Master of Applied Commerce (Accounting)

Course 307AA (2010)

Note: This is an archived Handbook entry from 2010.

Year and Campus:	2010 - Parkville
Fees Information:	Subject EFTSL, Level, Discipline & Census Date
Level:	Graduate/Postgraduate
Duration & Credit Points:	150 credit points taken over 18 months full time. This course is available as full or part time.

Coordinator

Professor Bill Harley

Contact

Graduate School of Business and Economics Student Centre
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670
Online Enquiries: http://www.gsbe.unimelb.edu.au/future/unity_forms/contact.html
Web: www.melbournegsm.unimelb.edu.au

Course Overview:	The overall aim of the Masters of Applied Commerce (Accounting) is to provide non-accounting professionals with advanced competencies, professional skills and knowledge in the accounting discipline in order to prepare them for entry into the accounting profession. The degree also aims to develop students understanding of, and professional skills in, knowledge bases and techniques in related disciplines including economics, management, auditing and information systems.
Objectives:	On successful completion of this course, students should be able to: Demonstrate competencies, professional skills and knowledge in relation to contemporary accounting issues and practices; Identify and demonstrate professional skills in knowledge bases and techniques in the related disciplines of economics, management, auditing and information systems; Critically analyse and think strategically in relation to accounting and business analysis issues and problems; Apply appropriate professional and analytical skills to address specific accounting and business issues; and Identify and critically evaluate professional accounting and business issues emerging from strategic developments in practice and accounting regulation.
Course Structure & Available Subjects:	The Master of Applied Commerce (Accounting) 12 Subject Program consists of twelve semester-length subjects comprising five core business foundation subjects and seven core accounting subjects.
Subject Options:	Five core subjects: Subject Study Period Commencement: Credit Points: ACCT90004 Accounting for Decision Making Summer Term, Semester 1, Semester 2 12.50 BISY90008 Information Processes & Control Semester 1, Semester 2 12.50 ECON90015 Managerial Economics Semester 1, Semester 2 12.50 ECOM90009 Quantitative Methods for Business Semester 1, Semester 2 12.50 333-641 Financial Management Not offered in 2010 Seven accounting subjects: Subject Study Period Commencement: Credit Points: ACCT90009 Strategic Cost Management Semester 1, Semester 2 12.50 ACCT90010 Strategic Performance Management Semester 1, Semester 2 12.50 ACCT90012 Corporate Reporting Semester 1, Semester 2 12.50 ACCT90013 Financial Accounting Semester 1, Semester 2 12.50 ACCT90014 Auditing and Assurance Services Semester 1, Semester 2 12.50 ACCT90015 Legal Issues for Accountants Semester 1, Semester 2 12.50 ACCT90016 Taxation for Business Decision Making Semester 1, Semester 2 12.50 Sequence of Study - 12 Subject Program Year 1 - Semester 1 Subject Study Period Commencement: Credit Points: ACCT90004 Accounting for Decision Making Summer Term, Semester 1, Semester 2 12.50 ACCT90015 Legal Issues for Accountants Semester 1, Semester 2 12.50 ECON90015 Managerial Economics Semester 1, Semester 2 12.50 ECOM90009 Quantitative Methods for Business Semester 1, Semester 2 12.50 Year 1 - Semester 2 Subject Study Period Commencement: Credit Points: BISY90008 Information Processes & Control Semester 1, Semester 2 12.50 ACCT90009 Strategic Cost Management Semester 1, Semester 2 12.50 ACCT90012 Corporate Reporting Semester 1, Semester 2 12.50 333-641 Financial Management Not offered in 2010 Year 2 - Semester 1 Subject Study Period Commencement: Credit Points: ACCT90010 Strategic Performance Management Semester 1, Semester 2 12.50 ACCT90013 Financial Accounting Semester 1, Semester 2 12.50 ACCT90014 Auditing and Assurance Services Semester 1, Semester 2 12.50 ACCT90016 Taxation for Business Decision Making Semester 1, Semester 2 12.50
Entry Requirements:	An undergraduate degree in any discipline, or equivalent, plus at least one year of documented work and/or professional experience. Completion of the Graduate Management Admissions Test (GMAT) Personal Statement
Core Participation Requirements:	For the purpose of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this course are articulated in the Course Description, Course Objectives and Generic Skills of this entry. The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/
Graduate Attributes:	On successful completion of this course, students should be able to demonstrate the following attributes and skills: Oral communication, including presentation preparation and delivery skills; Synthesis of information; Problem identification and analysis; Critical thinking; Problem solving skills collaboratively in teams; Accessing information and evidence from a range of sources; and Articulate responses in written form.
Notes:	*Please note: The Master of Applied Commerce (Accounting) is no longer available for entry.* Assessment Students must pass all twelve subjects to qualify for the Master of Applied Commerce (Accounting)12 Subject Program. Professional Accreditation Successful completion of this Masters degree provides students with training in all key areas of accounting and prepares them to apply for entry to the Institute of Chartered Accountants of Australia (ICAA) or Certified Practising Accountant (CPA) professional studies program. Students who only wish to meet the Institute of Chartered Accountants of Australia (ICAA) requirements, can elect to complete the following course of study, and exit with a Graduate Diploma in Professional Accounting. The Graduate Diploma in Professional Accounting consists of eight semester-length subjects comprising two core business foundation subjects and six core accounting subjects. Two core subjects: 306-660 Accounting for Decision Making 333-641 Business Finance I Six accounting subjects 306-670 Strategic Cost Management 306-683 Corporate Reporting 306-684 Financial Accounting 306-685 Auditing and Assurance Services 306-686 Legal Issues for Accounting 306-687 Taxation for Business Decision Making Students must pass all eight core subjects to qualify for the Graduate Diploma in Professional Accounting. Graduate Diploma in Applied Commerce Students enrolled in any of Master of Applied Commerce programs who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Diploma in Applied Commerce. Students must have successfully completed four core subjects and four elective subjects, and be in good standing to be eligible to be awarded the Graduate Diploma in Applied Commerce. Graduate Certificate in Applied Commerce Students enrolled in any of Master of Applied Commerce programs who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Certificate in Applied Commerce. Students must have successfully completed three core subjects and one elective subject, and be in good standing to be eligible to be awarded the Graduate Certificate in Applied Commerce. Students who are enrolled in the 16 subject streams of any of the Master of Applied Commerce programs must have successfully completed the two fundamentals subjects, in addition to the above requirements, in order to be eligible for the award of the Graduate Diploma or Graduate Certificate.

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