Accounting - ACCTA13155
Stream Summary
Faculty: COMM - Australian School of Business
School: School of Accounting
Contact: Australian School of Business Student Centre
Program: 3155 - Actuarial Studies / Commerce
Award(s):
Bachelor of Commerce (Major)
View stream information for previous years
Stream Outline
Accounting is concerned with the provision of information for the management of economic resources by means of measurement, communication and interpretation of financial data; with the development of information systems; and with the financial accountability and governance of 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 heart 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 career (such as chartered accounting, management consulting, and provision of financial services to general management). Students of Accounting end up not just as accountants but also as entrepreneurs, entertainment promoters, treasurers, chief financial officers, etc.
Accounting concepts lie at the heart 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 career (such as chartered accounting, management consulting, and provision of financial services to general management). Students of Accounting end up not just as accountants but also as entrepreneurs, entertainment promoters, treasurers, chief financial officers, etc.
Stream Structure
- A major in Accounting consists of 48 UOC (8 courses). Five (5) of these courses are specified; the other three (3) are electives that are chosen from the Elective Courses list below. This is regardless of whether you are doing a single major or taking Accounting as a second major
- A minor in Accounting consists of 30 UOC (5 courses) containing at least 18 UOC at level 2 or 3. The minor does not form part of the nominated major.
Compulsory courses
Elective courses
Choose 3 courses from this list, with at least 2 of them being at Level 3 (i.e. ACCT3XXX)
- ACCT3583 Management Accounting 2 (6 UOC)
- ACCT3585 E-Business: Strategy & Process (6 UOC)
- ACCT3601 Global Financial Reporting & (6 UOC)
- ACCT3610 Business Analysis & Valuation (6 UOC)
- ACCT3708 Auditing & Assurance Services (6 UOC)
- FINS3626 Int'l Corporate Governance (6 UOC)
- TABL2741 Business Entities (6 UOC)
Please note: Students majoring in both Accounting and Finance may count FINS3626 towards the Accounting AND the Finance Major.
Note: Students planning on studying Honours in Accounting must complete the following courses:
Note: Students planning on studying Honours in Accounting must complete the following courses:
- ACCT 3573 Issues in Financial Reporting & Analysis (Honours) (6 UOC) in place of ACCT3563 Issues in Financial Reporting & Analysis (6 UOC)
- ACCT3593 Managment Accounting 2 (Honours) (6 UOC) in place of ACCT3583 Management Accounting 2 (6 UOC)
- ACCT3718 Auditing and Assurance Services (Honours)(6 UOC) in place of ACCT3708 Auditing & Assurance Services (6 UOC)
Honours
Honours level study is available in Accounting.
Students interested in studying at Honours Level should refer to the relevant Honours plan record for entry requirements. High achieving students may undertake honours in the area of their business major by enrolling in 4501 BCom(Hons) program
.
http://legacy.handbook.unsw.edu.au/undergraduate/programs/current/4501.html
Students interested in studying at Honours Level should refer to the relevant Honours plan record for entry requirements. High achieving students may undertake honours in the area of their business major by enrolling in 4501 BCom(Hons) program
.
http://legacy.handbook.unsw.edu.au/undergraduate/programs/current/4501.html
Professional Recognition
CPA Australia
Associate membership of CPA Australia may be obtained with a UNSW undergraduate degree that incorporates a major in Accounting and completion of the other accredited courses to satisfy its core knowledge requirements. A list of the required courses can be accessed through www.cpaaustralia.com.au or the Professional Recognition of Programs for Undergraduate Students in the Online Handbook.
The Institute of Chartered Accountants Australia
Graduates who have completed the required accredited courses in a UNSW undergraduate degree are eligible to enter the Chartered Accountants Program leading to membership. A list of the required courses can be accessed through www.charteredaccountants.com.au or the Professional Recognition of Programs for Undergraduate Students in the Online Handbook.
Institute of Public Accountants (formerly the National Institute of Accountants)
The Institute of Public Accountants has approved UNSW for the purpose of its membership qualifications. Further information is available from Professional Recognition of Programs for Undergraduate Students in the Online Handbook.
Associate membership of CPA Australia may be obtained with a UNSW undergraduate degree that incorporates a major in Accounting and completion of the other accredited courses to satisfy its core knowledge requirements. A list of the required courses can be accessed through www.cpaaustralia.com.au or the Professional Recognition of Programs for Undergraduate Students in the Online Handbook.
The Institute of Chartered Accountants Australia
Graduates who have completed the required accredited courses in a UNSW undergraduate degree are eligible to enter the Chartered Accountants Program leading to membership. A list of the required courses can be accessed through www.charteredaccountants.com.au or the Professional Recognition of Programs for Undergraduate Students in the Online Handbook.
Institute of Public Accountants (formerly the National Institute of Accountants)
The Institute of Public Accountants has approved UNSW for the purpose of its membership qualifications. Further information is available from Professional Recognition of Programs for Undergraduate Students in the Online Handbook.
Further information
Please note that these requirements may be subject to change.
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.
Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Level 1, room 1028, Quadrangle Building
Forms, policies and procedures
Frequently asked questions
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.
Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Level 1, room 1028, Quadrangle Building
Forms, policies and procedures
Frequently asked questions
Study Levels
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