key capability.
This major is one of the compulsory major options for the Bachelor of Commerce (including combined Bachelor of Commerce degrees) and a Major I option for the Bachelor of Commerce (Liberal Studies).
Requirements for the major
Note. The following information is for students who commenced study in their degree from 2011. Students who commenced prior to 2011 should refer to the information below listed under "Pre-2011 continuing students".
For the award of a major in Accounting, students complete:
(i) three junior prerequisite units of study (18 credit points), as follows:
- BUSS1030 Accounting, Business and Society # (or ACCT1005 Accounting, Business and Society*)
- ACCT1006 Accounting and Financial Management
- BUSS1020 Quantitative Business Analysis# (or ECMT1010 Business and Economic Statistics A)
# These units are completed as junior core units for the Bachelor of Commerce. From 2012, students enrolled in the Bachelor of Commerce (and related combined degrees) must complete the core unit BUSS1020 not ECMT1010.
* No longer offered.
(ii) two compulsory senior units of study (12 credit points), as follows:
(iii) a minimum of 24 credit points in elective senior units of study (minimum of four units) selected from the following:
- ACCT3011 Financial Accounting B
- ACCT3012 Management Accounting B
- ACCT3013 Financial Statement Analysis
- ACCT3014 Auditing and Assurance
- ACCT3031 International Corporate Governance
- ACCT3032 Current Issues in Management Accounting
- ACCT3098 Accounting Honours Preparation A (three credit points) *
- ACCT3099 Accounting Honours Preparation B (three credit points) *
- CLAW2201 Corporations Law.
* Not offered for 2014.
The units ACCT3098 and ACCT3099 are worth three credit points each. If students wish to include these units as part of their major, they would need to complete at least five elective units of study to meet elective requirements. CLAW2201 requires the completion of additional prerequisites outside the junior units listed for this major.
Note: Senior units of study can only be counted towards one major. Senior units cannot be "double counted" towards two majors. For example, CLAW2201 cannot be counted towards both a major in Accounting and a major in Commercial Law.
The following information is for Pre-2011 continuing students only
Requirements for the Accounting major for students who commenced study in their degree prior to 2011
Pre-2011 continuing students can choose to follow the requirements for a major as set out above or can follow the requirements for their major as set out in the following downloadable PDFs. Students should also refer to the handbook of the year they commenced study for exact details of their degree and major requirements.
- Requirements for an Accounting major and extended major for students who commenced study in their degree in 2006, 2007, 2008, 2009 or 2010
- Requirements for an Accounting major and double major for students who commenced study in their degree before 2006 .
Completion of an accredited degree is a recognised pathway to a career in professional accounting. The Bachelor of Commerce has been accredited by CPA Australia and the Institute of Chartered Accountants in Australia (ICAA) and is currently undergoing its five year re-accreditation review at the end of 2012.
For details of the required units of study, please check the information listed under the Professional accreditation in accounting listing on this website.
An Accounting major is an available option in the following degrees offered by the Business School:
- Bachelor of Commerce
- Bachelor of Commerce and Bachelor of Arts
- Bachelor of Commerce and Bachelor of Laws
- Bachelor of Commerce and Doctor of Medicine
- Bachelor of Commerce and Bachelor of Science
- Bachelor of Commerce (Liberal Studies)
Pre-2014 continuing students enrolled in these former Business School and Faculty of Economics and Business degrees can also complete a major or electives in Accounting: Bachelor of Commerce / Bachelor of Medicine and Bachelor of Surgery, Bachelor of Economics, Bachelor of Economics and Bachelor of Medicine and Bachelor of Surgery; and Bachelor of Economics and Bachelor of Laws (electives only).
Students in the following combined Bachelor of Commerce degrees administered by the Faculty of Engineering and Information Technologies have the option of completing a major in Accounting:
- Bachelor of Engineering and Bachelor of Commerce
- Bachelor of Information Technology and Bachelor of Commerce.
Accounting electives or a major may also be available to students enrolled in other degrees in the University. Students should check their faculty's handbook for further details.