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Master of Accounting (Professional)

ACCP12M

Faculty:
Faculty of Business and Economics
Award:
Master of Accounting (Professional) (MAcc(Prof))
Admission Requirement:
• Australian level 7 bachelor's qualification or recognised equivalent
• GPA of 2.70 (out of 4.00)
English Language Proficiency:
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Study Mode:
Full-time, Part-time
Attendance Mode:
Internal
Candidature Length:
Full-time: 1 year - 2 years depending on RPL granted
Study Period Offerings:
Session 1 (February), Session 2 (July), MQC Session 1, MQC Session 2
Volume of Learning:
Equivalent to 2 years
General requirements:
Minimum number of credit points 64
Minimum number of credit points at 600 level 16
Minimum number of credit points at 800 level or above 48
Completion of other specific minimum requirements as set out below

In order to graduate students must ensure that they have satisfied all of the general requirements of the award.

Specific minimum requirements:

Credit points

600 level

Required
4
Principles of Accounting (4)
 
Required
4
Business and Corporation Law (4)
 
Required
4
Quantitative Methods (4)
 
Required
4
Economic Analysis (4)
 

800 level

Required
4
Managerial Accounting (4)
 
Required
4
Accounting Information Systems (4)
 
Required
4
Accounting Standards and Practice (4)
 
Required
4
Taxation Law (4)
 
Required
4
Auditing and Assurance Services (4)
 
Required
4
Corporate Accounting (4)
 
Required
4
Current Issues in Accounting and Corporate Governance (4)
 
Required
4
Contemporary Accounting Practice (4)
 
Required
4
Financial Management and Policy (4)
 
Required
12cp from
 
Research Seminar (4)
 
 
Information Systems in Business (4)
 
 
Management Accounting: Strategy and Control (4)
 
 
Management Control Systems (4)
 
 
International Accounting (4)
 
 
Forensic Accounting (4)
 
 
Advanced Corporate Accounting (4)
 
 
Fraud Detection, Investigative Techniques (4)
 
 
Enterprise Risk Management - Corporate Governance Perspectives (4)
 
 
Legal Governance for Business Enterprises (4)
 
 
International Trade and Governance (4)
 
 
Competition and Consumer Law (4)
 
 
Chinese Trade and Investment Law (4)
 
 
Corporate Finance (4)
 
 
Investments (4)
 
 
Business and Financial Analysis (4)
 
 
Capital Markets (4)
 
 
Business Valuation (4)
 
 
Portfolio Management (4)
 
 
Corporate Financial Modelling and Forecasting (4)
 
12
Business Internship (4)
 

TOTAL CREDIT POINTS REQUIRED FOR THIS PROGRAM

64
Additional Information
AQF Level Level 9 Masters by Coursework Degree
CRICOS Code 083773A
Overview and Aims of the Program Looking to change your career and be part of a growing profession? Macquarie University has Australia’s largest postgraduate accounting program and provides a pathway for university graduates in any discipline to acquire qualifications that are fully recognised by CPA Australia and Chartered Accountants in Australia and New Zealand.

Key features:
• enables you to qualify for membership with an Australian professional accounting association
• ensures you are taught by accounting academics and practitioners who are experts in their field: a number of our teaching staff also act as consultants to the ICAA and CPA Australia
• offers a flexible class time for students who work full-time.
Graduate Capabilities

The Graduate Capabilities Framework articulates the fundamentals that underpin all of Macquarie’s academic programs. It expresses these as follows:

Cognitive capabilities
(K) discipline specific knowledge and skills
(T) critical, analytical and integrative thinking
(P) problem solving and research capability
(I) creative and innovative


Interpersonal or social capabilities
(C) effective communication
(E) engaged and ethical local and global citizens
(A) socially and environmentally active and responsible

Personal capabilities
(J) capable of professional and personal judgement and initiative
(L) commitment to continuous learning

Program Learning Outcomes By the end of this program it is anticipated you should be able to:

