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Plan Summary

 
Faculty: COMM - Faculty of Commerce & Econ
 
  
   
 
Program: 3525 - Commerce/Arts
 
 
Award(s):
 
 
Bachelor of Commerce (Major)
 
  

Plan Outline

This plan is for a single Major in Accounting.

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. By economic resources, we mean both tangible and intangible resources. Accounting information is increasingly used to manage intangible resources such as an organisations knowledge base, its supplier/customer relationships, its brands etc.

Accounting concepts lie 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). Students of Accounting end up not just as accountants but as entrepreneurs, entertainment promoters, treasurers, chief financial officers, etc.

The School of Accounting at UNSW is internationally renowned for its innovative and high-quality teaching at both undergraduate and graduate levels. Our teachers have won national teaching awards as well as Vice-Chancellor Teaching Awards. Classes involve students in an interactive and thought-provoking learning environment. We also increasingly use the Web as a learning tool and our courses are constantly revised to meet new challenges in a globalised and digitised world. We expose our students to E-business, encourage them to understand the links between business strategy and processes, offer advanced courses in assurance and business risk, and help them appreciate global influences on financial reporting and management.

Plan Structure

Students wishing to undertake a single Major in Accounting should select 48 units of credit from the following, of which no more than 12 units of credit may be Level 1 courses:

Required Courses

Options

Minor

A minor in Accounting is composed of 24 units of credit of accounting courses:
and a further 12 units of credit from undergraduate accounting courses.

Double Major

Please refer to the double major in Accounting for requirements

Honours

Honours level study is available in Accounting.

Upon completion of first or second years of a full-time program or the corresponding stages of a part-time program, a candidate may make a written application to the Head of School concerned for permission to enrol for an Honours degree. For the Honours degree, the student must complete a further 48 units of credit in an approved disciplinary area. When such permission is granted but a candidate's later performance is unsatisfactory, permission to continue as an Honours student may be withdrawn and the student may proceed to an appropriate Pass degree. A person who has graduated with a Pass degree of Bachelor of Commerce can not be admitted to candidature for the Honours degree of Bachelor of Commerce, except with special permission on the recommendation of the Head of the School.

Students who have obtained approval from the School of Accounting to undertake Honours substitute the following courses towards their Accounting major

ACCT3573 instead of ACCT3563
ACCT3858 instead of ACCT3583
ACCT3718 instead of ACCT3708


For further queries contact the Undergraduate Honours Coordinator for the School of Accounting

To obtain information regarding the Accounting Honours Program please refer to Accounting Honours for further information

Accounting Co-op Program

This Program is available as a single major or as a double major with Finance or Business Economics in the BCom degree only. Entry to the Program is at first year only, and through the scholarship selection procedures administered by the Co-op Program Office. For further queries contact the Co-op Program Office

Professional Recognition

CPA Australia
CPA Australia has accepted this University as an approved tertiary institution for the purpose of its membership qualifications. Associate membership of this association requires an accredited undergraduate degree with a major in accounting. Students who commence recognised programs after 1st January 2003 are no longer required to pass acceptable examinations in auditing, and Australian income taxation. However students must pass acceptable examinations in Australian business law or pass a coherent group or sequence of courses in one of the following disciplines:
  • Finance,
  • Management Accounting,
  • Information Technology, or
  • Other approved combination.
Students seeking professional recognition are advised to confirm membership requirements with CPA Australia: http://www.cpaonline.com.au

The Institute of Chartered Accountants in Australia (ICAA)
Graduates who have completed the Bachelor of Commerce degree program are eligible under the Institute’s new admission requirements to enter the ‘CA Program' leading to membership. The specific courses to be included have been reduced by the ICAA to the following 6 core areas.
  • Financial Acounting
  • Management Accounting
  • Finance
  • Auditing
  • Australian Commercial and Corporate Law
  • Australian Taxation Law
Students are advised to contact the ICAA in writing for current requirements: http://www.icaa.org.au

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.