Master of Accounting (CRICOS 076831K)

The Master of Accounting (12 subject program) is studied over 3 trimesters spread over one and a half calendar years. Students can choose to make use of the 3 trimesters offered and study continuously to reduce the time of their course completion if they choose.

To enrol in this course, students must satisfy the following conditions:

Students MUST have completed the equivalent of ACC700 Principles of Accounting (this will satisfy the required pre-requisite ACC700 existing for some subjects), BUS702 Business Law (Australian) and BUS700 Economics in an approved accounting AQF Level 7 or above course to be eligible to enrol into the Master of Accounting.

The course is designed to enable graduates with a recognised bachelor’s qualification, graduate certificate or graduate diploma in any field, at a standard equivalent to AQF Level 7, acceptable to King’s Own Institute, and who satisfy the conditions above, the opportunity to develop the knowledge and skills required for Associate Membership of professional accountancy bodies such as Chartered Accountants Australia and New Zealand (CAANZ), the Institute of Public Accountants (IPA)and CPA Australia (CPA). The course provides students with the foundation for a successful and rewarding career in professional accountancy.

The course has 12 core subjects, which offer students advanced learning in accounting within the contexts of both professional practice and the theoretical standards that underpin such practice. The course concludes with a research component (BUS707 Applied Business Research) which reinforces technical excellence in these fields within a framework that emphases core professional competencies in critical thinking, problem-solving and strategic decision-making, professional communication and persuasion, information systems applications and management and ethical awareness and reasoning.

Course Learning Outcomes

1. Demonstrate current, comprehensive, coherent and connected knowledge

Understand recent developments in accounting and applied business research methods

Engage in the process of research and the continuing learning needed to retain the necessary level of professional skills and knowledge in accounting

2. Command a higher order of skills in analysis and professional application through the planning and execution of project work and applied research

Review critically, synthesise, apply and evaluate contemporary accounting theories and apply professional skills and knowledge in the systematic development of business solutions

Communicate business solutions effectively to stakeholders

3. Demonstrate leadership, creativity and flexibility in the application of knowledge and skills to new situations to solve complex problems and to think rigorously and independently

Plan and execute a substantial research-based project on a topic relevant to accounting

4. Show an informed appreciation of the ethical standards and requirements for continuing professional development in accounting.