1. demonstrate integrated theoretical and technical knowledge related to the core disciplines of professional accounting (K)
2. apply expert and specialised technical skills in the core disciplines of professional accounting (K)
3. demonstrate knowledge of research principles and methods as used in professional accounting practice (K)
4. effectively interpret and appraise recent developments in accounting (T)
5. execute independent research and exercise professional judgement in solving complex accounting problems (P, J)
6. demonstrate communication skills relevant to an appropriate professional environment (C)
7. demonstrate an awareness of emerging social, ethical and regulatory issues relevant to an accounting practitioner (E).
Learning and Teaching Methods On completion of this program you will have acquired the relevant knowledge and skills required to work as an accountant and to commence a professional accounting qualification including the Chartered Accountants Australia and New Zealand and CPA Australia programs. You will also have the research skills and practice to enable you to interpret and appraise recent developments in accounting as well as to make professional judgements and solve complex accounting problems.

You will obtain the requisite knowledge and skills through a variety of independent and collaborative activities completed across units in this program, increasing in the level of difficulty and complexity as you progress through this program. You will attend and participate in seminars and workshops in which you will be expected to apply your advanced and integrated understanding of the core disciplines of accounting to practical and theoretical scenarios as well as interpret and appraise recent developments in accounting.

All units in the program are supported by an online environment that provides access to resources such as lecture notes and recordings, readings, quizzes, discussion forums and assessment materials, and that facilitates communication between you and the teaching staff.
The learning outcomes associated with individual units have been aligned with program level learning outcomes and the Macquarie University graduate capabilities. You are expected to actively engage in your learning and work with lecturers, tutors and and fellow students to achieve the learning outcomes.

Across the program you will present both verbally and in writing your understanding of the core disciplines of accounting (see assessment methods for further information). The program is structured to promote and encourage independent learning and reflective practice through the acquisition of knowledge and skills, research, practice, discussion and collaboration.

Together with your fellow students you will be directed to relevant materials and be provided with a set of tasks that you are expected to engage with. These tasks will include acquiring information from a variety of sources and includes: accessing and reading materials made available on the unit online learning management system, reading of texts and articles; review of case studies; preparation of a practice set; use and application of business software and technology; reflecting on discussion points; completion of an independent research project; working collaboratively with students from this and other programs on a series of group activities; practicing skills such as problem solving, professional judgement and presenting. You will receive feedback across this program from your fellow students, university staff and industry professionals.

Embedded in this program are a number of initiatives that develop your awareness of social, ethical and regulatory issues that you will need to reflect on in operating as a professional accountant. You will develop your knowledge of research principles and methods ultimately completing an independent research project relating to current issues in accounting. The capstone unit ACC950 ‘Contemporary Accounting Practice’ will require you to think critically, ethically and strategically to solve business problems whilst integrating technical accounting knowledge and professional skills. This unit also provides an opportunity for you to further develop and consolidate your graduate capabilities at the end of the program.

You will be provided with a number of opportunities to engage with the accounting profession throughout the program including the participation of expert accountants as lecturers and guest lecturers in units as well as career and technical events hosted by the professional accounting bodies on and off campus. You will also participate in seminars and lectures that focus on the generic skills required by a professional accountant in the workplace. These activities ensure a learning environment in which you can reflect on and contextualise your skills and knowledge.
Assessment Assessment is based on the submission of individual and group coursework. You will complete a variety of assessment tasks over the duration of the program including assessed coursework, class participation, final examination, essay, class test, quiz, presentation, assignment, case study or report. Clear standards and criteria for assessments, what is assessed and how it is assessed, are contained in each unit guide.

Assessment tasks across the program may include the following:
• Written assessments in traditional academic format ranging from short essays to longer, self-directed research papers, literature reviews and annotated bibliographies. ACCG927 'Current Issues in Accounting and Corporate Governance' has a substantial independent research project focusing on research principles, literature review and research argument.
• Case studies or reports, written documents outlining the results of a detailed analysis of a situation using empirical data and research. Case studies are used to assess critical thinking, analytical and research skill.
• Assignments, in a variety of formats such as the production of an Excel spreadsheet, the analysis of a mathematical problem or data set, or a brief written response to a topic question.
• Online quizzes designed to assess knowledge, skills or capabilities, and typically consisting of a series of questions requiring brief responses.
• Class participation, including engagement in tutorial discussions or online discussions.
• Written class tests, time limited assessments designed to assess a student’s knowledge or skills.
•Individual or group oral presentations which may incorporate presentation technologies or be accompanied by handouts.
• Final examination, invigilated assessments conducted at the end of session and designed to assess a student’s body of knowledge and critical thinking skills.

