Accounting is concerned with the provision of information for the management of economic resources and activities by means of measurement, communication and interpretation of financial data, with the development of information systems; and with the financial accountability and management of business and public enterprises.

Accounting lies at the head of economic exchange, whether conducted in physical or electronic markets. It enables students to comprehend many of the fundamental principles, processes and outcomes of business, thereby equipping students for a wide range of careers in businesses (from chartered accounting, management consulting, provision of financial services to general management). Graduates are employed not only as accountants, but also as entrepreneurs, entertainment promoters, treasurers, chief financial officers, business risk managers etc.

Studying Accounting at UNSW

The study of Accounting at UNSW is primarily through the School of Accounting. The most basic and general study of Accounting is offered in a specialization in the Master of Commerce.

A more focused study of Accounting and related business areas is offered in the Master of Professional Accounting. This degree meets all the core curriculum requirements of CPA Australia, the Institute of Chartered Accountants in Australia, and the Institute of Public Accountants (formerly the National Institute of Accountants). See Professional Recognition of Programs for Postgraduate Students.

More advanced programs are offered. The Master of Accounting and Business Information Technology is designed for students who wish to understand the latest thinking and related tools in accounting and information technology for the design and management of business information systems. The Master of Financial Analysis is for students seeking to further their careers as finance and accounting professionals by upgrading and developing their high level analytical skills.

Both the Master of Commerce and the Master of Professional Accounting are offered in a standard version (18 months if no exemptions granted) and an extended version (24 months if no exemptions granted). The advanced programs build on a relevant undergraduate major and are 12 months in length.