The coursework completed in this program, including a variety of assessment tasks, are designed to develop (formative) and assess (summative) your achievement of the program learning outcomes and will require you to integrate and exhibit your skills and knowledge acquired. For each unit you will complete between 3 and 4 assessment tasks and the unit guide will indicate the relationship between the assessment tasks and program learning outcomes. Feedback on your performance in completing an assessment task will be provided in a variety of formats in units across the program.

Where there is a final examination in a core unit in this program you will be required to pass that final examination to pass the unit. You will be required to make reference to research and practice across the core disciplines in accounting in completing assessment tasks and staff will be available at specified times during the sessions for individual consultation and advice.
Recognition of Prior Learning

Macquarie University may recognise prior formal, informal and non-formal learning for the purpose of granting credit towards, or admission into, a program. The recognition of these forms of learning is enabled by the University’s Recognition of Prior Learning (RPL) Policy and its associated Procedures and Guidelines. For recognition of prior informal and non-formal learning, please refer to the relevant RPL Plan, which describes the evidential requirements and approval processes for recognising prior learning for entry or credit in this program.


For undergraduate RPL plans visit www.goto.mq.edu.au/nonschoolrpl
For postgraduate RPL plans visit www.goto.mq.edu.au/pgrpl

Support for Learning

Macquarie University aspires to be an inclusive and supportive community of learners where all students are given the opportunity to meet their academic and personal goals. The University offers a comprehensive range of free and accessible student support services which include academic advice, counselling and psychological services, advocacy services and welfare advice, careers and employment, disability services and academic skills workshops amongst others. There is also a bulk billing medical service located on campus.

Further information can be found at www.students.mq.edu.au/support/

Campus Wellbeing contact details:
Phone: +61 2 9850 7497
Email: campuswellbeing@mq.edu.au
www.students.mq.edu.au/support/health_and_wellbeing/contact_us

Program Standards and Quality

The program is subject to an ongoing comprehensive process of quality review in accordance with a pre-determined schedule that complies with the Higher Education Standards Framework. The review is overseen by Macquarie University's peak academic governance body, the Academic Senate and takes into account feedback received from students, staff and external stakeholders.

This program is also accredited with the Chartered Accountants Australia and New Zealand and CPA Australia following a review of the content of the program, the quality of the teaching staff and graduates, as well as teaching, learning and assessment methods. An annual report is submitted and a detailed review is conducted (every 5 years) by both of the above-stated professional accounting bodies.
Graduate Destinations and Employability Career Opportunities:
• Graduates can find careers in accounting, taxation, financial planning, company secretarial and auditing.

Employers:
• accounting and consulting firms
• auditors
• business analyst firms
• financial institutions
• forensic accounting firms
• government organisations
• merchant bankers
• stockbrokers
• superannuation advisers.
Assessment Regulations

This program is subject to Macquarie University regulations, including but not limited to those specified in the Assessment Policy, Academic Honesty Policy, the Final Examination Policy and relevant University Rules. For all approved University policies, procedures, guidelines and schedules visit www.mq.edu.au/policy.

Accreditation This is an Australian Qualifications Framework (AQF) accredited qualification.

Accredited with Chartered Accountants Australia and New Zealand and CPA Australia. The Master of Accounting (Professional) is recognised by the Chartered Accountants Australia and New Zealand and CPA Australia. The units in this degree have been designed to meet the educational requirements of CPA Australia, CA Australia and New Zealand and other international accounting bodies. The degree provides thorough preparation for the CPA or CA programs and is taught by highly qualified teaching staff many of whom have had first-hand experience with the CPA and CA programs.